By owner MLS has taken the nation by storm. The power of the MLS (Multiple Listing Service) is now in the hands of the people, not just the Realtors®.
Fact: "1.1 million real estate agents in America average only six home sales per year. Each works about forty hours per sale, which amounts to 12% of the work year, or five hours per week. Most of the balance of hours is devoted to getting new business. Brokers receive a median $52,800 income yearly."
"The average couple selling the average home will need to work five weeks each – ten weeks total – to pay the commission of the agent who will work only one week on that transaction." Read complete report Copyright © 2005 By David Barry.
The public, backed the Department of Justice 2008 final decision, can now list their homes directly in the MLS By-owner and pay just the buyer's agent a commission. This saves at least 3% over a traditional MLS listing and MLS sellers also retain the right to sell “by owner” and pay no commission.
ADDvantage®, a national flat fee MLS by owner service, offers flat rate MLS listings to the public. By owners can now get their properties listed in their local MLS and 100's more powerful “by-owner” websites such as Homes.com, Trulia, MSN, Yahoo, AOL, Harmonhomes, GetMoreOffers, and many more.
ADDvantage® takes listing in the MLS by owner to a new level of sophistication and success. We offer flat fee MLS listing programs that do more than just establish a listing in the MLS. We offer by owners a unique Realtor® email marketing strategy through our Street Smart ADDvantage® Realtor® E-Blast plan.
Street Smart ADDvantage® Realtor® E-Blast is the most well-read Realtor®-to-Realtor® email in the United States. Twice a month, every Realtor® within 35 miles of a Street Smart ADDvantage® Realtor® E-Blast listed property receives an email. The subject line of the email reads “High Co-Broker Commission Properties Near You.” Street Smart ADDvantage® Realtor® E-Blast is reserved for our by owner MLS sellers that are offering a 4% or greater buyer's agent commission. While offering such a large incentive to one agent is an effective marketing strategy, not all by owners are in a position to offer such a high Realtor® incentive. Often, flat rate MLS sellers offer just 2% or 3%, not 4%! But, for the by owner MLS sellers that can afford to offer a higher than average commission, it grabs the Realtors® attention…And, as a result, Street Smart ADDvantage® Realtor® E-Blast properties are shown more by Realtors® than any other by owner MLS listings at ADDvantage®.
Another successful by owner MLS listing plan is ADDvantage PLUS™. This is a “hybrid flat fee MLS-by owner” plan and offers 100% concierge contract-to-close service. If the service exists at ADDvantage, the by owner MLS seller gets it with “Plus”. ADDvantage PLUS™ comes with contract-to-close representation, Street Smart ADDvantage® Realtor® E-Blast marketing, metal sign, and we schedule all showings. The only difference between a “Plus” by owner MLS listing and a traditional 6% full-service listing, besides the huge cost savings, is we don't necessarily hold open houses. Open house services are dependant on our local agent's availability. The cost of ADDvantage PLUS™ is $799 at close. We take no commission, it is flat fee all the way!
Whether listing by owner MLS in Florida, North Carolina, Missouri or other states, there is only one national brand of flat fee MLS that offers by owner MLS services combined with unique FSBO marketing innovations and integrity. Our brand of flat rate MLS is recognized as the most trusted name in by owner MLS…the ADDvantage Real Estate Network.