Typically, you have two choices once you decide to list your home in the MLS: Flat Fee MLS listing (or Discount MLS Listing), such as with our company, or Traditional. A listing commission is charged when listing your home on the MLS with a full-service real estate company. This listing commission is usually based on the sales price of your home and will usually range anywhere from 2.5-4%. Remember that this has nothing to do with the buyer's agency commission, which you may or may not be asked to pay.
Instead of paying a listing commission to a traditional real estate agency to list your home in the MLS, you can list with us for $195!
You will receive the same high-quality MLS listing and all of the MLS syndicated websites, such as Realtor.com, Homes.com, and Zillow group, as well as brokerage sites, such as Redfin, Coldwell Banker, and more!
Our Flat Rate MLS
Similarities
- MLS Listing in your local MLS by a licensed real estate company, us!
- Exposure on all MLS syndicated sites such as Realtor.com, Homes.com, Zillow, Trulia, Yahoo, as well as brokerage sites such as Redfin, Coldwell Banker, and more for your MLS area.
- No need to worry about contracts. The buyer's agent will bring you the written offer, AND if you find your own buyer, you are supplied with forms, contracts, and disclosures to sell your home on your own.
Differences
- We charge a flat rate of $195.00 to list your home in the MLS. There Is No Listing Commission.
- You are still able to market and sell your home on your own. If you find your own buyer, you will owe no commission to anyone.
- You stay in complete control over contract negotiations, including paying a buyer's agency commission only if you want.
- You schedule your own appointments and showings, around your schedule.
- You are able to continue to advertise your home however you choose and conduct your own open houses.
Traditional MLS
Similarities
- MLS Listing on your local MLS by a licensed real estate company.
- Exposure on internet sites such as Realtor.com for your MLS area.
- No need to worry about contracts. Your agent will bring you the written offer. However, you will typically not be able to find your own buyer without still paying a listing commission.
Differences
- A percentage of the selling price of the home is charged. This can typically be anywhere from 3-4% (thousands of dollars).
- You are typically not able to sell your home on your own. Even if you find your own buyer, the Real Estate listing agency is still entitled to a commission.
- The listing agent may encourage you to offer a buyer's agent's commission (directly to the buyer or buyer's agent, not in the MLS). This could be as much as another 3-4% of the home's sales price.
- They will schedule appointments and showings around their schedule. This may inconvenience you and potential buyers.
- They will sometimes provide additional advertising and sometimes conduct open houses.
As you can see, there are many similarities and differences between listing your home with an MLS flat fee real estate company and a traditional one. You will save thousands of dollars by choosing to list with us and go flat rate. You will choose a real estate company that understands your desire to sell your home and save your hard-earned money.
