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Flat Fee MLS FAQs


1) Are there any other fees?
2) Will Agent Show and Sell my home even though I paid for a Flat Fee Listing?
3) Will you conduct open houses?
4) Can I use a lockbox?
5)
What type of properties can be listed and what areas do you serve?
6)
Will my property be listed on other partner/bonus sites on the internet?
7) Do I or Boston Entry Only have control over all partner/bonus listing information?
8) How long is the listing period?
9) Should I hire an attorney?
10) How much commission is offered a buyers broker and who sets?
11) How long will it take for my property to be listed on the MLS?
12) Can I use a "For Sale By Owner" sign while listed on the MLS?
13) If the Listing Agent sells my home will I still owe a commission?
14) If I find my own buyer, will I still have to pay a selling commission?
15) How will people get a hold of me to see my property?
16)
How do I post open house announcement to the MLS?

17) Are electronic signatures legal?
18) Can I review your listing agreement before signing up?
19) Can I cancel my Flat Fee Listing at anytime?
20) Who will do all of the paperwork, negotiate offers, contracts, hold escrow, and make arrangements for showings?

21) I've submitted changes online. How come I can see the changes on BostonEntryOnly.com "Preview Listing" under my control panel but not on Boston Entry Only MLS homes search and other websites?
22) I have called your company and it seems I constantly get the answering machine, what is the deal?
23)
How do I submit more than 20 photos on the MLS?
24) How come the photo(s) is not updated on the Boston Entry Only MLS Homes Search and other websites after changing it on BostonEntryOnly.com?
25) Can you activate my listing on the MLS, email me a copy, before I pay?




1) Are there any other fees?

There are no hidden fees with The Empire Realty d/b/a Boston Entry Only. Everything is clearly outlined on our website and in your Boston Entry Only MLS listing agreement. You pay only for the services you want. Many other services out there have some type of back end commission at closing to the listing broker. We do not.
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2) Will Agent Show and Sell my home even though I paid for a Flat Fee Listing?
Yes. Your MLS Flat Fee Listing will look exactly the same as any other listing. There is no way to tell how much you paid to get on the MLS. Regardless of whom you listed with or what you paid, your listing will look no different from any other listing in form and style. The MLS listing fee is not shown. The listing brokers name appears on the MLS. Our flat fee listing method gets your property on the same MLS used by your local brokers. Your listing will appear the same as all other MLS property listings.
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3) Will you conduct open houses?
You may hold an open house of your own if you so desire. However, we do not conduct open houses when using our flat fee listing program.
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4) Can I use a lockbox?
Yes, we do not supply them, nor do we recommend them for safety reasons and are not to be held liable for any unexpected incidents that it may cause. Lock boxes are to be used at your own discretion. Lock boxes can also be purchased at most local Home Depot, Lowes, and Hardware Stores.
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5) What type of properties can be listed and what areas do you serve?
We list Single, Multi-Family, Condo, Land, Business, Commercial, Rental or Mobile property in the state of Massachusetts.
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6) Will my property be listed on other partner/bonus sites on the internet?
Yes. Your property will be listed on Realtor.com, Boston.com, MSN.com, Yahoo.com, Homefind.com, Homes.com, Redfin.com, MassLive, Eagle Tribune, and numerous other high traffic real estate websites. Your fee to the The Empire Realty d/b/a Boston Entry Only listing service is for publishing to the MLS only. Any other site is purely a bonus, subject to change without prior notice.
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7) Do I or Boston Entry Only have control over all partner/bonus listing information?
No. The MLS arranges required information according each of the sites that its synchronizes with such partner/bonus sites. Most fields are not transferred to public sites; only the most basic information will be displayed.
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8) How long is the listing period?
Our contract is for 6 month. If not sold within this time frame your listing can be renew for a small fee.
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9) Should I hire an attorney?
Yes. Please remember that The Empire Realty d/b/a Boston Entry Only does not offer legal advice. We recommend that you hire an attorney earlier in the home selling process rather than later or not at all. Since most people hire an attorney to review their sale contract, hold escrow deposit, draft purchase and sale agreement, and handle their closing, it makes sense to seek legal advice right from the start. Click here to contact an attorney.
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10) How much commission is offered a buyers broker and who sets?
The seller sets the commission. It is most common to see commission offered between 2 and 3%. We have not had a lot of success at selling homes with a commission rate of less than 2%.
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11) How long will it take for my property to be listed on the MLS?
Normally your property will be listed on the MLS within 12 hours after we have received all necessary paperwork from you. 1. Sign up and submit payment online 2. Submit Agency Disclosure/Listing Agreement 3. Fill out the MLS Listing Input Form that best describes your property type.
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12) Can I use a "For Sale By Owner" sign while listed on the MLS?

No. According to MLS regulations you may not post a "For Sale by Owner" or words include "By Owner" sign in your property.
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13) If the Listing Agent sells my home will I still owe a commission?

Yes, but you still pay 50% less commission. Typically about 2-2.5% If the Listing Broker has a buyer for your home, he/she will also become the selling agent and be entitled to the selling side of the commission. Regardless of which agent sells your property, you still pay no listing commission and only pay 2-2.5% to the broker who was the procuring cause of the sale.
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14) If I find my own buyer, will I still have to pay a selling commission?
No. If you find a buyer for your home with no Agent being the procuring source, there is no commission to pay.
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15) How will people get a hold of me to see my property?
All agents will be instructed to call you direclty under the special showings instructions in the official MLS listing. Under MLS rules 3rd party sites such as Boston.com, Zillow.com, Redfin.com... can only display our office number. When our office received any inquiries we will forward them to you directly.
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16) How do I post open house announcement to the MLS?
Open house information may be added to the MLS listing at no charge. Deadline for entering open house is every Wednesday by 11:59PM. Any changes after the deadline must contact us directly via email. Open house can be added at http://www.BostonEntryOnly.com (using your user name and password), under Seller Tools, click on Schedule/View Open House.
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17) Are electronic signatures legal?
The Electronic Signatures in Global and National Commerce Act (“E-Signature Act”) became effective in the US on October 1, 2000 deeming online electronic signatures on commercial transactions and most other agreements have a legal status equivalent to a written signature.
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18) Can I review your listing agreement before signing up?
Yes, Click on "List Your Home" and go to Step 2 to view listing agreement. Please be patience for the documents to load.
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19) Can I cancel my Flat Fee Listing at anytime?
Yes, You can cancel your listing at any time for any reason with no penalty or cancellation fees.
Is there really a benefit to listing with a traditional high-commission broker? Not really, please keep in mind both brokers in all likelihood will list your property on the same MLS system, so your listing will end up in the same place if you re-ist your property with a more Traditional Real Estate Agent charging you higher commissions. Of course, there are no refunds once your property is listed in the Multiple Listing Service.
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20) Who will do all of the paperwork, negotiate offers, contracts, hold escrow, and make arrangements for showings?
You will be responsible. For the paperwork and escrow on the sale of your home; it is recommended that you use the service of a local real estate attorney.
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21) I've submitted changes online. How come I can see the changes on BostonEntryOnly.com "Preview Listing" under my control panel but not on Boston Entry Only MLS Home Search and other websites?
BostonEntryOnly.com website does not automatically sync data onto the MLS. We manually update all changes on the MLS system as requested. It may take up to 24 hours for your changes to take effect on realtor websites. Price, Commission, Status Change revisions must be requested using our MLS changes online form, electronically signed by seller.
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22) I have called your company and it seems I constantly get the answering machine, what is the deal?
We are probably helping other customers or have stepped away. Please do not hang up and call back hoping to catch us. Simply leave a message, we will return your call. We usually return our calls within 3 hours.
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23) How do I submit more than 20 photos on the MLS?
Contact us and we'll upgrade your account to 30 photos.
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24) How come the photo(s) is not updated on the Boston Entry Only MLS Homes Seach and other websites after changing it on BostonEntryOnly.com?
BostonEntryOnly.com website does not automatically sync data onto the MLS. We manually upload digital photos onto the MLS. If you made changes to your photos please email us at photos@BostonEntryOnly.com. It may take up to 24 hours for your changes to take effect on realtor websites.
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25) Can you activate my listing on the MLS, email me a copy, before I pay?
Yes, at "List Your Home" skip Steps 1 & 2 and just submit Step 3 (MLS Listing Input Form) that best describes your property. Your active MLS listing will be cancelled if Steps 1 & 2 are not completed within 48 hours of activation. We recommend sending one property photo at photos@BostonEntryOnly.com to enhanced your listing.
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New Year Realty
Ph: 617-913-1460  -  Fax: 617-848-2600
109 Mountain Ave #244
Malden, MA 02148
License # 9504152
www.BostonEntryOnly.com


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