Archive for the ‘Flat Fee MLS Listing’ Category

a fsbo by any other name

In the current real estate climate, fsbo, fizzbo, for sale by owner, or whatever else you’d like to call selling a home without the aid of a real estate agent, has become a preferred alternative for many cash strap home sellers. With housing prices declining and mortgage loan-to-values at all time highs, paying a traditional real estate commission just isn’t an alternative for much of the nation. If you’re attempting to avoid foreclosure, the last thing you want to do is give away equity if you can avoid it. But how can you reach home buyers without the marketing exposure afforded by the Realtor MLS and Realtor.com?

Flat fee MLS listing gives fsbo’s level footing with real estate agents in the quest for marketing a home. With a flat-fee MLS listing your property receives the same exposure as homes listed with real estate agents. Yet you pay just a fraction of the cost.

For Sale By Owner Means Save the Commission

Thinking about selling for sale by owner? If you’re like most home owner’s, the thought of giving away 6% of your home’s value to a real estate agent doesn’t make you want to leap for joy. But you know that without access to the Multiple Listing Service (MLS) your chances of selling are greatly diminished. So what can you do?

Online Flat fee MLS listing services can provide the bridge you need to access the market of potential buyers for your home. With flat fee MLS you get the best of both worlds. You gain access to the MLS while retaining the right to sell directly to a buyer without paying any commission. If a real estate agent does provide a ready, willing and able buyer for your home, you pay just the buyer agent’s portion of the commission (usually around 3%) or half of what you would normally pay to a traditional agent.

In today’s declining market, the savings provided by flat fee MLS listing services may be just what you need to sell and save.

Are all flat fee MLS listing websites the same?

If you’re considering listing with a flat fee listing service, you may believe that cost is the most important factor. After all, what you really want is a listing in the MLS to gain more exposure for your property and you don’t really care which company gives it to you, right?

Studies now show that you may want to reconsider. The success of for sale by owner’s who chose ‘flat fee MLS’ listing over traditional agents is directly tied to the support and service level of the firm providing the MLS listing.

Need an analogy? It’s like the difference between the big box hardware stores and the smaller customer-friendly hardware stores. The big box will sell you the tools, but don’t ask the salesperson on the floor for instructions on how to use it. If you want that kind of friendly support you’re better off at the smaller store. You may pay a few bucks more, but you know it’s worth it because without their support and advice you’d be paying a professional much, much more to do the job.

When you’re talking about saving $10,000+ on your house sale, is paying $100-$200 more something you should haggle over? Especially if it means the difference between just ‘listing’ your house for sale or actually ‘selling’?!!

With a ‘flat fee MLS listing’ you have the tool. But do you know what to do with it and are you getting the most out of it? What if something unexpected comes up? Most online flat fee real estate websites will sell you the part. But only a few know that you need more than just a listing in the MLS to acheive a sale in today’s market. For instance, companies like Bloomkey provide an online real estate transaction platform with virtual and live support that not only makes the home selling process smoother, but also provides you with an extensive array of online tools, guides, tips and tactics to make your home selling experience successful. Having a company that has the experience and provides you with ALL of the support you need, having helped thousands of sellers successfully sell their homes, becomes much more important in light of your largest investment transaction.

So the answer to title question is… No, not all online flat fee MLS listing firms are the same. As always, be selective and ask lots of questions.

How can I sell in the current market?

What can a home seller possibly do in the current market to sell their home quickly and for a reasonable price? Today’s market presents a new set of realities. Selling a home today is certainly more of a challenge than it has been for the past decade.

Adding to the challenge, if you’re like thousands of home owners, you may even be in a position where there simply isn’t enough equity to sell your home and pay a real estate commission. Yet, without the access to the marketplace that a real estate broker provides, it’s difficult, if not impossible, to reach enough potential buyers to effect a sale.

What are your options if you’ve made the decision to sell?

  1. Sell with a traditional broker and bring money to the table to offset the loss.
  2. Sell For Sale By Owner.
  3. List with a flat fee mls listing service.

Option 1 means paying out of pocket to make up the difference between what you owe between your mortgage and other settlement costs and your final sales price. As long as you have the extra money and can afford to part with it, this is probably the best option. Option 2 means forgoing access to the marketplace and generally taking longer to sell. Without access to the Multiple Listing Service (MLS) and the leading real estate websites, you greatly reduce your exposure to the market. Lower exposure generally means lower demand and a lower sales price. Option 3 provides you with the advantage of not paying a listing commission and still having access to the MLS and top websites. With a flat fee MLS listing you retain the right to sell on your own without paying a commission. Yet, you can still offer partial compensation to the real estate agent who finds a buyer for you through the MLS system.

Option 3 provides the most efficient and effective means for selling in the current market. You still get the exposure you need to sell on your own and it may save you from having to come out of pocket to sell.

Advantages of Home Owner Rebates

Have you been thinking of selling your lovely home for a long time? Do not hesitate, just go ahead and make the most of the Home Owner Rebates. There are many advantages of Home Owner Rebates, which allow you to enjoy the profits earned by selling your home. In fact, I have largely benefited by selling my house and been happy with the Home Owner Rebates. However, do not let realty agents hoodwink you and ignore the attractive rebates.

Many real estate agents and brokers provide Home Owner Rebates. After selling your house through the brokers, you can get a handsome percentage of commission back. This is why more and more people are looking out for Home Owner Rebates. You not only get to sell your home at a great rate but also get rewards in the form of rebates. You should definitely keep this in mind.

The real estate market is a place where there is tough competition among both sellers and buyers. So be careful while selling your property and make sure that you get the desirable Home Owner Rebates, the ultimate boon for those who wish to sell their property.

Wish you lots of luck in selling your wonderful home!

Advantages of flat fee MLS for selling your house

Planning to sell your house? Then go straight for flat fee MLS. It will definitely help you getting a buyer who is going to give the price that your house is worth of.  The competitive market of real estate demands a proper marketing of properties. Flat fee MLS listing is one of the best marketing tools to sell your home. It has got several advantages. Some of them are given below:

  • By putting your home in the flat fee MLS listing, you can relax for about 6 months or so as it allows your property to be there on the list for that time period.
  • You can save to a great extent by going for flat fee MLS listing as you are not involving any realtor and paying a flat fee to appear on the list.
  • MLS listing markets your home in a much better way for a large number of people from the real estate world gets to know that you want to sell your property. It saves you from the uncertainty related to ‘for sale by owner’ sign that might not be noticed by a passerby.
  • Above all, it is a cheaper way of selling your home, as Internet is a cost-friendly medium.