The MLS, or Multiple Listing Service, is a database of properties for sale that real estate agents use to market and sell homes. The MLS also allows agents to cooperate and share commissions with other agents who bring buyers to their listings.

The MLS is not a single entity, but a network of hundreds of local and regional boards and associations across Canada. Each MLS has its own rules, fees, and services for its members. Therefore, the cost of listing a home on the MLS may vary depending on the location, the agent, and the service package.

Generally, there are two ways to list a home on the MLS: through a full-service agent or through a flat-fee service.

A full-service agent will handle all aspects of the home selling process, such as pricing, marketing, staging, negotiating, and closing. They will also list your home on the MLS and other platforms, such as REALTOR.ca1, which is the most popular and trusted real estate website in Canada. A full-service agent typically charges a commission based on a percentage of the final sale price of your home. The commission may range from 3% to 7%, but there is no set rate. The commission is usually split between the listing agent and the buyer’s agent. For example, if you sell your home for $500,000 and pay a 5% commission (2.5% for each agent), you will pay $25,000 in total.

A flat-fee service will list your home on the MLS for a one-time fee, but you will have to handle most of the other tasks yourself. You will also have to pay a commission to the buyer’s agent if they bring a buyer to your home. A flat-fee service may cost anywhere from $100 to over $1,000, depending on the company and service package you choose2. Some flat-fee services may also charge additional fees for extra features or support.

The fees for MLS access are generally $20 to $50 a month, depending on the MLS3. However, MLS access usually requires a real estate license. So if you are not an agent or broker, you should also take into account the cost of becoming one.

If you are looking for a more affordable way to sell your home, you may want to consider working with a low-commission agent who can offer you both full-service and MLS exposure for a lower fee than traditional agents. For example, Clever Real Estate is a platform that connects you with top-rated local agents who will list your home for a flat fee of $3,000 or 1% if your home sells for more than $350,0004. You can save thousands of dollars in commission while still getting professional guidance and support throughout the process.

Companies that offer flat fee services to sell your house in Canada without an agent. Some of them are

- FSBO Inc. (For Sale By Owner): This company provides a comprehensive real estate selling platform that includes MLS® System access, listing syndication, Facebook marketing, lawn signs, contracts, and more. They charge a one-time fee of $549 for their service³⁴.

- Purplebricks: This company provides a full-service real estate experience that includes professional photography, MLS® System exposure, marketing, negotiation, and legal support. They charge a flat fee of $2,999 for their service in Ontario and Manitoba, and $3,499 in Alberta.

- PropertyGuys.com: This company provides a customized real estate solution that includes pricing assistance, MLS® System listing, marketing materials, legal support, and more. They charge a flat fee that varies depending on the service package you choose.

- 2% Realty: This company provides a full-service real estate service that includes MLS® System listing, professional photography, marketing, negotiation, and closing. They charge a flat fee of 2% of the final sale price of your home.

(1) FSBO Real Estate in Canada with Flat Fee Postings | FSBO Realty. https://www.fsbo.ca/.

(2) For Sale By Owner Canada - Flat Fee Real Estate Classifieds. https://www.forsalebyowner.ca/.

(3) Flat Fee Commission Brokerage| Trade 1 Realty. https://www.realtor.ca/agent/2106322/nahid-seyeds...

(4) What Is A Flat Fee In Real Estate? | Bankrate. https://www.bankrate.com/real-estate/flat-fee/.

https://www.realtor.ca/mls
https://listwithclever.com/real-estate-blog/get-ac...
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Find the Best Flat Fee MLS Listing Service Near Me (listwithclever.com)

HOUZEO, Flat Fee Group, Fizber, ISoldMyHouse.com, FSBO.com

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