The best MLS services | FAQ about flat-fee MLS companies | Other ways to save on your sale
Whether you’re selling a home in Pierre or a cabin near Black Hills National Forest, paying 6% in realtor fees is a lot.
That’s why some sellers use a flat-fee MLS company to list their home on the MLS — the main place where realtors find homes to show their clients — in exchange for a small one-time fee.
What’s the catch?
- Less support: You manage your own sale — without a full-service agent to handle pricing, photography, paperwork, and negotiations.
- Lower sales price: For sale by owner (FSBO) homes usually sell for significantly less than homes sold by agents — 6% less on average compared to agent-represented properties.
- You still pay a buyer’s agent fee: 88% of buyers work with an agent — who still needs to get paid. In South Dakota, you’re on the hook for 2.14%-3.27% of the final sale price.
If you want to save on fees but aren’t ready for a “Do-It-Yourself” experience, Clever can match you with full-service realtors who work for a low flat fee of $3,000 or 1%.
Clever is the best alternative to the full DIY approach if you're in South Dakota! You'll save thousands on listing fees, while still getting the support you need to sell your home fast AND for top dollar.
» SAVE: List with a full-service agent for just $3,000 or 1%
If you’re still interested in finding flat-fee MLS listing options in South Dakota, read on! We’ve reviewed the best (and worst!) services in The Mount Rushmore State.
The 5 best South Dakota flat-fee MLS companies
Flat Fee Group
Flat Fee GroupPrice Range
$595-995
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
$595 - Basic
| $795 - Showcase
|
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
- No built-in CMA in low-tier options
As of August 10, 2020, Chere Rosa de Sharon, the South Dakota Flat Fee Group broker, has an A+ rating on the Better Business Bureau.
Flat Fee Realty
Flat Fee RealtyPrice Range
$199 (+0.5% at closing)
Number of Photos
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 $50
- 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 $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 (+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 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.
MLS My Home
MLS My HomePrice Range
$49-99
Number of Photos
5-25
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
$49
| $69
|
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 August 17, 2020, MLS My Home has an average rating of 2.5/5 based on 280 reviews across Trustpilot, Yelp, and Facebook.
- Trustpilot: 2.6/5 (236 reviews)
- Yelp: 1/5 (18 reviews)
- Facebook: 2.7/5 (26 reviews)
- BBB: F
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
| $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.
Hidden costs of flat-fee MLS companies
Some companies claim to offer flat-rate MLS services but charge "hidden" fees at closing. We've even seen some companies that claim to offer a "free" MLS listing only to charge you a percentage of the sale price at closing.
These predatory practices could cost you thousands of dollars when you expect to pay only a few hundred.
Always make sure to read the fine print for any service. Look out for "closing fees" or "admin fees" that you'll owe the broker in addition to an up-front flat fee.
Further, some flat-fee MLS companies offer a la carte services like photography, paperwork help, and signage. These services can reduce some of your DIY work, but watch out. These add-ons can add up!
At a certain point, you may be better off finding a full-service agent who charges a clear and upfront discounted rate.
Frequently asked questions
How much do flat-fee MLS services cost in South Dakota?
Typically, you should expect to pay about $300-500 for a flat-fee MLS listing in South Dakota. However, we've seen basic plans for as low as $49 and more comprehensive services that charge as much as $995.
Do I still need to pay the buyer's agent commission?
Although you'll save some money by not having to pay commission to a listing agent (typically 2.40%-3.53% of the sale price), we strongly recommend offering a commission to the buyer's agent. This will incentivize agents to bring their clients to your home.
How much to offer a buyer's agent is up to you, but most selling agent commissions in South Dakota range from 2.14%-3.27%.
» READ: Average Real Estate Commission in South Dakota
How do I sell by owner in South Dakota?
California real estate laws require sellers to disclose all important information about their property, including:
- Building and safety information
- Utilities
- Environmental information (like erosion, noise pollution, and whether it's in a flood plain)
- Sewer and wastewater treatment
You'll share all of this information in the California Real Estate Transfer Disclosure Statement. Your listing broker will provide this document for you to fill out.
» READ: How to Sell a House for Sale by Owner in South Dakota
What are the alternatives to using a flat-fee MLS service in South Dakota?
Discount and flat-fee real estate agents
Discount real estate brokers will list your property for as little as 1% — keeping in mind that you usually still have to pay a 2.6–3% buyer’s agent fee.
We’ve reviewed four national and regional discount brokers that operate in South Dakota.
In South Dakota, Clever offers the lowest rates, with an added advantage: Clever lets you compare multiple agents from major brands like Keller Williams, Century 21, and RE/MAX.
Clever is an agent-matching service that can match you with a pre-vetted, full-service agent for only $3,000 (or 1% if your home is priced above $350,000), plus the typical buyer's agent commission.
Your Clever agent will handle everything for you, from helping you accurately price your home to high-quality photography to negotiating with prospective buyers and filling out the paperwork.
You'll pay only a little more than you'd pay a flat-fee MLS service but save hours of effort by not having to do it all yourself!
Find top agents who charge a flat $3,000 or 1%. Clever's agent-matching service is free, with NO obligation!
Selling without an MLS listing
It's always possible to try selling your house by owner without listing on the MLS. But this makes sense only if you already have a potential buyer lined up.
That's because not listing on your local MLS means not getting the most effective exposure for your property. MLS listings are posted to every major real estate website. Plus, real estate agents access MLS listings to find properties for their clients.
If you don't secure an MLS listing, you'll be limited to sites like Craigslist and Facebook Marketplace and relying on a yard sign.