$0 Upfront Flat Fee Broker Omaha and Lincoln NE

The flat fee broker represents a low cost option for sellers wishing to utilize the Multiple Listing Service (MLS) for advertising and handle the sales process themselves. The Flat Fee Broker typically charges an up front fee to let a For Sale by Owner access the MLS. Unfortunately, most Flat Fee programs don't work well. Hint: We have a better way.

The Problem

It looks good on paper, but the typical Upfront Payment model doesn't pan out in practice. That is evidenced by the high ratio of "cancelled" and "expired" flat fee listings relative to "sold" listings. The listings that don't sell are often re-listed with a full price broker, costing the seller valuable equity. In addition, buyers looking on the Internet see that the house has been on the market for an extended period of time and had failed to sell. In today's market this could be seen as an indication of a problem house, creating a challenge for the next broker to get good offers.

The root of the problem is the flat fee broker has no incentive to sell the house or support the seller because they already got paid. Unless the seller is experienced, like a retired real estate agent, it is difficult for them to navigate through the process or provide the quality of marketing that their competition has.

Here is how it typically works: The flat fee broker provides no services for the fee other than data entry on the MLS. The seller is responsible for all other facets of the listing and selling process. Sometimes the advertised fee is really low with the expectation that other services, such as enhancements to the listing, signs, lock boxes, flyers, photography, call forwarding, document preparation, etc. will be purchased individually.

The typical program allows the seller to choose the amount of commission the buyer's agent will receive. The platform often encourages sellers to save money by underpaying the buyer's agent. There is no better way to motivate an agent to show your house than cutting their pay, right? In addition, with the Flat Fee model the showing agent often has to act both as a selling agent and a listing agent by helping the seller navigate the process, in addition to representing their buyer. Knowing that, some agents will avoid showing flat fee properties or expect to be adequately compensated for the extra work.

We Have a Better Way!

We make the flat fee concept work by solving the problems created by the typical Flat Fee model and going beyond just data entry. You get valuable resources that will help you maximize your sale price and get you through the process all the way to closing. The detailed instructions and guides make the process easy plus you get email and phone support to help with the tough questions.

There are two great plans to choose from, one for experienced real estate sellers and one that provides the full service and support most sellers need and want. Explore our site and find the best option for you. As always, we are available to answer questions and help you get your house sold. In fact, we depend on your house selling. We only get paid when you do!