Tennessee home prices have increased 22% 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!
» In this guide, we’ll cover:
- Rankings: 7 Best Flat Fee MLS Tennessee Companies
- Reviews: 7 Best Flat Fee MLS Listing Services in Tennessee
- What is Flat Fee MLS?
- Alternatives to Flat Fee MLS Listing
- Frequently Asked Questions
Rankings of Flat Fee MLS Tennessee Companies
|Flat Fee MLS Service||Price||Additional Fees||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|3. Tennessee Flat Fee MLS||$149||None||❌||❌||❌||❌||❌|
|5. For Sale Martin Properties||$395||$45||❌||❌||❌||❌||❌|
|4. List With Freedom||$295||🚩0.25 commission||❌||❌||❌||❌||❌|
|6. Flat Fee Group||$5,000||None||❌||❌||❌||❌||❌|
Beware: Flat Fee MLS Tennessee Companies have High Hidden Fees
The biggest issue with Flat Fee MLS Tennessee 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!
Reviews: 7 Best Flat Fee MLS Listing Services in Tennessee
- 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
- Covers only major MLS’ in Tennessee
- Comparative Market Analysis
💼 Package: ResultsMLS has a monthly payment option for home sellers in Tennessee. Their Flat Fee MLS listings TN packages starts from $99 which is a monthly listing and $499 listing for 12 months with up to 25 photos.
➡️ Packages include comparable sales data to help sellers with home pricing and assist them in negotiating with buyers which is for an extra fee.
🏷️ The basic package has only 10 photos allowed and does not include unlimited changes in the listing.
While opting for their TN flat fee MLS listing service, do check if they provide For Sale By Owner services in your desired location.
ResultsMLS has a (24 total reviews) on popular review site Google Reviews
ResultsMLS covers only major MLS’ in Tennessee.
3. Tennessee Flat Fee MLS
Tennessee Flat Fee MLSLearn more
- Listing Fee: $99-$179
- Only 6 photos allowed
- Low on tech
💼 Package: Tennessee Flat Fee MLS is a Flat Fee MLS company in Tennessee providing affordable packages to home sellers.
They have three packages,
🏷️ first one costs $99 which lists your home for 6 months with 6 photos
🏷️ second one is for $149 lists for 6 months with 25 photos
🏷️ third one is for $179 lists for 12 months with 25 photos
📱 Technology: The company is low on technology, which means their website is not user-friendly and is not 100% online.
🚩 They have hidden fees that might cost you money for additional and important services to sell your home. So while searching for the best Flat Fee MLS services choose wisely and save thousands of dollars!
»SAVE: How to Wholesale Real Estate
No credible reviews are available
Tennessee Flat Fee MLS covers all the major MLS’ in Tennessee
4. For Sale Martin Properties
For Sale Martin PropertiesLearn more
- Listing Fee: $99-$395
- Available only in major MLS’ Tennessee
- Cancel Anytime-No Charge
For Sale Martin Properties is a Flat Fee MLS Nashville TN listing service for sellers looking to sell their house.
💼 Package: They have multiple packages to list houses in Tennessee. Packages start from $99 having basic listing services like 10 photos on the MLS with syndication to other real estate websites.
The higher package includes advanced services like listing with 30 pictures for 12 months, open house, unlimited changes, etc, for people looking to sell a house by owner.
📞 Additional support: This Flat Fee MLS Nashville TN listing service does not offer other additional services like assistance in pricing. The basic package only includes listing on Tennessee MLS’ and no other services which are necessary to sell your house.
🚩 They deduct $45 from buyer’s agent commission, do check their website for more information.
»SAVE: How to Sell a House By Owner
For Sale Martin Properties has a (19 total reviews) on popular review site Product Review
For Sale Martin Properties covers only major MLS’ in Tennessee.
5. List with Freedom
List With FreedomLearn more
- Listing Fee: $89 to $295
- Only major parts of Tennessee
- Best for experienced sellers
You can trust this Flat Fee MLS company in Tennessee as they have a good record in past.
💼 Package: List With Freedom provides all four packages with full customer support. They allow you to post only one photo while listing, so make sure you create your best listing photo.
👉 Their basic package starts from $89 which includes only one listing photo, 6 months listing term, listing on other listing companies like Zillow, Trulia, Realtor.com, Redfin, and more.
📱Customization: But in case you wish for extra services you need to pay an extra fee ranging from $25 to $40. So choose your package accordingly.
👍 This service is good for sellers who have an idea about how real estate works and doesn’t need much assistance.
List With Freedom has a (1,443 total reviews) on popular review site Trustpilot
List With Freedom covers all major MLS in Tennessee.
6. Flat Fee Group
Flat Fee GroupLearn more
- Listing Fee: $499-$5,000
- No hidden fees
- Low on tech
💼 Package: Flat Fee Group is a Flat Fee MLS listing service in Tennessee that offers flat fee packages as well as full-service packages.
Their Flat Fee MLS Tennessee packages range from $499 to $1,200, and their Full-Service package will cost you $5,000.
👍 They do not have any hidden fees.
📱 Technology: They are low on technology and that’s why some of your work might be done manually and would take a lot of time.
No credible flat fee service reviews are available.
Covers most of Tennessee
- Listing Fee: $99.95-$399.95
- Limited à la carte items
- Additional fees for FSBO supplies
💼 Package: FSBO is a Flat Fee MLS listing service in Tennessee that allows you to list on their website for $99.
However, the listing package ONLY lists your home on their website as an FSBO, if you want to list on MLS TN and want more services then you have to go with their $399 package.
📱Customization: They do not provide a lot of à la carte options, and they do not provide you with a real estate attorney or real estate photographer, not even on à la carte basis.
🚩 You have to pay separately for yard signs, open house postings, brochures, and other FSBO-related items as they are neither included in the package nor available on an à la carte basis.
FSBO has a (911 total reviews) on popular review site TrustPilot
Covers only major cities in Tennessee
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. 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.
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 Tennessee
As we talked about some of the best flat fee MLS companies in Tennessee, we should also tell you that some flat-fee MLS companies are quite notorious for marketing gimmicks and predatory practices like free listing on Tennessee MLS and then charging 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 pay hundreds of dollars.
🏅 The Tennessee flat fee MLS listing services reviews above are reliable and trusted real estate brands among home sellers and that’s why you should not worry about any malpractices from the aforementioned companies.
However, if you still have unresolved concerns about flat fee MLS TN companies, 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%.
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 Tennessee 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 Tennessee 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
- no need to take the efforts to clean and repair your house.
Whether you’re a real estate investor or just a regular home seller, selling an 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 Tennessee
What Are the Top Flat Fee MLS Companies In Tennessee?
These are the best Flat Fee MLS Companies In Tennessee that are reliable and credible: 1. Houzeo, 2. ResultsMLS, 3. Tennessee Flat Fee MLS, 4. For Sale Martin Properties, 5. List With Freedom, 6. Flat Fee Group, 7. FSBO
How Do I Evaluate Which One is the Best For Sale By Owner Website?
We’ve done it for you! We’ve evaluated all these sites based on the following dimensions: 1. Which website provides the most exposure to your property listing; 2. Which website allows you to offer a Buyer’s Agent Commission; 3. Which website offers the most control over your Tennessee MLS listing; 4. When you request changes, which site gets them done the fastest – because as they say, time is money!; 5. Which website provides the best value in terms of fees. Read the blog for a detailed comparison!
Is Flat Fee MLS legal in Tennessee?
Flat Fee MLS is legal all over the United States, including in Tennessee. In fact, the US DOJ just updated their bulletin highlighting the benefits of Flat Fee MLS for For Sale By Owner home sellers.
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