What is Flat Fee MLS? (Check out
Wikipedia's definition
here.)
 Flat Fee MLS is a new type of Realtor MLS
listing recently introduced by the
National Association of Realtors. This new type of MLS
listing allows sellers to list their home on MLS, usually for
a flat fee through a licensed broker. When you list your home
for a flat fee through us you can be sure you will retain the
right to sell By Owner. You can market your home however you
would like while we advertise your home on the MLS for a flat
fee. Not only do we guarantee to give your home the online
exposure needed to sell in a Buyer’s market, but we promise to
assist you and answer any and all the questions you may have.
We do it all for a small flat fee that will seem priceless to
you when you find that ready, willing and able buyer.
If you should decide you would like to list
through our flat fee listing service. We will enter your
property information just like any other real estate agency
would but you will be the one taking calls and doing the
showings. Our primary job is to list your property on the MLS
Property Information Network and maintain your listing until
it sells. This means we will update and make changes to your
flat fee MLS listing until your property is sold free of
charge. We will also make sure all your online marketing is
taken care of. After you submit your flat fee listing we will
get your property listed all over the Internet on a variety of
real estate related sites. Our flat fee MLS listing service is
nothing like any other real estate service offered today. We
provide unmatched support from start to finish. We are a
family owned business and your satisfaction is important. We
want to earn your referrals.
ListSmartTexas.com provides a no
hassle Flat Fee MLS Listing Service for Texas property owners
who are interested in selling their homes without paying high
commission fees, but would like to receive the same amount of
exposure that only a licensed Texas Real Estate Broker using
the Multiple Listing Service (MLS) can provide. All for a flat
fee that comes with a
100% Money Back Guarantee.
UNDERSTANDING THIS SELLING CONCEPT
Traditionally, sellers have had two options to explore
when selling their property: Seller’s could market their
property on their own, limiting exposure and usually resulting
in a longer time on market, or they could list their property
with a local real estate agency and pay upwards of 5-6% of the
purchase price for listing and selling.
Going against tradition, List Smart Texas
Inc., is now giving seller’s a third option, making the other
two options obsolete. With our Flat Fee MLS listing service
seller’s now have the opportunity to market their home without
having to pay outrageous listing fees.
Price. Service.
Quality. Check our
100% Money Back Guarantee.
Our mission is to provide seller’s with the
necessary marketing and support that is essential to getting
the property sold. Our service saves seller’s money and puts
them in control. Our philosophy at List Smart Texas is simple:
We list and you save A LOT!
With our flat fee MLS service customer
service is everything. We understand that the highest level of
support is needed at all times. To ensure your comfort we will
educate you with selling tips at no extra charge and certainly
no commission. If needed, we also offer hands-on support for
sellers (see Premium Option).
WHY GO WITH A FLAT FEE MLS LISTING SERVICE
There are many reasons why listing through our flat fee
listing service makes sense. Although, listing in this manner
is not for everyone, the benefits strongly out-weigh the
traditional alternatives (i.e. listing your property for 5-6%)
to marketing real estate. When you are marketing real estate,
exposure is everything. When selling you want the world to
know about your property. The more eyes that see your property
the better your chances are of finding the perfect buyer. Just
like location matters in real estate, exposure matters most
when marketing real estate.
AGENT AND SELLER RELATIONSHIPS
Traditionally, real estate agents want to create a
relationship with a seller that grants them the exclusive
right to market your property. In other words, listing agents
are asking you to give up your right to market your home by
owner so they can do it and be paid for their services when
the transaction closes. Since the real estate market is over
saturated with traditional real estate agents many people
think they must enter into an exclusive right to sell real
estate agreement. This is not true.
Smart sellers who are “market savvy” will do
research to find out that they do not have to go with a
traditional listing agent to sell their house. They can enter
into a non exclusive listing agreement with a flat fee real
estate listing service. By doing this, the seller can market
their home on their own as well as market through a flat fee
MLS service. Many call this method the hybrid approach to
selling real estate. We call it the smart way to sell real
estate!
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| In addition to your property appearing in
the local MLS and on Realtor.com, it will feed to hundreds of
real estate agent’s websites through Broker reciprocity. Also,
your listing may be picked up by other national websites.
How a Traditional Listing
Works
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In order to sell your home on the Realtor
MLS you must enter into an agreement. A listing cannot be
entered into the MLS without first entering into an agreement
with a agent. Doing so is against the MLS rules and
regulations. When consumers hear the word agreement they often
get overwhelmed, but the fact of the matter is that entering
into an agreement shows professionalism and it will also
protect your interest. As a seller, you should want the agent
to put what they are going to do for you in writing.
With our flat fee MLS listing service we use
an agreement called a Limited Service Listing Agreement. This
agreement is the simple way to get your home onto the MLS
without giving up your rights to market and sell without an
agent.
 A F.S.B.O. APPROACH TO FLAT FEE MLS
When you sell your home “By Owner” and
compliment your marketing efforts with the Multiple Listing
Service (MLS) you will have yourself a hybrid marketing plan.
This is the best way to sell real estate. By combining
marketing plans you get the biggest bang for your buck. Our
List Smart Texas Flat Fee MLS service is the best way to sell
your home. By using our service what you are essentially doing
is mass marketing your home with two drastically different
mediums. Some call this method MLS FSBO or FSBO MLS. It’s like
having two companies marketing your property. The first
company is you, the seller. The second company is our flat fee
MLS service or FSBO MLS service. This is a killer combo when
selling your home. When savvy sellers use our flat fee MLS
service they are looking to save money AND be involved with
the selling process. With this course of action the property
owner literally pursues both methods of marketing through the
TX Realtors MLS and FSBO methods simultaneously. Marketing
your property via our flat fee MLS can be accomplished in
Texas with a special listing agreement called a Limited
Service Agreement. With this flat fee MLS type agreement we
will list your property for sale in the Realtor MLS for a flat
fee and give you the best service money can buy. This
agreement puts limitation on the real estate agency’s duties
as well as responsibilities to the seller such that the
listing agents obligations and services are more or less
limited to listing the property in the MLS. With our TX flat
fee MLS service we take care of all your online marketing and
maintain your MLS listing. Our listing agreement allows you,
the owner, the right to market the property yourself and avoid
further commissions altogether if the owner finds a buyer from
their own marketing efforts. Our TX flat fee MLS service
cancels out the listing side of the commission. Our TX flat
fee MLS service is provided to all seller’s for a fixed dollar
amount, instead of a listing commission and paid in advance at
the time the MLS listing is activated on the Multiple Listing
Service (MLS). Under our TX flat fee MLS listing agreement
there would be no additional commission paid to us for listing
your home on the MLS. It doesn’t matter if a buyer agent sells
your home or if you sell it on your own. The only time you
will ever pay a commission is when a Buyer Agent brings you a
buyer and the deal closes. Under a Limited Service Agreement
all other Realtors can then try to sell your home to their
potential buyers and earn a commission representing the Buyer
as a “Buyers Agent”. Sellers can offer these Buyer Agent
Realtors whatever percent commission they desire, but owners
should consider that offering less than the traditional 3%
could affect these Buyers Agent Realtors degree of interest in
showing your property to their customers. If you offer enough
the Buyer Agent will tap all their resources to find a buyer.
In other words, some sellers offer 4% to entice agents to show
their home.
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