For sale by owner

6 Replies

@Brian Dean Flat fee MLS businesses are run through Realtors who are willing to provide limited services for a low fee. The downside is that many Realtors wont 'work' these listings unless the listing is specifically requested by a buyer they are representing. Although they are usually offered the customary 3% buyer's agent fee, they feel that with the very limited involvement of the listing broker they will be doing twice the work.

Also please realize that to get any traction on MLS you will have to offer the buyer's broker 3%. So your savings will be the difference between 6% and the sum of 3% plus the cost of the flat fee listing.

This post has been removed.

Thank you for the info. I did a little more reading and called the customer service for (for sale by owner flat rate MLS) and found out that a broker is involved.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

Lock We hate spam just as much as you

Create Lasting Wealth Through Real Estate

Join the millions of people achieving financial freedom through the power of real estate investing

Start here