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
Flat Fee Group
Flat Fee GroupPrice Range
$299-$799
Number of Photos
5-50
Listing Term
4 months up to until sold
- Flat Fee Group is a national network of independent brokers that offer flat-fee MLS services in South Dakota
- Pay no buyer’s agent commission if you find an unrepresented buyer
- Buyer and agent inquiries forwarded to you
- Contracts, disclosures, and addendums included
- $299 - Basic
- 4-month listing on MLS
- Syndicated to Realtor.com, Zillow, Trulia, and more
- Up to 5 photos
- Contracts, addendums, and disclosures
- Phone/Email support
- Printable color flyer
- Sign
- Combo lockbox
- Supra Electronic Key Box (additional $225 with $100 refundable)
- CSS (showing scheduling and feedback service)
- Comparative market analysis (CMA)
- $399 - Showcase
- Same as Basic package, plus:
- 12-month listing on MLS
- Up to 25 photos
- $799 - Full Service
- Same as Showcase package, plus:
- Unlimited listing on MLS (until sold)
- Up to 50 photos
- Contract review and offer advice
- Negotiation assistance
Pros
- Work directly with the broker, not a referral service
- Buyer inquiries forwarded directly to you
- Pay no commission if you find an unrepresented buyer
Cons
- Certain features of packages not available in all areas
N/A — as of January 23, 2020, no third-party review information was available for Chere Rosa de Sharon, the South Dakota Flat Fee Group broker. We will update when this information becomes available.
Flat Fee Realty
Flat Fee RealtyPrice Range
$199 (+0.5% at closing)
Number of Photos
6
Listing Term
Listed until sold
- Flat Fee Realty is a nationwide flat-fee MLS referral service, licensed in Connecticut, that connects you with South Dakota 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 $79
- State disclosures and forms available
- Unlimited listing changes
- Buyer leads forwarded to you
- Refund available within 30 days of purchase
- $199 + 0.5% at closing - MLS Listing package
- 1% commission if there’s no buyer’s agent
- Listed on MLS until sold
- Syndicated to Realtor.com, Zillow, Trulia, and more
- 6 Photos
- Free state disclosures
- Unlimited listing changes
- No cancellation fee
- Buyer leads forwarded to you
- Broker assistance
- Transaction guidance
MLS photo upgrade available for $79
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 January 22, 2020:
- 4.5-out-of-5-star rating on Facebook (4 reviews)
FSBO.com
FSBO.comPrice Range
$399.95 (+0.5% at closing)
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 South Dakota 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%)
- Photo changes cost $25
- 0.5% due at closing for contract-to-close service
- $399.95+0.5% at closing - South Dakota Flat Fee MLS
- 6-month listing on MLS
- Syndicated to Realtor.com, Zillow, Trulia, and more
- 20 MLS photos
- FSBO.com listing for 1 Year
- Unlimited photos on FSBO.com
- Video Upload on FSBO.com
- Contract-to-close service that includes paperwork and negotiations (0.5% at closing)
A-la-carte options (purchased directly from local broker) include: electronic lockbox, open house ad, and photo changes
Pros
- Set your own buyer’s agent commission
- A-la-carte services available
Cons
- Only one package to choose from
- No home valuation included
- 0.5% due at closing
- Photo changes cost $25
As of January 23, 2020:
- FSBO.com has an A+ rating with Better Business Bureau
- Broker MLSmart Realty has a 4.9-out-of-5-star rating on Zillow (26 reviews)
Note: As a referral service, the reviews and service quality of your local FSBO.com broker may vary. Be sure to research your South Dakota broker before signing a listing agreement.
National Flat-Fee MLS Services & Brokers Operating in South Dakota
MLS My Home
MLS My HomePrice Range
$99+
Number of Photos
Up to 25
Listing Term
6 months
- MLS My Home is a nationwide 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
- Listings posted on the MLS within 24-48 hours
- Buyer and agent inquiries forwarded to you
- Set your own buyer’s agent commission (within a required range in some locations, e.g. 2-3%)
- Pay no buyer’s agent commission if you find an unrepresented buyer
- Cancel anytime
- $99
- 6-month listing on MLS
- Syndicated to Realtor.com and other major real estate sites
- 6 photos (can upgrade to 25 for additional fee)
- Property webpage with own URL
Available packages, services, and pricing depend on location. Check the website for details about your local options.
Pros
- Cancel anytime
- No commission if you find the buyer
- Buyer inquiries forwarded directly to you
Cons
- Limited options and many states
- No built-in home valuation
- May not offer complete coverage in your state
As of January 21, 2020:
- 2.5-out-of-5-star rating on Trustpilot (207 reviews)
- 1-out-of-5-star rating on Yelp (17 reviews)
- 3.9-out-of-5-star rating on Facebook (99 reviews)
- F rating with Better Business Bureau with a 2-out-of-5-star customer rating (20 reviews)
Note: MLS My Home will refer you to an independent, local broker who’s level of service and customer reviews may vary from MLS My Home’s, so be sure to research the broker before signing a listing agreement.
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
- 6-month listing on MLS
- 6 photos
- Featured listing on Fizber.com plus unlimited photos
- Open House Manager Tool
- Listing on Redfin, Zillow, Realtor.com, and Trulia
- Social media sharing
- $395 - Premium MLS Boost
- Same as MLS Boost, plus:
- 25 photos
- Social media sharing, plus Facebook and Instagram Ads
Fizber also offers two non-MLS listing options:
- $0 - Free Listing:
- Unlimited photos on Fizber.com
- $95 - Digital Boost
- Same as Free Listing, plus:
- Featured Listing
- Open House Manager Tool
- Listing on Redfin
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 January 1, 2020:
- B- rating with the Better Business Bureau and a 2.25-out-of-5-star rating from customers (12 reviews)
- 3.5-out-of-5-star rating on Trustpilot (82 reviews)
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