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What is MLS in Real Estate?

MLS stands for Multiple Listing Service - an online regional database of homes for sale. Only licensed real estate agents and brokers can access and list on the MLS. There are over 600 local MLSs in the United States. You must list your property on your local MLS. Only then will your local buyer agents be able to find your listing.

The MLS is the most powerful tool for selling your home fast. Homes listed on the MLS sold faster and for 17% more than non-MLS homes, according to a Bright MLS study. The MLS listing includes photos and detailed descriptions of the homes for sale.

What is Flat Fee MLS?

A Flat Fee MLS service will help you list on MLS for a small flat fee, instead of a full 3% to 6% commission to an agent.

Flat Fee MLS is a cost-effective alternative to traditional real estate agents to list your home on the MLS. A flat fee listing on the MLS can help home sellers save money on agent commissions. Instead of paying a 6% commission, you can list your home for an upfront fee.

Why Choose Houzeo's Flat Fee Listing?

Houzeo.com is America's best Flat Fee MLS listing service. Houzeo allows you to list on MLS for a flat fee and sell your home yourself using advanced technology. With a Flat Fee MLS listing, you can list your home without a REALTOR involved fully, and still ensure that your property listing gets the best possible exposure.

Houzeo is one of the best MLS listing sites, providing:

Near Nationwide Coverage: Houzeo covers 47 states + DC.

No Listing Agent Commission: With Houzeo, you typically only pay a small flat fee to get access to the MLS and all the Houzeo tech.

100% online: Easy listing, fast changes, online showings, and online offers.

Max Exposure: Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other real estate sites.

Fast Listing: Rush listing option gets you listed within a business day with Houzeo Concierge.

Real Estate On the Go: The Houzeo Mobile App mimics most functionality of the Houzeo web platform, including Offers and Showings.

5-Star Customer Service: Houzeo is rated 4.9 out of 5 stars on Google & Trustpilot with thousands of reviews.

No Hidden Fees: There are no Houzeo hidden fees.

Why List on MLS with a Flat Fee MLS Listing?

A Flat Fee MLS listing service will post your home on the MLS so local buyers can find your property. Here are the key benefits of a flat fee listing MLS Service.

1. Savings

The biggest benefit of a Flat-Fee MLS Listing service is that you save up to 6% on agent commissions. Flat Fee MLS eliminates the need for a full-service real estate agent to list your property. You can list on MLS without a realtor and save 3% on listing agent commissions right away. If you find a buyer who is not represented by an agent, a flat rate MLS listing can save you an additional 3% in buyer agent commissions. Also, if you are unsure about any aspects of home selling, such as legal paperwork or closing, you can opt to pay some extra bucks for additional guidance. This way, you only pay for what you actually want.

2. Exposure

88% of buyer agents use the MLS to find properties for their clients. A flat fee real estate MLS listing service will maximize exposure to these buyer agents and their buyers. Most local multiple listing services syndicate your listing to MLS listing sites such as Zillow, Trulia, Redfin, and Realtor.com.

3. Fast Listing and Transparency

A FL Flat Fee MLS service can get you listed in 24-48 hours! Moreover, you will be aware of the precise list of deliverables and the associated fees when you sell with a real estate MLS service. You can be sure of the value you are getting for your money and know precisely what you are paying for.

How to List on MLS?

Only licensed real estate agents have access to the MLS. There is no way to list on the MLS without using an agent. But you don't have to pay thousands in commissions to get on the MLS. You can just opt for a MLS listing service and save thousands in commissions.

Here's how to list your house on the MLS using a flat fee listing service.

1. 1. Research to discover the best Flat Fee MLS Listing services near you.

2. 2. Purchase a Flat Fee MLS listing plan.

3. 3. Provide your property details.

4. 4. Attach professional photographs with your listing.

5. 5. Sign the listing agreement.

6. 6. Review the draft listing and get on the MLS.

What is For Sale by Owner (FSBO)?

For Sale By Owner also known as "fizbo" in real estate agent jargon, is a home selling process in which a seller sells their home without the assistance of a real estate broker. These homeowners use a FOR SALE BY OWNER yard sign to alert potential buyers that their home is for sale. Sellers choose to sell their home FSBO in order to avoid paying the real estate agent's commission. However, there are expenses related to FSBO sales, such as paying the buyer's agent a commission of 2%-3%.

How Much Does it Cost to use an FSBO MLS Service?

It depends on whether you're working with a full-service or using a flat-fee service to list on the MLS.

A full-service agent generally charges you around 2%-3% commission. On the other hand, you can potentially save a lot by using a Flat Fee MLS listing service. The following costs are associated with MLS Flat Fee Listing Services:

1. 1. Upfront Flat Fee: This is the amount you'll pay to get listed. Typically, it is between $300 and $500.

2. 2. Fees at Closing: Unless you are in a minimum service state, most Flat Fee listing services will not charge you any additional fees.

3. 3. Hidden Charges: Some flat fee Realtors might slap hidden charges that they do not disclose in the beginning. These charges might burn a hole in your pocket, and you might end up paying more than you had expected.

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