Put the power of hundreds of real estate agents to work selling your house at a fraction of the commissions you would pay for a "full service" listing. Sell Fast by reaching buyers who use real estate agents
and still save thousands.
Pay *$199 - $499 for a flat fee mls listing
and save $6,000
on the typical commission on a $200,000 house
*Prices are set by local Realtors who provide the service through Audrie.com
How does it work?
Flat fee mls works because there are two real estate agents involved in the sale of almost every house: the "listing agent" who works with the Seller, and the "buyer's agent" who works with the Buyer.
Listing Agent
Typical Listing agent tasks
Buyer's agent
Typical Buyer Agent tasks
1. Put home in local MLS
2. Assist in setting price
3. Provide "For Sale" sign and newspaper ads.
4. Host an open house
1. Search MLS for homes that match Buyer's wishes.
2. Take Buyers to see homes.
3. Prepare offer and assist with negotiations
$6,000 (3%)
$6,000 (3%)
On a $200,000 house, the Seller typically pays 6% commission ($12,000) which is split evenly, with the "listing agent" getting 3% or $6,000 and the "buyer's agent" getting the remaining $6,000 (yes, the Seller pays the "buyer's agent").
A flat fee listing eliminates the $6,000
that goes to the "Listing Agent" and replaces it with a "flat" fee of $199 - $499
The Seller is still obligated to pay the Buyer's agent
but in most areas the Buyer's agent will accept 2.5% or $5,000 in our example of a $200,000 house.
Instead of $12,000, the Seller pays $5,000 plus the listing fee for a savings of over $6,000
No Free Lunch!
For his relatively small Flat Fee, the "listing agent" is obligated to perform only one task: he puts the home in the local MLS. He or she is *not required to:
Assist the Seller in setting a selling price.
Provide a "for sale" sign for the front yard.
Provide a "lockbox" so agents can show the house when Seller is not at home.
Place ads in local newspapers or
Host an "open house" for local realtors and prospective buyers.
Audrie.com will stay with you and provide guidance through every step of selling your home.
*Much of the difference between our $199 and $499 flat fee listings lay in services provided by the local realtor.
A MLS listing looks like an Internet ad, but is fundamentally different. The Seller must sign a "Listing Agreement" that specifies both the "flat fee" and the 2.5 - 3% to be paid to a "buyer's agent." The Listing Agreement makes the "listing agent" responsible for:
The accuracy of a detailed description of the seller's dwelling.
Making sure the seller pays the agent who brings a buyer that purchase his home.
Complete For Sale By Owner Kit $59.95
Includes contract package and photo tour packages below, plus a for sale by owner yard sign with stand and a directional sign. Internet listing remains active until home is sold. Order now. Learn more...
Contract Package $14.20
Real estate forms & contracts to legally sell or buy a home. Designed to meet individual state requirements, our contracts have been used to sell homes in every state. Download them in Microsoft Word format for Windows & Mac. Most also available in PDF. Order now.
Photo Tour Package $26.95
Internet web page ad with up to ten pictures of home plus property description and choice of 28 eye-catching headlines. Also includes choice of two advertising flyers for local distribution. Order now. Learn more...
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Copyright Oct. 2007 by Audrie.com Corporation
Stone Mountain, Georgia Fax: 770-469-2180
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