Flat Fee Group provides MLS services for FSBOs across the country. To sell a property on the MLS, one must first gain access to the local MLS, which is only available through a real estate agent. Flat Fee Group connects you with independent real estate agents to list your property on the MLS (MLS).
»Let’s see what will cover here :
- What is Flat Fee Group?
- Is Flat fee Group Legit?
- How does Flat Fee Group Work?
- How Much does a Flat Fee Group Cost?
- Reviews : Flat Fee Group
- Other Alternatives
- Final Word
What is Flat Fee Group?
Since its founding in 2003, the Flat Fee Group has grown to serve clients throughout the United States by connecting independent, flat-fee real estate brokerages with sellers. Sellers who want to list their home on the local Multiple Listing Service (MLS) without the personalized guidance of a real estate agent can use Flat Fee Group’s flat-fee MLS listing service.
You save a large sum of money by listing your property on the Multiple Listing Service (MLS) for a flat fee rather than paying a high commission ranging from 3 percent to 6 percent with Flat Fee Group.
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Is Flat Fee Group Legit?
Yes, Flat Fee Group.com is a national network of independent real estate brokers and each state is owned and run separately.
Each state broker/REALTOR® has extensive experience in the real estate industry, specializing in listing and selling properties. Therefore, you can count on Flat Fee Group to offer you decent service and assistance. Furthermore, feel free to call and ask questions, or simply place your order online.
Since it does not list properties or perform services itself, but instead refers the listing out to a cooperating broker in the seller’s area, the real estate agent experience may not be the same at different locations.
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How does Flat Fee Group Work?
A flat-fee brokerage, such as Flat Fee Group.com, helps sellers advertise their property on the Multiple Listing Service (MLS) at no cost to them. It does not list properties or conduct services of its own, but rather refers the listing to a broker in the seller’s region.
Besides, Flat Fee Group provides a variety of service levels that vary depending on the location of the property.
Let’s see how it works:
⭐ STEP 1- Choose the State
You select a state from the map on the main page to list your home.
⭐ STEP 2- Flat-fee MLS listing Package
Select the desired flat fee MLS listing package.
⭐ STEP 3- Sign Up
After choosing the package, sign up by entering your payment details.
⭐ STEP 4- Fill out the forms
Fill out the forms and property details.
⭐ STEP 5- Upload photos on MLS
Add the photos of your property to the MLS listing
⭐ STEP 6- List your home
You get to list your home listed within 24 to 48 hours.
💰Traditional Real Estate Agent With Minimal Interaction
Houzeo makes it possible!
Houzeo makes deals with top-rated, local agents across the country to get them to give you lower prices on Houzeo’s cutting-edge technology and 100% online platform. Houzeo’s tech-centric broker partners charge just the upfront flat-fee, and no commission for all DIY plans.
Let’s take a look at other features of Houzeo and Flat Fee Group :
|Feature Comparison||Houzeo||Flat Fee Group|
|Mobile App For Customers||✅||❌|
|Fast Listing Changes||✅||❌|
|3D or 2D Virtual Tour||✅||❌|
|Autofill Listing Details System||✅||❌|
🏆Become a Houzeo seller today for hassle-free transaction <<LIST NOW>>
How much does Flat Fee Group Cost?
Depending on your area and the sort of listing you seek, Flat Fee Group’s costs can differ significantly from one another, and the flat-fee service becomes more expensive the more in-depth the service is.
For example, in Florida, you just have to choose the packages ranging from $199 – $795 and pay a flat fee, with no commission charged on the sale. Compared to Wisconsin, where the listing packages range from $299- $599, you pay 1/2 percent at closing in the full-Services package, Iowa uses a hybrid approach, which means that you must pay both a commission at closing and an upfront fee.
Note that the Flat Fee Group’s package costs do not include the fee for the buyer’s agent, which is a crucial distinction to make. Sellers should provide buyer’s agents a commission of at least 2.5 percent of the total sales price in order to obtain the most amount of exposure possible. If you do not provide a buyer’s agent commission, it is doubtful that your home will obtain as many viewings as it would otherwise, and it may take longer to sell.
💸💲 Want to know the closing costs of your home?
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Reviews: Flat Fee Group
Let’s look at certain Pros and Cons of Flat Fee Group for a better understanding of their services.
|1. Seller Disclosures & Addendum||Flat Fee Group provides all necessary contracts, forms, disclosures, and addendums needed to sell or lease your property.|
|2. Listing on Popular Websites||Your property will be listed on many popular websites like Zillow, Trulia, Realtor.com, HotPads.com, Yahoo Homes, and many more!|
|3. Customization of Packages||If you are a seller and know which services you want to spend your money on, you can customize your package with Flat Fee Group for a small additional fee.|
|4. Save On Commission Costs||Flat Fee Group provides homeowners with a simple and direct method of listing their home on their local multiple listing service (MLS) for a one-time flat fee that can result in commission savings ranging from 3 percent to 6 percent|
|1. Region-based Flat Fee||Depending on your area and the sort of listing you seek, Flat Fee Group’s costs can differ significantly from one another.|
|2. Low Tech||Flat Fee Group is not 100% online which makes the process manual and time-consuming.|
|3. Not for Inexperienced Sellers||You’ll have to conduct tours and communicate with buyers on your own. Flat Fee Group may not be ideal for you if you are a first-time seller or lack time to manage your property sale.|
Flat Fee Group.com does not have any customer reviews as a company, but all of their customers have stated reviews about the local real estate agents that assist them in closing their sales. Flat fee Group real estate agents have received a lot of positive reviews on reputable platforms such as Google, and Zillow.
|BBB||5 out of 5 ratings ( 19 reviews)|
|4.8 out of 5 ratings (95 reviews)|
|Zillow||4.5 out 5 (36 reviews)|
The majority of Flat Fee Group customer reviews are good in terms of providing easy setup and quick listing on the Flat Fee Group website. Also, instead of using a traditional real estate agent, several of our customers have saved thousands of dollars by working with Flat Fee Group. Moreover, the majority of sellers stated that the brokers responded promptly and provided a wealth of tools to assist them in selling their properties swiftly.
However, this will vary depending on the brokerage firm you choose to engage with. As a result, before you list your home with Flat Fee Group, research customer complaints about your state.
Houzeo v/s Flat Fee Group
|FSBO Website||Price||MLS Access||100% Online||Offer Management||Showing Management||5-star Reviews||Nationwide Coverage||Mobile App|
|1. Flat Fee Group||$299||✅||✅||❌||❌||❌||✅||❌|
Why is Houzeo a Better Alternative to Flat Fee Group?
As with other MLS listing services that can be found easily online and throughout the United States, Flat Fee Group.com offers a flat-fee listing service. Access to the Multiple Listing Service is also available to those sellers who work with accredited real estate agents like any other flat fee MLS listing companies and the only difference will be the pricing and other services offered.
The platform provided by Flat Fee Group enables home hunters to collaborate with local real estate agents. Will it, however, give you a pleasant experience to sell your house, especially if you are responsible for the majority of the legwork yourself? Definitely not!
Undoubtedly Houzeo will be one of the best options to consider as it is America’s most powerful technologically advanced Real estate website for MLS listing. Particularly, with Houzeo, the listing of a home will be simple, updates will be quick, and processes will be fully automated. So, even if you are a first-time seller, your experience will be pleasant. As a result, you will have the least amount of communication with the listing agent as a seller.
- Listing Fee: $249 to $399
- Available nationwide
- Listings featured on Houzeo App
Houzeo is America’s #1 For Sale By Owner platform.
💰 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.
No other low cost real estate listing website comes close to offering such features.
👉 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.
Start your free listing on Houzeo.com today!
- Nationwide coverage
Houzeo is available nationwide.
🏆 Check out why Houzeo is the best Flat Fee listing Company <<Click>>
- Listing Fee: $95 Upfront
- List within 24 hours
- $450+ in Hidden Fees
Homecoin’s biggest attraction is the $95 listing. But when you sign up, you’re faced with a clunky online dashboard which makes listing your home a chore that can take hours. Homecoin charges a very significant amount ($450) for state-required seller disclosures. Since sellers are required to file disclosures, this fee is mandatory.
Homecoin told us that disclosures are provided for free, but the proof that they sent in was blogged that was just updated. The pricing page does not reflect any disclosures provided for free. In addition, sellers related to Houzeo have sold properties on Homecoin.com, but they were refused seller disclosures and had to pay extra for them.
In addition to this, various options are significantly more expensive with Homecoin. Yard signs are advertised as free, but that’s deceptive. Yard signs are only available with post rentals – so you can’t really get one for free. For a $49 utility, you’ll end up paying $97 just for a rental yard sign. In addition, you have to worry about sending the yard sign postback because it is a rental.
For showings, Houzeo provides a free Showing Management service. Homecoin provides Realtor lockboxes, so an unrepresented buyer can never view your property without engaging an agent. Additionally, these lockboxes are expensive rentals at $125 + a $120 deposit. And again, these are rentals so you have to send them back or forfeit your deposit.
- FSBO listing
Homecoin has 5 out of 5 ratings and 93 reviews on Yelp.
It Covers California, Florida, Georgia, North Carolina, Tennessee, and Virginia
Learn More: Houzeo Reviews: Read more on Homecoin
- Listing Fee: $95, $295, and $395
- Nationwide coverage
- No mobile app
Fizber is the perfect option if you need a flat fee real estate MLS listing agent and are on a tight schedule. When compared with other Flat rate sites, Fizber fairs well. However, when you compare it with Houzeo, the technology is outdated and the customer service lags.
💰 Flat rate MLS packages: Fizber.com offers cost-effective MLS packages – the most common one is priced at $295 which provides MLS listing with minimal options. $395 package provides a bit more than the $295 package but still lags on features.
💻 Low on tech: Fizber’s technology is outdated and most processes are manual. Additionally, there is no mobile app to help you on the go.
👩💻 No Agent control: You’ll be referred to a local broker who covers your area/state to get your property listed on the MLS. Because brokers are not onboarded on the platform (everything is offline), you won’t have control over your selling experience. There is also no guarantee of the matched agent quality.
🔍 Read more: Fizber Reviews: The Truth Behind its Free Listing!
- Access to MLS
- Local broker referral
- No control over selling since it is an offline process
- Slow listing process (2-4 days)
- No mobile app or advanced features
- Manual listing updates
- Unpredictable broker quality
Fizber.com has a respectable 4.2 out of 5 rating on popular review sites like Trustpilot.
Fizber gives you a nation-wide coverage.
Flat Fee Group.com’s pricing and multiple packages may seem attractive in listing a property for a flat fee, but it works with a variety of different flat-fee brokerages, not every homeowner will have the same level of satisfaction with their initial point of contact. Unless otherwise stated, sellers who list their home with Flat Fee Group are required to conduct the majority of the sales transaction themselves. Also, do not forget that the amount you pay for Flat Fee Group’s service is greatly influenced by the location of your home.
If you’re seeking a way to save money that is guaranteed, Houzeo makes it possible! Our basic and premium packages are more comprehensive than those offered by other real estate platforms. Thanks to an intuitive user interface and digitalized papers, the process is both faster and simpler.
Frequently Asked Questions
Is Flatfeegroup.com legit?
Yes, Flat Fee Group is a national network of independent real estate brokers and each state is owned and run separately.
What is a flat fee service?
A flat fee refers to a fixed charge that a client pays a broker instead of a percentage-based commission.
Are realtor fees worth it?
If you're wondering whether you need a Realtor to buy a home, the short answer is no. You might be hesitating to work with one because you don't want to be saddled with Realtor fees, but typically, buyers don't pay a real estate agent's commission — sellers do.
Is Flat Fee MLS good?
Savings are a big advantage of flat rate MLS listing services. You won't have to pay a listing agent's 3% commission. Rather, a flat-fee service often costs a few hundred dollars. So you only pay for what you need and save money.
What is a flat-fee realtor?
A flat-fee realtor is a licenced real estate professional who will list your home for a one-time flat fee rather than a percentage of the sale price. The difference between these two figures is that a traditional, full-service real estate agent typically charges 6 percent of the total sales price (with a portion of that split going to the buyer's agent).
How do you get a flat-fee listing on MLS?
There are a variety of options available for obtaining a flat-fee listing on the MLS. A flat-fee MLS service, such as the one provided by Flat Fee Group, is an option if you only require MLS entry and no additional assistance or assistance in the future. If, on the other hand, you want a full-service, flat-fee MLS entry, you should choose a flat-fee realtor who will enter your listing in the MLS while also handling the entire sales process.
Can you list your house on MLS without a realtor?
To use the MLS, you must work with a licenced brokerage or agent. The MLS is only for real estate agents, but you can use one to enter your listing and provide no other services.
Do realtors avoid flat-fee listings?
If you want your home to receive the most exposure possible, it is important to note that you should compensate agents who bring their buyers to your home. Buyer's agents are typically compensated with a commission of at least 2.5 percent of the total sales price.