One of the things you must think about when selling your home is whether or not you should hire a real estate agent or try to sell the home on your own. For those with a lot of experience in selling their home, the choice can be easy; they simply list it themselves through a flat-fee MLS service. Those with less experience or first-time sellers might wonder if this can work for them too, and it can.
Here are some reasons why you should consider using a flat-fee MLS listing service.
You Save Money
When you use a flat-fee MLS listing service, you will actually save money. When you hire a real estate agent, part of the money that you get from selling the home goes to the agent as a commission. This can be a lot of money that you could save by only using an agent to list your home on the MLS system instead of them carrying out all the details of selling the home.
Flat-rate MLS listing services charge you only a few hundred to list the home on the system instead of thousands that you would pay otherwise to an agent. While it will be up to you to do the work to sell the home, many sellers prefer that option because they receive more of the selling price than they would otherwise. If you are up for a challenge, it can be a great option for you.
You Have Complete Control Over The Transaction
When you use a flat-fee MLS listing service or agent, you retain complete control over the entire transaction. This means you get to stage your home how you like it, take the photographs and videos and post them where you want to, and conduct the showings and talk to potential buyers and their agents. You also negotiate on your own behalf, although if you like, you can pay for an agent to help with negotiations or help fill out paperwork.
Experienced buyers, and even those selling for the first time who don't like to give up control over the sale of their home to an agent, can sell their home their way with less hassle of working with a full-service agent.
You Can Cancel Your Listing At Any Time
When you work with a real estate agent, you will have a contract that dictates how long a listing can be. If something changes and you decide you no longer wish to sell the home, or if you need to make changes to the price or just need to cancel the listing for whatever reason, that contract can prevent you from doing so. If you are able to cancel the listing, it could cost you a lot of money in extra cancellation fees to get out of the contract.
When you use a flat-fee MLS listing service, you can cancel the listing at any time and for any reason. You won't have to worry about paying any extra cancellation fees or penalties. Since you already paid for your listing, the control is in your hands for how long you wish the home to be on the MLS, as well as if you need to cancel it for any reason.
Contact an agency like Crawford Realty, Inc. to learn more.