From Athens to Spindletop, Flat Fee MLS services have helped poeple of Lexington save thousands in 2024. Flat Fee MLS Lexington services will list your house on the MLS for a fraction of what you’d pay a 6% Realtor.
There’s more good news. You save the 3% listing agent commission with a Flat Fee MLS listing in Lexington. You will also save on the 2.5% to 3% buyer agent commission with the NAR Settlement. That’s a potential saving of $20,100 on an average $335,000 home in the Horse Capital of the World!
Rankings: 8 Flat Fee MLS Lexington Companies in 2024
Flat Fee MLS Service | Price | 100% Online | Offer Management | Showing Management | 5-star Reviews | Mobile App |
---|---|---|---|---|---|---|
1. Houzeo.com | $399 | ✅ | ✅ | ✅ | ✅ | ✅ |
2. Mink Realty | $299-$999 | ✅ | ✅ | ✅ | ❌ | ❌ |
3. MLSCO Realty | $379 | ❌ | ❌ | ❌ | ❌ | ❌ |
4. Flat Fee Realty | $249 | ❌ | ❌ | ❌ | ❌ | ❌ |
5. I Sold My House | $399 | ❌ | ❌ | ❌ | ❌ | ❌ |
6. FSBO.com | $399.95 | ❌ | ❌ | ❌ | ❌ | ❌ |
7. List With Freedom | $295 | ❌ | ❌ | ❌ | ❌ | ❌ |
8. Flat Fee Group | $299 - $499 | ❌ | ❌ | ❌ | ❌ | ❌ |
$ – This service comes at an extra fee.
Reviews: 8 Best Flat Fee MLS Lexington Listing Services
1. Houzeo
#1 Flat Fee MLS Service
Houzeo.comHouzeo is a high-tech platform with easy listing, fast changes, and online showings and offers.
You can choose from 4 Flat Fee MLS packages:
- Bronze Package – $399+$350 at Close: This package offers a Houzeo listing only for 6 months with 24 photos.
- Silver Package – $399+0.5% at Close: This offers maximum photo upload and provides you with seller disclosures.
- Gold Package—$429+0.5 % at Close: This is Houzeo’s signature MLS package and includes all the technology Houzeo is known for, such as Houzeo Showings, Houzeo Offers, and DigiTransact.
- Platinum Package – $449+1% at Close: It includes the assistance of a licensed broker to help you with negotiations, seller disclosures, and closing.
👉 Our Take: We recommend the GOLD plan. You’ll have access to Houzeo tech, making managing showings and offer negotiations easy! Before you list, confirm all prices on your particular state’s pricing page.
» Houzeo Reviews: Find out why 10,000+ Americans love Houzeo.
Houzeo is America’s #1 Flat Fee MLS service because of 5 reasons:
- Max Exposure: Houzeo’s listing packages get your home on Zillow, Trulia, Realtor.com, Redfin, and 100s of other real estate websites.
- 5-star Customer Service: Houzeo has a fully staffed customer service desk available 6 days a week. Chats and emails are open 7 days a week.
- 100% Online: Houzeo is a high-tech platform with easy listing, fast changes, online showings, and online offers. Its powerful house search app makes your home visible to potential buyers on the go.
- No Hidden Fees: All fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the traditional listing agent commission.
- Free Home Value Estimator: Now, you can get a free home value estimate within 30 seconds. It helps you set a listing price.
There are no dealbreakers with Houzeo.
» Is Houzeo Legit? Houzeo addresses all Houzeo complaints from home sellers.
Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.
» Houzeo Reviews: Houzeo is rated “Excellent“ by 10,020+ home sellers.
Houzeo.com is Kentucky’s #1 ranked Flat Fee MLS service. Houzeo provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology.
In Kentucky, the Bronze package costs $399 + $350 at close. The Silver package costs $399 +0.5% at close and the Gold package costs $429 +0.5% at close. The Platinum package costs $449 +1% at close.
» Flat Fee MLS Kentucky: Check our rankings of the best Flat Fee MLS companies in Kentucky.
2. Mink Realty
MID-RANGE OPTION
Mink Realty- Listing Fee: $299 - $499
- Additional Fees: $25-$700 for optional services + $250 at closing
- 5/5 (70+ reviews)
Mink Realty offers three flat fee MLS listing packages.
- Silver package – $299 + $500 at closing: Best for selling land or lot. Includes a listing term of 6 months with 6 photos. You get email support only.
- Gold package – $499 + $500 at closing: Includes a listing term of 6 months with 50 photos. Additionally, you get a yard sign, a showing time app, and social media posts.
- Platinum package – $499 + $2,500 at closing: You get all the services from the Gold plan with Realtor assistance offers, closing contract review, negotiations, repair requests assistance, etc.
Listing Upgrades:
- Realtor Assistance: $800
- 6-month Listing Extension: $250
- Upgrade from Silver to Gold: $200 and many more
👉 Our Take: The lowest package only allows land or lot listing. The $499 Gold package is a comprehensive one for seasoned sellers.
» What is Mink Realty? Read this to learn more about the company.
Here are some of Mink Realty’s best features:
- Market Exposure: Your property will get syndicated on many local and national websites like Remax, Zillow, Trulia, Realtor.com,
- Buyer Lead Forwarding: All buyer leads are directly forwarded to you with no agent interference.
- Customer Support: The Platinum package offers both email and phone support. All other packages provide only email support.
- Coverage: Mink Realty offers Flat Fee MLS services across the state of Kentucky.
In our research, we found no red flags with Mink Realty. Donna Mink has a stellar reputation within the broker community.
Mink Realty, however, has a significant number of upgrades. If you choose a basic plan, we advise you to set aside money for these costs because they can quickly mount up.
Mink Realty has an “Excellent” 5 out of 5-star rating from 70+ total reviews on Houzeo.com.
» Mink Realty Reviews: Read what Houzeo home sellers have to say about working with Mink Realty.
Mink Realty is our #2 ranked Flat Fee MLS service in Kentucky. What sets Mink Realty apart is its Managing Broker – Donna Mink.
Donna Mink is an experienced Flat Fee MLS broker and has represented thousands of home sellers. With Mink Realty you can list and sell properties all over the state of Kentucky and Indiana.
3. Flat Fee MLSCO Realty
CONSULTATION PROVIDED
MLSCO RealtyMLSCO Realty offers a single Flat Fee MLS package.
- Flat Fee MLS Listing – $349: The package includes a listing term of 12 months with up to 50 photos. You are provided a home valuation report if requested.
👉 Our Take: MLSCO offers only 1 flat fee plan with limited services. However, a single package limits you from landing on a much better option.
MLSCO Realty has a few potential benefits for Louisville home sellers.
- Market Exposure: Your property gets listed on many popular websites like Zillow, Trulia, Realtor.com, and many more.
- Quick Listing: The MLS listing procedure is fast. Your listing gets activated within 24 hours.
- Offer Negotiation Support: You get an offer and negotiation consultation.
- Free Cancellation: The 12-month listing can be canceled anytime without any additional costs.
In our research, we have found certain drawbacks of MLSCO Realty.
- Expensive À La Carte Services: Services like e-lockbox and home showing are relatively expensive than other FSBO Flat Fee MLS listing competitors.
- No Credible Customer Reviews: MLSCO Realty doesn’t have customer reviews on trustworthy websites like Google, or Yelp.
- Extra Charges for Listing Photos: You have to pay $60 extra if you want to upload more than 50 photos to your listing.
MLSCO Realty has no credible ratings available on Google or Yelp.
MLSCO Realty offers only one package for $349. Your Lexington Flat Fee MLS listing gets activated within 24 hours.
However, services provided in MLSCO Realty’s Flat Fee MLS package are minimal. You can get better services for the same price if you list with companies like Houzeo.
4. Flat Fee Realty
UNLIMITED LISTING TERM
Flat Fee RealtyFlatFeeMLSRealty offers three real estate listing packages to suit different needs and budgets:
- Silver Package – $99: This package includes a 3-month listing term and up to 15 photos with 10 listing changes.
- Gold Package – $249: This package comes with a 6-month listing term and enables you to include up to 50 photos with unlimited listing changes.
- Platinum Package – $549: This package has unlimited listing terms and changes with 25+ HD photos.
👉 Our Take: Flat Fee Realty is an affordable option. However, they do charge additional fees for optional upgrades like additional photos and listing changes.
These are some pros of Flat Fee Realty in the areas it operates:
- Cost-Effective: Flat Fee Realty offers an affordable flat fee listing package.
- Free listing Changes: You can make changes to your listing without paying any additional fees.
- Easy Cancellation: You can cancel anytime and get a refund within 30 days of purchase. If you decide not to sell your home, some of your listing fees will be refunded.
In our research, we have found certain drawbacks of Flat Fee MLS Realty.
- Not for First-Time Sellers: Flat Fee MLS Realty may not be ideal for you if you are a first-time seller. You’ll have to conduct tours and communicate with buyers on your own.
- Expensive Add-ons: For services like professional photography, you have to pay an additional $460 with the Silver package and $300 with the Gold package.
Flat Fee MLS Realty has 4.3 out of 5 stars from 90+ total reviews on Google.
» Flat Fee Realty Reviews: Read our in-depth review of Flat Fee Realty.
Flat Fee Realty offers a single Flat Fee MLS package that varies by state. With this package, you get free listing changes and related disclosures.
However, Flat Fee Realty requires you to pay a minimum 2% buyer agent commission, 0.25% of which goes as a kickback to your listing agent. This means you end up paying a small commission to the listing agent at closing.
5. I Sold My House
Low Tech, But Great Broker
ISoldMyHouse.comISoldMyHouse.com offers 2 Flat Fee MLS packages:
- Get Listed – $299+: This plan allows you to list on the MLS for 6 months with 6–10 photos. It is ideal for rentals and smaller homes.
- Get Sold – $399+: This package allows you to list on MLS for 12 months with 25 photos.
👉 Our Take: ISoldMyHouse.com is a reliable choice for selling homes in the eight states it serves. In the remaining states and DC, it functions as a referral service.
» ISoldMyHouse.com Pros and Cons: Read our in-depth review of ISoldMyHouse.com
These were some pros of ISoldMyHouse.com that we found in our research:
- Fast Listing: Your home is listed on the MLS within 24 hours from the time you submit your details.
- Market Exposure: Your MLS listing gets syndicated to websites like Zillow, Trulia, Redfin, and Realtor.com.
- Buyer Leads Forwarded: All buyer leads are directly forwarded to you with no agent involvement.
In our research, we found some deal breakers associated with ISoldMyHouse.com:
- Limited Coverage: ISoldMyHouse.com is licensed to provide direct services in 8 states. In the rest of the region, it works as a referral service.
- Limited Technology: ISoldMyHouse.com listings have manual paperwork, which takes up a lot of your time to get listed on the MLS.
- Expensive Add-ons: It’s à la carte services, essential for home sellers, come with a hefty price tag.
ISoldMyHouse.com has a rating of 4.6 out of 5 from 10+ reviews on Better Business Bureau.
» ISoldMyHouse.com Reviews: Do consider reading these reviews before choosing ISoldMyHouse.com
iSoldMyHouse is a great choice in the 8 states it covers. Kris Lippi, the Broker Owner of iSoldMyHouse is an experienced Flat Fee broker with thousands of transactions under his belt.
In the remaining 42 states and Washington D.C., iSoldMyHouse.com is only a referral service. They act as a middleman and will sell your information to a local broker who will help you list on MLS.
6. FSBO.com
NATIONAL REFERRAL COMPANY
FSBO.comFSBO.com has 2 packages for FSBO home sellers:
- $99.95 – FSBO Package: This package lists your property on FSBO.com and Redfin for 6 months. You can upload unlimited photos and a video. It allows you to make changes and cancel your listing anytime.
- $399.95 – MLS Package: With this package, your property is listed on the MLS for 6 months with 20 photos. Your listing is syndicated to Zillow, Realtor, and Trulia.
Listing Upgrades
- Classic FSBO.com Yard Sign w/ Stand: $75
- Open House Posting: $50
- Directional Arrow – For Sale By Owner: $12
- Sign Riders: $12
👉 Our Take: FSBO.com has been in business since 1997. They allow you to customize the plans by offering some services separately. You can add or skip these services based on your needs.
» Pros and Cons of FSBO.com: Read to know what sellers have to say about FSBO.com
Here are some key highlights of listing with FSBO.com:
- Multiple Categories of Listings: You can feature your listing in a special section dedicated to foreclosure, pre-foreclosure, tax lien, or bankruptcy.
- User-Friendly Interface: The website is easy to navigate. This helps you to easily create your listing and add property information.
- Nationwide Coverage: With FSBO.com your property gets a nationwide exposure.
During our research, we identified several disadvantages of listing with FSBO.com:
- Limited Automation: FSBO.com shares your information with a local broker who does the listing for you. You have to do all the paperwork manually.
- Unpredictable Broker Quality: Sellers are connected with local brokers for listing. Moreover, online FSBO.com reviews are mixed.
- Extra Charges for Listing Photos: You need to pay $50 extra for uploading more than 20 photos to your listing.
- Expensive à la carte Services: You need to pay $50 – $150 for services like e-lockbox rental, showings, yard signs, and open house postings.
FSBO.com has no credible customer reviews on popular review sites like Google or Trustpilot.
» FSBO.com Reviews: Read why the oldest FSBO website isn’t the best anymore.
FSBO.com is available in all states, with coverage in 50+ markets. FSBO allows sellers to list their property for sale while saving on the listing agent commission.
But you should know that additional services can add up to a total of $335 in costs! For example, If you wish to avail of CSS showing service, and e-lockbox rental, then you have to pay $75 and $150 over your flat fee package, respectively.
7. List With Freedom
COMPREHENSIVE PACKAGES
ListWithFreedomListWithFreedom provides 3 packages:
- Gold Package – $89: This package allows a listing term for 6 months and 25 photo uploads with unlimited changes.
- Platinum Package – $195: This is the most popular package with 6 months listing term. It allows maximum photo uploads.
- Platinum+ Package – $395: With this plan, the listing term is 12 months, with an online showing scheduler and maximum photo uploads. However, you must pay an additional 0.25% fee at closing.
👉 Our Take: ListWithFreedom can be a decent choice for experienced sellers. However, they offer additional services at a higher cost.
ListWithFreedom is one of the oldest Flat Fee MLS services based out of Florida. Here are some of its best features:
- Affordable Pricing Plans: ListWithFreedom listings start at $89.
- Unlimited Listing Changes: You can make unlimited modifications to any of their packages.
- Buyer Leads Forwarding: All buyer leads are directly forwarded to you with no agent involvement.
ListWithFreedom has two major drawbacks you should know about:
- Additional Fee at Closing: ListWithFreedom charges between 0.25% to 0.5% at closing (over your one-time flat fee payment).
- Average Customer Reviews: ListWithFreedom does not enjoy robust customer reviews. Past sellers said that their experience was just average.
ListWithFreedom has a 4.7 out of 5 stars rating from 590+ reviews on Google.
» ListWithFreedom Reviews: Is ListWithFreedom Legit? Read our blog to find out.
Ralph Harvey headed List With Freedom has affordable MLS listing KY packages that are ideal for an experienced seller. The listing process is quick and simple.
However, you can only get MLS listings with List with Freedom as they do not provide any pricing or negotiation assistance. Pricing your home just right will attract more buyers but can be a complicated process. If you are new to the market make sure you get proper guidance or lose thousands of dollars.
🚩 Fees at Closing: List With Freedom charges a 0.25% fee at closing. They do not disclose this fee upfront on their “Pricing” page.
8. Flat Fee Group
CUSTOMIZABLE PACKAGES
Flat Fee GroupFlat Fee Group offers 3 – 4 packages depending on the state.
- Common services include an MLS listing within 48 hrs and a listing term of 1 to 12 months. Some full service packages offer home listing until they are sold.
👉 Our Take: Flat Fee Group works on an agent referral model. It works with a variety of flat-fee brokerages, and no two homeowners will have the same experience.
» Pros and Cons of Flat Fee Group: Read our in-depth analysis of Flat Fee Group.
Flat Fee Group offers its services in most states of the U.S. Some pros of Flat Fee Group are as follows:
- Customizable Packages: You can customize your package with Flat Fee Group for a small additional fee.
- State Disclosures: Flat Fee Group provides all necessary contracts, forms, disclosures, and addendums that you will need.
- Market Exposure: Get listed on many popular websites like Zillow, Trulia, Realtor.com, HotPads.com, Yahoo Homes, and many more.
In our research, we have found certain cons of Flat Fee Group:
- Limited Automation: You’ll have to conduct tours and communicate with buyers on your own. The listing process is manual and time-consuming.
- Additional Fees: The closing costs can differ significantly depending on your state and choice of listing. You must budget for these if you do not want to be caught off-guard.
- No Credible Reviews: Flat Fee Group has no credible reviews on major review websites.
» Houzeo vs. Flat Fee Group: Understand how Houzeo exceeds all expectations with this in-depth comparison.
Flat Fee Group has no customer reviews on popular sites like Google or Trustpilot.
» Flat Fee Group Reviews: Read our in-depth reviews on Flat Fee Group and choose accordingly.
Flat Fee Group.com’s pricing and multiple packages may seem attractive when listing a property for a flat fee. However, it works with a variety of different flat-fee brokerages, and not every homeowner will have the same experience.
Flat Fee Group has packages starting from Bronze at $199 to Platinum at $999. The Bronze package helps you get listed for 3 months and the Platinum package lists you on the MLS till you get your home sold.
How Do Flat Fee Listing Services in Lexington Work?
Lexington Flat Fee Multiple Listing Services get your home on the MLS for a fixed fee. However, only licensed agents can access the MLS. So, the top flat fee services in KY work with these agents to list and market your home.
All you have to do is choose a plan that best suits your home-selling needs. And voila! You save thousands.
Once the MLS listing is live, buyer agents can view your property on the MLS and subsequently recommend it to prospective buyers.
How Much Can You Save With a Flat Fee MLS KY Listing?
It depends on who you work with. A traditional full-service agent charges a 2.5% to 3% commission. On the other hand, a Lexington flat rate MLS listing service like Houzeo costs $399, with a closing fee of just $350.
Imagine a $335,000 home in the Horse Capital of the World; you would pay $10,050 to the listing agent. However, listing with Houzeo would save you $9,301.
Service Provider | Fee | Commission Due | Savings |
Traditional Agent | 3% | $10,050 | $0 |
Houzeo | $399 | $749 | $9,301 |
Lara Shane Saved $24,000 With Houzeo, You Can Too!
Start Your Home Selling Journey
NAR Settlement Saves Sellers Thousands in Commission
The NAR Settlement went into effect on August 17, 2024. Buyer agent commissions can no longer be offered on the MLS. This means sellers will save thousands! But it also means there’s a lot more compliance and litigation risks.
Here’s what this means for you:
- Sellers Can Save Thousands in Commissions: You will likely pay much less than the traditional 3% buyer agent commission. That’s because buyer agent commissions will be negotiated twice: Once when buyers engage buyer agents, and again when sellers review offer contracts.
- Seller Priority #1 Will Be Paperwork (to Mitigate Compliance & Litigation Risks): Buyer agents mitigate all types of risks. From seller disclosures, offer contracts, contingencies, inspections, repair requests, appraisal, and closing – Buyer agents keep the paperwork tight. Their state licensing authorities, Realtor associations, and MLS’ audit paperwork compliance. Without buyer agents, sellers will have to learn and adapt. Or risk expensive litigation.
- Negotiations Can Now Feel Like Haggling: Buyer agent commissions will now be part of offer contracts and buyer agency agreements. Buyers may ask sellers to include commissions in the form of seller concessions. That means home buyers and sellers alike will be negotiating commissions. Sellers will need expert licensed brokers to help them with these negotiations.
- Buyer Agent Commissions Can Be Offered Offline: Buyer agent fees can still be offered outside of the MLS. They just cannot be advertised on the MLS.
How to Choose the Best Flat Fee Listing Service in Lexington?
Here’s what you must consider when choosing KY Flat Fee MLS companies:
- Affordable Pricing: Select a Flat Fee MLS listing service that offers plans ranging from $300 to $800. Low listing costs may help you free up funds for other expenses like home staging or repairs.
- Maximum Exposure: Ensure that the KY Flat Fee MLS service provider gets your home on all the MLSs in your area. This will increase your home’s visibility.
- Maximum Photos: The MLS company must allow you to upload at least 22 pictures of your house. Professional photos taken from different angles help potential buyers visualize the property.
- Extended Listing Term: Choose a Flat Fee MLS Lexington company that keeps your listing live for at least 6 months. This way, you can wait for a better offer instead of feeling rushed to accept a less desirable one.
- Quick Listing: Select a local Flat Fee MLS Lexington listing service that gets your home on the MLS quickly. The faster your home is on the market, the less likely you will miss out on potential offers.
How to List on Lexington MLS via Houzeo
Follow these steps correctly to get an active MLS listing with Houzeo in 48 hours:
- Create Your Account: Download the Houzeo mobile app or go to Houzeo.com and click “Start Listing Now.” You’ll then have to provide basic information, like your name, contact details, etc., to set up your account.
- Enter Property Details: Go to the Houzeo dashboard and click “Sell a Property.” Submit details about your home, such as the number of rooms and baths, square footage, etc.
- Set Your Asking Price: Use online tools to check the value of your home and set the asking price accordingly.
- Choose Your MLS Plan: Houzeo offers 4 flat fee packages. Once you select a plan, the necessary documents will be automatically assigned to you. Completing the listing agreement will take just 20 to 30 minutes if done correctly.
- Add Property Description and Photos: Highlight your property’s key features to attract potential buyers. Upload high-quality photos showcasing major rooms and amenities such as a home gym or installed solar panels.
» Houzeo Reviews: Find out why Houzeo is one of Lexington’s best Flat Fee MLS listing services.
Alternatives to Lexington Flat Fee Listing Services
Lexington flat rate listing services are the best option for home sellers looking to retain most of their home equity.
However, if you don’t want to save your hard-earned equity, here are a few options for you:
- Discount Real Estate Brokers: They are licensed real estate professionals who offer the same services as traditional agents but for a lower fee. Discount real estate brokers in Lexington charge between 0.5% to 2% commission.
- Full-Service Realtors: They are real estate agents or brokerages that offer comprehensive services, including marketing, negotiation, paperwork, closing assistance, etc. However, they charge a 5% to 6% commission for their services.
- iBuyers/Cash Home Buyers: iBuyers, such as Opendoor and Offerpad, purchase homes directly from sellers. They have strict home-buying criteria. Cash buyers in Lexington make offers for distressed houses within 24 to 48 hours.
- For Sale By Owner Websites: For Sale By Owner websites in KY allow homeowners to list and sell their properties without the assistance of a real estate agent. However, your home won’t get the MLS exposure it deserves.
Final Word
You don’t need a full-service agent to sell your home in the Horse Capital of the World.
With a flat fee listing on Houzeo, you can take control of your sale and save thousands. Get the same MLS exposure and expert tools at just $399 instead of a whopping 3% agent fee.
Frequently Asked Questions
Which is the best Flat Fee MLS listing service in Lexington, KY?
Houzeo is one of the top flat fee services in Lexington because of its advanced tech and stellar customer reviews. Mink Realty and MLSCO Realty are other great options.
Can I list on the MLS without a real estate agent?
Yes, you can list your home on the MLS in Lexington without a real estate agent. Opt for a Flat Fee MLS listing service and eliminate the 3% listing agent's commission.
Is Flat Fee MLS legal in Lexington?
Flat Fee MLS is legal all over the United States, including Lexington.
Is a seller’s disclosure required in Lexington?
Yes! The KY seller disclosure form reveals all material defects and the general state of your property to potential buyers.
Why should I list my property on the Lexington real estate Multiple Listing Service?
Listing your property on the MLS ensures maximum visibility to buyers and agents, giving your home more exposure. Using a Lexington flat rate MLS listing service can help you avoid paying full commission to a real estate agent.