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  2. Flat-fee MLS - Wikipedia

    en.wikipedia.org/wiki/Flat-fee_MLS

    Flat-fee multiple listing service or flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction.

  3. Real estate agent - Wikipedia

    en.wikipedia.org/wiki/Real_estate_agent

    Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...

  4. Roughly $30 billion could be slashed from real estate agents ...

    www.aol.com/finance/roughly-30-billion-could...

    In order to correct the problem, the economists proposed a new “à la carte” model for buy-side real estate agents that could reduce buyers’ commissions by roughly $30 billion.

  5. Estate agent - Wikipedia

    en.wikipedia.org/wiki/Estate_agent

    Estate agents who handle lettings of commercial property normally charge a fee of 7 to 15% of the first year's rent, plus the whole of the first month's rent. If two agents are charging 10%, they will split the fee between them. Estate agents selling commercial property (known as investment agents) typically charge 1% of the sale price.

  6. Real estate business - Wikipedia

    en.wikipedia.org/wiki/Real_estate_business

    A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...

  7. Multiple listing service - Wikipedia

    en.wikipedia.org/wiki/Multiple_listing_service

    A multiple listing service (MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.

  8. À la carte - Wikipedia

    en.wikipedia.org/wiki/À_la_carte

    In restaurants, à la carte (/ ɑː l ə ˈ k ɑːr t /; French: [a la kaʁt]; lit. ' at the card ') [1] is the practice of ordering individual dishes from a menu in a restaurant, as opposed to table d'hôte, where a set menu is offered. [2] It is an early 19th century loan from French meaning "according to the menu". [3] [4]

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