For you to sell your home quickly (or at all) you need to make sure it is marketed so that it's going to be noticed by the largest amount of buyers possible. To get your home in front of the a lot of people it has to be listed in your local MLS . Among the easiest and least expensive ways to get this done is to select a flat rate MLS service. There are many specific benefits of using a flat rate MLS service rather than the more conventional method of selling your home.
First though, you must recognize how the MLS system operates. An MLS is basically an online compilation of real estate for sale in a particular region. Any real estate for sale via a real estate agent will be listed in that region's local MLS. And, real estate agents are usually only going to present homes to their buyers which are listed in their region's MLS. Hence, if you would like your home to sell you need to be listed in MLS.
Unfortunately, the only method to get in MLS is by hiring the services of a realtor. You either have the choice of paying the realtor a portion of the final sale price or going with a flat rate MLS service which will allow you to pay a one time flat fee to have your home listed in your region's MLS.
Since most real estate agents demand 6% of the purchase price to sell your home, the savings might be rather significant when using a flat rate MLS listing service instead. Take for example a home priced at $300,000. When the home sells, the seller must pay the realtor $18,000 in commission. If you take advantage of a flat rate MLS listing service, however, you may get your home listed in MLS for only a few hundred dollars. And, if the customer brings their own realtor you must still pay that realtor their portion of the commission (generally 3%), but that is still a savings of nearly $9,000. Plus, numerous flat rate MLS services also supply extras like lockboxes, "for sale" signs, and contract forms. Consequently, if you wish to sell your home on your own and you actually want your home to sell, then research several of your local realtors that provide a flat rate MLS service.
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