Once you sign-up for the Flat Fee MLS package, FSBO.com gives the lead to MLSmart Realty, LLC, www.MLSmart.com, a licensed real estate broker in several states, but not all and FSBO.com has nothing to do with the MLS listing after that. MLSmart Realty, LLC will either handle the lead themselves or refer it out to a licensed real estate broker that is a member of your area MLS. Please make sure to ask the listing agent the name and coverage of the MLS they will list your property in. Often times there are different MLS’s that cover the same area. It is your responsibility to ensure this is the correct MLS for your property. Once the forms have been submitted back to the listing broker, the property is listed and assigned a MLS number, MLSmart Realty, LLC will charge your credit card and there are no refunds. The listing broker will list your property on your local MLS for six months. Once listed in the MLS, you will be responsible for showings, additional marketing, open houses, negotiations, etc. The broker acts as your listing agent, but does not collect a commission (in most cases). By default, their name and phone number will appear on your MLS listing as well as any real estate websites, such as Realtor.com. If a broker brings you a buyer and you accept an offer you will need to pay them a commission. All commission is negotiable, but the average is around 2-3% and will need to be stated up front upon entering the MLS.
Once the MLS forms have been submitted back to the listing agent, we are unable to offer refunds. (MLS & Realtor.com is not offered in all areas, please
click here for coverage area & additional details.)