If you're selling your home for sale by owner (FSBO) in New York, 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 Big Apple is approximately 3%. Based on the median sale price for New York homes, as of January 2020, that translates to about $15,000.
In contrast, typical rates for flat-fee MLS companies in New York are in between $199 and $2,499. Nationwide, 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 York 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 New York.
Top New York Flat-Fee MLS Companies in 2020
Hauseit
HauseitPrice Range
$379-1,499
Number of Photos
Unlimited
Listing Term
6 months
- Hauseit is a New York-based flat-fee MLS referral service that connects you with local, traditional brokers and agents who will list your home on the MLS for a pre-negotiated rate
- Services New York City, Hudson Valley, and Long Island
- Free listing changes
- Buyer and agent inquiries go through the partner broker’s office and then are passed to you — this keeps buyers from learning you’re saving on commission
- Set your own buyer’s agent commission (Hauseit recommends 2.5-3%)
- Pay no commission if you find an unrepresented buyer
- Offers a variety of additional, a-la-carte options including broker consultations, professional photography, virtual staging, custom floor plans, open house assistance, appraisal services, and real estate attorney referrals
$379 - Agent Assisted FSBO
| $599 - Agent Assisted FSBO+Pro Photos+Floor Plan
|
A-la-carte services include: broker consultations, professional photography, virtual staging, custom floor plans, open house assistance, appraisal services, and real estate attorney referrals
Hauseit also offers a 1% full-service package. Check website for details.
Pros
- Free listing changes
- Buyer leads go through the listing broker’s main office (the buyer doesn’t know you’re saving on commission, which could lead to lower offers)
- Pay no commission if you find an unrepresented buyer
Cons
- No built-in home valuation or pricing assistance
As of August 1, 2020, Hauseit has an average rating of 4.9/5 based on 174 reviews across Google and Trustpilot.
- Google: 4.9/5 (103 reviews)
- Trustpilot: 4.9/5 (71 reviews)
Net Realty Now
Net Realty NowPrice Range
$299-$2,499
Number of Photos
20
Listing Term
6 months
- Net Realty Now is a licensed real estate brokerage that specializes in flat-fee MLS listing services in Virginia, Washington, D.C., Maryland, and New York
- Set your own buyer’s agent commission (Net Realty Now recommends 2%-2.5%)
- Buyer leads forwarded to you
- Unlimited text editing of your MLS listing
- $299 - Flat Fee MLS package
- 6-month listing on the MLS
- 20 photos
- Listing syndicated to Realtor.com, Zillow, Homes.com, and more
- Unlimited text editing of your MLS listing
- Comparable sales info on similar properties if available
- No closing fees
- Legal documents to complete transaction
- Buyer leads forwarded to you
- $2,499 - Full Service Flat Fee package
- Same as Flat Fee MLS package, plus:
- Unlimited consulting services including marketing advice, contract negotiations, and complete guidance through the entire selling process with a licensed real estate broker
Online appointment service can be purchased for $50
Fees may be incurred for excessive photo editing of submitted pictures
- Pros:
- 20 photos in base package
- Buyer leads forwarded to you
- Unlimited text editing of your MLS listing
- Cons
- No built-in home valuation
As of January 15, 2020:
- 3-out-of-5-star rating on Yelp (2 reviews)
- A+ rating on the Better Business Bureau
- 4.7-out-of-5-star rating for Thomas Hennerty (broker) on Zillow (19 reviews)
Realmart Realty
Realmart RealtyPrice Range
$395-695
Number of Photos
6-25
Listing Term
6 months up to until sold
- Realmart Realty is a licensed, New Jersey and New York real estate brokerage that specializes in flat-fee and low-commission MLS listing services
- Set your own buyer’s agent commision (Realmart recommends 2%-3%)
- Unlimited listing changes, excluding photos
- Listing is live within 24-48 hours of completion of necessary paperwork
- Additional, a-la-carte services include legal advice, more photos, unlimited open house postings, lockboxes, staging consultation, professional photography, additional MLS listing, comparative market analysis (CMA), listing extensions, signs, and flyers
- Money-back guarantee through referral agreement
$395 - Flat Fee MLS Listing Plan
- 6-month listing on the MLS
- 6 photos
- Listing syndicated to Realtor.com, Zillow, Trulia, Homes.com, and more
- For sale sign
- Unlimited listing changes, excluding photos
- All buyer inquiries forwarded to you
$695 + 1% or $3,000 at closing - 1% Professional Agency Plan
- Same as Flat Fee MLS Listing Plan, plus:
- 12-month listing on the MLS, with free 12-month extensions
- Unlimited open houses
- 3D photo and floor model
- 12x7 live customer service with online appointment scheduling
- 1 for sale sign and 8 open house signs
- Digital lockbox
- Professional agent consultation on pricing, clean-up, repair, and staging ideas
- Full paperwork support and legal representation from contract review to closing
- Dedicated professional guidance/coaching on negotiation, inspection, appraisal issues, etc.
Pros
- Buyer inquiries forwarded to you
- Offers money-back guarantee — if you decide to go with a full-service agent and Realmart Realty makes the referral
- Free listing changes (some will require an additional fee)
Cons
- No built-in home valuation or CMA with basic package
- Only 6 photos with basic plan — can upgrade to 25+ for an additional fee
As of August 12, 2020, Realmart has an average rating of 4.4/5 based on 173 reviews across Google and Trustpilot.
- Google: 3.5/5 (14 reviews)
- Trustpilot: 4.5/5 (159 reviews)
- BBB: A+
National Flat-Fee MLS Services & Brokers Operating in New York
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 New York 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 $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.
Houzeo
HouzeoPrice Range
$250-399
Number of Photos
6 to max allowed
Listing Term
3-6 months
- Houzeo is a flat-fee MLS referral service that connects you with New York 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
$250 - Bronze
| $399 - 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 New York
The New York real estate market is stable. According to Zillow, the median home value fell 0.8% over the past year and is expected to increase by 3% in the next year. 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