A flat fee listing service has come to Washington homeowners, and it's not like a $325 FSBO model that brings very little to the table and then drops the homeowners on their heads. It's also not like the 5% to 6% traditional bricks-and-mortar listing model either. This flat fee listing service brings the single biggest value to homeowners that any traditional broker can bring. What is that value, the single most important component to any marketing system today for a home? In Washington State it is to list the home in the Northwest MLS (NWMLS). Everything else a traditional listing broker does is for all practical purposes worthless, and I'll explain exactly why.



I love what the great actor Lee Ermey said in the movie Switchback (1997). He played Sheriff Buck Olmstead with Dennis Quaid who played Frank LaCrosse. "He told the truth, and once you've heard the truth, everything else is just cheap whiskey." I've never forgotten that statement. It has so much value for all of life, and it does in this context, too.



00:00 - Introduction

00:43 - Chapter 1 Exactly What is a Flat Fee Listing Service?

01:57 - Chapter 2 What’s The Difference Between Traditional Listing and Flat Fee?

03:31 - Chapter 3 What About Their Claims of Being a Full Service Broker?

06:25 - Chapter 4 What Marketing Does a Full Service Broker Do?

12:05 - Chapter 5 Home Sellers Don’t Need the 5% Broker Any More?

12:39 - Chapter 6 Don’t Buyers Find Their Homes On The Internet?

14:33 - Chapter 7 Does The Flat Fee Service Put Listings in The Northwest MLS?

14:58 - Chapter 8 Do You Put Up a Sign?

17:43 - Chapter 9 Do You Hold a Broker’s Open House?

21:10 - Chapter 10 Do You Hold A Public Open House?

25:24 - Chapter 11 We Have Buyers For Homes Like Yours! So They Say!

25:59 - Chapter 12 Will Social Media Sell My Home?

28:17 - Chapter 13 Don’t Traditional Brokers Have Huge Marketing Systems?

36:48 - Chapter 14 What Role Does Knowledge and Experience Play?

41:03 - Chapter 15 Who is Responsible for Signs, Lockboxes and Photos?

44:58 - Chapter 16 Who Negotiates Price and Where Do I Get The Paperwork?

46:26 - Chapter 17 How Are Inspections Handled?

47:55 - Chapter 18 How Much is The Flat Fee?

48:19 - Chapter 19 When Do I Have To Pay?

49:51 - Chapter 20 What If You Represent The Buyer Too?

50:56 - Chapter 21 Real Life Example



Compare a traditional listing model to this flat fee listing service, and you'll see why I argue homeowners don't need to pay 5% to 6% in real estate commissions any more.



Amazing online resources for buyers courtesy of Chuck Marunde and iRealty Virtual Brokers:



FLAT FEE LISTING SERVICE:

http://wastateflatfee.com/



Schedule a telephone call with Chuck Marunde at:

https://irealtyvirtualbrokers.com/book



Search the Sequim real estate listings at:

https://irealtyvirtualbrokers.com/



Read Chuck's Sequim Real Estate Blog with over 2,000 articles for buyers at:

https://www.sequim-real-estate-blog.com/



And watch hundreds of videos for buyers at:

https://www.youtube.com/cmarunde



Sequim Real Estate: A Buyer’s Guide

https://www.amazon.com/Sequim-Real-Estate-Buyers-Updates-ebook/dp/B07G8QBH73



Seven Myths of Selling Your Home: With 20 Secrets You Need to Know

https://www.amazon.com/Seven-Myths-Selling-Your-Home-ebook/dp/B01CFBYPWK/



The 24 Secrets of Buying a Country Home

https://www.amazon.com/24-Secrets-Buying-Country-Home-ebook/dp/B083G5V6RD



Buying and Selling Real Estate in the Rain Shadow

https://www.amazon.com/Buying-Selling-Real-Estate-Shadow/dp/1440499772

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