The MLS is the main tool that real estate agents use to find properties for their home-buying clients. It is a directory of properties listed for sale by realtors, including single-family homes, townhouses, condos, land, acreage, commercial properties, and investment properties. The MLS stands for the multiple listing service. These companies are licensed brokers that can put your property on the MLS for around a few hundred dollars. That's where flat fee MLS listing services come in. Only real estate agents and brokers can list on these databases. Unfortunately, FSBO sellers can't just submit their own listings to the MLS. So getting your house on the local MLS is one of the most powerful MLS listings also get posted to major real estate sites like Zillow and. » SAVE: Find top local agents and get a 1.5% listing fee!Ī flat fee MLS listing service is a company that charges a set rate to list your home on your regional multiple listing service (MLS) database. That's a fraction of the 3% rate agents typically charge - saving you thousands of dollars without the headache of trying to sell without a realtor. If you want to save money on your listing without getting overwhelmed by all the DIY, a better alternative is to use a traditional real estate agent who charges discounted rates.Ĭlever negotiates flat 1.5% listing fees with full-service agents from top brands like Keller Williams and Century 21. Unlike full-service agents, flat fee MLS companies don't handle all of these details. You'll also be responsible for showings, open houses, photography, listing descriptions, marketing, pricing and contract negotiations - not to mention wading through all the legal paperwork. A flat fee MLS listing service offers a cheaper alternative to hiring a full-service listing agent, who typically charges a 2.5–3% commission rate.īut selling a property involves a lot more than just listing it on the local MLS.
Typically, only real estate agents can post on the MLS. A flat fee MLS listing will greatly increase your listing’s exposure, making it much easier for potential buyers to find it.
Flat fee MLS listing companies charge a set rate to list your home on the local multiple listing service (MLS), a database of homes for sale in your region.
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