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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 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:
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.
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Written by: Ronald L. Miranda Updated January 4, 2023 TexasMLSBroker.com, Broker & CEO When it comes to selling your property in Texas, one of the biggest decisions you'll have to make is whether to work with a realtor or to go the for-sale-by-owner (FSBO) route. If you decide to work with a realtor, one of the most important things to consider is the commission fee that they will charge. Many sellers wonder if these fees are negotiable, and the short answer is yes, they are. In Texas, realtor fees are typically between 2-3% of the sale price of the property. This commission is typically split between the listing agent and the buyer's agent. However, it's important to note that these fees are not set in stone and can be negotiated. Many realtors will be willing to negotiate their commission fee, especially if they are facing a lot of competition in the area or if the property is priced lower than average. Some realtors may even be willing to lower their fee to 1.5% or even 1% in order to win your business. It's also worth noting that some realtors may offer a lower commission fee for certain services. For example, they may offer a lower fee if you agree to work with them for a longer period of time or if you agree to use their preferred home inspector or staging company. Before you start negotiating with a realtor, it's important to do your research and have a good understanding of the local real estate market. This will help you to determine what a fair commission fee would be and to identify any red flags. It's also important to be upfront and clear about what services you are looking for and what your budget is. Another way to save money on commission fees is to work with a flat-fee MLS listing service like TexasMLSBroker.com. With a flat-fee MLS listing service, you'll pay a set rate to list your home on the local MLS, without having to pay the high commission fees associated with traditional real estate agents. In conclusion, realtor fees in Texas are negotiable, and it's worth discussing this with a realtor before signing any contract. However, it's essential to do your research and have a clear understanding of the local market and your own needs. Additionally, flat-fee MLS listing service like TexasMLSBroker.com can be a great option to save money on commission fees while still getting the support and service you need. Call (210)201-6250 to get started. |
Ron L. MirandaWhen it comes to flat fee MLS listing services, Ron L. Miranda is the leader in the industry. With 10 plus years of experience, multiple certifications, advanced education, and awards and recognition for outstanding service, Ron L. Miranda has helped save sellers nearly $24 million dollars in listing fees through the successful listing of over 3000 homes. Contact Ron L. Miranda today to learn more about his flat fee MLS listing services and how he can help you achieve your real estate goals. ArchivesCategories |
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