People ask me what is Flat Fee MLS Listing all the time. The simple answer is; it is a way to get your house listed on the MLS for a fraction of the cost of Traditional Brokerage Services.
It is especially helpful for people who wish to do a For Sale By Owner deal. This link will give you an explanation of For Sale By Owner. https://en.wikipedia.org/wiki/For_sale_by_owner Getting your home on the MLS will provide the greatest exposure and the best chance to get that right Buyer. At www.123flatfeeMinnesota.com we offer a range of services from Basic to our Platinum level which offers a modified Full Service Brokerage option. Come check out all the options at https://123flatfeeminnesota.com The Flat Fee Listing Service is great for the do it yourself kind of person, our most popular option is the Showcase level which provides 12 months of MLS service and as many pictures as is allowed by the MLS. We recommend about 25. The Showcase level is $399 dollars. Compare that to a 3% listing on the Sale Side on a $400,000 home (.03×400,000 = 12,000). Wow now that saves you a ton of money! You still have to pay a Buyers Broker if they bring you a qualified buyer that presents an offer you accept. We generally say between 2-3% is a good range, many people offer even more to Buyers Agents. This is totally up to the Seller, however the minimum allowed by the North Star MLS is 1%.
Stay tuned to our blog for more information on Flat Fee MLS Listing Services and other interesting information that will help you sell your home faster and for more.