Selling a house has a always been a headache to many property owners. The advent of technological age, however, has meant that a big chunk of the stress can be taken out of the process of selling homes through the use of Mls brokers. Mls listings have completely changed the way people buy and sell houses. In an effort to close the deal on their homes faster, many homeowners are considering the use of flat fee listing services. Many of these people have come to understand that if they need to sell their homes faster, then they must make sure that it is advertised in a way that will reach as many target buyers as possible. So far, the fastest way they can achieve this is by placing the home/house in a multiple listing service. A few years ago, the only way to do this was to list you house with a realtor, who will do the listing for you and return you would be required to pay about 6% of the sale price as a listing fee. Alternatively you could put up a 'for sale by owner' outside your home; which would still take you so long to find a serious buyer.
In a bid to do away with the expensive listing fees, many sellers have opted to use the services of flat fee listing services. This services offer you the benefit to list in MLS locally without having to pay any realtor fees when your home is sold. Most mls services will basically have an online compilation of properties that are available for sale in a particular area. With very few exceptions, many of the houses that are being sold by realtors will appear on the Mls listing. One thing to note is that most realtors will only show homes that are listed in their region's Mls meaning that if you expect your home to sale, it advisable to list in your local multiple listing services. The savings that one can realize from using a flat fee Mls service are quite substantial.
For instance, without the listing, if a home that is up for sale by owner sells at $400,000 it will cost the seller a total of about $24,000 as listing fees paid to the realtor. On the other hand, if you list in Mls that charges flat fees, it will only cost you a few hundred dollars. The seller may also use their own real estate agent for the listing but it will cost them 3% of the sale fee as commission which comes to $12, is not as low as the flat fee listings but still a huge saving from the $24,000. Another advantage of the flat fee MLS listings is that they often provide extras like contracts, lockboxes and for sale signs that greatly increase the chances of selling the home faster. If you are really looking to take up the job of selling your home on your own, do some research on some real estate agencies in your locality. You might just find one that offer flat fee MLS services and save you lots of money in the process.