Sheila's Blog

This is my first year in the real estate business in Tampa, Florida and do not understand why an "MLS Fee" is taken out of the buyer's agent commission. I was told by other senior agents that there is no such thing as an "MLS Fee."  I understand from what I have been told that there was a fee associated with MLS, but it is no longer charged.   I have asked listing agents why I am paying them this fee and was told it is being used to recoup their advertising, etc. cost.  I feel that charging this fee to your fellow Realtors is not fair and I have not charged the fee on any of my listing.  I am sure alot of Realtors are charging it simply because they are having to pay it when they are on the buyer side.  I just don't understand why it is allowed if there isn't really an MLS fee.