If you're selling your home for sale by owner (FSBO) in South Dakota, 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 Mount Rushmore State is approximately 3%. Based on the median sale price for South Dakota homes, as of November 2019, that translates to about $6,208.
In contrast, typical rates for flat-fee MLS companies in South Dakota are in the $99 to $799+ 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 South Dakota 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 South Dakota.
Top South Dakota Flat-Fee MLS Companies in 2020
National Flat-Fee MLS Services & Brokers Operating in South Dakota
Compare Flat-Fee MLS Services in Top South Dakota Cities
>> FIND flat-fee MLS info for your city.
Alternatives to Flat-Fee MLS in South Dakota
The South Dakota real estate market is steadily rising. According to Zillow, the median home value rose 3.6% over the past year and is expected to see an increase of 4.1% 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