How Does Flat Fee MLS Express Work?
When you list your home with a Real Estate Company, you pay on average from
5 - 7% of the sales price of the home for their service fee. They launch a marketing plan that includes posting your home in the Realtor's Multiple Listing Service, placing ads in newspapers and homes magazines, holding open houses, scheduling appointments, getting agent feedback, doing all the running when an offer comes in, and handling all details and complications thru to closing.
With our guidance, you can cut this fee almost in half by doing some of the listing agent's work, still paying a competitive service fee if a buyer uses an agent. Your property information and photo is posted in your local Realtors multiple listing service (MLS) and Realtor.com (where available) and affiliated sites, alerting thousands of agents to contact their buyers. In most cases, agents will see your phone number to call to set up the showing*. You will negotiate directly with them. If you sell it yourself, you owe no service fee. Some states offer a choice of programs. The local broker may have other terms which may apply, which will be detailed in their listing agreement. You may make price and status changes to your listing at anytime by emailing your broker.
Recent surveys by the National Realtors Association show that more than 90% of the buyers do an online search to find a home. With the MLS and internet you have the resources for a successful sale.