About Flat Fee MLS in Missouri
The Multiple Listing Service, also recognized as the MLS, is a complex database of property listings that allows licensed real estate brokers and agents to post homes for sale, search for home details, and even interact with other brokers or clients. Your local listed property will also be posted to different real estate brokerages and portals like Zillow, Trulia, Realtor.com, and Redfin. It’s important to consider that only licensed real estate agents and affiliate professionals can enter the Missouri MLS system. For Sale By Owner sellers or homeowners who don’t employ agent or realtor’s services, choose a Flat Fee MLS for all the cost-saving benefits. Instead of going for a full-service realtor (which costs a lot – 5 to 6% commission fee of the home’s final sale price), FSBO sellers can still list their home on the local Missouri MLS for a one-time low discounted fee usually agreed by both parties. In a Flat Fee option, you have full control of the contract offer, negotiation terms and conditions, and also the marketing campaign