If you're selling your home for sale by owner (FSBO) in El Paso, 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 Sun City is approximately 3%. Based on the median sale price for El Paso homes, as of January 2020, that translates to about $4,830.
In contrast, typical rates for flat-fee MLS companies in El Paso are in between $99-$399. 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 El Paso 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 El Paso.
Top El Paso Flat-Fee MLS Companies in 2020
Texas Broker Flat Fee
Texas Broker Flat FeePrice Range
$99-$399
Number of Photos
6-40
Listing Term
6-12 months
- Texas Broker Flat Fee is a Texas-based real estate brokerage that provides flat fee MLS listing services across the state.
- List FSBO for free, or pay for MLS access
- Free cancellations at any time
- Set your own buyer commission
$0 - Free Listing
$99 - Standard Listing
| $149 - Premium MLS
$399 - Best Listing
|
Pros
- Right to sell by owner FSBO always maintained
- Free package provides local website syndication, even if you choose not to pay for a premium package
Cons
- No CMA/home valuation
- No marketing support or flyers provided
- Listing changes may carry additional fees
N/A — as of August 8th, 2020, no third-party review information was available for Texas Broker Flat Fee. We will update when this information becomes available.
Texas FSBO MLS
Texas FSBO MLSPrice Range
$99-$399(+0.75%)
Number of Photos
10-40
Listing Term
6-12 months
- Texas FSBO is a licensed flat fee MLS real estate brokerage company operating in the state of Texas.
- List FSBO for free, or pay to receive MLS access and additional services
- Free consultations provided
- Right to sell FSBO maintained
$0 - FSBO Listing
$199 - Basic MLS
| $299 - Premium MLS
$399 (+ 0.75% at closing) - Flat Fee Plus Full Service
|
Pros
- Right to sell by owner FSBO always maintained
- Range of budget options available for all customer needs
- CMA and market evaluation standard in all paid packages
Cons
- Not syndicated to major realty sites outside of Realtor.com
- Listing changes may carry additional fees
- Yard signs are not provided - independent yard signs not permitted
N/A — as of August 8th, 2020, no third-party review information was available for Texas FSBO MLS. We will update when this information becomes available.
National Flat-Fee MLS Services & Brokers Operating in El Paso
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.
Houzeo
HouzeoPrice Range
$275-399
Number of Photos
6 to max allowed
Listing Term
3 to 6 months
- Houzeo is a flat-fee MLS referral service that connects you with Texas 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
$275 - 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 listings price, status, and property description; $10 for additional changes
As of August 11, 2020, Houzeo has an average rating of 4.8/5 based on 21 reviews on Google.
Congress Realty
Congress RealtyPrice Range
$299
Number of Photos
4
Listing Term
6 months
- Congress Realty is a licensed brokerage in Alaska, Arizona, California, Idaho, Louisiana, Montana, Nevada, New Mexico, Oregon, Texas, Utah, and Washington that specializes in flat-fee MLS listing services
- Free comparative market analysis (upon request)
- You set buyer’s commission (Congress Realty recommends 3%)
- Listings typically go live in 1 business day
- Free, unlimited changes
- Your phone number displayed on the MLS listing
$299
- 6-month listing on MLS
- Syndicated to Realtor.com, Zillow, Trulia, and more
- 4 photos
- Downloadable contracts, addendums, and disclosure forms
- ShowingTime showing scheduling and feedback service
A-la-carte services include: more photos, open house advertisements, listing renewals, professional photography, yard signs, lockbox, and more.
Pros
- Pay no buyer’s agent commission if you find the buyer
- Free, unlimited changes
- Wide variety of a-la-carte services
- Home buyer rebates if you buy with Congress Realty (in states where available)
Cons
- May not cover every part of your state
- Fewer photos than other comparable flat-fee MLS services
As of August 4, 2020, Congress Realty has an average rating of 4.8/5 based on 30 reviews across Yelp and Zillow.
Alternatives to Flat-Fee MLS in El Paso
The El Paso real estate market is cooling down. According to Redfin, the median sale price rose 3.9% over the past year and is expected to decline by 2.2% 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