Table of Contents
$23,388! That’s how much you pay a real estate agent when you sell your North Carolina home worth $389,800. Real estate agents typically charge a 5% to 6% commission to get your home on the MLS and market it. However, a Flat Fee MLS listing service can save almost half of this commission. That’s a substantial $11,694 that you can use for other expenses or investments.
Let’s understand what a Flat Fee MLS listing service is and how you can save on steep commission costs in North Carolina.
What Is A Flat Fee MLS?
A Flat Fee MLS platform is a property listing service that allows you to list your home on the MLS for a fixed fee. The MLS, or Multiple Listing Service, is a centralized database of properties for sale.
A Flat Fee MLS company allows you to choose an affordable flat fee over the 3% listing agent commission. Additionally, your listing is syndicated to popular real estate sites like Zillow, Trulia, and Redfin, increasing your home’s visibility.
What Are The Benefits of Choosing Flat Fee MLS?
A Flat Fee MLS listing service offers many advantages compared to a traditional real estate agent:
- Maximum Property Exposure:
MLS listings have a nationwide reach. When you list your home on the MLS, its visibility increases. Certain Flat Fee MLS companies give your listing additional exposure by syndicating it to well-known real estate websites such as Zillow, Realtor.com, and Trulia.
- Superior Marketing Tools:
Most Flat Fee MLS companies offer marketing tools such as yard signs and professional photography. These tools attract more attention from interested buyers. This may help to sell your property faster.
- Gives Control and Flexibility:
With Flat Fee MLS services, you can decide your pricing, showing times, and negotiations. Most Flat Fee MLS companies provide various service packages. These packages allow you to choose the level of support you need.
How To Choose The Best Flat Fee MLS Service?
Selecting the right listing service is important if you want to keep most of your profit. Here’s what you must consider:
- Cost-Effective Pricing: Select a Flat Fee MLS company in North Carolina that offers plans between $300 and $500. Keeping listing costs within this range will help you free up funds for staging or repairs.
- Maximum Local MLS Coverage: Make sure the company lists your home on all the major MLSs in your local area. This will increase your home’s exposure to nearby buyers and buyer agents.
- Sufficient Number of Photos: Ensure the MLS company allows you to upload at least 22 photos of your property. Pictures from different angles will help buyers make an informed decision about the house.
- A Generous Listing Term: Opt for a company that offers listings for at least 6 months. This will help you to wait for a better offer rather than feeling rushed to accept a less appealing one.
How To Sell Your Home With A Flat Fee MLS Company in North Carolina?
Here are the common steps that you need to follow:
- Select a Plan: Many Flat Fee MLS companies offer plans ranging from Basic to all-inclusive. Choose the one that best suits your needs.
- Fill Personal Details: Provide information such as your name, address, contact number, etc.
- Pay the Fee: Complete the flat fee payment for the selected plan and proceed with the registration process.
- Give Property Details: Provide essential data for your listing, including home descriptions and high-quality photos.
- Prepare Your Home for Sale: Improve the interior, enhance the landscaping, clean the exterior, and make necessary repairs.
- Interact with Buyers: Discuss with interested buyers and arrange showings. Negotiate with them until you reach a mutually agreeable deal.
Are You Ready To Sell With A Flat Fee MLS Listing Service?
Now that you know the numerous benefits of selling with a Flat Fee MLS listing service, the next step is to choose the right MLS company. Select one that gives your home maximum exposure, uses the latest technology, and provides efficient support throughout the listing process.
Traditional real estate companies like Redfin can take up to 18 days to get your property on the MLS. By opting for a high-tech MLS listing platform like Houzeo, you can speed up the process and have your home listed within 48 hours.
