How to get into MLS Listings

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Services for Real Estate Pros with Franchase

The main reason why people become FSBO sellers is financial. The usual commission rate of an agent is 6%. For example, if your house is worth $300,000, the agent will get his $18,000. The sum isn’t small at all. But still others prefer hiring real estate agents. Why?

Such people think that only with help of brokers they can place their houses into MLS, a special directory of homes for sale. But in fact you can do it yourself.

As a rule, you will have to pay a flat fee for the listing. The fees are always much lower than realtor’s commissions.

But with the appearance of the Internet and its wide expansion, most buyers (about 75%) start their searching on the web. It means that you’d rather have an internet ad for your property on sale on special FSBO sites than have your property listed in MLS.

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Rainer
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David North
Coldwell Banker Bain - Duvall, WA
for a rewarding real estate experience

I am supportive of sellers who prefer to skip agent commissions.  It is important for sellers to be confident that they have made the best possible decision, considering their goals and circumstances, to get the most money out of their house.

About 20% of my listings come from sellers who have found that route to be ineffective.  I continue to be supportive of them at that stage, too.

What's great about the free enterprise system is choice among different competing providers and models of service.  For some, skipping commissions seems the best way to pocket more money from a sale, and for others exposing their property to a wider market of buyers seems the best way.  Wouldn't it be ridiculous if they couldn't have the opportunity to make an informed choice between your suggested sales approach, my preferred sales approach, and the countless other sales approaches available in the current market?

Mar 31, 2010 10:19 AM #1
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Rainer
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Nelly Korbut

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