✏️ 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.
If you’re selling your house in Kentucky, you need to list it on the MLS. The MLS is the most powerful tool to sell and buy homes in Kentucky.
Only real estate agents have access to the MLS. But as a home seller, you don’t have to pay thousands in listing commission to an agent to list and sell your home. There are 4 options how you can list on MLS:
- List Yourself via a FSBO Website (Most Recommended): Some of the best FSBO sites will let you list and sell your home yourself. And in doing so, you’ll save thousands in commission!
- List on a Flat Fee MLS Service: A Flat Fee MLS service will get you on the MLS for a flat fee, with no listing commission.
- List with a Discount Broker: Discount Brokers charge anywhere from 0.5% to 2% in commission. Here’s our ranking of America’s best discount real estate brokers.
- List with a Traditional Agent (Least Recommended): A traditional real estate agent will charge you a full 2.5% to 3% commission. Plus they can be old school, with manual and inefficient processes.
Home prices in Kentucky are rising but are expected to reduce further as the year progresses. So, if you want to sell your house in Kentucky, now is the time!
MLS is Key for Sellers 💯
- Most homes in the Kentucky sell via the MLS. The MLS gives you unparalleled exposure to both buyer agents and buyers.
- Homes on MLS sold for 17% more than non-MLS listed homes, according to a Bright MLS study. MLS homes also sold faster.
- MLS listings get syndicated to Zillow, Trulia, Realtor.com, Redfin, and hundreds of other websites giving your property critical exposure.
- There are 600+ MLS’ in the U.S. It is critical you list on your local MLS. This ensures your listing is viewable to your local buyer agents.
What is the MLS in Real Estate?
Multiple Listing Service (MLS) is a database that enables real estate agents and brokers to list and view homes for sale. An MLS listing includes all the information about your property, such as its price, description, and photos.
The homes listed on MLS are syndicated to various online real estate websites. This amplifies the exposure your property gets.
Only licensed real estate agents have access to the MLS. Consequently, only real estate agents can create MLS listings.
» List with Houzeo in Kentucky: List on MLS by owner with Houzeo.com without a real estate agent license.
Benefits of Listing a Home on MLS
Listed below are some of the benefits of listing on the MLS in Kentucky:
- Get Maximum Exposure: When you list on MLS, your listing gets syndicated to hundreds of real estate websites such as Zillow, Trulia, Redfin, and Realtor.com. This boosts your property’s visibility to potential buyers.
- Market to Buyer Agents: According to NAR, 86% of home buyers purchased their homes through a buyer agent last year. Listing on MLS is the most effective way to market your property to potential buyers.
- Incentivize the Buyer Agent: As mentioned above, buyer agents are involved in most real estate transactions. The MLS allows you to incentivize buyer agents with a competitive commission.
- You Can Sell Faster: Homes listed on MLS are sold 17% faster than those that were not listed on MLS.
What is a Flat Fee MLS listing?
A flat fee MLS listing service will list your house on the Kentucky MLS at a flat rate. Unlike hiring RE agents, you can skip paying a hefty sum as a commission with a flat fee MLS service.
There are two types of flat fee services:
- MLS Entry-Only Services: They only list your home on Kentucky MLS for you. Some might also syndicate it to other websites like Zillow and Trulia.
- MLS Packages: They provide additional services, besides listing on the MLS, like photography, yard signs, and showings.
Rankings: 5 Best Flat Fee MLS Services to List on MLS Yourself in Kentucky:
| Flat Fee MLS Service | Price | Hidden Fees | 100% Online | Offer Management | Showing Management | 5-star Reviews | Mobile App |
|---|---|---|---|---|---|---|---|
| 1. Houzeo | $229-$399 | None | ✅ | ✅ | ✅ | ✅ | ✅ |
| 2. Mink Realty | $299-$999 | $250 | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
| 3. Flat Fee Realty | $199 | 0.1%- 0.25% | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
| 4. List With Freedom | $149-$295 | 0.25% | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
| 5. I Sold My House | $299-$399 | None | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
Reviews: 5 Best Flat Fee MLS Companies in Kentucky
1. Houzeo
4.9/5
(5,465 reviews)
Queen's Take
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.”
2. Mink Realty
5/5
(20+ reviews)
Queen's Take
What sets Mink Realty apart is its Managing Broker – Donna Mink. Donna Mink is an experienced Flat Fee MLS broker representing thousands of home sellers. With Mink Realty, you can list and sell properties all over Kentucky and Indiana.
Mink Realty provides 3 Flat Fee MLS packages.
- Silver Package – $299 + $250 at closing: The package is apt for selling land or a lot. It includes a listing term of 6 months with 6 photos. Your property gets listed on Zillow, Trulia, and Realtor.com.
- Gold Package – $499 + $250 at closing: It includes everything from the Silver Package + yard sign with 50 photos, Showing time scheduling system, and feedback where available.
- Platinum Package – $999 + $250 at closing: The package includes everything from the Silver and Gold packages + Realtor assistance with offers, contract review, negotiations, repair requests, etc.
Here are a few of their additional services:
- Realtor Assistance: $800
- Supra Electronic Lock Box Rental: $100
- 6-month Listing Extension: $250
- Mink Realty Yard Sign: $50
Check out the best features of Mink Realty:
- Buyer Lead Forwarding: Buyer leads are forwarded to you without agent involvement.
- Great Exposure: Mink Realty will list your home on local and national sites like Zillow, Trulia, Realtor.com, and more.
- Assistance and Support: You get email support in all the packages. However, in the Platinum package, you get both email & phone support.
- Statewide Coverage: Mink Realty covers the entire state of Kentucky.
There are no red flags with Mink Realty. Donna Mink enjoys a solid name among the broker community. However, there are several upgrades. If you opt for a basic plan, we advise you to budget for these expenses because they can add up quickly.
👉 Mink Realty Reviews: Here’s what Houzeo home sellers have to say about working with Mink Realty.
We recommend the Silver package priced at $299 which is more reasonable than the Gold and Platinum package.
3. Flat Fee Realty
0/5
(No credible reviews)
Queen's Take
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.
4. List With Freedom
4.1/5
(1849 reviews)
Queen's Take
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.
5. I Sold My House
4.7/5
(60 reviews)
Queen's Take
We support iSoldMyHouse.com in the 8 states it operates in. We suggest buying the "Get Sold" plan if you reside in one of these states. More than six photos should be taken because they help sell your house.
iSoldMyHouse provides 2 packages:
- Get Listed – $299+: The package includes a listing term of 6 months with 6-10 photos.
- Get Sold – $399+: The package includes a listing term of 6 months with 25 photos.
» Is ISoldMyHouse Legit?: Read this blog to find out.
iSoldMyHouse.com is a good choice in the 8 states where it offers services.
- Experienced Broker: The owner of iSoldMyHouse, Kris Lippi is an experienced real estate broker. Kris is one of the few brokers with great expertise in For Sale By Owner MLS listings.
- Robust Customer Support: iSoldMyHouse has good reviews on trusted websites like Google and BBB.
» Pros and Cons of Homecoin: Read the in-depth analysis of Homecoin.
There are a few negatives with iSoldMyHouse.com
- Leads Sold to Local Brokers in 42 States and DC: iSoldMyHouse.com offers services in 8 states. In the remaining 42 states + DC, it sells your information to a local broker. Then, a local broker will contact you to list your property. You don’t get any listing assistance or customer care support in these 42 states + DC.
- Slow Listing & Time to Make Changes High: In the 42 states + DC where it does not provide its services, it sells your information to a local broker. Due to this your listing on the MLS and other FSBO paperwork gets delayed.
- Not 100% Online: iSoldMyHouse is low on tech. You have to review offers and manage inspections manually. It also does not offer a mobile app.
- Limited Coverage: I Sold My House currently serves in only 8 states. You will have to check if their packages are available in your area.
👉 iSoldMyHouse Review: Read a detailed review for iSoldMyHouse before investing.
We recommend iSoldMyHouse.com in the 8 states it covers. We suggest you buy the “Get Sold” plan if you reside in one of these states. Getting more than 6 photos is crucial because it helps to sell your house.
» ISoldMyHouse.com Reviews: Do consider reading these reviews before choosing ISoldMyHouse.
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💡 Cheapest Ways to List on MLS: Paying 3% of the purchase price as real estate commission can become an unwelcomed expense if you are an experienced seller. We recommend opting for a Flat Fee MLS Package for listing For Sale By Owner on MLS.
How to List Your House on MLS in Kentucky?
You can list your house on Kentucky MLS using several methods, using a full service realtor or a Flat Fee MLS service. However, the steps to listing on the MLS are the same.
Here we can look through the basic steps of “how to list on the MLS”.
- Do Your Research: There are several ways to access the MLS, hiring a real estate agent is just one of them. You should know all your options before proceeding.
- Find What Suits You Best: Most companies offer a range of Flat Fee MLS listing packages, differing in features according to the seller’s experience, the listing term, and MLS coverage.
- Get Professional Photographs: 87% of buyers rely on photographs to make a decision. Accordingly, getting professionally clicked photos of your house can help you sell your house faster.
- Create a Listing: While creating a listing for your local MLS, go with a catchy headline, comprehensive description, and attractive photographs.
- Get listed on MLS: After finalizing these all prospects, forward the same to the listing agent and get your property listed on the MLS.
How Much Does it Cost to List on MLS in Kentucky
The cost of listing on the Kentucky MLS depends on the method you use. You can pick a full service agent or a flat fee MLS service.
A full service agent will require you to pay a seller agent commission of 2-3%. A flat fee MLS service will get you listed at a flat rate.
However, beware of hidden charges and fees at closing. Some sites may not be upfront about these costs.
Alternatives to Listing on MLS By Owner in Kentucky
There are alternative ways to List on the MLS By Owner, and they are as follows.
- Going Completely FSBO: ‘For Sale By Owner’ refers to selling real estate without the assistance of a real estate agent or broker. Many For Sale By Owner MLS listing services like Houzeo, Zillow, Craigslist, and ForSaleByOwner.com offer free listings on their respective websites.
- Discount Real Estate Brokers: A discount real estate broker offers all the services that a traditional real estate agent does for a fraction of the cost. They typically sell your house for a 1% commission compared to the 2.5% to 3% charged by a traditional real estate agent charges.
» Creative Ways to Market an FSBO House: Find out 18 Creative Ways to Market a House For Sale By Owner Homes.
How to List on MLS via Houzeo.com in Kentucky?
List your home on MLS via Houzeo.com in 4 simple steps!
- Start Your FREE Listing: On your browser, go to Houzeo.com and click on “Start Free Listing” at the top right corner.
- Add Information About the Property & Photos: Register, and on your Houzeo dashboard click “Sell a Property“. Provide your property information, select a buyer agent commission, and upload photos.
- Choose a Listing Plan: Houzeo offers 4 MLS listing packages. We recommend the GOLD package as it will give you access to all of Houzeo’s technologically advanced features, like listing management, scheduling showings, and offer and lead management.
- Complete the Listing Documents: Listing docs will be automatically assigned to you based on your listing agent, property type, and local MLS. Completing the listing paperwork will take about 20 to 30 minutes.
If everything is in order, your listing will be live on your local MLS within 24-48 hours!
Level up Your Listing Game with Houzeo!
Choose Houzeo to get the best market exposure and powerful tools to navigate the MLS journey.
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Final Word
Listing in the MLS in Kentucky is a great way to boost the sale of your property. However, it can be expensive as access to MLS is restricted to real estate agents.
Even if you are new to selling, listing on MLS for sale by owner with a Flat Fee MLS broker like Houzeo can gain you profit.
» Houzeo Reviews: Check out what FSBO sellers have to say about listing with Houzeo.com
Frequently Asked Questions about Listing on MLS
1. Is Flat Fee MLS legal in Kentucky?
Flat Fee MLS is legal all over the United States. In fact, the US Department of Justice just updated their bulletin highlighting the benefits of Flat Fee MLS for For Sale By Owner home sellers.
2. Are Flat Fee Realtors good in Kentucky?
Some home sellers assume that since flat-fee realtors are working for lower fees they might not provide you with good services but there are thousands of home sellers who’ve already tried these flat-fee realtors and they have saved thousands of dollar with the best services!
3. Can I request to add open houses easily?
Our IntelliList Listing Management system makes requesting open houses to be added a breeze!
4. How much money can I actually save?
You can save up to 100% of the real estate commissions! With the Flat Fee MLS listing on Houzeo, you save the 3% listing agent commission. You’re obligated to pay the buyer’s agent the commission you offered if they’re represented by an agent, but if you procure a buyer with no agent involved, you can save even that!
» Houzeo Hidden Fees: Read further to know how much more you can save!
5. How to sell your house in 2023?
If you want to sell your home in 2023, you must follow these tips:
1. List on MLS.
2. Offer a competitive buyer's agent commission.
3. Set a competitive pricing for your house.
4. Use professional photography.
» List on America’s #1 FSBO Site and save thousands of commission.
6. Do I need to sign a contract to list my home in Kentucky?
Yes, but these contracts for Flat Fee MLS listings are generally “entry-only”. That means they’re limited to the agent entering your listing into the MLS. And they can be canceled/terminated anytime with no penalty!
7. Can you list rentals on the MLS in Kentucky?
Yes, you can list rentals on the MLS. Listing rentals on the MLS can boost your visibility and give you a competitive edge. Accordingly, you can close the rental transaction faster.
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