Here is a collection of frequently asked questions that I have put together to help you in listing a home Flat Fee. If you have any other questions, not listed here, feel free to call or send an e-mail.
If you're preapproved, it means that you have undergone the extensive financial background check, which includes looking at your credit history, previous tax returns and verifying your employment - and the lender is willing to give you a loan, basically meaning you're approved!
You will usually be provided an accurate figure which shows the maximum amount that you are approved for. Most sellers prefer buyers that have been preapproved because they know that there will not be any problems with the purchase of their home.
Flat Fee Listing - Sellers
Also, if you would like, we can put an 800 phone number on the sign that (1) gives a 24/7 description of your home and (2) will connect directly to you so you are not loosing any buyer leads.
Yes, you can make changes to your listing at any time. There is no charge to make changes to your listing.
Simply log onto your, "My Listings Dashboard" that is where you manage your listing after it is live.
Changes can take up to 1 business day to reflect in the MLS (Multiple Listing Service).
Yes. If a Buyer's agent sees your listing on the MLS and brings a buyer you must pay the buyer's agent a commission, if you accept the offer.
commission you're willing to pay must be stated on your MLS listing
details. We recommend that you offer a commission between 2.5% - 3%
because your listing will be competing with other listings for agent's
To post on the MLS, you need to specify how much commission you are offering to a buyer’s agent. typically 2.5% - 3%.
Most home sellers opt to have their home featured on the MLS because that means more exposure to their home, even if it’s for sale by owner. This increases the likelihood of selling quickly and for a desirable price.
If you find the buyer, you do not have to pay any agent commission. If you would like an agent here at RobinHood to write the contract, we just charge a small flat fee to do so.
By listing the home on the MLS will help increase the odds of you finding a buyer before a Real Estate agent does because buyers will see your listing on all the syndicated websites.
We highly recommended it; however, it's your call. Our bluetooth lockboxes are secure, dependable, easy to use and allows you to set an access code.Having a lockbox makes it easy for buyers agents to access the home.
A lockbox will increase your showings because it will make your home more accessible to buyer agents. In addition, buyers like to see the home without the homeowner present. Having personally been ranked as a top 100 agent nationwide (sorry about the bragging, I just really want to make a point here), I can say first hand that buyers get uncomfortable when a homeowner is there because they don't feel free to really look around and ask their agents questions.
Buyers like to walk around and visualize themselves in the home; they might ask their Realtor questions that would make them uncomfortable to ask around a homeowner.
Also, when buyers get excited and fall in love with a home, they might want to talk about structuring an offer and details while they are still in the house. They otherwise would not have this conversation.
RobinHood Flat Flee Realty
PO Box 276
Danville, Ca 94526
Can't get that from a traditional Realtor:) In fact, RobinHood is the only Flat Fee company offering this service.
While the MLS may look like one large national database, it's actually a suite of approximately 700 regional databases. And they're quite territorial: Each regional MLS has its own listings, and agents pay dues to access and post homes on each one. This is why agents who want a broader reach for their clients may become a member of more than one MLS, like we at RobinHood Realty have done.
In general, only one MLS has the keys, both figuratively and literally, to any one home
While numerous websites aggregate home listings through highly condensed versions of MLS listings, realtor.com® is by far the most comprehensive, with 99% of all MLS-listed "for sale" properties in the U.S.RobinHood Flat Fee Realty helps you get maximum exposure for your home by place it on the MLS.
Our Platinum package includes a yard sign with a 800 phone number that will go directly to you. If you choose a different package other than the "Platinum, you can order a sign with an 800# through the RobinHood Flat Fee a la carte tools.
A traditional full service MLS listing typically comes with an agreement barring you from selling your home as FSBO for a period anywhere between 4-12 months. You also will pay a 5% - 6% commission that is shared between the listing agent and the selling agent.
With RobinHood Flat Fee, our MLS listing have no listing commission, just a one time flat fee and you retain the right to sell FSBO. You can pick and choose the services you want from a Realtor and only pay a small fee.
Just like a 5% - 6% commissioned agent, your home will be syndicated out to all the major brokers and agent websites, be listed on your local MLS and have listings on Zillow, Redfin, Trulia and realtor.com to name a few.
With RobinHood Flat Fee, you can pick and choose the service you would like from our a la carte menu. Even if you picked every a la carte item, you would still only pay a small fraction of what a traditional listing agent charges.
Once all title holders have completed the listing agreement, your listing goes into broker review. It takes 1-2 business days for a listing to become live on the MLS once the listing agreement is signed by all parties. You will receive an email when your listing is live on the MLS or if the broker has additional questions for you.
After it is live on the MLS, the speed it gets to other websites depends upon those websites and how fast they are able to process it. Many sites will have the listing live within 24 hours (Realtor.com is often less than 4 hours), but most say that it can take up to 72 hours. Changes to listings after the listing is live take up to 1 business day.
Zillow, Redfin and Realtor.com have all made changes lately in how they process listings which has resulted in occasional data glitches. If you notice anything incorrect in any of these sites, please let us know and we can work with them to fix it.