Frequently Asked Questions

  1. What is the Multiple Listing Service?

  2. Does the MLS provide the biggest marketing advantage in selling houses.

  3. Is this the same Multiple Listing Service (MLS) to which all area Realtors belong?

  4. Will my listing appear on the Web Sites of other local Real Estate Companies?

  5. Will my property be listed on the Internet?

  6. With your Flat Fee Listing plan I pay a flat fee of $3,500.00 on the "listing" but do I still have to pay a "selling agent"?

  7. If I find my own buyer, will I still have to pay a selling commission?

  8. Will Realtors contact you or me for a showing?

  9. How long is the MLS listing period?

  10. Must I have a lockbox?

  11. Do I have control over flyer information?

  12. Do I have control over all listing information?

  13. How do I make changes to my listing?

  14. Will my listing look the same as a full listing commission to a traditional agent?

  15. Is it true that Realtors using the Multiple Listing Service (MLS) sell most houses and that they usually sell for a higher price?

What is the Multiple Listing Service?

The Multiple Listing Service (referring as MLS) is the National Association of Realtors (NAR) computerized list of homes currently for sale. This is an exclusive tool, only available to the 700,000 members of the NAR. The MLS is the primary tool used by Realtors to find homes for their buyers, and for most Realtors and buyers, it is the only tool they need to find the right home for them. Realtors search the MLS daily to find potential matches for their buyers, thus when new listings are entered, they are immediately evaluated by thousands of Realtors with prospective buyers, making your house rapidly popular.
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Does the MLS provide the biggest marketing advantage in selling houses?

Yes, the Multiple Listing Service (MLS) is responsible for 75% of home sales! This kind of exposure to buyers is not available anywhere else. You maximize your chances of selling your property more quickly and at a better price when it is listed in the MLS. When your property is in the MLS your property receives the broad coverage of a large number of realty offices that have access via computer to your home's availability, price and features. Being listed on the Realtors MLS enables you to take advantage of the power of thousands of Realtors in your area. That means more exposure for you!
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Is this the same Multiple Listing Service (MLS) to which all area Realtors belong? 

Yes.  All participating MLS Realtors belong to their local association of Realtors. Wherever you may be located, we will have a Nationwide Network of Realtors and will place you in the proper MLS for your area.
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Will my listing appear on the Web Sites of other local Real Estate Companies?

Broker networking is where brokers give each other permission to share their listings on each other�s web sites. Your listing could be displayed on other local real estate company active listings personal web sites.  Thus a buyer working with another real estate company who does a search will have your listing in the database.
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Will my property be listed on the Internet?

Yes.  Your property will be listed on www.Realtor.com www.HomeSeekers.com and www.realtysavers.net and other real estate websites for free. These Top 3 most active Internet web sites will give you national exposure to out-of-state homebuyers. This exposure can be a vital component in selling your home quickly and for the best price. These websites will obtain your listing directly from the MLS.
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With your Flat Fee Listing plan I pay a flat fee of $3,500.00 on the "listing" but do I still have to pay a "selling agent?"

Yes.  Any Realtor bringing a ready, willing, & able buyer with a satisfactory contract will be due a small "selling" commission of your choice, typical Buyer agent commission up to 3% of the selling price.
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If I find my own buyer, will I still have to pay a selling commission? 

No.  You still maintain the right to sell your home on your own. If you find your own buyer, you will not be obligated to pay a commission on the sale.
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Will Realtors contact you or me for a showing?

Contact Realty Savers.  Other realtor�s will call Realty Savers in advance showing or a preview of your home.
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How long is the MLS listing period?

The listing can be for up to 1 year but may vary in different counties. You can cancel the listing at any time without any penalty. 
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Must I have a lockbox?

Yes,  most Realtors depend on quick access and convenience. Realtors show many homes within a very short period of time, access to your home may make a difference. We strongly recommend a Realtor lockbox.
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Do I have control over flyer information?

Yes.  The Realty Savers has 5 choice templates.  The forms are very well designed and covers most every detail about your property. In some cases you are allowing to customize.
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Do I have control over all listing information?

No.  The Realty Savers has one-choice template and the MLS has 3-choice templates.  You cannot customize. The forms are very well designed and covers most every detail about your property.
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How do I make changes to my listing?

You may make multiple changes to your listing by contacting your local Realty Savers?agent.
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Will my listing look the same as a full listing commission to a traditional agent?

Yes.  Your listing is a full listing service from Realty Savers and look the same as all the other listings on your local MLS.
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Is it true that Realtors using the Multiple Listing Service (MLS) sell most houses and that they usually sell for a higher price?

Yes, it's true on both accounts. According to the National Association of Realtors, approximately 75% of all U.S. homes are sold through Realtors using the MLS and homes listed on the MLS average net proceeds of 7% higher than homes sold for sale by owner.

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