You can save thousands of dollars on real estate commissions by listing your house with a flat fee MLS service. You won’t have to pay the standard listing agent’s 3% commission because you aren’t using them for marketing your property. Using flat-fee MLS listing services, you can list your neighborhood MLS.
What is Flat Fee MLS?
The Multiple Listing Service, sometimes known as the MLS, is an online marketplace or database of houses for sale. State-licensed real estate agents and affiliated professionals run and oversee the MLS. To sell a house, however, you must pay a real estate agent a hefty commission fee.
Flat fee When a seller enters into an “à la carte service agreement” with a real estate broker, who accepts a flat charge rather than a percentage of the sale price for the listing side of the transaction, it is known as a “multiple listing service” (MLS).
A flat fee realtor will list your home on the local MLS for a predetermined fee using a flat fee MLS listing service, which is an MLS entry-only service. Real estate agencies in Maryland offer listing services, including affordable flat fee MLS listing packages to home sellers.
How do MLS Flat Fee Listings operate?
You get to select one of their packages once you decide to put your house on the MLS with a Flat Fee MLS Maryland business. The fixed fee listing agent will publish your listing on the Maryland MLS and other local real estate websites once they have received all the necessary information about your home. Buyer agents can then view your property on the MLS and suggest it to potential purchasers.
How much do Maryland flat-fee MLS services cost?
MLS services with a flat charge often range in price from $300 to $500, depending on the providers. Simpler packages can cost up to $1,000, while more complicated ones might start at $250. However, partnering with a discount real estate company can offer superior value to individuals seeking a full-service package that is still reasonably priced.
List of top 7 Flat Fee MLS Companies in Maryland
Houzeo is one of the best for sale by owner websites and provides the optimal fusion of substantial financial savings, cutting-edge technology, 5-star customer service, and listing exposure. The 4 offered Packages range in price from $299 to $999. Houzeo has a lot of reviews with five stars.
- Nationwide coverage
- Fewer commissions
- Listings are syndicated to countless other websites, including Realtor.com, Zillow, Redfin, and Trulia.
- A mobile app is available
- 100% online, including quick updates, simple listings, online showings, and online offers
Net Realty Now
A well-known Flat Fee MLS company was established in 1999 called Net Realty Now LLC. The 4 packages are priced from $299 to $1299 and have a 3% to 4% commission.
- Net Realty Now provides unlimited text editing for your house listing, lets you add up to 50 photographs, and sends you all the buyer leads.
- Boasts of having the top agents and more than 33 years of real estate experience.
- Their agents are there to support and direct you during your entire journey.
Mr. Lister Realty
For house sellers who want their properties to receive local publicity, Mr. Lister Realty is a good option. Their Flat Fee MLS Maryland services come with everything a seller needs to market and sell their property. They provide two flat-rate MLS options ($450 and $650) and a full-service bundle ($999).
- Since they have been in operation since 1996, they are an excellent option for those first-time house sellers.
- Promises to list for a year in less than 24 hours.
- Distributes your information to a lot of other websites
- This flat fee is logical because broker assistance is included in each package.
- Inclusion on prominent MLSs, including Realtor.com.
Cottage Street Realty
The services offered by Cottage Street Realty are most suitable for first-time sellers who need more support from their listing broker. Additionally, you are only required to pay the agent if they successfully find buyers for your house.
- All programs are ideal for novice salespeople who desire additional guidance.
- The maximum permitted is several photographs.
- Extra fees for necessities, ranging from $50 to $159
- Upon request, you can also get a comparative market analysis report that will assist you in setting the right price for your house on the Maryland MLS.
Simple Choice Realty
The MLS listing service Simple Choice Realty offers enables you to list on the MLS for a reasonable flat price.
- One Full-Service bundle costs $749, and one Flat Fee MLS package costs $399.
- Gives you access to all Maryland state disclosures with each bundle.
- There is an expedited listing option.
- They compel you to offer buyer agent commissions of at least 2%.
- They syndicate listings across numerous well-known websites, including Realtor, Trulia, and Zillow.
- It offers phone and email help for customers around-the-clock and the option to list on the MLS within one business day.
DNK Real Estate
In D.C., Maryland, and Virginia, DNK Real Estate specializes in flat rate MLS listing services. They provide a full-service package, a 1% Add-on Listing Service package, and 3 Flat Fee MLS packages ranging in price from $249 to $799.
- The Maryland local MLS listing service benefits first-time property sellers.
- Offers unbundled MLS listing MD services at competitive prices.
- You can only post 6 pictures with the basic MLS for sale by owner package.
In addition to Florida and Georgia, XFlatFeeMLS provides services in Washington, DC, Maryland, Virginia, and Pennsylvania. They only include minimal services in their bundles. The cost of their extra services ranges from $30 to $3000. They even offer a Deferred Payment Plan, where the setup fee is $19, and the remaining balance is due at closing ($380).
- Best for vendors seeking affordable packages
- Listing distributed to more real estate websites, including Realtor.com, Zillow, and Trulia
- The packages contain disclosure paperwork for the federal and state governments.
One of the first states to use the flat fee MLS Maryland. With the assistance of these Maryland real estate companies, people are still acquiring new skills and adjusting to the process. Each subscription comes with a range of extras, like the option to upload more images, a la carte services, and occasionally even help with the paperwork. You have the choice to buy according to your requirements.