Many home sellers would like to save the commission by selling their homes themselves. However, selling by owner means giving up a lot of marketing exposure that is generally provided by a Realtor using the Mutliple Listing Service (MLS). Wouldn't it be great if you could place your home in the MLS through a real estate broker and still save on the commission?
In most areas, the MLS has become the "de facto" market for homes. Although statistics vary from region to region, the MLS is responsible for approximately 75% to 85% of home sales in any given market. Compared with other forms of advertising, an listing in the MLS is, by far, the most important means of advertising a home for sale . As the below chart illustrates, the agent members of the MLS are the predominant means through which home buyers find their home. Most buyers are made aware of properties for sale by their agent using the MLS system. However, even when buyers initially find a home through a yard sign or other means, they generally go through a Buyer Broker who is a member of the MLS system to purchase the home.
Well, now you can! Bloomkey®, an online real estate brokerage firm, now offers owners direct property placement on the MLS for a low, flat-fee. Instead of paying thousands of dollars for the privilege of having your home exposed to all of the real estate agents and their buyers, you can list your home for as little as $295.00.
Enter your property's probable sales price in the calculator to the right to determine your for sale by owner mls savings using flat fee MLS listing.
*Actual Savings may vary. Savings calculations based on comparison with traditional real estate company commission of 6% and Bloomkey® flat fee of $399.
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