Real estate commission rebate, a review of the basics
No commission real estate is a dream come true. No commission real estate, or flat fee, Multiple Listing Service (MLS) is new to the real estate industry. Signing up for no commission real estate is simple: place your service order with a no commission real estate website and pay the flat fee, then sign and return the package of forms you will receive from the local broker assigned to your transaction. Your broker lists your home with MLS within one business day of receipt of your paperwork and thereafter serves as your main point of contact until your sale transaction closes. Your home will also appear on national MLS listings within a few more days.