This greatly increases the exposure and searchability of your property without committing to giving up 6% commissions to a realtor. Flat fee MLS listing packages are very popular for those wishing to sell their home without a realtor.
What’s an MLS?
There are over 950 Multiple Listing Services (MLS) across the United States, with many overlapping in geographical coverage. Popular national sites like Zillow or Redfin work to combine MLS feeds they have access to, so they can provide a great search experience to their users.
It’s also real estate agents’ go-to tool for finding properties. So if they are looking for a property for their buyer, they’re most definitely looking at places on the MLS. This will be where they steer their buyers to search as well. So,
What Are the Advantages of a Flat Fee MLS Listing Package?
For anyone going the for sale by owner route, getting exposure on their property is a must. The flat fee plans are cheap in comparison to commissions you’d have to pay a realtor. Flat fee packages range from $300-600 depending on the provider. If you’re in a seller’s market this is almost a must.
Think about paying this one-time fee as part of actively marketing your property. You can spend plenty on other advertising avenues, whether it be social media, newspaper ads or online ads. However, the cost for exposure of being listed on the MLS is almost second to none.