do flat fee mls listings work?

Written by: Ronald L. Miranda   Updated January 4, 2023
TexasMLSBroker.com, Broker & CEO ​

Do Flat Fee MLS Listings Work? The Truth from a Texas Broker with 10 Years of Experience
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As the owner of TexasMLSBroker.com, a flat fee MLS listing service, I understand the skepticism that many homeowners have when considering this type of listing option. After all, traditional real estate agents often charge a commission that can be as high as 6% of the sale price of a home. So, can flat fee MLS listings really work? The answer is a resounding yes.
First, let's define what a flat fee MLS listing is. Essentially, it means that instead of paying a commission to a traditional real estate agent, the homeowner pays a flat fee to have their home listed on the Multiple Listing Service (MLS). This fee can range anywhere from a few hundred dollars to a few thousand dollars, depending on the service being offered.

So, why would a homeowner choose a flat fee MLS listing over a traditional listing?

There are a few reasons:

1. Savings: The most obvious reason is that flat fee MLS listings can save homeowners thousands of dollars in commission fees. This money can be used to make repairs or upgrades to the home, or it can simply be put towards the next purchase.
2. Control: With a flat fee MLS listing, the homeowner retains more control over the sale of their home. They can set their own asking price, show the home to potential buyers, and negotiate offers.
3. Exposure: Just because a homeowner is paying a flat fee instead of a commission, doesn't mean their home won't get the same level of exposure. The home will still be listed on the MLS, which is the primary platform used by real estate agents to find homes for their clients.

As a brokerage with 10 years of real world knowledge and experience, we have helped many homeowners successfully sell their homes through flat fee MLS listings. In fact, our listings have sold for an average of 96% of the asking price, which is on par with traditional listings.

It's important to note that flat fee MLS listings may not be the right option for every homeowner. For example, if a homeowner is not comfortable showing their own home or negotiating offers, then a traditional listing may be a better option. However, for homeowners who are willing to take on a bit more responsibility, a flat fee MLS listing can be a great way to save money while still getting the exposure and control they need to sell their home.
www.texasmlsbroker.com
At TexasMLSBroker.com, we offer a variety of flat fee MLS listing packages to fit the needs of every homeowner. Our listing broker can work with you to determine the best package for your home and your needs.

To schedule an appointment with our listing broker, please call 210-201-6250 or visit our website at TexasMLSBroker.com.