Never heard of them before!
Keith, it's not illegal to have MLS as part of a URL its an abbreviation for a general term with no copywrite.
If you have a source that shows something to the contrary, post it here. Who were you going to report it to anyway? MLS means Multiple Listing Service
Sondi, some things to consider:
Who is the listing agency? Usually flat fee services will pay a local Realtor to just place the property in the mls at any price the seller picks out of thin air and hopes it sells. Pricing can be even more important than marketing, this is evident when a home is over priced and sits.....
I've seen on this company's site, it looks like one broker spends a lot of time getting licensed in several states personally. This is an example of spreading yourself a little too thin to start a nationwide flat fee listing service like the larger ones but going about it the wrong way. Imagine one person getting licensed in every state and getting a membership into every mls in each state? I'll give him an A for ambition, but how can he keep the laws, rules and mls's straight?
A listing agent should visit the house, discus seller motivation and needs for moving and subsequently tour the home go back to the office to run comps and then present you with a competitive market analysis to assist you with the pricing of the home, an extremely important part of the process.
Paying in advance to list a property in 6 month increments is an option but you'll also need someone to actively market your home that HAS an interest in seeing the home sells, that someone will have to be "You"
Short of learning how to become a Realtor and marketing expert from A-Z explaining why in any clarity or detail in the space provided covering every reason would be impossible without making it easy to be dismissed as a greedy Realtor just wanting to make another sale (which isn't a bad thing in this case).
If you have marketing knowledge, willing to do open houses be available at all times for showings (morning, day and night) and spend additional money on print advertising, flyer's and optimization of your web ads so they actually capture an audience and if you have access to all the local real estate agencies and agents fax and email address to proactively market your new listing in their faces then go for it.
How much control will you have over ad copy content?
I'd question the marketing plan, it left scratching my head....
The first link I clicked was NBC New York City which takes you here
Can you show me any listings here?
Can you tell me who will go here to search for a home?
Who would look here for a home and any statistics on how many people?
How many buyers did they get from advertising properties or their agency here?
All to commonly agencies, flat fee and fsbo services alike put together these ridiculous marketing plan schemes that won't help sell your home.
I've seen many brokerage firms throwing money to build company brand awareness and include that in a marketing plan for sellers. There is a difference between advertising and marketing and which will directly benefit selling your home is another story, especially when it's just a mls listing service. At least a conventional broker will generate a call or two to an office where agents will work with buyers and can direct them to your see your home.
The real estate industry should evaluate just how marketing dollars are spent and measure effectiveness.
I don't see the value here even IF they really advertise on this site, I didn't see any of their ads or properties there. I'm not going to examine all their advertising claims but that one already begins to draw a picture for me.
I'm sure you can find praise and nightmare stories so you'll have to decide how much work, effort, time and money you'd like to directly contribute to this process.
Keep in mind, your first price reduction is usually going to be more than the amount of money you would have saved by not using a professional. So how much is your time worth?
FYI: The fee you pay an agent AFTER selling your home is usually a tax deductible expense as a cost incurred while selling your home.
If you need any fsbo tips then ask me or any agent here and you should be able to get answer no strings attached. This is done with hopes that if you should decide to use a Realtor along the line that you'll reward the agent showing the most value to you.
That's at least how I roll... No pressure from this broker...