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The Scoop on Mere Listings: Understanding Flat Fee Listings on MLS®  provided by homeFree

The Scoop on Mere Listings: Understanding Flat Fee Listings on MLS®  provided by homeFree Welcome to the world of real estate, where terms and jargons can sometimes make your head spin. If you’ve come across the term “mere listing” or “flat listing” and wondered what it’s all about, you’re in the right place. This blog […]

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October 19, 2023

The Scoop on Mere Listings: Understanding Flat Fee Listings on MLS®  provided by homeFree

Welcome to the world of real estate, where terms and jargons can sometimes make your head spin. If you’ve come across the term “mere listing” or “flat listing” and wondered what it’s all about, you’re in the right place. This blog by homeFree Realty will break down mere listings, explaining how they function in the MLS® (Multiple Listing Service) system and why they can be the best option for most sellers.

What is a Mere (or Flat Fee) Listing?

At its core, a mere listing  (flat listing) refers to a property listing on the MLS ® where the real estate broker agrees to list the property without offering any additional services to the seller. HomeFree has partnered with a brokerage  who does this for HomeFree customers. Instead of the traditional commission-based approach, HomeFree’s partner brokerage will simply list your property on realtor.ca for no cost to you. The seller pays a flat fee to HomeFree to get their property listed on homeFree.com and realtor.ca.

The broker’s only responsibility is to ensure the property is listed on the MLS®, and from that point onwards, the seller handles inquiries, showings, and negotiations, all while eliminating commissions.

Why Opt for a Mere Listing?

Cost Savings:

One of the greatest benefits is the significant cost savings. Instead of paying a percentage-based commission, sellers get the exposure of realtor.ca, the tools and support of HomeFree AND keep control of a private sale.

Control:

Sellers have more control over the selling process. They can decide how to market their property, schedule showings, and close the deal on their terms.

Flexibility:

Sellers can negotiate directly with buyers to achieve terms that meet both of their needs.

How Does homeFree Realty Fit Into This?

At homeFree Realty, we understand that seller’s want more control over their real estate sale. We know that sellers don’t want to pay an average of $20,000 in commissions. We also know our sellers want maximum exposure.

homeFree’s real estate listing package includes a mere/flat fee listing. homeFree makes it easy to list properties for a flat fee of $997 +GST to be listed on MLS®, realtor.ca® and oldsite.homefree.com ensuring your listing gets the maximum exposure needed to be found by buyers.

Buyers and sellers are intelligent people who want to save thousands in commissions. That said, some may feel they need support in the process. Again, that’s where honeFree comes in! We provide a range of resources, guides, and tools to help sellers navigate the process smoothly. We also provide a worry-free offer to purchase program with our partner law firm.

 homeFree Realty is here to guide you every step of the way.

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© 2024 homeFree Realty Inc. All rights reserved.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

* Only when the buyer comes direct, otherwise the seller may choose to negotiate a commission with the buyer’s agent.

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