What is the difference between a “flat fee MLS listing through ADDvantage” vs. a “Full Service listing”?

In a full service listing, the agreement is typically a 6 month listing. The main drawback of most full service agreements is that the Exclusive Right of Sale Listing Agreement precludes the owner/seller from selling the house “FSBO” during this listing period and the seller has little to no control of the process. Customarily, a 6% commission is shared between the listing agent and the selling agent (sometimes, the listing agent is also the selling agent).

In an ADDvantage flat fee MLS listing, the seller doesn't pay a “listing commission” (which is typically 3%) because you (the seller) in essence become the “listing agent” for a flat fee. As well, with an ADDvantage flat fee MLS listing, if you are successful in finding a buyer for your property without the assistance of a real estate agent, then you would pay NO commission; just the ADDvantage flat fee. It's that simple.