Illinois home prices have increased 13% in the past year to reach an average of $200,000. And it’s a hot seller’s market in most of the state. That’s all the reason you need to use technology to sell your home and save at least $21,000 in real estate agent commissions! Flat Fee MLS Illinois packages can save around 2%-3% on commission fees and you have the liberty to sell your home for sale by owner.
» In this guide, we’ll cover:
- Rankings: Flat Fee MLS Illinois Companies
- Beware: Flat Fee MLS Florida Companies have High Hidden Fees
- Do Flat Fee MLS Illinois Listings Work?
- Reviews: Best Flat Fee MLS Illinois Listing Services
- Alternatives to Flat Fee MLS Listing Illinois Companies
- Frequently Asked Questions
Rankings: Flat Fee MLS Illinois Companies
|Flat Fee MLS Service||Price||Additional Fees||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|3. Flat Fee Group||$795||None||❌||❌||❌||❌||❌|
|5. Mentor Listing Realty||$299 - $399||$45-$590||❌||❌||❌||❌||❌|
|4. Prello Realty||$295-$795||None||❌||❌||❌||❌||❌|
|6. Flat Fee Realty||$199||0.1%-0.25%||❌||❌||❌||❌||❌|
|7. MLS Town||$175-$295||None||❌||❌||❌||❌||❌|
Real People, Real Stories
Beware: Flat Fee MLS Florida Companies have High Hidden Fees
The biggest issue with Flat Fee MLS Florida companies is that they have a lot of hidden fees that they don’t disclose on their pricing pages. These hidden fees don’t just make your sale more expensive than you budgeted for, they will also ruin your experience with all the nickel and diming. SELLER BEWARE!
Do Flat Fee MLS Listings Work?
Yes. 88% of buyers purchase a property through a buyer’s agent, and these agents are vital in getting you top dollar for your property sale. So, if your house is not listed on the MLS, you are turning your back on 88% of customers already. In fact, Flat Fee MLS came into existence when the United States Department of Justice passed a settlement that allowed real estate consumers to save money when selling their houses!
Reviews: 7 Best Flat Fee MLS Illinois Companies
- Listing Fee: $249 to $399
- Available nationwide
- 4.9/5.0 (out of 2,805 reviews)
Houzeo, an online real estate tech company, provides an unbeatable combination of maximum savings, cutting-edge technology, and 5-star customer support.
💰 Save Thousands on Commission: Houzeo’s plans are typically a small flat fee. This will save you thousands. If your buyer is unrepresented, you save the buyer agent commission as well.
📣 Maximum Exposure: Listings get syndicated to the MLS, Zillow, Realtor.com, Redfin, Trulia, and hundreds of other websites. Houzeo also has nifty social media sharing tools. No other platform gives you this much exposure.
⚡ Fast Listing & Changes: Houzeo is 100% online. Listing is easy and changes are fast. So you can focus on what is most important – your sale.
⭐ 5-Star Customer Support: Home sellers across America have rated Houzeo 4.9 out of 5 stars on major review sites like Google and Trustpilot. There is comfort in the fact that when you call, there is a live person picking up the phone on the other line.
📱 Cutting-edge Technology: Houzeo is the most powerful real estate website. Its advanced features include:
- IntelliList Listing Management System: Lets you manage your listing 100% online.
- Houzeo Showings: Manage showing appointments online.
- Houzeo Offers: All offers are summarized online. You can view and compare offers, or counter an offer. In a multiple-offer situation, you can also call for highest and best offers.
- Buyer Search: Buyers can contact you directly on Houzeo.com instead of going through a real estate agent.
- Houzeo Settlement Agent Platform: Guides you to your closing.
👉 Our Take: Houzeo.com is our top pick because it delivers an unbeatable combination of savings, tech features, and service of any flat fee MLS listing service website we’ve reviewed.
Houzeo is available nationwide.
Introducing the Houzeo Mobile App!
- View your listing
- Manage your showings online
- Review and compare offers
- Counter an offer
- NEW! Buyers can now search your property and save it in “Favorites”
- Listing Fee: $99-$499
- Available throughout IL
- *1% of sale price due at closing
Based in Miami, Florida, Beycome is a technologically-advanced real estate company and makes it easy for home sellers to list their home on the MLS Florida as an FSBO. Through their seller dashboard, you get to access advanced features like managing your listing, organizing offers, and showing schedules.
They offer three flat fee MLS listing Illinois packages in:
$99 Basic Package: With this package, you get to upload maximum pictures on the MLS and make unlimited changes to your listing. They even provide an open house scheduler and a tool to manage home visits. In addition to receiving all the leads directly, you also receive online offers and get to access all legal forms & disclosures.
$299 Enhanced Package: With all the features of the Basic Package, this package includes a yard sign, a featured listing on Beycome’s website, flyers and brochures, and one key lockbox. Additionally, you also get the option to add a virtual tour video to your listing.
$499 Concierge Service: This is essentially a full-service package that includes start-to-finish assistance. They charge 1% of the sale price at closing with this package.
With their 90-day money-back guarantee, you can cancel your purchase if you don’t sell or receive at least two offers in that timeframe. Sellers have also reported that Beycome will ask you to use their title company.
- Set up a free web page along with listing your property on the MLS
Beycome has a (193 total reviews) on popular review sites like Google Reviews
Available in Florida, Minnesota, Georgia, Rhode Island, California, South Carolina, North Carolina and Alabama.
3. Flat Fee Group
Flat Fee GroupLearn more
- Listing Fee: $295 Upfront
- Available throughout Illinois
- Low on tech
Flat Fee Group is one of those flat fee mls Illinois companies that allow you to list your home on the MLS Illinois within 48 hours and provides a variety of MLS services through their packages. Their packages range from $295 to $795, making Flat Fee Group the most expensive MLS company on this list.
For FSBO home sellers they allow you to post your listing on your Facebook page, and also design a full-fledged website dedicated to your property listing. This way you can directly send people to the website page by using social media sharing and direct marketing. However, they don’t have an ‘Online Offers’ feature so your only source of buyers is through the agents, who will contact you via phone or email.
They push your property to various websites like Zillow, Trulia, Redfin, and others, and also allow you to switch to the agent services package if you get frustrated with the FSBO process.
Paperwork for Selling a House Without a Realtor
- Set up a free web page along with listing your property on the MLS
- In case you get frustrated as an FSBO home seller, you can easily switch to a full-service agent
No credible reviews were found about this flat fee mls listing illinois service!
Flat Fee Group covers all major MLS’ in Illinois.
4. Mentor Listing Realty
Mentor Listing RealtyLearn more
- Listing Fee: $299 Upfront
- Optional services fees: $45-$590
- Low on Tech
If you are one of those FSBO home sellers who want to save money and also keep things simple, then Mentor Listing Realty is a good choice for you. Their flat fee mls illinois packages range from $299 to $399 and include basic services. However, their basic package of $299 only allows you to upload one photograph of your property, which limits your home’s attraction drastically.
Apart from listing your property on their website and MLS Illinois, they also push your property to up to 90 top real estate websites to maximize your home’s exposure. Also, without paying anything extra, you can add as many open houses as you want to your listing. Additionally, they provide broker support and assistance for all their packages.
They limit your chances of finding an unrepresented buyer as they do not feature a direct social media sharing option. Moreover, their optional services like market survey report, lock boxes, yard signs, etc. will cost you $45-$590.
How to List on MLS For Sale By Owner?
- Add as many open houses as you want
- Broker support and assistance in all the packages, but only via phone and email
- Provision of state disclosure forms and contracts
- Provides best flat fee MLS listing Illinois package
No reviews were found on enough credible websites to provide a positive or negative rating for this company.
Mentor Listing Realty covers all major northern Illinois MLS listings and southern MLS listings.
5. Prello Realty
Prello RealtyLearn more
- Listing Fee: $295-$795 Upfront
- Available in select counties
- Good customer service
- The basic package allows up to 25 photos
- You will get a professional yard sign no matter which package you buy
- Professional photographers with their Plus package
Prello Realty has a (24 total reviews) on popular review sites like Google reviews.
Prello Realty covers following counties in Illinois: Cook, DuPage, Grundy, Kane, Kankakee, Kendall, Lake, McHenry and Will.
6. Flat Fee Realty
Flat Fee RealtyLearn more
- Listing Fee: $199
- 0.1% to 0.25% additional fees
- Limited coverage
If a cheap plan is your priority, then Flat Fee Realty is a good option but there are things that you should know before you choose to list with them. Before you choose any company you should at least have some idea about how to sell a house by owner so as you understand the basic parameters required from the company.
- One of the cheapest options for Flat Fee MLS Illinois
No credible reviews were found about this flat fee MLS listing Illinois service!
Does not cover the entire Illinois state.
7. MLS Town
MLS TownLearn more
- Listing Fee: $175-$295
- List within 48 hours
- No hidden fee
MLS Town by Berg Properties is another Flat Fee MLS Illinois listing company that can help you list your home on the MLS Illinois for an affordable flat-fee. They offer two packages to Illinois home sellers that are pegged at $175 and $295.
- Local broker support
- Free Sales Contracts and Required Forms
- Covers only Chicago metro area
- Only 1 photo is allowed with their Illinois MLS flat fee package
- The 4-month listing period in the basic package
MLS Town has a (45 total reviews) on popular review sites like Google reviews.
Covers only Chicago metro area.
What is flat fee MLS?
The MLS or Multiple Listing Service is an online database or marketplace of houses available for sale. This gives your property maximum exposure, which in turn increases the chances of sale. The MLS is operated and managed by state-licensed real estate agents and affiliate professionals and only they can access the portal to list homes, browse for properties, or procure data. However, if you go through a real estate agent to sell a house, you have to pay high commission fees.
On the other hand, a Flat Fee MLS listing service, is an MLS entry-only service that lists your home on the local MLS for a pre-set amount through a flat rate realtor or fixed fee real estate agents. This way, you retain all the rights to sell your home as an FSBO, and can otherwise, enjoy other real estate services (with the help of a flat fee real estate broker) depending on the chosen package. You can find the best services by searching flat rate realtors near me or flat fee real estate brokers near me and can buy flat fee listing package that suits you the most. You can find the best services by searching flat rate realtors near me or flat fee real estate brokers near me and can buy flat fee listing package that suits you the most.
How Does Flat Fee MLS Listing Work?
Once you decide to list your home on the MLS through a low cost real estate listing company and choose one of the packages offered by them. After receiving all the required details of your house, the fixed fee listing agent will make your listing live on the MLS and other real estate websites. Subsequently, the buyer agents will be able to view your property on the MLS and recommend it to prospective buyers.
Alternatives to Flat Fee MLS Companies in Illinois
Primarily, while selling a home by the owner it is always recommended to go with a Flat Fee listing Illinois service like Houzeo, as it is the most affordable and effective way of getting your home sold.
However, there are a few other ways of selling your home as an alternative to a Flat Fee MLS listing Illinois service. They are:
Discount Brokers Flat-Fee Real Estate Agents
Discounts brokers are those brokers – can be companies or individuals – who work at a discounted fee or a flat fee, instead of a 2%-3% standard listing agent commission. Their fee can be as little as 1%. However, do remember this, you still have to pay the buyer’s agent commission of 2%-3%. Assisting you in every possible way to sell your house, discount real estate brokers Illinois can a good alternative for home sellers.
|Redfin||1.5% (minimum varies)|
🔍 Explore more: Want to know more about Redfin? Read our detailed guide!
Selling without an MLS listing
This alternative is suggested only when you have a buyer ready to buy your house. If you have a buyer lined up then you don’t need to pay a flat-fee or hire an agent or a discount broker for your home sale.
If you don’t have a buyer and you go with not listing on the MLS then you are potentially losing out on 88% of the buyers who are buying through an agent, and agents #1 way of finding a fantastic home for their clients is… you guessed it right, it is the Multiple Listing Service, the MLS. You don’t want to keep your property on the Texas MLS without any buyer offers, do you?
If you don’t use an MLS then you can only rely on social media marketing and sites like Facebook Marketplace and Craigslist, or worse… your yard sign.
Some property owners may find that companies buying houses for cash are a good alternative. They are a good option as they come with a slew of advantages like easy closing process, no requirement to pass inspections, no need for open houses and you won’t even have to take the effort to clean and repair your house. Whether you’re a real estate investor or just a regular home seller, selling a home that requires a lot of work can be a hassle. Most of the retail buyers will be unable to acquire your home if it is unsightly or requires extensive modifications. Here’s when cash companies can help you.
However, the primary drawback of selling to a cash home buyer is that you might miss out on the open market competition, which you will only see if you list through a Flat Fee Realtor. There are also chances that you might end up selling your house at a lower price than expected.
iBuyers are companies that will buy your home for cash outright. The price is decided with the help of their proprietary algorithm, recent real estate data, and their in-house experts. An iBuyer can offer and close the deal within 24 hours, however, there are certain pitfalls when dealing with an iBuyer.
- Their offer price is sometimes way lower than the actual market price
- Their offer price is often non-negotiable
- They charge steep service fees – generally 5%-14% of the purchase price
Hence, iBuyers are only recommended if you want a quick sale rather than save your money.
Frequently Asked Questions About Flat Fee MLS Listing Illinois
Can You List on MLS Without a Realtor?
In order to access the MLS, or list your home on the MLS, you need to be a registered broker or a real estate agent. A civilian cannot access the MLS without a broker or an agent. A flat fee MLS service in Illinois allows you to list your home on the MLS, edit your listing, and upload photos.
Do You Need an MLS to Sell Your Home?
Since 88% of buyers purchase their homes through an agent, and agents majorly use MLS as a source to find properties for their clients, it only makes sense to have your home listed on the MLS. So, yes, you do need MLS to sell your home otherwise you cut out 88% of potential buyers.
However, if you already have a buyer lined up – maybe your friend, family member, or a relative – then you can make a home sale without listing your home on the MLS.
How Much Do Flat Fee MLS Services Cost in Illinois?
A flat-fee MLS listing package in Illinois can cost you anywhere between $200-$400. However, there were some basic plans for as low as $100 and some comprehensive packages can charge up to $800.
Do I Still Need to Pay the Buyer's Agent Commission?
Yes, you do need to pay a 3% buyer’s agent commission if your buyer is represented by an agent. A flat fee MLS listing service will only save you listing agent’s commission of 3%. However, if you are lucky enough to find an unrepresented buyer then you save this 3% as well.
How Do I Sell by Owner in Illinois?
As per the real estate laws in Illinois, an FSBO seller needs to disclose all material defects about their home. These disclosures will include:
Safety and building
Insects and pests
Environmental concerns (asbestos or lead paint)
You need to disclose this information using a real estate property disclosure form. You can download the form from here.
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