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Archive for August, 2011

Colorado Min Service Laws and Flat Fee MLS Listings

J. Andrew English J. Andrew English
Thursday, August 11th, 2011

I for one am a supporter of Colorado’s decision to do away with Entry Only Listings. Entry Only Listings put real estate brokers and homeowners in bad positions. This is exactly why Congress Realty has always made themselves available to receive and present offers to our clients, well before Colorado’s decision. Other Flat Fee companies who refuse to make themselves available to other brokers to receive offers are officially out of business. Every broker, regardless of service level must present any offer received per the state of Colorado.

Difference b/w Entry only versus Congress Realty’s Flat Fee Listing:

Entry Only – Broker inputs the listing into the MLS and then disappears forever. (what most flat fee broker’s still try to get away with)

Congress Realty – Once we input the listing, we are available to answer questions from the seller. In the event an offer is presented, a broker or buyer can fax or email the offer to our office and we will fwd the offer to the seller as a PDF attachment within minutes of receiving the offer.

We take every precaution to ensure we stay in compliance with Colorado’s new operating procedures.