When looking to sell a home, one of the first things a real estate agent does is put the house on the multiple listing services (MLS). This is a digital database that Realtors use to list properties that are being contracted to sell. It is also where these same professionals go to view properties for sale for clients, explains Onsite PM Services.
This is important to note because of the vast number of listings available, it will get the home visible to a vast market and make it easier to sell, making it an excellent option for selling a home. There are now options available that allow sellers to use a flat fee service for the MLS, saving time and money in the process.
What is a Flat Fee MLS Listing?
Some real estate brokers provide limited services. These services are granted for a flat fee, which makes it a good option for selling a home using the MLS. These flat fee services include listing the property on the MLS in exchange for an upfront fee, instead of a commission when the home sells. This can come at great cost savings to those who are looking to sell a home but want to list the house on the MLS to reach a wider audience.
This all simply means that the money saved can be spent on buying a better home, moving costs, furniture, and all the other expenses related to moving. To find out more about flat fee listings and the benefits and cost analysis, look to https://getlistedrealty.com/flat-fee-mls/ for more information.
How the MLS Works
Today the MLS is a good option to sell a home because buyers and sellers have a number of listing options available; this includes the flat fee service listed above. Another service is also available that offers a consumer-facing site that allows the general population to search for properties without a realtor. This will allow for a wider audience to be reached, leading to a quicker sale of the home. Oftentimes, without a listing on the MLS, the home will not be seen by those looking to buy.
Helping Buyers Find Property
The MLS is such an important exchange for buyers and sellers because it utilizes a search engine to help buyers find the exact things that are being looked for in a property. Be sure, as the owner of the home, to check the accuracy of the details listed on the MLS, this will ensure that the right buyers are being reached.
Three Things NOT to Do When Listing on the MLS
When the realtor lists the home on the MLS, be sure these items are not included in the ‘to do’ list to ensure that the MLS is working for you:
- Don’t write the listing – Make sure the realtor is doing this task, and the flat fee MLS listing will take care of this for you. An experienced agent will know what needs to be legally stated for the property to sell. These agents will also have access to records that have specifications for the property.
- Don’t use photos from renovations – Only use photos that show completed work – for instance, never use photos of floor ripped out, as this might deter buyers.
- Give false information – Giving inaccurate information on the MLS is a no-no. Be sure everything is up to date and the realtor has all of the information in order to make the MLS listing reflective of the home.
The multiple listing services are where 99% of agents go to find listings for clients, making it the best use of time and money and one of the best options to sell a home.
Investigate different real estate brokers to get the best deal on your home’s MLS listing. Get quotes from several agents before deciding on which you entrust to sell your home. Good luck!