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Jul 01 2014

FSBOs Save $13,777 in Agent Commission with Flat Fee MLS

More than 400 for sale by owners (FSBO) in Massachusetts have listed and sold their single family home or condominium in the first half of 2014 using a flat fee MLS entry only listing.

Savvy homeowners are leveraging the power of the Internet enabled MLS to drive broad exposure for their homes in the marketplace by listing on the MLS without a real estate agent, and are reaping the benefits in the form of significant savings in real estate agent commission paid to sell a home.

While many homeowners still choose to list their home with a full commission traditional real estate agent, there is a growing number of homeowners who have raised their hand to say that technology can make the home selling process more efficient and effective. Those are the FSBOs who leverage flat fee MLS realty services, and in 2014, that group of FSBOs in Massachusetts has saved a considerable amount in real estate broker commission on each and every home sale.

For sale by owner clients at Entry Only New England who have sold their home in 2014 have saved an average of $13,777 in real estate agent commission using flat fee MLS entry only listings. You too can list on the MLS without a Realtor and save big on agent commissions and fees.

Most Popular Massachusetts Flat Fee MLS Cities

It’s not terribly surprising that Boston, as a progressive technologically advanced hub, has embraced entry only MLS listings as a means to list on the MLS without a Realtor and ultimately realize more profit when selling a home by eliminating at least half of real estate agent commission.

However, you may be surprised by some of the other cities across Massachusetts where flat fee MLS has become increasingly popular, Massachusetts cities like Westfield, Springfield, Danvers, and East Longmeadow.

  • Westfield Massachusetts Flat Fee MLS Listings – there are currently 196 single family home and condominium listings for sale in Westfield, and 6 of those are flat fee MLS listings. According to the past 6 months of Massachusetts MLS data, single family homes in Westfield listed and sold as entry only MLS listings closed for 10% more in price and 4 times faster than single family homes listed by traditional real estate agents charging a full commission.
  • Springfield Massachusetts Entry Only MLS Listings – of the 207 single family and condominiums currently listed for sale in Springfield, 7 of them are entry only MLS listings. Over the past 6 months, Springfield flat fee MLS listings sold for 14% more than traditional full commission listings from Realtors, but, took 1.4 times longer to sell.
  • Danvers Massachusetts Flat Fee MLS Listings – with only 76 single family homes and condominiums currently for sale in Danvers, and 6 of those being entry only MLS listings, Danvers has a high predominance of flat fee MLS listings at approximately 8% of the market. It’s not surprising why flat fee MLS in Danvers is so popular, over the past 6 months, single family homes that sold with an entry only MLS listing sold for 42% more and  almost twice as fast as full commission listings from traditional brokerages that charge hefty commissions.
  • East Longmeadow Massachusetts Flat Fee MLS Listings – one of the highest concentrations of flat fee MLS listings in Massachusetts is in the city of East Longmeadow. There are currently 11 flat fee MLS listings in East Longmeadow out of a total of 134 single family homes and condominiums for sale – more than 8% of listings are entry only MLS listings in East Longmeadow, nearly four times the state average. Sellers who have listed for sale by owner in Longmeadow MA over the past six months have sold for 16% more than their traditional full commission broker listing peers, yet have taken approximately twice as long to sell.

List on Boston MLS For Sale by Owner (FSBO)

If you’ve made it this far in the article, it means that you’re serious about selling without a Realtor, that you’re interested in taking advantage of technology to drive exposure for your property, and ultimately, that you don’t want to pay a significant amount of real estate agent commission to a broker.

The bottom line is that to give your for sale by owner the best chance possible, you need the exposure of the MLS. A flat fee MLS entry only listing service will get your home listed on the MLS without a Realtor, the same MLS that agents and brokers use.  Once listed on the MLS, your home will be syndicated to hundreds of websites, including all of the most popular ones that you already visit, like Zillow, Trulia, and Realtor.com.

Nearly 100% of buyers start their home search online, and with the exposure that a flat fee MLS listing provides, your home will be front and center in the eyes of buyers.

Entry Only New England is the first and only all digital Massachusetts flat fee MLS realty service, we make listing on the MLS easy, and have the most professional MLS communication process in the business. We’d love to be a part of your next home sale!

Written by Local Flat Fee MLS Experts · Categorized: Massachusetts Flat Fee MLS · Tagged: danvers flat fee mls listings, east longmeadow flat fee mls listings, springfield flat fee mls listings, westfield flat fee mls listings

Jun 24 2014

Springfield MA Flat Fee MLS Real Estate

Wow, Springfield Massachusetts has enjoyed a 20% increase in home prices year over year. Despite the double digit growth, Springfield still continues to offer affordable homes with over 450 single-family homes on the market for sale right now, with an average listing price of just over $143,000.

With buyers today looking for good bargains in housing, Springfield is a natural choice. As the most populous city in western New England with over 150,000 residents, and with a real estate economy that is clearly improving, Springfield for sale by owners (FSBO) are taking advantage of increased profits in their homes by using flat fee MLS to sell their own home without a Realtor.

A flat fee MLS entry only listing service allows a homeowner to list their home on the MLS (Multiple Listing Service) for an affordable flat fee. That listing is syndicated to the most popular real estate websites, and when the home sells, the homeowner saves thousands of dollars in real estate agent commissions.

Springfield Massachusetts Flat Fee MLS FSBO Example

Take for example 40 Delmore Street Springfield, MA 01109, a 1,176 square foot three bedroom one bathroom home listed for sale by owner using an entry only MLS listing. With a list price of $149,800, the seller is poised to save $3,450 in real estate agent commission just by leveraging a flat fee MLS realty service.

Flat fee MLS is gaining in popularity, especially in Springfield, as the real estate market evolves. The majority of homes today are promoted and sold through the Internet as nearly 100% of buyers look online first for their next property. The exposure created through an entry only MLS listing on the most popular real estate websites is amazing – your home will be seen on Zillow, Trulia, Realtor.com, and literally hundreds of other websites, both local and national.

In today’s real estate market, homeowners now have choices when selling their home. In Springfield, there are currently 8 single family homes listed for sale by owner using a flat fee MLS entry only listing, as opposed to a full commission listing from a traditional real estate brokerage.

Springfield homeowners who list FSBO take over the services that real estate professionals normally perform when selling their property. However, they should be assured that their property is getting the exact same exposure on the MLS as those from a traditional listing.

As the flat fee MLS trend in real estate gains popularity, it’s important to note that the role of the real estate agent has changed. It’s the Internet that brings buyers and sellers together and more and more homeowners are not willing to pay a standard real estate commission to listing their home for sale in the MLS.

Do Springfield Massachusetts Entry Only MLS Listings Work?

In the past six months, there have been 5 Springfield Massachusetts flat fee MLS listings that have sold by owner, the average sales price per square foot has been $103 and the average days on market has been 164.

Contrast that with standard full commission listings by traditional real estate brokerages, while there have been 332 single family homes that have sold, the average sales price per square foot has been $90 and the average days on market has been 120.

In Springfield, Massachusetts, flat fee MLS listings that are sold by owner appear to be selling for a higher price per square foot than their full commission counterparts, yet taking longer to sell.

Written by Local Flat Fee MLS Experts · Categorized: Massachusetts Flat Fee MLS · Tagged: 01109 entry only mls listings, 01118 entry only mls listings, springfield flat fee mls listings

Apr 02 2013

FSBO Springfield MA with Flat Fee MLS Listings

Springfield offers some of the most affordable homes in the state of Massachusetts, which is good news for buyers looking to purchase a home in 2013. With an average listing price of $125,000, Springfield now has over 400 single-family homes on the market for sale.

Recent data trends show us that from September to November 2012, the median Springfield sales price increased by almost $5,000 which is just over five percent from the previous year.

For Springfield Massachusetts For Sale by Owners (FSBO) who are listing their homes via a flat fee Multiple Listing Service (MLS) approach, that means even more dollars in their pocket.

Why FSBO Springfield Massachusetts

With buyers today looking for good bargains in housing, Springfield is a natural choice. As the most populous city in western New England, and with a real estate economy that is improving, sellers are taking advantage of increased profits in their homes by using a flat fee MLS listing service to get their home into the MLS and exposed to thousands of buyers searching for Springfield homes online.

This strategy allows a homeowner to list their home on the MLS for an affordable one-time flat fee – much less than what would be paid with a standard real estate agent commission.

With a Springfield FSBO, no commission fees are paid to a real estate agent that normally represents the seller. The benefit? A savings of thousands of dollars while giving your home the much needed exposure to real estate agents and buyers.

How to FSBO Springfield MA

Take for example, a current home on the market in Springfield. Located on Sumner Avenue for $139,000, a seller would save up to $3,875 by using a flat fee MLS listing service instead of paying a commission to a seller’s agent. Should a buyer not have an agent as well, then the seller stands to gain the entire real estate commission – learn how flat fee MLS entry only listings work.

Springfield MA Flat Fee MLS Listings

Flat fee entry only MLS listings are gaining in popularity, especially in Springfield, as the real estate market evolves. The majority of homes today are promoted and sold through the Internet as over 80 percent of buyers look online for their next property. The exposure created through an entry only MLS listing is no different than a home being listed by a traditional listing agent, charging full commission.

Flat fee MLS listings are included in such high profile websites as Realtor.com as well as Yahoo and AOL, making your property available to thousands of real estate agents and homebuyers. Without this much needed online presence, your home won’t get showing requests, and could linger on the market.

In today’s real estate market, home owners now have choices when selling their home. Prior to a flat free MLS model, when selling a home FSBO, it was difficult to get a property listed in the MLS, as the MLS is reserved for licensed real estate agents.

Entry Only New England and flat fee MLS listings change the real estate landscape, giving sellers an alternative to avoid paying real estate agent commissions while not forsaking property exposure.

With a flat fee MLS listing, Springfield homeowners take over the services that a traditional listing broker or agent normally perform when selling a property. As a MA FSBO, the homeowner schedules and attends showings, conducts open houses, and negotiates their own offers to purchase.

As a FSBO with Entry Only New England, your property is treated exactly the same in the MLS as a property listed by a traditional real estate brokerage at full commission – the exact same exposure on the MLS!

Springfield Massachusetts Flat Fee Listing Service

As the flat fee MLS trend in real estate gains popularity, it’s important to note that the role of the real estate agent has changed. It’s the Internet that brings buyers and sellers together and more and more home owners are not willing to pay a standard or traditional real estate agent commission to sell their own home.

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Written by Local Flat Fee MLS Experts · Categorized: Massachusetts Flat Fee MLS · Tagged: springfield flat fee mls listings

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