Home Selling in 53223>Question Details

Snagy02, Home Seller in 53223

how do I get an MLS # and list a home for sale by owner in Milwaukee WI?

Asked by Snagy02, 53223 Wed Nov 30, 2011

Help the community by answering this question:



Hope this helps and doesn't come accross as biased...

You have multiple options when selling... three of those are:
1) List it yourself For Sale By Owner = NO MLS#
a) Hire an FSBO company to put a sign in and put on their website
b) buy your own sign from the hardware store, run ads in the paper, etc.

2) List with a "Limited Service" Broker (sometimes known as FLAT FEE) = MLS#
They do what their name implies... Limited service to you (their limited client), you still need to sign a listing contract with that broker, agree to pay a commission to that broker if they or any REALTOR brings you a buyer (that successfully closes). You still may be able to source your own buyer in this scenario as well. You will also somehow compensate the listing broker for listing your home... sometimes it is a flat-fee, sometimes a commission amount. They will explain what services that they are not providing to you that you would be owed (and pay for) in a traditional listing.

3) List with a FULL-SERVICE brokerage = MLS# and who is legally bound to negotiate for you, put your interests first, help you price and market to get your home sold in your timeframe and for a fair price. You will have a higher commission in this scenario...
Depending on your ability and/or desire to market, negotiate, deal with order title, negotiate inspection issues, hold open houses, be there to answer calls for showings, show the house... You may see the value of hiring the right agent with the right plan, heck... you may even be able to negotiate a better selling price/terms... who knows?


People do go the limited service route and do it successfully!

If you ultimately choose to go limited service to get the exposure of the Multiple Listing Service and an MLS#, choose the Limited Service broker carefully as you would a full service one...
A few items that I would do:
Look at their current listings.
Talk to someone who has sold through them.
Check the Department of Reg and Licensing website.
Ask if they can put together a market analysis (CMA) for you and help you set the price.

Good luck!

1 vote Thank Flag Link Thu Dec 8, 2011
Hi Snagy 02,

You need a skilled realtor to help you sell your home. I would suggest you interview several realtors. Let me know if you have any questions about our real estate program.

Mary Skanavis
Homeowners Concept
website: homeownersmke.com
0 votes Thank Flag Link Wed Nov 30, 2011

Just give our office a call. We can have you up and running within 24 hours. Our commission rate is extremely competitive. Check the website for details - GoBadgerland.com

Bob Tarantino, President
Badgerland Realtors, LLC
(262) 732-5800
Web Reference: http://www.GoBadgerland.com
0 votes Thank Flag Link Wed Nov 30, 2011
We do both limited service and full service listings which will bring the full exposure you are looking for. Please feel free to contact me anytime or please see what we offer under our limited service package at http://www.totalrealty.com

Troy Miller, ABR, RNG
0 votes Thank Flag Link Wed Nov 30, 2011
Hello Snagy02,
Trulia does not accept for-sale-by-owner listings.

In order to have a MLS # assigned then you would need to list your property with a real estate firm. You may wish to consider a flat fee real estate service who could post your listing on your local MLS system for a small fee but they do very little other marketing of your home.

If you wish to give your home more exposure out on the internet then I suggest that you work with a local experienced agent who can give your home maximum exposure on the various real estate web sites as then it may sell more quickly.

Good luck to you!

Laura Feghali
Prudential Connecticut Realty
0 votes Thank Flag Link Wed Nov 30, 2011

You cannot do it on your own. You would need to list with someone that is a Member of the REALTOR'S® Association. There are some limited services companies that will list for you for a flat fee. Make sure you really do comparison shopping before listing with anyone. Ask many questions before making your final choice.

Good luck on selling your home.
Web Reference: http://www.lindacefalu.com
0 votes Thank Flag Link Wed Nov 30, 2011
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