A place for real estate commission
For some time now, the standard for real estate commission has remained at five to six percent of sale proceeds (split between selling and buying brokers). That can amount to a large amount of money during a housing boom. However, now there is an alternative to percentage based real estate commission: flat fee Multiple Listing Services (MLS) broker services. Flat fee MLS is a flat rate service by which a seller receives the benefits of professional brokerage services without having to pay a five or six percent real estate commission. The flat fee is a fraction of the amount of real estate commission for which a seller would be responsible should he choose to list his home with a full service broker.