Tips to Find a Flat Fee Broker
- Author Louie Harris
- Published November 12, 2011
- Word count 446
In recent years, the number of homeowners planning to sell their own homes without the help of realtors is on the rise. More and more people seem to prefer dealing directly with buyers and cutting out the middle man, in the form of seller’s agents, from the entire transaction. Hiring the services of flat fee brokers instead of traditional seller’s agents can prove to be highly profitable for homeowners. While seller’s agents may charge as much as 5-6% of the sales price, flat fee brokers have to be paid only once for listing a property in local MLS listings.
MLS is basically a database that incorporates details of every property listed for sale in a particular area. A multiple listing service, or MLS, has been in use in the real estate business for many years. This is one of the best ways to reach out to buyers and their agents who are known to go through these lists to screen prospective properties suitable for purchase. Homeowners cannot themselves list their properties; only realtors can access and include properties within MLS listings. This is precisely where flat fee brokers come in handy. Flat fee, or free MLS, is done through the assistance of a realtor or broker who charges a one-time fee for the services rendered. Flat fee or free MLS can therefore save thousands of dollars for homeowners who no longer have to shell out a big portion of their profits to an agent.
When you go for flat fee or free MLS listing services, will want to have good photographs of the house and it’s interior readily available for use in placing on the final listing. Gather information about the house and try to highlight the top selling points. Your home will be listed in multiple listing services with these photographs and descriptions so that prospective buyers can get primary information and a first look at the property. The flat fee broker is responsible for creating a listing in the local MLS database alone and will not be assisting in any other way. The only monetary transaction with the broker pertains to payment of a flat rate, one-time fee for getting your property listed in the database.
Flat fee or free MLS services are essential because these databases are often the best way to reach out to buyers who are known to sort through properties listed in a MLS database to short-list the ones they feel to be most promising. For more information on paid and free MLS listing services, visit www.isellmyhome.ca, which is an exclusive Canadian website dedicated to helping homeowners sell their properties without hiring professional realtors.
www.isellmyhome.ca is one of the premier organizations in Canada providing flat free MLS, and information on flat fee broker.
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