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MLS FLAT FEE LISTING - $349

FREQUENTLY ASKED QUESTIONS
ABOUT OUR FLAT FEE MLS LISTING SERVICE

  1. Why Is Your Service So Inexpensive?
  2. What Is Your Money-Back Guarantee and What Are Affiliated FSBO Realtors™ ?
  3. Do I Have to Tell You When I Have A Contract or When I Have Sold My Home?
  4. Who Sets the Commission a Buyer's Broker Can Get?
  5. How Do I Target Just Consumers, not Brokers?
  6. How Do I Get My Listing On Your Homepage and Picture on Your Gallery?
  7. What Should I Do with My FSBO Yard Sign?
  8. Should I Get A Lawyer To Help Me?
  9. Who Will Negotiate My Contract?
  10. Who Are The FSBO Lawyers™?
  11. How Else Can I Save Expenses?
  12. What Must I Do When I Get an Offer?
  13. What Rules Am I Subject to When My Listing Goes on the MLS?
  14. Why Won't Brokers Boycott Me?
  15. How Do I Pay For Your Service?
  16. Can I Have a Featured Listing on Realtor.com?
  17. Do You Take Credit Cards?
  18. Why Don't You Use the Mails?
  19. Why Don't You Advertise?
  20. Can I Have a Personal Referral?
  21. What If I Move, What Happens Then?
  22. What Is An Exclusive Real Estate Listing?
  23. Why Don't You Use Exclusive Listing Contracts Like Other FSBO Brokers Do?
  24. Can I Have a Discount, I Spent Money on Ads?
  25. Where Will My Phone Number Appear?
  26. What Will Realtor.com Show?
  27. What If I Need To Sell A House In Another State?
  28. When Will My Listing Be Available to the General Public?
  29. How Do I Get A Virtual Tour?
  30. When Will My Picture Appear?
  31. Who Holds the Earnest Money Deposit?

Why Is Your Service So Inexpensive?

 

That is simple. We don't advertise and don't use the mails. Sure a lot of people never hear of our service but for those who do it means saving hundreds if not thousands of dollars. We don't agree with corporate America that our customers should subsidize advertising costs.
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What Is Your Money-Back Guarantee and What Are Affiliated FSBO Realtors™?

Our Money-Back Guarantee takes effect if for any reason, such as you have moved out of town, you require a full-commission broker to do your showings. If circumstances arise such that you need to list your home with a full-commission brokerage firm the Guarantee comes into play. If we referred you to a full-commission broker who is an Affiliated FSBO Realtor™ and he or she sells your home then at the closing of your sale the commission earned by the Affiliated FSBO Realtor™ will be reduced by the listing fee you paid us and reimbursed to you. In effect your listing with us is totally risk-free. Many have asked why we can do this. It is because we know our program works. Our Affiliated FSBO Realtor™ network includes well-known real estate brokerage firms throughout the country. You may use one of them or if you wish simply pick one of your own choice and then let us make the referral for you. In either event the Guarantee comes into effect.

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Do I Have to Tell You When I Have A Contract or When I Have Sold My Home?

Yes and Yes. The reason is that the MLS Rules require both. And the MLS Rules also require that a listing be changed when the contingency in a contract is satisfied. A contingent contract is present in 99.99% of real estate contracts. Typical contingencies are the receipt of a mortgage, your attorney's review and approval of the contract, the sale of the buyer's home, a property inspection, a 48-hour pre-closing inspection, or any other condition that can allow the buyer to not proceed to closing. The MLS requires that all such events be reported immediately or else there is an automatic fine--AUTOMATIC--of $100 with further continuing penalties if the $100 is not paid. The MLS Rules apply to everyone, every broker, every sales agent, every realtor, every home seller...everyone. Compliance is simple: just call us! We'll do the rest. For your information the MLS Rules are as follows:
"SECTION 10.4. REPORTING CHANGES OF STATUS AND CONTINGENCIES: There shall be a fine of $100.00 for failure to report contract pending, contingencies and deletion of contingency flags, and change of status of a listing if transferred to a different listing within 72 hours. Computer failure shall not be an excuse for such failure. The 72 hour requirement shall include weekends and holidays."
"SECTION 10.5. REPORTING PRICE CHANGES: There shall be a $100.00 fine for failure to report a price change within 72 hours. Computer failure shall not be an excuse for such failure. The 72-hour requirement shall include weekends and holidays."
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Who Sets the Commission A Buyer's Broker Can Get?

 

That is you. You tell the brokers in our Property Profile what commission it is that they will receive when their client buys your home. You set it. If you want our advice it is there for the asking. But one thing is now clear under the law. There is no such thing as a standard fee. That would be price-fixing. You are thus free to set any commission you wish. The only requirement is that the set commission is always reduced by $200 in order to defray the listing agent's closing expenses. Thus, if you set the buyer's broker commission at 2% and in your case that would be equal to $8,400, the buyer's broker would receive $8,200 at closing. Such allowances are customary.
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How Do I Target Just Consumers, not Brokers?

If you put in our Property Profile a commission less than 2% it will be hard to find a broker who would be willing to show your property to his or her client. Brokers are human and if he or she can earn $10,000 versus $5,000 when the client buys a home guess which one the broker will recommend. This of course is not appropriate behavior and in fact it violates the law. A realtor stands in a fiduciary relationship with his or her client and must always put the client's interest ahead of his own. That means if he finds home t