Why is there a 0.3% charge at FMLS closing?

Why is there a 0.3% charge at FMLS closing?

FMLS is one of the MLSs that applies additional fees associated with listings, including a 0.12% fee at closing.
In addition to this closing fee, there may be other FMLS-related costs throughout the life of the listing, such as fees for listing changes, cancellations, and other administrative updates. Rather than charging sellers separately each time one of these costs occurs, Houzeo charges a total fee of 0.3% at closing to cover these FMLS-related expenses.
 
To provide additional value, Houzeo also includes listing exposure on Georgia MLS. This allows the property to be listed on more than one MLS, helping increase its visibility and reach a broader network of buyers and real estate professionals.
 
This 0.3% charge therefore covers the applicable FMLS fees while also providing sellers with expanded MLS exposure.