Oct 08 2013

Flat Fee MLS Listing for Boston South End FSBO

As flat fee MLS entry only listings take hold across Massachusetts, the latest listing to hit the market for sale in the South End of Boston is an entry only MLS listing at 85 Dartmouth Street near the border of the South End and Boston’s Back Bay.

85 Dartmouth Street #1 Boston, MA 02116 is a 2 bedroom 2.5 bathroom 1,450 square foot South End duplex condo listed for sale at $970,000 ($669 per square foot). In comparison, there are currently 59 South End condominium listings in the MLS for sale, with an average list price of $939,776, and average living area of 1,281 square feet ($723 per square foot).

85 Dartmouth Street #1 has been listed for sale by owner in the local MLS with the help of Massachusetts flat fee MLS listing service Entry Only New England. The FSBO seller has foregone a standard real estate agent commission listing and has opted for a flat fee MLS entry only listing instead, where the owner sells their own home without a Realtor, and keeps the listing agent commission (in this case, approximately $24,000).

How to FSBO Boston South End

Over the past six months, Boston’s South End neighborhood has seen 371 condominiums sell, with an average sales price of $774,309 ($701 per square foot) and average days on market (DOM) of 26. Looking at those statistics, a for sale by owner (FSBO) seller that decides to list and sell their own South End home without a Realtor will save approximately $19,350 in real estate agent commission fees. The best way to drive exposure for a home is via the Internet enabled multiple listing service (MLS).

And that’s where a Massachusetts flat fee MLS listing service like Entry Only New England and FSBOs unite. For a one-time flat fee, a South End Boston FSBO seller can get their home listed for sale in the official local MLS system for a one-time flat fee. Once the condo is in the MLS, it’s syndicated to literally thousands of different websites. With approximately 90% of buyers starting their search online, having a property listed in the MLS is the starting point for driving maximum exposure and getting your home in front of buyers.

Oct 04 2013

Entry Only MLS Listing Saves Winthrop FSBO $6,955

While there are currently 22 single family homes for sale in Winthrop Massachusetts, the most recent home to actually sell was an entry only MLS listing from a Winthrop for sale by owner (FSBO) seller who used Entry Only New England. Not only did this most recent home sale beat the 6 month moving averages on price per square foot and days on market (DOM), by using a flat fee MLS entry only listing, the Winthrop FSBO saved $6,955 in real estate agent commission fees by selling their home without a Realtor.

58 Almont Street Winthrop, MA 02152 was the most recent single family home in Winthrop to sell. Rather than listing the home for sale with a traditional real estate brokerage that charges a standard real estate agent commission, the owner decided to leverage Entry Only New England for a flat fee entry only MLS listing. 58 Almont Street was listed for sale at $311,000 and had a final selling price of $290,000 – this represents a sale to original list price ratio of 93%. The home was on the market for 35 days and sold at $271 per square foot.

How to FSBO Winthrop MA with Flat Fee MLS Listings

If we compare 58 Almont Street, which sold as an entry only MLS listing, against all the Winthrop homes sold via traditional full commission Realtors over the past 6 months, we’ll see that 58 Almont Street sold faster and at a higher price per square foot than its full commission competitors.

Over the past 6 months, there have been 44 Winthrop single family home listings that have sold The average DOM has been 85 and average sale price has been $344,927 at a $224 average price per square foot.

The Winthrop FSBO seller using Entry Only New England to list and sell 58 Almont Street as a flat fee MLS entry only listing not only sold their home faster and at a higher price per square foot than full commission listings from traditional real estate agents, but the FSBO saved an additional $6,955 in real estate commissions by selling their home without an agent.

By following our how to FSBO guide, you’ll learn the steps needed to be successful in listing your property for sale or rent without a Realtor. The local MLS system plays a critical role in the success of any real estate transaction, it’s the mechanism through which a property gets in front of all the professional real estate agents and brokers, as well as thousands and thousands of buyers online. A critical piece to the how to FSBO puzzle is getting your property into the MLS, and with Entry Only New England, you can do so for a one-time flat fee, complete the process entirely online, and have full control over your listing throughout its life. Learn more about how entry only MLS listings work, you have thousands of dollars in real estate agent commissions to save!

Sep 25 2013

FSBO in South Boston Uses Flat Fee Entry Only MLS

South Boston, otherwise known as “Southie”, currently has 86 condominiums listed for sale. Just one of those units, a mere 1% of all condos currently for sale, is an entry only MLS listing where the owner of the unit decided to save the real estate agent commission typically paid to a listing agent and instead pay a one-time flat fee to get their condo into the Multiple Listing Service (MLS).

505 E 5th Street Unit 2 Boston, MA 02127 is the latest condominium listing to hit the market for sale in South Boston. The two bedroom one bathroom 669 square foot condo is listed for sale at $389,900. The other condominiums currently for sale in South Boston have an average listing price per square foot of $467, while 505 E 5th Street Unit 2 is currently listed for sale at $433 per square foot, an approximate 8% discount on the rest of the neighborhood. What the owner, who’s acting as a for sale by owner (FSBO), has done in using an entry only MLS listing is quickly get their property maximum exposure across thousands of websites and immediately in front of tens of thousands of buyers who start their search online, all for a one-time flat fee.

South Boston Flat Fee MLS

Is this flat fee MLS approach worth considering if you’re a homeowner looking to sell (or rent) in South Boston, or anywhere in Massachusetts for that matter? Well, let’s look at the most recent statistics from the Boston MLS system to see how South Boston condo listings that are put into the MLS by traditional real estate brokers charging a full commission stack up against flat fee entry only MLS listings that make their way into the local Boston MLS via an entry only approach for a one-time flat fee (saving the seller thousands in Realtor commission fees).

Let’s focus on what has happened in the South Boston condo market over the past 6 months.

South Boston condo sales using full commission – Over the past 6 months, there have been 408 condominiums sold in South Boston, the average size of units sold has been 1,026 square feet, with an average list price of $463,565 at $469 per square foot, and an average sales price of $465,617 at $472 per square foot, with average days on market (DOM) at 26. Inherently baked into these statistics is the fact that the average sale price to list price ratio is 100.4%, meaning that listing agents listing these condos for sale in South Boston are always getting their asking price, in fact, slightly more than that.

Now, of the 408 condos that sold in South Boston over the past 6 months, 7 of them were entry only MLS listings, entered into the local MLS system for a one-time flat fee, thus saving the seller on average almost $12,000 in real estate agent commissions paid. Let’s see how those flat fee MLS condos fared compared to their full Realtor commission cousins.

South Boston condo sales using entry only MLS listings – Over the past 6 months, there have been 7 South Boston entry only MLS listings that have sold, the average square footage has been 1,046, while the average list price has been $470,843 at $464 per square foot, with an average sales price of $472,929 at $465 per square foot, and average days on market (DOM) at 7. Average sale price to list price ratio for entry only MLS listings in South Boston has been 100.4%, the same as the traditional full commission listings, but on average, entry only MLS listings are selling more than 3 times faster.

For a discerning homeowner, these are some compelling statistics from the Boston MLS system that make the idea of foregoing a listing agent, saving on average $12,000, and selling quickly, worth additional consideration.

Check out the answers to frequently asked questions (FAQ) for more insight on how a South Boston flat fee MLS entry only listing from Entry Only New England works.

Sep 22 2013

Plymouth Flat Fee MLS Listings Data

As more and more for sale by owners (FSBOs) research online whether it makes sense to sell their home without a Realtor, or pay a full real estate agent commission and list for sale with a traditional brokerage, the Multiple Listing Service (MLS) data paints an interesting picture.

When looking at single family home sales in Plymouth, MA, as well as condominiums in Plymouth, being sold as flat fee MLS entry only listings versus traditional full commission listings, the flat fee MLS listings show that homeowners in Plymouth Massachusetts may be well served to consider a FSBO approach and try a flat fee MLS listing.

Single Family Plymouth Homes Using Flat Fee MLS Listings

Investigating what transpired in 2012, we can look at the MLS statistics for Plymouth single family homes that sold using a flat fee MLS entry only listing versus being sold using a full commission listing from a traditional real estate brokerage.

Number of listings sold: 15 flat fee MLS versus 586 full commission
Average living area (square feet): 1,998 flat fee MLS versus 1,935 full commission
Average list price: $342,347 flat fee MLS versus $322,461 full commission
Average list price per square foot: $183 flat fee MLS versus $174 full commission
Average days on market (DOM): 165 flat fee MLS versus 159 full commission
Average sales price: $329,927 flat fee MLS versus $308,624 full commission
Average sales price per square foot: $175 flat fee MLS versus $166 full commission

While traditional listings, where the seller pays a full commission to both the listing agent and the buyer’s agent, are more popular in sheer numbers than flat fee MLS entry only listings, where instead of paying a listing agent a commission a seller pays a flat fee to get their home into the MLS and then pays a buyer’s agent commission only if the buyer is represented by an agent (and perhaps no commission whatsoever if a seller finds their own buyer), flat fee MLS entry only listings are getting more price per square foot in the same market.

So far in 2013, the numbers tell a similar story, but one that is even more in favor of a homeowner taking a FSBO approach and selling their own home without a Realtor using a flat fee MLS listing.

Number of listings sold: 9 flat fee MLS versus 458 full commission
Average living area (square feet): 2,058 flat fee MLS versus 1,890 full commission
Average list price: $413,611 flat fee MLS versus $326,907 full commission
Average list price per square foot: $208 flat fee MLS versus $180 full commission
Average days on market (DOM): 108 flat fee MLS versus 157 full commission
Average sales price: $406,000 flat fee MLS versus $313,933 full commission
Average sales price per square foot: $203 flat fee MLS versus $172 full commission

In 2013 thus far, not only are flat fee MLS listings garnering more in Plymouth on a price per square foot basis, flat fee MLS entry only listings are also selling 50% faster than full commission listings from traditional listing agents.

Price points for entry only MLS listings are ticking up not just because the market in general is trending upwards, but because more sophisticated sellers with more expensive homes in Plymouth are realizing that they can sell for more, and faster, if they learn how to FSBO.

At an average sales price of $406,000 a FSBO saves $9,855 when using a flat fee MLS listing from Entry Only New England.

Why call it a “flat fee” MLS listing?

The flat fee term derives from the fact that a FSBO pays a one-time fee to list their property in the official local MLS. Once a property is listed in the MLS, it’s exposed to thousands of buyers starting their search on the Internet, and with the MLS system and its contents being syndicated to thousands of websites, including all the big ones like Realtor.com, a FSBO using a flat fee MLS listing can be confident that their property will get maximum exposure.

In addition to single family homes, you can also leverage Entry Only New England to list flat fee MLS Plymouth condominiums for sale, as well as apartments for rent, Plymouth land for sale, or even multiple family properties. Learn more about how flat fee MLS works and list now in any town or city across Massachusetts.

Sep 04 2013

Roslindale MA FSBO Lists Condo for Sale without a Realtor

As we move into the final stretch of summer 2013, Boston’s Roslindale neighborhood continues to see condo listing activity on the local multiple listing service (MLS). The 93 condominium sales in the 02131 Roslindale Massachusetts zip code over the past six months have an average sales price of $304,000 and average days on market (DOM) of 51.

Currently, there are 33 condos listed for sale in the 02131 Roslindale zip code, with an average list price of $308,000. The latest condo listed for sale in Roslindale is at 1536 Centre St #1 Boston (Roslindale), MA 02131 , a 1,016 square foot two bedroom one bathroom condo with private outdoor space that we at Entry Only New England helped a for sale by owner (FSBO) seller get listed on the MLS for a one-time flat fee.

How to FSBO Roslindale Massachusetts 02131

A FSBO’s main concern is property exposure. How do you get your property in front of the maximum number of qualified buyers? As a FSBO, you’ll leverage the MLS just like any traditional listing agent would if you were having them list your home for sale for a standard real estate agent commission. The beauty of an entry only MLS listing is that there’s just a one-time flat fee that you pay to get your property listed in the MLS – not a percentage of your sales price like a traditional listing agent would charge you. Your flat fee entry only MLS listing will be syndicated to thousands of websites across Massachusetts, including the big ones like Realtor.com, and your listing will look exactly like a listing from a traditional real estate brokerage that charges a full commission.

So, set your own price, describe your property in your own words, and do it all online quickly and securely using the Entry Only New England flat fee MLS platform, Massachusetts’ first and only all digital entry only MLS listing service.