New Jersey Flat Fee Broker*

Save Thousands in Commission Selling and Renting With a Flat Fee Broker*

Why should you choose a Flat Fee Broker? Choosing a Flat Fee Broker will give your flat fee listing the best exposure for a cost efficient price. A Flat Fee Broker will post your home listing on the MLS. MLS is an acronym for Multiple Listing Service, a portal of data used by REALTORS^® to exchange details about their numerous properties For Sale and For Rent with other REALTORS^® Being on the MLS will give you the exposure that you, as a For Sale By Owner, will need to sell your home. Second, A Flat Fee Broker gives you the most cost efficient way to sell your For Sale By Owner home. With a Flat Fee Broker you will not have to pay half of the commissions that are paid in a typical real estate transactions. If the buyer of your home is unrepresented you won't have to pay any commissions fees.

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Since the 1970s, the National Association of REALTORS^® has been measuring what percentage of homes sell by REALTORS^® and what percentage sell By Owner. It has consistently averaged 85:15 (REALTORS^® to Owners respectively). What this means is that when listing your property with a traditional REALTOR^®, you will on average reach 85% of the market. Consequently if you list your property as For Sale By Owner you will reach 15% of the market on average. Wouldn't it be better to get 100% of the market? The goal of selling is to encourage competitive bidding because it will drive up the price of your property. As your market size increases, so will the probability of this competitive bidding occurring. When you list your property as For Sale By Owner, you will never know if you would have gotten a higher bid had your home been listed in the MLS and exposed to the other 85% of the market. With a Flat Fee Broker you will get that other 85% of the market. Theoretically, with a Flat Fee Broker, that other 85% of the market can be attracted at an average commission of 2½%±¹. The odds are that the interest of the other 85% of home buyers will increase the bidding on your home by more than the 2½% cost of your home. So, on average, the difference will be greater than the For Sale By Owner Price when using a Flat Fee Broker. Even better, with a Flat Fee MLS Listing, the commission is variable. What this means is that a buyer's broker is only paid if one assists in the sale. So if there is no buyer's broker's assistance the cost is only our Low Flat Fee which is almost the same as a For Sale By Owner sale. As you can see, the benefits of 100% of the market make a Flat Fee Broker your best option.

* We are not nor do we intend to purport that this site is a Multiple Listing Service. Use of the term MLS or the phrase multiple listing service denotes that you the owner fills out forms so that our licensed Broker can type you into the MLS's database. It does not imply that you as a layperson will be granted direct computer access to the Multiple Listing Service (MLS) yourself or that this site is a representation of the MLS library of listings. All commissions are negotiable by law.

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