|County||Avg. list price||Avg. price / sq. ft||Avg. days on market|
The Multiple Listing Service or mostly known as MLS is a private, property listing database that is operated and collaborated by REALTORS®. It’s a complex portal system with several services and tools that help real estate brokers and agents find homes for sale, procure home data, and build a network with other agents or clients. Your property listing will also be distributed to Realtor.com, Zillow, Trulia, Redfin, and other real estate portals. Sellers who want to sell homes without hiring a realtor or For Sale By Owner sellers usually go for a Flat Fee MLS Option to save thousands of commission. Instead of paying the full commission which is normally 5 to 6% of the sales price, you can start listing your home for a pre-set sum of money. Unlike the traditional full-service listing, a Flat Fee MLS service only assists you with putting your property to the local MLS—and most of the sales process including showings, negotiations, and closing contracts will be done by yourself.
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