If you go that route, it is key that you do the research to price your house right. In my opinion, pricing your house right makes it sell verses making it easy to make realtors show. Realtors with a client that wants to buy.. Will show the house. That is how they get paid - making a sale.
Further, there are no attorney's fees unless you decide to hire one or title fees outside what is normal in a closing. Using a flat fee broker that is licensed in AR will allow you to use the same forms you can with a commission agent.
I sold property with a flat fee MLS agent before I got my license and it was easy and went well. It does require some familiarity with the process, but if you have bought a house before you can do it. The key is to do your research and price your home correctly. An agent can help advertise your home and provide professional advice, but if you know what you are doing you can save some money.
If you want to visit with an agent, feel free to contact me. If not, price your home correctly and I hope I can sell it.
In addition to watch Linda said..she is very correct when it comes to caution. Yes you are able to pay a flat fee and agents will have access to your listing. However, it is much more worthwhile to hire an agent. There is a lot that goes into work as an agent. Their job is to work as a liaison between buyers and sellers. They are hired to do the work for you. Ultimately, you would save money with an agent then you would for sale by owner. By the time you tack on title fees and attorney fees you're already running up the price. MLS is a great listing service, but there are so many other forms of advertisement that for sale by owner postings don't receive. It doesn't make it onto many of the other buyer friendly sites. When agents list a home they are likely to sell it faster due to their inside resources. If you sell it solo that is another cost to swallow. It may take more time, meaning more money dished out of your pocket. It's also very time consuming, especially if you have a career. Agents are paid to have this as their fulltime job and that has to do with the amount of work that is needed to be successful.
I hope this helps. If you decide to do it alone I do wish you the best. If you have any further questions feel free to contact me. Being in Little Rock I have access to more information you may need.
Good luck to you!
Just wanted to drop a line to caution you ahead of time. Please take the time to research what others have done in your area to sell their home. Getting an MLS # is such a small part of it. It's a great start, but it's only a start. A trusted real estate agent is such an asset when attempting to sell what is probably the biggest investment you have ever made.
An experienced agent knows the possible pitfalls and can usually avoid them in advance. Proper staging and professional pictures are very important. Screening the buyers to make sure they really are qualified buyers is also important. There are many services that a RealtorÂ® can provide that will enhance the sale of your home and more often for a better price in addition to negotiations after the inspection.
There are many posts here at Trulia that outline step by step why it it important to use an agent when selling your home.
If you do decide to do it on your own, I wish you the best.