Glossary

A Realtor Rebate is a program offered by some Discount Real Estate Brokers to refund some of the agent’s commission on the sale of the home.

Glossary > MLS Realtor This is a layman’s term for a Discount Realtor who charges a reduced rate (either a small percentage of the sale or a flat fee) for listing the seller’s home in the MLS.

Glossary > Flat Fee Realtor A Flat Fee Realtor is a discount real estate agent who is a member of the Board of Realtors and who charges a flat fee for listing homes in the MLS rather than a percentage of the sale.

Glossary > Flat Fee Real Estate Broker A Flat Fee Real Estate Broker is a broker who charges a flat fee for listing a seller’s home in the MLS rather than a fixed percentage.

Glossary > Discount Realty Discount Realty is the process of providing Discount Real Estate services to buyers and sellers. The Discount Realty prt of the market provides an important function, making the cost of getting listings into the MLS more affordable.

Glossary > Discount Realtor A Discount Realtor is a Discount Real Estate Agent who is a member of the local Board of Realtors. The Board of Realtors is a professional organization of agents who share listing date through the MLS.