A multiple listing service (MLS) is an effort among real estate brokers to share data about homes for sale, and to cooperatge with and compensate each other for assisting with the sale. The MLS is the tool real estate professionals use to keep informed. For Detailed information please click on MLS .

Yes, Knoxville Discount Realty is a member of the Knoxville Area Multiple Listing Service.

Yes, homes listed by Knoxville Discount Realty will be exposed to over 4,400 agents in Knoxville, Knox County, Anderson, Blount, Loudon, Roan, Monroe, and Crossville.

Yes, the MLS is the marketplace for real estate. Lack of market exposure is the biggest obstacle facing For Sale By Owners (FSBO).

Did you know that nearly 50% of homeowners try to sell their home on their own ? According to the  National Association of Realtors, only 16% actually sell their home without access to the Multiple Listing Service. In the past 25 years, homes listed on the MLS sold faster than homes sold “by owner”. Futhermore, 89% of all homes sold in the U.S. are sold through the MLS. You can get your home listed today for a one time flat rate fee of only $499.00 by Knoxville Discount Realty.

Local Exposure.

Your home listing will be available to every local Real Estate Agent in the Knoxville area. You will take advantage of the largest targeted sales force of 4400 agents serving Knox, Blount, Loudon, Roane, Monroe, and Crossville to locate a ready, able and willing buyer.

Internet Exposure:

Most buyers start their search online. You can expose your home to potential buyers throughout the world. Realtor.com is the official website of the National Association of Realtors.

We can keep you active for up to a year. If you need additional time, you can start a new listing for half price.

Wonderful: You owe no commission. Our system has worked and you have saved a bundle of money. It has cost you only the one time flat rate fee of $499.00.

Certainly, you can advertise wherever you choose. Usually, most For Sale By Owner advertising results in few calls from a ready willing and able buyer. Most of the response will be coming from real estate agents. However, it never hurts to advertise on  your own.

Congratulations, You should negotiate directly with the buyer or the buyer’s agent. When you have completed negotiations and accepted the offer, to comply with MLS rules you MUST notify us so we can update your MLS advertisement to show that you have a sale pending. If you need legal advise, please contact an attorney.

You need to let us know immediately and we’ll change your status back to “ACTIVE'” at no additional cost. This is a good time to evaluate your price, description and commission.

The choice is yours. The most common choices are 2.5% and 3%. Since, your not paying a listing agent, you may want to go as high as 5%, the decision is strictly up to you. You are the boss.

The buyer’s agent’s fee (also known as the selling office commission) is advertised in the MLS database, so agents know before they call you what you are willing to pay them to show and sell your home.

Multiple Listing Service rules require that you disclose the commission in your listing. You are agreeing that you will pay that commission if an agent represents a buyer on the terms and conditions you advertise.

Send us an email and we will make the changes for free of charge. All changes to price and commission need to be in writing, so email is the preferred method of notification or you can use snail mail.

Many stores can create photo disks from prints. You can also scan a photo and email it to us or send us a compact disk. If you do not have a scanner, we will be happy to scan them for you.

Agents will see your home in the Multiple Listing Service, or one of  their clients will find your home on one of many websites. The agent will then call you for showing instructions or follow the instructions posted in your listing.

Most of our communication is on line but we will be happy to work with you by way of snail mail, telephone and fax.