Kentucky Flat Fee MLS FAQS
Here is a collection of Kentucky Flat Fee MLS FAQs frequently asked questions that I have put together to help you in listing a home fsbo. If you have any other questions, not listed here, feel free to call or send an e-mail.
By clicking on any of the questions below, you may view the answer.
About Kentucky Flat Fee MLS
What is Kentucky Flat Fee MLS?
A Kentucky flat fee MLS listing puts your home on the Multiple Listing Service (MLS) for a flat fee up front instead of paying traditional real estate commission. This is a service where Kentucky for sale by owner home sellers can get the exact same online exposure as an agent-listed home without giving up thousands of dollars in equity to a traditional listing agent.
How does a Flat Fee MLS listing work?
A Kentucky Flat Fee MLS listing places your home on the appropriate Kentucky MLS for a one-time flat fee instead of paying a traditional listing commission. Your property is entered into the MLS serving your area, giving it exposure on Zillow, Realtor.com, Homes.com, and hundreds of other real estate websites. Whether you’re selling in Louisville, Lexington, Northern Kentucky, Bowling Green, or elsewhere in the state, a Flat Fee MLS listing can help get your home in front of buyers while keeping your listing costs low.
Why use a Flat Fee MLS service?
A flat fee MLS listing service is an ideal upgrade to a for sale by owner home seller who would like to sell faster and who is not getting the exposure they need to receive multiple offers. There are resources for FSBO’s such as Zillow, but Zillow alone and other classified type websites do not provide as much exposure nor bring in as many offers as an MLS listing.
How is this different from hiring a Traditional real estate agent?
With a traditional listing agent you pay 2.5-3% of your sale price (often $9,000-$20,000+ depending on your home price) for them to list your property on the MLS and handle showings and negotiations. But the reality is that most listing agents simply put your home on the MLS and wait for buyer’s agents to bring offers to present to you. With our service you get the same MLS exposure for a flat fee, then you handle showings and negotiations yourself. You’re still in full control and you choose what compensation you’d like to offer a buyer’s agent that brings in offers.
What types of properties can be listed on the MLS?
You may list many types of real estate:
Single family homes, Condos, Town homes, Commercial properties, multi family homes, apartment buildings, Vacant land, lots, Farms, Rentals and Manufactured Homes.
Do I need the MLS and REALTORS® to sell my property in Kentucky?
The answer is NO! FOR SALE BY OWNERS have always sold their own properties. However, there are many sound reasons and major marketing advantages to listing your property BY OWNER, FSBO on The MLS. Statistics show that more than 90% of the homes sold last year were advertised with the MLS and Realtor.com. This allows you maximum exposure for your Kentucky property resulting in a much faster sale.
Are there differences in flat fee MLS listing services?
The flat fee MLS listing service industry packages differ in structure. Review the plan requirements; check for processing fees and closing expenses. Look up a website’s reviews to get an idea of their customer service. We are transparent and we always answer the phone every time. In-house support, not an out of the country call center.
How does the MLS help sell my property?
Listing a property on The MLS notifies all agents that your property is for sale. Over 80% of buyers are represented by agents’ you must connect with them to get the maximum number of offers. The best way to connect with 80% of potential buyers is by listing on The MLS.
In addition to the MLS, a Kentucky flat fee MLS listing syndicates your property to hundreds of other real estate websites where potential home buyers could be searching directly.
The fact is that most seller’s agents do not look for buyers; they simply list a property on The MLS and then speak with buyer’s agents who find the property listed there. You can do the exact same thing and not owe a seller’s agent a large percent of your sale price saving you thousands in commission! Please Call 800-699-4480 if you have more questions. We are happy to explain the process step by step.
Your MLS Listing
Which Kentucky MLS will my home be listed on?
This depends on where your property is located. We cover every MLS in Kentucky, including MLS systems that overlap counties. If you’d like to inquire about listing in 2 MLS’ please contact us and we can discuss your property’s location: 800-699-4480
Will my listing appear on Zillow?
Yes, all of our Kentucky flat fee MLS listing options include syndication to major websites, including Zillow, Homes.com, Redfin, Realtor.com, Trulia, Re/Max and many more.
Will buyer agents still show my home?
Yes, absolutely. Every real estate agent in Kentucky searches the MLS to find homes for their buyers. Your listing appears the same as any traditional listing – there’s no flag or indicator that you’re using a flat fee service. Agents and buyers see a professional listing with all the standard features. If you choose to offer buyer agent compensation, you’ll typically get just as many showings as any traditionally listed home.
How long will my listing remain active?
Our Bronze, Silver and Gold MLS listing options are 6 month listing plans. Listing extensions/renewals are also available at a discounted rate.
Can I make changes to my listing?
Yes, unlimited MLS changes are included in all Kentucky flat fee MLS listing packages. Need to adjust your price? Want to add better photos? Update your description? Just reach out to your listing broker and the changes to your MLS listing will be made right away. There are no charges for updates and you can request as many changes as you need.
How many photos can I include?
We offer 6 – 50 MLS Photos with our Solid Gold Package.
For more information about the MLS please call us at 800-699-4480.
12 Month Listing Packages Also Available. Please Contact Us For A Quote.
How much does it cost?
We offer four MLS listing packages:
Bronze Package – $299: 6 months on the MLS with 6 pictures and maximum syndication to all major real estate sites.
Silver Package – $369: 6 months on the MLS with 25 pictures and maximum syndication to all major real estate sites.
Gold Package – $389: 6 months on the MLS with up to 50 or MAX MLS pictures (pictures help sell homes).
Also, please inquire about our ZERO DOWN MLS listing option. Get your home on the MLS for $0 up front.
Please give us a call for more exclusive details: 800-699-4480
Can I cancel my MLS listing?
Yes, as long as your property has not already been listed on the MLS you may cancel your order at anytime by simply CALLING customer service at 800-699-4480.
Selling Your Home
Do I need to offer a buyer-agent commission?
No, you’re not required to offer any commission. However, many sellers choose to provide 2.5-3% to buyer’s agents because over 80% of home buyers work with agents, and offering compensation typically brings more showings and offers. You decide what works for your situation, and you negotiate the buyer agent compensation directly when offers come in. If a buyer contacts you directly without an agent, you pay nothing extra.
Who handles buyer inquiries?
Buyers and buyer’s agents will call or email you directly to schedule showings. Your contact information is in the MLS agent remark’s section of the listing. You will handle all buyer inquiries, you are in control.
Who schedules showings?
Buyers and buyer’s agents will contact you directly to schedule showings at your convenience. You are in control!
Who negotiates offers?
You are in control and remain actively involved in reviewing offers and negotiating the terms you want for your property sale. You decide the price and terms you would like to accept.
Do I need to be available for showings?
You schedule your own showings around your availability.
Which Kentucky disclosure forms do I need to sell my home for sale by owner?
Selling a home for sale by owner (FSBO) in Kentucky requires a KREC Form 402 (Seller’s Disclosure of Property Condition), a Lead-Based Paint Disclosure form (if your home was built before1978), Purchase and Sale Agreement. Everything you need to sell your home and comply with Kentucky law will be provided to you with your flat fee MLS listing through kentuckymlsflatfee.com.
Kentucky MLS Coverage
Do you cover my county in Kentucky?
Yes, we cover all 120 counties in Kentucky with our flat fee MLS listing service. If you have questions or concerns about your home’s MLS coverage please call us: 800-699-4480
How many Kentucky homes have you had listed on the MLS?
We have helped hundreds of families save thousands of dollars by selling their homes through our Kentucky flat fee MLS service. Many of our clients are repeat customers who have used us multiple times, and many come from referrals by satisfied sellers. Check out our reviews to see what real Kentucky homeowners have to say about their experience with us. We have been serving Kentucky for over 15 years and we are proud to help save hard working families thousands of dollars.
Do you cover Louisville KY?
Yes, your property will be listed in the Greater Louisville Association of REALTORS® MLS through our flat fee MLS listing service.
Do you cover Lexington KY?
Yes, your property will be listed in the Lexington Bluegrass Association of REALTORS® MLS through our flat fee MLS listing service.
Do you cover Bowling Green KY?
Yes, your property will be listed in the REALTOR® Association of Southern Kentucky (RASK) MLS through our flat fee MLS listing service.
Kentucky MLS Questions
What Is Imagine MLS?
Imagine MLS is a Multiple Listing Service serving Lexington, Central Kentucky, and expanding areas of Western Kentucky.
Learn more about Imagine MLS
What is APEX MLS?
APEX MLS is a Multiple Listing Service serving Louisville and the surrounding Greater Louisville region of Kentucky.
Learn more about APEX MLS
What is Northern Kentucky MLS?
Northern Kentucky MLS serves real estate professionals and property listings throughout Northern Kentucky, including the communities surrounding Covington and Florence.
Learn more about Northern Kentucky MLS
Fees and Getting Started
What does the flat fee include?
With our Bronze, Silver and Gold packages, you get a 6 Month Kentucky Flat Fee MLS listing which includes Realtor.com and syndicated to hundreds of other local and national websites. Depending on the package you get either 6 or 50 photos. You also receive all the required state selling and disclosure forms. Included with your listing is also unlimited support, we’re here to help!
How quickly can my listing go live?
After signing up with KentuckyMLSflatfee.com, your property will generally be listed on the MLS and Realtor.com within 24-48 Hours (or 1-2 business days) after you complete all required forms and provide your photos. Zillow, Homes.com and the hundreds of other sites could also be at that same time but it depends on whenever they refresh their feeds and pull in the new data. Most sellers see their listing go live within one business day.
Why choose us?
QUALITY, INTEGRITY, CUSTOMER SERVICE, TRUST!
We're here to help!
Call us at 800-699-4480 during business hours, or you can also email us here. We have over a decade of experience with Kentucky flat fee MLS listing and are passionate about helping homeowners save money. We’ll answer all your questions honestly and help you decide if flat fee MLS is right for you.
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