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Frequently Asked Questions


Q Is this the Multiple Listing Service that all the realtors use?
A. Yes the MLS system is the same one that your local Realtor uses.


Q. How soon will the information and the picture be published?
A. The information will be published the very next business day, the picture on our web site will appear in about 2 to 3 business days.

Q.
Will other Brokers object to this type of listing?
A. The other Brokers only care that their commission is guaranteed, this type of listing does not impact other agents trying to sell the house.

Q.
I thought that if the house is listed on MLS the commission had to be a certain percentage?
A. That is incorrect, the rate of commission is negotiated between a seller and their Broker.

Q.
How long do I have to list for?
A. Our listing agreement is for a period of 6 months and our fee is based on providing you with six months worth of service; however you may cancel your listing at any time.

Q.
What if I sell the house on my own?
A. You have the right to sell your house on your own, you will not be obligated to pay any commission, our fee is prepaid in advance and there are no other charges after that.

Q.
Are there any other companies doing what you are doing?
A. To our knowledge there are no companies that are offering to list your property on MLS for only $ 300.00 however there are copycat companies that charge a flat fee as a commission.

Q.
What commission percentage should go in the commission box?
A. Commission is negotiable, generally the selling brokers commission is 50% of the total commission so a good rule of thumb is to offer an amount equal to 50% of the commission generally charged in your area.

Q.
What zone is my house in?
A. The MLS designates zones for every area that it covers, just leave that box empty and we'll fill out the appropriate box.

Q.
I don't know what the ML# is how can I fill it out?
A. Leave it blank, the number will be assigned after your listing is inputted.

Q.
Do you offer any other online services?
A. Yes we do, we offer  financing, home improvements and new construction.

Q.
Can any Broker show my house?
A. Any broker who is a participant to the local Realtor board. (most brokers are)

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customerservice@realtyforless.com

Phone: 631-656-6586

 

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