iFlatFee

How does it work?



Why being listed in MLS is so important

  1. MLS stands for "Multiple Listing Service", and is "the real estate market".
  2. Over 90% of all properties sold in the Canada are as a result of MLS listing exposure.
  3. Being listed in MLS means all the local Realtors can find your home in their MLS database.
  4. Buyers can find your home on thousands of public MLS websites, where they are most likely to be searching for a home.
  5. MLS listed properties (for sale by owner or not) sell faster and for more money than non-MLS listed "for sale by owner" properties.


Why a Flat Fee MLS Listing is better than listing with a 5% Realtor

  1. You get the same MLS listing in the same local MLS for a one-time low Flat Fee instead of 5%.
  2. If you sell your home without a buyer's agent involved, there is zero commission.

Why you need a Realtor to list your home in MLS

Only a licensed real estate broker who belongs to the MLS and pays the MLS dues and fees is able to list a property. An individual can't simply post an "ad" in MLS, like placing an ad in a newspaper. The real estate broker is also responsible for the accuracy of the listing, and keeping it current. For example, the broker can lose his MLS membership or pay heavy fines if a property is under contract or sold, but still listed as "Active" in MLS. When you list with us, a licensed broker who belongs to the MLS where your property is located will be assigned to your listing.

“Flat Fee” MLS services vs. FSBO, which is the better choice?

Every MLS restricts FSBO homes from being included within their database. They do this for two (2) reasons:

  1. a MLS member (a realtor or a real estate brokerage company) is not representing a FSBO seller
  2. a FSBO seller does not offer cooperating agent compensation (commission) to a broker, who represents a buyer (Buyer’s Broker)

Realtor.ca restricts FSBO homes from being included within their database for the same reasons.

6 Easy Steps to List Your Property

  1. Email us up to 10 photos of your property, JPEG 640 x 480 formats.
  2. Proof of ownership:
    1. Email or fax us a copy of property deed or the most recent tax bill .
    2. Email or fax us a copy of a valid photo ID, notarized by a lawyer.
    3. Local clients in the GTA could bring a copy of property deed or the most recent tax bill in person to our office along with a photo ID.
  3. Choose one of the MLS packages (MLS Only, Silver,…)
  4. Choose you payment option and proceed with the payment.
  5. Upon receipt of the information and confirmation of the services required, we will send you a MLS listing agreements by fax or email, for you to fill out, sign and send them back to us.
  6. Your listing will be processed within 48 hours of the receipt of the full MLS information package and will appear on Realtor within 96 hours of processing the listing

Without the fulfillment of the foregoing, the MLS listing can not be processed.