Multiple Listing Service (MLS)
Why do sellers often pay real estate agents 5%, 6% or 7% to sell their home?
Because they think it is the "price" to pay to utilize the Multiple Listing Service (MLS®) and get their home sold.
The Multiple Listing Service (MLS®) is the single most powerful marketing tool in place today to sell homes. Why do "traditional" agents use the MLS as their primary marketing plan, Because it works!
Most homes around the country sell through the MLS system. The power of MLS is cooperation and compensation. Most homes listed in the MLS do not sell by the listing offices! In actuality, most sales involve two different offices, a listing office and a selling office.
In order to have the most exposure, it is not as important which office you choose to list your home, as it is that your home is listed in the MLS.
You Can Pay Less and Still Get the Full Power of MLS!!
Realty Professionals allows you to enjoy the full power of MLS while paying less.
Here is How it Works...
When you list with a traditional agent, they place your home into MLS. The listing office offers to share the total commission you are paying with the other MLS agents. This compensation is their incentive to sell YOUR home.
Realty Professionals offers MLS for LESS!
We at Realty Professionals are REALTORS® and are members of our local MLS®. Realty Professionals offers you the option of placing your home in the same MLS system at a lower total commission (with no add on or "transaction fees"). Just like the traditional offices, we share the commission with MLS agents, so they have the same incentive to sell your home as all the other homes in the MLS. We pay the cooperating agents 2.4% of the sales price. So they earn the same selling commission they are accustomed to receiving because Realty Professionals absorbs the "discounted" portion of the total commission.
And the best part of our MLS For Less Program is that if at any time you accept an offer written by one of our Realty Professionals agents ---YOU ONLY PAY A FLAT FEE OF $2,995 --- NOT THE MLS FEE!
You get the best of both worlds - if an MLS Realtor outside of Realty Professionals sells your home you enjoy a lower commission then most "traditional" agents charge and when our office sells your home, You ONLY pay a flat fee of $2,995!!!
How We Can Sell Homes for Lower Commissions?
Volume, It's as simple as that. By charging a very competitive lower commission, Realty Professionals will attract a higher number of listings than "traditional" agents. We can afford to make less on each sale when we sell more homes. We also operate as a team so all advertising dollars are effectively spent on selling YOUR home and NOT promoting our individual agents.
FOR MORE DETAILED INFORMATION - CALL OUR OFFICE! 501-268-0685
(Example: If your house sells for $150,000 and there is a 6% commission, the total commission will be $9,000.
If you list with Realty Professionals, the commision will be as low as $2,995.00.
Here's how it works. Lets say we sell your house for $150,000 and another real estate company is representing the buyer, you will have to pay the other company 2.4% ($150,000 x 2.4% = $3,600) in addition to the $2,995 listing fee to Realty Professionals which is a total commisison of $6,595, that's a savings of $2,405 from a straight 6% commission.
Now lets say you listed with Realty Professionals and Realty Professionals is also representing the buyer, your total commission is $2,995, that's a savings of $6,005 from a straight 6% commission.)
*** As of December 8, 2008, I have completed a study of listings sold since 2003. Since 2003, Larry has sold 60% of his listings. That gives you a great chance of saving the most! ***
KEEP MORE OF YOUR HOME'S EQUITY!
Commissions are not set by law. All commissions are negotiable.
Any comparisons to a percentage commission, such as 6%, are for illustration and comparison purposes only.
If your home is listed with a REALTOR this is not intended as a solicitation of your listing. Agents are Licensed in the State of Arkansas
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