Frequently Asked Questions

 

Q. Is a Flat-Fee MLS listing right for me?
A. If you want maximum exposure through the MLS for minimum cost, then yes, a Flat-Fee MLS listing could be right for you.You also need to be prepared to take on some listing tasks such as showing your house and answering questions about it.

Q. How does a Flat-Fee MLS listing work?

Instead of paying a higher commission at the end of the sale, you will pay us an up-front fee (starting as low as $395). If you find the buyer, you owe no additional commission. If another real estate agent brings the buyer, you will need to pay that agent whatever commission we set up at the time of the listing (2-3% is popular).

Q. How much can I save by selling with a Flat-Fee MLS listing?

A. That depends on who buys the house and whether they are using their own agent or not. As compared to an arbitrary commission rate of 6%, our sellers often save anywhere from $3,000 up to and over $20,000 in real estate commissions.

Q. What if a Flat-Fee MLS listing isn't right for me?

A. We can still provide you with excellent services at prices lower than you are likely to find anywhere else.

Q. How come I've never heard of Discount Realty Works?
A. Probably because we don't spend a lot of time or money promoting the company. We don't do mass-market advertising like billboards or big ads in newspapers or monthly home magazines. We keep costs low to pass savings on to clients. But make no mistake, this is not a fly-by-night operation. Discount Realty Works is a proud member of both the Better Business Bureau and the Eau Claire Chamber of Commerce. We have been in business since 2005.

Q. What kind of services does Discount Realty Works provide?

A. We provide a range of services from flat-fee MLS listings to full-service real estate and buyer agency services. Whether you are buying or selling, we have ways for you to save thousands of dollars in commission costs.

Q. Is the owner a licensed real estate broker?
A. Yes. Being a Wisconsin licensed real estate broker is the only way to list property for sale in the MLS.

Q. What do I get when I list with Discount Realty Works?
A. That depends on the level of service you want to have. We can have as much or as little involvement in your sale as you choose. Use our handy What Type of Seller Are You page to help match your needs with our listing packages.


Q. How much does it cost?

A. Basic Flat-Fee MLS listings in our home area are $395 for a term of 6 months. Additional options such as listing in the Twin Cities MLS and open house advertising are also available.

Q. How long does it take for my listing to be active?

A. MLS listings are usually activated in the MLS within a day ot two of the walk-through.

Q. How long will my listing remain active?
A. The standard listing term is 6 months.

Q. Who owns the signs?
A. The signs are the property of Discount Realty Works LLC.

Q. How much is the renewal fee for Flat-Fee MLS listings?
A. $150 for an additional 6 months.

Q. How long does it take to complete the MLS listing paperwork and walk-through?
A. Usually between 1 and 2 hours.

Q. What's the deal with the lockbox?
A. When other agents show your home, they expect it to be vacant. Lockboxes are an efficient and secure means for agents to show your home while you are not home. Without one, you would need to leave the house unlocked or meet the agent before and after the appointment to unlock and lock the house.

Q. How will agents contact me regarding showing appointments?
A. We recommend letting agents show your home through the path of least resistance -- Let agents set appointments online via bookashowing.com, then let agents enter the home via a key in the lockbox.

Q. What is Bookashowing.com?
A. Bookashowing.com is an online appointment scheduling service that connects to our MLS database. It allows agents to set up appointments online. As a seller, it means you will receive showing requests via email and/or text message and NOT by phone call. We have noticed that sellers' homes that are not set up on the bookashowing system tend to get fewer showings.

Q. Can I get feedback from showings?
A. Yes, feedback from potential buyers will be emailed to you a day or so after the showing.