How Do "For Sale By Owners" Benefit from the MLS?

More Exposure! Many buyers use real estate agents, and these agents use the MLS database as their main tool to find homes for their buyers. You benefit from listing your home on the Maine Statewide MLS because you gain tremendous exposure to their potential buyers. Also, the Maine MLS uploads their database (including your listing) to Realtor.com – the largest public real estate web site in the world.

Keep Control and Save Money! Even when you are listed on the Maine Statewide MLS, Real Estate By Owner encourages the home owner to sell privately. When the buyer does not have a buyer's agent, then the seller's commission becomes even lower. Nearly half of our MLS listed properties sell without a buyer broker.

How Does It Work?

Let's go through both scenarios with the assumption that you are selling your home for $250,000.

Property for Sale:
$250,000
Cost To You Total Commissions
Traditional Real Estate Agent 6% Commission
(typically 5-10%)
$15,000
Statewide MLS Option
(Owners Realty)
$399 Upfront
+ 3% Commission
$7,899
$7,101 Savings!

This chart shows what you would typically pay in commissions for selling a $250,000 property using a traditional broker and using our Statewide MLS Option (Owners Realty).

In short: our Statewide MLS option would save you at least $7,101.

If there is no buyer's agent, you'd save $12,101.

With Real Estate By Owner,
You'll Know You Are In Good Hands Because: