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Updated over 8 years ago on . Most recent reply

User Stats

275
Posts
63
Votes
Allende Hernandez
  • Miami, FL
63
Votes |
275
Posts

Flat Fee MLS Listing for remote property

Allende Hernandez
  • Miami, FL
Posted

Hi there folks,

I am in the middle of a negotiation with a seller and numbers are coming a bit tight. In my figures I always account for a 6% Agent commission since I will not be trying to sell the house myself. 

One of the ways I found could bring the deal back to the table is if I use one of the Flat Fee MLS listing services and save almost a full 3% in my side of the commission to an agent. I've read a bit and it seems to be working fairly well for many investors in BP.

Can anyone who have used it tell me if this is a practical idea for a distant property? My plan is to have a lockbox in the house and have buyer's agent do the showing since I wont be able to be around.

Thank you and Happy Investing!

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