Real Estate Traditions

Traditionally, real estate companies and their agents charge 6% commission to list a property. In return, they place the home in the Multiple Listing Service (MLS), market the property, hold open houses and do all the leg work involved in the transaction when an offer is received. The 6% commission is usually split 50/50 between the Listing Agent and the agent who sells the property, also known as the Buyer's Agent or Selling Agent.

You can save thousands of dollars by listing your property in the same MLS for a flat fee starting at $289 depending on the state, instead of paying a listing commission.* If an agent brings a buyer, and you accept an offer from that buyer, you will pay the Buyer's Agent a commission at closing.  You will be able to choose the commission you want to pay when you complete the MLS listing data forms.  You always reserve the right to sell to a buyer who is not working with an agent and pay no commission!  Visit our Frequently Asked Questions  or go to FLAT FEE MLS Explained to get a detailed explanation of the flat fee listing philosophy and its history.

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*A few states are minimum service states, and the dept. of licensing in those states require the broker to assist the seller with their offers and negotiations.  In such a case a small commission may be charged at closing (1/2% typically).  Select your state above to determine if it is a minimum service state or call us for more information.