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Hickory North Carolina real estate Article Summaries

Real estate portal attacked by hackers
By: George Barrows
: RealEstateGates.com officially announces of the hacker attack that took place last Friday, December 3. Portal's Securi... RealEstateGates.com regrets about what happened and presents thousands of apologies to the people who received the lett...

Joint Ventures In Real Estate Development; So How Do They Work?
By: Colm Dillon
: There are many reasons why you would consider joining with another person to undertake a development project in Joint... comes to shove' money rules ... The golden rule says, He who has the GOLD, RULES.Also, if the rich guy tell you not to ...

A Real Estate Investing Primer
By: Adem Hamidovic
: There are a great many books and web sites devoted to real estate investing out there, but most of them concentrate on... put off by longer term investments then lease options are definately worth more research.There are other strategies tha...

What is the Real "Real Estate Software"?
By: Anastasiya Shalayeva
: Everybody knows the difference between the virtual and the real. When it comes to real estate online ads, this differe... script, time out errors and produce constant problems, when the database might be overloaded. One of the main aspects, ...

Negotiating real estate deals to win-win
By: Charles Warnock
: If you’ve spent some time on homekeys.net, you probably noticed we generally don’t carry a torch for tradition or conv... your primary concern, be prepared to turn down some offers as you wait for the right buyer. If time is more important t...


Featured Article

Flat Fee MLS Listings - Is this the future of real estate

Richard Massey



Realtors are all a buzz about this new form of listing houses on the MLS (multiple listing service). Some feel it creates more work for the buyers agent, while others see this as a way to tap into the For Sale By Owner market.

It use to be when you made the decision to sell your home, you essentially had two methods available to you. You could list your home with a traditional real estate company and pay 6-7% commission or you could try selling on your own "for sale buy owner".

Research shows that nearly 50% of all home sellers start out trying to sell their property on their own. Although some home owners are successful with FSBO, according to the National Association of Realtors (NAR) home seller survey, only sixteen percent of sellers actually sell their home without exposure on the MLS. And many of them end up giving away their commission savings to the buyer to close the deal.

Realtors tend avoid for sale by owner properties because they are working with buyers and have no written agreement to be compensated. If the seller has not agreed in writing to pay a commission to the agent, the buyer could cut the agent right out of the deal and negotiate directly with the seller. It happens....

With flat fee MLS service, the seller has agreed in writing to pay a commission, usually 3%, to the buyers agent. This motivates Realtors to bring the seller a buyer.

How it works:

Real estate commissions by law are negotiable. In a flat fee listing, the listing agent agrees to a flat fee instead of a percentage of the sale price. This can be anywhere from $300-$600 for the service of adding your house to the MLS. Then you choose how much to pay the buyers agent in commission for bringing you a buyer (typically 3%). So in the sale of a $200,000 house you would pay $6,000 plus the flat listing fee, saving a close to $5,700 in commissions. The plus side is in the listing agents contract, the right to continue advertising you house FSBO. So in the event you find a buyer without an agent you save on all commissions and only pay the flat listing fee.



  • What do you get with flat fee MLS listing:

  • Advertise your home on Realtor.com®

  • Market to buyers working with a Realtor® through the MLS

  • Market to Buyers working without a Realtor®

  • Retain your right to sell your property by owner

  • Avoid paying any real estate listing commission by paying a flat rate or fixed fee upfront

  • Only pay a commission if a buyer's agent sells your home

  • Why would a listing agent want to do this?



For real estate agents this can be an opportunity to increase revenue by listing more homes. There are many people who refuse to use realtors because of the 6-7% commissions, but are more than willing to pay 3%. With the increase of internet marketing, realtors can reach more people because all they are offering is to list the house on the MLS. Services are minimal and the listing agent really won't be trying to find a buyer for you, but rely on the buyers agents. This allows them to list properties in a larger area and in some cases in other states.

With the increase of house prices, is the 6% sales commission going to survive or will flat fee listings be the wave of the future. Only time will tell...







Richard Massey is a note broker with United Financial Resources and a real estate investor. You can get more information at http://www.unitedfinancialresources.com or to read more articles go to http://unitedfinancialresources.com/news.html




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Hickory North Carolina real estate Resources
Check below for additional Hickory North Carolina real estate Links and Information

Buy Or Sell A Home In Hickory; North Carolina - Real Estate Agent Map
Real estate agents to help you buy or sell a home in North Carolina. In 2000; a population of 37;222 people was recorded for this city (16;571 housing units). Locally; the average temperature for the month of July is 76.8F and 37.7F during January.

Hickory Real Estate Agents; Hickory Homes For Sale; REALTORS and Hickory
Hickory Real Estate - Find Hickory Homes For Sale; REALTORS; home values and see real estate information for Hickory; North Carolina home buyers and sellers. ... Mortgage Center. Neighborhoods. Hickory North Carolina Real Estate ... HomeGain provides Hickory; North Carolina real estate information and resources to guide homeowners and homebuyers ...

Check your Lone Hickory North Carolina Homes Value Online - Real Estate Appraisal Lone Hickory NC
Lone Hickory; North Carolina Real Estate Appraisal - Before you buy or sell a home know the facts on Lone Hickory; North Carolina. Get a home appraisal; neighborhood sales; tax roll information; local businesses. Useful for buying; selling or ...

Hickory NC Real Estate; Hickory NC RE/MAX Realtor; Hickory NC Homes for Sale
Providing a superior level of informed; professional real estate services to buyers and sellers in the greater Hickory area. ... Twice the Service; Twice the Results. Hickory; North Carolina Real Estate ...

Speight Properties Hickory; North Carolina (Real Estate)
USA - North Carolina - Hickory - Real Estate. Speight Properties. Speight Properties is a real estate agency providing assistance in real estate services in Hickory; North Carolina.

Real estate in Hickory North Carolina
Hickory North Carolina Real Estate and Information; offers real estate information in North and South Carolina.

Fairfield Inn By Marriott Hickory Hickory; North Carolina
... Hickory; North Carolina Real Estate MLS ...

Hickory North Carolina - Hickory North Carolina Real Estate; Hickory Real Estate
... Hickory; North Carolina Real Estate. Free Relocation Information. Hickory; North Carolina real estate. If you are considering buying a home in Hickory; North Carolina or looking for ...

Hickory; North Carolina FSBO - For Sale By Owner Homes in Hickory; North Carolina
... Search Hickory; North Carolina real estate via live map ...

CENTURY 21 Mountain Lifestyles - Hickory; North Carolina Real Estate - Hickory; North Carolina Homes For Sale
Asheville real estate; Century 21 Mountain Lifestyles serving Asheville NC; Hendersonville NC; Weaverville; Brevard; Cashiers and Western North Carolina real estate.

Relocate-America.com - Discover America's Favorite Places to Live!
Real Estate and Home resources for relocating buyers and sellers looking for consistent information about the potential new area they may be moving to throughout the United States and Canada's.

Carolina Living - Chapel Hill
Chapel Hill; North Carolina is more than the University; it's a thriving city full of culture; fine dining and eclectic shopping. ... estate in durham north carolina real estate in hickory north carolina real estate in nc north carolina real estate in ...

River-Bend Properties - Lake Hickory North Carolina Real Estate
ELEMENTARY. Granite Falls Elementary SCHOOL OF EXCELLENCE. 60 N. Highland Avenue

Hickory Homes for Sale - Hickory Real Estate Agents - Realtors - Houses For Sale - Hickory North Carolina.
... Are you looking for Hickory North Carolina real estate agents to buy or sell a home ...

Hickory; North Carolina Home Page; sponsored by New Quest City; Hickory links to Hickory classifieds; Hickory ...
... Hickory; North Carolina Real Estate. Free Relocation Information. Hickory; North Carolina real estate. If you are considering buying a home in Hickory; North Carolina or looking for ...

Listings North Carolina: Mountains Region: Real Estate
River Bend Properties (Granite Falls) north carolina real estate; hickory north Carolina; real estate; home sales. http://

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