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Tuesday, May 19, 2009

Flat fee MLS listing versus Full service Real-estate Agents

We are about to put our house on the market. We interviewed MANY real estate agents and think we have made a decision.

We are going to use an MLS/FMLS listing agency that does EVERYTHING (contracts, the sign, the 360 virtual tour, the lock box, etc...) except represent us at the closing. For a mere $1200 ($380 or so of it required by the county for FMLS listing), we are able to have our house on the market, LOOK like we have a full-fledged agent, and potential buyers are able to get in to view the house. And they are Century 21...not a fly-by-night no-name company that other agents will run from!

For another $8400 or so, we can get the full-fledged agent. Who says they represent me, but really wants to make as much money as they can so how much are they REALLY going to negotiate the price down. That's what I was thinking, too.

At this point we just want to sell the house and not lose our shirts.

What do you think?

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