December 1, 2008 – 6:52 pm
Looking for a way to advertise your flat fee real estate services on the Internet but not sure where to start. Bloomkey.com has recently developed a nationwide real estate marketing platform for real estate brokers. Registration is free and open to licensed real estate brokers.
Bloomkey’s unique flat fee marketing system allows real estate brokers to customize their service offering and market to a Internet audience of home buyers and sellers seeking alternatives to traditional real estate services and commissions. Founded by the Internet’s first nationwide real esate broker, Bloomkey is the leader in online flat fee real estate services. Bloomkey affiliates have already assisted thousands of consumers throughout the United States and Canada. Join the revolution at www.bloomkey.com!
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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.
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MLS losing value to alternative websites
As Move.com unveils Mike Long, CEO of Move Inc., wants to take back what he believes companies like Google, MSN, and AOL among others have taken from the Realtor community. His misguided frustrations are lashed at third party websites that have simply created a valuable and viable marketing alternative to the 5-6 percent it would normally take a home seller to get into the MLS through a full service realtor. It seems to me Long has missed the point. Instead of updating and providing improvements to the structure of the MLS, he is mad there is competition, citing that Google Base will become an unrestrictive, uncontrolled platform for "for sale by owners" with no realtor influence. As flat fee MLS providers have entered the real estate industry and gained increasing market share it has been revealed that the MLS, from a listing standpoint is no more than a classified ad focused primarily to real estate agents. And, now that MLS listings are being displayed throughout the internet either by local brokerages or by third party websites like Yahoo! Real Estate, individual listings are getting enhanced and increased marketing exposure. At this point low cost, alternative models seem to be gaining in market share and popularity as the public perception of the realtor community and their services is changing. It is not a conspiracy to "disintermediate Realtors" or "carve a big chunk out of Realtor commissions" as Long states, it is an alternative that allows sellers to assume a greater control over their transaction in a cost effective way. It is about maximizing exposure without sacrificing equity.
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