Generally, Yes. In fact, the Realtors Multiple Listing Service (MLS) requires that a listing display the amount of commission offered to the buyer agent if their buyer buys the property. An MLS listing shows buyer agents the commission they can earn, which is what motivates them to show and sell the listing. For example, if a seller is paying 6% to a traditional huge commission Realtor to list their home, that agent would typically offer 3% as the buyer agent commission.
How It Works
No commission is paid at closing if the buyer is not involved with an agent.
This is an excellent benefit compared to traditional agent listing agreements, where the seller pays the same high commission even if the seller finds the buyer.
Your phone number will be listed on your MLS listing and any inquiries we receive will be instructed to contact you directly.
Non-MLS publicly-available websites choose their own listing format and rules and may show only the broker information.
MLS membership is typically needed to list a property in the MLS, and MLS membership generally requires:
- membership in a Realtors Association, and
- a real estate brokerage license in the State where the property is listed.
Our brokerage is licensed in the states where we offer service, and a member of the Realtor Association(s) that enable our brokerage to list properties in the MLS for the areas where we offer service.
How can it only be a low flat fee?
We list your home the same way as Realtors who charge 6%. The MLS is the list of homes that all Realtors use to find a property for their buyers. Realtors in each local area all use this same MLS, maintained as a computer database by the Realtors Association. Our listings also show up on public websites like Realtor.com, the world’s most popular real estate website, as well as dozens, even hundreds of other popular websites.
Yes, sellers are free to hold as many open houses as they wish. It is not required to notify us when you have an open house, unless you are in an area where the MLS will list open houses, AND you wish for the open house to be listed on the MLS. In some areas, posting open houses in the MLS is an optional item that involves an additional charge. Let us know your zip code and we can let you know the options for your particular area.
You will receive a copy of the listing when it goes into the MLS and you will see it on publicly available websites like Realtor.com.
Flat Fee MLS Video: How does it work?How do I get buyer agents to show my home?
How does the Realtors Multiple Listing Service (MLS) work?
How do Real Estate Agents get paid?
How much do Realtors charge to list or sell a house?
How do real estate commissions work?
Purchase contracts, sales agreements are generally not necessary for a seller as they are provided by the buyer/agent in 90%+ offers. In most areas, the purchase agreement, disclosure, lead paint, and standard addenda forms are available, and are often listed as included as one of the bullet point items in some of the packages. In some areas there is an additional charge for the forms.