FSBO MLS Florida Realtor Listing Services - Control, Choice, Competition, and Rebates - Respa Realtor Rebates
| Stay in Control by Eliminating Certain Broker Contractual Risks | ||
 |
Sell (or otherwise transfer title to the real property) to any person procured by you (i.e. someone who is not represented by a “Buyer’s Broker”) without having to pay a brokerage commission or penalty. |
|
 Home prices and commissions over time  Competing models of real estate brokerage |
||
| Discount brokerage Keeps More Equity In your Pocket | ||
 |
Paying a flat fee for an MLS listing means more equity in your pocket! All the advantages associated with an MLS listing will be available to you at a fraction of the cost. As a result, there will be no additional listing fees owed specifically to the listing Broker. |
|
Calculate how much you can save  |
||
| Rebates are not a Violation of RESPA Section 8 | ||
 |
HUD recently clarified its rule that rebates are permissible under RESPA as long as they are reported on the HUD-1 form. |
|
HUD explains that rebates are permitted by RESPA  |
||
| Other Concerns Affecting Price Competition | ||
 |
Some states require real estate closings be conducted by lawyers, reducing competition and raising settlement service fees. An equal concern is when settlement service providers require the use of their affiliates. |
|
| Laws that raise closing costs Anticompetitive MLS practices |
||
Consumers Save Thousands, Respa Realtor Rebates, Title Insurance