Referral Service
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Toll Free 800-556-3418 |
| MLS listing mistakes and how to avoid them. Weekly Specials Order by Fax or Mail Free Home Sale Information From Your Neighborhood Frequently Asked Questions How the Realtors MLS Works Compare Us to the Competition Contact Us ![]() |
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. Call Toll Free 1-800-556-3418 or email us with questions. The package includes:
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Agents and Builders |
Questions about Fees and Commissions
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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. Go Back |
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. Go Back |
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.. Go Back |
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. |
Miscellaneous Questions
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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. Go Back |
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Member, National Association of Realtors® Member, Realtors® Multiple Listing Service No Fancy Car, Inc., BuySelf Realty, Inc. ©Copyright 2002-2005 Contact us toll free: 800-556-3418 Local real estate laws, markets, service prices, pictures of items for sale, and procedures may differ. This website is a general guide/referral website to services
available in many different areas. |
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