If your objective is to sell your home at the asking price and quickly, your default solution will be to use a full-service real estate broker. The 6% commission doesn’t seem like such an expense given that the purpose of the broker is to help you attain these objectives. However, the flat fee MLS Tennessee homeowners use enables them to reach those same objectives while saving 6% in commissions. But, before you dive into selling on a flat fee MLS, you need to know which ones are the best as this will determine your level of success.
1. Houzeo
Since breaking into the market, Houzeo has disrupted the flat fee MLS market, changing sellers’ perspectives of real estate transactions and earning it the no.1 spot for flat fee MLS brokers in the US.
Houzeo’s process operates entirely online – you can submit your documentation, sign any agreements, accept offers, create counteroffers, and interact with buyers from the platform.
However, to further simplify the process, they also offer live chat and telephonic support. Other features that make Houzeo the best flat fee MLS Tennessee homeowners can access is the ability to select your buyer agent commission and receive vital assistance at closing.
2. Homecoin
Homecoin is the budget solution. The platform offers sellers a cheaper way to get on MLS. The only drawback: it lacks vital features, meaning objectives like selling quickly or at the asking price are often unattainable. To Homecoin’s credit, the service allows you to do all the basics: upload images, create descriptions, and get syndication to local MLS for only $95. But, the hidden fees and limited support are significant drawbacks.
Because of this lack of support, if you’re in a predicament, there’s not much you can do to get assistance, which delays the selling process. Also, unlike competitors, the process isn’t automated, which means you have to manually manage the listing and any queries that result from it.
3. FSBO.com
Most sellers will have heard of FSBO.com, as it has been in operation since the 1990s. This longevity means FSBO has superior syndication compared to any other flat fee MLS listing Tennessee sellers can access. This vital syndication is contrasted by the site’s outdated platform, which makes it difficult for sellers – and buyers – to use. Furthermore, it’s the most expensive option and requires sellers to input a buyer agent commission of between 2% and 3%, something other flat fee MLS services don’t necessitate.
But before you decide to list your home on one of these flat fee MLS listings, Tennessee homeowners should check the Tennessee flat fee reviews for each of these options. Because while a flat fee listing service could do great in other states, it may not have the syndication – and reach – for it to be worthwhile in Tennessee. For that reason, it’s best to compare reviews from Tennessee homeowners to get a more comprehensive look.