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Missouri Flat Fee MLS Home Selling

Missouri Flat Fee MLS

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


Missouri
law requires real estate brokers entering into exclusive brokerage agreements to accept and present offers and counteroffers, and answer their clients’ questions in every real estate transaction.

Many MLSs in Missouri have now passed rules requiring brokers to enter into exclusive brokerage agreements, so brokers in those MLSs are prevented from offering, and their clients prevented from buying, MLS-listing-only services.

Missouri
law, according to the Missouri Real Estate Commission, prohibits consumer rebates. The law prohibits unlicensed individuals from receiving part of the real estate commission and, since consumers are not licensed brokers, they cannot receive a rebate in Missouri.

Missouri Flat fee MLS is a term used to describe a practice in Missouri in which realtors place pertinent information about a Missouri property for sale into the database of a Missouri 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.

MO Counties Covered:

Adair Andrew Atchison Audrain Barry Barton Bates Benton Bollinger Boone Buchanan Butler Caldwell Callaway Camden Cape Girardeau Carroll Carter Cass Cedar Chariton Christian Clark Clay Clinton Cole Cooper Crawford Dade Dallas Daviess Dekalb Dent Douglas Dunklin Franklin Gasconade Gentry Greene Grundy Harrison Henry Hickory Holt Howard Howell Iron Jackson Jasper Jefferson Johnson Knox Laclede Lafayette Lawrence Lewis Lincoln Linn Livingston Macon Madison Maries Marion Mcdonald Mercer Miller Mississippi Moniteau Monroe Montgomery Morgan New Madrid Newton Nodaway Oregon Osage Ozark Pemiscot Perry Pettis Phelps Pike Platte Polk Pulaski Putnam Ralls Randolph Ray Reynolds Ripley Saint Charles Saint Clair Saint Francois Saint Louis Saint Louis City Sainte Genevieve Saline Schuyler Scotland Scott Shannon Shelby Stoddard Stone Sullivan Taney Texas Vernon Warren Washington Wayne Webster Worth Wright

 

 

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