Flat Fee Mls
By Owner Flat Fee MLS is an alternative to the traditional real estate model where the seller typically pays a 5%-6.5% commission.
The flat fee that the seller pays replaces the much higher listing fee, usually 2.5% to 3.5% of the sales price, that the seller otherwise would pay if using a full service Listing Broker.
As a result, the seller will not have to pay, at closing, additional fees to the listing broker that are typically based on the contract selling price. The seller will be required, however, to offer compensation to a buyer's agent (we recommend usually 2%-3%), otherwise known as a cooperating broker.
Buyers and Buyer's agents will work directly with the seller, potentially saving the seller thousands of dollars in commissions. If the seller conveys title without the assistance of a Buyer's Agent, then the seller will not have to pay a commission on his/her transaction, making it an entirely Brokerless transaction.
1. Search for a Flat fee MLS broker in and Go FSBO!
2. Wipe out the listing brokerage commission and save thousands. Calculate Your Flat Fee MLS Home Selling Savings
3. Stay in control by eliminating certain contractual risks that are present when using a full service real estate broker.
4. Advertise your home as a (FSBO) for sale by owner property.
5. Deal directly with a licensed MLS broker provider in your state. Fees vary by State, County, and Local Broker.
6. Click here to learn about state laws or regulations affecting your rights as a seller of real property.
7. MLS Listings are updated in real time and are available for viewing on www.realtor.com and your local MLS 24/7.
8. If you sell on your own, pay no commission whatsoever.
Paying a flat fee for an MLS listing means more equity in your pocket! All the advantages associated with an MLS listing will be available to you at a fraction of the cost. Typically, those fees run from 2.5% to 3.5% of the selling price, and are normally paid to the Listing Broker at closing. Fees vary by State, County, and Broker.
by: Jack Laufer
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