[5-DayForum] Question about advertising on MLS

[Rosemarie and Fred Belcher]

    Our experience (and what a real estate broker told us) is that if you advertise on MLS you must be willing to sell at that price. If you advertise for half the value of the property, and someone offers you that, you would then have to accept that offer. And pay the realtor who found it on MLS and brought you a buyer.
     Even if that rule does not exist where you live, you would be adding about  3% for commission to y our costs - seller pays the realtor, or it comes out of the proceeds. 
    We chose not to put it in MLS and did fine. Signs in the neighborhood found us our buyer.
Rosemarie
  ----- Original Message ----- 
  From: Freesia 
  To: 5-Day Forum 
  Sent: Tuesday, October 23, 2007 12:09 PM
  Subject: [5-DayForum] Question about advertising on MLS


  These days one can find a realtor service for "list only" on MLS for around $300-$500.

  Anyone try this?  We currently had the townhouse we are auctioning off this weekend MLS listed but we are changing the listing to reflect the auction.

  Any insights to previous MLS listers appreciated.  

  Thanks,

  Freesia
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