Whether you live in a bustling city like Chicago or a charming small town like Galena IL, Flat Fee MLS offers homeowners the ability to connect their properties with potential buyers and save on traditional real estate agent commissions. In fact, Flat Fee MLS is becoming increasingly popular in Illinois, as it offers a cost-effective and efficient alternative to FSBO.
To start, homeowners will need to select a service provider and choose a listing package that suits their needs. Then, they will need to provide basic information about their property and submit photos. After the listing is approved, it will be entered into the MLS database and made visible to real estate agents.
Step-by-Step Guide to Flat Fee MLS Listing in Chicago
When selecting a service provider, homeowners should consider the range of services offered and the reputation of the company. The best companies will offer a variety of packages, including basic MLS listings, marketing support, and even negotiation assistance. In addition, a good flat fee MLS broker should be easy to reach and responsive to customer concerns.
Once you’ve found a flat fee MLS listing in Chicago, you’ll need to coordinate with the company to place your home on the MLS and manage it. Depending on your chosen package, the company may also coordinate with you to pick up a lawn sign or lockbox, and they may forward buyer leads to you. Finally, you’ll need to prepare your property for sale and handle other aspects of the transaction such as coordinating showings, negotiating with buyers, and handling paperwork like disclosures and inspections.