Flat Fee MLS
What is it?
Flat Fee MLS is when the seller enters into a “limited service agreement” with a real estate agent who lists the property for sale in the local Multiple Listing Service (MLS) for a set dollar amount (the “Flat Fee”) that is paid up front at the time of listing. The purpose of flat fee MLS is to reduce the overall cost of selling real estate for the seller. In exchange for a lower fee to the broker, the seller takes on the responsibility of some of the tasks a broker would normally complete for the seller such as: marketing, negotiating and closing. Marketing includes listing the property in the local multiple listing service (“MLS”), placing advertisements in local media and on the Internet, and conducting open houses. Contract negotiation services might include providing advice on pricing, closing, inspections, or other contractual terms.
Why do I need it?
By agreeing to share the work with your agent, you can save thousands of dollars on the sale of your property. You can use the savings to offer a lower initial price to buyers thereby increasing your chances for a speedy sale. You can keep the savings and use it as a down payment on your next home. You can keep the savings in your pocket – you have earned it!
When we help you sell your home using the Flat Fee MLS program, you are able to list your home for a low one-time fee instead of paying a listing commission*. Then you can select services individually to custom fit your needs and level of comfort with the entire sale process. While some limited service listing companies may collect your fee and walk away, we handle your listing with great care and respect. We are here from the day we list your home until after the sale has closed. Our trained staff will answer your questions, provide guidance and advice, and help you get the job done right from start to finish.























