If you're selling your home for sale by owner (FSBO) in Nashville, 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 Music City is approximately 3%. Based on the median sale price for Nashville homes, as of January 2020, that translates to about $8,850.
In contrast, typical rates for flat-fee MLS companies in Nashville are in between $99 and $499. 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 Nashville 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 Nashville.
Top Nashville Flat-Fee MLS Companies in 2020
iList Realty
iList RealtyPrice Range
$499 to 1.5% commission
Number of Photos
2-10
Listing Term
6 months up to until sold
- iList Realty is a licensed, Nashville, Tennessee real estate brokerage that specializes in flat-fee MLS listing services
- Set your own buyer’s commission
- Pay no buyer’s agent commission if you find your own, unrepresented buyer
- Marketing and pricing advice available
- $499 - Up-Front Listing Fee package
- 6-month listing on MLS
- Syndicated to Realtor.com and more
- 2 photos
- For sale sign
- Marketing and pricing advice available
- $499 + 1% - Up-Front Listing Fee + 1% package
- Same as Up-Front Listing Fee package, plus:
- Listed until sold
- 6 photos
- Comparative market analysis (CMA)
- Printable flyer
- Lockbox
- Disclosure and contract forms
- 1.5% - No Up-Front Fee package
- Same as Up-Front Listing Fee + 1% package, plus:
- Listed for 90 days or more
- 10 photos
- Flyer box
- Contract negotiation
Pros
- Marketing and pricing advice available (but no CMA with basic flat-fee package)
Cons
- Only 2-10 photos on the MLS and Realtor.com
- No budget listing option
- No built-in home valuation for base package
N/A — as of January 17, 2020, no third-party review information was available for iList Realty. We will update when this information becomes available.
Martin Properties
Martin PropertiesPrice Range
$129-$495
Number of Photos
6-30
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
- $129 - By Owner MLS Basic package
- 3-month listing on the MLS
- Listing should automatically be syndicated to Realtor.com, Zillow, Trulia, and more (but broker offers no guarantees)
- 6 photos
- Internet marketing
- Add open house on MLS
- Buyer leads are forwarded to you
- Free initial changes to listing
- $179 - By Owner Basic Plus package
- Same as By Owner MLS Basic package, plus:
- 24 photos
- Unlimited changes to your listing
- $295 - MLS Silver package
- Same as By Owner Basic Plus package, plus:
- 6-month listing on the MLS
- $495 - MLS Gold package
- Same as MLS Silver package, plus:
- 30 photos
- Photo captions and unbranded video
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
Cons
- Free “initial” changes to listing with Basic package — further changes will likely incur a fee (reach out to company for more details)
- Additional broker advice lives behind a paywall
- No built-in home valuation or pricing support
As of January 13, 2020:
Tennessee Flat Fee MLS
Tennessee Flat Fee MLSPrice Range
$99-$179
Number of Photos
6-25
Listing Term
6 months
- Tennessee Flat Fee MLS is a local affiliate of Brokerless, a nationwide, flat-fee referral service that connects sellers with local brokers
- Set your own buyer’s agent commission
- Free status changes and access to listing
- No built-in home valuation or pricing consultation
- Listing is live within 24-48 hours of submission of all necessary paperwork
- No additional fees at closing
- $99 - Basic package
- 6-month listing on the MLS
- 6-month premium listing on Realtor.com
- 6 photos
- Listing syndicated to Zillow, Trulia, MSN, and more
- Set your own buyer’s agent commission
- Provides state required forms and disclosures (downloads)
- Free status changes
- Buyer leads are forwarded to you
- $149 - Premium package
- Same as Basic package, plus:
- 25 photos
- $179 - Premium Plus package
- Same as Premium package, plus:
- 12-month listing on the MLS
Pros
- Free status changes
- Buyer leads are forwarded to you
- Includes premium listing on Realtor.com
Cons
- No listing options beyond 6 months
- No home valuation or pricing consultation available
- FSBO signs are not permitted on MLS listed property
As of January 13, 2020:
- 5-out-of-5-star rating on the Better Business Bureau (6 reviews)
National Flat-Fee MLS Services & Brokers Operating in Nashville
Houzeo
HouzeoPrice Range
$195-$395
Number of Photos
6-24
Listing Term
3-6 Months
- 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
- $195 - Bronze
- 3-month listing on MLS
- 6 Photos
- $25 for each listing change
- Syndicated to Zillow, Trulia, Realtor.com, and more
- $295 - Silver
- 6-month listing on MLS
- 24 Photos
- Syndicated to Zillow, Trulia, Realtor.com, and more
- 10 free listing changes
- Open Houses included in 10 free changes
- Select and communicate with Escrow Agent
- $395 - Gold
- Same as Silver plan, plus:
- Federal and state disclosures forms
- eFile Federal & State Disclosures
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
- $30-50 for changes to photos and additional open houses
As of January 1, 2020:
- 4.7-out-of-5-star rating on Google (15 reviews)
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 December 23, 2019, ISoldMyHouse.com and its parent brokerage Get LISTED Realty have the following online reviews:
- A+ rating from the Better Business Bureau and a 5-out-of-5-star customer review (18 reviews)
Alternatives to Flat-Fee MLS in Nashville
The Nashville real estate market is steady. According to Zillow, the median home value rose 4.1% over the past year and is expected to increase by 4.3% 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