If you're selling your home for sale by owner (FSBO) in Oklahoma, 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 Sooner State is approximately 3%. Based on the median sale price for Oklahoma homes, as of November 2019, that translates to about $5,130.
In contrast, typical rates for flat-fee MLS companies in Oklahoma are in the $195 to $499+ 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 Oklahoma 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 Oklahoma.
Top Oklahoma Flat-Fee MLS Companies in 2020
OKByOwner
OkByOwnerPrice Range
$199-399
Number of Photos
Up to 36
Listing Term
Unlimited (until sold)
- OKByOwner is a FSBO listing site and a flat-fee MLS referral service that connects you with local brokers who will list your home on the MLS for a pre-negotiated rate
- Comparative market analysis (CMA) included
- You set the buyer’s agent commission (OKByOwner recommends 3%)
- Free listing changes
- All required state and local contracts and disclosures
$199 - MLS Basic
| $399 - MLS Deluxe
|
Pros
- CMA included with both packages
- Unlimited MLS listing contract
- Pay no commission if you find your own buyer
Cons
- Only list on the Tulsa, Oklahoma City and Northeastern Oklahoma (NEO) MLS systems
- No a-la-carte service options
As of August 12, 2020, OkByOwner has an average rating of 3/5 based on 2 reviews on Facebook and has an A+ rating on the Better Business Bureau.
Trinity Properties
Trinity PropertiesPrice Range
$199-499+
Number of Photos
6
Listing Term
Listed until sold
- Trinity Properties is a licensed, Oklahoma real estate brokerage that specializes in flat-fee MLS listing services
- Offers a flat fee option and a full service, low commission option
- Comparable market analysis (CMA)
- Contracts, addendums, and disclosures
- Phone/Email support
$199 - Bronze Package
- 6-month listing on MLS.
- Syndicated to Realtor.com, Trulia, and other realty websites
- 6 photos
- Contracts, addendums and disclosures included
- Phone and email support
$399 - Silver Package
- Same as Bronze Package, plus:
- Combination keybox
- Open house postings
- Professional photography session
- Market analysis and pricing assistance
- Contract review, net to seller
$399(+) - Gold Package
- Same as Silver Package, plus:
- Contract, consultation and negotiation assistance
- Full service with closing
- Costs an additional $1000 (or 0.5% for homes over $200,000) at closing
Pros
- Phone/email support
- Includes all contracts and descriptions
- Opportunity for low fee full service closing
Cons
- Doesn’t offer full coverage in Oklahoma — see website for details on specific MLS access
- Severely limited photos
- Basic package does not include a CMA
As of August 10, 2020, Trinity Properties has an average rating of 4.8/5 based on 22 reviews across Google and Facebook.
National Flat-Fee MLS Services & Brokers Operating in Oklahoma
Flat Fee Realty
Flat Fee RealtyPrice Range
$249
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 Oklahoma 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
Number of Photos
20
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 Oklahoma 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)
$399.95 - Oklahoma Flat Fee MLS
- 6-month listing on MLS
- Syndicated to Realtor.com, Zillow, Trulia, and more
- Up to 20 MLS photos
- 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
- Doesn’t have full coverage in Oklahoma
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.
Houzeo
HouzeoPrice Range
$199-399
Number of Photos
6 to max allowed
Listing Term
3-6 Months
- Houzeo is a flat-fee MLS referral service that connects you with Oklahoma 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
$199 - 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 Oklahoma
The Oklahoma real estate market is increasing rapidly. According to Zillow, the median home value rose 5% over the past year and is expected to see an increase of 4.6% 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