Finding Affordable Ways to Help You Sell Your Home.
Selling your home isn’t a small task; especially when you’ve never done it before. Traditional real estate agents take a lot of that stress off your shoulder, but that comes at a hefty price (literally).
There are ways to get around the traditional agent representation set-up and still be able to list your home on the most valuable platforms. Yet if you’ve never done it before, it can be challenging to navigate alone.
Reeve wants to make selling your home as easy and painless as possible, so we’ve put together some useful information that you can use to navigate listing your home on the Multiple Listing Service (MLS), without the need for an expensive realtor’s representation.
What Exactly is the Multiple Listing Service (MLS)?
When agents, brokers, or buyers are looking for homes that are up for sale, the most common place they’ll check first is their local Multiple Listing Service (MLS).
This is the database that real estate agents use to list local properties, which are either up for rent or for sale. In order to list on the MLS, a commission must be provided for the agent or broker that finds an interested party, whether that’s a tenant or a buyer. The commission is paid through the listing agent.
The Multiple Listing Service (MLS) is one of the most vital points of exposure that you can utilize when you’re putting your home up for sale. For many agents, it’s their #1 resource when they start a new search for their clients.
How Does ‘For Sale by Owner’ (FSBO) Work?
When you don’t want to go the route of using a real estate agent or broker, you have the opportunity to sell your home as ‘For Sale by Owner’. This indicates to agents and buyers alike that you’re selling the home yourself.
This is most often chosen as an option by sellers, because they want to avoid paying the high commission fees that go along with using a traditional real estate agent (often 5-6% of the final sale price).
If the seller works with a buying agent, they’ll still be required to pay a commission (usually 2-3%), but if there’s no agent representing the buyer, there’s ZERO commission paid.
Who Can List Properties on the Multiple Listing Service (MLS)?
Only agents, brokers, or sellers with a listing agent’s representation can post on the MLS. Independent sellers that aren’t using a listing service do not have the opportunity to list on the MLS, which can dramatically impact the visibility of their home. In turn, it can make the selling process a much longer, more frustrating process.
Can ‘For Sale by Owner’ (FSBO) Listings be Put on the MLS?
Yes, they can – if they choose to use an MLS listing service like Reeve. Reeve bridges the gap between independent sellers that don’t want to use a realtor, and the platforms that are necessary for being able to quickly find a buyer for their home. We accomplish this by providing what’s called a ‘flat fee MLS listing’; rather than variable rate commissions that agents charge.
What is a Flat Fee MLS Listing?
Flat fee MLS listings provide exactly what they promise – you only pay a flat rate for being able to post your listings on the local MLS.
Think of it this way: when an agent has a 5% commission (which is actually on the low-end), and you’re selling your home for $700,000, that agent is entitled to a $35,000 commission!
When you’ve spent years building equity into your property, and you need as much money as possible available to make the transition into your next home, the last thing that you want to do is buy your real estate agent a new car.
With Reeve, you can use the majority of that money to improve your own life, while still taking advantage of all the benefits that posting on the MLS provides.
Reeve is Your Gateway to the MLS & More
Let Us Help You List Fast, While Saving Thousands
Now that you can see the benefits of using a flat fee MLS listing service like Reeve, you can see that it’s definitely the most affordable and hassle-free way for you to maintain control of your home sale, while also saving thousands of dollars.
Even if you choose to upgrade to our premium package (where we manage the entire sale for you from listing to closing like a traditional agent), you’ll only have to pay $3,000! That’s it. No hidden fees. No extra commissions.
In the example we just gave you, that’s only 8.5% of what the agent would charge for the same services. And our rates never fluctuate. If your home is worth a lot more than $700,000, you’ll still only be paying the same $3,000 to utilize Reeve’s extensive support services.
Did we mention that you’ll also be posted on Zillow, Realtor.com, Redfin, Trulia, and 750+ more major platforms? Reeve gives you the freedom to get your listing on every major network simultaneously.
Best of all, with Reeve all the inquiries about your listing are sent directly to you, so you’re always the one in control. List your home with us today, and we guarantee you’ll save thousands!