Found this one a little strange.
http://nationalrealtynews.com/content/templates/standard.aspx?articleid=8&zoneid=3

Most of the work will be done by assistants. A top 5% agent does not have time to bother with $2,500 and 100% personalized service.

The problem with this model is that they will have to:

1. Pay in advance (huge mistake)
2. Offer an additional compensation for the MLS (big surprise to sellers)
3. People want an agent to come by and give their opinion of what they think the house will get. Most of the time people have a couple agents come over even though they already know who they are going to use, they just want to verify the asking price.
4. There is no chance that with this system they will just be able to sell the home for the initial fee, the MLS co op will kill that
5. The referral service is most likely taking 1/2 of that 2,500.00 bucks. Not sure if a busy agent would want a listing and the hasles for 1,250.00 bucks.

Overall I think this is a hard sell for Progressive to the general public. I have really only seen on company do really well with the pre pay plan: CongressRealty.com. What I can't figure out with Congress is how the broker deals with the paperwork. The Broker essencially has to count on the other agent getting the paperwork to him. I can only imagine this guys/broker's files are a huge mess. From what I understand the selling agent sends the contract directly to the seller. From what I heard from an agent in one of their states is that the listing agreement "REQUESTS" copies of all the paperwork from the selling agent. Now we all know that initials get missed on a regular basis. What a pain for the selling agent, especially if the missed initials would favor the buyer if things got hairy..... risky business on Congress's part, but it seems to be working.

Progressive says:

IF YOUR HOME IS CURRENTLY LISTED CALL AND HAVE YOUR AGENT CANCEL THE LISTING!!! WOW!!

Read below:

http://www.progressivehomesellers.com/_How+It+Works.html

What is really funny is that most of this guys press is from himself on PAID PR NEWSWIRE..... funny

So much for ethics. ie. "If your home is currently listed for sale this is not a solicitation for business".
I guess it's ok if you are not a Realtor.

I suspect if Prudential and Coldwell Banker knew their names were on this guys site they would FLIP OUT!! There is no way in hell they want to be associated with a 2500.00 flat fee....

This guy is asking for trouble.

However, maybe they are ok with it? but what about all those other Prud/Cold agents who don't participate. Not only are they having to compete with discounters but now they will be competing with discounters within their own office, good grief...

"The problem with this model is that they will have to:"

Congress Realty is mentioned, but many brokers are looking at the merits of a fee-for-service model that includes flat-fee listings. We currently offer options to the FSBO market.

You are forgeting that this is not a traditional listing and the broker entering the home into the MLS and have no further responsibility to the seller other than keeping the status updated in MLS.

They dont represent them, they dont do anything other than provide them a marketing plan that includes placing their home in the local MLS. Because of this why should they care about going to the home or the price they are asking?

I can tell you from experience that this type of service is not going to go away.