What is a Flat Fee listing?
Flat Fee listings are no different than any other listing. There is an upfront fee paid to our firm to input your listing into the MLS and all the places your listing will appear. We also perform other services such as photography, sign placement, measurements, etc, which are all included in our Flat Fee. A complete list of what we do is available.
What does MLS stand for and what does it mean?
Multiple Listing Service- A multiple listing service (MLS, also multiple listing system or multiple listings service) is a suite of services that enables real estate brokers to establish contractual offers of compensation (among brokers), facilitates cooperation with other broker participants, accumulates and disseminates information to enable appraisals, and is a facility for the orderly correlation and dissemination of listing information to better serve broker's clients, customers and the public.
What is a Buyer’s Agent Fee or Commission?
The fee you (the seller) pays to a real estate agent for bringing a ready, willing and able buyer. In addition to bringing the buyer, the Buyer’s Agent handles the bulk of the paper work required to close the transaction, by working with the Lender and attorney handling the closing.
What if I find a buyer for my property?
All you pay is $399… plus the .5% of the Sale Price(that’s just half of 1%) no other commission is paid to us. AS listing agents we are required to follow many laws and regulations once the property is listed, as well as reporting to the MLS. There are laws that protect the buyer, and if not followed you could become liable for not handling the transaction accordingly. The fee is a tiny fraction of what other firms charge for the peace of mind it brings.
If a call comes from the sign who answers it?
A qualified and fully-licensed Traffic Realty Agent.
Traffic Realty Flat Fee Listing FAQs:
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