Selling your home is probably one of the biggest financial decisions you will make in your life, so understandably, you want to make as much money as possible from it. A significant expense homeowners incur when selling is the typical 5–6% commission they pay to a real estate agent. Luckily, today, there are smarter and more affordable ways to sell your home without paying high realtor fees in Michigan! If you want to retain more of your equity, this is how you can save on commissions while still appealing to eager buyers and keeping the process organized.

1. List on MLS without a realtor

The Multiple Listing Service (MLS) is a valuable tool that creates immense exposure for your property to an expansive reach of real estate agents and platforms. Previously, only licensed real estate agents had access to the MLS. Now gain a maximum exposure list on MLS without realtor for your property and avoid high agent fees.

2. Use Flat Fee Realtors

Instead of paying a percentage of your home's sale price, flat fee realtors charge a one-time, upfront fee to list your property on the MLS. This means you pay significantly less, regardless of your home's value. For instance, if you're selling a $300,000 home, a 6% traditional commission would cost you $18,000. With a flat fee service, you might pay only $300–$500. 

Many homeowners search for flat fee realtors near me to find local providers who understand their market. Most of the time, these companies let you pick a package that suits your needs, starting with an MLS listing or going all the way to real estate consulting.

3. Understand Realtor Fees in Michigan

If you are putting your home on the market in Michigan, you should learn about the regular realtor fees there. In most cases, selling a Michigan home costs the seller about 5.5% in commission expenses. Most often, the fees are shared by both the buyer's and the seller's agent. You'll pay a lot less if you do not hire a full-service realtor. Reducing your closing costs greatly becomes possible when you negotiate or go with flat rate fees.

4. Know the Real Estate Commission

Since the Real Estate Commission in Michigan is not set by regulation, it can always be discussed and set by agreement. Still, a lot of sellers do not realize this and just go with the default cost. When you explore and learn different options, you take charge of your sales and can save money.

5. Work with Confidence

Handling the whole process by yourself is possible if you know how to do the showings, complete the paperwork, and handle the negotiations. You might want to get the assistance of a real estate attorney or a transaction coordinator during the legal stages, mainly when you receive offers. That allows you to pay lower commissions while still being safe from legal issues.

Final Thoughts

How can you sell your home at a reasonable cost without being charged a high commission? Try to sign up for MLS plans that charge a fixed fee, find out the details of how commissions are paid, and make use of online tools that support sellers. If you choose to list on MLS by yourself or with the help of flat fee realtors, you don't have to pay much to have your home featured professionally. 

Sell smarter with an MLS listing without realtor—reach thousands of buyers while saving big on commissions. To sell smart, don't face the world alone; make smart decisions to lower your spending.