The best flat-fee MLS services | Other ways to save | Additional resources
If you’re selling your home for sale by owner (FSBO) in Lexington, hiring a flat-fee MLS service can help you increase your listing’s visibility to potential buyers.
The average commission rate for full-service listing agents in Kentucky is approximately 3%. Based on the median sale price for Lexington homes — which as of May 31, 2021 was $225,027 — that translates to about $6,751.
In contrast, you'll pay between $249 and $999 to list your home with flat-fee MLS companies in Lexington. The most basic flat-fee real estate packages will offer little more than a listing on the MLS, but more comprehensive packages could include additional services like help with negotiations and paperwork.
That being said, using a Lexington flat-fee MLS company to sell FSBO comes with additional costs in terms of time, energy, and your final sales price. You'll have to manage your own sale — from scheduling showings to drafting contracts. And, FSBO homes usually sell for 6% less on average than agented properties.
If using a flat-fee MLS company is still the right choice for your sale, we've picked some of the best flat-fee MLS services in Lexington.
But, if you're not ready to sell FSBO, one of your best options is to work with a discount real estate company like Clever. With Clever, you'll only pay 1% or $3,000 to list your home instead of the typical 3%. And, you'll get full-service support from a great Lexington realtor so you can sell for top dollar!
💰 SAVE: List with a full-service agent for just $3,000 or 1%
The best Lexington flat-fee MLS companies
Every Lexington flat-fee MLS service is different. When evaluating the following options, be sure to read the fine print. Look at things like the length of the listing term, fees to change your listing, how many photos you can add, and more.
» MORE: Find out how to evaluate flat-fee MLS services
McClellan Gray Real Estate
McClellan Gray Real EstatePrice Range
$399 + 3% or $299 + 3.5%
Number of Photos
30-99
Listing Term
6 months
- McClellan Gray Real Estate is a licensed, Kentucky real estate brokerage that specializes in flat-fee MLS listing services in Lexington, Louisville, and the surrounding areas
- Comparative market analysis included
- Pre-set buyer’s agent commissions (unless you find an unrepresented buyer)
- Staging and contract assistance included
$399 + 3% at closing (2.5% to buyer’s agent and 0.5% to McClellan Gray)
| $299 + 3.5% at closing (2.5% to buyer’s agent and 1% to McClellan Gray)
|
McClellan Gray also offers a full-service option for a 5% total commission and a closing assistance only option. See website for details.
Pros
- Work directly with the broker, not a referral service
- Home valuation included with basic package
- Home listed on at least 2 MLSs
Cons
- Set buyer’s agent commissions
- With basic package, no negotiation, inspection, or closing assistance if you have an unrepresented buyer
As of August 17, 2020, McClellan Gray Real Estate has an average rating of 4.8/5 based on 11 reviews across Google and Realtor.com.
- Google: 4.5/5 (4 reviews)
- Realtor.com: 4.9/5 (7 reviews)
Mink Realty
Mink RealtyPrice Range
$299-999
Number of Photos
6-50
Listing Term
6-12 months
- Mink Realty is a licensed real estate brokerage offering flat-fee MLS listing services to Kentucky and Southern Indiana
- Market analysis included
- Cancel anytime
- Listing typically goes live in 48 hours
- You choose the buyer’s agent commission (2.5%-3%)
- Practices dual agency (if an unrepresented buyer buys your home, Mink Realty will represent you and them and claim the buyer’s agent commission)
- Buyer and agent inquiries forwarded to you
$299 - Silver
| $499 - Gold
|
Additional a-la-carte services include: professional photos, open house sign, listing on a second MLS, rush service, additional open house ads, lockboxes, and more
Pros
- Work directly with the broker, not a referral service
- Buyer leads forwarded to you
Cons
- No built-in market analysis
- Doesn’t offer full coverage in Indiana or Kentucky — see website for details on specific MLS access
National flat-fee MLS services in Lexington
Didn't find a great option in local flat-fee MLS companies? These national brands operate in the Lexington area, too.
Houzeo
HouzeoPrice Range
$329-429 (+$200 at closing)
Number of Photos
6 to max allowed
Listing Term
3-6 months
- Houzeo is a flat-fee MLS referral service that connects you with Kentucky 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
$329 - Bronze
| $429 - Gold
|
All plans require an additional $200 at closing to cover Kentucky's minimum service requirements.
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.
Flat Fee Realty
Flat Fee RealtyPrice Range
$249
Number of Photos
Listing Term
6 months
- Flat Fee Realty is a nationwide flat-fee MLS referral service, licensed in Connecticut, that connects you with Kentucky 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
$249 - 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 $50
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.
FSBO.com
FSBO.comPrice Range
$399.95 (+ $299 at closing)
Number of Photos
Listing Term
6 months
- FSBO.com is a flat-fee MLS referral service that connects you with licensed brokerage MLSmart Realty, LLC. MLSmart Realty then refers you to a regional Kentucky broker who will list your home on your local MLS for a pre-negotiated rate
- Set your own buyer’s agent commission (FSBO.com recommends 2-3%)
- Edit or cancel anytime (may include an additional fee)
- Additional $299 paid at closing to cover state’s minimum service requirements
$399.95 + $299 at closing - Kentucky Flat Fee MLS
- 6-month listing on MLS
- Syndicated to Realtor.com, Zillow, Trulia, and more
- 6 MLS photos ($5 per each additional photos)
- Yard sign
- FSBO.com Listing
- Unlimited photos on FSBO.com
- Video Upload on FSBO.com
Pros
- Set your own buyer’s agent commission
Cons
- Only one package to choose from
- No home valuation included
As of August 12, 2020, FSBO.com has an average rating of 4.9/5 based on 26 reviews on Zillow and an A+ rating with Better Business Bureau.
Note: As a referral service, the reviews and service quality of your local FSBO.com broker may vary. Be sure to research your broker before signing a listing agreement.
Alternatives to Flat-fee MLS services in Lexington
To sell your home for top price, it’s important to weigh all of your options before making a final decision. A Lexington flat-fee MLS company may make the most sense for your sale, or one of these options may work better.
- The Best Low-Commission Real Estate Agents
- What to Know Before Selling to an iBuyer
- How to Sell Your Home to a Cash Buyer
For most sellers, though, working with a company like Clever is the best way to maximize your savings while selling your home for top dollar.