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.
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