Analysis reveals sellers using a Flat Fee MLS listings in Virginia save thousands of dollars in Real Estate commissions verse less flexible methods.
Online PR News – 12-May-2011 – – Analysis of home sellers that used the leading Flat Fee MLS Listing agency in Virginia, GoToFSBO, in comparison to less flexible Real Estate methods reveals several significant financial gains, personal advantages and cost savings benefits.
Financial gains that include saving thousands or tens of thousands in Real Estate commissions. Personal advantages that include the flexibility to show a home when it's most convenient for the seller and cost saving benefits that arise from homes that remain on the market for shorter periods of time.
A shorter time on market provided significant cost savings due to reductions in utility and tax bills among other items that created the potential for even greater financial gains. As such, the Flat Fee MLS approach has increased in popularity during the current market conditions because it's been shown it can represent the difference between taking a loss and the ability to get a return on one's investment.
The study revealed that homes that sold for $300,000 using a GoToFSBO Flat Fee MLS package provided home sellers, as illustrated in this chart, an extra $9,000-$18,000 above what was achieved by sellers using less flexible 'traditional' real estate methods. While homes that sold for $400,000 realized savings of up to $24,000 dollars.
According to Debbie Kent, president of FSBO-
"Paying no commission or only 3% versus a 6% commission offers the homeowner the advantage of being priced lower than other homes of comparison with the added advantage of walking away with more in the seller's pocket. With the economic uncertainty we’re living in today, who isn't interested in saving thousands of dollars?"
GoToFSBO's Flat Fee MLS packages offer home sellers an opportunity to pay No Real Estate commission when selling directly to a buyer using their experienced and fully licensed fully Licensed GoToFSBO Realtors, Mortgage Brokers, Real Estate Attorneys, Title Company, Appraisers and Home Inspection services.
GoToFSBO homes are listed in the MLS where they are visible to prospective buyers in the same manner used by 'traditional' Realtors and provide the following Flat Fee Multiple Listing Services:
- For Sale By Owner using a Flat Fee GoToFSBO MLS listing where an outside Real Estate agent delivers the buyer resulting in paying only a 2.5 to 3 percent commission.
- For Sale By Owner using an all inclusive GoToFSBO package that contains an MLS listing, inclusion in an full color FSBO homes for sale magazine, website advertising, signage, brochures, phone support, purchase offer preparation, paperwork review and personal assistance from start to closing. A package that can result in paying No Real Estate commission.
Other valuable cost saving measures and benefits provided by GoToFSBO include a comparative Market Analysis and Appraisals, syndication on leading national websites and educational For Sale By Owner home selling seminars.
For more information on listing or purchasing a home using the Flat Fee MLS approach visit- http://www.gotofsbo.com/ or view the website in the window below. Interested parties are also invited to email or call GoToFSBO owner Debbie Kent.
About: GoToFSBO has been focused on creating a professional, cost effective and highly visible real estate service for home owners wanting to sell their property 'by owner' since 1995 with extreme care toward making the process go smoothly, improving the quality of the sales experience and helping sellers save money.