NoStressMLS
Flat Fee MLS Listing Service
Flat Fee MLS - 2/2

The traditional non-flat fee arrangement provides for the "listing broker" to receive, from the owner, an agreed upon commission of, say 6% if the property is sold to anyone, by anyone, during the term of the listing agreement (e.g. 6 months). If a broker other than the "listing broker" finds the buyer, the "listing broker" compensates that broker—usually 50% of the "listing broker's" commission for that broker's services. The owner, upon the sale of the property, pays the "listing broker" 6% of the selling price, and the "listing broker", in turn, compensates the "buyer's broker" with 3%.

In the flat fee MLS model, the "listing broker" retains no commission for listing the property—only a one-time up-front fee. The owner's potential financial obligation then is simply the compensation, determined by the owner and published in the MLS listing (e.g., 3%), designated for any MLS member broker who brings an offer the owner accepts. Once again, if the property is sold without the involvement of a buyer's broker, the total commission due on the sale is 0%.

* Our Company does not offer buyer representation services to individuals who contact us about any of our Flat Fee MLS listed properties.

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