Flat Fee MLS Listing services are a relatively new marketing method for home sellers. Using this Flat Fee service as an alternative to a traditional Full Service realtor, the home owner simultaneously pursues both methods of marketing through the realtors MLS and FSBO (for sale by owner). Using BOTH methods of marketing their home is known as Flat Fee MLS or For Sale By Owner MLS. The listing broker will only receive a flat fee for the listing function and no selling commission. However if a buyers agent brings a buyer, then a buying commission is due to that agent. The home owner can pre-determine the commission amount. This type of listing agreement can provide that the owner will have the continuing right to market the property themselves and avoid further commissions altogether if the owner finds a buyer from their own marketing efforts.

Home sellers find that these For Sale By Owner MLS services are well worth it in savings, and they allow for more control than a discount realtor would. For Sale by Owner MLS listings are more than just a way to get a cheap MLS listing.

For Sale By Owner MLS can save you money

When you sell your home through a traditional full-service realtor, they place your property on the MLS. When a buyer is found (usually by another agent), they will show your property to the potential buyer. Once the sale is set, your realtor collects usually 3% of your home sale price, as well as 3% going to the agent that found your buyer. Now imagine cutting out the middleman. If you list your home on the MLS via a For Sale By Owner MLS service, you pay only that flat fee to get listed on the MLS, and the commission to an agent that finds a buyer (If an agent finds a buyer). and because you can still market the house on your own, if you find yoru own buyer or one finds you (without an agent), then you would not have paid any commissions at all.

For more information on a Flat Fee MLS company, See Click 4 Flat Fee MLS.com