Richr is a flat fee MLS company that helps you list your home on the multiple listing service (MLS) for a fee of 1% of the home's sale price. It's available in Florida.
Flat fee MLS companies can help you reach buyers through the MLS without paying a listing agent. On a $400,000 home, a traditional agent costs $12,000 (3%). Richr's MLS plan costs just 1%, saving you about $8,000.
Unlike many flat fee MLS companies, Richr provides some agent support, such as contract review. However, you won't get the full range of support that a traditional brokerage gives. You'll largely be responsible for managing the home sale yourself.
This DIY approach comes with risks — including the chance of selling your home for less than it’s worth if you don’t know how to price and market it effectively. In fact, homes sold without an agent sell for $55,000 less on average than agent-assisted sales.[1]
If you want to save on fees but still get expert help, a low-commission agent might be a smarter alternative. These agents offer full service for a reduced listing fee, helping you keep more money in your pocket without sacrificing sale price or support.
Richr flat fee MLS plans and pricing
| MLS Listing: 1% |
|---|
| 12-month MLS listing HD photography Professional home value estimate Disclosure forms Contract review Closing documents Title settlement Daily cash bonuses reinvested in a high-yield savings account |
Richr offers only one plan for sellers, which costs 1% at closing. While this plan is expensive compared to most competitors, you'll get more hands-on support, such as contract review and title settlement.
One of the benefits is that title settlement is included, saving you a few hundred dollars. That setup also offers convenience, since you can complete more of the closing process through one company. However, you’re under no obligation to use Richr Title, and you can opt for a different title company if you prefer.
Richr’s product is also unique thanks to its daily cash bonuses. Richr claims that you’ll earn a cash bonus for every day that your home is listed. These bonuses are then invested in a high-yield savings account with an interest rate of up to 4.83%.
Who does Richr work best for?
Richr is for home sellers who want to avoid paying a 3% commission to a listing agent and are willing to manage some of the sale themselves. However, not everyone is equipped to successfully sell a home on their own.
Richr may be a good fit if:
- You have experience with selling homes, but still want some support
- You're comfortable handling most of the sales process yourself
- You're tech-savvy
- You're just looking for MLS access and a few other basic services
Richr is likely not the right fit if:
- You don't have in-depth knowledge of the home sale process
- You don't have a lot of time to dedicate to the sale
- You want hands-on, in-person support at every step
- You want traditional services like help getting your home ready to sell and coordinating open houses
Need more support at a great price? Clever Real Estate gets you a low 1.5% listing fee with top-rated, full-service agents from trusted brokerages like Century 21 and Keller Williams. You'll receive affordable, comprehensive support from an expert dedicated to maximizing your sale price. Just answer a few quick questions, and we’ll match you with a top-rated agent near you.
Richr pros and cons
Pros
- Great customer service
- No upfront fees
- Title settlement is included
Cons
- More expensive than many competitors
- Lacks a basic, no-frills plan
- Savings are lackluster
Richr reviews from customers
| 5/5 (140 reviews) |
Richr has mostly positive customer reviews, with a rating of 5 out of 5 based on 140 reviews.
Most of the positive reviews highlight the quality of the customer service Richr provided.
Jill C. (2025) said of the lead agent at Richr, “From start to finish, her professionalism, expertise, and dedication made the whole process seamless and stress-free.” And Karen Y. (2025) said of the same agent, “She went above and beyond to help resolve open issues and took a very proactive approach in supporting us.”
These positive comments show that Richr’s agents are more hands-on than many flat fee MLS companies, which helps explain why their services are priced fairly high.
However, compared to traditional agents that charge up to 3%, Richr offers decent savings, something that came up in a number of reviews. Plus, the fact that Richr’s 1% fee covers title settlement also helped customers save money.
As Scott C. (2024) said, “Using Richr saved us $15,000 in closing costs. Having a Realtor who also is a title agent is one of the benefits I didn’t put much thought into, but it saved money and made the process much easier.”
We found almost no negative reviews for Richr, with only a mixed 3-star review from Karen R. (2024) that claimed, “We listed with Richer for 3 weeks. Not enough showings, house was priced wrong, ( too high).”
This review simply highlights that when working with an agent (even one offering a steep discount), it’s important to feel that you’re on the same page with them in terms of pricing and strategy. Unlike most flat fee MLS companies, Richr offers some agent support, so you should feel like you and your agent have the same goals and priorities.
Richr company info
| 🏢 Business address | 2627 NE 203rd St Suite 202, Miami, FL 33180 |
| 🌐 Website | richr.com |
| 📞 Phone number | (844) 957-4247 |
| 🗓️ Founding | 2019 |
| 🏆 Credibility | Featured in major online publications, including Inman,[2] the Miami Herald,[3] and The Street[4] |
Richr alternatives
Richr vs. other flat fee MLS companies
Richr is pricier than many flat fee MLS companies, largely because it offers more dedicated agent support. Alternative companies could help you save more money, especially if you’re looking for a no-frills MLS listing plan with minimal assistance.
Beycome is another Florida-based flat fee MLS company. Its premium plan costs $599 upfront plus 1% at closing, making it more expensive than Richr. On top of that, unlike Richr, Beycome charges an extra fee of $399 for title settlement. However, Beycome offers very affordable basic flat fee MLS plans starting at $99, which Richr doesn’t offer, making it a better choice for DIY-minded sellers who want to save money.
Homecoin is another good alternative if you simply need a basic flat fee MLS plan and you don’t want to pay extra for agent assistance. Its basic plan costs just $95 and includes a 12-month MLS listing with unlimited photos. Even its premium plan only costs $394 and provides some limited agent support. While the savings with Homecoin are much better, keep in mind that you will get more support by using Richr.
HomeLister offers a similar premium product as Richr, but with a different pricing model. Its higher end plans range from $1,699 to $2,999 and include many of the same items that Richr offers. Given that you’re paying a flat fee with HomeLister, that price may be more affordable for you compared to Richr’s 1% fee depending on your home’s sale price. However, HomeLister’s 6-month MLS listing term is shorter than Richr’s 12-month term.
🔍 Compare Richr to the top flat fee MLS companies in Florida
Richr vs. low-commission agents
Flat fee MLS services like Richr work best for confident, hands-on sellers. But if you’re not comfortable handling everything yourself, a low-commission agent can be a smart way to still save on commission.
Low-commission agents (which you can find through services like Clever Real Estate) charge just 1.5% to list your home and offer full service, managing all parts of the sale for you.
You’ll pay more upfront than you would with Richr, but you'll have a lot less work on your shoulders, and you'll likely sell for a much higher price. Agents are experts at pricing, marketing, and negotiating, which can help you get top dollar for your home.
- FSBO listings sell for 13% less on average vs. agent-assisted sales
- Clever lets you list with top local realtors for just 1.5% at closing
- Get full in-person representation, showings, pro photos, and more
