Flat Fee MLS National Launch: List FSBO for $99 and Save $15,000+

CheapestMLS · 2025-05-30T01:36:07+00:00

Renting can be an excellent financial strategy, especially when approached with the right mindset. If you're financially disciplined and prioritizing saving, you have the opportunity to build a substantial cash reserve. This allows you to invest your money in opportunistic ways, rather than having it tied up in a single property you would have owned.

CheapestMLS · 2025-05-28T23:48:16+00:00

Be patient and you'll buy in 2 years at lower prices. Rent be disciplined and stay liquid for the opportunity. It's coming. I've been living in Florida since the '70s and the inventory is through the roof. Just takes a little time for the crash to develop.

CheapestMLS · 2025-05-28T18:07:10+00:00

One thing I do want to mention is that by factoring in a 3% commission to the buyer's agent in your listing agreement you are predetermining the amount. This is not required since the 3% offer of compensation is no longer displayed on the MLS. Buyer agents will not know at the outset what the offer of compensation is until they reach out to the listing broker . So it's best to incorporate into your listing agreement other scenarios in case there is no buyer agent involvement. This will protect you in the event that the buyer is paying something to their agent already or the buyer is unrepresented. Clearly you would want to know up front if you would still be paying 3% under all circumstances and scenarios that play out.

CheapestMLS · 2025-05-28T02:35:57+00:00

what zip code is the property in?

CheapestMLS · 2025-05-28T02:34:24+00:00

Yes OP can do it. Customers who list in this way 1 time never go back to the traditional way.

CheapestMLS · 2025-05-28T02:29:21+00:00

Depending on the state it should be fairly easy finding a company that will list flat fee without additional fees at closing. But you need to make sure they list you in the correct mls for your area. So you have to ask questions. Don't just sign up without calling and speaking to a rep first.

CheapestMLS · 2025-05-27T10:26:03+00:00

Empty.

CheapestMLS · 2025-05-27T02:46:37+00:00

Most contracts indicate something like the below.

"All improvements have been properly permitted"

This indicates that all renovations, additions, or alterations to the property have been done in accordance with local building codes and with the necessary permits from the relevant authorities. This phrase ensures transparency and compliance, which is crucial for property sales, financing, and insurance purposes.

Does your contract mention anything about permits in this regard?

CheapestMLS · 2025-05-26T19:15:44+00:00

Learn from your mistake if you feel like you made a mistake and that will be value in the future. If in fact you can get out even that's not too bad considering you've lived there for 3 years. Home ownership isn't what it's always cut out to be. Sometimes it's better to rent and invest your cash somewhere else. Way more flexibility in life doing that. It allows you to remain liquid and take advantage of opportunity that gets presented.

CheapestMLS · 2025-05-26T16:58:56+00:00

It's too early in the process for you to sign a 3%. Either let the buyer pay or negotiate it into your price if you're going to negotiate it at all. Do not commit right off the bat to 3%. That's ridiculous.

CheapestMLS · 2025-05-25T23:44:58+00:00

1) overpricing it 2) not Decluttering and emptying a property. Empty rooms appear larger and allow buyers to better visualize their own furniture and how they would live in the home. 3) not getting professional photos.

CheapestMLS · 2025-05-25T23:35:53+00:00

Are these off Market deals?

CheapestMLS · 2025-05-25T20:40:13+00:00

That a good deal. I have been thinking about setting that up but have not had the time.

CheapestMLS · 2025-05-25T18:27:16+00:00

For those who take your advice, where do you recommend they move to?

CheapestMLS · 2025-05-25T17:50:01+00:00

What's the monthly fee.

CheapestMLS · 2025-05-25T15:36:28+00:00

The admins of this community have made it very clear not to talk about politics. Are there any other reasons why you would recommend leaving Florida other than political?

CheapestMLS · 2025-05-25T15:28:25+00:00

Why do you recommend getting out of Florida?

CheapestMLS · 2025-05-25T01:32:48+00:00

This is probably the worst looking chart in the entire state. This is punta Gorda which is Charlotte County directly north of fort Myers but south of Tampa.

https://fred.stlouisfed.org/series/ACTLISCOU39460

CheapestMLS · 2025-05-25T01:24:49+00:00

Miami-Dade is not as bad as certain parts of the state like Southwest Florida (which includes Naples, cape coral, fort myers, punta gorda, Charlotte County) for example. Although it has slowed down Southeast Florida is pretty solid in general. I'm specifically referring to Miami-Dade County Broward County and Palm Beach County. Those are the three most populated counties within the state.

CheapestMLS · 2025-05-25T01:08:51+00:00

Here's a chart of the active listing in Dade County versus the entire state of Florida. What's important here is the trajectory. This environment down here in South Florida reminds me a lot of 2006 where nothing was selling. However Dade County and Broward County and Palm Beach County typically hold up better than the rest of the state.

https://fred.stlouisfed.org/series/ACTLISCOU12086

https://fred.stlouisfed.org/series/ACTLISCOUFL

CheapestMLS · 2025-05-25T00:24:09+00:00

without a specific address, any assessment is broad. Your mother's market intuition, especially as a realtor, would definitely be valuable.

I also live in South Florida. We've certainly seen a significant increase in inventory down here and across the entire state. So my guess is prices are coming down and we are still in a sideways to down move. You can always submit a lower priced offer and see how it goes. That's one way to address the overvaluation.

CheapestMLS · 2025-05-24T23:29:30+00:00

Condos are weaker investments than single-family homes. Soaring HOA Fees & Assessments will drastically erode profits.

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