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!
By Manager
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Posted in Find Real Estate, Flat Fee MLS, For Sale By Owner, agent, discoun mls, discount MLS, discount MLS broker, flat fee, flat fee MLS companies, flat fee MLS listing company, flat fee mls broker, flat fee mls company, flat fee mls listing, flat fee mls providers, for sale, home buying rebates, home for sale
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Tagged flat fee, Flat Fee MLS, flat fee mls agent, flat fee mls online, For Sale By Owner, MLS, Real Estate, real estate agent|
Flat fee MLS versus a traditional agent
When listing your home with a flat fee MLS broker you are essentially acting as your own listing agent assuming responsibilities normally handled by an agent. You will handle all showing requests, handle the marketing of the home – classifieds, etc, and negotiate the purchase offer. And once you sell your home you will immediately question why any agent would ever get 5-7 percent to sell a home. I think you will find it considerably easier than you thought.
The increase in home prices and recent market conditions have lead consumers to try a new method that provides the best of both worlds – it provides invaluable marketing exposure through the MLS while homeowners maintain all right of a for sale by owner. With the savings sellers experience in realtor commissions they would not otherwise realize, they have an opportunity to run their own marketing campaigns. Nowadays, most flat fee MLS providers provide many of the same marketing tools a full-service agent would provide like a yard signs, directionals, comparative market analysis (CMA) for pricing help, home warranties, virtual tours, realtor.com showcases, home flyers, home web pages, closing checklists, contract negotiations, and many other tools.
So what is the first question you ask a Realtor when conducting the listing interview? More than likely it is, "how are you going to market my home and where is my listing going to be visible to the public?" With flat fee MLS you control all aspects of the transaction; you are in the driver seat! Because sellers normally only pay between $400-$600 to a flat fee listing broker, it is almost foolish not commit some of that savings to an aggressive marketing campaign that will maximize your homes potential. Even if you spend a few hundred in classified ads, postcards, etc. you are still savings thousands more than listing with a traditional full-service agent. Spending a few more dollars to a flat fee MLS company that provides a Realtor.com Showcase listings may be advantageous as homes with additional photos and virtual tours are viewed 300 percent more often by the searching public.
See Also
When selling your home know exactly what services you are getting
As a home seller nothing is more important than knowing exactly what services you are getting from your agent. With flat fee MLS companies all services are made available on an a la carte basis so sellers know what to and not to expect. If you are considering listing with a full serivce agent be thorough. You don’t want to sacrifice thousands of dollars in equity to receive the same services you can get for a fraction of the cost. There are many full-service agents out there that don’t do anymore than list the home in the MLS and wait for a sale. When you consider that you will be paying out 3 percent of your home’s final sales price to compensate a full-service listing agent you should weigh all the options. Is an agent really going to do $10,000 or $12,000 worth of work. Before you sacrifice that much money in equity, you may be wise to list your home as a for sale by owner in the local MLS through alternatives like flat fee or discount brokers, where you can control the advertising aspect of the sale.
Real estate agent among the least respected occupations
Has anyone seen the T-Mobile cell phone commercial depicting the real estate agent blowing through her monthly minutes while speaking to her clients in clichés and outrageous embellishments? It seems to sum up the public’s overall perception of real estate agents as they are among the most reviled professionals, ranking right at the top with used car salesman. The funny thing is, they live up to it everyday. As a flat fee MLS company, we witness such unethical business practices first hand. Consumers are told fictitious horror stories about lawsuits (which can be avoided by for sale by owners through the use of real estate attorneys or real estate broker consultation), told their homes aren’t listed in the realtor MLS (like there is another type of MLS), told agents won’t show their home, and told they cannot find their home on the MLS among a multitude of other outlandish stories. It really is a shame a commercial with such an offensive message can be so accurate.
Realtor.com offers unique and necessary marketing exposure
With over 35.2 million unique visitors Realtor.com topped the list of most visited websites in the real estate industry. Marketing exposure is the most important aspect of getting your home sold. If you are trying to sell For Sale By Owner (FSBO) you are not only missing out on over 75% of the local real estate market through the MLS but you are robbing your home of the valuable online marketing exposure created by public websites like Realtor.com. If you are trying to save on real estate commissions by selling your home FSBO a flat fee MLS broker is the answer. Through a flat fee MLS company you will be listed in the local MLS for a one-time low fee providing the opportunity to appear on public websites maximizing your homes exposure.
