5 Best New Mexico Flat-Fee MLS Companies

If you're selling your home for sale by owner (FSBO) in New Mexico, 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 Land of Enchantment is approximately 3%. Based on the median sale price for New Mexico homes, as of November 2019, that translates to about $11,970.

In contrast, typical rates for flat-fee MLS companies in New Mexico are in the $99 to $1,095+ 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 New Mexico 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 New Mexico.

Top New Mexico Flat-Fee MLS Companies in 2020

EDITOR'S NOTE: Clever doesn't offer a basic flat-fee MLS-only service, so we've compiled objective overviews of local companies that do based on publicly available data. We do offer a free service that lets you work with top-rated realtors for a reduced, flat fee — you can check it out (and read reviews) here.

Affordable Realty Services

Affordable Realty Services

Price Range

$395-1,095

Number of Photos

15-50

Listing Term

12 months

Description
Pricing
Pros & Cons
Reviews
  • Affordable Realty Services is a licensed, New Mexico real estate brokerage that specializes in flat-fee MLS listing services
  • Built-in comparative market analysis (CMA)
  • Open house postings on the MLS
  • 5 MLS listing packages include both FSBO and full-service options
  • Offers money-back guarantee if you decide to list with a full-service agent via referral instead
  • Additional, a-la-carte services available, including social media and print advertising, lockbox and for sale sign rentals, professional paperwork preparation, and more — visit site for full list and details.
$395 - Basic FSBO package
  • 12-month listing on the MLS
  • 15 photos
  • Listing syndicated on Realtor.com, Zillow, Trulia, and more
  • Open house postings on the MLS
  • Professional CMA
$535 - Value FSBO package
  • Same as Basic FSBO package, plus:
  • Use of realtor lockbox
  • Virtual home tour
$945 - Basic Full Service package
  • Same as Value FSBO package, plus:
  • For sale sign
  • Broker assistance in negotiating offers and repairs
  • Broker monitors transaction, reviews documents, and attends closing
  • Does not include virtual home tour
$995 - Value Full Service package
  • Same as Basic Full Service package, plus:
  • 50 photos
  • Automatic showing feedback from realtors
  • Property flyer emailed to approx. 2,500 local real estate brokers
  • Does not include virtual home tour
$1,095 - Premier Full Service package
  • Same as Value Full Service package, plus:
  • Home advertised on Craigslist
  • Home advertised on Facebook
  • Complete property website with flyers, school info, virtual tour, and more


Pros

  • Built-in CMA
  • Open house postings on the MLS with basic package
  • 12-month listing with basic package

Cons

  • Downloadable contracts, disclosures, and other required paperwork not available

As of July 30, 2020, Affordable Realty Services has an average rating of 3.5/5 based on 20 reviews across Google and Yelp.

SHOW MORE

Congress Realty

Congress Realty

Price Range

$299

Number of Photos

4

Listing Term

6 months

Description
Pricing
Pros & Cons
Reviews
  • Congress Realty is a licensed brokerage in Alaska, Arizona, California, Idaho, Louisiana, Montana, Nevada, New Mexico, Oregon, Texas, Utah, and Washington that specializes in flat-fee MLS listing services
  • Free comparative market analysis (upon request)
  • You set buyer’s commission (Congress Realty recommends 3%)
  • Listings typically go live in 1 business day
  • Free, unlimited changes
  • Your phone number displayed on the MLS listing

$299

  • 6-month listing on MLS
  • Syndicated to Realtor.com, Zillow, Trulia, and more
  • 4 photos
  • Downloadable contracts, addendums, and disclosure forms
  • ShowingTime showing scheduling and feedback service


A-la-carte services include: more photos, open house advertisements, listing renewals, professional photography, yard signs, lockbox, and more.

Pros

  • Pay no buyer’s agent commission if you find the buyer
  • Free, unlimited changes
  • Wide variety of a-la-carte services
  • Home buyer rebates if you buy with Congress Realty (in states where available)

Cons

  • May not cover every part of your state
  • Fewer photos than other comparable flat-fee MLS services

As of August 4, 2020, Congress Realty has an average rating of 4.8/5 based on 30 reviews across Yelp and Zillow.

SHOW MORE

For Sale by Owner New Mexico

For Sale By Owner New Mexico

Price Range

$395-995

Number of Photos

30-99

Listing Term

12 months

Description
Pricing
Pros & Cons
Reviews
  • For Sale By Owner New Mexico is a licensed, New Mexico real estate brokerage that specializes in flat-fee MLS listing services
  • Provides yard sign and necessary real estate forms (downloads)
  • Open house postings on the MLS
  • Recommendations for home inspectors, home stagers, mortgage companies, and more available on website
  • Comparative market analysis (CMA) included with mid- and premium-tier packages
  • Listing fee is refundable if you opt to list with a referred, full-service brokerage
$395 - I’ve Done This Before package
  • 12-month listing on the MLS
  • 30 photos
  • Yard sign to rent
  • Real estate forms (downloads)
  • Listing syndicated on Realtor.com, Zillow, and more
  • Open house postings
$995 - Give Me The Works! package
  • Same as the I’d Like Professional Guidance package, plus:
  • 99 photos
  • Electronic document signing
  • Net sheet
$795 - I’d Like Professional Guidance package
  • Same as the I’ve Done This Before package, plus:
  • Broker guidance
  • 50 photos
  • Professional CMA
  • Printable property flyer
  • Lockbox
  • Online appointment service
  • Email and phone support though transaction


Pros

  • 30 photos and 12-month listing term with basic package
  • Listing fee is refundable if you opt to list with a referred, full-service brokerage
  • Lots of helpful services and support included with mid- and top-tier packages

Cons

  • No built-in support with basic package
  • No home valuation or CMA included with basic package

As of August 11, 2020, For Sale By Owner New Mexico has an average rating of 4.3/5 based on 7 reviews across Realtor.com and Yelp.

SHOW MORE

Hardy & Co. Real Estate

Hardy and Company, LLC

Price Range

$395-695+

Number of Photos

Unlimited

Listing Term

12 months

Description
Pricing
Pros & Cons
Reviews
  • Hardy & Company, LLC is a licensed, New Mexico real estate brokerage that specializes in flat-fee MLS listing services
  • Listing is live within 24 hours of receiving photos and listing information
  • Set your own buyer’s commission (Hardy & Co. recommends 2-3%)
  • Broker assistance available through sales process
  • Make unlimited changes to listing
  • Cancel anytime for free
$395 - Flat Fee Listing package
  • 12-month listing on the MLS
  • Max photos on MLS (up to 99 on the Santa Fe MLS and Albuquerque MLS; up to 20 on the New Mexico MLS)
  • Listing syndicated to Realtor.com, Zillow, Trulia, and more
  • Broker assistance through sales process
  • Unlimited changes to listing
  • Buyer inquiries forwarded to you
  • Open house postings on MLS, Realtor.com, and Zillow
  • Yard sign with your contact info
  • Cancel of pause listing anytime for free

$395 + 1% - Listing + Contract & Closing Support package
  • Same as Flat Fee Listing package, plus:
  • Pay 1% of sale price at closing (minimum of $3,000)
  • Negotiate all offers, counteroffers, and contingencies for you
  • Handle all paperwork on approved Real Estate Association of New Mexico forms
  • Work with the title company, buyer’s lender and buyer’s broker to see you through the closing process
$695 + 1.5% - Full Service Listing package
  • Same as Listing + Contract & Closing Support package, plus:
  • Pay 1.5% of sale price at closing (minimum of $4,000)
  • Comparative market analysis (CMA)
  • Pricing guidance and advice
  • Professional photography
  • Professionally designed e-flyer
  • 50 hard copies of color flyer
  • Yard sign with Hardy & Co.’s contact info
  • Flyer box attached to sign























Pros

  • Buyer inquiries are forwarded to you
  • Broker assistance available through sales process
  • Unlimited changes to listing
  • Cancel anytime for free

Cons

  • No built-in CMA or home valuation with first two packages
  • Hardy & Co. doesn’t handle showings or open houses with Full-Service Listing package

As of August 7, 2020, Hardy & Co. Real Estate and its broker, Stever Hardy, have an average rating of 5/5 based on 10 reviews across Google and Zillow.

SHOW MORE

National Flat-Fee MLS Services & Brokers Operating in New Mexico

Houzeo

Houzeo

Price Range

$229-399

Number of Photos

6 to max allowed

Listing Term

3-6 months

Description
Pricing
Pros & Cons
Reviews
  • Houzeo is a flat-fee MLS referral service that connects you with New Mexico 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
$229 - Bronze
  • 3-month listing on MLS
  • 6 Photos
  • Virtual tour
  • $25 for each listing change
  • Syndicated to Zillow, Trulia, Realtor.com, and more
$299 - Silver
  • Same as Bronze plan, plus:
  • 6-month listing on MLS
  • 24 Photos
  • 10 free listing changes
  • Select and communicate with Escrow Agent
$399 - Gold
  • Same as Silver plan, plus:
  • Max photos allowed by MLS
  • Federal and state disclosures forms














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.

SHOW MORE

Alternatives to Flat-Fee MLS in New Mexico

The New Mexico real estate market is increasing rapidly. According to Zillow, the median home value rose 5.3% over the past year and is expected to see an increase of 4.5% 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.

Quick Tip: Don't let upfront "savings" cost you thousands when you sell your home...

Yes, a flat-fee MLS service can save you money on commission — if you know what you're doing. However, homes listed "For Sale By Owner" with an MLS service typically sell for thousands less than agent-assisted homes. 

Plus, there's no guarantee your home actually sells. Since flat-fee MLS services are paid upfront, that means you're out the hundreds of dollars you already spent. 

The Alternative: List with Clever and get a top agent for a reduced rate. 

At Clever, our free service connects you to top-rated agents from name brands like Keller Williams, RE/MAX, Century 21, and more — full-service agents with a proven record of selling fast, for top dollar. 

You pay $0 upfront. So if you don't see the value when you talk to an agent, you're free to walk away. No strings attached. But if you do decide to work with any agent, you'll also get an exclusive low rate — a flat $3,000 or a reduced commission of just 1%.