The best flat-fee MLS services | Other ways to save | Additional resources
If you’re selling your home for sale by owner (FSBO) in Memphis, hiring a flat-fee MLS service can help you increase your listing’s visibility to potential buyers.
The average commission rate for full-service listing agents in Tennessee is approximately 3%. Based on the median sale price for Memphis homes — which as of May 31, 2021 was $211,083 — that translates to about $6,332.
In contrast, you'll pay between $129 and $999 to list your home with flat-fee MLS companies in Memphis. The most basic flat-fee real estate packages will offer little more than a listing on the MLS, but more comprehensive packages could include additional services like help with negotiations and paperwork.
That being said, using a Memphis flat-fee MLS company to sell FSBO comes with additional costs in terms of time, energy, and your final sales price. You'll have to manage your own sale — from scheduling showings to drafting contracts. And, FSBO homes usually sell for 6% less on average than agented properties.
If using a flat-fee MLS company is still the right choice for your sale, we've picked some of the best flat-fee MLS services in Memphis.
But, if you're not ready to sell FSBO, one of your best options is to work with a discount real estate company like Clever. With Clever, you'll only pay 1% or $3,000 to list your home instead of the typical 3%. And, you'll get full-service support from a great Memphis realtor so you can sell for top dollar!
💰 SAVE: List with a full-service agent for just $3,000 or 1%
The best Memphis flat-fee MLS companies
Every Memphis flat-fee MLS service is different. When evaluating the following options, be sure to read the fine print. Look at things like the length of the listing term, fees to change your listing, how many photos you can add, and more.
» MORE: Find out how to evaluate flat-fee MLS services
Alternative Realty
Alternative RealtyPrice Range
$499
Number of Photos
25
Listing Term
6 months
- Alternative Realty is a regional flat-fee real estate brokerage serving parts of Tennessee and North Carolina.
- Set your own buyer’s agent commission (2.5-3% recommended)
- Maintain the right to sell FSBO
- Free listing changes and cancellations
$499 - Standard
- 6-month listing on MLS
- Syndicated to Realtor.com, Zillow, Trulia, and 100+ more.
- 25 Photos
- Free listing appointment with agent
- For Sale sign and lockbox provided
- Free listing changes
Pros
- No fees for listing changes
- Free sign and lockbox
- Work directly with the listing broker
Cons
- No low-budget options provided
- $299 to renew listing
As of July 30, 2020, no third-party review information was available for Alternative Realty or its representative broker. We will update when this information becomes available.
Martin Properties
Martin PropertiesPrice Range
$99-395
Number of Photos
10-30
Listing Term
3-6 months
- Martin Properties is a licensed real estate brokerage in Tennessee that specializes in flat-fee MLS listings
- Direct telephone access to broker for advice
- Set your own buyer’s commission
- Cancel anytime for free
- Listing is active within 24-48 hours after submitting necessary paperwork
- Additional a-la-carte options include videos, photo captions, a 26-week action plan, and signs
$99 - By Owner MLS Basic package
| $179 - By Owner Basic Plus package
|
Additional broker assistance for selling help, advice, offer reviews, etc. is available for $395
Pros
- Direct telephone access to broker for advice (advice may be limited by level of service)
- Cancel anytime
- Buyer leads are forwarded to you
- Free listing changes
Cons
- Additional broker advice lives behind a paywall
- No built-in home valuation or pricing support
ResultsMLS
ResultsMLSPrice Range
$379-999
Number of Photos
10-max allowed
Listing Term
6-12 months
- ResultsMLS is a licensed, Tennessee real estate brokerage that specializes in flat-fee MLS listing services
- Provides contracts, addendums, and disclosures (downloads)
- Built-in comparative market analysis (CMA)
- Money-back guarantee
- Professional photography, contract review, negotiation support, and open houses are available for an additional fee
- Listing is live within 48 hours after the completion of necessary paperwork
- Price changes are free, but changes to description or photos are $25 each
- Cancel any time (no refunds)
$379 - Silver Basic Package
| $499 - Gold Showcase Package
$999 - Platinum Package
|
Pros
- Buyer leads contact you directly
- Showing service access
- CMA available upon request
- Includes yard sign, flyers, and lockbox
- Money-back guarantee — but only if you hire one of ResultsMLS’s local, full-service partner agents instead
Cons
- Minimum fee is $600 if you cancel Platinum package early
- No built-in contract/paperwork review or support
National flat-fee MLS services in Memphis
Didn't find a great option in local flat-fee MLS companies? These national brands operate in the Memphis area, too.
Why6Percent
Why6PercentPrice Range
$399
Number of Photos
N/A — information not available
Listing Term
6 months
- Why6Percent is a national real estate service that connects you with local brokers to list your property on the MLS for a flat fee
- Maintain the right to sell FSBO
- Free flyer templates provided
- No minimum commission for buyer’s agent (2.5-3% recommended)
- Sales and marketing assistance available
$399 - Listing
- 6-month listing on MLS
- Syndicated to Realtor.com, Trulia, Zillow, and more
- Multiple Photos
- Free flyer template
- Free legal forms and contracts
- Sales and marketing assistance
Pros
- Free flyer templates for marketing
- Sales assistance provided throughout listing
- No minimum commission for buyer’s agent
Cons
- No CMA/market analysis provided
- Why6Percent is a referral service; experiences will vary depending on their local partner brokerage
N/A — as of August 8th, 2020, no third-party review information was available for Why 6 Percent. We will update when this information becomes available.
Houzeo
HouzeoPrice Range
$225-399
Number of Photos
6 to max allowed
Listing Term
3 months to Until Sold
- Houzeo is a flat-fee MLS referral service that connects you with Tennessee 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
$225 - 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 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.
ISoldMyHouse.com
iSoldMyHouse.comPrice Range
$299-399
Number of Photos
6-25
Listing Term
6-12 months
- ISoldMyHouse.com is a nationwide flat-fee MLS referral service, operated by Get Listed Realty, that connects you with local brokers and agents who will list your home on the MLS for a pre-negotiated rate
- You set buyer’s agent commission (recommend 2%-3%)
- Listing is live within 24 hours
- No cancellation fee
- Unlimited listing changes
- Buyer leads forwarded to you
- $299 - Get LISTED
- 6-month listing on MLS
- Syndicated to Realtor.com, Zillow, Trulia, and more
- 6 or 10 Photos
- Unlimited listing changes
- Buyer leads forwarded to you
- Contracts, disclosures, and other forms
- Seller-managed ISoldMyHouse.com listing
- $399 - Get SOLD
- Same as Get LISTED package, plus:
- 25 photos
- 12-month listing on MLS (in some states)
A-la-carte services include signs, lockboxes, and more
Additional fees may apply or services may differ if you live in a state with laws about minimum brokerage service requirements.
Pros
- Unlimited listing changes
- Buyer leads forwarded to you
- No cancellation fee
- Free online guides and articles for selling a home without a realtor
- Easy social media sharing on all the major platforms
Cons
- The network of affiliate brokers doesn’t cover every county in the country
- Only 6-10 photos in base package
- No built-in home valuation or market analysis
As of August 11, 2020, iSoldMyHouse.com has an average rating of 4.1/5 based on 8 reviews on BirdEye and has an A+ rating on the Better Business Bureau.
Alternatives to Flat-fee MLS services in Memphis
To sell your home for top price, it’s important to weigh all of your options before making a final decision. A Memphis flat-fee MLS company may make the most sense for your sale, or one of these options may work better.
- The Best Low-Commission Real Estate Agents
- What to Know Before Selling to an iBuyer
- How to Sell Your Home to a Cash Buyer
For most sellers, though, working with a company like Clever is the best way to maximize your savings while selling your home for top dollar.