We have been offering Flat Fee or Limited Service listings in Southeast Louisiana since 2007 and saved our clients almost 5 Million Dollars combined. We love being able to help our clients sell their property and keep more money in their pocket for whatever they want to do next.
I am the Broker/Owner of 1st Louisiana Realty. I grew up in Kenner, LA and attended UNO for Mechanical Engineering. Almost 30 years ago I decided to enter the finance side of Real Estate and work for 14 years in the Mortgage business. As an Originator, Processor, and Underwriter, I was involved in tens of thousands of real estate transactions. I decided to transition into Real Estate sales during the last part of my mortgage career starting out as a Realtor's assistant and moving quickly to Partner and then Broker. I attend classes with National Educators to be able to give my clients the best representation.
Flat Fee MLS Listing in Louisiana works because we are listing in the same MLS as all other agents. Pricing is the real key to selling, so with a flat fee listing, you can lower your price. Flat fee listing 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 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. Flat Fee brokers are real estate brokers, just like the national brand names, but offer discounted or unbundled services or limited service. Most flat fee brokers do offer full service brokerage services.
You are not a FOR SALE BY OWNER on the MLS, you are listed with an agent but still have the option to sell your own property without paying an other fees aside from the up front listing 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.
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