1) My personal opinion is that you don't need to pay a premium listing commission to go COD route but that is just me. 5% should do the trick.
2) It needs to be on the MLS because a very high percentage of homes are sold by our cooperation with buyers brokers.
3) However a lot of unrepresented buyers go the COD route, so craigslist, TRULIA (good plug-in I know), Zillow, etc... thos platforms need to be covered.
I agree with everyone else. You need to speak with someone that knows the mechanics of COD's because this is not traditional real estate. Don't pay an arm and a leg to get it sold, and internet marketing with GREAT pictures should bring you what you want.
I don't cover East Bethel but know some people that do. Hit me up if you are looking for a referral.
As far as the CD terms go, Aaron and Charles are correct, most agents don't understand them because they haven't been popular recently. We've been doing a lot more of them lately. Give me a call if you'd like.