FSBO
Flat Fee
MLS
List your property or rental on the MLS within
minutes.
When selling your home or finding a tenant
for your rental unit, listing on MLS using an MLS flat
fee service can be very cost effective.
Listings can run from the low hundreds to
four or five hundred dollars.
Most realtors offering these services will
give you a bit of advice on how to make the best out of your
mls listing. Visit some of the real estate sites, such as
realtor.com and browse available listings in your area.
Notice the photos, and the quality of the
photos, the words used to describe the property and the amount
of detail of all positive aspects of the property.
When finding a mls flat fee broker or real
estate agent price is not all that matters.
Firstly, read the fine print very carefully,
as there may be additional fees at closing. Those can be an
ugly suprise. Read the agreememnt thuroughly.
Second, are you allowed to make changes to
your listing? How many before you incur a fee when changing
something such as the price? How long before changes take
effect, and what is the price once you have gone beyond the
allowable number of changes?
When doing a flat fee listing you can
publish you own phone number and contact information for
realtors to see and be able to contact you directly. Do make
sure you add your information in all the pertinent places.
However, the public viewing your listing on
realtor.com will not have access to your contact info and will
have to get that from the agent you used to list on the
MLS.
A very important consideration is how long
will it take the agent to respond to queries? Is the
listing agent available during weekends to respond to calls and
forward them to you? It is amazing how many real estate agents
do not work on weekends when you have your best chance of
finding your buyer or tenant.
How are the calls forwarded to you? By phone
or by email? If by email you can miss out on prospective
buyers/tenants due to the lag time of the agent getting to
their computer, and then you getting to yours.
These are some questions to ask before
deciding on who to do your FSBO, Flat fee MLS listing
with.

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