Home-seller edge thanks to new type MLS listing
March 12, 2009 by David
Filed under MLS Listings
What with the real estate market being so terribly depressed and nationwide values declining home-sellers need every possible advantage they can get. Perhaps the best possible edge for home-sellers in today’s very tough real estate market what with all the low-priced foreclosures and recession is to enjoy a degree of price flexibility. Thus, if need be, the seller can drop their asking price even below the ideal price they had in mind and under the competing neighbors home price too.
That’s tough to do when needing to pay a Realtor® 6% or 7% commission to list and sell the home. However, the seller can now pay about one-half of the usual costly commissions by getting in the MLS basically free (no commission to get listed) and then only paying the buyers agent upon successful sale.
Here is an example of the substantial savings. Let us assume a property sells for say $500,000 and the home seller seller offers a 3% commission to the Buyer’s Agent. Based on a $500,000 sale price the commission would be $15,000 due the broker who actually brings he buyer, and a small flat rate listing fee of $297 to pay the referral firm to send the listing to their business associate real estate broker who lists the property in the-MLS. The typical fee just to get listed on the MLS is a additional 3%, or $15,000 in our example.
Using this example, the total savings in real-estate commissions is $14,703. Now, for the comparison in savings if you listed your home with a traditional broker for say 6%. The commission on a $500,000 sale with a 6% commission rate would be a high $30,000 which is 3% more commission and $15,000 in money vs a flat-rate mls listing. How incredible is that anyway!
This is the latest and best way to list and sell your home at substantial savings. America’s #1 flat fee mls listing firm with experience doing unique flat-fee mls listings dating back to 2002 is FlatFee.org. With Nationwide Coverage areas, Low Price fee and good customer service with client satisfaction, where very low overhead keeps the MLS-Listing cost so extremely low, Which low-cost gives you good price flexibility if needed, but without surrendering so much of your equity to the real estate brokers.



