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FSBO MLS Florida Realtor Listing Services – Control, Choice, Competition, and Rebates – Respa Realtor Rebates

December 3rd, 2009
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.

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