Did you know that you can literally save money through flat rate listing instead of paying 6% to a real estate agent? If you’re looking to sell your home quickly without paying thousands of dollars to a real estate agent, this is definitely an option you’ll want to consider. In addition to enjoying the benefits of selling as For Sale by Owner or FSBO, you can list your home on the MLS or Multiple Listing Service, which is a shared database used by all local realtors.
Today, Flat Fee Listing is considered the fastest, cheapest and most efficient way to sell your property. Not many people are aware that they can save more money through this option. The most important takeaway from selling your home as a For Sale by Owner is that you can avoid paying huge real estate agent commissions of around 6% to 7% of the selling price of your property. With this option, you only need to pay a one-time fee which is typically $299 to $400 to have your home listed on the MLS so all real estate agents in your area and others who may have potential buyers know your property is available. . dirty.
Nearly 90% of all properties sold in the country are listed on the MLS. That is why the Multiple Listing Service is widely regarded as the real estate market, as Real Estate Agents use this database in the process of selling and buying a home. Once you have your home listed in this database, it will be easier for brokers with potential buyers to know that your property is for sale.
So why do you need the flat rate listing to get your home listed on the MLS? The reason behind this is that only a licensed real estate broker who has access to the database can register your property. This is different from posting an ad in the classifieds section of a newspaper. Most companies that offer services to get your property listed in the database are responsible for keeping your property information up to date, so if your property is already sold or under contract, its status should be updated on the MLS and should not show Active.
So imagine how much money you can save once you sell your house. When a broker contacts you about the property, he may pay a 2% to 3% commission for the buyer’s agent, but keep the other 3% for you. This is literally thousands of dollars you can save without having your own real estate agent. And if you decide to cancel your listing early, you’re in no danger of paying any broker’s commission. So start saving money and experience the convenience of selling your property fast through Flat Fee Listing!
