What is the difference between a Flat Fee Real Estate Company and a Flat Fee MLS Service?
The difference is really simple, SERVICE. When you choose to work with a Flat fee real estate company, such as Lincoln-Way Realty, you are being represented by an actual real estate broker. With a Flat fee real estate company, you get all the services of a “traditional real estate broker” with the savings of a flat listing fee. These services include but are not limited to MLS listings, professional photography, virtual tours, showing services, advertising and marketing services, along with professional assistance in contract negotiations and transaction management.
If you choose to work with a Flat fee MLS service, you have the opportunity to possibly save additional money on the sale of your home, which is great! HOWEVER, you could risk the opportunity of working with a professional and experienced real estate broker! Generally, a Flat fee MLS service gives you the chance to list your home on the MLS and then that is the extent of their services. You are not going to be represented by a real estate broker. Basically you will become the listing broker; it is up to you to market your property, schedule showings, handle contract negotiations and transaction management. Some Flat fee MLS services offer these additional services but they come at additional cost.
Overall, both of these services give a home owner the opportunity to save money when selling a home! If you are looking to save money yet receive the full service of a real estate broker then a Flat fee real estate company such as LINCOLN-WAY REALTY is your answer!!