Florida Flat Fee MLS Realtor Limited Services
Florida Flat Fee MLS
Flat Fee For Sale By Owner Realtor.com Listing Package |
Allows choice of brokerage services | |
Allows brokers to offer rebates to consumers |
Florida Flat fee MLS is a term used to describe a practice in Florida in which realtors place pertinent information about a Florida property for sale into the database of 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.
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.
1. Dealing honestly and fairly;
2. Disclosing all known facts that materially affect the value of residential real property which are not readily observable to the buyer.
3. Accounting for all funds entrusted to the licensee.
Learn more about:
- Brokerage services: Discount Brokers Can Make Selling a Home Less Costly
- Rebates: Rebates Make Buying a Home Less Expensive
Related documents on the Internet:
- Florida Statute Title 32 § 475.278 requiring brokers to perform minimum services, but allowing consumer waiver
- See also: Exclusive Agency v. Exclusive Right-of-Sale
- See also: No Brokerage Relationship (Its Florida Law)
- See also: Florida Transaction Broker Notice
- See also: Title Insurance Rates In Florida
- See also: Florida Counties and Cities
- See also: Frequently Asked Questions
- See also: Michigan Flat Rate MLS