A flat fee MLS in North Carolina is what it sounds like: a company that lists your home for a flat fee, which is a few hundred dollars. MLS stands for Multiple Listing Services, a service with which your house gets listed on your local real estate market database. The primary directory for active listings is only accessible to agents but using flat fee MLS you can get your house listed FSBO without having to hire a real estate agent. Your listing is also integrated on real estate websites like Redfin, Realtor.com, Trulia, and Zillow.
The value of homes in North Carolina averages out to USD 322,986. So, if you are selling your house in NC traditionally, you have to pay about 6%, that is, USD 19,380 as agent commissions. You can eliminate this cost entirely or at least by half by working with a flat fee MLS in North Carolina and save thousands of dollars.