If you're selling your home for sale by owner (FSBO) in Portland, 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 City of Roses is approximately 3%. Based on the median sale price for Portland homes, as of January 2020, that translates to about $12,150.
In contrast, typical rates for flat-fee MLS companies in Portland are in between $199 and $999. 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 Portland 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 Portland.
Top Portland Flat-Fee MLS Companies in 2020
Realty Net LLC
Realty Net LLCPrice Range
$199-999
Number of Photos
1-32
Listing Term
1 month up to until sold
- Realty Net LLC is a licensed, Oregon real estate brokerage that specializes in flat-fee MLS listing services
- You set buyer’s agent commission (Realty Net recommends 2.5%)
- No cancellation fee
- Buyer leads forwarded to you
- Listing is live within 24-48 hours
- A-la-carte services include signs, rush orders, additional MLS listings, lockboxes, comparative market analysis, broker assistance, and more
$199 - Basic Flat Fee MLS package
| $499 - Best Flat Fee MLS package
|
Pros
- No cancellation fee
- Buyer leads forwarded to you
- Multiple package options to find what best fits you needs
Cons
- No built-in home valuation
- Only one photo in base package
- 1-month listing in base package
As of August 11, 2020, Realty Net broker Greg Messick has an average rating of 4.8/5 based on 20 reviews on Google and has an A+ rating on the Better Business Bureau.
ByOwnerOregon.com
ByOwnerOregon.comPrice Range
$199-799
Number of Photos
6-32
Listing Term
6-12 months
- ByOwnerOregon.com is a flat-fee MLS listing service operated by Realty Net LLC, a licensed real estate brokerage in Oregon
- You set the buyer’s agent commission (ByOwnerOregon.com suggests 2.5%)
- Listing typically goes live within 2 business days (after receiving your paperwork)
- All buyer leads forwarded directly to you
- Free listing and status changes
- Free cancelation, anytime
$199 - Basic Flat Fee MLS
| $799 - Premium Flat Fee MLS
|
Additional Agent Assist, discounted Full-Service, and customized packages available. Check website for details.
Pros
- Work directly with a local broker, not a referral service
- Free listing changes
- Free cancelation, anytime
- You can build your own packages based on your needs
- Serves all of Oregon
Cons
- No comparative market analysis (CMA) or home valuation in flat-fee MLS packages
- If an unrepresented buyer wants to see your home, that buyer can choose to be represented by Realty NET, which may result in dual agency (potential conflict of interest)
As of August 3, 2020, ByOwnerOregon.com has an average rating of 5/5 based on 13 reviews across Yelp and Google.
Oregon Flat Fee Realty
Oregon Flat Fee RealtyPrice Range
$299-$425+
Number of Photos
10-25
Listing Term
6 months up to until home sold
- Oregon Flat Fee Realty is a licensed, Oregon real estate brokerage that specializes in flat-fee MLS listing services
- Comparative market analysis (CMA) only available with Premium and Realtor Assist Plans
- You set the buyer’s agent commission (no commission if you find a buyer)
- Listing goes live within 24-48 hours of completing paperwork
- Cancel listing anytime
- Free listing changes
- $299 - Basic Plan
- 6-month listing on MLS
- 6-month listing on OregonFlatFee.com
- Syndication to Realtor.com, Zillow, Trulia, and more
- 10 photos
- Double-sided yard sign (upon request, stand and frame not included)
- Forms, contracts, and legal paperwork
- Free listing changes
- Combo lockbox ($40)
- $399 - Premium Plan
- Same as Basic Plan, plus:
- 12-month listing on MLS
- 12-month listing on OregonFlatFee.com
- 25 photos
- CMA and pricing assistance (available upon request)
- Free combo lockbox (upon request)
- $425+0.5% at closing - Realtor Assist Plan
- Same as Premium Plan, plus:
- Unlimited listing on MLS (until home sold)
- Unlimited listing on OregonFlatFee.com (until home sold)
- Following services available upon request:
- Marketing suggestions
- Follow-up and feedback from showings
- Additional CMA for price adjustments
- Negotiation assistance
- Contract review
- Vetting buyer’s financing pre-qualification
- Inspection follow-up and addendums
- Closing assistance
Pros
- Work directly with a local broker, not a referral service
- Free listing changes
- Cancel listing anytime
- Full refund if you decide to sell with a full-service agent Oregon Flat Fee Realty refers you to
Cons
- Doesn’t cover all of Oregon
- CMA only available for Premium and Realtor Assist Plans
- N/A — as of January 14, 2020, no third-party review information was available for Oregon Flat Fee Realty. We will update when this information becomes available.
National Flat-Fee MLS Services & Brokers Operating in Portland
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 Oregon 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.
Fizber
FizberPrice Range
$295-395
Number of Photos
6-25
Listing Term
6 months
- Fizber is a flat-fee MLS referral service that connects you with local brokers and agents who will list your home on the MLS for a pre-negotiated rate
- Requires that you offer buyer’s agent commission between 1-3%
- Listing is typically live within 24 hours of submission
- Fizber also offers an array of free resources and online tools (including home valuations), as well as à-la-carte downloadable forms and guidelines, such as disclosures, contracts, counteroffers, and more
$295 - MLS Boost
| $395 - Premium MLS Boost
|
Fizber also offers two non-MLS listing options:
$0 - Free Listing:
| $95 - Digital Boost
|
Pros
- Basic package includes social media postings — premium package includes target social ads
- Listing appears on MLS within 24 hours of submission
- Refundable up to 30 days
Cons
- Listing expires after 6 months — can renew listing for a discounted rate
- Only 6 photos with basic MLS listing package
- Making changes to your listing may incur additional fees
As of August 5, 2020, Fizber has an average rating of 3.6/5 based on 88 reviews on Trustpilot and has a B- rating on the Better Business Bureau.
Alternatives to Flat-Fee MLS in Portland
The Portland real estate market is stable. According to Zillow, the median home value fell 0.1% over the past year and is expected to increase by 2.4% 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