MLS Listing Services

[Stephen E.]

Has anyone tried listing with an MLS listing service and offering 2 points to the buyer's agent?

I've seen services where you can list your property on the MLS for $300. If I put in the listing that the buyer's agent received 2 points it would save an incredible amount of money over paying a real estate agent 5%. This is an expensive house in a nice area with new construction, so it's not the kind of investment property one would market to the people looking to purchase FSBO properties. It's also in an area that's gotten very popular due to the current Covid situation.

But I don't want to give all my profits to the realtor, either. Especially if they're not bringing a buyer.

My plan would be to put up a sign on the property with a website full of great pictures. And get the property on the MLS, mentioning 2% commission in the description.

Anyway, I'd love to hear from anyone who has any experience with this. Thanks!