7 Flat Fee MLS Companies in Michigan to Sell Your FSBO Home
If you’re selling your house in Michigan, you’ll want to keep costs as low as possible, so you might be thinking about selling your home on your own and skipping out on agent commission.
Although less common, some sellers opt for the FSBO (for sale by owner) route, which can entail using a flat fee MLS Michigan listing service instead of a traditional real estate agent.
The FSBO option may not be for all sellers, but we’ll break down the details you’ll need to know before deciding whether it’s right for your situation.
Disclaimer: This post is meant to be used for educational purposes. Links and mentions of Michigan flat fee MLS companies in this post do not constitute an endorsement.
What is a flat fee MLS listing service?
Flat fee MLS companies are built to help FSBO sellers who want to list their homes on the local multiple listing service (MLS) without hiring a full-service real estate agent. The MLS is a database that real estate agents use to locate potential homes for buyers, and it also populates many of the biggest home search websites.
Even when the real estate market was red-hot, most sellers relied on the MLS to reach buyers. In fact, according to a Bright MLS study, 84% of home sales happened on an MLS throughout the last three years.
Although only licensed real estate agents can access and post listings on a local MLS, several companies in Michigan and other states provide MLS services for a flat fee. These flat fee MLS companies enable FSBO sellers in Michigan to bypass the traditional agent and get their home included in the MLS.