|
Q. |
What is MLS? |
| A. |
MLS (Multiple
Listing System) is a computerized database of
available properties for sale. It allows
Realtors representing sellers under a listing
agreement to market and share information about
their listed properties with other Realtors who
may be representing potential buyers. Listing
your home on your local MLS means your property
will get maximum exposure to buyers and real
estate professionals in your area. |
| Q. |
What is
Realtor.com? |
| A. |
Realtor.com is
the official online website of the National
Association of Realtors. With Realtor.com
prospective home buyers can search over 2
million current home listings nationwide
generated by information from local Multiple
Listing Systems. It has become the most visited
real estate website on the internet. |
| Q. |
How do Realtors
show my property? |
| A. |
If a Realtor
would like to show your property they will
contact you directly to set up an appointment. |
| Q. |
How much
commission do I have to offer a cooperating
broker who brings me a buyer? |
| A. |
You may offer at
least 2% of the sales price as commission. If
you find a buyer without the help of cooperating
broker, no commission is due. |
| Q. |
Who will handle
all of the paper work involved in the sale of my
property? |
| A. |
If you do not
feel comfortable with handling paper work and
reading over contracts, we recommend that you
contact a Real Estate Attorney to assist you. |
| Q. |
How will I know
my property is listed with all the correct
information? |
| A. |
Owens Real
Estate Services Inc. will e-mail or fax a copy
of your MLS listing so you may review it. |
| Q. |
How much money
will I save by listing on MLS for a flat fee? |
| A. |
Owens Real
Estate Services is the listing broker. Instead
of paying 2% - 3% commission to the listing
broker, you pay only a flat fee of $295. On a
$350,000 house, you will save approximately
$10,500. Commission is only due to the broker
who finds a buyer for your property. |
