40% Title Insurance Discount & Free Escrow with Listed Simply!

Selling property in today’s market is far from more complicated. The market is especially competitive for sellers in California. Without assistance, a person cannot sell their property quickly and for a reasonable price. However, people are hesitant to seek full assistance from realtors due to the exorbitant commission fees they charge. Aside from commission fees, you may incur additional expenses when selling property, such as title fees. To save themselves from paying these huge sums, seasoned real estate sellers in California turn to flat-fee multiple listing services, or MLS. Partnering with flat-fee MLS providers like Listed Simply, you can save 40% on title insurance in California and sellers can also get free Escrow. But newbies are unaware of it. Let’s understand how flat-fee MLS can help save you from paying expensive title fees.

What Are Title Fees?

Title is the right to ownership and use of the property. At the time of closing, the title company verifies the property’s ownership. When selling a property, it is vital to ensure the title of the property is all clear. This is because the property’s title is being transferred from the seller to the buyer. The title fees are levied to check if all legal documents associated with the property are legally valid and if the property is clear of all disputes, outstanding loan payments, or debts. The title fees you pay are used to cover and verify various aspects of the property. These can include:

Title Search Fees:

The title search fees fund an extensive historical investigation of the property. In this investigation, if there’s any dispute associated with the property or unresolved legal complication, it is uncovered.

Settlement Fee:

The settlement fee is given to the settlement agent or title company to assist with completing all the legal documentation required for the property closing.

Title Insurance Premium:

Lenders’ title insurance shields them from property claims, not buyers’. Mortgage lenders usually require the lender’s title insurance because issues may arise even after a title company clears the property.

Recording Fees:

The state or local government charging the recording fees does so to document and register the ownership transfer of the property in the official records.

The total cost of title fees can reach thousands of dollars. Therefore, sellers must discover ways to reduce their out-of-pocket title fee expenses, and flat fee MLS listing can provide just that.

How Can Flat Fee MLS Listings Help You Save Thousands of Dollars on Title Fees?

Flat fee MLS listings can offer sellers somewhat of a reprieve. Instead of paying thousands of dollars in commission fees, upfront fees for flat fee MLS listings help to reduce the cost of hiring experts and their resources. Similarly, with flat fee MLS listings, you can save hundreds and thousands of dollars on title fees. Let us look at how flat fee MLS listings can help you save thousands of dollars on title fees in California.

Reduced Overall Cost:

Compared to other ways of selling property, the cost-effective flat fee MLS listing provides an easier alternative. You can significantly bring down the cost of selling property by paying an upfront flat fee to get your property listed on the MLS listing portal. This way, you can avoid paying 5%–6% of real estate. This saved cost can help you make it easier to pay for the title fees. The total expense will be significantly less than any other alternative.

Customizable Services:

When going for flat fee MLS services, you have the option to pick additional services apart from the fee required to get the listing uploaded on the MLS listing portal. These additional services can include packages like professional photography, videography, description writing, negotiations, and more. You have the option to either opt for all the additional services provided by the flat fee MLS listing service provider or you can be selective about it. By selecting limited services, you can cut down on unnecessary expenditures to pay for the title fees. If you have legal experience and manage real estate, you can take care of the settlement process without full legal representation. This, in turn, helps to bring down title settlement fees.

Discounts:

Flat fee MLS listing service providers like Listed Simply offer a massive 40% off on title insurance fees in California. Along with that, they also extend free Escrow service. In California, you can use their service to save a ton of money on your total title fee expenses.

Selling property, in reality, can be complicated and expensive in more ways than what appears prima facie. Title fees are one of the expenses you must pay when selling your property. But you can surely sort ways to save up from spending exorbitantly on title fees in California. The assistance of the right flat fee MLS listing service provider can help you reduce your title fee expenses.