Profile picture for mfaydlett

What is the best most cost effective way to do a MLS listing on my house if I plan on selling it mys

  • October 17 2013 - US
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Answers (9)

Best Answer

Profile picture for CallTheSisters
No one can really give you a definitive answer on real estate appraisers.  We are from different parts of the country.

I have never seen it happen - but that's my market. 

If you do not want to work with a Realtor why do you want to use their site to advertise your property?  If a buyers agent has an interested buyer are you willing to pay the buyers agent?

Not to be accused of fear tactics but, if you do not plan on cooperating with a buyers agent you are wasting whatever money you invest paying a flat fee broker to list it for you.

  • October 17 2013
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Profile picture for CallTheSisters
You did not strike a nerve.  If you read some of the posts out here you'd be amazed how many folks going FSBO think they can make the buyer pay for the buyers agent.  Or they want to give the buyers agent 2/3 less. 

One posted recently that the buyers who looked at his house had also looked at what he considered to be a lesser house priced $5,000 more than his.  His logic was he was offering a deal and the buyer should be willing to pay their own agent.

I never know why the MLS question is being asked.  It is sometimes not apparent until other dialog takes place on the thread.
  • October 17 2013
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Profile picture for mfaydlett
Hey Sisters, did'nt mean to strike a nerve. To answer your questions, the MLS would reach all the buyers agents that have a client in my price range, our c&r restricts us from any kind of sinage in our yards other than "available", and our local paper is expensive and ineffective. I sold my last house FSBO and offered 2.5 % to any buyers agent. Sold it in a few months at around 92% asking price, this was 2010. All parties involved were happy, I belive the agent had only sold 1 other house that year. I also wanted to mention that anyone "not cooperating" ( within reason)with the buyers agent, would be shooting themselves in the foot. Hope you have a great day and weekend.  MA
  • October 17 2013
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Profile picture for mfaydlett
All good, usefull information. Thanks for the positive spin, I really thought this would end up being a platform for RE agents to poke their chests out and instill whatever fear tactic they could to shooo away FSBO questions. Good job ladies and gentlemen. One addition to consider to all the answers, I read that some appraisers list their own houses for sale and are not RE agents.  TRUE OR FALSE?  Many thanks,  Mark A.
  • October 17 2013
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Profile picture for MLS4owners
It depends on where you are located, so you will want someone who is a member of your local multiple listing service.  The Reeces mentioned some options in Washington.  If you are in a different state you will want to find a member of the MLS in your town.  The repeated claims that no "online site" can put you in an MLS are false; in fact, virtually every member of your local multiple listing service has a website, many brokers conduct much of their business online, and according to the National Association of REALTORS most buyers start their home search online.
  • October 17 2013
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It depends on where you are located.  In the Seattle area there are a number of brokers that will list your home on the MLS for a flat fee or will offer different levels of service for different fee structures. Redfin, mysecretagent and mls4owners are a few of them.  

For some unsolicited advice, if you are going to do it yourself be sure to take great pictures and to price your home appropriately.  When I see homes listed by the above mentioned agencies I am often surprised at what the seller has put up as pictures and/or price.  

Best of luck!
  • October 17 2013
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Profile picture for Dunes ..
If the only service you want is to be listed on your local MLS then you could use use a Flat Fee Realtor ($200-$500)..not that difficult or expensive a matter to deal with


  The Flat Fee/Fee for Service/Option is offered by Realtors belonging to the National Association of Realtors who operate under the same Code of Ethics Realtors often say is important and one of the  main reasons consumers should use a Realtor....




Remember Realtors/Agents/Agencies are selling services so a lot of the smack talk on RE Sites is just what they consider clever/good marketing..lot of agents compared to the # of sales so the competition for business is high

There are usually local Agents/Agencies that provide Flat Fee packages, various options, arrangements so I would suggest you look at local ads, shop around, call around & use a Local Realtor/Agency if you decide to get on your local MLS
Keep the money in the local economy, have a face to talk to, better communication..
and
Here's what the Dept. of Justice Anti-Trust web site says

"In many parts of the country, the traditional full-service real estate broker now faces competition from a variety of real estate brokerage models, many of which use the Internet to reduce costs:"

Fee-for-Service Arrangements

"Brokers willing to sell a subset of real estate brokerage services, often called fee-for-service brokers, have emerged throughout the country. Fee-for-service brokers "unbundle" the package of real estate services typically offered by traditional full-service real estate brokers and charge a set or hourly fee for specific services, such as listing the house in the MLS, negotiating or closing contracts, and pricing the home. These brokerage models typically enable consumers to save thousands of dollars by allowing them to purchase only those services they want."

Competing models of real estate brokerage

Good Luck
  • October 17 2013
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The only people that can put you on a MLS are Realtors since they own the MLS systems around the country. No online site can get you on a MLS system.
  • October 17 2013
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Profile picture for Neeraj Jassal
You can probably find a discount or limited service broker who will place your property on your local MLS but not perform other services.

And, you can place it as For Sale By Owner on Zillow (but Zillow will not get your MLS access)
  • October 17 2013
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