High commission fees may keep you up at night when you are thinking of selling your home. But if you are ready for some challenge, you can actually avoid paying the high listing fees. The answer is to sell your home by yourself without taking the help of a real estate agents and employing the services of a good flat fee real estate company. But then how do you find a good flat fee MLS in Florida? Find the answer in this blog.
A flat fee real estate listing service can be the perfect choice for you. A flat fee real estate service can also offer you some helpful resources, tools, and guidance for selling a home by yourself. If you are confident to sell your home FSBO in Florida, you must work with a flat fee MLS in Florida.
What is a flat fee MLS listing service?
A flat fee MLS listing service is a service that offers you an alternative way to sell your home. You don’t have to hire a traditional real estate agent and sell your home as you can sell your home by yourself with something called FSBO or for sale by owner. A flat fee MLS Florida could help you advertise your home by listing it on a local MLS or multiple listing service.
The MLS is an online database accessible only by licensed real estate agents. They list homes and share property details with other agents present on the MLS, helping their clients to find or sell a home. There are hundreds of local MLSs in the US handling property listings for particular areas. Major real estate sites like Realtor.com, Trulia, and Zillow pull their real estate data from such MLSs. So, the best way to give your home listing exposure is by listing it on your local MLS.
And you can get your home listing on the MLS using one of the flat fee MLS in Florida. Only realtors have access to and can post listings on local MLS. So, you won’t be able to access your local MLS without a real estate agent. But by choosing a package from one of the flat fee real estate companies, you can get your home listed on the local MLS, increase its visibility, and increase the likelihood of a buyer or her agent looking at your home for sale.
Some flat fee MLS in Florida provides assistance over and above listing your home for an additional charge. You can choose from their menu of services to get more guidance and facilities through your FSBO home selling process. You can choose marketing services like hiring a professional photographer and putting up yard signs among others. You can also choose services like assistance with paperwork, closing, or contracts.
Should you choose an MLS service over a traditional realtor?
You must definitely choose a flat fee MLS service over a traditional real estate agent if you have the time, energy, contacts, and funds to hire real estate professionals.
Savings is what appeal to most home sellers to choose a flat fee listing service. However, you must first decide if the energy and time you’d be spending on selling your home by yourself are worth the trade-off.
If you are saving a considerable amount while taking care of the complete home selling process and believe that you can actually undertake the whole responsibility, you must choose a flat fee real estate service.
How to pick the best flat fee MLS listing service in Florida?
While deciding on the best flat fee MLS listing service in the US, consider the following factors while doing your research:
- All the best flat fee MLS companies have their contact information displayed readily on their website. And more often, there is not one but multiple ways in which you can contact them. If you can’t find the contact information of the company you are researching about easily, you might want to reconsider your choices. Again, quality MLS companies also offer you terms for instant cancellation of service in case you want to discontinue using their services.
- Another great feature every good MLS listing company offers is amazing customer support. If you get confused at any step in the home selling process, you can contact the service and get the needed help. Your request can be how to update your MLS listing, how to contact the buyer, or anything else. Because if your MLS company is unresponsive, it could get difficult for you to move ahead in the home selling process.
- You must look for and work with a reputable flat fee MLS in Florida with a network of licensed, excellent real estate brokers. Also, a good marker is the presence of the company in most of the states across the country. You want your home listing to quickly appear in most local MLS databases in your region to get the highest exposure. So, make sure your flat fee MLS has full coverage across all the MLSs in your state.
The best flat fee MLS listing services in Florida
Below are some of the best flat fee MLS in Florida:
- Houzeo
Houzeo is the top real estate technology company that offers an excellent combination of cutting-edge technology, high savings, and at-par customer service.
Houzeo’s flat fee MLS services are available as packages available at a fixed cost using which you can save several thousands of dollars. Your property is integrated with listings on websites like Realtor.com, Trulia, Zillow, Redfin, etc. Houzeo also offers you many useful social media sharing features so that your listing can get better exposure. You can also save buyer agent commission with Houzeo if the buyer is unrepresented. To Know more about them check houzeo reviews.
2. FSBO.com
FSBO.com is also a nationwide flat fee real estate MLS service that lists your home for an upfront fee. With their package that costs you USD 399.95, you can list your home on FSBO.com and your local MLS for six months. Your listing gets integrated into and shows up on Zillow, Trulia, Realtor.com, etc. top FSBO sites.
You can even purchase marketing materials like yard signs, brochures, directional arrows, and even residential real estate forms and documents at an additional cost from FSBO.com.
3. Homecoin
The flat fee MLS in Florida has a clumsy online dashboard to welcome you and its main selling point is its USD 95 bundle. Advertising your property through Homecoin can take hours. Also while Homecoin says that they offer free sellers’ disclosure, you can be charged an unavoidable hidden fee of USD 450 for state-mandated seller disclosures. To know more about them check homecoin reviews.
Also, if you add a variety of additional services to your package, it can get pretty pricey. Even yard signs are not free and only available with the leasing of a post.
4. Beycome
Founded in 2016 in Florida, Beycome is a top flat fee MLS listing service. Its selling dashboard has extensive capabilities using which you can arrange offers, schedule showings, and maintain your listing. The tech-advanced organization makes it simple for you to advertise your home as an FSBO in Florida.
While Beycome’s USD 99 and USD 299 flat fee MLS Florida packages save you listing agent commission, its USD 499 concierge plan available at 1% commission of your home selling price guarantees you a low-cost flat fee real estate listing.
You can even cancel your purchase with Beycome if you don’t sell or get even two offers in 90 days with their money-back guarantee proposition.
5. Clever Real Estate
Clever, like Ideal Agent, has built-in discounts and matches you with a top-notch agent who is knowledgeable and pre-vetted. Ideal Agent, on the other hand, has a network of only 450 agents, whereas Clever has 7,000.
You’ll have a much better chance of being matched with a local agent if you have a larger network. Outside of big cities, Ideal Agent has a hard time finding local agents.
Clever’s built-in savings are also significantly superior to Ideal Agent’s. Clever negotiates a listing fee of just 1% with its agents (for homes over $350,000), compared to Ideal Agent’s 2%.
In other words, Clever might save you twice as much as Ideal Agent while maintaining the same level of agent quality.
Clever also gives a 0.5 percent cash rebate to qualified purchasers, something Ideal Agent does not.
You can check out Clever real estate reviews for more information.
Final word
You can save as much as fifty percent of your commission easily when you use a flat fee MLS Florida service. The fifty percent you use is what you would spend on buyer commission as most buyers are represented by agents.
Now that you know the nuts and bolts of a flat fee MLS Florida service, and how much money you can save with it, pick the best flat fee real estate service from the list above. Make sure you do thorough research and ask the right questions before zeroing in on one service.