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Questions?
Here is a collection of frequently asked questions that I have put together to help explain how a Flat Fee MLS listing works. If you have any other questions, not listed here, feel free to call or send an e-mail. By clicking on any of the questions below, you may view the answer. Sellers
Can I cancel my Flat Fee MLS listing?
Yes, you can cancel your listing while it is "Active". You will need to notify the listing agent to handle the process for you.
Do I pay a commission if my home sells because of the MLS?
Yes. If an agent brings a ready, willing and able buyer with a satisfactory contract that you accept, a commission will be due. The commission must be determined by you, the seller, when completing the listing agreement because all commissions being offered to a selling agent must be shown on the MLS. Real Estate commissions are not fixed by law and are always negotiable. REALTORS® cannot demand that a Seller pay a certain commission to sell their home.
How long does it take to list my home on the MLS/Realtor.comŪ?
Once all the required paperwork is completed correctly and submitted, our affiliates will list your property on the MLS within 24-48 hours and REALTOR.comŪ within 72 hours.
If I find my own buyer with the Flat Fee MLS plan, do I have to pay a commission?
No. If you find a buyer on your own with no agent being the procuring source, you will not owe a commission.
Is EZ Flat Fee Realty a licensed real estate brokerage?
Yes! EZ Flat Fee Realty and its affiliates are licensed REALTORSŪ in the states we represent. The difference between us and traditional real estate brokerages is that we charge a low, upfront flat fee and generally half of the percentage commission traditional brokers charge (i.e. 2.5% versus 5%). EZ Flat Fee Realty is a licensed real estate brokerage in New Jersey and our license # is 0336901.
Is the MLS the best way to market my home?
Yes, the majority of homes throughout the Nation are sold through the MLS due to the large network of REALTORSŪ working with home buyers. Also, the only way to be posted on REALTOR.comŪ is through the MLS.
What is the MLS (Multiple Listing Service)?
The MLS is a property database that contains the majority of real estate listings which are listed For Sale by real estate brokers and agents thru out the United States.
Will EZ Flat Fee Realty be listing my home on the MLS?
Write your Content here.
Will my MLS listing look like other listings in the MLS?
Yes! Your MLS listing looks just like any other listing in the MLS. We utilize the same input sheets as every other agent and your property will look no different.
Will Realtors show my home if I'm not listed with their company?
Yes, that's why the MLS is so important. It allows REALTORS® to see and sell each other's listings and earn a commission if they provide a buyer. Keep in mind that in New Jersey, real estate commissions are not fixed by law and are always negotiable.
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