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what are my options for putting my home on MLS

  • March 08 2012 - Urbana
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Answers (5)

It is strongly advised to use MLS or in Atlanta FMLS as it maximizes your exposure for a quicker sale. It is also advised to have an appraisal completed on your home. This will show buyers that your home is priced right and will let them that your serious about selling your home.

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  • March 09 2012
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A full service broker/Realtor with a happy full service agent may mean getting full market value and more assertive marketing, with better followup. It can be like paying a little more for a proper car repair or having the cut rate garage do the work. Or the fast food restaurant vs, the better sit down joint vs the fancy and tasty place you go to less often but you love it when you do.
  • March 09 2012
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Profile picture for hpvanc
A flat fee minimum services broker or a brokerage that offers ala carte services would be your only option to place it on the MLS without engaging a full service brokerage.  Here is a google link for services in your area.  There is a complication of minimum brokerage services laws in Illinois. 

By the way that looks like a well kept, architecturally pleasing property in a great neighborhood.  I'm assuming that area still has a heavy concentration of U of I faculty, and is just far enough away from student housing to be peaceful? 

Good luck!
  • March 08 2012
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Profile picture for Dunes ..
From the U.S. Department of Justice

Other options available to consumers

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.

Learn more: Fee-for-Service Brokers

Rebates and Inducements

Some real estate brokers have increasingly begun to compete for customers by offering cash rebates or other inducements to home buyers and sellers. Rebates that go directly to buyers or sellers lower costs on both sides of the transaction. Cash rebates are usually calculated as some fraction of the broker's commission and can result in thousands of dollars being returned to the consumer.

Most consumers want to make as much money as possible on the sale of their home and spend no more than necessary when purchasing a home. In many cases, the standard broker's commission can offset a portion of the equity value that has been building up in a seller's home or push the price of a home beyond a buyer's purchasing power. Consumers who want to perform some of the steps involved in selling a home can reap significant financial savings by purchasing only those real estate brokerage services they actually want.

  • March 08 2012
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You would need to list your home with a real estate agent / broker that is a member of their local MLS. As MLS is a subscription based service, only subscribers (real estate agents) have access to posting on MLS.
  • March 08 2012
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