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4 Main Benefits Of Flat Fee MLS

Written by Posted On Wednesday, 29 May 2019 03:30

Are you looking to list your home for sale in multiple locations without paying unnecessary fees? Here are the 4 main benefits of flat fee MLS.

Let's face it: selling your home is one of the most stressful experiences that life has to offer. 

You'll soon find out if the biggest investment of your life was actually worth it, you're probably on a bit of a time crunch, and you're also trying to find a new home in the process — let alone dealing with movers and packing. 

And then there's the expense of working with a traditional real estate agent. It seems like there's a charge for everything these days — and commissions are sky-high!

What if there was a better way? 

With flat fee MLS agents, there is. 

But what does flat rate MLS mean, and what are the advantages of using a listing service over a full-service agent? 

Read on to find out. 

What Is Flat Fee MLS?

First, let's make sure you're clear on what exactly flat fee MLS actually is. 

MLS stands for "Multiple Listing Service," and it works to eliminate the idea of a "commission-based" sale that most real estate companies work with. 

Instead of getting a commission of the profits after your home sells, MLS fee experts charge you a set fee when you start working with them. This way, even if they don't end up actually selling your home, they still get paid. 

Flat fee MLS agents, unlike traditional real estate professionals, don't actually require you to use all of the services that real estate agents offer.

Think about it.

When you work with an agent, you'll likely need to pay for home staging and photography, yard signs, advertising space in print and digital spaces, scheduled showings, negotiations, and much more. 

But if you don't need all of those services, and if you just want to be able to list your home on the MLS, you should go with a flat rate MLS professional. This way, you'll be able to put your home in front of the eyes of multiple real estate professionals, speeding up the selling timeline without paying for services you don't need. 

So, why should you go with the entry only listing advantages of flat rate MLS services? 

Read on to find out. 

1. Better Exposure and Faster Selling Times

Perhaps the biggest benefit of listing your home on an MLS is that it allows your property to get much better exposure.

And while, as we mentioned above, this means a higher number of people will see your property, it's the type of people that belong to an MLS that makes listing your property on one such a smart move. 

Those who use MLS listings are qualified buyers, or they are real estate agents themselves who have clients who are ready to find the right home as soon as they can. 

This means that your property will be seen by the people who are the most likely to buy it. Sure, on public property listings, you might get a lot of people clicking through your listing page. 

But how many of them are actually interested in your home? 

When you use an MLS, you'll know that every agent or buyer who looks at your listing is likely seriously considering whether or not it's right for their needs. 

2. Increased Privacy

Another thing that makes paying the small MLS fee worth it? 

It's an excellent way to protect your privacy throughout the buying or selling process. 

When you put your house up on a public listing, everyone will be able to see photos of your home's interior, the asking price, and other personal details about your home. 

Plus, if you're moving out for difficult reasons — like after a divorce, a job loss, or financial issues — you might not want everyone to know. 

You have to be a member of an MLS listing to see the properties available for sale. This can make you feel much better about maintaining discretion throughout the process. 

3. You'll Enjoy Huge Cost Savings

Though a real estate agent's fees and commissions are often at least somewhat negotiable, the standard is usually around 6% of the selling price and above. 

That can get expensive quickly — especially if you're selling your home because you're going through a financial rough patch. Then there's the added expense of all the other services, like renovations, staging, and additional aspects we mentioned earlier in this post.

Plus, MLS agents charge a flat fee, and not a percentage — which means you'll always know exactly what you need to pay. 

4. You'll Connect With Local Agents 

While it's certainly possible that someone from out-of-state will buy your home, your best bet is usually with local buyers. 

MLS flat fee agents work within the local market. This means that not only do they know exactly what the buyers in your area are looking for, they can also work to get your home sold quickly — without having to wait around for a faraway buyer to schedule a viewing trip. 

Is Flat Fee MLS Right for You?

We hope that, at least when it comes to actually getting your house on the market, this post has helped you to understand that there are ways to avoid the high costs and commissions of traditional real estate agents. 

Flat fee MLS can make the process faster, much more affordable, and take a lot of the stress off of you as the seller. 

Need more tips on what today's homebuyers are looking for? Considering a few renovation projects, and want to know which ones will increase your home's value? 

We're here to make sure all of your real estate questions are answered, so bookmark our blog to avoid missing out. 

Listing Additional Info

  • State: Texas
  • Address: 1130 Laurel Lane
  • City: Langtry
  • Zipcode: 78871
  • SOLD: no
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Janice rangel

Janice Rangel is author publication for property representative, insurance advisor, and agents real estate industry for around ten decades today. I expect folks will love to see about my views and adventures from the business and also please contact me personally should you would like to explore my content articles farther.

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