Here is a collection of Florida Flat Fee MLS frequently asked questions that I have put together to help you in buying or selling a home. If you have any other questions, not listed here, feel free to call or send an e-mail.
Can I Place a For Sale by Owner sign on my Property?
Yes, but we recommend that you use our sign. It is an “AGENTS WELCOME” sign that informs real estate agents that you are currently listed on the MLS and are willing to offer a commission to buyer’s agents. Those agents who see the sign are likely to search for your listing on the MLS to get more information.
Which Types of Properties Can Be Listed on the MLS?
You may list many different types of real estate:
Single-family homes for sale or rent
Condos, townhomes, and villas for sale or rent
Commercial properties for sale or rent.
Duplexes, triplexes and quadplexes for sale or rent
Vacant land and lots for sale
Farms for sale
Mobile or manufactured homes for sale or rent
Do I Actually Need the MLS and Realtors in Order to Sell my Property?
The short answer is no. However, attempting to sell or rent your property as a FSBO is not as easily done these days. Statistics show that 92% of all properties sold or rented are MLS listed by a traditional broker or a discount broker with a Flat Fee MLS service and linked to Realtor.com, Zillow.com, and Trulia.com plus the MLS local sites. As always, brokers and agents have the ability to filter buyers and help them gain financing for properties. These abilities save you time and frustration comparing to an unknown and often unqualified FSBO buyer.
What Is the Difference between a Full Service Listing and a Flat Fee Listing?
A traditional full-service MLS listing typically has restrictions keeping the owner from listing as a FSBO using signage or advertising the property in any way while MLS listed with that brokerage. The traditional commission for an MLS listing is 6% which is shared by the listing agent and the buyer’s agent.
With a Flat Fee MLS listing with FloridaFlatFeeHomes.com, there is no listing commission to be paid unless you wish to upgrade to our MAX PRO with Full Service for only 1% Listing Commission at Closing. The flat rate for our programs is only $99 Basic, $199 Premium or $299 Max Flat Fee and that’s all you pay. You may sell your property as a FSBO in any form while MLS listed as long as your price is not below the MLS listing price. You must still offer and then make payment to the buyer’s agent when they procure a qualified buyer and you close on your property with that agent and buyer. The MLS does require a buyer’s commission offer. They do not state the amount you must offer but certainly, traditional commission amounts will have better agent activity.
How Long Is My Property Going to be Listed on the MLS?
With FloridaFlatFeeHomes.com, your property will be MLS listed for 3, 6 or 12 months depending on the program you choose, but you’re free to cancel the listing at any time (unless you are under contract through the MLS and a Realtor who is due a commission).
How Many Photos Can I Submit?
FloridaFlatFeeHomes.com offers a 6 photo listing, a 24 photo listing, and the Max photo listing.
How Do I Make Changes To My Listing, and How Many Changes Can I Make?
On our FloridaFlatFeeHomes.com public website, you can make as many changes as you’d like, including photo changes. You will log in with your own personal code for security purposes, so only you may amend your listing.
In our Flat Fee MLS programs, you may make as many requested changes as you need. Remember, all requested changes must be MLS compliant. Request changes from your file at FloridaFlatFeeHomes.com using the Request Change tab.
How Will Realtors Contact Me? Will My Contact Information be Displayed on Realtor.Com?
Your name and contacts will be posted in the agent remark area for agents to review. They will contact you with questions, for showing instructions and ultimately present you with an offer.
Your name and contacts are not allowed, per MLS rules, on any public site. The listing brokerage is required to show the name and contact information on all public site listings. Your FloridaFlatFeeHomes.com listing may have your name and contacts and any information you would like a viewer to review. Our site is not governed by the MLS.
How Long Does It Take before My MLS Listing Is Active on the MLS And Realtor.Com?
After you complete the listing form in FloridaFlatFeeHomes.com we will check the details, tax site, and MLS to make sure that the listing is ready to be posted to the MLS and public sites. If needed, any required MLS information or tax information or ownership information will be requested from us before we are able to MLS list your property. Typically, when the listing form is completed and deemed in order your property will be MLS listed in 24 hours ( not including Sunday ).
Which Public Websites Will Advertise My Listing?
Aside from Realtor.com, which is the MLS listing to the public, your for-sale property listing will link to:
Zillow.com, Trulia.com, Google.com, Homes.com, and the MLS public site you are listed in.
Rental properties are also linked to Apartments.com, Zumper.com, Homesnap.com, hotpads.com
Social Media listings on Facebook and Instagram available on Max Flat Fee and Max Pro and also you can purchase it as an Additional Item.