FOR SALE BY OWNER (FSBO)
By far the biggest reason sellers decide to sell their home For Sale by Owner rather than through a real estate agent is to avoid paying those hefty commissions. Real estate agents in Michigan typically charge 6% to list your property, 3% goes to the listing agent and the other 3% goes to the buyer’s agent. If you’re selling a property for $200,000, that’s a whopping $12,000 in commissions.
Selling For Sale by Owner requires the seller to do all their own marketing and advertising. This is the biggest disadvantage to the For Sale by Owner seller.
HOW DOES THE MLS BENEFIT THE SELLER?
The MLS (Multiple Listing Service) is a huge database of properties listed for sale used by real estate agents to share their listings with each other. Sellers can’t post their home directly to the MLS themselves, because access to this database is limited to licensed agents and brokers who pay regular dues for membership.
How can a seller get access to the largest number of buyers? By placing a sign in the yard and an ad on Zillow or Craigslist? OR by putting their property information into a database that is accessed by ALL the licensed agents and brokers in the area? The MLS feeds data directly to hundreds of websites nationally including Realtor.com, Zillow and Trulia as well as local Realtor websites like RE/MAX, Century 21 and Keller Williams. The MLS exposes a property to thousands of potential buyers everyday. No other form of marketing or advertising can give a property for sale more exposure than being listed on the MLS.
Statistics show that properties listed on the MLS sell faster and for more money than For Sale by Owner properties.
FLAT FEE LISTING
With our FLAT FEE LISTING, you pay a small flat fee instead of the 3% listing commission and you choose how much you want to offer a buyer’s agent. If your buyer doesn’t have an agent, you pay NO commission at all.
Our FLAT FEE LISTINGS combine For Sale by Owner with traditional listings so you get ALL the benefits and exposure of listing your property with a realtor on the MLS for a fraction of the cost.
SIGNING UP IS QUICK AND EASY.
LIST YOUR PROPERTY today and save yourself thousands!
HAVE QUESTIONS? CONTACT US
We are available to assist you 7 days a week.
FOR MORE INFORMATION SEE:
Flat Fee Listing
Flat Fee Listing FAQ
Flat Fee Listing Features & Benefits
Flat Fee Listing vs Traditional Listing
Flat Fee Listing vs For Sale by Owner
For Sale by Owner Agent Assistance