Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Andrew Nagy

Andrew Nagy has started 1 posts and replied 3 times.

Post: Flat fee MLSs

Andrew NagyPosted
  • Posts 3
  • Votes 1
Quote from @Carlos Ptriawan:
Quote from @Andrew Nagy:

Hi,

I been researching flat fee MLS services because I'd like to control my own sale, and save money. I've come across a couple services I'm interested in, however, my main gripe with these services are not the fees, but the means of connecting buyers to sellers. They use a relay system where the potential buyer calls the service and your contact information is then given. This just presents one more wall between the buyer and the seller. Are there any services that allow contact information from the seller to be on the listing itself? Or is this an industry standard where only licensed realtors can have contact information on the MLS? This may be a deal breaker for me if so.


 There're many realtor brokerage services that's offering flat fee listing, that comes with "limited" service.
From my own experience using them, at the end of the day what matter is how ready is your property for someone to move into your home.

Rather than FSBO type of service I would rather flat fee listing agent,some of them are still really good.

I may be interested in this as well, but how much of a flat fee? some of the idea is to save money after all. 

Post: Flat fee MLSs

Andrew NagyPosted
  • Posts 3
  • Votes 1
Quote from @Jonathan Minerick:

Hi @Andrew Nagy

When you list on the MLS, websites (redfin, realtor.com, zillow, etc) will automatically pull in the listing information from the MLS. The MLS rules prohibit the sellers information from displaying on the websites - however - the websites are required to display the listing agents phone or email.

What you want to do is find a flat fee listing agent that offers automatic call forwarding (full disclosure, we are a flat fee agent and offer this). What automatic call forwarding means is that when a buyer sees your home on a website (e.g. redfin) the buyer will be able to call the listing agent number and be automatically connected to the seller just by providing the phone system some basic property info (street number, zip code, or MLS number).

The advantages of automatic call forwarding are 1) It works 24 hours a day since it is software (and not humans), and 2) It connects the buyer live to the seller.

Also note that the flat fee agent should be placing your contact information as the seller directly in the Private Remarks to Agents field of the MLS, so the buyer agents know to contact the seller direct. 90% of buyers have agents, so this is important that agents know to deal direct with the seller.

thanks for the reply, this is important information! 

Post: Flat fee MLSs

Andrew NagyPosted
  • Posts 3
  • Votes 1

Hi,

I been researching flat fee MLS services because I'd like to control my own sale, and save money. I've come across a couple services I'm interested in, however, my main gripe with these services are not the fees, but the means of connecting buyers to sellers. They use a relay system where the potential buyer calls the service and your contact information is then given. This just presents one more wall between the buyer and the seller. Are there any services that allow contact information from the seller to be on the listing itself? Or is this an industry standard where only licensed realtors can have contact information on the MLS? This may be a deal breaker for me if so.