If you're selling your home for sale by owner (FSBO) in Arkansas, hiring a flat-fee MLS service can help you increase your listing's visibility without breaking the bank.
The average commission rate for full-service listing agents in the The Natural State is approximately 3%. Based on the median sale price for Arkansas homes, as of November 2019, that translates to about $4,530.
In contrast, typical rates for flat-fee MLS companies in Arkansas are in the $199 to $750+ range. The most basic plans can be as low as $50 to $99, while more comprehensive services range upwards of $1,000 to $3,000.
It's important to remember that every Arkansas flat-fee MLS service is different. When evaluating offerings, be sure to read the fine print: look at things like the length of the listing term (and how much it costs to extend); whether there's a fee to make changes to your listing; how many photos are allowed; the policy on buyer's agent commission; and more.
>> LEARN more about flat-fee MLS services and how to evaluate them.
To help you make the right choice, Clever has picked some of the top flat-fee MLS services across the state of Arkansas.
Top Arkansas Flat-Fee MLS Companies in 2020
Flat Fee Realty of NW Arkansas
Flat Fee Realty of Northwest ArkansasPrice Range
$299
Number of Photos
N/A - Information unavailable
Listing Term
N/A - Information unavailable
- Flat Fee Realty of Northwest Arkansas is a licensed brokerage offering flat-fee MLS listings and FSBO services in Arkansas
- Buyer leads forwarded to you
- Instant home valuation tool available on website
- For sale sign (with your phone number) and lockbox included
- In-person listing appointment
- No transaction fees
$299 - Flat Fee MLS
- Local MLS access - no listing term specified
- Listing syndicated to Realtor.com, Zillow, Trulia, and more
- Number of photos not specified
- In-person listing appointment
- Buyer leads forwarded to you
- Your phone number on for sale sign
- Lockbox
Pros
- Buyer leads forwarded to you — opportunity to avoid buyer’s agent commission
- Free home valuation tool
- Lockbox and for sale sign (with your phone number) included
- In-person listing appointment
Cons
- Listing term, number of photos, policies for changes and cancellations not specified on website — contact company directly for more info
- No built-in support with contracts, disclosures, counteroffers, etc.
As of August 11, 2020, Flat Fee Realty of Northwest Arkansas has an average rating of 4.8/5 based on 5 reviews on Google.
Small Fee Realty
Small Fee RealtyPrice Range
$375-750
Number of Photos
20
Listing Term
6 months up to until sold
- Small Fee Realty is a licensed real estate brokerage in Arkansas offering flat-fee MLS listings for sellers and buyer rebates for buyers
- Set your own buyer’s agent commission (Small Fee Realty recommends 2.5%-3%)
- Pay an additional 0.75% commission fee at closing for Seller Representation
- Option to have buyer inquiries are forwarded to you
- Listing is live on the MLS within 24-48 hours after signing
- Listing can be extended in 6-month increments until sold
- Cancel any time for free
$375 - Silver Listing Package
| $750 - Platinum Listing Package
With any package, receive full seller representation services for an addition 0.75% at closing |
Pros
- 20 photos included in base package
- Provides necessary paperwork for contracts, disclosures, and addendums
- Buyer inquiries are forwarded to you
- Cancel any time for free
Cons
- No built-in home valuation or pricing support (included with Premium Package only)
As of August 10, 2020, Small Fee Realty has an average rating of 4.4/5 based on 5 reviews on Google.
National Flat-Fee MLS Services & Brokers Operating in Arkansas
Flat Fee Group
Flat Fee GroupPrice Range
$499-499+
Number of Photos
40
Listing Term
6 months up to until sold
- Flat Fee Group is a national network of independent brokers that offer flat-fee MLS services in Arkansas
- Pay no buyer’s agent commission if you find an unrepresented buyer
- Buyer and agent inquiries forwarded to you (not in Listing Only package)
$499 - Listing Only
$499+0.75% at closing - Full Service+Photos
| $299+0.75% at closing - Full Service
|
Pros
- Work directly with the broker, not a referral service
- Pay no commission if you find an unrepresented buyer
Cons
- No phone or email support with the Listing Only package
- No buyer lead forwarding with the Listing Only package
As of August 6, 2020, Sam Cook, the Arkansas Flat Fee Group broker, has a 5-out-of-5-star rating on Zillow (9 reviews).
Flat Fee Realty
Flat Fee RealtyPrice Range
$199
Number of Photos
6
Listing Term
6 months
- Flat Fee Realty is a nationwide flat-fee MLS referral service, licensed in Connecticut, that connects you with Arkansas brokers and agents who will list your home on the MLS for a pre-negotiated rate
- You set buyer’s agent commission
- MLS photo upgrade available for $50
- State disclosures and forms available
- Unlimited listing changes
- Buyer leads forwarded to you
- Refund available within 30 days of purchase
$199 - MLS Listing package
- 6-month listing on MLS
- Syndicated to Realtor.com, Zillow, Trulia, and more
- 6 Photos
- Free state disclosures
- Unlimited listing changes
- No cancellation fee
- Buyer leads forwarded to you
MLS photo upgrade available for $79
Pros
- Unlimited listing changes
- No cancellation fee
- Free state disclosures
- Buyer leads forwarded to you
- Refund available within 30 days of purchase
Cons
- No built-in home valuation or market analysis
- Limited coverage in rural areas
As of August 11, 2020, no third-party reviews exist for Flat Fee Realty. We will update when this information becomes available.
Houzeo
HouzeoPrice Range
$225-395
Number of Photos
6 to max allowed
Listing Term
3-6 months
- Houzeo is a flat-fee MLS referral service that connects you with Arkansas brokers and agents who will list your home on your local MLS for a pre-negotiated rate
- Draft your listing, upload photos, set your price, and sign MLS contracts via Houzeo’s online dashboard
- Autofills listing details using publicly available info about your home to expedite the listing process
- Home valuation not included in service
- Does not require that you offer buyer’s agent commission
- Listing is typically live within 24 hours of submission
$225 - Bronze
| $395 - Gold
|
Pros
- Free cancellation anytime (no refunds)
- Freedom to specify any buyer’s agent commission
- Listings typically go live within 24 hours
Cons
- Limited coverage in rural areas
- “Free changes” only apply to listing’s price, status, and property description; $10 for additional changes
As of August 10, 2020, Houzeo has an average rating of 4.8/5 based on 21 reviews on Google.
Alternatives to Flat-Fee MLS in Arkansas
The Arkansas real estate market is increasing rapidly. According to Zillow, the median home value rose 3.7% over the past year and is expected to see an increase of 3.9% in 2020. To realize your home's full value (or ideally more), it's important to weigh all of your options for selling before making a final decision.
- Flat-Fee Real Estate Agents
- Discount Real Estate Agents
- Low-Commission Real Estate Agents
- 1% Commission Real Estate Agents
- Sell to an iBuyer