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Flat Fee MLS Questions
Is the MLS the best way to market my home?
Yes, the majority of homes in New Jersey are sold through the MLS due to the large network of Realtors working with home buyers. Also, the only way to be posted on Realtor.com is through the MLS.
Is EZ Flat Fee Realty a licensed real estate brokerage?
Yes! The difference between our company 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%). We are a licensed real estate brokerage in New Jersey and our license # is 0336901.
How long does it take to list my home on the MLS/Realtor.com?
Once all the required paperwork is completed correctly and submitted, your property will be listed on the MLS within 24-48 hours and Realtor.com within 72 hours.
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.
Is your service similar to past discount brokers?
Absolutely Not! We charge a low upfront flat fee and advise offering a commission that is generally half of the common full commission rate (between 2% and 3%). Past discount brokers charged a low commission rate and then kept most of it resulting in poor marketing results for their clients.
What websites will my property advertised on?
Depending on the plan you choose, your listing will appear on Realtor.com, your local MLS website, Trulia.com, EZ Flat Fee Realty.com and a multitude of other websites.
How do I get my property listed in the MLS/Realtor.com?
Only Realtors can input and market properties on the MLS and Realtor.com.
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.
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. In New Jersey, all commissions are negotiable.
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