Frequently Asked Flat Fee MLS Listing Questions
There are just some questions we get asked all the time. Check the list below to see if we’ve already answered yours. If not, feel free to contact us and we just might add your question and answer to the list.
Can I Place a For Sale by Owner sign on my Property?
Yes, but we recommend that you use our sign. It is an “AGENTS WELCOME” sign that informs real estate agents that you are currently listed on the MLS and are willing to offer a commission to buyer’s agents. Those agents who see the sign are likely to search for your listing on the MLS to get more information.
The majority of states allow owners of real estate for sale to advertise the property while it’s listed on the MLS.
Which Types of Properties Can Be Listed on the MLS?
You may list many different types of real estate:
Do I Actually Need the MLS and Realtors in Order to Sell A House?
The short answer is no. However, even if you list FSBO, you should at least consider having your home as an MLS Listing. Statistics have shown that over 94% of homes for sale and sold last year used both the MLS and Realtor.com for advertising. It’s likely to be a huge help in selling your home.
What Is the Difference between a Full Service Listing and a Flat Fee Listing?
A traditional full service MLS listing typically comes with an agreement barring you from selling your home as FSBO for a period of 6-12 months. You also usually owe a 6% commission that is shared between the listing agent and the selling agent.
On a flat fee MLS listing, there’s no listing commission, and you can list your home FSBO. The flat fee you pay is primarily a marketing fee that gets your property listed on the MLS, Realtor.com, and a number of public websites. That flat fee is your only cost.
How Long Is My Property Going to be Listed on the MLS?
With us, your property will be listed for 12 month, but you’re free to cancel the listing at any time (unless you are in contract through the MLS and a Realtor who is due a commission).
How Many Photos Can I Submit?
The MLS’s change often. Many MLS’s allow only 8 to 12 photos, while others allow up to 25. Our referral broker will advised you of the photo count for your MLS listing.
How Do I Make Changes To My Listing, and How Many Changes Can I Make?
On our FlatFee.com public website, you can make as many changes as you’d like, including photo changes. You will log in with your own personal code for security purposes, so only you may amend your listing.
You can make as many changes to your MLS listing as you need. Simply request changes through your account on our website, where the changes made will be forwarded to your broker and recorded in your secure file.
How Will Realtors Contact Me? Will My Contact Information be Displayed on Realtor.Com?
Yes, your contact information will be displayed on the MLS listing in the Broker Remarks area. Realtors will call you directly.
However, your contact information will not be displayed on Realtor.com. This rule is strictly enforced by the National Association of Realtors. Fortunately, our FlatFee.com public website lets you post your phone numbers and email address.
How Long Does It Take before My MLS Listing Is Active on the MLS And Realtor.Com?
After you complete the contact listing form on our FlatFee.com website, we will promptly refer your requested listing to the appropriate MLS Broker. That broker will forward you the proper listing form to be completed. Typically, you can expect it to be posted on the MLS within 24-48 hours.
Which Public Websites Will Advertise My Listing?
Aside from Realtor.com, you’ll get listed on:
What Are the Payment Options?
You can pay for your Flat Rate MLS listing and various FSBO tools such as signs and lockboxes from the FlatFee.com website by credit card or by postage mailing a check payable to:
5830 Sheridan Street
Hollywood, Florida 33021