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List your home For Sale By Owner on your Local MLS (Multiple Listing Service) for one flat fee!
Maximize your exposure!
Collier & Associates Real Estate, LLC will place your property in the Realtor MLS, maximizing the exposure of your home, for only $499.
If you sell your home yourself, you do not pay any other fees or commissions. If a real estate agent brings an offer which you decide to accept, you pay a commission of 3% or whatever you decide. Compare this to the 6 or 7% you would normally pay!
The most you will pay under this program is $499 plus 3% or whatever you decide. But if you find the buyer yourself, you'll still save the 3% or ?!!!
Multiple Listing Service (MLS)
Place your home in the local MLS to provide the ultimate exposure for your property.
- No hidden costs
- Keep your "for sale by owner" status if you sell your home you pay NO COMMISSION
- Save thousands of dollars in listing commission
- Same MLS listing service used by real estate agents in your area
- Expose your home to thousands of buyers and their agents in your area until SOLD not just for six months
- Nationwide MLS coverage
- Multiple Listing Service provided by licensed real estate agents in your area
- Plus, your home will get additional exposure through Realtor.com with a SHOWCASE LISTING!!
Frequently Asked Questions
What is the Multiple Listing Service (MLS)? MLS stands for Multiple Listing Service. The MLS Listing System is a database of homes for sale in a specific area and is run by the local Board of Realtors®. It's the traditional method agents use to find homes for their buyers or to advertise their listings to other agents.
What are the steps to get on the MLS Listing System?
1. Order an MLS Listing for a low flat fee by selecting our Deluxe MLS Listing- Until SOLD Package.
2. A local agent in the national broker network will contact you directly and provide you with the necessary paperwork.
3. Return the completed paperwork to the agent who will place your home on your local MLS within 48 hours.
4. The agent will contact you directly to confirm your home has been placed on the MLS Listing System and provide you with the MLS Listing number for your property. Your home will be advertised until it is SOLD.
5. When a Realtor® brings you a buyer that results in a successful home sale, you pay the Buyer's Agent a commission (typically 2.5-3%)
How much does it cost to get on the MLS? It costs a one time, up front, flat fee of $499., which includes all the other features in the Deluxe MLS Listing- Until SOLD package.
How long does my home stay on the MLS Listing System? Your home will be advertised on your local MLS Listing System Until it is Sold or you tell us to remove it. It will appear on Realtor.com as well as a Showcase Listing- Showcase listings are the first to be shown when a buyer is looking for a home.
Do I get a refund if my home doesn't sell or I convert to another agent? There is no refund but if you allow us to refer you to another agent we will give you a refund when your home closes.
What is the benefit of putting my home on the Multiple Listing Service (MLS)? There is one very significant benefit to having your home listed on the MLS - EXPOSURE to the local pool of real estate agents! The fact that you have your home for sale in the MLS will now be known by the hundreds, if not thousands, of real estate brokers and Buyers' Agents in your market who are helping buyers find homes. Over 80% of buyers begin their search for a home on-line but many end up working with a Realtor and in today’s market it pays to market your home to as many people as possible- why not let thousands of agents work for you?
What does it mean to "co-op"? Co-op (cooperative payment) means that you would be willing to pay a Buyer's Agent a fee for bringing a buyer to you. Typically, a Buyer's Agent is paid 2.5% - 3.0% of the sales price. It is necessary to list the commission amount you are willing to pay on the MLS when you fill out the MLS listing agreement.
If I do not want to "co-op" with a Real Estate Agent, is the MLS Listing still a good idea for me? No. A Buyer's Agent expects compensation. Without offering it, an agent will have no reason to bring a buyer to your home. And the MLS services clearly state a commission to a buyer’s agent must be offered in order to be listed in the MLS.
Do I have to pay an agent if I put my home on the local MLS Listing Service but find the buyer myself? NO! In this scenario, you would have only spent $499. to get on the MLS Listing System.
So what are my cost savings with putting my home on the MLS Listing System as opposed to going with a full-service Real Estate Agent? Let's go through both scenarios with the assumption that you are selling your home for $200,000. One scenario uses a regular full-service Seller's Agent with a 7% commission. The second scenario saves you thousands by using our Deluxe MLS Listing Until SOLD service.
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Traditional Real Estate Transaction |
Deluxe MLS Listing- Until SOLD |
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Your costs |
$14,000 (7% of $200,000) |
$499. (Deluxe MLS Listing- Until SOLD Package Fee)
$7,000 (3.5% "CO-OP" fee paid to an agent if they bring a buyer) |
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Total paid after sale |
$14,000 |
$7,499 |
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Savings |
Savings of $0 |
Savings of $6,501 !!! |
Refund Policy When a property is requested to be placed on the MLS Listing System, it is understood that there are no refunds given after the MLS Listing number has been assigned to the property by the broker through the MLS Listing service.
We will give you a refund should you allow us to refer you to another agent, you will be paid your refund when your home sells and closes at closing.
If I place my home on the Multiple Listing Service, buyer agents will not show my home anyway. The threat of blackballing is a myth. Most agents are willing to bring you a buyer as long as you are willing to pay them a commission. Agents are very comfortable showing homes listed with other real estate companies, which is essentially how your home appears to them on your local MLS. When a home is listed in the MLS another agent knows their commission is protected when we list it due to the agreement you sign when you list, this saves an agent the aggravation of having to negotiate their commission with you directly if they have a buyer. It benefits them because they are able to help their customer find the house of their dreams (yours), plus they get paid for this service by you. And some commission for them is better than none.
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