Hello, my name is Donna Mink and I am the Broker/Owner of Mink Realty. I am also the Kentucky broker assigned to the FlatFeeGroup.
I have been in real estatae since 2005. I started my Online Flat Fee MLS business called Mink Realty in 2010. I have my broker license in the state of Kentucky and I am a listing agent as well as a buyers agent. I am ready to help you save money when listing your home and when buying your next home. Be sure to check out my Buyer's Rebate Program where you can earn 50% of my commission if you use me as your buyer's agent!
Flat Fee MLS selling as a for sale by owner (FSBO) in without listing on the MLS can be very difficult. Most by owner's end up listing with a real estate agent. Without the MLS, it's difficult to market your property. We feel listing on the MLS for a flat fee is the best way to sell a property. Flat Fee Group offers the best flat fee brokers in the nation. The key to selling your property and getting top dollar is listing on the MLS and pricing your home correctly.
Flat Fee Group offers a free sale by owner website when you list. You can post your listing to Facebook. This is not the key to selling but it does not hurt. Getting on the MLS with the right broker is the key to selling. Call and interview your flat fee broker today and let them guide you the sometimes very complicated process.
Flat Fee Group, LLC is national group of independent real estate brokers. We list your property on the multiple listing service called the MLS and other national and local real estate websites such as Realtor.com, Zillow.com, Trulia.com, Homes.com and many more for a low flat fee. You can sell your home as a for sale by owner (FSBO) and pay no buyer agent commission and be listed with an agent at the same time, it's the best of both ways.
All brokers and agents with Flat Fee Group are independent and not a 3rd party referral site. You can call and interview your broker before you list. Many flat fee companies you find on the internet are 3rd party referral sites, meaning they take your listing and refer out to a broker in your state. The problem with 3rd party referral sites, you cannot interview your broker before listing and most of the time, they pick the broker willing to work for the least amount of money. You want a good flat fee broker, so choose Flat Fee Group and feel confident you are getting the right listing broker. Flat Fee Group was voted best national FLAT FEE MLS site.
Flat Fee MLS is the practice in the real estate industry where a seller enters into a listing agreement with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction. The buyer's broker is still typically offered a percentage though that could be a flat fee as well. A discount Richmond Kentucky REALTOR® flat fee MLS brokerage typically unbundles the services a traditional real estate brokerage offers and list the property for sale in the local multiple listing service (MLS) a la carte without requiring the seller to use its services for valuation assistance, negotiating, transaction management and showing accompaniment. See our state and city local Flat Fee MLS brokers. Most flat fee brokers do offer full service brokerage services. Many flat fee brokers are limited service brokers but we offer full service brokerage as well.
Flat fee MLS (Multiple Listing Service) real estate is a type of real estate listing service that allows property owners to list their properties for sale on the MLS for a flat fee, rather than paying a traditional real estate agent a percentage of the sale price as commission.
In this model, the property owner takes on many of the responsibilities that a traditional agent would handle, such as handling showings, negotiations, and preparing and executing the sales contract. However, by paying a flat fee listing in Richmond Kentucky to list on the MLS, the property owner has access to the same pool of potential buyers as if they had hired a full-service agent.
The cost of a flat fee MLS listing can vary depending on the company and the services offered, but it is typically much lower than the traditional commission-based model.
If you're considering a flat fee MLS listing, it's important to understand the responsibilities involved and to weigh the potential savings against the time and effort required to handle the sale process on your own. Additionally, it's a good idea to research different companies to compare their services, fees, and reputation before making a decision.
In the by owner MLS ®, the listing agreement between the real estate broker and the property owner typically requires the broker to enter the property into the MLS and provide other contracted services, with the broker acting as what the traditional industry has coined a "limited service broker". However, the flat fee industry prefers the term a la carte broker because the services are not limited. Instead freedom of choice is expanded to allow sellers to pick from a menu of services.
Within the nontraditional real estate services market, there are multiple programs offered to sellers that share the common objective of saving the consumer money by reducing the overall expense of selling real estate. A "nontraditional service" does not automatically entail "limited service". For instance, some full-service brokers list properties under a full-service agreement but charge a "flat rate" that is not a percentage of the sales price.
For Sale By Owner Flat Fee MLS ( Multiple Listing Service in) is not different from traditional real estate brokerage services. Because the MLS requires a listing agreement between a real estate broker and property owner, the rapid explosion of discount flat fee agent providers has created a gap in the States developing laws governing flat fee services provided by real estate broker. Many discount flat fee agents are way better agents than traditional 6% agents, because they do more transactions (having more experience) than most agents. Do not go with the cheapest flat fee agents, pay a little more and get much better service.
The main differences flat fee Richmond Kentucky Multiple Listing Service and traditional services, flat fee allows the seller to sell as a for sale by owner in and not pay a commission. With traditional commissioned real estate agents, if you sell your own property, you will own the agent a high commission. Flat fee listing allows the customer to sell as a FSBO and with an agent, having the best of both worlds.
You are not a for sale by owner FSBO on the MLS ffor a flat fee, you are listed with an agent but still have the option to sell your own property without paying a buyer agent commission. We are a discount real estate broker from the normal 6% commission. Flat Rate or Flat Fee MLS listing services have been around for years, but is fast becoming more popular when selling your property.
Richmond Kentucky you'll also find some smaller flat fee MLS listing services that specialize in particular cities. These local companies are more likely to offer flexible flat fee service packages and bring more area expertise than the national 3rd party referal sites. Every flat fee MLS company is different. Make sure to read the fine print when evaluating offerings to make sure you're getting a fair deal, or better call the company an make sure they will be listing your property and not referring you to a different broker.
The answer is NO. Your listing will appear on the MLS as any other listing, there is no difference. Buyers are looking on the internet for their own property and calling their agent to show the property. Real estate agents ultimately want to find the right house for their clients. If your home fits a buyer’s needs and criteria, their agent won’t pass up on showing your home. The key to selling is getting on the MLS and pricing your property correctly.
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