Funny question? Not really. In the real estate sector, there is always the heavyweight battle of the century. If you think the NAR hate discount brokers (and want) – Flat Fee MLS Brokers are downright blasphemous. If an owner, the decision to sell of their property “private” and hire a real estate agent, the Flat Fee MLS services they essentially taking on (or eliminate more precisely) the role of “offers Listing Agent made” (AKA Sales Agent). More importantly, they expose their owners, the value of Multiple Listing Service (MLS) and the considerable marketing power associated with it. Consider the fact that the owner is now listed in the same basis as the 2-million-professional use NAR Sales team find properties to buy for their customers.

Surely you agree to pay a pre-negotiated “Buyer Agent” commission (usually within 2% – 3%) rescue, but eventually the “listing agent” fee, typically in the range of 3%. Based on the average “existing home resales” of 268,000 dollars, we say $ 8,000 – is an important part of your home equity is in the pocket of another. In addition, your landlord on Realtor.com, which has over 7 million per month “non-broker” visitor is recorded. If a buyer comes directly to you through Realtor.com (which is probably because your contact information in the “List Agent” zone) is paid, you no broker commissions – that fact alone is a Flat Fee MLS is worth weight in gold. is nothing in any advertisement (as in a) classified in your local newspaper probably cost between $ 75 – $ 399 for the exhibition, which offers flat fee MLS listing the preverbal “Contract of the Century”.

How does Flat Fee MLS work?

You agree to pay a real estate license is an “initial fee (usually $ 399 – $ 699). To a commission on the successful sale of your property based on the other hand Flat Fee MLS type lasts six months and may on six months for a small fee be extended ($ 50). In return for a real estate license is ready to help you put your home on the MLS valuable. Although the real estate license is the “listing agent” folder and name and version number in Realtors MLS, which in usually the end of the real service. Most flat fee MLS have brokers a telephone, incoming calls sent directly to the broker or owner to answer the date questions. The MLS is yours, no doubt about estate agents the most valuable marketing tool / and this is especially true for the collection contains as a potential buyer, you can sail through Realtor.com so you really do not have to be a “look” real estate broker properties set the challenge is to set out your property on this website and the database -.. you can not to do without the help of a real estate agent – but with a Flat Fee MLS – now you can.

What value is “Listing Agent?

I know I’m looking for a “Real Estate” and that President Basher of fees go to the sale of the company owner, I’m an easy target, and logical. In other words, a listing agent service is really worth 2.5% or 3% of the total value of your home? In my opinion, this is obvious – no chance! In addition to providing a professional sign listing your home on the MLS and Open House with the opportunity they do not really have much. Sure, you get strange that the agent spends a huge amount of money marketing themselves and their offerings – but they are not the exception the rule. According to the NAR’s own statistics, the average agent spends less than $ 500 per year on Internet marketing, while 77% of the potential buyer of the apartment they now see on the internet first. Another 18% see your ad real estate lawn signs and dial the number on the panel.

Property buyers are still bringing their “buyer”

A flat fee MLS, for all practical purposes the same as all other MLS listings. Until you offer a reasonable commission to buyers agent (2.5% – 3%) of private property the same status as conventional full rate (5% – 6%) real estate listing obtained. The fact is a flat fee MLS listing the same pay as any other MLS listing. Buyer agents do not care who says that the property of their buyers want. The days of agents grow their own properties in the hope that the “double ending” (registration and sale of the property) has ended with the advent and popularity of the Internet. I do not know what is the percentage of funds are capable of “dual purpose” a good day, although I for a fact that fewer and fewer public has to know “conflict of interest” laws and regulations.

Bottom line, all in all – with all that flat fee MLS list of jobs I really question the value of engaging a real estate agent listing. Although I do not claim, a mathematician for the last time I checked real sign a $ 25 lawn, a $ 399 Flat Fee MLS listing and a $ 150 print ads are not anywhere nearly $ 8,000! I said and I repeat (and I take a lot of heat from Realtors), the “Listing Agents” are nothing more than reducing professional price. They are very good for you, the owner, lower your price so your house sells and they collect their commission costs Remember each price reduction $ 10,000 $ 10,000 – “.. Listing Agent” It costs only $ 300 in lost commissions to real estate

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