No commission real estate Reviewing the topic
No commission real estate services, or flat fee Multiple Listing Services (MLS), have changed all that. No commission real estate means just what it says: the seller has no obligation to pay a percentage based commission to a selling broker. The seller hires an MLS licenced broker at a flat rate to coordinate Internet listings through local and national MLS real estate websites and to act as a point of contact during the life of the transaction. You can even put out a For Sale By Owner sign. That is all there is to it.