✏️ 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.
Benefits of Flat Fee MLS Services
As the seller, you must pay both the listing agent and the buyer’s agent commission. This is a whopping 6% of your home sale price.
With Flat Fee services even a first-time seller can list their home within 48 hours, save on agent fees, and complete the listing online.
- Save Thousands of Dollars: Start your listing journey at just $349 and save on Realtor commission costs.
- Cancel Anytime: With a traditional Realtor, you must sign a year-long contract. You are stuck with them even if you end up despising their work ethics.
- No Hidden Costs: The traditional real estate market is stained with high hidden costs. A genuine Flat Fee platform like Houzeo will disclose all costs upfront.
- Quick Listing: A Flat Fee MLS service can get you listed in 24-48 hours. Tech-Sites like Houzeo give you 100% online services, saving precious time and energy!
Rankings: Michigan Flat Fee MLS Listing Services
Flat Fee MLS Service | Price | Additional Fees | 100% Online | Offer Management | Showing Management | 5-star Reviews | Mobile App |
---|---|---|---|---|---|---|---|
1. Houzeo | $229-$429 | None | ✅ | ✅ | ✅ | ✅ | ✅ |
2. Kermath Realty | $399-$998 | 3%-3.5% | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
3. Modern Way Realty | $395-$695 | 0.1%-0.5% | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
4. Flat Fee Realty | $269 | 0.1%-0.25% | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
5. FSBO.com | $399.95 | None | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
6. Homecoin | $95 | High Cost Add-Ons | ✅ | ⛔ | ⛔ | ⛔ | ⛔ |
7. List With Freedom | $149-$295 | 0.1%-0.25% | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
Reviews: Michigan Flat Fee MLS Listing Services
1. Houzeo
4.9/5
(5,465 reviews)
Houzeo offers the best combination of maximum savings, advanced technology, 5-star customer support, and listing exposure.
Houzeo offers 4 comprehensive Flat Fee MLS listing plans.
- Bronze – $379+: In this basic plan, you get a 6-month listing term with 24 photos. You get unlimited listing changes and open houses.
- Silver – $399+: In the silver plan, you can list 24 photos for 6 months. You also get a yard sign and unlimited listing changes.
- Gold – $379+: Gold is Houzeo’s signature MLS package with tech features like Houzeo Showings, Houzeo Offers, and DigiTransact.
- Platinum – $349+: This is the ultimate flat fee plan with a 1-year listing term and virtual full-service from a licensed broker.
👉 Houzeo Reviews: Find out why Houzeo is America’s #1 MLS listing service!
Houzeo has the best tech available for a Flat Fee MLS platform. Check out Houzeo Reviews.
- Maximum Savings: With Houzeo you save at least 3% on listing agent commission. All fees are disclosed upfront, so there are no Houzeo hidden fees.
- Advanced Tech: Houzeo’s tech is stellar. You get an intuitive seller’s dashboard, free mobile app, and 100% online paperwork.
- Maximum Exposure: Your home is listed on 100+ real estate websites like Zillow and Trulia. This ensures maximum eyeballs on your property.
- Nationwide Coverage: Houzeo covers 47 states and DC.
👉 Houzeo Customer Reviews: Houzeo is rated “Excellent” with a 4.9 out of 5-star rating by 5,000+ home sellers on Google reviews and Trustpilot.
In our research, we found no major red flags with Houzeo. Customers have consistently given positive reviews about their experience.
» Houzeo Complaints: Find out what sellers said about Houzeo.
Houzeo is rated 4.9 out of 5 stars by 5,000+ customers on Google and Trustpilot.
» Houzeo Reviews: Over 5,000 home sellers have rated Houzeo as “Excellent.”
📌 Houzeo Michigan: In Michigan, Houzeo’s Silver package costs $379, and the Gold package costs $379+0.5% at closing. The full-service Platinum package costs $349+1% at closing. The Bronze package is FREE for all home sellers in the Great Lakes State!
2. Kernath Realty
/5
( reviews)
Kermath Realty offers 3 Flat Fee plans for FSBO sellers.
- Bronze Package – $199: In this basic plan your listing is live for 6 months along with 6 photos. You also get a yard sign, printable flyers, and buyer leads directly.
- Silver Package – $299: In this plan, you get everything from the Bronze package with a 12-month listing term and 35 photos. You will also get 3 open house postings and a virtual tour of your property.
- Gold Package – $998: This is an upgraded plan with 50 photos and unlimited open houses. You also get an unlimited listing period which means your home can stay on the MLS until sold.
👉 Full-Service Plan: Kermath Realty offers a full-service plan priced at $500 plus a 3%-4% fee at closing.
Kermath Realty is a regional company and works well for Michigan home sellers.
- Experienced Agent: Jeff Kermath is a licensed real estate broker in Washtenaw County. He has over 3 decades of experience with the local Michigan market. Sellers looking for someone close to home can benefit from Jeff’s expertise.
- Wide-range of Plans: The price range for Kermath Realty plans falls between $199 – $998. This means you can choose based on your budget limitation.
👉 Customer Reviews: Kermath Realty has a 4.3-star rating from 67 reviews on Google.
Kermath Realty has a few shortcomings that can cost a new FSBO seller.
- Limited Agent support: You do not get any assistance from a licensed real estate professional in the basic plans. First-time sellers will have to shell out over $1,000 for any assistance required.
- Out-dated Website: As a regional company, Kermath Realty has not bothered much with tech. There is no seller’s dashboard or free mobile app for easy management of your listing.
👑 We recommend the Silver Package by Kermath Realty for Michigan sellers who want local expertise. However, new FSBO sellers will require professional assistance. Opt for Houzeo’s platinum plan instead.
3. Modern Way Realty
/5
( reviews)
Modern Way Realty has 1 basic and 1 full-service Flat Fee plan for FSBO sellers.
- Basic Package – $395: This is a ‘do it yourself’ package that includes a 6-month listing term with 25 photos. You also get real estate forms and disclosures, buyer lead forwarding, and a closing costs calculator.
- Premium Package – $795: In this plan, you get everything from the basic package plus a dedicated agent. The agent will help you from sale to close.
Here is what you pay for add-ons:
- Lockbox: $35
- CMA Reports: $35
- For Sale Sign: $35
Modern Way Realty can be a decent option for Michigan FSBO sellers.
- 100% Paperless: All required listing paperwork is generated online and sent to you by email to sign electronically.
- Personal Property Page: You can share your listing’s customized URL with friends and on social media to attract potential buyers.
- Dedicated Agent: If you pay for the expensive premium plan you will be assigned a dedicated agent. The agent will help support you from listing to closing.
👉 Modern Way Realty has a 5-star rating from 95 total reviews on Google.
There are a few drawbacks with Modern Way Realty that can cost new sellers.
- Short Listing Term: Both plans allow for only a 6-month listing period with just 25 maximum photos. You will have to shell out $395-$795 if you need to relist your property.
- Expensive Assistance: If you need assistance and support you must buy the premium plan priced at $795. Most first-time sellers will require professional advice!
We recommend the Premium Package priced at $795 for first-time home sellers. Experienced sellers can go with the basic. However, Modern Way Realty only covers Michigan. Sellers outside the Wolverine State should go with Houzeo.
4. Flat Fee Realty
0/5
(No credible reviews)
Flat Fee Realty is a licensed real estate company in Connecticut. A flat fee is required to list a property on the MLS in any of the 50 states. It provides a single MLS package with varying costs by state.
Flat Fee Realty provides a single MLS package with varying costs as per the state.
- Common Features: A listing term of 6 months with 6 photos is service included in the flat fee package. Your properties get syndicated to Realtor.com, Trulia, and Zillow. Free listing enhancements and state disclosures come as well.
👉 Additional Costs: Any changes you wish to make to your listing photos must be purchased separately. For $50, you can add up to 25 photos.
» What is Flat Fee Realty? Read this blog to know more about them.
Flat Fee Realty is a great flat fee MLS substitute where it provides direct services.
- Changes Made Simple: You can freely adjust your status and price with Flat Fee Realty. They enable correcting any minor problems found after the listing becomes live.
- Market Exposure: Real estate listings appear on Zillow, Trulia, and Realtor.com. You can advertise your home on all the major websites you choose to reach the ideal purchasers.
- Free Disclosures: Similar to taxes, documentation is a crucial selling point. For all states, Flat Fee Realty provides free disclosures.
» Pros and Cons of Flat Fee Realty: Read the in-depth analysis of Flat Fee Realty before choosing them.
In our analysis, Flat Fee Realty has some significant red flags.
- Non-customizable Packages: The listing bundle offered by Flat Fee Realty does not allow any modification. The package’s one-size-fits-all design restricts the possibilities you can choose from.
- 0.25% Commission at Closing: At closing, Flat Fee Realty takes a commission of 0.25%. They claim the buyer agent is responsible for paying this, but the seller pays the entire commission.
Flat Fee Realty is an excellent choice if having a budget-friendly strategy is important to you. They do, however, charge more for optional enhancements like extra photographs.
» Flat Fee Realty Reviews: Read the customer review on Flat Fee Realty.
5. FSBO.com
2.7/5
(5 reviews)
FSBO.com offers For Sale By Owner services, saving you money on costly commissions. They do not, however, directly list you on the MLS.
FSBO.com offers 2 packages for FSBO home sellers.
- Basic Package – $99.95: This is a basic plan where your property is listed on FSBO.com and Redfin for 6 months. You do not get MLS listing in this plan.
- MLS Package – $399.95: The package includes an MLS listing term of 6 months with up to 20 photos.
Additional Services
- Classic FSBO.com Yard Sign w/ Stand: $60
- Directional Arrow – For Sale By Owner: $12
- Open House Directional Arrow: $12
- Sign Riders: $12
👑 The Queen’s Take: FSBO.com offers For Sale By Owner services, saving you thousands on hefty commissions. However, they do not list you on the MLS directly. Instead, they connect you with a broker at the state level.
👉FSBO.com Pricing: Read to know more about FSBO.com pricing.
FSBO.com can be useful for experienced home sellers.
- Multiple Listing Categories: You get to highlight your listing in specific sections dedicated to foreclosure, pre-foreclosure, tax lien, or bankruptcy.
- User‑Friendly Interface: FSBO.com has a simple website that is easy to navigate. It has a basic interface that enables you to create your listing by adding relevant information.
👉 Pros and Cons of FSBO.com: Read the benefits and drawbacks of listing with FSBO.com.
In our research, we found some drawbacks of FSBO.com.
- Extra Charges for Listing Photos: If you want to add more than 20 photos to your listing, you have to pay extra fees of $50 to $60.
- Expensive à La Carte Services: For add-on services like e-lockbox rental and showing service you have to pay $150 and $75 respectively. These services are costly compared to other Flat-fee MLS service providers.
- Limited Tech: FSBO.com lacks automation features. You have to manage your listings on your own.
- No DIY Resources: FSBO.com does not provide any resources to enhance your listing experience.
FSBO.com has no reviews from credible sources.
» FSBO.com Reviews: Read to learn more about FSBO.com
6. Homecoin
4.6/5
(50+ reviews)
Homecoin offers a single MLS listing package, priced at $95. You can avail of their rental lockbox, professional real estate photographs, or signposts at additional costs.
Homecoin offers a single Flat Fee plan which requires many upgrades.
- Flat Fee MLS Listing – $95: This is a basic MLS listing plan with a 12-month listing term.
Additional Services
- Listing Changes: $5 per change
- Lockbox: $125
- Photography: Varies
- Sign Post: $99
- FSBO Listing: Free
👉 What Is Homecoin: Read to find out more about the company.
Homecoin can be useful for experienced home sellers.
- Affordable Package: Experienced home sellers who don’t require any broker assistance can opt for Homecoin’s $95 listing plan.
- Online Paperwork: You can complete all the required paperwork online for a quick listing.
» Advantages of Using Homecoin: Read this blog to find out.
Homecoin has several shortcomings!
- Expensive Add-Ons: The $95 plan may seem affordable. However, it is only a minimal listing option. For everything else, you must pay extra!
- Limited Tech: Although Homecoin claims to be 100% online, the tech is pretty basic. The dashboard is clunky and does not auto-populate your listing data.
- Limited Coverage: Homecoin is present only in 22 states in America. So, home sellers living outside their coverage area cannot avail of their services.
- Limited Listing Changes: Homecoin provides only 10 MLS listing changes. Every additional change costs $5. This might be an issue if your home does not sell quickly.
Homecoin.com has a 4.6 out of 5-star rating from 50+ sellers on Google.
» Homecoin Reviews: Read this to find out more about Homecoin.
7. List With Freedom
4.1/5
(1849 reviews)
ListWithFreedom offers affordable packages. However, additional services like showings and open houses come with extra charges. Often, these services cost much less.
ListWithFreedom gives you a choice of 3 Flat Fee plans.
- Gold Package – $149: This basic plan offers a 6-month listing term with 6 photos. For an extra price, you may add an online showing service, an open house, and a virtual tour
- Platinum Package – $195: This is simply the basic plan rebranded with 25 photos instead of 6 on the MLS.
- Platinum Plus – $295: With this plan, the listing term doubles. You get an online showing scheduler and maximum photo uploads. However, you must pay an additional 0.25% fee at closing.
👉 Pros and Cons of List With Freedom: Check out the pros and cons of List With Freedom.
ListWithFreedom offers the following benefits to home sellers.
- Refund Policy: You can request a refund if your home is not listed on the MLS within 14 days of placing your order.
- Market Exposure: Your listing gets syndicated to websites like Zillow, Trulia, Realtor.com, and major brokerages like Keller Williams and RE/MAX.
- Unlimited Listing Changes: You can make any changes to your listing without paying extra bucks.
ListWithFreedom has certain drawbacks that can derail a smooth sale.
- Hidden Costs: ListWithFreedom charges 0.25% at closing in addition to the upfront flat fee payment.
- Not for First-time Sellers: ListWithFreedom does not offer much assistance when actually required. New home sellers can find it difficult without the guidance of experienced real estate professionals.
- Limited Tech: ListWithFreedom’s technology is sub-par. They lack several key features such as offers platform, mobile app etc.
ListWithFreedom has a 4.1 out of 5 stars rating of 1,800+ reviews on Trustpilot.
» ListWithFreedom Reviews: Is List With Freedom worth it? Read our blog to find out.
How to List Without a Realtor in Michigan?
Technically, only licensed real estate agents can list a property on the MLS. But with today’s technology, selling a house is easier than ever! To sell without a realtor you can opt for a Flat Fee MLS service and skip the heavy agent commissions.
List with a tech-backed Flat Fee Platform like Houzeo in 4 easy steps.
- Visit Houzeo to Register
- Enter your property info
- Purchase your preferred listing plan
- Complete the listing paperwork
👉 Houzeo is 100% online! Watch the video for more details.
How Much Do Michigan MLS Listings Cost?
On average, you can expect to pay $200-$800 for a Flat Fee MLS listing service in MI.
Flat Fee MLS Listing services allow FSBO sellers to list their property without paying the listing agent commission. You also have the option to choose from an à la carte menu of services as per your needs.
We have listed a few upgrades most FFM Sites provide for an additional fee.
- Yard Sign: $49- $150
- Additional Photos: $50
- Lockbox: $50- $250
- Broker Assistance: 0.25%- 0.75% at closing
MI Seller Closing Costs and Seller Disclosure
Closing Costs: In Michigan, both the seller and buyer pay the closing costs. However, the buyers are responsible for costs like appraisal fees, title insurance, and mortgage fees. The seller’s closing cost is deducted from the final sale price!
Typical Seller’s Closing Costs in Michigan include some of the following:-
- Attorney’s Fee: $150-$300 per hour
- Escrow Fee: Spilt between buyer and seller
- Home Inspection Fee: $350
- Real Estate Broker Commission- 4%-6%
Seller’s Disclosure: A Michigan home seller is required by law to disclose any defects and restrictions pertaining to their property. This includes everything from pest infestation to pending legal matters. You must disclose these issues before the closing to avoid disputes with your buyer.
Typical Seller’s Disclosure in Michigan includes some of the following:-
- Lead Paint Disclosure
- Home Owner’s Association Disclosure
- Property Tax Disclosure
Careful, Hidden Fees Ahead!
It is not all rainbows and unicorns with a flat fee MLS listing platform. Some of these services list the price as low as $99. This usually means you will be bombarded with hidden costs (not mentioned on the pricing page) during your closing process.
👉 Houzeo Michigan Listing: Houzeo discloses all prices upfront so there are no surprises at closing!
Alternatives To Michigan Flat Fee MLS Companies
We recommend flat fee services that offer a full-service upgrade for most Michigan home sellers. But if you like keeping your options open, here are a few alternatives to Flat Rate MLS companies.
- Discount Realtors in Michigan: Discount real estate brokers typically charge between 0.5%- 2% commission at closing. You get the services of a traditional broker for a discounted commission.
- Cash Home Buyers: Companies that buy houses for cash in Michigan pay you upfront within 24- 48 hours. However, most cash buyers pay an average of 12% less than your expected home sale price.
- Sell to iBuyers: iBuyers like Opendoor and Offerpad, buy hundreds of homes in Rochester and other Michigan markets. This can be a good option if you are trying to sell your home fast in Michigan.
- Realtors in Michigan: Michigan Realtors will charge around 5% – 6% commission from the seller. However, if you are new to the real estate market it is likely you will need the guidance of a licensed real estate agent.
The Final Verdict
Selling your home will probably be one of the biggest financial decisions of your life. As the seller, you must pay the listing agent and the buyer agent’s commission. Flat Fee Realtors can help you save thousands in seller commissions.
We recommend Houzeo for most FSBO sellers in Michigan. Houzeo’s user-friendly dashboard, combined with IntelliList Listing Management will help you navigate the tough real estate space with ease.
» Houzeo Reviews: Check out what FSBO sellers have to say about listing with Houzeo.com
Frequently Asked Questions
Which are the top Flat Fee MLS listing companies in Michigan?
The best Flat rate MLS listing companies in Michigan are:
1. Houzeo
2. FSBO.com
3. Modern Way Realty
4. Flat Fee Realty
5. Kermath Realty
What is a flat fee deal?
It is a deal where the best platforms like Houzeo charge you a fixed price and give you multiple features in its exchange. The flat fee MLS services in Michigan do not charge on a commission basis.
How much does it cost to use flat fee MLS?
In Michigan, the listing cost depends upon the platform you choose to list your property on MLS. It costs you between $229 to $998, depending upon the plan you decide to go with.
Is Flat Fee MLS Legal?
Yes, is legal all over the United States, including in Michigan. In fact, the US DOJ just updated their bulletin highlighting the benefits of Flat Fee MLS for 'For Sale By Owner' home sellers.
What is the major difference between a Flat Fee MLS service company and a Traditional Agent?
A traditional broker commission model is usually 6% on closing which is going to cost more for you as home seller. A Flat Fee MLS Michigan listing service on the other hand, asks you a flat fee instead.
What is for sale by owner contract?
An FSBO contract is a legally binding document used to buy and sell a house.
>> Click here to know Who draws up contract in for sale by owner?
Flat Fee Listing Services Near Me
Region | Cash Home Buyers |
---|---|
Nationwide | MLS My Home | Brokerless | Fizber | Flat Fee Group | MLS My Home | Brokerless Inc | UnReal Estate |
Near-Nationwide | List With Freedom | Homecoin | Flat Fee Realty | Buyself Realty |
Northeast | Simple Choice Realty | Realmart |
Midwest | Lake Country Flat Fee | Madcity Homes | Broker Direct MLS | Ohio Flat Fee MLS | Reozom | Flat Fee Pros | Kermath Realty | Modern Way Realty | Flat Fee MLS Realty | Circle One Realty | Congress Realty |
South | FlatList.com | ListingSpark | Creek View Realty | Mr. Lister Realty | Mink Realty | List Now Realty | Listingly | Adams Family Real Estate | Simply List |
West | Savvy Lane Reviews | Lowes Flat Fee Realty | By Owner Oregon | Home Savings Realty |
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