What is a Flat Fee MLS Listing?

 In a real estate transaction the home seller's agent lists the property on the MLS (Multiple Listing Service). The home buyer's agent helps find homes the home buyer might be interested in. Both receive a commission at the point of home sale. The Flat Fee concept, was to list the property directly on the MLS (Multiple Listings Service) site by charging a one-time flat fee. By paying a flat fee for listing your home, you can save 3% on the home sale price. Simply stated, if your home sells for $200,000, you save $6,000 less the flat fee cost.

With a "Flat Fee Listing" the seller pays a low flat fee to list their property in the local Realtor® Multiple Listing Service (MLS). You agree to pay a commission set by you the seller, only to the actual agent that provides a qualified buyer for your home. Unlike the traditional real estate brokerage, with the Flat Fee MLS Listing, if you sell your home on your own, without the buyer agent, you only pay the low flat fee.

 Five Reasons To Believe What We Say

1. This is not a typical for sale by owner program that places your home on an outdated web site with a worthless virtual tour. This is the Realtor MLS which represents the largest trade organization in the world, the National Association of Realtors!
2. According to the latest National Association of Realtors (NAR) home seller survey, fifty percent of sellers first try to sell their home without using a listing Realtor to avoid paying an average six percent commission. The survey also shows that only sixteen percent of sellers actually sell their home without exposure in the MLS. And many of them end up giving away their commission savings to the buyer to close the deal.
3. The power of the MLS is cooperation and compensation. The majority of listed homes do not sell by the listing office. In actuality, most sales involve two different offices, a listing office and a selling office. This means that it is not as important which office the home seller selects to list the property as it is that the home is listed on the MLS.
4. National studies show that more than 85% of potential home buyers start their home search on the Internet. And for you, the seller, to get your home advertised on the top sites like Realtor.com where home buyer's shop you must be listed on the MLS first.
5. As a member of the National Association of Realtors our Affiliate brokers are bound by the standards and ethics of the association to conduct business in an honest and ethical manner. As a licensed real estate brokers there are extensive laws that we must follow to serve and protect the best interest of the people.