Benefits Of MLS :

Flat Fee Realty of Northwest Arkansas specializes in saving people money! ...at least 3% from the commission traditional real estate brokers charged. The following information outlines "how" we can accomplish this:

What Is MLS?


The Multiple Listing Service, or MLS, is a local database containing all properties listed for sale with Realtors. Through the MLS, Realtors “share” listings with all other Realtors, and offer compensation or a “co-broke” commission to any Realtor who brings a buyer to their listing. It is by far the most important and effective place to list a property for sale. Properties listed for sale in the Northwest Arkansas MLS are viewed by the public on almost EVERY popular Real Estate Search service, including: Zillow, Realtor.com, Trulia and many other online services. Realtors in Northwest Arkansas and surrounding areas place properties listed for sale in the local MLS. All homes listed for sale in Northwest Arkansas are found in the local MLS.

How is this program better?

Instead of charging a traditional 6% commission for MLS services, placing a FOR SALE sign in your yard and hoping someone finds your property listed among all the other shared listings, Flat Fee Realty offers the POWER of MLS - plus, an "à la carte" approach to a more "focused" marketing effort, including utilzing the power of the Internet, Direct-Mail, Text-Messaging and many more features that put the power and options of how to sell your property in your hands!

Frequently Asked Questions (FAQ'S):

Yes, The only people that can list property on the Local MLS Database are those who are licensed real estate agents and brokers.
Yes, If a REALTOR® not affiliated with Flat Fee Realty who represents a buyer shows and sells your property to their client, you will be required to pay that REALTOR® a commission that you have previously noted on your listing agreement. The point of doing a flat fee listing is to save you money. You still want to be able to market your property with an attractive commission rate. Helpful Tip: The commission you offer may affect if and how quickly your property sells.
When you sign-up with Flat Fee Realty to list your property in the "local" MLS Database, you can also secure a Yard Sign from Flat Fee Realty. We look forward to visiting with you regarding your specific needs to BEST sell your home!
Option 1 – Flat Fee MLS :
A flat fee MLS service is exactly what it sounds like. There is a one-time flat fee and we outline the details of your property on the MLS, just like an agent would. That’s about all there is to it!
• Cost: $299
• Pros:

o Simple and best way to get your home listed on MLS

o Your listing will automatically be syndicated or shared with other popular listing sites

• Cons:

o Dealing directly with a potential buyer (for some people this step can be awkward)

Option 2 – FSBO (For Sale By Owner) :
"FSBO" companies aren’t affiliated with any MLS.
• Cost: $89 – $579 base + add-ons (varies greatly)
• Pros:

o Designed for FSBO network

o Learning resources and "Do-It-Yourself" tips, etc.

• Cons:

o Piecemeal nature of pricing structure can create confusion and increase overall cost

o Can be more difficult to get answers on region-specific questions