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Orlando by owners save thousands in commission when they list flat fee MLS with ADDvantage®

The term “by-owner” can mean so many things to home sellers. It can mean a “FSBO” sign in the yard. It can mean the websites “buy-owner”, “by-owners”, “owners” and “forsalebyowner”. But universally, it means selling real estate without paying a commission.

If you combine the words “by-owner” with “MLS” you get “by-owner MLS”. This means if you sell your property yourself, you pay no commission; And, it also means that if a Realtor® brings you a buyer, you would pay just that Realtor® a commission.

Have you ever seen the FSBO yard sign that says “Brokers-Welcomed”. This means the FSBO homeowner is inviting Realtors® to bring their buyers because “I am cooperating”. There are several issues with this approach. FSBO yard signs are a universal sign that agents and brokers are not welcomed. FSBO's that are not listed in the MLS have no way to guarantee payment of the offered commission which is another reason FSBO yard signs give Realtors® the willies. One of the main purposes of the Realtor® Association in Orlando is to guarantee payment of offered commissions.

For all you “FSBO's” out there in Orlando willing to cooperate with buyer's agents, the smart thing would be to list your home flat fee MLS through the Mid-Florida Regional MLS system…It is exactly the same thing you are doing now but with the following benefits:

  1. Every Realtor® in Orange, Pinellas, Highlands, Hillsborough, Marion, Polk, Citrus, Lake, Hardy, Pasco, Hernando, Levy, Putnam, Flagler, Seminole, Osceola, Manatee, Brevard, Indian River, and Sarasota County will see your flat fee MLS listing.
  2. Every Realtor® that sees your MLS by owner listing and finds a buyer will know exactly how much commission you are offering because it will be published in the MLS. Because it is published, Realtors® are guaranteed payment of this commission from the flat fee listing broker.
  3. If you sell your property FSBO (with no Realtor® involved) than you pay zero commission.

Get the best of both worlds, FSBO and Flat Fee MLS…And, list with the most trusted name in flat fee MLS Orlando…ADDvantage®.

Call us anytime, we are here from 9:00am-6:00pm 7 days 727-942-2929 or 1-877-232-9695.

This article is filed under Flat Fee MLS>Florida>Orlando. View other articles in Flat Fee MLS>Florida>Orlando.