Roswell, Georgia (PressExposure) May 25, 2011 -- Purchasing a home is already an expensive proposition, and out of reach for many Americans. But utilizing the flat fee MLS is a way to mitigate the costs of selling a home, according to fsbo.com.
Many homeowners have rolled their realtor fees into their mortgage, and that really means they have also rolled the MLS fee into a 30-year mortgage. Fsbo.com allows home sellers to take advantage of selling their home themselves or retaining the services of a seller's agent, paying them 2-3% of the purchase price, and using fsbo.com's flat fee MLS to reduce the costs. During the life of a 30-year mortgage, that can mean at least $15,000 in savings for the average home buyer.
Any home buyer or seller can view the MLS listings by area for free, and fsbo.com provides an additional listing location for buyers looking to purchase without a realtor, so sellers really get two listings for the price of one. For instance, Atlanta homes for sale by owner are not only reaching the buyers using the services of a realtor, but are also reaching a select group of buyers that may prefer to increase the amount of money they can spend on their home instead of paying realtor fees.
According to fsbo.com, it doesn't matter if a buyer wants to negotiate a deal buying homes for sale by owner in Las Vegas as a second home, looking at homes for sale by owner in Kansas City, or looking at homes for sale by owner in Madison, WI. No matter what the global economy looks like, smart home sellers and buyers are spending money wisely and looking to cut extraneous fees from their purchases.