Texas Flat Fee Listing options from Modtown Realty
It is all too common that homes go unsold when being listed FSBO (For Sale By Owner) because it’s proven that over 80 % of homes are sold through the MLS (Multiple Listing Service).
The MLS service is not open to the public and your property can only be listed on the MLS when using a licensed realtor. Listing your home with a realtor can be expensive and they typically charge 6 % of sales price. 3% usually goes to the seller’s agent and 3% to the buyer’s agent. Although we highly recommend that you offer 3% to the buyer’s agent, we have 4 unique plans that can save you THOUSANDS on the seller’s agent side starting at only $249.
Basic Plan
Intermediate Plan
Full Service Plan
No Risk Plan
FEE's
$249 up front + 3% buyers agent commission at closing
$349 up front + 3% buyers agent commission at closing
$999 up front + 3% buyers agent commission at closing
$0 up front 3% sellers agent commission + 3% buyers agent commission at closing
Term
6 Months
1 year
Unlimited - Until Sold
Unlimited - Until Sold
Listing on the MLS
Featured on ModtownRealty.com
Listed on Realtor.com
Listing on Trulia, Zillow, Craigslist, 100's of other local Real Estate Sites.
CMA Report (Comparative Market Annalysis)
Price Changes
Basic Yard Sign
Premium Metal Framed Yard Sign
Create Professional Online Flyer
State Approved Contracts & Disclosures
Forwarding Phone & Internet Leads
Screening and Pre-qualifying Leads
Coordinating Showings
FREE Combo Lockbox
FREE Supra Lockbox Rental
Coordinate Property Showings
Pre-Screening Buyers via CSS (Centralized Showing Services)
Professional Photos
Professional Virtual Tour
Overseeing Closing Process (Broker Support to negotiate with the buyers broker, negotiations, monitoring option period, buyers financing, coordinating inspections and closing date, etc )
EXTRA's
Supra Lockbox Rental
$199 + $100 deposit
Premium Yard Sign
$99
Create Professional Flyer
$50
Weekly Craigslist Postings
$25/wk
Weekly Backpage Postings
$25/wk
Professional Photos & Virtual Tour
$125
Premium Metal Framed Sign
$50
Registering with CSS (Centralized Showing Service) for scheduling showings
$50
Premium Listing on Loopnet (Mainly recommended for Commercial & Multifamily Properties)
$50
FAQ’s
What will I have to pay if I sell my own property directly to the buyer?
You would only be responsible for the up front flat fee charges or 1.5% of the sales price for those that have chosen the No Risk Plan. You would no longer be responsible for the buyers agent commission.
How long will it take until my property is up on the MLS?
Your listing should be live within 24 hours of receiving your listing documents.
How long will it take until my property is up on Realtor.com?
Realtor.com usually updates their system every 3 days or so and should receive the information from the MLS within that time.
How can I be assure that the MLS information is correct?
Once your property has been uploaded to the MLS we will send you an email with your listing to review.
How many times can I make changes to my listing?
We do not charge for changes and all you will have to do is simply email us at modtownlistings@gmail.com and your changes will be made within 24 hours.
How do I submit photos for my listing?
Please email up to 10 photos to modtownlistings@gmail.com. PLEASE NOTE: Your photos can be no larger than 500KB.
I’m having issues filling out the MLS profile, What should I do?
Simply fill the form out as best you can and email us any questions that you may have at modtownlistings@gmail.com. If we receive the form and still have questions then one of our agents will contact you right away.
When will I receive my lock box & yard sign?
We typically ship out your lock box within 2 days after your property has been uploaded to the MLS. These lock boxes are shipped out via priority mail and should arrive within 3 business days. If you have not received your lock box within 7 days after submitting your forms then please contact us by email at modtownlistings@gmail.com.
Why do you recommend that I pay a 3% buyers agent fee and not less?
Because 3% is the industry standard and we think it’s a good idea to offer what most of the other properties are offering to insure that your home isn’t avoided by Realtors® due to other properties offering more of a commission.
Can Modtown Realty help me find my next home?
Absolutely, we would be honored to help you find your next home and we even offer our listing clients 1% of our 3 % commission back at closing.
