MLS Savings Calculator
Congratulations on your decision to begin the process of listing your home on the Multiple Listing Service. You will find that this decision will greatly increase to exposure of your home to potential buyers. More importantly, you will be saving significant commission dollars. To begin the process, order the Flat Fee MLS Listing Program and you will then be contact by our staff.
Can you sell your home without the assistance of a listing real estate agent?
Here is some information you need to know:Using the MLS service without a full service selling agent means that you are in charge of selling your home. One of the more important responsibilities is being available to show your home to potential buyers.
Selling your home in a timely manner has a lot to do with pricing your home correctly for the market conditions. Setting your price must be done without emotion. You need to look at comparable home sales in the past as well as the asking prices for homes that are similar to yours. You can research county records and home transferrs to gain a better understanding of your market, but it is important that you are able to set the correct asking price for your home.
Marketing your home is all about getting as many people to know that your home is for sale as possible. Using an InfoTube™ and creating an online ad is the best first step. It is suggested to advertise your home in the classified section of your local newspaper, as well as sending your brochures to family, friends, and co-workers.
Sell the sizzle, not the steak! In your advertisements, be sure to list the facts and features about yuour home, but use descriptive adjectives to help paint a picture of your home in the potential buyers mind. Look at other home advertisements and get a feel for the writing that each uses, you may be able to apply some of those techniques in your descriptions.
MLS stands for Multiple Listing Service. The MLS is a database of homes for sale in a specific area and is run by the local Board of Realtors®. It's the traditional method agents use to find homes for their buyers or to advertise their listings to other agents.
What is the benefit of putting my home on the Multiple Listing Service (MLS)? There is one very significant benefit to having your home listed on the MLS … EXPOSURE to the local pool of real estate agents! The fact that you have your home for sale in the MLS will now be known by the hundreds, if not thousands, of real estate brokers and Buyer's Agents in your market who are helping buyers find homes.
What is the difference between a Sellers Agent and a Buyers Agent?
A Seller's Agent lists the property, represents the seller and is legally obligated to put the seller's interests above all others. A Buyer's Agent represents the purchaser in the transaction and puts the buyer's interests above all others.
What does it mean to "co-op"?
Co-op (cooperative payment) means that you would be willing to pay a Buyer's Agent a fee for bringing a buyer to you. Typically, a Buyer's Agent is paid 2.5% - 3.0% of the sales price. It is necessary to list the commission amount you are willing to pay on the MLS when you list your home with the real estate agent.
If I do not want to "co-op" with a Real Estate Agent, is the MLS still a good idea for me?
No. A Buyer's Agent expects compensation. Without offering it, an agent will have no reason to bring a buyer to your home.