What Level of Service Should I Expect from a Flat Fee MLS Listing: https://www.hauseit.com/level-of-service-expected-flat-fee-mls-listing/
Save up to 6% in Broker Commission: https://www.hauseit.com/fsbo-nyc/
It is important for sellers to realize that a Flat Fee MLS Listing listing is an ‘owner managed’ option. This means home sellers should not expect anywhere near the same level of service they would receive under a full service, full commission listing.
With that said, an Agent Assisted FSBO Seller will receive the same level of exposure to buyers as they would via a traditional full commission listing by having their home advertised in the RLS broker database for New York City, StreetEasy, New York Times, Zillow, Trulia, Brownstoner and many other major real estate websites all at once.
The Agent Assisted FSBO listing service is a highly effective option for sellers who are self-starters, proactive and ready, willing and able to invest time in the sale process. However, selling Agent Assisted FSBO isn’t for everyone.
Listing via Agent Assisted FSBO is not a good idea If you’re unable or unwilling to do your own homework, short on time, lacking confidence and/or highly dependent on professional advice.
What Are a Seller's Responsibilities Under a Flat Fee MLS Listing?
As a seller utilizing an Agent Assisted FSBO (Flat Fee MLS) listing service, you will be responsible for:
? Preparing a Comparative Market Analysis and pricing your home
? Arranging for professional photos and a custom floor plan (or simply ordering them)
? Drafting a listing description and answering other essential questions about your home
? Conducting, scheduling and coordinating all property showings
? Responding to and following up later on all buyer and broker email inquiries
? Texting or calling back voicemail and text phone inquiries
? Hosting your own open houses
? Submitting listing updates such as open houses online
? Handling all negotiations with potential buyers or buyers’ agents
? Locating buyer due diligence documentation, such as building financials and the Offering Plan if you’re selling a condo or co-op apartment
? Coordinating the NYC closing process with the help of their own real estate attorney
An Agent Assisted FSBO seller in NYC is essentially responsible for all facets of the sale process with the exception of the online advertising / syndication of the listing.
Looking to buy or sell a home in New York City? Learn how you can save on commission and closing costs at https://www.hauseit.com
Calculate Seller Closing Costs in NYC: https://www.hauseit.com/closing-cost-estimator-for-seller-nyc/
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