About Flat Fee MLS in Florida
An MLS or also known as the Multiple Listing Service is a portal of available homes for sale where only licensed real estate brokers and agents can get access to list properties, search for real estate info, or browse for buyers. The majority of these realtors offer the traditional route and will list your property in the MLS if you pay a listing commission of 2.5 to 3% and a buyer’s agent’s commission of 2.5 to 3%, which totals to 5 to 6% or higher depending on the hired agent. But selling your house as a For Sale By Owner and opting for a Flat Fee MLS option can save you at least half of the actual full commission. Instead of the “Full Service”, you start selling your home for an “Entry Only” service with a pre-set price to list your property on the MLS, assist your open house, and as well as some help with real estate selling process needs.