Customer question: Is any special designation given to an flat-fee MLS listings on the MLS that essentially singles it out as a FSBO?
A. No, there is not any special designation that singles out flat-fee MLS listings, listed on the MLS. Actually, quiet the opposite. The NAR’s (National Association of Realtors) policy on flat-fee MLS Realtors is “0” discrimination tolerance. Local boards have been instructed by the NAR that they can not discriminate against flat-fee MLS brokers, its violates federal trade laws. Realtors do not care if you are trying to sell your home on your own, as long as you are offering them a commission, for bringing you are buyer. They know that statistics are in their favor, that they will locate a buyer, first. Q. Customer question: If I use your flat-fee MLS service you say I agree to pay a buyer’s broker “2-3%.” Who determines whether the fee is 2% versus 3%. It seems logical to me that if I am publicizing that I will pay 3%, then that is what I will pay because I have agreed to it and no buyer’s broker would agree to take less than the max agreed to. What am I misunderstanding. A. You set t
Related Questions
- Customer question: Is any special designation given to an flat-fee MLS listings on the MLS that essentially singles it out as a FSBO?
- Is any special designation given to a limited service MLS listing that essentially singles it out as a FSBO (For Sale By Owner)?
- Is any special designation given to an flat-fee MLS listings on the MLS?
