Discount real estate brokerage, where to start
Flat fee MLS is a flat rate service by which a seller receives the benefits of professional brokerage services without having to pay a five or six percent real estate commission. The flat fee is a fraction of the amount of real estate commission for which a seller would be responsible should he choose to list his home with a full service broker. Flat fee service permits the seller to list his home through a Multiple Listing Service broker (only licensed brokers are allowed to list homes on the MLS) and gain maximum exposure for his home over the Internet. The arrangement allows the seller to list his home under a For Sale By Owner sign, but the broker can step back in during contract negotiations once the seller has received a purchase offer. Flat fee MLS gives your home exposure on the same local and national MLS and buyer pool as sellers working under the traditional real estate commission arrangement.