MLS My Home Reviews: Should You Risk It?

✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in commission, compliance and litigation risks have significantly increased for sellers throughout the nation. Learn how NAR’s settlement affects home sellers.

MLS My Home is basically Flat Fee MLS service that provides nationwide coverage.

Although their $99 Flat Fee MLS listing looks attractive. But even for a simple modifications, you have to keep adding from their a-la-carte menu. Therefore the price quickly adds up to a heap.

There are chances that many of their claims may go unfulfilled. For example, MLS My Home’s “money-back guarantee” might turn into a “no refund” policy at their convenience.

If you’re looking for a flat fee company with transparent pricing then Houzeo can be your option. Houzeo will automatically assign your local MLS giving you maximum exposure to buyers and buyer agents. Your listing will also be on all major platforms, including Zillow, Redfin, Realtor.com, and Trulia.

What is MLSmyhome.com?

MLSmyhome.com is basically a for sale by owner website established in Texas that provides nationwide coverage. Their listing process is quite straightforward, although their website may be challenging for first-time sellers. It provides a seven-day free trial and only accepts payments after it is posted on the MLS. The listing and syndication processes, on the other hand, take at least 5 days.

Their another key selling point is their low-cost Flat-fee MLS listing packages. The catch is that to post anything, make modifications, and so on, you must first add services from the ala carte menu. This all adds up over time. You may just as easily list with any other website that charges this fee upfront.

How Does MLS My Home Work?

MLS My Home is basically your listing agent. You will be responsible for managing your own FSBO platform, which they will offer. It can be difficult for a first-time seller. Their prime objective is to list your property and syndicate it to as many websites as possible. Let us give you a in detail overview of how their listing process works:

Select Package » Contact Info » Verification » Property Info » Features » Photos » Final

1. Select Package: Select your location and zip code to move to their pricing page specific to your state. There will be minor pricing changes and yard sign restrictions.
2. Savings Calculator: Use this resource to price your home and include buyer agent commissions before you list it on the MLS.
3. Pricing: Authorize your card information. As stated earlier, you will not be charged until the listing is done.
4. Listing process: Provide any important details that a buyer or realtor will require. Further, add photos as you can in your package.
5. Keeping track of your listing: Once your listing is approved, you will be issued your own FSBO platform that is linked to your account. You will also be in charge of your account’s management, pricing, and buyer negotiations.

MLSmyhome.com Locations

Another key point of MLSmyhome.com is its nationwide coverage.

Regions	States
Northeast	Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont
Midwest	Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio, South Dakota, Wisconsin, Nebraska, North Dakota
South	Alabama, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia, Arkansas, District of Columbia
West	Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Alaska, Hawaii, Wyoming

Is MLSmyhome.com Legit?

No, as a matter of fact the services MLS My Home reviews claims to provide are a scam. However, they are registered as a legitimate flat fee MLS listing service.

MLS My Home Flat Fee MLS Listing Pricing Model

MLS My house basically has a confusing flat fee MLS pricing structure. Their pricing varies by state and also includes a seven-day free trial period. Once the listing package is chosen, they basically simply authorize the amount. You will only be charged once the listing procedure is complete.

These plans additionally come with a dedicated for sale by owner website syndicated to your account. You are generally entirely in charge of this.

MLS My Home basically has three different pricing options. Let’s get into detail about the pricing:

Package 1: $89

This package includes:

• 6-month listing term
• Listing on MLS, Realtor.com, Trulia, Zillow, Oodle, Propbot, Yahoo, Google, MSN, AOL
• 6 photos
• Unlimited Number of changes2.Package 2: $134

This package includes:

• 6-month listing term
• Listing on MLS, Realtor.com, Trulia, Zillow, Oodle, Propbot, Yahoo, Google, MSN, AOL
• 25 photos
• Unlimited Number of changes

Package 3: $184

This package includes:

• 12-month listing term
• Listing on MLS, Realtor.com, Trulia, Zillow, Oodle, Propbot, Yahoo, Google, MSN, AOL
• 25 photos
• Unlimited Number of changes

» What’s My Home’s Value: You can know your home’s market value with Houzeo’s free Home Worth Estimator. It helps you estimate the amount you will get upon sale.

✍️ Take Note: MLS My Home charges a $50 additional fee. Moreover, their is a 0.5% hidden fees associated with their packages.

Beware of Hidden Fees

Hidden fee

Bewarey of hidden fees at closing or listing documentation otherwise not mentioned upfront. As per customer reviews of MLS My Home you have to emphatically pay an additional fee.

Deceptive pricing

MLS my home significantly relies on bait and switch marketing. According to several customers, the flat fee MLS listing charge increases depending on the area chosen, and an additional non-refundable $50 is added to the overall pricing structure with no prior notice.

Savings Calculator

Saving calculators are easy comparing tools that help to simplify finances while buying and selling. Let’s go in detail into them, shall we?

For sellers

The savings calculator is an excellent resource for first-time sellers who are especially unsure how to price their home. Besides you can easily alter multiple commission rates over the FSBO asking price. This will basically help to properly measure savings and compare them to the traditional approach. Enter the asking price and then set the commission level to use the calculator. After you’ve decided on a bundle, thereafter calculate the payment to see your savings rate.

For Buyers

While you are in the market to buy a home, these mortgage and comparative calculators will be a boon. You can use them for:

• Mortgage Payment Calculator
• Mortgage Payment Calculator with Amortization
• Daily Household Budget Calculator
• Mortgage Qualification Calculator
• Interest Only Calculator
• Rent vs Buy Calculator

MLS My Home Reviews: Pros and Cons

✅ Pros

1. Unlimited changes	You are allowed to make an unlimited number of changes to your listing; valid for all packages.
2. Resources	The savings calculator basically helps price your home according to varying commission rates
3. No payment until listing	You will not be charged until after the entire listing process is done. They will basically authorize the payment.

❌ Cons

1. Not for first-timers	The entire documentation process, as well as countless repeated paperwork, on a platform i.e. to say the least, not user-friendly at all.
2. Hidden charges	An added fee of 0.5% is added during documentation not mentioned upfront.
3. Cannot make changes to photos	Despite the fact that they mention upfront listing, several MLS my house reviews state that you are not permitted to modify photographs or submit videos.
4. Repetitive documentation	After payment, you will be redirected to another website to repeat the entire process again.

MLSmyhome.com Customer Reviews

MLSmyhome.com indeed has substantial reviews on credible websites like Trustpilot, Google, Yelp, and Zillow.

Basically, customers have mixed reviews about MLSmyhome.com. But several MLSmyhome.com reviews state that many consumers experienced that the MLS coverage area provided was inaccurate and misrepresented the company’s capabilities.

There were also complaints in MLSmyhome.com reviews about their poor customer service, delayed refund process, and very slow updating.

MLSmyhome.com Positive Customer Reviews

MLSmyhome.com’s positive reviews talk about their cheap pricing, quick listing, and overall experience with MLSmyhome.com without real estate agents.

MLS my home Negative reviews

There also some MLSmyhome.com reviews that are conflicting in terms of customer service. The customer support of MLSmyhome.com is rated as helpful by some Trustpilot reviews, while others do not.

MLSmyhome.com Alternatives: How Do They Compare?

As a matter of fact Houzeo is an excellent alternative to sell or buy a home. It’s considered America’s #1 For Sale by Owner and Flat Fee MLS platform that basically makes the home-selling process seamless and easy. MLS my home, on the other hand, is just a listing agent and not even a good one at that!

Houzeo also offers 100% automation with the entire selling process completely digitized while MLS my home has a very complicated documentation process.

Both MLS my home and Houzeo provide numerous pricing packages; however, MLS charges multiple costs that are not disclosed upfront, whereas Houzeo has no hidden, listing, or closing fees and discloses all fees upfront.

Let’s have a look at a few of their other features in detail:

FEATURE COMPARISON	HOUZEO	MLS My Home
Fees	$299	$295
Hidden fees	None	0.5%
Recommended Buyer Agent Commission	2.5%	2.5% to 3.0%
Nationwide coverage	✅	✅
100% online process	✅	❌
Mobile App	✅	❌
Offers sent directly to you	✅	✅
Counter an offer	✅	❌
Request the highest & best offer	✅	❌
Showing management	✅	❌
Expedited listing	✅	❌
Fast listing changes	✅	❌
Buyer property search feature	✅	❌

👉 FSBO Websites: Check out in detail our rankings of the best For Sale By Owner Websites in America.

Other Options You Should Consider

1. Sell to iBuyers

Firstly, iBuyers make an offer on your property within 24-48 hours, and you can close within 7 days or more. Most iBuyers like Opendoor and Offerpad are also known to offer the Fair Market Value (FMV) for your property.

Selling to an iBuyer generally has certain significant drawbacks. These include:

• Limited coverage and restricted to metro and urban areas
• Strict eligibility criteria without exceptions
• Non-negotiable offers
• 5% service fee
• 2% – 8% repair costs

⭐ Our Take: We recommend iBuyers if your house meets the iBuyer company’s eligibility criteria.

👉 iBuyer Reviews: Check out rankings, pros, cons & alternatives of top iBuyers in America

2. Sell to “We Buy Homes for Cash” Companies

Unlike iBuyers, “We buy homes for cash” companies help you sell your house as-is fast. Besides they can even close within 7 days or any date you choose. “We buy homes for cash” companies also make cash offers for homes outside metro areas or in difficult-to-sell locations.

Here’s why traditional cash home buyers could be a bad option for you than an iBuyer:

• They not only make lowball offers but also offer only 50% – 70% of market value.
• Their offers are altogether non-negotiable

⭐ Our Take: We recommend selling to a cash home buyer if you are selling a distressed house “as-is” without looking for the best price.

👉 “We Buy Homes for Cash” Companies: Check out America’s biggest cash home buyer companies in 2023

Flat Fee Listing Services Near Me

Should you risk it?

No, as a matter of fact MLS My Home does not have much to back it up. Basically, it has below-average reviews. Basically, there are numerous services to list on MLS that are dependable and provide a lot more for the price. Their lack of management in the listing procedure, lack of transparency in pricing, and lack of convenience also do not help its cause.

 

Flat Fee Listing Services Reviews

• MLS My Home Reviews
• Real Estate Reviews