Everything You Need to Know About the Top 6 Flat Fee MLS Companies in Phoenix Arizona
Real estate is a booming market and since last year the market rate of properties in Phoenix, Arizona has increased by a staggering 27.4% with the median price of properties selling at $460,000.
With the market being ripe for buyers and sellers, now is the best time for everyone to enter the market who is thinking of selling a house. The only catch is that those who are selling their homes still end up paying 5-6% to brokers as a commission.
This is only true if you take the traditional route of hiring a real estate agency. Nonetheless, there is hope at the end of this tunnel as well with another alternative which is going to be discussed in detail below.
Selling through an MLS flat fee company is the easiest way to get the best price for your property, increase visibility, and save yourself from burning deep holes in your pocket.
More about Flat Fee MLS
The Multiple Listing Service, or MLS, is an online database or marketplace for properties for sale. This maximizes the visibility of your property, increasing its chances of selling.
The MLS is run and controlled by state-licensed real estate agents and affiliate professionals, and only they have access to the site to list houses, search for properties, and obtain statistics. However, if you sell a property through a real estate agent, you must pay large commission costs.
A Flat Fee MLS listing service, on the other hand, is an MLS entry-only service that advertises your house on the local MLS for a pre-set fee through a flat rate realtor.
This way, you keep all rights to sell your house as an FSBO and can enjoy various real estate services (with the assistance of a flat fee real estate broker) depending on the package you choose.
Which Are The Top Phoenix Arizona Flat Fee MLS Companies?
While there are many available in the market promising you the moon, if you’re wondering how to sell a house by owner in Arizona and which company to trust, then these top 6 flat fee MLS companies listed below should help you sail through 2022:
Houzeo
Houzeo, a real estate technology firm, offers an unrivaled mix of maximum savings, cutting-edge technology, and 5-star customer service.
Houzeo’s programs often include a low fixed charge. This will save you hundreds of dollars. You save the buyer agent commission if your buyer is not represented.
Listings are syndicated to the Multiple Listing Service (MLS), Zillow, Realtor.com, Redfin, Trulia, and hundreds of other websites. Houzeo also has useful social media sharing features. No other site provides you with this level of exposure. Houzeo is completely online. Listing is simple, and updates are made quickly. So you can concentrate on what matters most: your sale.
Houzeo has received 4.9 out of 5 stars from home sellers across the United States on major review sites such as Google and Trustpilot. There is some solace in knowing that when you call, there is a living person on the other end of the line.
Houzeo is the most powerful real estate website, with many advanced tech features to make your life simple:
- The IntelliList Listing Management System: Allows you to manage your listing 100 % online.
- Houzeo Showings: This allows you to manage showing appointments online.Â
- Houzeo Offers: Helps you summarize all your offers online where you see and compare offers, as well as counting them. You can also request the highest and best bids in a multiple-offer situation.
- Buyer Search: Buyers can contact you directly through Houzeo.com rather than through a real estate agency.
- Settle Agent Platform: Helps you during the closing process.
One of the reasons why Houzeo is the best Phoenix Arizona Flat Fee MLS company on the list is because there are no hidden charges and everything is transparent. You can check out Houzeo reviews to confirm the same.
Congress Realty
Congress Realty is one of the reputed Phoenix Arizona Flat fee MLS listing companies to consider as it provides sellers with a wide range of services for a low flat fee of $299.
The charge is modest because they just provide the bare basic needs, and if you require more services, they are available to sellers on an a-la-carte basis which can be added as per your preferences.
Though they limit the number of photos you can upload in their basic MLS plan, they enable unlimited modifications to your listing.
You may also get a comparative market analysis study, which will help you price your house correctly. They also have a phone system that will transfer all of the offers you receive to your house. However, they charge an extra $150 for this service.
Flat Fee Group
Flat Fee Group is a noteworthy addition to this list of Phoenix Arizona Flat Fee MLS service providers that offer both flat fee and full-service packages. Their MLS Flat Fee packages start from $99 and go up to $1,499. They do not charge any additional costs.
You will only pay $399 + 0.5 % at closing if you pick Houzeo’s Virtual Full-Service Package, regardless of the value of your house! Since their technology isn’t as advanced, there are some parts of the process that may have to be done manually and is time-consuming.
Flat List
Flat List, a reputed Phoenix Arizona Flat Fee MLS provider, has been active since 1999. As a seller, you can sell by owner and avoid paying a buyers’ agent commission. The services are generally satisfactory.
When you hire Flat List to list your house on the MLS, they have a package priced at $299 that includes 25-40 photographs, depending on the MLS.
Although at that price point, they allow you to make innumerable modifications to your listing at no extra cost. They even give buy and selling contracts upon request. Open Houses can be posted on your MLS listing by the firm.
AZ FSBO Pro
AZ FSBO Pro is a Phoenix Arizona Flat fee MLS Company worth mentioning in this list owing to its successful track record over the years across Arizona.
They provide three AZ Flat Fee MLS packages starting from the basic package priced at $89 with some basic services included, a package priced at $149 with a 6-month listing, and their premium package priced at $299 with a plethora of services included in it.
Sellers who want to add additional services to their Arizona MLS listings can do so for a fee. Aside from the packages, they have a strong track record and many years of expertise in offering services, which is why they are considered one of the Best for Sale by Owner Websites for house sellers.
Mountain Lake Realty
Mountain Lake Realty is a Phoenix Arizona Flat Fee MLS company that offers more than simply “Entry Only” services. Their packages start at $295 and may go up to $999.
You will have to pay a predetermined fee, and this business will list your house on the Arizona MLS, help you price it, and aid you in negotiating the best deal with the buyer’s agent. This organization can provide you with the greatest for sale by owner websites.
Are Flat Fee MLS Companies The Right Choice For You?
Over the last ten years, the median house value in the United States has risen steadily and will continue to do so in the coming years. However, in order to achieve maximum advantage, you must avoid the costly real estate commission.
Although the companies listed above are undoubtedly notable, one thing which should be noted is that some of these Flat Fee MLS companies are famous for marketing gimmicks and predatory activities such as providing a free MLS listing and then charging you a percentage at closing.
They may even surprise you with hidden costs and force you to pay thousands of dollars during closing when you thought you would end up spending much lesser.
However, the organizations we mentioned above are all respectable and trusted real estate companies brands among house sellers, so you need not be concerned about any misconduct by the aforementioned companies.
If you still are not sure of which one is right for you, either you can choose to go for discount real estate brokers or settle for a Flat Fee MLS company like Houzeo which is known for its transparency, robust technology, and pocket-friendly prices, and stellar customer services.
They also ensure that your home is listed on all of the major Phoenix MLS and receives maximum exposure online.