subject: Using Flat Fee Mls To Your Benefit [print this page] Are you considering a for sale by owner for your property in order to save money on paying a real estate commission on the sale of your property? You should instead consider using a real estate broker that will offer you the advantage of using a flat fee MLS listing. This will enable you to pay one fee for the listing and still have your property listed on the multiple listing service which is where most buyers obtain their knowledge of real estate that is for sale on the market.
If you try to do a for sale by owner, you have to advertise your property in order to get the word out. Simply putting a sign in your window will not draw potential buyers to your property. On the contrary, most of those who call you will either be real estate agents trying to get your business or your neighbors trying to figure out how much their own property is worth. If you advertise, you can expect to pay a substantial sum of money for this service. If you use the services of a traditional broker, you will have to pay a percentage based upon the sales price of the property. When you use a real estate broker that will give you a flat fee MLS listing, you just pay one fee, have your property listed where others who are interested in buying it can see it and then wait for a buyer.
If you are buying property, you can also take advantage of brokers who will save you money by offering you a buyers rebate. This is a portion of the commission paid to the selling agent that the buyer receives upon the settlement of the property. Many selling agents offer this as an incentive to buyers who may be deciding between buying one piece of property over the other. The buyers rebate is paid to the buyer by the selling agent and can be used for many different purposes. This is yet another way that a buyer can save money when they purchase property today.
The internet is one tool that you cannot ignore if you are buying or selling property. Most buyers today are looking for real estate brokers who are making the most of this tool so that they can allow buyers to see the homes that are on the market through their sites. This saves a buyer from just getting a list from a broker and then riding around, trying to find a property that they like. They can take a look at properties that are on the market through the service of a real estate brokerage that will help them in their quest. They can even use filters so that they are looking for properties that are in their price range as well as those that are in the location where you are seeking to buy.
Buyers and sellers both have more choices than ever when it comes to buying and selling real estate. Buyers can look online for property by using a real estate broker that will give them the option to do this and even find a buyers rebate offered by some selling brokers. Sellers can take advantage of the flat fee MLS listing offered by some real estate brokers so that they can save money on the sales commission when their property is sold. This can particularly help the high end seller who will have to pay a substantial fee if they sell their property based upon a traditional sales commission percentage as well as those who are considering the idea to sell by owner.
by: Vikram kuamr
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