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What is a Flat Fee MLS Listing Service?

  • Sep 02, 2022
  • Real Estate
sell your home

 

If you are looking to sell your home, you are surely aware that it’s not as simple as putting a sign in your yard. There are numerous processes involved -- from buying a new home, changing your address, canceling your cable, and preparing your current home for sale. Due to time crunch and hectic lifestyles, these tasks are traditionally handled by real estate agents, who charge a certain percentage of the commission fee in exchange for their services. While these hefty fees have never been popular among those trying to sell, they were the only viable alternative until recently. Fortunately, listing for a flat fee has grown in popularity in the past ten years. 

If you decide to sell your home on your own, then you must opt for flat cost MLS listing service, as this will help you out by placing your home on the local Multiple Listing Service (MLS). Across the country, there are hundreds of local MLS databases that manage property listings for their specific area. So, if your house isn’t listed on your local MLS, purchasers and real estate brokers will never know it’s for sale. So, to acquire your listing on the MLS, you have to get in touch with your real estate agent. Only, they have access and can publish properties on your local MLS. This implies that you won’t have access if you decide to sell your house without the help of a real estate agent. A full-service agent normally takes a 5 to 6 percent commission rate; however, a flat-fee MLS service provides a more affordable option. 

What is a Flat fee Listing?

Instead of paying your real estate agent a portion of the sale price, you agree on a flat charge upfront. In exchange, the agent consents to advertise your house on the Multiple Listing Services (MLS) portal. Some agents may offer additional beneficial services like open houses, professional photography, supervised showings, and more in addition to a flat-fee MLS listing. In brief, with a flat fee MLS listing, you pay the same amount to your real estate agent regardless of how much your home sells for. 

Steps For MLS Flat Fee Home Listing

There are a few steps you must consider before listing your house using a flat fee MLS service. First, you need to identify the top local flat fee MLS broker in your locality. Then you will need to pay a certain price to purchase that MLS listing. After that, you will have to submit property details, upload pictures, and consent to the listing agreement. Following that, your home will be listed on the MLS.

Should I go with a conventional real estate agent or a flat-cost listing service?

Your willingness to invest time, effort and money will play a significant role in determining whether you should use a flat fee listing service or a conventional real estate agent. For the most part, prospective savings are what entice people to choose a flat charge listing service. You must, however, determine whether the time and effort you would expend selling independently are worthwhile. A flat-fee listing will help you eliminate some of the stress that frequently accompanies this process, even though no real estate agent can ever promise the sale of a home, much less a price. 

Find the best MLS listing provider

While conducting your research on which flat fee MLS listing service to choose from, you must ensure that your MLS listing provider must have access to most of the listing sites in your state. For the greatest visibility, you want your listing to appear in as many local MLS databases as you can. Make sure the business you choose to partner with offers comprehensive coverage for all MLSs in your state. The customer assistance offered by an MLS listing service is another element to consider. You would want to know that you will have assistance available if you run into any problems throughout any stage of the house selling process. If contacting the business is difficult, you might want to think twice. Furthermore, if you decide not to use their services any longer, a good MLS listing provider has terms for immediate cancellation.

Conclusion

Now that you are aware of what a flat fee MLS listing is, how it operates, and how much money it can help you save, locate a reliable flat fee real estate agent right away. With Jay Thomas Real Estate Team, you get the assistance and support you require while still saving thousands in commission. If you are looking to sell your home and looking for a potential buyer, search real estate agent in Houston, Texas, and you will find us at the top of your list. Hence, get your home listed on the best Real Estate Multiple Listing Service (MLS) websites with Jay Thomas Real Estate Team. We offer a full-listing agent service for a 2% listing fee of the property’s sale price, as opposed to the typical agent who charges 3% for a listing. real estate Houston Texas. 

  1. We don’t charge any upfront fees or hidden costs to list your properties, so you make more money
  2. There will be more buyers because your home will be listed on all leading real estate listing websites
  3. We will arrange, check the title company and escrow, analyze, and manage all documentation
  4. Your property will be professionally photographed so that it can be posted on numerous websites
  5. We employ the most innovative and effective marketing tactics to boost the visibility of your home for sale

If you are looking to sell your home with a flat fee service in the Houston, Texas area, contact us today.

Hello! I'm Jay Thomas, A REALTOR in Houston, Texas. Chances are you and I share a similar passion, Real Estate! I also have a passion for building businesses, working out, inspiring others, technology, sports, and people. Connect with me on Facebook and Instagram!

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