Greenville SC Discount Real Estate Broker $250 Flat Fee Listing
Broker compensation and fees for services are not set by law and are fully negotiable. A Broker’s compensation for services rendered to a Seller or for services rendered to a Buyer is solely a matter of negotiation between the Broker and their Client, and is not fixed, controlled, recommended, or maintained by any persons not a party to the Brokerage service agreement.
The Multiple Listing Service, or MLS, is a local database containing all properties listed for sale with Realtors. Through the MLS, Realtors “share” listings with all other Realtors. It is by far the most important and effective place to list a property for sale. Properties listed for sale in the Greater Greenville MLS are typically viewed by the general public on Realtor.com, Zillow, etc.
Real Estate Greenville SC
In Greenville SC, many traditional Listing Brokers may charge you, the seller, between 5% and 6% commission for the successful sale of your Greenville SC home. They enter your listing in the Greenville SC MLS and wait for other realtors (called Buyer Brokers) to bring buyer clients to see your property. If the Buyers Broker sells your property to their client, then your Listing Broker may split the 5% to 6% commission with that Buyers Broker.
Sometimes, a buyer will contact your traditional Listing Broker directly; comes to see your home; then buys it directly through your Listing Broker with no other Buyer Broker involved. In this scenario, your Listing Broker may keep the entire 5% to 6% commission for themselves. This business model is antiquated, and is not designed to benefit the seller. This structure has not changed in decades, even as home prices have gone up. For example: If you have a home worth $400,000 and agree to pay 6%, the total commission owed to your broker would be $24,000; if you have a home worth $500,000, you would still pay 6%, for a total commission of $30,000!! Doesn’t sound fair, does it? Did you know that when you list your home with a traditional Listing Broker, and you, the seller, decide to sell your home directly to your friend or a neighbor.....you may still owe that Listing Broker 6% commission!!! Food for thought, isn’t it?
How Greenville SC Flat Fee MLS / Discount Real Estate Works
Greenville Realty charges an up-front, flat fee of just $250 (MLS Pro listing package) to list your Greenville SC real estate, not 5% or 6% commission. We enter your listing in the Greenville SC MLS. You actively participate in the sale of your home by handling showings, open houses, offers, and the closing. If a Buyer's Broker sells your home to their client/customer, then your total cost would be the $250 you already paid, plus whatever “co-broke” compensation you offered to the co-broker (if any).
Other benefits to Flat Fee MLS
By listing with Greenville Realty, you retain the right to sell your home “By Owner”. What does that mean? If you sell your home directly to a buyer with no Buyer Broker involved, then your only cost is the $250 flat fee that you already paid in advance... NO ADDITIONAL commissions are due anyone!! This business model has proven wildly successful in the Greenville real estate market, and is most certainly the future of the real estate industry.
For Sale By Owner Greenville SC or "FSBO"
Sellers choosing to go FSBO only, don’t reap the benefits of the incredible exposure provided by listing a property in the Greenville SC MLS. Most FSBO sellers are willing to offer compensation to a buyer's broker. Why not use our Greenville South Carolina Flat Fee MLS services and expose your listing to the largest pool of buyers and buyer-agents searching for homes on the MLS and the Internet? Why advertise for sale on one or two sites, when you can advertise on hundreds?
The Multiple Listing Service, or MLS, is a local database containing all properties listed for sale with Realtors. Through the MLS, Realtors “share” listings with all other Realtors. It is by far the most important and effective place to list a property for sale. Properties listed for sale in the Greater Greenville MLS are typically viewed by the general public on Realtor.com, Zillow, etc.
Real Estate Greenville SC
In Greenville SC, many traditional Listing Brokers may charge you, the seller, between 5% and 6% commission for the successful sale of your Greenville SC home. They enter your listing in the Greenville SC MLS and wait for other realtors (called Buyer Brokers) to bring buyer clients to see your property. If the Buyers Broker sells your property to their client, then your Listing Broker may split the 5% to 6% commission with that Buyers Broker.
Sometimes, a buyer will contact your traditional Listing Broker directly; comes to see your home; then buys it directly through your Listing Broker with no other Buyer Broker involved. In this scenario, your Listing Broker may keep the entire 5% to 6% commission for themselves. This business model is antiquated, and is not designed to benefit the seller. This structure has not changed in decades, even as home prices have gone up. For example: If you have a home worth $400,000 and agree to pay 6%, the total commission owed to your broker would be $24,000; if you have a home worth $500,000, you would still pay 6%, for a total commission of $30,000!! Doesn’t sound fair, does it? Did you know that when you list your home with a traditional Listing Broker, and you, the seller, decide to sell your home directly to your friend or a neighbor.....you may still owe that Listing Broker 6% commission!!! Food for thought, isn’t it?
How Greenville SC Flat Fee MLS / Discount Real Estate Works
Greenville Realty charges an up-front, flat fee of just $250 (MLS Pro listing package) to list your Greenville SC real estate, not 5% or 6% commission. We enter your listing in the Greenville SC MLS. You actively participate in the sale of your home by handling showings, open houses, offers, and the closing. If a Buyer's Broker sells your home to their client/customer, then your total cost would be the $250 you already paid, plus whatever “co-broke” compensation you offered to the co-broker (if any).
Other benefits to Flat Fee MLS
By listing with Greenville Realty, you retain the right to sell your home “By Owner”. What does that mean? If you sell your home directly to a buyer with no Buyer Broker involved, then your only cost is the $250 flat fee that you already paid in advance... NO ADDITIONAL commissions are due anyone!! This business model has proven wildly successful in the Greenville real estate market, and is most certainly the future of the real estate industry.
For Sale By Owner Greenville SC or "FSBO"
Sellers choosing to go FSBO only, don’t reap the benefits of the incredible exposure provided by listing a property in the Greenville SC MLS. Most FSBO sellers are willing to offer compensation to a buyer's broker. Why not use our Greenville South Carolina Flat Fee MLS services and expose your listing to the largest pool of buyers and buyer-agents searching for homes on the MLS and the Internet? Why advertise for sale on one or two sites, when you can advertise on hundreds?
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