For Sale By Owner? Get your home on MLS and Save Thousands in Commissions in the Sale of Your Home

Written By: admin on April 27, 2010 No Comment

If you are selling, or thinking of selling, your home yourself in order to save thousands of dollars in commissions, use the For Sale By Owner route. For Sale By Owner, or FSBO, property owners can now save thousands of dollars in commissions when selling their real estate property by reducing the listing fees paid when marketing their property through a real estate agent by using a Flat Fee Multiple Listings Service (MLS) program.

A Flat Fee Multiple Listing Service (MLS) program gives the home seller the same benefits and advantages of listing a home with a real estate agent or broker, but without the high listing fees and commissions. The property gets listed with an MLS service in the home sellers local area without the high fees and commissions usually associated with such an MLS listing.

A Flat Fee MLS program can start as low as $69.95, plus the negotiated commission for the buyer’s agent that actually brings the buyer of the property. This buyer’s agent fee is usually around 2.5% to 3.5% of the final negotiated sales price of the property. This buyer’s agent fee is agreed upon upfront before entering the MLS agreement by the home seller.

There are a variety of additional features and services that can be added to your program at an additional cost. The average savings that result from using a Flat Fee MLS program are approximately $8,002, with listed properties selling for about 96% of the asking price within 95 days of listing the real estate property.

Learn more about selling your home using a Flat Fee MLS program, and how convenient and easy it is.