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Flat Fee MLS
by web master - Saturday, 23 January 2010, 04:41 PM
  Paying a flat fee for an MLS listing means more equity in your pocket! All the advantages associated with an MLS listing will be available to you at a fraction of the cost. As a result, there will be no additional listing fees owed specifically to your listing broker.

Typically, those fees run from 2.5% to 3.5% of the selling price, and are normally paid to the Listing Broker at closing. Since lower fees means more equity in your pocket, Flat fee MLS could save you, the seller, thousands of dollars in commissions.

The flat fee that you pay replaces the much higher listing fee, usually 2.5% to 3.5% of the sales price, that you otherwise would pay if you were using a full service Listing Broker in your local area. As a result, you will not pay additional fees that are typically based on the contract selling price.

You will, however, be required to pay a Cooperating Brokerage fee, usually between 1.5 to 3.5 percent, stated as a percentage of the total purchase price. The title agent conducting your closing will be be instructed, pursuant to your purchase and sales agreement (or listing agreement), to disburse any fees due to the Cooperating Broker.

Multiple properties may be listed using a single user name and password. Therefore, using our website is ideal for anyone who needs to list more than one property, either at first or at a later date. Just Remember! Once listed in the MLS, your property becomes available for other Realtors to show.You agree to show your property at your convenience.

Florida Flat fee MLS