Real estate commission rebate and discovering more
This one time real estate commission fee system is known in the real estate industry as Flat Fee MLS (Multiple Listing Service) and allows the seller to list his home on the Multiple Listing Service and other public websites for a one time flat rate that is paid upfront when you list. You will still have to pay the buyer broker a real estate commission, but this amount is only a fraction of the commission you would be responsible for under the percentage system. And, if the buyer does not go through a broker, the flat rate will be your only real estate commission responsibility. It almost goes without saying that the flat rate real estate commission system is the most cost effective way to sell your home. You will also benefit from the same quality of service as you would if you were paying a percentage based real estate commission.