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Illinois 7 Best Flat Fee MLS Listing Services Compared
|Flat Fee MLS Service||Price||Additional Fees||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|3. Circle One Realty||$645||None||❌||❌||✅||✅||❌|
|4. Mentor Listing Realty||$399||$45-$590||❌||❌||❌||❌||❌|
|5. Prello Realty||$295-$795||None||❌||❌||❌||❌||❌|
|6. Flat Fee Realty||$199||0.1%-0.25%||❌||❌||❌||❌||❌|
|7. Flat Fee Group||$795||None||❌||❌||❌||❌||❌|
How to Manage Showings on Houzeo.com
How to submit & Review Offer on Houzeo.com
How to List Your Home on the MLS For Sale By Owner (FSBO)
How to Change Your MLS Listing Including Adding Open Houses… All Online!
Multiple Listing Service (MLS) is a real estate database where all the properties available for purchase are listed. There are more than 700 MLSs in the United States and many local Illinois MLSs are a part of that collection. Only licensed real estate agents have access to this database. These real estate agents pay a membership fee to Realtor.com, which acts as a custodian of all these 700 MLSs and the properties listed on them.
This means that only a licensed real estate broker or agent, who is a member of MLS in Illinois, can list your house on the Illinois MLS. However, this listing agent will cost you 2%-3% of your home sale price and Flat Fee Realtors will do it for a flat fee instead of a percentage of your home sale price. Instead of choosing flat rate realtors for a flat rate MLS listing, you could go with a Flat Fee MLS listing service.
Houzeo is one of the best Flat Fee MLS listing services in Illinois providing –
You should opt for listing on the MLS for a flat fee because –
88% of the buyer agents search the MLS to look for properties for their clients. A flat fee MLS listing in Illinois will give your listing maximum exposure to these buyer agents and their buyers.
Most local MLSs, including MLS Illinois, syndicate your listing to top real estate websites like Zillow, Trulia, Redfin, and Realtor.com. This gives you additional exposure and increases the chances of selling your home quickly.
The biggest benefit of a Flat Fee MLS Listing Service is you save up to 6% on agent commissions. Flat Fee MLS eliminates the need for a full-service real estate agent to list your property. With a Flat Fee MLS Illinois package, you get to list on MLS without a realtor and save 3% on listing agent commissions right away.
If you find a buyer who is not represented by an agent, you can save another 3% in buyer agent commissions through a flat fee listing in Illinois.
With Illinois Flat Fee MLS Listing Companies like Houzeo.com, you get to list your property on the MLS without having to go to traditional or flat fee real estate brokers.
The amazing tech features provided by Houzeo.com enable you to list within minutes, make changes to your listing quickly and easily, manage showings online, and manage offers received on your home online.
This saves you the hassle of coordinating with a real estate broker and dealing with manual paperwork. It is, therefore, beneficial to go for an MLS listing without a Realtor.
For Sale by Owner (FSBO), also pronounced as “fizbo” in real estate agents’ jargon, is a home selling process where a seller doesn’t hire a real estate broker to sell their home and sell it by themselves.
These sellers put a “FOR SALE BY OWNER” sign in their yard to show the buyers that their home is on sale. However, relying on a yard sign is not enough. If your FSBO yard sign is the only marketing medium for the sale of your house, you will eventually end up hiring a listing agent to make the sale. This will not only cost you time but also money.
This is where a Flat Fee MLS Illinois Listing Service can be a lifesaver for you. Houzeo can list your home on the MLS Illinois for a flat fee and give it all the exposure needed to sell your home quickly and to the right buyer.
MRED – (Midwest Real Estate Data) – Boone, Bureau, Champaign, Clark, Cook, De Witt, DeKalb, DuPage, Ford, Grundy, Henry, Iroquois, Kane, Kankakee, Kendall, Lake, LaSalle, Lee, Livingston, Logan, Marshall, McHenry, McLean, Ogle, Putnam, Stark, Vermilion, Whiteside, Will counties.
Which Illinois MLS does Houzeo cover?
We cover all major Illinois MLS’ including MRED MLS-IL, Rockford Area Association of Realtors MLS-IL, Regional MLS-IL, Mid America Regional Information Systems, Inc. MLS-IL, MATRIX MLS-IL, MATRIX MLS/Central IL MLS-IL, RMLS-IL, MARIS-IL, MATRIX MLS/Central IL MLS-IL
What is a Illinois Multiple Listing Service (MLS)?
An Illinois MLS is a database usually accessible only to real estate agents, where agents list and market properties to other agents. They can also offer a commission to other agents. In the US over 80% of properties sell with buyer agents (most of the rest are property transfers to relatives, friends, etc.). So it's extremely important you get your Illinois home on the Illinois MLS. Houzeo allows you to do that with our Illinois Flat Fee MLS service for For Sale By Owners (FSBOs).
Should I offer the Buyer Agent Commission in Illinois?
You can choose not to, but we recommend that you do. A majority of buyers are still represented by an agent, so it's recommended that you offer the Buyer Agent Commission to incentivize agents to bring you buyers and help sell your home faster. Remember: with Houzeo, you've saved the listing agent commission, which would normally be between 2% to 3% in Illinois.
Do I need to review my Illinois MLS listing?
Yes. Within 24 hours of when your Listing Agent emails you a copy of your MLS listing, you are required to review it and inform your agent if you see anything that might not be accurate. MLS penalizes members for any inaccurate information and you're responsible to pay this fine, if incurred.
How will I know when my Illinois property listing goes public?
Two to 48 business hours after you've submitted your Illinois property listing on Houzeo.com and answered any additional questions your Listing Agent might have, your listing will go live on the MLS and various portals like Zillow, Trulia, and Realtor.com. You can check it out on Realtor.com. Note that your agent is responsible only for getting your property on the Illinois MLS. Sometimes the syndication to 3rd party websites like Zillow, Trulia, etc. may not work as intended and you might need to contact them directly.
How long does it take to get my listing on the Illinois MLS?
In most cases, your listing will appear the same day or on the next business day. This is after you have submitted your listing on Houzeo.com and answered any follow-up questions the Listing Agent might have. In some cases, however, it can take up to 2 business days for your property to be listed on the Illinois MLS.
Will my Illinois property listing appear on Zillow, Redfin, Trulia, etc.?
Yes. All our plans include syndication of your Flat Fee MLS Illinois listing to major websites, including Zillow, Redfin, Realtor.com, Trulia, Re/Max, and many more. Note that the agent is responsible for the MLS listing only, and in rare cases, there can be issues with syndication to 3rd party sites like Zillow, Trulia, etc. In these cases, you can reach out to these sites directly to get things corrected.
How will buyers and buyer agents contact me about my Illinois property listing?
Your Illinois Listing Agent will also insert your contact info in the private remarks section of the MLS listing. Buyer's agents see these remarks and will contact you directly via phone or email. All offers come directly to you. Finally, we highly recommend ShowingTime - service agents use broadly. Your Listing Agent has opened it up for you to use - Accept showing appointments on the app!
How does Houzeo help me file Federal and Illinois State disclosures?
Figuring out what disclosures apply to your transaction can be stressful. Manually filling them out, scanning, and then emailing them doesn't help either. Houzeo has put in immense amounts of effort into digitizing various Federal and Illinois State disclosures to help you meet these requirements more efficiently. You only see disclosures that apply to your transaction, and Houzeo makes it much easier for you to fill them out and sign them electronically.
How do I get help for my Illinois MLS listing if I need it?
For any Illinois MLS listing related questions, you can reach out directly to your Listing Agent. Houzeo gives you their contact info when you select one. For anything else, see that orange help button at the bottom left? Use it to chat, email, or call our customer service team at any time! You can also schedule a complimentary consultation with us to assess if Houzeo is the right solution for you.
How do I get started with Houzeo to list my Illinois home?
Login using your email, or your Facebook or Google accounts, and click "Sell a Property" on your User Dashboard. Enter your property address, select a listing plan, and Houzeo's IntelliList Listing Management System will make listing your home easy by autofilling as much info about your home as is available to us! Upload photos, select a price, and sign your MLS contracts – and your home will be on your local MLS ASAP! It's all online!