CHICAGO–(BUSINESS WIRE)–ListHomeFlatFee.com Inc. is transforming the buying and selling of homes by announcing today the launch of its website, ListHomeFlatFee.com, aimed at providing homeowners with an alternative and profitable way to sell their residential and commercial properties in the state. from Illinois.
By listing on ListHomeFlatFee.com, sellers can save thousands of dollars at the closing table. Homeowners can have their home listed on the same database and websites as all other homes without paying a 5-6% commission to a real estate broker.
The secret is the MLS. It stands for Multiple Listing Service. This is the database that real estate brokers use to search listings for their buyers. It’s a proven fact that MLS-listed properties sell faster and for more money than non-MLS-listed “for sale by owner” properties.
Listing brokers rely primarily on listing the property on MLS to find a buyer and most buyers come from buyer’s brokers and searching for the property on the internet. Buyers rarely come directly from the listing broker. Let’s face it. A listing broker charging a 5-6% commission can simply put up a sign on the front yard, list it on the MLS, and wait for the buyer’s broker or the buyer to find your property.
So basically, in addition to pricing your property correctly, the key to the door is MLS and ListHomeFlatFee.com can help you open that door for just a small upfront fee as low as $199.00. With their flat-rate MLS listing packages, your property will receive the same online exposure as if you hired a top-tier real estate broker. When ListHomeFlatFee.com lists your property on the MLS, your listing is automatically distributed to many local and national real estate websites, giving you increased exposure to motivated buyers.
So instead of paying a huge commission at closing, you only pay the buyer’s broker’s commission if the buyer is represented by a broker and a small upfront commission instead of the listing broker’s commission.
For example, let’s say you sell a house for $300,000. If you pay a 5% commission. Typically, 2.5% would go to the buyer’s broker and 2.5% would go to the listing broker. In this example, that would total approximately $15,000 in commissions that you will need to pay at closing. However, with ListHomeFlatFee.com, instead of paying the traditional 2.5% to the listing broker, you now only pay a small initial flat fee as low as $199.00. That’s a saving of about $7,000 in this scenario.
Unlike many of their competitors, ListHomeFlatFee.com is not an out-of-state third-party referral company. Instead, it’s a locally owned real estate brokerage headquartered in Skokie, Illinois, with an experienced team of brokers who will guide you through every step of the process. ListHomeFlatFee.com Inc. (IL License # 47701404) is a subsidiary of YBRS Realty, Inc. ListHomeFlatFee.com Inc. fully supports the principles of the Fair Housing Act and Equal Housing Opportunity.