Save Thousands in Real Estate Commissions List Real Estate For Sale By Owner* and For Rent By Owner through us in your local REALTORÂ® Multiple Listing Service*
We offer Flat Fee MLS & Realtor.com in all
50 states & DC.
For information about Listing Real Estate in your local area, select your area
What is FLAT FEE MLS? Flat
Fee MLS is a model often used by For Sale By Owner (FSBO) sellers to offer Real
Estate through a Broker in the REALTOR®
Multiple Listing Service but in an à la carte capacity. A similar service
in the investment industry would be Schwab™ or eTrade™.
FSBO Sellers go to a Flat Fee Realtor® who for a low Flat Fee will
list their home in
Multiple Listing Service. The reason the service is called Flat Fee MLS
is because unlike traditional listing real estate brokers, a Flat Fee MLS
listing broker is not compensated on a percentage of the sale or the rental
price for the listing side of the transaction. Instead that fee is
substituted with a low Flat Fee. MLS is a marketplace used by REALTORS® to exchange information about their
listed properties in very much the same way that stock brokers put shares of
stock they are selling on the NYSE or NASDAQ • With a Flat Fee Listing sellers can save tens of thousands of dollars selling real estate. The Flat
Fee Model is the real estate model of the future. • It's most appealing to Do-It-Yourselfers which encompasses most For Sale By Owner
Back to the seventies, studies have been
conducted to determine what percentage of houses sell through a REALTOR®
vs. For Sale By Owner (FSBO). The National Association of
(NAR) surveys show a consistent mean listing ratio of 85:15 (For Sale By REALTOR®
to For Sale By Owner respectively). A traditional REALTOR®,
MLS Listed property would attract on average 85% of the buyers and a For Sale By Owner
property would get on
average 15% of the market. Flat Fee MLS Listings have a distinct
advantage over both sales models as they get 100%? Flat Fee MLS Listed properties are offered to buyer working with
and without REALTORS®.
If the buyer is working with a REALTOR®,
the seller pays just the buyer's REALTOR'S®
side of the commission replacing the listing side with the low upfront pre-paid
fee. In contrast if the buyers is not working with a REALTOR®
then the buyer pays only the upfront low Flat Fee MLS listing fee.
The buyer saves between 50% and 100% of the commission he/she would normally pay
but attracts 100% of the market. Flat Fee MLS is a win-win
for any seller and similar for landlords too.
in marketing real estate is competitive bidding to drive up the price of the
property. The bigger the market, the greater the odds are of getting top
dollar. Why would anyone want 85% or 15% respectively when they could have
100% with a Flat Fee MLS listing.
When marketing real estate, focus on 100% exposure because that's what you deserve.
* Use of the term For Sale By Owner in conjunction with MLS, the phrase multiple listing service, or Realtor.com denotes that you fill out the forms "by owner" to list your property "for sale" with our licensed Broker. Our licensed broker in turn publishes your listing in the MLS's database which in turn feeds it to Realtor.com. It does not imply that you will be granted direct computer access to the MLS yourself or that this site is a representation of the MLS library of listings. All references to the term for sale would be interchangeable with for rent if you are listing a rental. Commissions are negotiable by law in all states.