Dec. 15, 2011

Flat Fee MLS Chicago Year in Review

2011 was a difficult year for flat fee mls listing companies as sales volumes were down again.  I primarily attribute this to two different market forces.

One is the fact that when distressed properties take up 30-40% of listing market volume that is just fewer potential sellers that will go with our type of for sale by owner assistance program.

The second is the fact that when the market is up for sale by owners and flat fee listings do well but when the market is down sellers get scared and many choose to hire more traditional brokers.

That being said we still sold a lot of homes with our mls listing services this year.  Enough so that we should again  rank as in the top 1% of agents overall in Chicago.

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