Advantages Of Flat Fee MLS

Posted by Manager on June 17th, 2008

Flat fee MLS is one of the best ways if you are planning for a sale of your property. Believe me, for I did it and had got a positive result while selling my house. If you want a price that is worth your home or you are in search of home owner rebates, then the flat fee MLS is surely going to help you in a big way.

Some of the advantages of flat fee MLS are as follows:

1) It is comparatively cheaper to the traditional real estate listing.
2) You can share wide information about the property you are intending to sell
3) The viewer will be able to see the property live as it allows posting of photographs
4) The people from the real estate will also be aware that your home is under the ‘for sale by owner’ category. This makes the sale faster
5) You will have the option to post open houses too through flat fee MLS
6) On sale of your property, you are not required to make payments to the agent of the buyer.
7) There is also no question of payment to the agent of the seller

Try it now!

Sellers Too Often Overprice Themselves Out Of The Market

Posted by admin on January 28th, 2007

Then refuse to listen to solid advice

If you aren’t getting many showings or offers - that’s a sign.

Most people think that if their home isn’t getting shown enough - it MUST be the agent’s fault.

Well, you shouldn’t blame your agent for everything. Sometimes, home sellers just aren’t paying attention. They’re not paying attention to their agent, the market or the buyer’s who are telling them they are just priced too high. In a word, it’s easy to get attached to the fantasy that somehow your house is worth more. Don’t be taken in by it.

First, you need to get a comparative market analysis of your house to see what other houses in the same neighborhood with similar amenities have sold for. Then, and only then, should you set a price. Don’t base it on what sold last year. Your comps have to be recent enough to give you a decent view of how the market is operating today. Otherwise, you could end up overpricing your house and an overpriced house won’t sell.


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Flat Fee MLS is Controversial - Even in Canada

Posted by admin on September 23rd, 2006

Canada’s issue could become issue in the U.S.

Realtors from across Canada have voted to shelve proposed changes to the Multiple Listing Service that many agents argued could have increased the fees consumers pay for some services.

Delegates to a special meeting of the Canadian Real Estate Association, or CREA, voted overwhelmingly yesterday to withdraw the proposed changes and seek further discussion and "input from members." A report on those discussions will be made next March during the association’s annual meeting.

The proposals would have altered the rules governing how agents list homes on the MLS system, a 50-year-old service that allows agents, buyers and sellers to review virtually every home for sale in a certain market. CREA, which represents about 86,000 real estate agents, owns the MLS trademark.

Many full-service brokers argued that the MLS system is being flooded by houses from discount brokers, who generally charge far lower commissions or flat fees for their services. They said the changes were needed to protect the integrity of the service.

We realize flat fee MLS services are controversial. Real estate agents don’t like us, but that doesn’t mean we’re bad. We are committed to providing a high value service to home sellers and home buyers at an affordable price. IHS Realty believes the market should determine the conditions, not politics.

See Also


Flat Fee MLS, For Sale By Owner, Home Buyer Rebates
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