Do you post to MLS when selling FSBO?

[Leland S.]

I am planning to use a flat fee real estate broker to sell a house in Nashville TN market because it's a hot market and low inventory. I'd like to avoid the 3% buyer fee, but the broker said I have to post a % profit to list on the MLS. It appears too that the MLS has a contract that states I will pay the fee offered on any acceptable offer. So basically that is saying if there's an offer for ask, I must pay the fee listed - understandable. So my idea is to list on MLS for 1% and then utilize the websites to sell the property hopefully to a solo buyer and adjudicate the offers after about 5 days period.

Does anyone else here try to avoid the real estate agent fee's or do they just suck them up and do the standard 3% all around? Particularly in a low inventory market, where not much help is needed to sell a house, supposing it's the right price for buyers to pay.

How do you maximize # of bids on the place in order to have either competition or ability to select the best offer? This agent says most offers are through the website listings so open houses aren't important. 

[Michael Noto]

@Leland S. If your plan is to offer a 1% commission to a buyers agent I would not even list it on the MLS.