Frequently Asked Questions

Here is a collection of Flat Fee MLS frequently asked questions that I have put together to help you in listing a home fsbo. If you have any other questions, not listed here, feel free to call or send an e-mail.

Question 1: What is the MLS?

The MLS is a large database that real estate agents & brokers use to find available homes for qualified buyers. In the past, the MLS was all on paper, which is why you needed to hire a full-service agent to get access to these MLS-listed properties. The MLS was not made available to the public.
Nowadays the internet has changed the real estate industry completely. Every single real estate agent has an MLS search on his/hers website. And now it’s easily possible for you to get your property listed on that exact same MLS for a low flat fee.

Question 2: How can the MLS help sell my home?

On an hourly basis, real estate agents look on the MLS for new listings as they have qualified buyers ready to purchase a home. The majority of all buyers are represented by a real estate agent because it’s completely free to them. And a real estate agent will always start their search on the MLS.

Question 3: Can I get help from the broker?

Yes! We provide additional services, including contract review, negotiating, and closing of the sale. These additional services are subject to an additional charge. Please Contact Us with questions.

Question 4: Do I have to pay a Buyer's Agent Commission (BAC)?

NO. We highly recommend paying the BAC. We recommend offering a commission between 2% – 3% because your listing will be competing with other listings for agents’ attention within your MLS market area. But ultimately it’s completely up to you what you’d like to offer.

Question 5: Do I have to pay a Seller's Agent Commission?

YES. You must pay a Flat Fee MLS listing Fee as little as $199 to get the MLS exposure for your property and a small percentage at closing. It depends on the package.