Before an client gets in my car to house shop they have signed a contract with me to be their exclusive agent. This contract gives me the ability to negotiate on the client's behalf. If you place your house with one of the "No Service" Services for a fee and go in the MLS you will be negotiating on your own behalf against me. Who do you think will win that one? Also, most agents will look down the street and see a house listed with a professional so they will not have to work "both sides" of the transaction for less than half what they can earn down the street. As a result, my buyer will not have any competition for the purchase of your house.
Bottom line...It's a BAD idea
Coldwell Banker Vanguard Realty
These services are limited and will only list your home on the MLS. That will give you an opportunity to offer the 3% commission to the selling agent, because that's all that you can afford.
Make sure you set the price correctly.
Also, of course no flat fee MLS will ever replace the services a real estate agent would give you. However, you have to do what you have to do.
Faith Home Loans
I understand your situation and predicament, but have you thought of renting the property instead of selling at this time. This might be a better solution than selling the property at a possible loss.
You need to interview agents that will do "limited real estate" services and see who is the best fit for you.
There are also services that put your home on the MLS as limited service companies where you handle the showings, scheduling and negotiating the contract.
Jeff Launiere, ALHS, CDPE
Keller Williams Tampa Properties
Dao Alderman, Realtor, CPMS, CSP, TRC, CRS
Keller Williams Realty, New Tampa