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.
Yes, the MLS allows your peronal for sale signs on your property. Federal law insures that rule.
You may list many different types of real estate:
The short answer is no. However, attempting to sell or rent your property as a FSBO is not as easily done these days. Statistics show that 92% of all properties sold or rented are MLS listed and linked to Realtor.com, Zillow.com, Trulia.com, and Homes.com, plus the MLS local sites. As always, brokers and agents have the ability to filter buyers and help them gain financing for properties. These abilities save you time and frustration comparing to an unknown and often unqualified FSBO buyer.
A traditional full-service MLS listing typically has restrictions keeping the owner from listing as a FSBO using signage or advertising the property in any way while MLS listed with that brokerage. The traditional commission for an MLS listing is 6% which is shared by the listing agent and the buyer’s agent.
With an MLS listing with FlatFee.com, there is no listing commission to be paid. The flat rate of $95, $125 or $175 is our listing fee. You may sell your property as a FSBO in any form while MLS listed as long as your price is not below the MLS listing price. You must still offer and then make payment to the buyer’s agent when they procure a qualified buyer and you close on your property with that agent and buyer. The MLS does require a buyer’s commission offer. They do not state the amount you must offer but certainly traditional commission amounts will have better agent activity.
With FlatFee.com, your property will be MLS listed for 6 months, 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).
FlatFee.com has several listing programs. We start with the basic 6 photos. Additionally, we have 12 photos and 24 photo programs. Then we have the Max photo programs if you wish to full show your property to MLS buyers and public site viewers.
On our FlatFee.com public website, you can make as many changes as you would like, including photo changes. You will log in with your own personal code for security purposes, so only you may amend your listing.
You may make as many requested changes as you need. Remember, all requested changes must be MLS compliant. Request changes from your file at FlatFee.com using the Request Change tab.
Agents will contact you with a commission / concession agreement before shoing your property. Some agents will ask you to sign a showing agreement as well.
Your name and contacts will be posted in the agent remark area for agents to review. They will contact you with questions, for showing instructions and ultimately present you with an offer.
Your name and contacts are not allowed , per MLS rules, on any pubic site. The listing brokerage is required to show the name and contact information on all public site listings. Your FlatFee.com listing may have your name and contacts and any information you would like a viewer to review. Our site is not governed by the MLS.
After you complete the listing form we will check the details, tax site, and MLS to make sure that the listing is ready to be posted to the MLS and public sites. If needed, any required MLS information or tax information or ownership information will be requested from us before we are able to MLS list your property. Typically, when the listing form is completed and deemed in order your property will be MLS listed in 24 hours ( not including Sunday ).
Aside from Realtor.com, which is the MLS listing to the public, your for-sale property listing will link to:
Realtor.com, Zillow.com, Trulia.com, Homes.com, the MLS public site plus many others that the MLS links.
Rental properties are also linked to Apartments.com, Zumper.com, Homesnap.com, Hotpads.com
"My property was listed with a traditional Realtor for 61 days and I didn’t have a single showing...I would never consider using a traditional real estate Broker in the traditional way again. I knew way more about my property. After listing with FlatFee.com I sold my house in 65 days and saved 3%. Also, I knew which pictures and descriptions would help sell the home and the original Realtor did not want to use my ideas as he knew it all. I sold my home in 65 days and saved 3%. Thank you FlatFee.com!"
– Jim S.