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Comprehensive Real Estate FAQs for Flat Fee MLS Listings

Discover the answers to your pressing real estate FAQs about Flat Fee MLS Listings. Our service offers unparalleled transparency and expert guidance, ensuring your property gets the visibility it deserves. With our comprehensive resource, you’ll find everything you need to successfully list your property. For further assistance, we’re just a call or email away!

 

Listing on (MLS) can raise questions? Here are frequently asked questions that will help you with any concerns, If you have any other questions, not listed here, feel free to send an email or call.

  • Do I need to list my home on the MLS to sell it?
    Homes do sell that aren't on the MLS, but it takes significantly more work. Over 90 percent of buyers start their search on the Internet, and over 80 percent of agents utilize the MLS to stay up to date with what is on the market. When considering these statistics, the MLS stands out as undoubtedly the best way to get your home in front of potential buyers, especially those buyers who are working with the 2,500+ agents in the Detroit metro area. The bottom line is an MLS listing gives your home the exposure and placement necessary to be found by motivated agents and buyers, not to mention reducing its time on the market by weeks or months.
  • Does the Simple Fee package include holding an open house?
    Unfortunately, it does not. Based on our data, open houses are not an effective way to sell a home in the 21st century. They are mainly used for agents to get new buyer clients. Today, buyers are no longer attending open houses; instead, they scour over property listings on the internet. Once they find listings that appeal to them, they either call the listing agent or their buyer agent and schedule an appointment.
  • How can Simple Fee Listings charge less than other firms?
    Thanks to improvements in technology, all real estate agents are much more efficient today than they were 5 years ago and significantly more efficient than they were 20 years ago. It takes much less time for an agent to assist in a transaction today than it did in the past. Despite these improvements in efficiency and reduction in time, real estate agents have not changed their pricing models. Most agents charge the same fees today that they did 20 years ago. Most charge a commission of 6% of the sales price. In terms of real dollars, they are actually charging more today than 20 years ago because property values appreciated substantially over that same time period. Simple Fee Listings leverages these technological advancements to offer a more cost-effective service.
  • Do I deal with a real person or is this just an online service?
    Yes! We will personally visit you and your home and be available 24/7 should you have any questions or need assistance filling out forms, taking pictures, measuring rooms, etc. Our $249.00 MLS Entry Only is strictly an online service, but we will still be there to help.
  • Will agents from other firms still show my property if I list with Flat Fee?
    If a property meets an agent's buyer's crtieria then they will want to show them the property in the hopes of getting paid. A buyer's agent does not get paid unless their client finds a home to purchase. Agents also have a legal obligation to look out for the best interest of their client and to put the client's interest above their own, so if the buyer likes the property... then they have a legal obligation to show them.
  • Are there any hidden fees?
    There are no hidden fees! There are no hidden fees! There are no hidden fees!
  • What is the MLS (Multiple Listings Service)?
    The Multiple Listings Service (MLS) is a database of real estate & statistics that is set up by a group of cooperating real estate brokers. The MLS provides accurate and structured information about properties available for sale and is the most popular way that buyers, sellers and agents find available homes for sale in their target market.
  • Do I need to list my home on the MLS to sell it?
    Homes do sell that aren't on the MLS, but it takes significantly more work. Over 90 percent of buyers start their search on the Internet, and over 80 percent of agents utilize the MLS to stay up to date with what is on the market. When considering these statistics, the MLS stands out as undoubtedly the best way to get your home in front of potential buyers, especially those buyers who are working with the 2,500+ agents in the Detroit metro area. The bottom line is an MLS listing gives your home the exposure and placement necessary to be found by motivated agents and buyers, not to mention reducing its time on the market by weeks or months.
  • Does the Simple Fee package include holding an open house?
    Unfortunately, it does not. Based on our data, open houses are not an effective way to sell a home in the 21st century. They are mainly used for agents to get new buyer clients. Today, buyers are no longer attending open houses; instead, they scour over property listings on the internet. Once they find listings that appeal to them, they either call the listing agent or their buyer agent and schedule an appointment.
  • How can Simple Fee Listings charge less than other firms?
    Thanks to improvements in technology, all real estate agents are much more efficient today than they were 5 years ago and significantly more efficient than they were 20 years ago. It takes much less time for an agent to assist in a transaction today than it did in the past. Despite these improvements in efficiency and reduction in time, real estate agents have not changed their pricing models. Most agents charge the same fees today that they did 20 years ago. Most charge a commission of 6% of the sales price. In terms of real dollars, they are actually charging more today than 20 years ago because property values appreciated substantially over that same time period. Simple Fee Listings leverages these technological advancements to offer a more cost-effective service.
  • Do I deal with a real person or is this just an online service?
    Yes! We will personally visit you and your home and be available 24/7 should you have any questions or need assistance filling out forms, taking pictures, measuring rooms, etc. Our $249.00 MLS Entry Only is strictly an online service, but we will still be there to help.
  • Will agents from other firms still show my property if I list with Flat Fee?
    If a property meets an agent's buyer's crtieria then they will want to show them the property in the hopes of getting paid. A buyer's agent does not get paid unless their client finds a home to purchase. Agents also have a legal obligation to look out for the best interest of their client and to put the client's interest above their own, so if the buyer likes the property... then they have a legal obligation to show them.
  • Are there any hidden fees?
    There are no hidden fees! There are no hidden fees! There are no hidden fees!
  • What is the MLS (Multiple Listings Service)?
    The Multiple Listings Service (MLS) is a database of real estate & statistics that is set up by a group of cooperating real estate brokers. The MLS provides accurate and structured information about properties available for sale and is the most popular way that buyers, sellers and agents find available homes for sale in their target market.
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