✏️ 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.
Beycome is a real estate company that offers Flat Fee MLS listing services. They allow you to list your home For Sale By Owner and save money on the agent commission. However, the company lacks vital services you may need in your home selling process.
Beycome’s outdated technology registers your house with the MLS. However, they manage other important tasks offline, including coordinating home inspections, appraisals, and more.
With other FSBO platforms like Houzeo, you get stellar technology, and 5-star customer support while saving top dollar on the listing agent’s commission. With their innovative approach, selling your home will become a seamless experience.
Key Takeaways
- Pros: Beycome’s barebones listing will get you on the MLS for just $99.
- Cons: Their DIY approach might be overwhelming and challenging for first time sellers.
- Our Take: We do not recommend Beycome to inexperienced sellers. Instead, you can go for better alternatives like Houzeo. With Houzeo, you get stellar technology and 5-star customer support all while saving top dollar on listing agent’s commission.
So, let’s delve into Beycome reviews and their pros and cons to see if they are the best choice for you.
What is Beycome?
Beycome is a For Sale By Owner website that allows sellers to list their property on MLS for a flat fee. On the other hand, it offers a dashboard for buyers to search properties.
Beycome aims to simplify real estate transactions while saving commissions. Their approach eliminates the requirement for real estate agents, saving you the conventional 3% commission.
How Does Beycome Work?
Home sellers can register with Beycome, choose the services they need, fill in their information, and pay an upfront fee.
For Sellers
Sellers can use Beycome by following these steps:
- Register with Beycome by filling out a form. You need to enter the details like the type of the property, its location, photos, description, etc.
- Select the MLS package you want to purchase.
- Choose the upgrades you need.
- Make the payment.
For Buyers
Buyers can simply register by using their email account. After registration, they can enter their preferred location and browse through the listings on their website.
Beycome Packages
Beycome offers three packages to home sellers ranging from $99 to $499.
Basic Package
This package costs $99 and includes barebones services. They list your property within 36 hours and allow you to upload unlimited photos to the MLS. They also provide legal forms and disclosures. Additionally, you can modify your listing without any additional fees.
Enhanced Package
Beycome’s Enhanced package costs $299. This package includes all the services of the Basic package along with some additional offerings. In this, you get a customizable yard sign, a lockbox for showings, a featured listing status for your property on beycome.com, and a virtual tour video on YouTube.
Concierge Service
This package costs $499 upfront plus 1% commission or $999 at closing, whichever is higher. This package includes all the services of the Enhanced package along with some additional offerings.
In this package, you get comparative market analysis (CMA), home valuation service, and pricing assistance. Additionally, it offers comprehensive support for negotiation and paperwork, as well as a 3D tour of your property.
Beycome Customer Reviews
Beycome has substantial reviews on websites like Trustpilot, Yelp, and Google. While most reviews are positive, some Beycome reviews are conflicting in terms of customer service. Let’s have a look at some of them.
Beycome Reviews: Praises
✅ Sebastian is happy with the overall experience with Beycome.
✅ According to Eloisa, Beycome provides the best value for money.
Beycome Reviews: Complaints
❌ Aven found the whole experience frustrating. He even highlighted Beycome’s false advertising.
❌ Arthur expressed dissatisfaction with Beycome’s customer service. Additionally, he discovered an error on Beycome’s part that they refused to address.
Beycome Pros and Cons
Beycome is eliminating traditional ways of selling and purchasing homes. The company is helping home sellers and buyers by simplifying real estate transactions.
However, you need to evaluate the pros and cons before you make the decision.
👍 Pros
- Unlimited Listing Changes: With Beycome, you can make unlimited changes to your listing’s description, photos, or price adjustments.
- Customer Service: Beycome offers customer assistance in English, French, and Spanish seven days a week.
- Marketing & Advertising Assistance: You can create marketing materials with Beycome to enhance visibility among potential buyers.
- Comprehensive Support: Beycome provides comprehensive support, including legal documentation and digital processes, ensuring a seamless experience.
👎 Cons
- Limited Coverage: Beycome has limited coverage. They only offer their services in ten states.
- Restriction on Buyer’s Rebate: You will not get any discount if you are purchasing through Beycome. Moreover, you need the lender’s approval to be eligible for the refund. Additionally, there may be restrictions when it comes to FHA and VA loans.
- Not for Novice Sellers: The DIY approach of Beycome might not be suitable for inexperienced sellers.
Alternatives to Beycome
1. Houzeo
/5
( reviews)
Queen's Take
Houzeo offers 4 comprehensive For Sale By Owner Listing plans.
- Bronze: In this basic plan, you get a 6-month listing term with maximum photos on the MLS.
- Silver: In the silver plan, you can list 24 photos for 6 months. You also get a yard sign and unlimited listing changes. Your listing is syndicated to Zillow, Trulia, and more.
- Gold: Gold is Houzeo’s signature MLS package with tech features like Houzeo Showings, Houzeo Offers, and DigiTransact.
- Platinum: This is the ultimate flat fee plan with a 1-year listing term and virtual full-service from a licensed broker.
👉 Is Houzeo Legit? Find out before investing!
Houzeo has the best tech available for an FSBO platform. Check out Houzeo pros and cons!
- No Listing Commission: 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 offers up-to-the-minute technology to give you a smooth ride from list to close. You get an intuitive seller’s dashboard, a 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 4,523 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!
We recommend Houzeo’s Gold plan priced for an easy and quick listing. The full-service Platinum plan is a great option for first-time FSBO sellers who need expert guidance.
👉 Is Houzeo Good? Find out here!
2. Homecoin
4.6/5
(50+ reviews)
Queen's Take
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.
3. Fizber
4.3/5
(90 reviews)
Queen's Take
Fizber.com may be a good option if you’re considering selling your home. Fizber’s MLS Boost Package is priced lower than many of its competitors, making it an affordable option for those looking to list their homes on the MLS.
Fizber is an agent referral company, offering 4 packages for FSBO home sellers.
- Free FSBO Listing ($0): This package only lists your home on Fizber’s website.
- Digital Boost Package ($95): With this package, you get a featured listing on Fizber and Redfin and an Open House Manager. However, your home will not get listed on the MLS.
- MLS Boost Package ($270): This package includes a listing on the MLS with six photos, which will be syndicated to Fizber and many other real estate websites.
- Premium MLS Boost Package ($295): For this package, you can list your home on the MLS with the maximum number of photos allowed.
» How Much Does Fizber Cost? Is Fizber Legit? Read the blog to find out.
If you’re considering selling your home as an FSBO, Fizber.com may be a good option. Here are a couple of reasons why:
- Competitive Pricing: Fizber’s MLS Boost Package is priced lower than many of its competitors, making it an affordable option for those looking to list their homes on the MLS.
- Extra Services in Some States: Depending on the state you’re selling in, Fizber may offer additional listing photos and a longer listing term than what is included in their standard packages. However, you’ll need to contact their customer service team to confirm availability in your state.
» Pros and Cons of Fizber: Read this blog to know more about them.
Some common issues that have been found in Fizber’s review online include:
- Unpredictable Broker Quality: Fizber advertises itself as being available nationwide, but it is not. Reviews have cited inactive agents and limited coverage in several states.
- Success Fee in Some States: A 0.5% success fee is charged at closing if you are selling your property in Colorado, North Dakota, South Dakota, or Wyoming. This is a hidden fee not mentioned apart from the pricing page.
- Extra Charges for Documents: Fizber charges extra fees ranging from $15 to $50 for documents like seller’s disclosure, lead paint disclosure, and contract for sale, which other FSBO listing services offer for free.
We recommend the MLS Boost Package priced at $295, which provides extensive exposure to your property by listing it on the MLS with unlimited photos.
» Fizber Reviews: Here’s what customers have to say about Fizber.
Should You Sell With Beycome?
While Beycome’s tools and pricing seem compelling, the DIY process can be overwhelming for most home sellers. The savings offered by Beycome comes at the cost of quality services and personal assistance.
You can get more savings, better services, and stellar customer support on Houzeo. Their technology-smart platform includes features like the ability to manage lists, schedule showings, counter an offer, and request the highest and best offer.
Frequently Asked Questions About Beycome
Is Beycome legit?
Yes. Beycome is a legitimate company offering services in ten states. They claim to offer savings in the real estate transactions.
Which is the best FSBO company?
There are various FSBO companies out there that provide good services. Houzeo, Redfin, and Homie are among the leading companies in this space, offering reliable and quality services.
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