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In City Atlanta (and most parts of northern Georgia) the finest exposure tool is the Very first Multiple Listing Service (FMLS). If you're not noted in this system, you won't get the maximum exposure necessary to sell your home. FMLS charges a cost to list with them of. 12% of the list price of your home.

So for all intents and functions, the cost to you that will be based upon the sale price of your home will be 3. 12% of the sale rate (that's 3% for the buyer's representative and. 12% to FMLS).

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First Multiple Listing Service, Inc. (FMLS) is the premier information providers for real estate professionals in Georgia. Today, membership is growing rapidly and is spreading out in every instructions throughout Georgia and the Southeast. Presently, FMLS has over 2,260 workplaces and serves more than 36,000 realty agents. The FMLS listing database consists of more than 68,000 active listings located all over Georgia and the Southeast.

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In the possible class action of Heather Q. Bolinger, et al v. First This Piece Covers It Well Listing Service, Inc., et al. (2:10- cv-00211-RWS), the U.S. District Court for the Northern District of Georgia ruled on January 18, 2012 that buyers and sellers of residential realty can sue FMLS (the dominant MLS in Georgia) and member brokerage firms under RESPA to recuperate undisclosed costs and kickbacks.

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Complainants will be seeking relief on behalf of all buyers and sellers of property realty in Georgia throughout a minimum of the 4 years preceding the filing date of the lawsuit. Taylor English Duma, LLP represents the Plaintiffs together with Pope, Mc, Glamry, Kilpatrick, Morrison & Norwood, LLP and The Sterbcow Law Group, LLC.

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