Flat Fee MLS - Florida
Florida allows brokers to offer rebates to consumers. Florida law requires brokers to present all offers, but allows consumers to waive that requirement. This written waiver preserves consumers’ ability to choose the brokerage services they want, including MLS-listing-only services or other à la carte services. See No Brokerage Relationship Notice.
Florida Flat fee MLS is a term used to describe a practice in Florida whereby realtors place pertinent information about a Florida property for sale into the database a Florida local Multiple Listing Service (MLS) for a set fee or dollar amount as opposed to a commission based on the contract selling price of the property.
At the time of contact between the seller and the Florida flat fee MLS broker, disclosures should be provided to the seller stating that the Florida real estate licensee has a “no brokerage relationship” with the seller and will only perform limited services.
Learn more about flat-fee MLS in Florida:
- Broker discounts: Discount Brokers Can Make Selling a Home Less Costly
- Rebates: Rebates Make Buying a Home Less Expensive
- Florida law allows the consumer to search for a Flat fee MLS broker and Go FSBO!
- Wipe out the listing brokerage commission and save thousands.
- Stay in control by eliminating certain contractual risks that are present when using a full service real estate broker.
- Advertise your home as a (FSBO) for sale by owner seller.
- Deal directly with a licensed broker in your state. Fees vary by State, County, and Local Broker.
- Click here to learn about other state laws or regulations affecting consumers’ rights as a seller of real property
- MLS Listings are updated in real time and are available for viewing on www.realtor.com and your local MLS 24/7.
Related documents on the Internet:
- Florida Statute Title 32 § 475.278 (2005) requiring brokers to perform minimum services, but allowing consumer waiver
Florida Real Estate Commission
call.center at dbpr.state.fl.us
1940 N Monroe St Tallahassee, FL 32399
Phone: 850-487-1395