Flat Fee MLS Listing
GET THE SAME RESULTS FOR A FRACTION OF THE COST
Real estate agents in Michigan typically charge sellers 6% commission to list a property on the MLS (3% goes to the listing agent – 3% goes to the buyer’s agent). A $300,000 property can cost the seller a whopping $18,000 in commissions. With our Flat Fee MLS Listing options, you pay a small flat fee instead of the 3% listing commission.
WE PUT YOU IN CONTROL OF YOUR LISTING
You choose the type of listing and features that work best for you (Do-It-Yourself or Full Service) and you choose how much commission you want to offer a buyer’s agent.
You SAVE THOUSANDS and keep more of your hard earned equity.
WHAT IS A FLAT FEE MLS LISTING?
A Flat Fee MLS Listing is just as the name implies. Instead of paying the listing agent a commission at closing, the seller pays a flat fee upfront.
NOT ALL COMPANIES THAT OFFER FLAT FEE MLS LISTINGS ARE WHAT THEY SEEM
Beware of companies that are located outside of Michigan but offer listings in Michigan and other states. These companies charge you for the listing but then they must refer your listing to an agent that is licensed in the state of Michigan who can list it on the local MLS. You have no idea who your listing will be referred to or what kind of service you will be getting from that agent. We are not a referral service. You deal with us directly from listing to closing. We only list properties in the state of Michigan where we are licensed.
Most Flat Fee MLS Listing companies do not offer full service listings and the ones that do typically charge a listing commission at closing in addition to the flat fee. We offer both Do-It-Yourself listing options and Full Service listing options with no commission paid to us at closing for listing the property. With our Full Service listing option we do almost everything a traditional agent does for a fraction of the cost.
THINGS TO CONSIDER BEFORE CHOOSING A FLAT FEE MLS LISTING SERVICE:
- Where is the company located? If they are not located and licensed in Michigan, they cannot list your property on the local MLS in Michigan. They must refer your listing to a licensed broker in Michigan.
- Do they offer Full Service Listings? If not, you will be responsible for all the duties required to sell your property once it’s listed on the MLS. This is likely one of the largest transactions of your life. It is extremely important to be familiar with the laws and the process or to have someone with experience assisting you.
- How much experience do they have?
- Are they members of the National Association of Realtors and Michigan Realtors?
- Is their website easy to navigate and informative?
- Do they have an online presence?
- Do they have good reviews on reliable sources other than their own website like Google and Zillow?
Modern Way Realty meets all of the above criteria and more!
If you have any questions or need additional information, please feel free to CONTACT US. We are available 7 days a week to assist you.
ARE FLAT FEE MLS LISTINGS LEGAL?
We actually get this question a lot and the answer is YES! There is NO law or regulation in Michigan that says Realtors must charge a 6% commission or any set amount to list a property. What an agent charges to list a property is completely up to the owner/broker. Flat Fee MLS Listings may be new to some but they have actually been around for well over 20 years. With the increasing use of the internet, Flat Fee MLS Listings have become more and more popular over the last several years.
Watch this short video clip from an episode of 60 Minutes that aired back in 2010 about Flat Fee MLS Listings.
WHY SHOULD YOU LIST WITH US?
- We are not a referral service. You deal with us directly from listing to closing.
- You choose the type of listing (Do-It-Yourself or Full Service) with the features that work best for you.
- You choose how much you want to offer a buyer’s agent.
- Your property is listed on the MLS and hundreds of websites including Realtor.com and Zillow.
- Your listing is exposed to thousands of potential buyers everyday.
- YOU SAVE THOUSANDS!
Most listing agents will do little more to market your property for sale than list it on the MLS.
WHY PAY 6% IN COMMISSIONS WHEN YOU CAN GET THE SAME RESULTS FOR MUCH LESS?
Listing Term | 6 Months | 6 Months | 6 Months | 6 Months |
Photos | Up to 10 | Up to 40 | Up to 40 | Up to 40 |
Cancel Anytime | ||||
Listed on Michigan MLS | ||||
Realtor.com, Zillow & 100’s More | ||||
Choose Buyer Agent Commission | ||||
List For Sale or Rent/Lease | ||||
Real Estate Forms & Disclosures | ||||
Manage Your Listing 24/7 | ||||
100% Paperless | ||||
Listing Within 24 Hours | ||||
Personal Property Page | ||||
ShowingTime Setup | ||||
Additional Listing Tools | ||||
Closing Costs Calculator | ||||
Unlimited Price Changes | ||||
Listing to Closing Assistance | ||||
Dedicated Agent | ||||
Agent Phone/Email Support | ||||
Offer/Contract Review | ||||
Negotiate/Process Offer | ||||
Electronic Contract Signatures | ||||
Order/Review Title Work | ||||
Coordinate Sale to Closing | ||||
Review Closing Statement | ||||
Comparable Market Analysis¹ | ||||
Add a Video/Virtual Tour to MLS | ||||
Add Unlimited Open Houses to MLS | ||||
Unlimited Listing Changes² |
Comparable Market Analysis not available for Properties listed For Rent/Lease.¹
Unlimited Listing Changes do not include photo changes.²
HAVE QUESTIONS? CONTACT US
We are available to assist you 7 days a week.
OUR COMPANY
Modern Way Realty, LLC | Michigan License #6505410245
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