Thanks to digital innovations in the real estate sector, it’s now possible to find an experienced listing agent for a lot less. But as a trade-off, you’ll be responsible for doing most of the work a real estate agent would usually do, like showings, marketing, paperwork, and negotiations.Ī better alternative is to use a full-service realtor, but avoid paying the full 2–3% commission. With a typical flat fee package, you can expect to have your listing posted on your local MLS for 3–12 months with anywhere from 6–25 photos, along with a brief description of your property.īy using a flat fee MLS listing, you'll save on the typical 2–3% commission that listing agents charge. What do you get with a flat fee MLS listing service? So getting your house on the local MLS is one of the most powerful marketing moves you can make. MLS listings also get posted to major real estate sites like Zillow, Movoto, and. The MLS is the main tool that real estate agents use to find properties for their home-buying clients. It is a directory of properties listed for sale by realtors, including single-family homes, townhouses, condos, land, acreage, commercial properties, and investment properties. The MLS stands for the multiple listing service. These companies are licensed brokers that can put your property on the MLS for around a few hundred dollars. That's where flat fee MLS listing services come in. Only real estate agents and brokers can list on these databases. Unfortunately, FSBO sellers can't just submit their own listings to the MLS. So getting your house on the local MLS is one of the most powerful MLS listings also get posted to major real estate sites like Zillow and. » SAVE: Find top local agents and get a 1.5% listing fee!Ī flat fee MLS listing service is a company that charges a set rate to list your home on your regional multiple listing service (MLS) database. That's a fraction of the 3% rate agents typically charge - saving you thousands of dollars without the headache of trying to sell without a realtor. If you want to save money on your listing without getting overwhelmed by all the DIY, a better alternative is to use a traditional real estate agent who charges discounted rates.Ĭlever negotiates flat 1.5% listing fees with full-service agents from top brands like Keller Williams and Century 21. Unlike full-service agents, flat fee MLS companies don't handle all of these details. You'll also be responsible for showings, open houses, photography, listing descriptions, marketing, pricing and contract negotiations - not to mention wading through all the legal paperwork. A flat fee MLS listing service offers a cheaper alternative to hiring a full-service listing agent, who typically charges a 2.5–3% commission rate.īut selling a property involves a lot more than just listing it on the local MLS. Typically, only real estate agents can post on the MLS. A flat fee MLS listing will greatly increase your listing’s exposure, making it much easier for potential buyers to find it. Flat fee MLS listing companies charge a set rate to list your home on the local multiple listing service (MLS), a database of homes for sale in your region.
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