A huge bunch of stuff on no commission real estate virginia
During a housing boom, that can amount to a lot of money for both brokers. However, now there is an alternative to percentage based real estate commission: flat fee Multiple Listing Services (MLS) broker services. Imagine a flat rate real estate broker service that offers a seller the full benefit of professional brokerage services without the huge 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. Flat fee MLS allows the seller to list his home on the MLS (which can be done only through a licensed broker) and gain maximum exposure for his home over the Web.