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 Indiana FSBO For Sale By Owner Flat Fee MLS Listing BBBOnLine Reliability Seal Toll Free 800-556-3418

MLS listing mistakes
and how to avoid them.


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The Southern Indiana MLS Listing Package is available to For Sale By Owner Sellers in the Southern Indiana area. Recommended cooperative commission amount is 3% to be paid only if you accept an offer from a buyer with a real estate agent involved.

Flat Fee Price: $499 Indiana Flat Fee For Sale By Owner MLS Listing FSBO

Call Toll Free 1-800-556-3418 or email us with questions. The package includes:









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What happens after I order?
1. Click on the order button above.
2. You will be contacted within two business days (usually sooner) with the information necessary to list your home in the MLS.
3. Your home selling supplies (yard signs, key lockbox, paperwork) will be delivered/shipped to the property address, usually in two business days.
4. Your home will be
listed in MLS by the next business day after your information has been submitted (or the later date you requested when you ordered). You will receive further detailed instructions and a copy of your MLS listing to double check for accuracy.


Services customized to your local market, so you are most effective at selling your home. Available in Southern Indiana, including (counties listed below).

Featuring MLS listings in Southern Indiana Association of Realtors, the dominant MLS used by nearly all real estate agents in this area.


Flat Fee For Sale By Owner MLS Listing Services available in IN, including Floyd, Harrison, Clark, and Jefferson counties



FlatFeeMLSListing.com Frequently Asked Questions
Are there any additional fees?
What is the MLS and who owns it?
Will my listing look the same as other listings?
What telephone number will be on my MLS listing?
Will agents boycott my listing because I am saving so much money?
How does the lock box work? How does the real estate agent get the code or password to open the box?
How do I know if the buyer will get approved for a mortgage?


Questions about Fees and Commissions

 

Question: Are there any additional fees?

Answer: All of the fees we charge are listed on the web page where the order button appears. Shipping costs are included and there are no additional fees charged by other agents involved in the transaction. We do not charge any other fees to you for the sale of your home. Please call us if you have any question about this.

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Question: What is the MLS and who owns it?

Answer: The answer to your question differs depending on where you live. In most areas, the MLS is a corporation owned/controlled by the local association of Realtors. To input listings, you generally must be a licensed member of the area's association of Realtors (we and/or our affiliate brokers hold this membership in most areas). MLS Members cooperate by showing and selling the homes listed by other members, for which they receive a commission for bringing the buyer to the seller. The commission amount offered to the agent who brings the buyer is almost always listed (usually required by the MLS) along with the detailed information about the home and picture(s).

The MLS is the primary tool agents use to find a property when they have a buyer. Over 80% of buyers use agents to help them find properties (especially the most motivated buyers: relocations, preapproved, etc.). For most agents, the MLS is the tool used every day to find a home for their buyers (for many agents, it is the only tool they use to find homes.) The MLS is not available to the public, only MLS Members can view the MLS listings. In recent years, most MLS systems have distributed some listing information to websites like Realtor.com and allowed MLS members to show some listing information on their own websites.

Our service enables you to get the best of both worlds: get MLS exposure to buyers and pay a commission only if you accept an offer from a buyer involved with an agent. Our average customer walks away from closing with a check that is $8,072, higher than using a traditional agent.

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Question: What telephone number will be on my MLS listing?

Answer: Per MLS rules the MLS Broker of record's phone number must be the number on the MLS Listing and the Yard Sign. When an interested party calls about the property they will be forwarded to you..

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Question: Will agents with buyers boycott my listing because I am saving so much money?

Answer: No. Agents want to find a home that meets their buyers needs as quickly as possible, as long as they get paid a competitive commission for bringing the buyer. It is extremely rare that an agent would refuse to show a home that pays them a competitive commission and meets their buyers needs. There may be a very small number of agents in some areas that violate the Code of Ethics and Federal law prohibiting a boycott, but it is extremely rare. In general, the MLS listing does not tell them how much you are paying to list your home, only what you are offering to pay the agent who brings the buyer, so the agent won't know how much you are saving.

It is more common for an agent who hopes to list your home themselves to say that agents won't show your home to their buyers. While making this statement violates Federal Law and the Realtor Code of Ethics, realize that this is attempt to list your home because the agent doesn't have a good reason why you should pay their higher price.

In addition, the local, State, and National Associations actively police agents who make these comments. Email us for a link to a recent article written by a Realtor Association Attorney that states:

" Two or more firms should never agree to refuse to deal with or cooperate on less favorable terms with another competitor (usually a discount broker) or attempt to drive such competitor out of business. Boycotts such as these are illegal. Nothing can be done to intimidate "discounters" so that they will abandon their alternative marketing strategies. You should never indicate that other brokers would not do business with the discount firm.[emphasis added]"

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Miscellaneous Questions

 

Question: How do I know if the buyer will get approved for a mortgage?

Answer: Many buyers today get preapproved for a mortgage before they begin to look at homes, especially buyers that work with agents who often make that a requirement before homes are viewed. The buyer should present a preapproval letter on the letterhead of a mortgage lender and signed by a loan officer. If the buyer does not have such a letter, you should not accept the offer until they have obtained one. Many lenders can provide these letters to a buyer within 1-2 days after the buyer completes the application and submits the required paperwork.

Requiring a preapproval letter keeps you as the seller from having to determine whether the buyer will qualify for a loan and makes the process much simpler.

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