A flat fee MLS listing is just a listing that you pay a one-time, flat fee to possess listed on the MLS. This is in comparison to the standard approach to paying a real estate agent a commission, that will be typically a share of the sale price of the home.
The key advantageous asset of a flat fee MLS listing is that it can help you save lots of money. The original way of paying a realtor a commission can end up costing you 1000s of dollars, whereas a flat fee MLS listing will typically only cost you a hundred or so dollars.
Another advantage of a flat fee MLS listing is so it provides you with a lot more control within the sale of your home. With a conventional realtor, you are essentially handing within the reins and providing them with the ability to negotiate on your behalf. With a flat fee MLS listing, you're in control of the sale and can negotiate directly with buyers.
The key disadvantage of a flat fee MLS listing is that it could be a lot of work. You'll lead to marketing your house, working with buyers, and handling all the paperwork. If you are not prepared to include the job, then a flat fee MLS listing may not be for you.
Another disadvantage of a flat fee MLS listing is you will not need exactly the same amount of support from the real estate agent. When you yourself have any questions or need help with anything, you will not have the ability to rely on your real estate agent for assistance. Overall, a flat fee MLS listing can be quite a smart way to save lots of money and assume control of the sale of one's home. However, before choosing a selection, it's crucial to weigh the advantages and disadvantages. If you should be prepared to set up the task, a flat fee MLS listing could be a great selection for you.