Miscellaneous

What You Need to Know About Flat Fee MLS Programs

flat fee MLS

Flat Fee MLS Listing plans are when you pay a one-time fee to a brokerage to get your property listed on hundreds of sites, including us at Xome.

What’s an MLS?

There are over 950 Multiple Listing Services (MLS) across the United States, with many overlapping in geographical coverage. Popular national sites like Zillow or Redfin work to combine MLS feeds they have access to, so they can provide a great search experience to their users.

MLS services are also real estate agents’ go-to tool for finding properties. So if they are looking for a property for their buyer, they’re most definitely looking at places on the MLS. This will be where they steer their buyers to search as well. So,

What Are the Advantages of a Flat Fee MLS Listing Package?

For anyone going the DIY route, getting exposure on their property is a must. The flat fee plans are cheap in comparison to commissions you’d have to pay a realtor. Flat fee packages range from $300-600 depending on the provider. If you’re in a seller’s market this is almost a must.

Think about paying this one-time fee as part of actively marketing your property. You can spend plenty on other advertising avenues, whether it be social media, newspaper ads or online ads. However, the cost for exposure of being listed on MLS services is almost second to none.

If you’re on the fence or have questions regarding which is the best way for you to advertise your home don’t hesitate to reach out to us directly. We’d be glad to help you figure out which route is best for you to take with your property.

This post originally appeared on 4salebyowner.com

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