DFWCityhomes is an established Flat Fee MLS listing Service and Full Service real estate company that represents buyers and sellers in University Park, Texas. Our clients receive a full service experience with agent representation at a fraction of the cost. Our simplified process is hassle-free, proven, and effective.
Interested in learning more? Watch this video and click MLS Listing Services and Buyer Rebate Service to see how we may help you. Contact Us or Call (214)-207-0210 and we will explain to you how our services can save you time and money.
A “Flat Fee MLS Listing” refers to the practice in the real estate industry of a seller entering into a service agreement with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction.
Today, through more than 800 local and regional MLS associations across the USA, brokers share information on properties they have listed and invite other brokers to cooperate in their sale in exchange for compensation if they produce the buyer. Sellers benefit from increased exposure to their property. Buyers benefit because they can obtain information about all MLS-listed properties while working with only one broker.
Abbreviated as FSBO, a home offered for sale without the assistance of a real estate agent. As a FSBO, you’re responsible for everything from start to finish. Pricing, staging, listing, marketing, negotiating, forms, contracts, legal compliance, and closing the transaction are your responsibility. FSBOs receive a ton of calls from agents trying to get an MLS listing.
The cost of the listing is a fixed amount, not a percentage.
Upfront set-up fees are common with Flat Fee MLS Listings.
Features are bundled differently and vary with different providers.
Flat Fee MLS Listings avoid conflicts of interest.
We know the FSBO seller does all the work to avoid agent fees and commissions. For starters, to market any property in MLS, you have to pay a buyer agent commission of 50% of what would have been paid to a traditional 6% agent. When you go the bare bones Flat Fee MLS route, the broker at a minimum is responsible for creating the listing, scheduling open houses, and making any updates. If you want additional help with pictures, lock boxes, signs, flyers, showing service, negotiating, closing, and market analysis, you may pay more.
What are all the fees and commissions? (Avoid hidden fees)
Do you help with pricing strategies? (Get a market analysis and explanation)
How will you market my property? (MLS, photos, websites, sign, flyer)
How will you schedule appointments? (You or a showing service)
What is your track record? (Past performance, how many deals are you working)
How do you provide representation? (Who is the point of contact, and who handles negotiation)
Do I have to speak to buyers and their agents? (You or the agent)
Do you provide transaction and closing assistance? (You or the agent)
How long will it take to get my listing in MLS? (Days or weeks)
How do you communicate with me? (Email, text, phone, help desk)
It is critically important that you fully understand your costs and timing obligations before pricing your home, and executing and negotiating a contract. Your agent should help you understand your closing expenses at the time of the listing based on your approximate list price. When an offer is received, contract terms can be different based on timing and terms, and another evaluation is required to correctly understand the offer in hand.
Buyer agent fees are always confusing. Real Estate is a unique industry in that the Seller sets and pays the representation fee for the Buyer. The compensation system was developed to encourage cooperation between Brokers and promote fairness. With this system, cooperating agents can know what earnings to expect without becoming a party to a transaction. The amount you pay is negotiated in your listing agreement.
The way you sell a home and live in a home are different things. The foremost number one thing to do is, “declutter” counters, walls, and rooms. I walk into showings all the time and the garage is stacked floor to ceiling with Tupperware crates of removed clutter. Clean and make attractive all rooms, furnishings, floors, walls, and ceilings. Make sure the basic appliances and fixtures work and get rid of leaky faucets and frayed cords. Make the house smell great.
Making repairs leads to a better sales price and faster sell. It’s not always an easy decision about what to do and how much to spend. Your market analysis and agent should assist you in making repair decisions.
It is simple, in considering listing services, enter the property address and Google search some of their active listings. After your listing is live, Google search your property address. You will see all the major sites on the first page.
When making a decision to sell your home, you need to establish an asking price and understand your proceeds. While some sellers successfully sell their homes on their own, a For Sale By Owner (FSBO) arrangement is complicated and risky requiring a great deal of personal time and expertise through the process. For this reason, most people consider the fee paid to a real estate Broker worth the investment, for the convenience, time savings, and overall guidance provided. In choosing any MLS Listing Service, make sure you understand what will be provided and at what cost.
University Park, Texas is a city located in Dallas County, Texas, just five miles north of downtown Dallas. It is predominantly residential and is known for its attractive homes, beautiful parks, and many churches. The city is home to Southern Methodist University and is part of the Highland Park Independent School District, where students consistently rank among the highest in the state on state tests. University Park provides easy access to a variety of cultural, recreational, shopping, and business activities. The population of University Park was almost 25,000 as of the 2020 census.