We
used this great service recently to
sell an investment property and saved
thousands of dollars. The way it works
is you pay a flat fee of around $700
and your home gets listed in the same
MLS system a listing agent would use.
An affiliate broker of the program does
the actual listing.
You agree to pay a 3% commission ONLY
to the
agent
that brings the buyer to sell your home. You
now have every agent in town working for to
sell you home, but you don't pay a listing
agent 3%. It really is a great deal because
you still get the leverage of agents working
to sell your home. Listing agents only sell
about 5% of the homes they list so why waste
the 3%.
The flat fee broker that handled our transaction
still recieved all offers, explained them
to us and provided all of the necessary documentation
including sales forms, counter-offer forms...etc.
The buying agent didn't even know we were
selling it ourselves. We even rented a lock
box so agents could show the home vacant.
Something you can't do with a newspaper ad.
Plus if you sell it by yourself i.e through
a newspaper add or a friend you don't pay
a selling commission. Here is the link to their site: