FREQUENTLY ASKED QUESTIONS

What is a flat fee listing? A flat fee listing is where you, the seller pay a small flat fee when you list your home with a Realtor to get your home in the MLS & Realtor.com. In the past, people paid their Realtor when their home sold, typically 6% to 7%! Most people understand they need that additional exposure from the MLS & Realtor.com.

What is the Multiple Listing Service M.L.S.? The MLS is the database of homes listed for sale that local Realtors use to find, buy and sell homes for their clients. You must be a member of that particular MLS and pay monthly dues to have access to, input and view listings. Being listed on the Realtors MLS enables you to take advantage of the power of thousands of Realtors in your area. That means more exposure for you!

How will I know when I'm listed with MLclickIT? After you complete the forms and fax them in, we input you into the MLS. We will email the MLS link for you to see what you look like as Realtors see you. This way you have verification of your listing, you can proof it if we need to make any minor changes AND you can use the MLS sheet as great handouts to prospects. It takes an additional few days for the data to get to Realtor.com.

How do I get my home listed on Realtor.com? You must list it with a Realtor to first get it into your local MLS. Then, generally within 24 to 48 hours the data exports to Realtor.com. Realtors do not use Realtor.com, only the general public does. Realtors search for homes via their MLS. In addition, by law, your name and phone number cannot appear on Realtor.com, only the Realtors.

MLS provides the biggest marketing advantage in selling homes.
This kind of exposure to buyers is not available anywhere else. You maximize your chances of selling your property more quickly and at a better price when it is listed in the MLS. When your property is in the MLS your property receives the broad coverage of a large number of realty offices that have access via computer to your home's availability, price and features.

Is this the same Multiple Listing Service (MLS) to which all area Realtors belong?  Yes.  All participating MLS Realtors belong to their local association of Realtors.

Will my property be listed on the Internet? Yes but remember, there are several site you will be going into so using the term "Internet" is too broad. There are Yahoo, MSN, AOL, Realtor.com and many others.

If I find my own buyer, will I still have to pay a selling commission?  No.  You still maintain the right to sell your home on your own.  If you find your own buyer, you will not be obligated to pay additional commission on the sale.

Will Realtors show my home even though I went Flat Fee Listing instead of paying a high commission? Yes.  There is no way to tell how much you paid to get on the MLS.  Regardless of whom you listed with or what you paid, your listing will look no different from any other listing in form and style.

Will Realtors contact you or me for a showing? Both.  Some boards allow us to put your name and number in the MLS. Some do not so if a Realtor calls we give them your number. By law our contact information must be in Realtor.com.

How long is the MLS listing period? Listing term varies per listing program, but can be up to 12 months.

Must I have a lockbox? No, but Realtors depend on quick access.  Realtors show many homes within a very short period of time, access to your home may make a difference.  We strongly recommend a Realtor lockbox, you can purchase them on our site here.

How do I make changes to my listing? We need a completed from in our client area filled in and faxed to us that we put in your file. Price changes are free but additional changes after the listing is proofed are at $25 per change.

What happens if a buyer calls the listing agents office? We pass the lead to you. However, we reserve the right to work the buyer if they don't buy your home. We sometimes field calls and if we call you to show your home or if we have a buyer they we would be compensated the typical 3% as any other Realtor. Your maximum risk though is the flat fee plus the commission of typically 3%.

The MLS will give you maximum exposure and this is the key to a successful transaction. There is no other effective way to sell your property and be successful.

Keep in mind if you sell your own home,
you do not pay the 3% buyer agent commission