With more than 30 years of experience in real estate, Darrell Lewis is a seasoned professional in the industry. In 2020, he founded DIY Flat Fee MLS, inspired by the belief that there had to be a more efficient way to sell properties. Darrell launched DIY Flat Fee with the goal of helping clients maximize their profits while cutting down on expenses, potentially saving thousands of dollars in commissions.
The MLS is the secret ingredient in the DIY Flat Fee recipe for success. With over 800 MLSs nationwide, your property is visible to a large network of potential buyers and their agents. This system, developed by REALTORS®, makes transactions more efficient and beneficial for all parties involved.
Sellers create more exposure to their property by listing on the MLS. Buyers benefit by obtaining information about all MLS-listed properties while working with only one broker. This increased visibility often leads to more offers on your property, potentially speeding up the sale process and improving the chances of getting a favorable price.
Transparency is vital when it comes to costs. Sellers can expect to pay about 1-2% of the sales price for settlement charges. This percentage might include transfer tax, deed preparation, city and county taxes, attorney fees for closing, overnight payoff fees, fed wire fees, and transaction admin fees. Additional items could include home warranties, closing costs for buyers, or points to buy down buyers' interest rates.
Sellers can significantly reduce the traditional 6% commission typically associated with real estate transactions by choosing DIY Flat Fee. This often translates to thousands of dollars in savings!
To keep everything running smoothly, DIY Flat Fee has a few important rules:
● To avoid potential fees, sellers must notify of all listing changes within 24 hours.
● Sellers have the freedom to choose the buyer's agent commission.
● Per MLS Rules & Regulations, an additional 0.12% of the sale price applies to properties listed in FMLS (Georgia).
These rules ensure that all listings remain up-to-date and compliant with MLS regulations, maintaining the integrity of the service and avoiding potential fines or complications.
DIY Flat Fee is revolutionizing property sales across Kentucky, Illinois, Virginia, Georgia, Alabama, Florida and Tennessee. Based in Lexington, KY, this innovative service is just a call or click away. By combining the power of MLS exposure with significant cost savings, DIY Flat Fee offers a compelling alternative to traditional real estate services.
For those ready to maximize their profits and minimize their expenses, DIY Flat Fee presents an opportunity to take control of the selling process. With its range of packages, expert support, and commitment to empowering sellers, DIY Flat Fee is changing the real estate landscape one property at a time.