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Alabama Flat Fee MLS Home Selling

Alabama Flat Fee MLS

Limits choice of brokerage services
Prohibits brokers from offering rebates to consumer


Alabama
law requires real estate brokers to perform a host of services for consumers, including accepting and presenting offers and counteroffers, as well as answering their clients’ questions, in every transaction involving an agreement to list an owner’s property for sale. Brokers must perform these services whether consumers want them or not. Brokers cannot offer and consumers cannot purchase MLS-listing-only and other à la carte services.

Alabama
law
also prohibits brokers from offering consumers rebates. In practice, the Alabama Real Estate Commission permits rebates before closing but forbids cash payments or other incentives offered after closing.

Alabama (AL) FSBO By Owner Flat Fee MLS Discount Service Offered Through Brokerless, Inc. - Contact Us: 305-772-1173


Flat Fee MLS Savings Hypothetical

Full Service Listing without Flat Fee

$500,000 Sales Price

3% Commission to Buyer's Agent: $15,000

3% Commission to Seller's Agent: $15,000

Listing with Flat Fee MLS Discount

$500,000 Sales Price

Commission to Buyer's Agent: $0 - $15,000

Flat Fee to Brokerless, Inc: $295

Savings to YOU: $14,705 (minimum)

$29,705 (if buyer does not have agent)


Alabama Flat fee MLS is a term used to describe a practice in Alabama in which realtors place pertinent information about a Alabama property for sale into the database of a Alabama local Multiple Listing Service (MLS) for a set fee or dollar amount as opposed to a commission based on the contract selling price of the property.

Alabama MLS Systems and Boards

Baldwin County MLS (Mobile), Birmingham MLS, Calhoun County MLS, Dekalb County MLS, Dothan MLS, Gulf Coast MLS, Huntsville MLS, Lee County MLS, Montgomery AOR MLS, North Alabama MLS, Tuscaloosa MLS, Wiregrass BOR MLS

Alabama Counties Covered:

Autauga Baldwin Barbour Bibb Blount Bullock Butler Calhoun Chambers Cherokee Chilton Choctaw Clarke Clay Cleburne Coffee Colbert Conecuh Coosa Covington Crenshaw Cullman Dale Dallas De Kalb Elmore Escambia Etowah Fayette Franklin Geneva Greene Hale Henry Houston Jackson Jefferson Lamar Lauderdale Lawrence Lee Limestone Lowndes Macon Madison Marengo Marion Marshall Mobile Monroe Montgomery Morgan Perry Pickens Pike Randolph Russell Saint Clair Shelby Sumter Talladega Tallapoosa Tuscaloosa Walker Washington Wilcox Winston

 

 

 

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