Call Us! (949) 505-5353
Frequently Asked Questions
We look forward to working with you! If you have additional questions, please contact us. We are happy to help 🙂
Why list on the MLS?

As a For Sale By Owner, your exposure to potential buyers is limited. Your choices for advertising are generally confined to: yard signs, newspaper ads, for sale by owner and classified websites, open houses, and word of mouth. This is often not enough to attract buyers, most of whom are working with agents. Real estate agents consider the MLS as the inventory of homes to sell and use it to locate properties for their clients.

Real estate agents rarely use newspaper ads or other advertising to locate available properties, even though they may use them for their own advertising. Having your property listed on the MLS will provide needed exposure and will increase the chances that a real estate agent will find a buyer for your home. Real estate agents are motivated to sell properties listed on the MLS because the seller has already agreed to pay a commission.

Are there any additional fees?

There are no other "Listing Fees" other than the initial Listing Package fee you pay us. 

If you would like your real estate broke at One Flat Fee Realty to provide you assistance in negotiating offers, interpreting inspection reports, following up with the buyer's financing, completing all the legal paper work and tracking the progress of escrow, One Flat Fee charges a nominal of 1.5% of the sales price for the additional service. 

If no assistance with your offers are needed, our services are limited to listing the property on the MLS only. You provide the property information, photos and the completed listing agreement, and your One Flat Fee Realty broker will setup your MLS listing. Our only responsibility is to maintain your MLS listing.

However, we would love to assist you if needed. Just let us know.

Will the seller’s contact info be available on the MLS?

On the MLS, yes; it will be available for agents so they can contact you directly for showings.

On “public” websites, such as Zillow, Trulia, or Realtor.com, only the listing broker contact information is allowed to be displayed. The MLS has rules about what information is allowed on 3rd party websites. Neither you, nor your broker can do anything about this, and these rules are strictly enforced.

How are inquires handled for my listing?

Your One Flat Fee Realty real estate broker will refer all inquires they receive directly to the seller. In some cases, buyer leads come in through email and in other cases, we may receive calls. If a buyer says they are represented by and agent, we will suggest to the buyer to have their agent call you to set up the showing.

If you would prefer One Flat Fee Realty to handle the screening, vetting, pre-qualifying and the scheduling of Showing Appointments of the buyer for you, we charge a nominal fee of 1.5% of the sales price to retain us as your represented Realtor. If you choose to retain us to represent you, we will also handle all of the offer negotiations, inspection reports, legal paper work, buyer's financing follow up and the tracking of escrow for a successful close of escrow.

Note: Keep in mind that all websites operate differently, so not all inquires will go to your listing broker. In many cases (like Realtor.com) inquires are sent to agents that pay for buyer leads for certain zip codes, so those leads will not go to your listing broker. In other cases (like Trulia or Zillow) buyers can choose who will be receiving the inquiry. These situations are completely out of our control, and there is nothing your listing broker can do to prevent this.

If a buyer is not represented and they expresses that they wish to be represented by an agent to see your home, the listing broker may have the option to show your home. Although this rarely happens, it is possible that your listing agent may also be able to represent the buyer.

Can I cancel my listing on the MLS?

You can cancel your listing on the MLS at any time by providing your broker with written instructions to do so (assuming there is not a contract pending on the property).

There are no termination fees or other penalties in the event that you wish to cancel your listing on the MLS before the expiration date. However, no refunds will be provided after your property has been listed by your broker.

Is the listing fee refundable?

Once the listing process has been completed by the broker and you approve your property listing to upload to the MLS, you can request to cancel your listing on the MLS; however, the listing fee is non-refundable. 

Who do I contact with questions?

Contact your One Flat Fee Realty listing broker. We are your source for all questions regarding the selling your home and changes to your listing after your property has been listed.

We may also be your representing listing agent/consultant for the successful close of escrow for a nominal fee of 1.5% of the sales price.

Contact Us Online or call (949) 303-5905.

What is the MLS?

The MLS (Multiple Listing Service) is a cooperative listing service among licensed real estate agents and brokers. Members of the MLS input detailed information regarding properties available for sale into a database that is distributed to all licensed participants in the MLS. All members of the MLS have a right to show/sell an advertised property and are promised a commission should they present an offer that results in the successful sale of an advertised property. The vast majority of home sales are made through participation in the MLS.

Why is a Flat Fee service so cost effective?

With advances in technology, realty agents are able to do in one hour today, what would have taken ten times that five years ago. This has led to the advent of “Flat Fee MLS Listing”, with the resulting reduction in costs being passed on to you, the home owner. One Flat Fee Realty provides a professional flat fee listing services which can save you thousands of dollars on the sale of your home.

Do you list Rentals on the MLS?

Yes, One Flat Fee Realty can list your rental properties are on the MLS. The cost to list is the same. Simply, choose a Listing Package which suits you best.

Do you list Commercial properties?

Not at this time. You should consider hiring a traditional local broker who specializes in commercial properties. We are not aware of any “flat fee” commercial brokerages.

Do I need to pay any commission?

Yes, real estate agents do not work for free. To be listed in the MLS, you must offer a commission to the Buyer's Agent who represents the buyer (AKA the “cooperating broker” or “selling agent”). If a Buyer's Agent presents an offer and it goes to closing, you must pay the commission you offered on the MLS listing. The commission is paid directly by you to the buyer's brokerage firm at the close of escrow.

If you sell your home to a buyer that is not represented by a broker, then you pay no commission. 

However, if you would like your real estate broke at One Flat Fee Realty to provide you assistance with negotiating offers, interpreting inspection reports, following up with the buyer's financing, completing all the legal paper work and tracking the progress of escrow, One Flat Fee charges a nominal of 1.5% of the sales price. 

Do you provide assistance with offers?

If you would like your real estate broker at One Flat Fee Realty to provide you assistance in negotiating offers, interpreting inspection reports, following up with the buyer's financing, completing all the legal paper work and tracking the progress of escrow, One Flat Fee charges a nominal of 1.5% of the sales price. 

If no assistance with your offers are needed, our services are limited to listing the property on the MLS only. You provide the property information, photos and the completed listing agreement, and your One Flat Fee Realty broker will setup your MLS listing. Our only responsibility is to maintain your MLS listing.

However, we would love to assist you if needed. Just let us know.

Are you a licensed real estate broker?

Yes, One Flat Fee Realty is a licensed real estate broker in California only.