How a Flat Fee Listing process work
Discover why thousand of sellers are choosing the benefits of
the Multiple Listing Service (MLS) for a flat fee. Save thousands of dollars in real
estate commission while your home is still exposed to all REALTORS®.
With the accessibility of the MLS listing on various web sites,
survey shows that 90% of buyers start looking for properties on the internet. Thus
the average listing agents have little more to offer than what Flat Fee brokers are
offering, but they collect a sizable amount of commission when the home is sold.
We at Savvy Lane developed a program to offer you most of
the same services that a full commission agent would offer for the fraction of the
price. You have complete control over how much you will spend throughout the selling
process. And, you retain the right to sell your home on your own.
Submit your listing in ONE EASY STEP using our safe and secure
Personal Home Page
is included with ALL of our Packages, as soon as you finish
entering your listing you will have instant access to your page. Share
it on social media, use it to advertise your home on the internet, and
with our Extended, Full and Premium Packages add virtual tour, video and
open house information. Your name and phone number are displayed on the
top of your Personal Home Page so potential buyers can contact you
All of our packages include internet exposure on all
MLS affiliated sites including REALTOR.com® plus Redfin, Windermere, John L.
Scott, Coldwell Banker, Re/Max, and many others. All properties that are
listed on the MLS will be instantly displayed on local and national real
estate websites. The MLS allows a direct data feed to the websites of
all member offices and agents.
Here are a few answers to your questions, if you need more information or
clarification, please feel free to contact us by phone at 800-915-9174 or Email.
What happens after I
My home was listed with a broker,
can I use your services?
What is the MLS?
What telephone number will people
call for a showing?
Do I need to come to your office
to list my home?
Do I need a key box?
Can I send my own photos to be
displayed with my listing?
Will my listing look the same as
Can I make changes to my
Who will be the main contact
person after my home is listed?
Can I ask a buyer if they are
approved for a mortgage?
Will agents show my listing if I
am not paying the full 6% commission?
Do I have to pay a buyer’s agent
If my home sale does not
successfully close, would I have to pay the buyer’s agent commission?
Are there any additional
What is the listing period and can
I cancel at any time?
How do I get started with your
Flat Fee Listing program?
Is the yard sign
Can I list my home with you for a
full service listing?
What happens after I
See our Seller’s
Checklist and our Terms and
Conditions for more detailed information.
My home was listed with
a broker, can I use your services?
YES. If your property is listed with a broker it is not our intention to solicit
that listing. However, it is your right not to extend the listing when expired or to
cancel your listing at any time. According to the Code of Ethics and Standards of
Practice 16-8 of the NATIONAL ASSOCIATION OF REALTORS®: "The fact that an exclusive
agreement has been entered into with a REALTOR® shall not preclude or inhibit any
other REALTOR® from entering into a similar agreement after the expiration of the
What is the MLS?
The MLS – Multiple Listing Service – is a broker owned fee based service to
licensed members to input listings for sellers and search listings for buyers. The
MLS is the primary tool agents use to find a property when they have a buyer, it is
used by all agents whether it is a traditional listing or a Flat Fee listing. The
buyer's office commission amount offered is required by the MLS along with the
detailed information about the home including pictures. Your advantage is the
increased exposure to buyers. Our average flat fee customers save over $10,000. In
recent years the MLS has made their data available to many local and national real
estate internet sites. By listing your property on the MLS you will gain this
increased exposure which is accessible to everyone who is in the market to buy a
What telephone number
will people call for a showing?
You will be contacted directly by all buyers and agents with buyers who would
be interested in seeing your home. The MLS requires to show our office information,
but agents will be instructed to call you before they show your property. If agents
or buyers contact us, they will be referred to you. According to MLS public websites
are not permitted to show the owner’s name or phone number. This MLS rule applies to
all companies that are members of the MLS.
Do I need to come to
your office to list my home?
NO. Our services are set up to maximize your convenience. The necessary
paperwork can be filled out online, emailed, faxed, or mailed both ways so there is
no travel, appointment, or time-consuming meetings necessary to get listed. The
sign, lock box, and/or other supplies are generally sent out the next day from our
Do I need a key
The MLS requires the use of a key box, unless you decline. We highly
recommend that you use an electronic key box. This
makes it easy and convenient for agents to
show your home at any time. We have key boxes available for rental. Please return
the key box within a week after your property is sold or cancelled. In order to
minimize the risk of misuse of the key box we recommend against the use of key boxes
on door handles that can be unscrewed from the outside or on other parts of the home
from which the key box can be easily removed. As agents will have access to your
property you should remove all valuables or put them in a secure place. Savvy Lane,
is not responsible for any valuables lost.
Can I send my own
photos to be displayed with my listing?
YES. You have a choice of taking your own photos and submitting it to us, or
you can hire a photographer. We recommend that you choose up to 15 good images and
save it to a folder, once you ready to list your home you can upload your pictures,
we can then display it on the MLS and all other websites. Please note, the Basic $95
package includes one photo, and the Extended $295 Package includes eight photo
uploads to the MLS. When selecting your photos, keep in mind that having a current
photo is important, especially in season. All web sites will display your home
information including the photos to the general public, prospective buyers will get
the first impression by this presentation. Take photos with a wide angle lens. All
photos must must be of your property. The main photo must be the exterior of your
home. Other photos may include front and back yard, kitchen, living, dining, family
and bedrooms, and any views from YOUR property if applicable. For more see our Home Selling Tips.
Will my listing look
the same as other listings?
YES. Your listing will be identical to the listings of competing real estate
companies. It will show all photos and all listing information, including the
commission offered to an agent who successfully sells the home, and instructions for
showing the home.
Can I make changes to
YES. You can make changes online, log on to My Account, or email your
changes after reviewing the
listing - there is no charge for corrections. You will be assigned a Listing Number
and you can reference this number to agents to identify your listing. You can have
several changes to your listing like price without extra charges with the Premium
$895, Full $495 and Extended $295 packages, changes with our Basic $95 package is
extra. You must fill out and sign the Change Request form. Our service include free
status changes (Pending Sale–Subject To Inspection; Pending–Accepting Back up
Offers; Pending; Sale Failed–Back On Market; and Sold.) Your changes will appear
within 1-2 days on the MLS.
Who will be the main
contact person after my home is listed?
Our broker and our staff will be your contact once you are listed. We are
licensed brokers and members of the MLS. We are committed and focused on helping you
sell your home for a flat fee with the least amount of hassle and inconvenience.
Can I ask a buyer if
they are approved for a mortgage?
YES. Before you agree to show your home to a buyer you should know if they
are in a position to buy your home. In today’s tight credit market all buyers should
be pre approved for a mortgage before they begin looking at homes. Requiring a pre
approval letter lets you know whether the buyer is qualified to buy your home and it
will make the purchase process much simpler. The buyer should present a pre approval
letter on the letterhead of a mortgage lender and signed by a loan officer. If the
buyer does not have such a letter, you should not accept the offer until they have
obtained one. Many lenders can provide these letters to a buyer within a day after
the buyer completes the application and submits the required paperwork.
Will agents show my
listing if I am not paying the full 6% commission?
YES. Agents want to find a home that meets their buyers needs as quickly as
possible, as long as they get paid a competitive commission. The MLS listing does
not show how much you are paying to list your home, only what you are offering to
pay the agent who brings the buyer.
Do I have to pay a
buyer’s agent commission?
YES. To list your property in the MLS you must be willing to offer a buyer’s
agent commission. This is a requirement, no matter what company you use. However the
commission is negotiable it can be a flat dollar amount or a percentage of the sale
price, payable only when you accept the offer and your property is sold by an agent.
Through our listing program, you retain the right to sell on your own. If you find
your own buyer than you do not owe a commission.
If my home sale does
not successfully close, would I have to pay the buyer agent commission?
NO. The commission is only paid if the buyer actually purchases the property
and the closing is successful. If your buyer is unable to complete the transaction,
you do not owe the buyer’s agent a commission.
Are there any
NO. All of the fees we charge are listed on our web site. For the Listing
Tools the shipping costs are included and there are no additional or hidden fees. We
do not charge any other fees for the sale of your home. WA sales tax applies where
What is the listing
period and can I cancel at any time?
The Basic $95 Package’s listing period is 3 month, the Extended $295 Package
is 6 month, and the listing period is up to 12 months for the Full $495 and Premium
$895 Packages. If you wish to renew your Full listing before the expiration date you
may relist for only $295. Premium listing time is unlimited, MLS will require a
renewal after one year, the fee will be $1.00. There is no discount to renew for the
Basic and the Extended packages, they are $95 and $295 respectively. If you renew
your listing after the expiration date the listing fee will be full price. You can
cancel at anytime, there is no cancelation fee or refund. You must fill out and sign
a cancellation form, your listing will be removed from the MLS within 1-2 days.
How do I get started
with your Flat Fee Listing program?
Our services are simple, please fill out our online form, go to List My Home, it
will take about 20-30
minutes. Select the additional Listing Tools, than submit your order with payment. If you
have questions or need help filling out these forms, please call our office. Once
the documents and your photographs are submitted to us, your property will be listed
in the MLS the same day if received by 1:00 P.M. If we receive your documents and
photographs after 1:00 P.M. or on the weekend, your property will be posted the next
business day. All other websites, including REALTOR.com® will post your listing
within 4-5 business days. Changes to an MLS listing are handled in the same fashion.
Please refer to the Seller’s
Checklist for more instructions. Once all the paperwork is signed and
payment is received, we upload your property information into the MLS. You will
receive a confirmation email once your property has been posted on the MLS.
Is the yard sign
YES. The yard sign is included in the Premium $895 and Full $495 Packages,
with the Extended $295 and the Basic $95 package this service is optional. The yard sign with
a flyer box will be posted on your property within 5-7 business days. Once
you have completed your listing, uploaded your pictures, and received your MLS
number, you can immediately generate a PDF listing flyer. You can print it at your convenience, your
flyer box will never run out of flyers. You may choose to purchase any listing tools
at any time, including a lock box please log in to My Account to order and it
will be shipped the next business
Can I list my home with
you for a traditional service listing?
YES. If you are still unsure and feel the need to be represented by a
traditional agent, our traditional real estate program is designed to help owners
like you. We will take all the guess work out of the home selling process by putting
you in contact with one of our qualified real estate agent who can help you
affective market and sell your home. Our traditional service commission fee is 6% of
the total selling price of your property.
Your satisfaction is our #1 priority!
If you have any other questions More More About Our Services, please contact
We are here to help!
Contact us by phone 800-915-9174 or Email with your
We are dedicated to offer professional services to
effectively help you sell your home, but most
importantly maximize your equity.