Dallas Realtor Flat Fee MLS
$398.50 Hybrid FSBO-MLS Package Includes:
Realtors Standard MLS Listing Service Includes:
**Limited Time FREE Options Package Upgrade Includes**
Listing with a Realtor doesn't get any Easier, more Economical, or more Flexible than this. If you sell your house yourself from your own marketing efforts before those Buyers Agents do, You Will Not Have to Pay any Buyers Agent Commission. This is an Amazingly Powerful Marketing Plan to effectively sell your home for a Substantially Lower Total Cost than using most "Discount Commission" plans.
* MLS Organizations: North Texas Real Estate Information Service
MLS and Henderson County Board Of Realtors MLS
Click this link for ADDITIONAL NATIONWIDE FLAT FEE MLS COVERAGE AREAS
NOTICE: DallasFSBO is Not a licensed real estate agency, we do Not provide these MLS Listing services ourselves, and we are Not affiliated with the Realtor who does provide these MLS listing services. A licensed real estate broker serving your area will be providing these MLS listing services and they will contact you directly in response to your order for this service.
The Hybrid Marketing Method
A new Realtor marketing plan recently alternative is sometimes called a Realtor Flat Fee MLS Listing Service. We call it a Hybrid FSBO - Realtor marketing plan. The property owner literally pursues both methods of marketing through the Realtors MLS and FSBO simultaneously. This can be accomplished several ways, in each case the listing agreement will specifically reserve the right to sell the home yourself and avoid Selling or Buyers agent commissions. This type of listing agreement can provide that the owner will have the continuing right to market the property themselves and avoid further commissions altogether if the owner finds a buyer from their own marketing efforts. This Listing service can be provided for a fixed dollar flat fee, instead of a listing commission to the Listing Agent, paid in advance at the time the listing is made. All these terms are Negotiable, provided you can find a Realtor "willing" to negotiate.
If you sell your property yourself from your own advertising efforts or your Yard Signs, you do not have to pay the 3% Buyers Agent commission. In effect you are paying a "Flat Listing Fee" instead of the normal Listing Realtors 3% commission, offering Buyers Agents whatever Commission you desire, and you have the option of selling your property FSBO without paying that Buyers Agent commission. The trade off is that since you only pay a modest fixed listing fee, the listing realtor will likely limit the "scope" of the agency such that in effect you will get no transaction assistance or advice from the listing Realtor except possibly a Comparative Market Analysis report. The listing Realtor is merely granted authorization to list your property with the MLS so it will be available for all other Realtors who are working with potential buyers to try to sell and earn the "Buyers Agent" commission you offer them. The upside is you can continue to market your property FSBO at the same time and if you find a buyer before the Buyers Agent Realtors do, you pay no commission to them. By doing this listing agreement with a realtor, the MLS will permit the Realtor to give you a CMA Report. This Comparable Market Analysis, or property valuation report, reviews the actual prior sale prices of recent "comparable" MLS sales in your area along with the details of those comparable MLS sales so YOU can determine Yourself just how "comparable" these sales really are. These CMA reports are intended to "Assist" in determining an asking price. They do not contain the prior sales price information for all property transactions (since the MLS does not have FSBO sales price information) and can Never just be taken at face value, they are however a valuable source of some of the information you need to competently decide how to price your property.
Considering that this Flat Fee Realtor MLS alternative allows for both the increased exposure to potential buyers who may be working only with a realtor (at a cost to the seller of 3% commission rather than 6%) and the continuing opportunity for the owner to sell the property FSBO and still avoid Realtor commissions entirely if the owner finds a buyer first, this is indeed an alternative which property owners should research, become knowledgeable about and consider Before you settle on Your Marketing Plan. In the above described scenario, owners should understand that there is only "Limited" Agency with the Listing Realtor and NO Agency with the "Buyers Agent" Realtors. This means that the"Buyers Agent" Realtors do NOT Work For The Seller as many people commonly think that all Realtors do. These "Buyer Agent" Realtors do not have the same customary responsibilities towards the property owner that a "Listing-Agent" or a "Sub-Agent " Selling Realtor would normally have. Dealing with these "Buyer Agent" Realtors is more like dealing with a potential buyer who might respond to your FSBO marketing efforts. Any owner interested in this approach should fully research and understand these differences in the Realtors duties and responsibilities and consider getting an attorney to review your sales contracts with any of these Buyer Agents before you sign them (having an attorney lined up to review your sales contract, or better yet to prepare one for you in advance, is a good idea anyway for all non-real estate professionals). A form called "Information About Brokerage Services" is published by the Texas Real Estate Commission (TREC) and is available to download or view at ftp://ftp.trec.state.tx.us/contracts/OP-K.pdf and this form has some information about these "Buyers Agent" Realtors. These rules about Agency and their consequences will vary considerably from state to state, the Texas TREC form is one general example of the nature of these rules. Be sure to determine how these issues affect your rights and obligations in your specific state.