How to Get For Sale by Owner on MLS

A multiple listing service (MLS) is the most common way a real estate agent advertises homes for sale. An MLS-listed home usually receives more exposure than a home listed for sale by owner in a local newspaper. Many prospective home buyers search through MLS-listed homes before contacting a real estate agent or while working with one. Only state licensed real estate agents can place listings on MLS, but if you do not have enough equity in your home to hire a real estate agent to sell your home, you can still gain an MLS listing.

Things You'll Need

• Computer with Internet connection
• Credit card

Instructions

1. Log on to the Internet and run a Google search for "flat fee MLS." The search will provide a list of online companies that provide an MLS listing for a flat fee.

2. View several websites for information on the type of listing provided, the cost of the listing and the terms of service. Other things to consider that might be available for an additional cost are other advertising alternatives, additional photos added to the listing, the length of the listing, consultations with real estate agents and appraisal services.

3. Compare the listing cost and services provided and select the listing service that will best suit your needs.

4. Fill out your personal and contact information in the company's online form and pay for your listing service.

5. Follow the instructions from the listing service as to the type and format of the information required to properly list your home.

Tips & Warnings

• If you have the additional funds, it is best to pay for a comparative analysis in order to properly price your home for sale.

• Set your asking price above what you need to actually sell the home for in order to leave some room for negotiation.

References

• Buy-and-Sell-House-Fast: Sell a House Without a Realtor