How to Sell YourHome Yourself...andAvoidExorbitant RealEstateCommissions

Introduction

A Complimentary eBook Provided by:

Nishika JonesYour Baltimore MD For Sale By Owner Expert

offering the “Simply List” program for Baltimore Sellers!

The Multiple Listing Service (MLS®®) is the onlysurefire way to sell your property.

There. We said it. For anyone planning to sell ahome without theassistance of a realtor, this may sound harsh. But the truth is, 90% of allhousessell specifically because of listing inthe MLS®. Unless you happento hit upon the right connection with a buyer by some stroke of luck, yourhome likely will not sell if it is not listed in the MLS®. Intoday’s volatilereal estate market, the chances of selling your home based on luck aloneare, well...slim.For homeowners who want to sell without a realtor, this presents aproblem, since access to the MLS®is impossiblewithout assistance from arealtor.The question then becomes how you can sell your home on your ownterms, get great exposure to thousands of realtors and potential buyers,and still access professional help if you need it?There is a way. And it’s a method that goes far beyond the inflexiblemethod known as FSBO (For Sale By Owner.)That way is the flat fee listing, also called a flat fee MLS®listing. In thisspecial report, we are going to learn how the flat feeMLSlisting isbridging the gap between FSBO sales and traditional realtor-assisted salesto literally revolutionizethe real estate world, making it possible forhomeowners to sell their homes, evenin a roller-coaster market,for theprice they want

and

pocket greater profits at the same time.Of course, any discussion of thisnew trend must begin with anunderstanding of the MLS®.

What is the ‘MLS®’?

The MLS®(Multiple Listing Service) is a database that lists every type ofreal estate property,from single homes and commercial propertiestotownhomes, condos, acreage and rentals. Your property’s listing in theMLS®ensures that all realtors can find your home and show your home toclients who may be seeking exactly what you have to offer. Of course,

realtors are not the only ones with access to the MLS®. Buyers, too, cansearch for properties that meet their criteria, and statistics prove thatproperties listed in the MLS®sell faster and sell for more money thantraditional FSBO-listed properties.Obviously then, the MLS®is a powerful database. About 85% ofallhomebuyers usinga realtor (who in turn uses the MLS®) willfind theperfectproperty.Interestingly, people often think the MLS®is one big national propertydatabase. Actually more than one thousand individual MLS®databasesexist across the country, including one for each of the fifty United States.This means a realtor in Kansas cannot see listings in the MLS®for NewYork City. Obviously, ensuring a listing in the correct geographical MLS®is crucial to the exposure and sale of your property.Additionally, numerous national websites aggregate listings from thesemany MLS®databases, displaying some information, such asagentcommissions and owner contact information, for the benefit of otheragents.One of those websites is www.Realtor.com.Your listing in the MLS®will also spark additional listings on otherwebsites, including:

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Google

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MSN

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Yahoo

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AOL

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Lycos

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Altavista

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Ask Jeeves

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Netscape

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Excite

How Your Property Gets Listed in the MLS®

Only a licensed real estate broker who is adues-paying MLS®member canlist a property in the database. There are no exceptions to this rule. Thisis a good thing, because a lot of responsibility goes with listing a home.The broker must ensure the accuracy of the listing and keep it current