I called it about a year ago (still searching for the email). It finally happened. I stumbled upon a 1 penny buyer agent co-op fee!!
Yep, it came from For Sale By Owner service www.iggyshouse.com (iggys house and iggyshouse for search engine purposes)
The listing ID is AR6381069 in Arlington Virginia
I'll keep everyone posted on how well they do. First indications show that they are $40,000 overpriced for a $570,000 townhouse. And with the $15,000 "savings" in Realtor fees, that could net them $65,000 more! Who needs staging if you can just do this!
This doesn't effect those Realtors that have buyer agency agreements (Exclusive Buyer Agency Contracts. Don't Sign Them... Yet.)
You can read more about Flat fee MLS services on my other blog at Go FSBO! Save $20,000! Realtor Tells All!!
Written by Frank
p.s. Make sure to Rate this posting a 5, I want to see more feedback from across the US on this.