Save Thousands in Commission Selling and Renting With a Flat Fee Real Estate Listing
A Flat Fee
Realtor save you from a high 6±% commission and lets you list your home on the
REALTOR® MLS for a low
flat listing fee.
For information about Listing Real Estate in your local area, select your area
MLS is an
acronym for Multiple Listing Service, a portal of data used by REALTORS®
to exchange details about their numerous properties For Sale and For Rent with
The exposure you will get from a Flat Fee REALTOR®, and
the MLS, will enhance your home greatly. Also, using a Flat Fee REALTORS®
is very cost
efficient. For a low flat fee you will eliminate half of the commissions fees on
the sale of your home. And, if your buyer is not represented, you will not have
to pay any commissions fees. These savings can be thousands of dollars!
Since the 1970s, the National Association of
been measuring what percentage of homes sell by REALTORS®
and what percentage sell By Owner. It has consistently averaged 85:15 (REALTORS®
to Owners respectively). What this means is that when listing your property
with a traditional REALTORS®,
you will on average reach 85% of the market. Consequently if you list your
property as For Sale By Owner you will reach 15% of the market on average.
Wouldn't it be better to get 100% of the market? The goal of selling is to
encourage competitive bidding because it will drive up the price of your
property. As your market size increases, so will the probability of this
competitive bidding occurring. When you list your property as For Sale By
Owner, you will never know if you would have gotten a higher bid had your home
been listed in the MLS and exposed to the other 85% of the market. With a Flat
you will get that other 85% of the market. Theoretically, with a
Flat Fee REALTOR®, that other 85% of the market can be attracted at an average
commission of 2½%±¹. The odds are that the interest of the other 85% of home
buyers will increase the bidding on your home by more than the 2½% cost of your
home. So, on average, the difference will be greater than the For Sale By Owner
Price when using a Flat Fee REALTOR®. Even better, with a Flat Fee MLS Listing,
the commission is variable. What this means is that a buyer's broker is only
paid if one assists in the sale. So if there is no buyer's broker's assistance
the cost is only our Low Flat Fee which is almost the same as a For Sale By
Owner sale. As you can see, the benefits of 100% of the market make a Flat Fee REALTOR®
your best option.
* 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.