Flat Fee MLS
 

   Flat Fee MLS Tampa flat fee MLS Tampa

 Tampa home sellers tend to clutch at their heart when they realize that selling their home with the aid of a real estate agent or broker can cost them a bundle of money!  

When home prices were around $100,000 in Tampa, Florida the comission didn't seem that steep at 6%.


 
But when your house is worth 300.000 it means you have to pay comissions to the tune of $18,000 Now that is a lot of money... How many months do you have to work to make that kind of money? How long time did it take for your home to appreciate that much?


 
Can you sell your home without using a real estate agent?
Sure. You could go it all on your own.

Marketing and Advertising Your Home Can Cost A Mint

But, and it is a important but, marketing and advertising your home to get the exposure you need could get very costly. Real Estate ads in the news papers are by no means inexpensive, and let's face it, you may need to advertise for many months.

The best is to be able to list your home on the MLS (Multiple Listing Service) without needing to contract with a realtor as a sellers agent.

And you can do that by using a flat fee MLS broker, or agent. What that measn is that you will pay a flat fee for an agent to list your home on the MLS where all other licensed agents will see your listing, and your listing will be made public on several high traffic sites such as realtor.com You will represent yourself in the transaction, saving yourself the 3% that would have been due your sellers agent at the sale of your property.

Unfortunately, you can not yourself place your listing on the MLS. Only a licensed agent can do so.

Typically a real estate transaction will have two agents. The sellers agent, and the buyers agent. The customary comission is 6% which is split between the two agents. By you representing yourself, only paying for a licensed agent to place your listing on the MLS, you can save 3% of the sales price.


Will you need to pay ANY comission when using a flat fee mls?
If your buyer found you on a website that carried your listing, and the buyer does not have an agent, there will be no real estate broker comissions to be paid. If your buyer vrings an agent, the agent would get 3% (typically) of the price of the property.

Advantages of doing a Flat Fee MLS Tampa listing

Doing a flat fee MLS Tampa listing may be the best and least expensive way to get the exposure you need to get your property sold. Being able to save on the comissions can also make it possibly to make the price more attractive to attract a buyer in a more timely manner.

Another great advantage with a flat fee MLS Tampa listing is that you can offer the buyers agent a bit more in comission. If the customary comission is 3% and you are offering 4%, which house will the agents show forst in their stack of hundreds of homes?

A flat fee listing can make you a very flexible and savvy seller by being able to offer very attractive incentives to the agents, or a better price, or maybe you just want to save some of your own hard earned money.