New York home prices have increased 14% in the past year to reach an average of $300,000. It’s a thriving seller’s market throughout 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!
» In this guide, we’ll cover:
- Rankings: Flat Fee MLS New York Companies
- How Much Does Flat Fee MLS New York Listing Cost?
- Detailed Reviews of the Best Flat Fee MLS Listing Services
- Alternatives to Flat Fee MLS New York Companies
- Frequently Asked Questions
Flat Fee MLS New York Companies – Rankings
|Flat Fee MLS Service||Price||Hidden Fees||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|2. Flat Fee Realty||$179||0.1% to 0.25%||❌||❌||❌||❌||❌|
|3. Realmart||$695 (+1% at closing)||None||❌||❌||❌||❌||❌|
|5. Net Realty Now||$1,299||None||❌||❌||❌||❌||❌|
|6. I Sold My House||$199||None||❌||❌||❌||❌||❌|
|7. Flat Fee Group||$199||None||❌||❌||❌||❌||❌|
Real People, Real Stories
How Much Does a Flat Fee MLS Listing Cost?
There are 2 types of costs associated with a Flat Fee MLS listing:
- Upfront Flat Fee: This is what you’ll pay to get on the MLS. Typically the upfront fee is between $300 to $500.
- Fees at Closing: Typically there’s no fee at closing in New York for a Flat-Fee MLS listing agent, unless you purchase additional services like a “Contract to Close Consulting Package” or select one of the high-service plans.
- Hidden Charges (🚩): Many unscrupulous brokers will reel you in with a $99 listing. Buyer beware – that’s just the start. You’ll be frustrated paying an additional $500+ in hidden fees. A $50 yard sign will be sold you to for $135. Some brokers will charge you hidden fees at closing, but you’ll only find out about these when you’re ready to close. That’s way too late to do anything about it.
7 Best Flat Fee MLS New York 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”
2. Flat Fee Realty
Flat Fee RealtyLearn more
- Listing Fee: $199
- 0.1% to 0.25% additional fees
- Limited coverage
Flat Fee Realty is best for affordable plans, but there are things that you should know before you list with them.
- One of the cheapest options for Flat Fee MLS New York
No credible reviews were found about this flat fee MLS listing New York service!
Covers only some areas in New York state.
- Listing Fee: $399-$695 (+1% at closing
- Lists within 48 hours
- Lots of à la carte services
👉 Realmart offers comprehensive flat fee MLS New York MLS packages from $295 to $695, plus optional services on a la carte basis.
📢 They list your property on MLS New York within 24-48 hours. Buyers can visit their website to search for properties. Your listing shows up on local MLS and various real estate websites like Zillow, Trulia, Redfin, and more.
✄ You can opt for professional photography, digital lockboxes, comparative analysis reports, and web traffic reports on a la carte basis. If you wish to turn to full service instead of FSBO, you get to switch for a full-service agent any time.
- Several à la carte services to choose from with NY MLS plan
- Money back guarantee if you switch to a full-service agent
- Expensive packages
- NYC MLS listing is not 100% online
Realmart has a (195 total reviews) on popular review site Trustpilot.
Realmart covers all the major MLS’ in New York.
- Listing Fee: $499-$1499
- List within 48 hours
- Covers entire NY
Hauseit is a flat fee MLS New York based company that lists your home on the MLS and helps you save agent commissions.
👉 Hauseit offers some of the costliest Flat Fee MLS New York packages. The Base package starts ate $499 and the Core package will cost you $799. The Professional package will cost you $1,499.
📝 Note: No matter which package you buy, they only list your home on REBNY RLS and MLS Long Island for only 6 months.
📢 They cover major local MLS like MLS Long Island aka OneKey MLS-NY, Hudson Valley MLS, New York City MLS. Plus, your listing goes live on various real estate websites like Zillow, Trulia, Redfin, Realtor.com, etc.
📞 Whenever a buyer or buyer agent shows interest in your listed property, those inquiries are passed to you via email and phone.
How to Sell a House By Owner
- Free changes to your listing
Hauseit has a (39 total reviews) on popular website Yelp.
Locally based in New York, and covers the entire state!
5. Net Realty Now
Net Realty NowLearn more
- Listing Fee: $299-$1299
- Up to 150 photos
- No social media exposure
👉 Net Realty Now is a Flat Fee MLS listing New York services that allows you to list your property for a flat fee of $299. You can upload up to 50 photos and do virtual tours, make unlimited changes to your listing. They also give you comparable sales information on similar properties (if available).
📢 Your home is listed on the MLS for 6 months on MLS Long Island, MLS Hudson Valley and MLS Manhattan.
✄ There is no scope for customization. Their flat fee MLS New York full-service package comes for $1,299. Buyer leads are sent to you but the mode of communication is not mentioned on the website.
📝 Note: Their website doesn’t have any buyer features or social media sharing, which decreases your chances of finding an unrepresented buyer.
Paperwork for Selling a House Without a Realtor
- You can upload up to 150 photos
No reviews found on enough credible websites to provide a positive or negative rating for this company.
Net Realty Now covers only major MLS’ in New York.
6. I Sold My House
I Sold My HouseLearn more
- Listing Fee: $299
- List within 48 hours
- No customization available
I sold my house is a Flat Fee MLS listing service that helps you to avoid the high costs of a traditional real estate agent.
👉 Their basic plan starts at $299 and goes up to $399. You can attach vibrant photos ranging from 10 to maximum attachments allowed by MLS. Sellers can list their homes on the website’s homepage and sidebar for an additional fee of $50/month.
✄ Their packages do not provide much options of customizations. Moreover, they do not have a lot of à la carte options.
Selling a House in New York By Owner
- You save money on listing commission
- No additional fees for scheduling an open house
- Multiple complaints about customer service
Covers major MLS’ in New York
7. Flat Fee Group
Flat Fee GroupLearn more
- Listing Fee: $177-$795
- Low on Tech
- Less savings
- A Flat Fee option is available
No credible reviews found for this Flat Fee MLS listing service.
They provide flat fee MLS listing service throughout New York.
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.
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 New York Companies
Apart from some of the best flat fee MLS companies in New York, some Flat-Fee MLS listing websites are quite notorious for marketing gimmicks and predatory practices.
⚠️ Hidden charges: Some companies offer free listing on the MLS and then charge you a percentage at the time of closing. They might also slap some hidden charges on you and make you pay thousands of dollars when you only expected to get it done for free.
📝 Note: The companies we mentioned above are all reliable and trusted real estate brands among home sellers.
However, if you still have unresolved concerns about flat fee MLS companies in New York then we suggest you go with these options:
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%.
🔍 Explore more: Read more about the best Discount Brokers and flat Fee brokers
Selling without an MLS listing
This alternative is suggested only when you have a buyer ready to buy your house. Having a buyer lined up means you won’t pay a flat fee or hire an agent 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.
🎯 Agent’s #1 choice: Most agents prefer Multiple Listing Services, or MLS, to look for homes for their clients.
If you don’t want to use an MLS, you can rely on social media marketing and sites like Facebook Marketplace and Craigslist, or even your yard sign.
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 many a times 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.
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
- no efforts to clean and repair your house.
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.
Frequently Asked Questions About Flat Fee MLS New York
What are the best Flat Fee MLS companies in New York?
2. Flat Fee Realty
5. Net Realty Now
6. I Sold My House
7. Flat Fee Group
What is a Flat Fee in Real Estate?
When you are selling your home you have two options: either sell via an agent or sell it yourself aka for sale by owner. If you go with an agent, you will have to pay 2%-3% to them as agent commissions, however, in the second method, you list your home with a Flat Fee MLS listing service for an upfront flat fee and eliminate the listing agent and their commission, thus saving you 3% of your selling costs right away.
Is Flat Fee MLS Legal?
Flat Fee MLS is legal all over the United States, including in New York. In fact, the US DOJ just updated their bulletin highlighting the benefits of Flat Fee MLS for For Sale By Owner home sellers.
Are Flat Fee Realtors Good?
Some home sellers are skeptical about flat-fee agents because they work for such a low price but a Flat Fee MLS listing service like Houzeo stands out with its excellent services, maximum savings, and praiseworthy customer support.