Flat Fee MLS Smithfield, Rhode Island
Flat Fee REALTORS ®
Flat Fee MLS Listing in Smithfield, Rhode Island is probably the best way to sell real estate. However, like REALTORS®, there are many bad flat fee companies. We have done our best to rate companies in Smithfield, Rhode Island based on 3rd party reviews (found on their site & other places), the company must be located in Smithfield, Rhode Island and the company cannot be a 3rd party referral site. We like to see companies accredited by the "Better Business Bureau" (BBB).
Smithfield, Rhode Island Best Flat Fee MLS Companies
EntryOnly.com
(reviews)
EntryOnly.com services the New England states of Maine, New Hampshire, Vermont, Massachusetts, Connecticut and Rhode Island. Company is owned by Jason Saphire and been in business many years and done thousands of flat fee listings.
FlatFeeGroup.com
(reviews)
Flat Fee Group is a national site so you can work directly with your state broker. Some national sites are 3rd party referral sites. Flat Fee Group is not one of those sites. We feel this is the best national site.
BestChoiceFlatFee.com
Best Choice Flat Fee is a national association of Flat Fee brokers. Unlike most national sites, this is not a 3rd party referral site. Each state has a broker you can work directly. Click on your state, see broker reviews and interview your listing broker, before listing.
National Flat Fee Association
National Flat Fee is an association of Flat Fee brokers. Unlike most national sites, this is not a 3rd party referral site. Each state has a broker you can work directly. Click on your state, see broker reviews and interview your listing broker, before listing.
FlatFee.com
(reviews)
Company is located in Hollywood Florida and also services Alabama. From their website: "FlatFee.com have worked hard under the belief that we must provide consumers with alternate ways to sell and buy a house."
BrokerDirectMLS.com
(reviews)
Located in New Jersey, Broker Direct MLS is licensed in many states it services. From their website - "From their website, "We've been at it the longest, have the best technology of any flat fee brokerage"
ByOwnerMLS.com
(reviews)
This is a 3rd party referral site. Located in California. From their site: "The leading By Owner website since 2003, we've helped thousands sell their homes By Owner. Save the commission (an average of $15,000) without compromising the results. Learn how ByOwnerMLS.com makes it easy to sell your home."
MLSMyHome.com
(reviews)
This is a 3rd party referral site. Located in Texas. From their site: "Flat Fee MLS Listing taken to a whole new level. Instead of charging a percentage commission for each transaction, MLS MY HOME Flat Rate Listing offers an A La Carte Menu of services to For Sale By Owners to choose from. We allow home sellers to save thousands upon thousands of dollars. With our Flat Rate Listing, we give our clients more than any other For Sale By Owner Site. And our clients recognize that they are getting a real bargain."
Isoldmyhouse.com
No 3rd party reviews found on site
This is a 3rd party referral site - Located in Manchester, CT. From their site: "You can use our powerful real estate marketing platform that puts you in control. You will get access to the tools that actually work when selling a home in today's market. Including the power of the MLS, internet search engines, real estate search portals and social media for you to target real buyers who are actively looking for homes for sale in your local area!"
ByOwnerFlatMLS.com
No 3rd party reviews found on site
This is a 3rd party referral site. Located in Florida. From their site: "Flat fee MLS is a term used to describe a practice in which realtors place pertinent information about a property for sale into the database of the local Multiple Listing Service (MLS) for flat fee as opposed to a commission based on the contract selling price. All the benefits associated with an MLS listing will be realized at a fraction of the cost."
FSBO.com
No 3rd party reviews found on site
This is a 3rd party referral site - Located in Georgia. Info from their site: " FSBO.com has been bringing buyers and sellers together since 1997 by providing them with the simplest and most cost-effective route to selling or buying properties online and saving them thousands of dollars each in the process."
Houzeo.com
No 3rd party reviews found on site
This is a 3rd party referral site. Located in New York. From their site: "Multiple Listing Service (MLS) is an online database where all the properties on sale are available. Only licensed agents have access to this database. MLS is the source where 88% of the buyer agents look for a property to recommend to their clients. That’s why, it becomes crucial to list on your home on the MLS."
FSBO.com
No 3rd party reviews found on site
This is a 3rd party referral site.
Listwiththeotter.com
No 3rd party reviews found on site
This is a 3rd party referral site. Located in Michigan. From their site: "List With The Otter is here to be your portal to the Multiple Listing Service and many other services that may be needed as you go from the idea of selling to SOLD."
ListwithFreedom.com
No 3rd party reviews found on site
Located in Florida - From their site: "List With Freedom has been in business since 2005, helping sellers save thousands of dollars on the process of listing and selling their homes."
ByOwner.com
No 3rd party reviews found on site
This is a 3rd party referral site. Located in Boca Raton, Florida. From their site: "ByOwner offers that powerful tool to you for a nominal flat rate—PLUS adding your home to the sales pages of Realtor.com, Zillow, Trulia, Redfin, Bing, Yahoo, MSN, and many other popular websites. With our MLS listing service, a one-time, low flat fee gets your home on the MLS and top Internet listing sites, without ever paying a traditional commission. Learn more about the benefits of our flat-fee MLS package"
Beycome.com
No 3rd party reviews found on site
This is a 3rd party referral site. Located in Florida. From their site: "Upon closing, we collect the typical 3% buyer agent commission, we will keep 1% to cover our cost, and credit you back the rest which normally belongs to us, instead, we are placing it in your pockets."
UpNest.com
No 3rd party reviews found on site (reviews)
This is a 3rd party referral site. Located in California. The site appears to put your listing "out for bid" once you sign on.
Flat Fee MLS
Smithfield, Rhode Island
4/11/23
What is Smithfield, Rhode Island Flat Fee MLS Listing?
A flat fee MLS listing in Smithfield, Rhode Island is a service offered by certain real estate companies where you pay a one-time fee to list your property on the Multiple Listing Service (MLS) in Smithfield, Rhode Island. The MLS is a database that real estate agents use to find properties for their clients, and by listing your property on the MLS, you can reach a wider audience of potential buyers.
With a flat fee MLS listing in Smithfield, Rhode Island, you typically pay a one-time fee, which can vary depending on the company and the services they offer. Some companies may offer additional services, such as professional photography, signage, and other marketing tools, for an additional fee.
It's important to note that with a flat fee MLS listing in Smithfield, Rhode Island, you will still need to pay a commission to the buyer's agent, which is typically around 3% of the sale price. However, by listing your property on the MLS, you can potentially save money by avoiding the listing agent's commission, which is typically around 2.5-3%.
What list with a flat fee REALTOR ® in Smithfield, Rhode Island
Listing with a discount flat fee REALTOR ® in Smithfield, Rhode Island can have some advantages, especially if you're looking to save money on real estate commissions. Here are some reasons why you might consider listing with a discount FLAT FEE REALTOR ®:
Lower commission fees: Discount agents typically charge lower commission fees than traditional real estate agents. This can save you thousands of dollars in commissions.
Flexibility: Some flat fee REALTORS ® offer a la carte services, which means you can choose which services you want and only pay for what you need. This can give you more flexibility in how you sell your home.
Local expertise: flat fee listing in Smithfield, Rhode Island are often just as knowledgeable about the local real estate market as traditional agents. They can provide you with valuable insights and help you price your home appropriately.
Online marketing: Many flat fee REALTORS® use online marketing to sell homes. This can be an effective way to reach potential buyers and get your home sold quickly.
Personalized service: Some discount REALTORS® offer personalized service and are willing to work with you to meet your specific needs. They may be more flexible with their schedules and be able to provide you with more individual attention than a traditional agent.
It's important to note that not all flat fee companies are the same. Be sure to do your research and choose a reputable and experienced agent who can provide you with the services you need at a price you can afford.
What is the Smithfield, Rhode Island Flat Fee MLS
The Realtor Multiple Listing Service (MLS) is a database of property Smithfield, Rhode Island listings that is used by real estate agents and brokers to share information about properties with each other.
When a property is listed for sale in Smithfield, Rhode Island, the real estate agent typically enters the details of the property into the MLS database. This information typically includes details such as the address, square footage, number of bedrooms and bathrooms, and any special features or amenities of the property.
Other real estate agents who are members of the same Flat Fee MLS can then search the Smithfield, Rhode Island database to find properties that meet the criteria of their clients. For example, an agent might search for properties in a particular price range, in a certain location, or with a specific number of bedrooms.
When an agent finds a property that matches the criteria in Smithfield, Rhode Island of their client, they can contact the listing agent to schedule a showing or make an offer on the property.
The MLS system also facilitates the sharing of commission between the listing agent and the agent who brings the buyer to the transaction. This commission is typically split between the two agents, with the listing agent receiving a percentage of the sale price and the buyer's agent receiving a percentage as well.
Overall, the Smithfield, Rhode Island Flat Fee MLS system helps to streamline the buying and selling of real estate in Smithfield, Rhode Island by making it easier for agents to share information about properties and work together to facilitate transactions.
Why is flat fee MLS Listing the best way to sell in Smithfield, Rhode Island
It's important to note that there is no one-size-fits-all answer to the question of whether a flat fee MLS listing is the best way to sell a property. The best approach will depend on a number of factors, including the local real estate market, the specific property being sold, and the goals and preferences of the seller.
That being said, there are some potential benefits to using a Smithfield, Rhode Island flat fee MLS listing service. Here are a few:
Cost savings: With a Smithfield, Rhode Island flat fee MLS listing service, sellers can typically save money on commissions compared to traditional full-service real estate agents. Instead of paying a percentage of the sale price (which can add up to thousands of dollars), sellers pay a flat fee upfront.
Increased exposure: By listing a property on the Smithfield, Rhode Island MLS, sellers can increase the exposure of their property to potential buyers who are working with real estate agents. This can help to generate more interest and potentially lead to a quicker sale.
Control and flexibility: With a Smithfield, Rhode Island flat fee MLS listing service, sellers can retain more control over the sale process and have greater flexibility to make decisions about pricing, marketing, and negotiations.
Should I use a 6% agent or flat fee agent in Smithfield, Rhode Island
The decision to use a 6% agent or a flat fee agent ultimately depends on your personal preferences and circumstances.
A 6% agent typically charges a commission of 6% of the sale price of the property as their fee. This fee is usually split between the buyer's agent and the seller's agent. This commission structure is the traditional way of paying real estate agents and is still common today.
On the other hand, a flat fee agent charges a set fee for their services, regardless of the sale price of the property. This fee can be either a fixed amount or a percentage of the sale price, but it is usually lower than the commission charged by a 6% agent.
If you value having a full-service real estate agent who can handle all aspects of the home selling process, including marketing, negotiations, and paperwork, then a 6% agent may be the better option for you. However, if you are comfortable taking on some of these responsibilities yourself, and want to save money on commission fees, then a flat fee agent may be a good choice. We feel the best choice is using a full service flat fee agent.
Ultimately, it is important to interview several agents, and compare their fees and services, to find the one that is the best fit for your needs and budget.