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By
sharoosunidhi @
Tuesday, February 03, 2009 10:42 PM |
Hi,
I am newly join in this site.This site is very useful to others.Why a Flat Fee MLS Listing is better than listing with a 6% Realtor You get the same MLS listing in the same local MLS for a one-time low Flat Fee instead of 6%.
If you sell your home without a buyer’s agent involved, there is zero commission.More exposure on hundreds of national MLS websites. Many 6% Realtors limit the exposure to public websites to increase their chances of getting the entire 6% commission.
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sharoo
<a href=http://mls.fastrealestate.net/b/flat-fee-mls-2>Flat Fee MLS</a> |
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By
sharoosunidhi @
Tuesday, February 03, 2009 10:46 PM |
Hi,
I am newly join in this site.This site is very useful to others.Why a Flat Fee MLS Listing is better than listing with a 6% Realtor You get the same MLS listing in the same local MLS for a one-time low Flat Fee instead of 6%.
If you sell your home without a buyer’s agent involved, there is zero commission.More exposure on hundreds of national MLS websites. Many 6% Realtors limit the exposure to public websites to increase their chances of getting the entire 6% commission.
====================
sharoo
[url=http://mls.fastrealestate.net/b/flat-fee-mls-2]Flat Fee MLS[/url]
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By
Mr. Islander @
Wednesday, February 04, 2009 8:07 AM |
You're right, IF you can sell your property without a broker, then it is possible you'll end up with more money in your pocket. But in this market, there isn't much chance of selling without a broker. MLS is currently reporting that only 15 properties sold in the SPI/Port Isabel area last month. And that's out of a total inventory of 806. Now ask yourself how you're going to sell a property in a market with more than a four year supply of inventory without professional help. To me it seems like real estate agents have never worked harder for their money - and that service has greater value than ever before for both buyers and sellers.
I remember a decade ago when the market was extremely overheated and houses were being sold for above the asking price before the home even officially went on the market. In that type of a market you could argue that agents were being overpaid, but certainly not in this market!
Another thing to consider is that if you use an agent, and they don't sell your property, then you don't pay a nickel - the agent picks up the marketing fees. But, if you try it yourself, and are not successful, you'll eat the marketing fees. So, agents are VERY motivated to sell your property. If they can't get you to the closing table, then they have also lost some of THEIR money. In other words, their business interest is closely aligned with your personal interest.
One thing that some some sellers do in a market like this is offer a HIGHER commission to their brokers. In that way the better paying sellers get priority exposure in the market place. If an agent knows they're going to get a higher commission for selling a specific property, they're naturally going to steer potential buyers into looking at it.
If you're a seller, figuring out how to market your property can be very tricky. With more than a four year supply of inventory on the market, you'll likely be losing a lot of money on taxes, maintenance fees, and mortgage payments before you sell your house. Not to mention all the heartburn in the long frustrating process. In a market like this it is often best to "price to sell", use an agent, and give the agent some additional motivation to sell it.
Good luck with whatever you decide to do....
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