If you’ve chosen to avoid real estate agent commission fees and sell your home yourself, you might be wondering how to manage a flat rate MLS listing. The MLS, or Multiple Listing Service, is a property database where real estate agents list properties for sale. This includes the Midwest Real Estate Database, or MRED, which can also only be accessed by realtors. A listing published on the MLS has data automatically transferred to Zillow, Realtor.com, Trulia, Google, and other common websites for buyers and sellers. Needless to say, it’s a very important tool in the process of selling your home and will connect you with both local and national prospective buyers.
However, because only realtors and licensed agents and brokers can list houses on the MLS database and MRED database, you can’t do it alone as a seller. You need to enlist the assistance of a third party who will compile the listing for you. In this article, we will discuss how to buy a flat rate MLS listing, an Illinois flat fee listing, and how to manage them for the best results. This blog will empower you with all of the knowledge you need to use the flat fee MLS in Illinois as a tool in selling your home. Managing this listing service is easy with the assistance of a real estate brokerage company that you trust.
Flat Rate MLS Listing
You can purchase a flat rate MLS listing through a real estate company. The silver lining is that the price is fixed upfront so you know exactly how much to pay, without any added-on commission fees. You can pick an MLS package with an agency that offers you as much or as little support as you deem necessary. As the seller, you will still maintain full autonomy of what goes into the MLS listing. However, your agent will enter all of the information for you and will act as a go between for you and the MLS. This includes things like interior and exterior property photos and a detailed property description.
After your house is posted to the MLS, you will still maintain full control of the selling process. The registered agent you choose merely acts as a figurehead for access to the MLS and will forward all requests directly to you. This means that you will be responsible for things like communicating with buyers, negotiating prices, and offering showings. Because you are in charge of these things, you have the flexibility to create a schedule that works for you and your lifestyle. However, it’s always a good idea to be as accommodating as possible to peak the interest of prospective buyers.
A flat fee MLS listing is a great tool that acts like a lead magnet to introduce you to interested buyers. Purchasing a flat fee Illinois listing is a great option as a seller to save both time and money in the marketing of your property. Without using a full-service real estate agent, you can save thousands of dollars in the selling of your home. Because access to the MLS is one of the most valuable things a realtor offers, you won’t miss out on anything by taking full control of the sale. After you find a buyer, the agent will guide you through a closing process to close out your MLS listing.
Illinois Flat Fee Listing
Because there are many local MLS listings in Illinois, you will need to list your property on the local MLS, or the MLS that is most local to you. This means that if you live in Chicago, you need to find a flat fee MLS listing for Chicago specifically. Currently, the Illinois real estate market is shifting, with sales prices decreasing and the number of homes sold dipping. This means now, more than ever, there is an opportunity for sellers to save money on real estate fees and to use the technology of the MLS to make the most profit.
The cost of flat fee listing services in Illinois varies depending on the company and what kind of service package you select. If you’re an experienced seller, you might go for a minimal option with less support. If you’re selling a property for the first time, you might consider paying for a higher tier so that you have access to more support from your agent. A more comprehensive package might also be a better fit in today’s market to ensure your listing is guaranteed success. Selling a home can be a large commitment in time and energy, so be sure to select a package that supports you in all of your needs.
Go Flat Fee in Illinois Today!
Managing a flat rate MLS listing is easy and painless with a real estate brokerage company to support you. If you’re selling in Illinois and looking to purchase an Illinois flat fee listing with a company, look no further than Prello Realty. We’re Chicago’s top real estate brokerage company. At Prello Realty, we make Illinois flat fee listings easy and affordable. Pick from our services for efficient and effective property marketing in Illinois. We offer three different service tiers: MLS Basic, MLS Plus, and MLS Pro. You can choose based on your comfort level and how much support you need.
Prello Realty has deep roots in the Chicago housing scene since our founding in 2001. Because we are a local company, we have a thorough understanding of the local market and history. We can apply that to achieve the successful sale of your property. All of our agents are experienced, licensed professionals who are ready to help you with selling ins and outs. Visit our Chicago location to talk to a representative in person and purchase a flat fee MLS listing in Chicago!