All Forum Posts by: Jorge Zea

Use a flat fee MLS service. We don't Cover WV unfortunately.

Make sure you deal with a Broker directly and that they are properly licensed in WV ... do not use a referral service and be worry if website doesn't display the company/broker name and license info.

Strongly suggest the Flat Fee MLS listing service as suggested by @Samuel Awosolu - make sure you use a listings service directly by a broker and not a referral service. You should not pay more than $99 - Very Effective. I suggest using: www.snapflatfee.com

@Paul Donoghue, can I ask who do you use in MA as a Flat Fee listing service?

Correct.

NO Realtor = No MLS. The way to work around it is to use a Flat Fee MLS service. You only will have to pay whatever commission you offer to the buyer's agent.

Flat Fee MLS is the best option; you get the fastest result without all the solicitation calls that may come in when listed strictly FSBO

If you go with a Flat Fee service technically it will not be a FSBO but a listing of that agent. Nevertheless in practice you will handle the transaction as a FSBO. If you really want to sell it fast, you need to be on the MLS and avoid as @Percy N. so correctly states. I have a case where an owners listed in FSBo in Zillow and craigslist.He counted and the first day he got 72 solicitation calls (not only form Realtors, but from Movers, Roofers, Packers, Cleaners, etc.).

Use a Flat Fee service and all of these will go away.

Use a licensed broker in your state that has good genuine reviews and a track record. Verify the license and (my opinion) NEVER use a referral service (most of the ones out there are referral services and you loose control. Make sure there is only ONE flat fee and no hidden commissions at closing.

Hi Rita,

Nice to see you on BP. You are doing the correct thing. BP will fill you with a lot of useful information. I am a regular around here and I am your listing agent by the way (Flat Fee). We appreciate your business.

Good Luck!

Best strategy and most effective way for a fast sale is to get onto the MLS. Use a flat fee MLS service. They will charge a flat fee for listing the property in the local MLS, Realtor.com, Trulia, Zillow, etc (huge exposure). You must offer a commission to buyer's agent ... we still see the market stuck in the antiquated % commission. Look at your market and offer something on par to the normal commissions offered around you. Make sure your listing company is a local (in your state) licensed broker and not a referral service.

Just Google Flat Fee MLS and you should get some. We aren't licensed in PA so can't help on this one. Only Licensed in CA, FL, MA and CT.

Listing it through a Flat Fee MLS listing service and saving at least half of the commission is a must for investors and flippers, rehabbers and wholesalers ... (and everybody in my opinion). Paying Full commission makes no sense and kills your cash on cash return. Commissions are calculated base on the full sale price but they come out directly from your equity.

Always deal with direct brokers fully licensed in your state and do not use referral services. You should be able to find a good reputable Flat Fee Broker for around $200.

I agree with @Jeff Smith. A Flat Fee MLS listing will save you at least one side of the commission while getting the MLS exposure that is a MUST for a fast sale. Remember that the 3% that you are saving is calculated on the entire sale price but it comes out directly of your equity. It KILLS your cash on cash. That is probably your biggest cost (and with the Entry Only or Flat Fee listing you are saving it.

Good Luck!