|County||Avg. list price||Avg. price / sq. ft||Avg. days on market|
The MLS or Multiple Listing Service is an exclusive database of homes for sale listings that enable licensed real estate brokers and agents to browse for property listings, view home details, and interact with other professional agents. It’s an integral search engine tool that helps selling broker maximum exposure while also giving wide options for home buyers. These databases are managed and paid by licensed real estate professionals to help clients sell or buy a property. Most local MLS will distribute your property to Zillow, Trulia, Redfin, and other brokerages/portals. A Flat Fee MLS, on the other hand, is a real estate service where agents accept a fixed fee for their expertise. Your property will be listed on the local MLS marketplace, and agents may also provide you with other services such as listing photos, open houses, showings, etc. Most For Sale By Owner (FSBO) sellers choose this route since they are selling their house without a realtor. Instead of paying the full commission of 5 to 6% of the sales prices, FSBO sellers who avail of the flat fee can list their homes for a discounted rate. Unless you pay extra for additional real estate services you may need, you’ll do the marketing and negotiations yourself when you decided to do an FSBO route.