Q&A's for all Listing Plans

Where does the property appear for all listing plans?
All of our listing plans include syndication to unlimited internet home sites (Zillow.com, Trulia.com, Home.com etc) plus hundreds of real estate companies and agents websites like Weichert, Keller Williams, etc.


Are there a list of websites that the property appears on?
Too many to list. Your property will appear on all IDX sites which are almost all of the real estate companies, agent websites plus any websites that advertise homes.


Does a property get listed on more than one MLS for all listing plans?
Properties are listed on their main MLS but can also be listed on a secondary MLS bordering the county. There is an additional fee for the secondary MLS. Not all properties can be listed in a secondary MLS because it may not be applicable to that specific property. There is no additional fee for the Full Service Listing plan to get listed on a secondary MLS.


On the listing agreement you have 2.5% compensation to buyer's agent, is it possible to change it to 2% for either the Flat Fee MLS plan, Agent Assisted Listing Service plan, or the Full Service Listing plan?
You may choose between 2% to 3% but we recommend 2.5%. About 75% to 85% of sellers offer buyer's agents 2.5% for selling their property.


When listing with a Flat Fee MLS plan or an Agent Assisted Listing Service plan, are those fees the ONLY fees that the seller will pay for listing on MLS?
Yes, that is the only fee that will be paid to list on MLS.


Is there any commission paid when listing with a Flat Fee MLS plan or the Agent Assisted Listing Service plan?
There is no commission to list your property. The total sales commission of 2% to 3% will be paid to the buyer's agent from any real estate company at closing if the buyer's agent sells your property.


If the seller sells their property while listing with either a Flat Fee MLS plan or an Agent Assisted Listing Service plan does the seller pay commission or any other additional fees?
If the seller sells their property without the help of a buyer's agent from any real estate company, the seller does not pay commission or any other additional fees.

 

When listing with either a Flat Fee MLS plan or an Agent Assisted Listing Service plan why am I required to sign all real estate forms?
We are a licensed real estate company and we are required to use the forms provided by MLS and the New Jersey Real Estate Commission.


Is there a fee to cancel?
No.


Can I cancel ANY time?
If you choose the Flat Fee MLS plan or Agent Assisted Listing Service plan you may cancel at any time and our company will unconditionally release your property.


What is an unconditional release?
Unconditionally withdrawing means that you can list with any realtor immediately after our listing contract has been canceled. Traditional real estate companies will allow you to cancel but you may not list with another realtor until the contract expires which could take up to anywhere between six to 12 months.


After canceling will I be able to get my money back?
100% Money back guarantee when you cancel before your property listing is entered on Multiple Listing Service. No refund will be provided after the listing is active in Multiple Listing System (MLS).


When listing with a Flat Fee MLS plan or an Agent Assisted Listing Service plan, does the listing agent represent the seller(s) as seller's agent?
With the Flat Fee MLS plan and Agent Assisted Listing Service plan we are acting as transaction broker for the seller(s) so we do not represent you as seller's agent.


What is a transaction broker?
Please click here for more information.


When listing with a Full Service Listing plan, does the listing agent represent the seller(s) as seller's agent?
Yes.


What is a seller's agent? Please click here for more information. 


Does the listing agent negotiate for the seller(s) when listing with either a Flat Fee MLS plan or an Agent Assisted Listing Service plan?
The Agent Assisted Listing Service plan includes price negotiation. The Flat Fee MLS plan does not include price negotiation but it can be added for a fee.