“So How Does a Flat Fee MLS Listing Work Exactly?” We’ll give you a few scenarios that should help you understand how much you can save and what is expected of you, as the seller, if anything. Or visit our FAQ page for answers to our most commonly asked questions.

Scenario 1:

You are Selling a $200,000.00 home, and decide that you need to be in the local MLS where local qualified buyers are already searching. To save money, you purchase a Flat Fee MLS Listing. Normally you would have to pay about 6% of the sales price of your home to a Realtor at closing in order to get into the MLS, but instead you hire a Realtor with Small Fee Realty. You purchase a 6 month MLS listing for $375, and because you had been trying to sell your home on some National Websites, you already have photos and a pretty good description. You are open to paying a fee to a buyer’s agent if you have to, and are willing to offer $2,000.00 to any agent who brings you a buyer. We enter your listing into the MLS within 24 hrs of receiving your order, and we note that you are willing to pay a $2000.00 Selling fee to a buyer’s agent. We will put a standard sign in your yard and an electronic lockbox on the door so that agents can get into your home to show their clients. You are hoping to secure your own buyer in order to keep from having to pay that $2,000.00 buyer’s agent fee, so you ask your Small Fee Realty Realtor to forward all buyer leads to you.

A few days later, a couple calls our office about your home and wants to see it. We transfer the call directly to you so that you can have the opportunity to sell your own home and save the buyer’s agent’s fee.  They decide they want to make an offer, and because you are entitled to full representation by your Small Fee Realty Realtor, we provide you with the documents needed, help you negotiate a sales price, review the contracts to ensure that your interests are protected and that everything is legal. We then assist with the entire process through to closing when you collect your check. At closing we collect a 0.75% fee for Seller Representation and all documents and services provided. Your total out of pocket expense was  $1,875.00. This is where you jump up and down because you just saved $10,125.00!

Scenario 2:

In this scenario, you are fed up with For Sale By Owner, or your previous Realtor, and are ready for someone else to take over. You sign up for “The Works” Package so that you can receive all of the Premium Services offered by Realtors. You pay a Flat Fee of $900.00, and then sit back and relax. Your job is done… We build a custom sign with pictures and a description of your home, put on your electronic lock box, provide you with flyers for neighbors or friends, put together an ad for the local real estate magazine, provide staging and design advice, and present a full Comparative Market Analysis so that we can determine the best sales price for your home. You have decided to offer a 2.5% commission to the buyer’s agent, so we get all of your information entered into the local MLS as well as the next closest MLS to ensure that you receive maximum exposure.

A Realtor from another local Brokerage shows your home to their buyers. They decide to write an offer. We help you negotiate with the other party to get the best price. Again, we handle everything required to get you to closing and help you manage any issues that may arise during the process. At closing you  pay the 0.75% Seller’s Representation Fee as well as the 2.5% Buyer’s Agent’s Fee for a total of $6,500.00. You ended up paying a total of $7,400.00 to sell your home in the exact same manner you would have with a traditional 6% agent. The only difference is that you saved $4,600.00! And… this is the part where you jump up and down!

Not quite ready to promote your home in the local MLS… Add your For Sale By Owner property to our page for FREE. Because FSBO properties are not listed in the local MLS, they are not available to be viewed on local brokerage websites by local buyers, but Now you can list your FSBO here so that local qualified buyers can view it; However, we hope that should you decide to list your home in the Local MLS for maximum exposure, you would choose Small Fee Realty’s Flat Fee Listing Service and save thousands in commissions! Just fill out the form below and email your top 5 photos to SmallFeeRealty@gmail.com, and we will get your property posted at no cost to you.