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For Sale By Owner and Flat Fee MLS websites
Pub Date: 6/16/2008 3:49:38 PM
It seems like every For Sale By Owner website is also offering a Flat Fee MLS service. I thought the purpose of selling by owner was not to pay commissions to agents.

The flat fee MLS offers great discounts to sellers, but does not eliminate the commissions. By going to the MLS you are agreeing to pay a buyer agent a commission of 2% to 3%.

I now feel that as more and more sites display all the listings, the value of the MLS will decrease and more transactions will be done in true FSBO fashion with the help of a title company or attorney.
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