FAQ

What is Flat Fee MLS?

Flat Fee MLS is an entry only listing.  You pay a Realtor to advertise your home in the MLS. That Realtor does not represent you and has no Fiduciary responsibilities towards you the seller.  It is the perfect situation for FSBO's who are having trouble getting the buyers to see their home.  The MLS is a fantastic avenue for advertising a home, but it is only accessible through a MLS participating member.  

May I Cancel if I decide Flat Fee or Entry Only is not for me?

Of course you may...  Selling a home is a lot of work.  If at any time you decide you no longer want to move/sell, or you would prefer the traditional route, you may cancel any time with no additional fees. 

All we need is the change form (in your paperwork) filled out with the date you want you house to come off the MLS.  It will be completed within 24 hours.  

Will I Get My Money Back if I decide to cancel or my home does not sell?

No, I am sorry, there are no refunds.  
Does Flat Fee MLS Work?

Yes, of course it does.  All though there are other factors to consider, but a properly priced, well staged home will sell using Flat Fee MLS.

Do you use any Newspaper Advertising?

 No, Newspaper Advertising in our opinion is dead.

There are other Flat Fee MLS company's that charge a smaller fee?

I know there are cheaper options,  but they only allow for 1 - 5 pictures.  We allow for 25...  PICTURES SELL A HOUSE.  That is all I have to say... buyers are doing their research before they go see a house, you want pictures galore to help them see your home.  Also the more picture the better for pulling up in Realtor.com. We also offer unlimited changes, and unlimited extensions.  These companies do not.

Do I have to pay a Buyer's Agent Commission?

Yes, to advertise in the MLS you do have to offer a Buyer's Agent  commission. We recommend at least 2% but the amount is up to you.  Just remember that you want that agent to show your house, and if  what you are offering is too low that perfect buyer may never make it into yours. A more aggressive commission is defiantly a great selling feature.  I am not agreeing with the practice, just pointing it out.

How do I save money if I still have to pay a commission?
Two Scenarios:

1.  A buyer finds your home on one of the "homes for sale websites" like Realtor.com or Trulia.com... They call you directly, they buy your home... you pay ZERO commission.

OR

2.  They see your home on a Realtor.com or other site, but are working working with a Realtor/Real Estate Agent.  The agent contacts you for a showing then you own the Realtor the commission, but  you still save on the Seller's Agent commission.  
           
Example:  Selling price $300,000

                               Traditional commission 5%*  =  $15,000 commission
                               Flat Fee MLS commission 2.5% = $7,500 commission

 You Save $7,500  


* 5% is what our Traditional Real Estate Brokerage charges to sell a home, it does not represent all Real Estate commissions.