Why Real Estate Professionals Are Offering A Flat Fee MLS Listing

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I've been a real estate professional for over 15 years. During this time, my sellers realized unusual gains as the market continued to excel. As a listing agent, we were always guessing how much the market might appreciate during the listing period. But, not anymore, my job today has become a less enviable job in attempting to predict where the market will bottom out during the listing period.

Unfortunately, many of my sellers have to come to the closing table with money in hand. I realized that something had to be done to alleviate this crisis. In an attempt, to help my sellers I initiated the MLS flat fee for the greater Springfield, MO market.

A typical REALTOR, usually your property for 6% total commission, 3% for the buyers REALTOR and 3% for the sellers. When you list your house with a flat fee real estate agent the sellers commission is set; However, you still have to pay the buyers side commission. If you sell your home without a buyer & # 39; s agent involved, there is zero commission.

Research reveals that over 80% of all homes are SOLD on the MLS. For Sale by Owners account for approximately 14% of homes sold. The MLS IS the real estate market. It is where the real estate agents find their buyers. The MLS is also where listings are made visible to public websites like REALTOR.com, Zillow, etc. Properties with an MLS listing (flat fee or traditional) sell faster and for more money than non-MLS listed "for sale by owner" properties ,

The most important benefit of flat fee MLS listing is you get the same listing in the local MLS for a one-time low Flat Fee instead of possibly paying up to 6%. What does this mean for you? MLS websites and more money in your pocket.

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Source by Les Williams

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