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In most all situations, there is no reason to list with a "Traditional" agent anymore. A professional Flat Fee REALTOR® listing has all the essentials that a traditional agent provides and more experience, with all of the cost savings and benefits of selling as "For Sale By Owner". Most all homes sell through the MLS. Get a good Full Service Flat Fee broker for about $1000. This is the best way to sell.
Avoid the traditional agent commission and go flat fee:
Instead of paying a traditional Realtor for example list your house on MLS, let list it on MLS for a low flat fee. You get the same MLS listing, but without the typically higher commissions. We are a discount REALTOR ® offering al la carte service, pay for what you want or go full service flat fee.
What is Flat Fee Listing:
Flat Fee MLS refers to of a seller entering into a listing with a real estate broker/agent who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction. A flat fee broker typically unbundles the services a traditional real estate brokerage offers and lists the property for sale in the local multiple listing service (MLS) à la carte without requiring the seller to use all services. There are full service flat fee brokers. Fees for full service flat fee brokers range from $1000 to $1500.
Why you need the MLS for a flat fee:
MLS stands for "Multiple Listing Service", and is what is generally referred to as "the real estate market". Being listed in MLS means all the area Realtors can find your home in their MLS database, and all the buyers can find your home when searching on Realtor.com and thousands of other web sites that display MLS listings. That's why MLS is responsible for over 90% of all home sales, and why MLS listed properties (for sale by owner or not) sell faster and for more money than non-listed "for sale by owner" properties.
Why a Flat Fee MLS Listing is the best choice:
It's the best of both worlds! You have the tremendous exposure of being listed on MLS, but with all the control and savings of selling "For Sale By Owner".
Why doesn't everybody sell with a Flat Fee MLS Listing:
Because they don't know this option exists, or they assume selling a home for sale by owner is more complicated than it is. Some just believe it's too good to be true. Brokers in Flat Fee Group offer "Full Service" for our clients who want the "Traditional service" without the high cost.
The history of Flat Fee Listing:
A Flat Fee listing on the MLS would provide the seller with a listing just like any other listing with the difference being they maintained freedom to sell on their own and had to deal directly with inquiring agents all the way through contract and closing. At first, there was an uprising by full service Real Estate companies because this service would surely cut their ability to monopolize the MLS and the ability to get Exclusive Right of Sale Listings where no matter what they would get a commission. The FTC eventually stepped in and ruled that the Flat-fee model be able to remain in place because it gave the home sellers another option which would save them money and introduce more competition to the marketplace. In addition, the seller benefits from being syndicated to other site feeds like Zillow, Trulia, Realtor.com and around 100 other web sites which is automatic once it is on the MLS.
For sale by owner flat fee listing:
With Flat Fee Group, you can sell by owner and be listed with an agent at the same time. If a buyer comes to you direclty, you will pay no commission. Only if an agent brings you a buyer, only then will you pay a commission - you now have the best of both worlds.
Selling your house for sale by owner (FSBO) to avoid paying a listing agent commission can be financially appealing, but the process isn’t as easy as you might think. If you want to try selling your own house, preparing yourself for the stressful and turbulent road ahead is a must.
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Flat Fee Group™ is a national association of the best flat fee brokers and REALTORS®. All brokers have been real estate agents for many years having closes thousands of deals. Click on your state and interview one of our independent brokers.