Flat Fee MLS listings are a type of service offered by some real estate companies and agents that allows property owners to list their property on the Multiple Listing Service (MLS) for a flat fee, rather than paying a commission to the listing agent. This can be an attractive option for property owners who want to save money on real estate commissions and have more control over the sale of their property.
When a property is listed on the MLS, it is made available to all other real estate agents and brokers who are members of the service. This can increase the visibility of the property to potential buyers and help to generate more interest and offers.
Flat fee MLS listings typically include the following services:
- Listing the property on the MLS
- Creating and distributing a property flyer
- Providing a yard sign
- Entering the property information into the MLS system
It is important to note that Flat fee MLS listings do not include representation or negotiation of the sale, and this usually means the seller will be responsible for these tasks.
Flat fee MLS listings can be a good option for property owners who are comfortable handling the sale of their property on their own, or who have already found a buyer and just want to list their property on the MLS for a wider exposure. It is also important to note that not all MLS systems allow for flat fee listings, it’s best to check with the MLS system in your area to confirm this.