Frequently Asked Questions
MLS, Multiple Listing Service, is an independent service to find real estate MLS listings for sale by Realtors® and other realty professionals that are members of the local Board of Realtors. This includes homes for sale – new homes and resale homes, new construction; rental and lease properties; acreage, lots, and land; commercial properties and investment properties. MLS does not work directly with any real estate buyers or sellers, and does not receive any commissions or referral fees from any resulting transactions.
Yes! Besides the MLS, your home will appear on REALTOR.com, Zillow, Trulia, Homes.com, RealEstate.com, Aol Real Estate, local real estate brokerage websites that display MLS listings, and all of the major brokerages that feed directly from MLS. Please Note: We cannot guarantee that your listing will show up on each and every site as the Internet is constantly changing and some websites will be slow, stop syndicating, or have occasional technical issues.
Yes. A buyer’s agent commission is an amount you are willing to pay a real estate agent that brings you a willing and able buyer. On MLS, a buyer’s agent is made aware of what a seller is willing to pay. The amount should be competitive, typically between 2% and 3% of the selling price.
No. Our service is strictly a flat fee service. If you find the buyer, you pocket that commission as well.
Yes., no additional fees to cancel or remove your listing at any time.
Yes! If you find a buyer on your own, you pay absolutely no buyer’s agent commission.
Yes! Your listing will be added to the local MLS and look the same as all the other listings. The format is standard for all listings within MLS.
Yes! Your home will appear on REALTOR.com, Zillow, Trulia, Homes.com, RealEstate.com, Aol Real Estate, local real estate brokerage websites that display MLS listings, and all of the major brokerages that feed directly from MLS.
The MLS database holds one of the largest inventories of homes that are ready for sale or rent. That is why it is a vital tool to increase exposure for your property. MLS listings have all the specifics a buyer is looking for in their new home such as square footage, number of bedrooms and baths, age of the property, etc. Buyers will also find photos of the home. In addition, through MLS the home can be listed on every major real estate buying and selling Internet platform; thus, decreasing transaction time by increasing visibility.
No. Our broker or agent will be happy to refer you to a third-party escrow officer at a title company or an attorney.
We are a licensed real estate broker and will be happy to answer any question you have. A Live licensed real estate agent works with you. Just like any other full-service broker. If you want to make a change to your listing including price, description, etc., send us your request in writing via email. The listing will be updated within 24 hours.
We will provide the Combo lockbox to use.
That’s up to you. Typically, MLS listings are posted for 6 months to a year, but you can choose or change the end date. Also, there is no cancellation fee.
Yes. MyHouzee was built to save you money in every aspect of your sale, including title insurance. To lower your costs, we use technology to connect to a network of affiliated title/closing agents state-wide. Each in network title/closing agent is generally attorney driven, and guarantees the Minimum Rate established by the Illinois Dept. of Insurance for the Owners Policy of Title Insurance – so you’ll save a bundle!
But we believe in choice, so you’re free to choose any title/closing agent you like. You agree to pay a sum of $375 at closing to Flat Fee MLS Realty for its costs to manually coordinate closing with the title/closing agent regardless of who selects title on the contract. However, if you choose an in-network title/closing agent who is affiliated with Flat Fee MLS Realty, the $375 coordination fee due at closing will be waived.
Yes. We require each buyer to submit a pre-approval with the offer. If the buyer does not have a pre-approval. Fortunately, Myhouzee has partnered with ehomeloan, to ensure that buyer(s) that submit an offer on our listings are pre-approved. If a buyer is paying cash and not obtaining a loan, MyHouzee requires a proof of funds such as a bank statement before an offer is considered.
Yes, We provide Full Real Estate Broker Service. A full-service broker will handle the sale of your home from start to finish, listing the property, marketing it, and handling closing. A Live licensed real Estate agent work with you.
More Questions?
Please contact us at +(1) 312.752.5460 , or email contact@myhouzee.com.