Question Details

Ramsey Hamood, Home Owner in Federal Way, WA

How much would you as a Real Estate Agent be willing to charge for a Flat Fee MLS Listing service?

Asked by Ramsey Hamood, Federal Way, WA Sat Jul 9, 2011

Our company is seeking Real Estate professionals nationwide to list our FSBO client listings on the MLS for a flat fee. We are conducting a market analysis to get an idea of how much agents nationwide would be willing to charge for this service. Agents affiliated with our program could anticipate anywhere between 3-5 Flat Fee clients per month.

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Answers

5
AVAH,
Send me the details to your program, then we can talk.
The devil is in the details.
1 vote Thank Flag Link Sun Jul 10, 2011
I think the words " market analysis" cause the problem. If you are asking for quote from a broker/agent you are most likely good. Replying to a request for a quote should not be a problem. Attempting to price fix is a problem! Agents and brokers try to hide behind the law and expand the law to areas which were never intended for the purpose of protecting commisions. Total BS in my opinion. It is not a federal offense to give a quote when asked what do you charge.
1 vote Thank Flag Link Sat Jul 9, 2011
It is against the Anti-Trust Act to discuss commissions. That is a federal offense.
1 vote Thank Flag Link Sat Jul 9, 2011
Avah,

I think the question was misunderstood by some agents, as it is not illegal to charge a flat fee to place a property on the MLS. I provide this service, and I charge $95 to put it on the MLS. Yes, I have cleared it with my local board of Realtor, and we are allowed to provide such service for a flat fee. The listing is placed under MLS Entry Only, and FSBO (seller) is the one that will be contacted by any potential buyer or agent. I hope this answers your question. Please contact me with any questions you may have.
0 votes Thank Flag Link Tue Jul 12, 2011
There are a few companies already online with services similar to those you're proposing. You may be best served if you researched how they went about doing what you're asking real estate agents to detail -- what one responder already pointed out is against rules and regulations to do. However, as we all know, COMMISSIONS ARE NEGOTIABLE.
0 votes Thank Flag Link Mon Jul 11, 2011
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