Flat Fee Pros reviews speak volumes about this innovative real estate company. Read our Flat Fee Pros reviews, a company offering affordable real estate services.
With their enticing flat fee structure, Flat Fee Pros aims to revolutionize the industry. However, the company has no credible reviews. Therefore, it’s essential to explore the advantages and limitations before making a decision.
- Pros: Attractive flat fee structure for real estate services.
- Cons: Limited scope of services. Moreover, the bronze package comes with an additional fee of 1/2% to a max of $1000 sales price at closing.
- Our Take: While Flat Fee Pros may appeal to budget-conscious individuals, we believe certain aspects may not make it the best choice for everyone.
What is Flat Fee Pros?
Flat Fee Pros is a real estate service provider. They offer a Flat Fee MLS listing service in Michigan. They provide a flat fee structure, aiming to make real estate transactions more affordable for sellers.
However, it’s important to note that the company operates in a limited capacity and may not be suitable for complex transactions. The Flat Fee Pros can be an option if selling a house in Michigan without a realtor.
They will help you set the listing price of your house. Their primary disadvantage is the absence of phone or email assistance. Moreover, their Basic and Bronze packages have no customer support via phone or email.
Hence, you should consider using a different company if you anticipate having questions about the selling process.
How Does Flat Fee Pros Work?
Unlike traditional real estate agents who charge a percentage-based commission, Flat Fee Pros charge a fixed fee for their services. This approach seems enticing for individuals looking to save money on real estate transactions.
However, it’s crucial to understand that their services may be more suitable for straightforward transactions and might lack the comprehensive support of full-service agents.
The Flat Fee Pros Process:
The process works in these simple steps:
- Select a Flat-Fee MLS Listing Package: Select the desired flat fee MLS listing package. You can’t move to the next option before selecting at least one additional service.
- Sign Up: After choosing the package, sign up by entering your payment details. Next,
- Fill out the Forms: Submit all the necessary details.
- Upload photos on MLS: Add the photos of your property to the MLS listing as per your package.
Flat Fee Pros offers a range of services and packages tailored to the needs of sellers. Their offerings typically include property listings on popular platforms, marketing assistance, and some support throughout the transaction process.
However, it’s important to note that their services may not cover all aspects of a real estate transaction, such as negotiation support or extensive market research.
Pricing of Flat Fee Pros
The Flat Fee Pros offer 3- Flat Fee MLS packages and 2- full-service packages.
- Basic – $349: The plan offers limited services with 15 photos, 6 – months listing period, a free yard sign, 3 – open houses, free changes, and MLS listing on Realtor.com.
- Bronze – $399: The plan offers every service from the Basic package with 25 photos, 12 months listing period, and unlimited open houses. They also charge a 1/2% to a max of $1000 sales price at closing.
- Silver – $749: The package includes every service from the Bronze Package with 50 photos and a listing period until your house sells. The only change is that there are no closing fees and provide negotiation & process the offer services.
- Gold – $999: It is a full-service package with every service from the Silver Package. The plan offers minor modifications, such as the QR code on the yard sign and the digital signature.
- Ultimate – $1,499: The full-service package includes every service from the Gold Package with drone and rush services.
In each plan, you have to purchase upgrades separately. Here’s the list of upgrades they provide:
- Add For Lease Listing to any package – $100.00
- Combo Lockbox – $49.00
- Market Analysis – $54.00
- 2nd MLS Listing – $100.00
- Rush Service – $49.00
- Additional Basic Yard Sign – $19.00
- 12 Month MLS listing extension – $249.00
- Open Houses( Each ) – $39.00
- Drone / Aerial Photography – $149.00
- Virtual Reality Walk Thru Video – $249.00
- 360 Photographs – $249.00
- Upgraded-Full Color Point of Sale Design With Interior Pictures – $69.00
These updates can make your listing a lot more than you expected. Therefore, consider the pros and cons of the company before making any decision.
👍 Pros of Flat Fee Pros
In terms of value, The Flat Fee Pros is a good option. Here are some of its advantages.
- Flexible Listing Terms of 6 to 12 Months: The Flat Fee Pro offers a flexible listing period. You can select a package with a 6- month, a 12-month, or till-sold duration listing.
- Free Yard Sign: Every listing package includes a yard sign and a key lock box. Generally, you have to pay an additional fee for these services.
- Cost-Effective: The flat fee structure can save clients a significant amount of money compared to traditional commission-based real estate agents.
- Transparency: With a fixed fee, clients know what they’ll be paying, providing clarity in pricing.
👎 Cons of Flat Fee Pros
In our research, we found some major deal breakers with The Flat Fee Pros.
- Expensive Packages: The Silver, Gold, and Full-Service MLS listing packages are costly. The services offered are very fundamental for the price!
- No Customer Support Available: No email or phone support options are available for the Basic Plan. Moreover, they don’t have any contracts, addendums, & seller disclosure services in the Basic package.
- Closing Fees of 0.5%: While the packages are expensive, the Bronze Package comes with an additional closing fee of 0.5%.
- Limited Scope: Flat Fee Pros may not offer the same level of comprehensive support as traditional full-service agents, which could be a drawback for complex transactions or individuals who prefer extensive assistance.
- Potential Lack of Expertise: Depending on the specific agent assigned to the client, there may be variations in experience and expertise, impacting the quality of service received.
While Flat Fee Pros presents an appealing cost-saving option for real estate services, it’s vital to weigh the advantages against the limitations. The company’s limited scope of services and potential variations in expertise could hinder the overall experience for some clients.
Therefore, it’s crucial to consider the potential limitations and ensure they align with your specific requirements. Remember to assess the complexity of your transaction and the level of support you expect before making a decision.
Frequently Asked Questions
1. Is Flat Fee Pros Legit?
Yes, Flat Fee Pros is a legitimate real estate service provider, offering MLS services in Michigan.
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