What is the Multiple Listing Service (MLS)?
The MLS (multiple listing service) is a computerized list of the homes for sale listed with licensed Realtor® (s). In the Charleston area, this includes Charleston, Colleton, Berkeley and Dorchester Counties. Only Licensed Agents are granted the complete information that is available on the MLS, but potential buyers can access the MLS as a way to gain public information to find a house in a particular price range or area.
What is Syndication? We take the listing information about your home's features and distribute it to the busiest national real estate websites. A great example of an online marketplace powerhouse is Realtor.com, which generates huge traffic for listings daily. In addition to Realtor.com, your listing is automatically fed to dozens of other popular online real estate partners.
How Many Months Is My Contract? Your home will be on the MLS for up to one year. Your Listing Agreement with Charleston Flat Fee Real Estate may be terminated by you at any time.
Do you charge a monthly maintenance fee? No. The $399 you pay for our online, MLS FSBO marketing service covers the entire year.
What is included in my listing package? Included in our For Sale By Owner Charleston listing service, along with your property's description, you get up to 24 photos on the Charleston SC MLS (which you provide), you are listed on Realtor.com, and your property is syndicated to other major national and local real estate websites,
Will I be able to Sell By Owner without paying additional fees? Your listing agreement allows you to save the commission IF you procure the buyer and handle the sale By Owner. You are provided with current real estate contracts to take to an attorney should you have the opportunity to sell your property yourself. In order to be listed in the Charleston Trident Association Multiple Listing Service (MLS), the SC Real Estate Commission requires you to agree to compensate agents who show your property IF they procure your buyer. In the Charleston market, 3% is the competitive commission for Buyer's Agents.
How can you charge such a low Listing Fee? Sellers who chose the $399 online MLS service are getting huge savings because there is limited service/interaction from our company. As the seller, you are responsible for photographs, writing your property description, and filling out all paperwork.
Will you come come to my house to evaluate my house and give me staging advice? I am happy to provide you with information about market conditions in your neighborhood, but the $399 listing fee is affordable because our relationship is handled via phone, email and fax.
How do I access contracts? In most instances your buyer's agent will present you with an "offer to purchase", aka Agreement to Buy Real Estate, but if you and an unrepresented buyer come to terms, I will provide you with the necessary contracts for you and your buyer. It is up to you to have them reviewed by an attorney and legally filed.