How will I “Save Thousands” by ordering the MLS option?
There are two ways to save when you list your home on the MLS. The first illustration assumes that you list your property with a MLS Lion Flat Fee MLS member. Under this example, let’s assume your home sells for $200,000 and that you paid $499.00 for the MLS listing package. Your commission would be $6,000.00 plus our $499.00 fee, for a total of $6,499.00. This is calculated as follows: $200,000 X 3% = $6,000 paid at closing and our fee of $499.00 (paid at time of listing). Now, lets compare the savings if you listed your home with a traditional broker for 6%. The commission on a $200,000 sale with a 6% commission rate would be $12,000 ($200,000 X 6% = $12,000). Under this scenario, your savings selling with a MLS Lion member broker would be calculated like this: $12,000 – $6,499.00 = $5,501. Under scenario #1, your savings would be $5,501.00!
