Nationwide Flat Fee MLS Listing Service

December 12, 2005 – 10:15 am

MLS Lion announces launch of national real estate website for flat fee MLS brokers.

MLS Lion announced today the launch of a national flat fee MLS listing service. Through the company’s website, www.MLSLion.com, the service provides home sellers with nationwide access to limited service and MLS-entry only real estate brokers in the United States and Canada.

Michael Logan, Jr., vice-president of MLS Lion, said, "MLS Lion is an interactive platform for limited service brokers to offer their services to a national audience. By providing an online connection between consumers seeking to save money on the sale of real estate and brokers offering real estate services for a low, flat rate, MLS Lion is positioned to be a key player in the emergence of alternative models in the real estate industry".

Using the MLS Lion web application, flat fee and limited service brokers can create their own real estate brokerage offerings and set the price for their services. The system also provides a convenient referral service for brokers to send customers to flat fee brokers in other areas of the country and receive a referral fee.

Home sellers can locate a flat fee MLS listing broker in their area and order their MLS listing online, create their own webpage, upload photos and download real estate forms.

MLS Lion currently offers flat fee MLS listing service in Arizona, California, Colorado, Connecticutt, District of Columbia, Florida, Georgia, Kansas, Kentucky, Illinois, Maryland, Massachussetts, Mossouri, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Utah, Virginia, and Washington State.

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By admin | Posted in Flat Fee MLS, flat rate mls, mls entry only, mls listing | Comments (0)

Flat Fee MLS Brokers Gain Momentum

October 26, 2005 – 3:34 pm

DOJ/FTC Workshop gives voice to limited service models

Yesterday’s Department of Justice’s and Federal Trade Commission’s Public Joint Workshop entitled "Competition and the Real Estate Industry" gave voice to the many alternative brokerage models vying for space in the hotly contested real estate arena. Panelist from a wide spectrum of disciplines surrounding the industry, as well as moderators from the DOJ/FTC, gave differing opinions on their visions for the future of real estate brokerage, however, one message seemed to radiate clearly with participants.

Minimum service requirements have no place in a free and unfettered economy. The effect of such laws clearly seems aimed at impeding the growth of alternative brokerage models, especially flat fee, MLS entry only companies. Steve DelBianco, Executive Director of the NetChoice Coalition, and Tom Early of the National Association of Buyers Agents (NAEBA) combatively and humorously debated leaders of the traditional real estate cartel demonstrating how such impediments to innovative business models as legislatively imposed minimum service requirements serve to harm consumers by creating barriers to brokers wishing to offer consumers choices in real estate services.

Over the past year, the DOJ and FTC have issued a number of letters to state legislatures around the country warning of the deleterious effect of proposed minimum service laws on consumers. So far, the National Association of Realtors and their state level counterparts have been largely successful in foisting bills on the unwitting public that limit consumer choices and help to prop up the antiquated system of bundled real estate brokerage services and full (5-6%) commission real estate.

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By admin | Posted in flat fee, limited service, lower commission, minimum service, mls entry only, real estate brokerage | Comments (0)