Friday, July 16, 2010

How do I get my For Sale by Owner house on the MLS (multiple listing service) without using a realtor?

Try this! http://mlscountry.com/How do I get my For Sale by Owner house on the MLS (multiple listing service) without using a realtor?
If you go to the ';Computers and Internet'; section of YA, and scroll down to ';Security';. Ask this question in that forum and I'm sure someone could tell you how to hack into the MLS system.





Anyhow..... that's how you could get your FSBO house on the MLS without using a Realtor.How do I get my For Sale by Owner house on the MLS (multiple listing service) without using a realtor?
There is a FSBO website, I do believe. I could be wrong. FSBO is getting more and more popular.
To my knowledge this is not possible. However, you can always call the MLS and ask them. I've never heard of a FISBO ever being listed in the MLS. It is just for realtors.
In order to list something on MLS, you have to be a broker. However, the brokers commission is broken up into two halves, the portion paid to the buyers broker, and the portion paid to the sellers broker. You can list with brokers who will reduce what they charge you on the sellers side, but make sure you understand what they'll give you for that. You can also list on non-MLS sites, but your audience will be a lot smaller.
The MLS is a membership kind of thing. And only licensed brokers can belong to MLS services. Sorry.





There are lower cost (flat fee or a smaller percentage) agents/brokers who will do minimal work for you but will list you in the MLS. You need to seek someone out who is local to you.
There is a website called '; for sale by owner'; that will do exactly what you are looking for. You pay a small listing fee, instead of 3% or more of the value of the house. You can get there with this link. http://www.lduhtrp.net/image-2177451-6272650
The MLS is maintained by Realtors. If you put it on the MLS, you will be dealing with an agent eventually. In most cases, there's a rule that to place a listing on the MLS, you have to offer some sort of compensation to another agent.


Are you prepared to offer money to another agent? Are you prepared to sit across from an agent at closing?


So even if you find a flat fee broker who will list it for you, your still going have to think about how much you'll pay an agent if they bring you a buyer. If you offer too little, the only thing the MLS will gain you is exposure on a couple of sites and Realtor.com. (which won't sell your home in itself).


Find out what is everyone else is offering in your area and what flat rate services there will cost you. Do yourself a favor and also how much more it would cost to get full service real estate. It's not as expensive as you think.
What are you going to offer by way of commission? If it's not a decent rate then realtors are not going to show your home to anyone.

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