What To Know About Flat Fee MLS Listings

6 May 2020
 Categories: Real Estate, Blog

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When you think of listing your house for sale, you may think that you only have two options: you can either sell it with a real estate agent or you can sell it by owner. However, there is now another option available called flat-fee MLS listings. These types of listings can essentially give you the best of both worlds, and here is why. 

What Is a Flat-Fee MLS Listing? 

The MLS or multiple listing service is a service that's available to real estate agents and the community, but you can only typically list your home on it if you are working with a real estate agent. Essentially, the MLS is a big webpage that shows all of the current listings that are for sale, and it helps real estate agents and buyers narrow down their searches. When you work with a flat-fee MLS listing service, you are essentially just paying to have your house posted on the MLS, which will give you access to more potential buyers and will hopefully help your house sell faster. 

One of the biggest differences between working with a real estate agent and working with a flat-fee MLS listing is the fact that you will be on your own with a flat-fee listing. When you work with a traditional real estate agent, you are paying them a percentage of the sale of your home, but they will do all of the paperwork for you, do all of the showings, do the negotiations, and host any open houses. When you are working with a flat-fee listing agency, you are going to be responsible for all of these things. 

What Is the Benefit of a Flat-Fee MLS Listing?

The biggest benefit of a flat-fee MLS listing is the fact that you won't have to pay any real estate agent fees, which can add up substantially (often costing tens of thousands of dollars). If you have the time, the capability, and the desire to save that money, then using a flat-fee MLS listing service may be the way for you to go. 

When it comes to selling your house, every dollar that you can get out of it counts because you can use it towards your down payment on your next house. If you want to learn a little bit more about flat-fee MLS listing services, reach out to an agency near you today and see what they have to offer you. 

To learn more, contact a resource like Crawford Realty, Inc.