What Is A Flat Fee MLS Listing Service and Will it Hurt My Home Sale?
Learn all the pros and cons of using a flat fee MLS listing service as you choose the “For Sale By Owner” (FSBO) route.
You’re a weekend warrior who enjoys tackling home renovation projects to save money. So, why not apply the same approach to selling your home?
By using a flat fee multiple listing service (MLS) service, you could save thousands of dollars in real estate commissions, keeping more money in your pocket. But is selling your house yourself truly worth the time and effort?
If you’re considering going the For Sale By Owner (FSBO) route and enlisting the help of a flat fee MLS listing service instead of a real estate agent, this guide will help you navigate all the pros and cons.
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What is a flat fee MLS listing service?
A flat fee MLS is a limited service that helps sellers get their FSBO homes on the local MLS, a private directory of for-sale homes that real estate professionals use to share home details with each other.
Because the local MLS is one of the best ways to market your home to potential buyers and get maximum exposure, it’s vital to list your home on the local MLS.
Although typically only licensed real estate agents can access and post listings on a local MLS, some companies provide MLS services for a flat fee. These flat fee MLS companies enable FSBO sellers to bypass the traditional agent and get their homes included in the MLS.
