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)
Florida Flat fee MLS is a term used to describe a practice in Florida in which realtors place pertinent information about a Florida property for sale into the database of a Florida 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.
Miami, Florida home or condo sellers may use a flat fee MLS broker and sell (or otherwise transfer title to the real property) to any person whom they procure without having to pay a commission or penalty (i.e. someone who is not represented by a buyer's (or cooperating) broker).
- Search for a Flat fee MLS broker in Florida and Go FSBO!
- Wipe out the listing brokerage commission and save thousands.
- Stay in control by eliminating certain contractual risks that are present when using a full service real estate broker.
- Deal directly with a licensed Florida MLS broker provider. Fees vary by State, County, and Local Broker.
- MLS Listings are updated in real time and are available for viewing on www.realtor.com and your local MLS 24/7.
Chapter 475.278, Florida Statute:
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