Here is a collection of Illinois Flat Fee MLS frequently asked questions that I have put together to help you in listing a home. If you have any other questions, not listed here, feel free to call or send an e-mail.
By clicking on any of the questions below, you may view the answer.
Can I Get More Help From the Broker?
Almost all of the brokers in our network will provide additional services including contract review, negotiating, and close of sale. These additional services are subject to an additional charge.
Do I Have to Pay a Buyer's Agent Commission if I Find my Own Buyer?
No. No additional fees or commissions are paid if you find your own buyer. You can cancel your Flat Fee Listing anytime.
Do I Have To Pay A Seller's Agent Commissions?
Not with a Illinois Flat Fee MLS Listing. You just pay a Flat Listing Fee as little as $99 to get the MLS exposure for your property.
Do I Have To Pay A Buyer's Agent Commissions?
If a Buyer’s agent finds your listing on the MLS and brings a buyer you must pay the buyer’s agent a commission if you accept the offer. The commission you’re willing to pay must be stated on your MLS listing details and listing agreement. We recommend that you offer a commission between 2% – 3% because your listing will be competing with other listings for agent’s attention within your MLS market area.But ultimately it’s completely up to you what you’d like to offer.
How Many Photos Will I Get?
Our $198 6 Month Illinois Flat Fee MLS listing plans start at 6 Pictures up to MAX/25 Photos.
If necessary you can mail in hard copy of your photos to be scanned and uploaded.
Each MLS has their own max number of photos that can be placed on the MLS. We also offer a different amount of photos per listing plans.
You will need to take your own photos or hire a professional. Photographers in Illinois charge in the ranges of $75 – $250.
How can the MLS help sell my home?
On an hourly basis real estate agents look on the MLS for new listings as they have qualified buyers ready to purchase a home. The majority of all buyers are represented by a real estate agent because it’s completely free to them. And a real estate agents will always start their search on the MLS.
An MLS listing means more offers on your property.
The truth is you can now place a property on the MLS ‘By Owner’ and not owe a sellers’ agent 3% of your sale price. Please give us a call if you have any questions and we will gladly explain the how you will save thousands and benefit from a Illinois Flat Fee MLS Listing.
What is the MLS?
The MLS is a large database that real estate agents & brokers use to find available homes for qualified buyers. In the past the MLS was all on paper which is why you needed to hire a full service agent to get access to these MLS listed properties. The MLS was not made available to the public.
Nowadays the internet has changed the real estate industry completely. Every single real estate agent has an MLS search on his/hers website. And now it’s easily possible for you to get your property listed on that exact same MLS for a low flat fee.