Lahaina Flat Fee MLS Listing $250.00
Flat Fee MLS “For Sale By Owner” or “FSBO” MLS Listing in Lahaina is the practice in the real estate industry where a seller enters into a listing agreement with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction. The buyer’s agent is still typically offered a percentage though that could be a flat fee as well.
A discount flat fee MLS brokerage typically unbundles the services a traditional real estate brokerage offers and list the property for sale in the local multiple listing service (MLS) a la carte without requiring the seller to use its services for valuation assistance, negotiating, transaction management and showing accompaniment.
Flat Fee brokers are real estate brokers, just like the national brand names, but offer discounted or unbundled services. Most flat fee brokers do offer full service brokerage services.
In the the listing agreement between the Hawaii real estate broker and the property owner typically requires the broker to enter the property into the MLS and provide other contracted services, with the broker acting as what the traditional industry has coined a “limited service broker”. Instead freedom of choice is expanded to allow sellers to pick from a menu of services.
Within the nontraditional real estate services market, there are multiple programs offered to sellers that share the common objective of saving the consumer money by reducing the overall expense of selling real estate. A “nontraditional service” does not automatically entail “limited service”. For instance, some full-service brokers list properties under a full-service agreement but charge a “flat rate” that is not a percentage of the sales price.
For Sale By Owner ( Multiple Listing Service) is not different from traditional real estate brokerage services. Because the MLS requires a listing agreement between a real estate broker and property owner, we provide this service to the State of Hawaii.
The main differences flat fee Multiple Listing Service and traditional services, flat fee, FSBO or “For Sale BY Owner” allows the seller to sell and not pay a commission.
With traditional 6% commission real estate agents, if you sell your own property, you will own the agent a high commission. For Sale By Owner allows the customer to sell as a FSBO, and with an agent, having the best of both worlds.
You are not a 100% “FOR SALE BY OWNER” on the MLS, you are listed with an agent but still have the option to sell your own property without paying a buyer agent commission.
We are a hybrid real estate brokerage and not the traditional 6% commission agent. Flat Rate or FSBO MLS listing services have been around on the mainland for years, we are making it available in Lahaina and all Hawaii, Kauai, Maui, Molokai and Oahu counties.