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So You Want to Be a Flat Fee MLS Broker

March 11th, 2010

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The fastest growing segment of the real estate industry today is the flat fee MLS listing service broker. In the post recession economy consumers are more cost conscious than ever and flat fee MLS provides the most economical way for sellers of real estate to gain access to the market. A correctly priced listing in the Realtor MLS is still the most viable means to affect a sale, so more and more sellers are flocking to services where there are pricing level options. Going fast are the 6% commission days where one price was supposed to fit all.

If you’re a real estate broker and would like to join the revolution that’s taking place in real estate you’re probably wondering where to start. After all, with so many established Internet companies offering flat-fee services, how can you break into the market? Bloomkey is a company founded by the original online flat fee real estate broker, Lawrence Bunnell. In 1997 Mr. Bunnell founded the very first national online real estate company and the first company to ever become licensed in all 50 states, homebytes.com, inc. Bloomkey is the successor to homebytes and is now the most successful flat fee company in the nation having assisted thousands of property sellers with their real estate needs all throughout the United States and Canada.

Bloomkey now provides an easy way for real estate brokers to enter the flat fee MLS listing arena. By leveraging Bloomkey’s strong Internet presence and direct marketing acumen, brokers can quickly be up and running and soon earn, in many cases, far more than their traditional real estate broker counter-parts. All without the up-front costs associated with having to build your own website, pay for marketing or any of the other start-up costs. And, imagine not having to be at the beck and call of your clients night and day for 6 months while they pester you about why you’re not spending more on marketing their home.

To register today as a flat fee real estate broker with bloomkey, visit www.bloomkey.com/real_estate_agents

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Posted in Flat Fee MLS, broker, commission, designated agent, discount broker, discount real estate broker, discount realtor, flat fee MLS broker, flat fee broker

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Flat Fee Real Estate Advertisting

February 1st, 2010

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Flat fee MLS has become the preferred advertising method for by owner real estate sellers. In fact, no other mode of advertising is more effective for home sellers in reaching the largest groupd of home buyers. The math is simple. You can pay a few hundred dollars for flat fee MLS listing with an online real estate company like Bloomkey.com or HouseZooks.com and reach millions of potential buyers. Most flat fee MLS listing packages last for 3 to 9 months – some for up to a year or even ‘until SOLD’. Or you can pay a similar amount to a local newspaper to reach a few thousand people. But newspapers classifieds usually last for just a few days.

As an advertising medium it’s hard to beat the Internet these days. A flat fee MLS listing with Bloomkey not only provides a listing on the Realtor Multiple Listing Service but also includes advertising on the leading real estate sites like Realtor.com, Trulia.com, Zillow.com as well as most of the major real estate franchises’ websites like Century 21, Prudential, Help-U-Sell, etc. When you stop to think about it, it’s really quite astounding how far your marketing dollars will go with a flat fee MLS listing. What just a few years ago would have required a real estate owner to give up 6% times their property’s sales price can now be obtained for less than the cost of a newspaper classified advertising campaign. Chalk it up to the economies of the Internet.

As with so many industries, Travel and Stock Brokerage to name two, the Internet has drastically impacted the costs associated with gaining access to the market for consumers. The efficiency afforded by being able to reach so many people for so little makes the Internet the perfect medium for real estate. Flat fee MLS is the best way to take advantage of the evolution of real estate marketing.

Posted in "sellers tips", FSBO, FSBO seller, Flat Fee MLS, Flat Fee MLS Listing, Flat+Fee, For+Sale+By+Owner, Help you sell real estate, Home Selling Success, MLS, Online+resources, Real Estate, Realtor+MLS, discount real estate, flat fee, flat fee MLS broker, flat fee broker, flat fee service, for sale by owner, for sale by owners, fsbo advertisement, fsbo newspaper ad, fsbo realtor.com, home seller advice, home seller tips, home selling tips, internet, limited service, list home, list your house, lower real estate commission, mls listing, mls listings, multiple listing service, online, online home marketing, online real estate, rea+estate, real estate ad, real estate ads, real estate advertising, real estate advice, real estate fees, real estate for sale, real estate selling tips, real+estae, real+estate, sell, sell home, sell house, sell my house, sell on your agent, sell on your own, sell your home, sell your house, sell your own home, seller, seller agent, seller's agent, sellers, sellers real estate agent, selling, selling a home, selling fsbo, selling my home, selling your home, selling your house, selling your own home, tips, tips for selling

Tags: bloomkey, Flat Fee MLS, housezooks, real estate advertising

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Flat Fee MLS

January 11th, 2010

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Flat fee MLS listing gives home sellers an cost-effective method for reaching the most home buyers. A listing in the Multiple Listing Service (MLS) is the best advertising a seller can get. Over three quarters of properties sold nationwide sell through the MLS system. The MLS is to real estate what a stock exchange is to securities.

Getting listed on the MLS wasn’t always as easy as one might suspect. To be able to post property listings in the MLS you must be a licensed real estate broker. Licensing is required in order to gain membership to the MLS. Additionally, most MLSs require membership in the National Association of Realtors® the trade organization for real estate agents and brokers. In the past, a property seller had no alternative other than paying a commission of 6% of the property’s value to a real estate broker in order to gain access to the MLS.

With the advent of the Internet, information about real estate for sale or lease became more readily accessible to consumers. Real estate brokers have come to realize that they no longer control the access to property for sale and lease information in the way they once had. In order to remain viable many real estate brokers have migrated to the Internet and begun offering ‘a la carte’ real estate services and products. One of those services is a listing on the MLS.

Now Internet based real estate companies like Bloomkey.com offer by owner real estate sellers low cost, flat fee real estate selling tools and services including an introduction to flat fee brokers who can provide advertisement in the MLS for a flat fee. With a flat fee MLS only listing on the MLS, by owner home and property sellers handle all other aspects of the sale for themselves while being able to gain access to the valuable pool of ready buyers only available through the MLS. That way they can keep control over their entire real estate transactions, including when the property can be shown, while retaining far more of their home’s equity than sellers paying a full commission to traditional real estate brokers.

Posted in "sellers tips", Discount+Real+Estate, FSBO, FSBO seller, Flat Fee MLS, Flat Fee MLS Listing, Flat+Fee, For+Sale+By+Owner, Help you sell real estate, Home Selling, Home Selling Success, Home for Sale, Listings, MLS, Realtor+MLS, Transaction+brokers, discount broker, discount real estate, discount real estate broker, discount realtor, flat fee, flat fee MLS broker, flat fee broker, flat fee service, for sale by owner, for sale by owners, fsbo advertisement, fsbo help, fsbo listings, fsbo newspaper ad, fsbo prep, fsbo process, fsbo realtor.com, fsbo sales, fsbo selling, home seller advice, home seller tips, home sellers, home sellers advice, home selling advice, home selling ideas, home selling tips, limited service, list home, list your house, listing, listing agent, listing your home, lower real estate commission, market your home, marketing, marketing exposure, mls listing, mls listings, online home marketing, online real estate, preparing to sell, real estate advertising, real estate advice, real estate fees, real estate for sale, real estate marketing, real estate sales, real estate selling tips, real+estate, sell home, sell house, sell my house, sell on your own, sell your home, sell your house, sell your own home, selling fsbo, selling my home, selling your home, selling your house, selling your own home, tips, tips for selling, transaction broker, transaction+broker, unrepresented seller

Tags: flat fee, flat fee mmls listing, fsbo mls, MLS, mls by owner

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For Sale By Owner

January 9th, 2010

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HouseZooks today launched a new website dedicated to assisting for sale by owner home and property seller’s maximize their saving and returns on their real estate transactions. The site includes nationwide real estate property search, home valuation tools, information and statistics on the local real estate market, mortgage rate and closing cost estimation tools. HouseZooks also provides for sale by owner home sellers with an introduction to a local real estate agent who can advertise their property on the Multiple Listing Service for reduced rates starting at just $199.00.

Internet websites like HouseZooks have greatly reduced the cost to consumers for real estate information, marketing and brokerage related services. What once cost home owner’s 6% of their property’s equity can now be obtained for thousands of dollars in savings. Since most people now shop online for real estate, it just makes sense that more property owners are choosing to make use of tools to maximize their real estate returns. HouseZooks allows by owner sellers to compete with real estate agents and brokers by providing the same advertising access to the marketplace.

Property’s advertised with services like HouseZooks also help sellers during down markets when price is so important. Sellers who aren’t having to give up so much of their equity to real estate commissions can price their homes more competitively and still come away with a larger net sale proceeds.

Posted in "sellers tips", FSBO, FSBO seller, Flat Fee MLS, Flat Fee MLS Listing, Flat+Fee, For+Sale+By+Owner, Help you sell real estate, MLS, Online+resources, Owner, Realtor+MLS, Self Home Sales, Transaction+brokers, discount real estate, discount real estate broker, discount realtor, flat fee, flat fee MLS broker, flat fee broker, flat fee service, for sale by owner, for sale by owners, fsbo advertisement, fsbo help, fsbo listings, fsbo realtor.com, fsbo sales, fsbo selling, mls listing, online home marketing, online real estate, preparing to sell, preparing your home, price estimate, real estate ad, real estate ads, real estate advertising, real estate advice, real estate fees, real estate selling tips, real+estae, real+estate, realtor, search for homes, self service home selling, sell house, sell my house, sell your home, sell your house, sell your own home, selling fsbo, selling my home, selling your home, selling your house, selling your own home, setting a price, transaction broker, transaction+broker

Tags: Flat Fee MLS, for sale by owner, FSBO, fsbo advertising, home marketing, house marketing

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Are all flat fee MLS listing websites the same?

November 16th, 2008

admin

If you’re considering listing with a flat fee listing service, you may believe that cost is the most important factor. After all, what you really want is a listing in the MLS to gain more exposure for your property and you don’t really care which company gives it to you, right?

Studies now show that you may want to reconsider. The success of for sale by owner’s who chose ‘flat fee MLS’ listing over traditional agents is directly tied to the support and service level of the firm providing the MLS listing.

Need an analogy? It’s like the difference between the big box hardware stores and the smaller customer-friendly hardware stores. The big box will sell you the tools, but don’t ask the salesperson on the floor for instructions on how to use it. If you want that kind of friendly support you’re better off at the smaller store. You may pay a few bucks more, but you know it’s worth it because without their support and advice you’d be paying a professional much, much more to do the job.

When you’re talking about saving $10,000+ on your house sale, is paying $100-$200 more something you should haggle over? Especially if it means the difference between just ‘listing’ your house for sale or actually ‘selling’?!!

With a ‘flat fee MLS listing’ you have the tool. But do you know what to do with it and are you getting the most out of it? What if something unexpected comes up? Most online flat fee real estate websites will sell you the part. But only a few know that you need more than just a listing in the MLS to acheive a sale in today’s market. For instance, companies like Bloomkey provide an online real estate transaction platform with virtual and live support that not only makes the home selling process smoother, but also provides you with an extensive array of online tools, guides, tips and tactics to make your home selling experience successful. Having a company that has the experience and provides you with ALL of the support you need, having helped thousands of sellers successfully sell their homes, becomes much more important in light of your largest investment transaction.

So the answer to title question is… No, not all online flat fee MLS listing firms are the same. As always, be selective and ask lots of questions.

Posted in "sellers tips", Flat Fee MLS, Flat Fee MLS Listing, Home Selling Success, flat fee MLS broker, flat fee broker, flat fee service, for sale by owner, home selling advice, home selling ideas, home selling tips, list home, list your house, listing, listing agent, listing your home, lower real estate commission, market your home, mls listing, real estate advertising

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How can I sell in the current market?

November 10th, 2008

admin

What can a home seller possibly do in the current market to sell their home quickly and for a reasonable price? Today’s market presents a new set of realities. Selling a home today is certainly more of a challenge than it has been for the past decade.

Adding to the challenge, if you’re like thousands of home owners, you may even be in a position where there simply isn’t enough equity to sell your home and pay a real estate commission. Yet, without the access to the marketplace that a real estate broker provides, it’s difficult, if not impossible, to reach enough potential buyers to effect a sale.

What are your options if you’ve made the decision to sell?

Sell with a traditional broker and bring money to the table to offset the loss.
Sell For Sale By Owner.
List with a flat fee mls listing service.

Option 1 means paying out of pocket to make up the difference between what you owe between your mortgage and other settlement costs and your final sales price. As long as you have the extra money and can afford to part with it, this is probably the best option. Option 2 means forgoing access to the marketplace and generally taking longer to sell. Without access to the Multiple Listing Service (MLS) and the leading real estate websites, you greatly reduce your exposure to the market. Lower exposure generally means lower demand and a lower sales price. Option 3 provides you with the advantage of not paying a listing commission and still having access to the MLS and top websites. With a flat fee MLS listing you retain the right to sell on your own without paying a commission. Yet, you can still offer partial compensation to the real estate agent who finds a buyer for you through the MLS system.

Option 3 provides the most efficient and effective means for selling in the current market. You still get the exposure you need to sell on your own and it may save you from having to come out of pocket to sell.

Posted in FSBO seller, Flat Fee MLS, Flat Fee MLS Listing, Flat+Fee, Home Sale, Home Sales, Home Selling Success, flat fee, flat fee MLS broker, flat fee service, for sale by owner, fsbo realtor.com, home seller, home seller advice, home seller tips, home sellers, home sellers advice, home selling advice, home selling ideas, home selling tips

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Archive for the ‘flat fee MLS broker’ Category

So You Want to Be a Flat Fee MLS Broker

Flat Fee Real Estate Advertisting

Flat Fee MLS

For Sale By Owner

Are all flat fee MLS listing websites the same?

How can I sell in the current market?

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