|County||Avg. list price||Avg. price / sq. ft||Avg. days on market|
The MLS or Multiple Listing Service is an online real estate marketplace where realtors and brokers can browse available homes in the market, view local real estate data, and as well as, interact with other real estate brokers or clients. It’s more like a search engine portal that only licensed real estate agents can access and list a property. And once listed on local MLS, your property will also be distributed to Realtor.com, Trulia, Redfin, Zillow, and hundreds of more brokerages and platforms. A Flat Fee MLS, however, is defined as an “a la carte service agreement” that allows home sellers to list their homes for sale by owner to the local MLS for a fixed fee. For Sale By Owner sellers usually choose this option since they don’t have to pay the typical full commission which is 5 to 6% of the sales price. Instead, they can opt to pay a discounted fee to list their property on the MLS with several real estate services included when you pick some package or services.
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