There is 175 Residential Inventory active in Alaska, wherewith the help of Flat Fee MLS Alaska Listing Services, 9,442 properties have been sold in Alaska.
In this guide, we’ll cover:
- Rankings: Flat Fee MLS Alaska Companies
- How Much Does Flat Fee MLS Listing Cost?
- Reviews: Alaska Flat Fee MLS Listing Services
- Hidden Fees Charged by Flat Fee MLS Alaska Services
- Final Note
- Frequently Asked Questions
Rankings: Flat Fee MLS Companies
|Flat Fee MLS Service||Price||Hidden Fees||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|2. Congress Realty||$299||$50-$800||⛔||⛔||⛔||⛔||⛔|
|3. I Sold My House||$299-$399||None||⛔||⛔||⛔||⛔||⛔|
|4. Mr. Alaska Real Estate||$299||None||⛔||⛔||⛔||⛔||⛔|
How Much Does Flat Fee MLS Listing Cost
There are two types of costs related to a Fixed Fee MLS listing:
- Initial Flat Fee: You’ll have to pay an upfront fee to list your home on MLS. Usually, the initial price ranges between $300 and $500.
- Closing Costs: Once a home seller strikes a deal and closes it, they have to pay a part of their equity on home inspection fee, title and home insurance fees, seller and buyer agent commissions, and home warranty as a closing cost of their property.
Reviews: Flat Fee MLS Alaska Companies
💰 Save Thousands on Commission: When it comes to Houzeo, the platform is the only marketplace that allows one to connect with buyers and sellers. The platform mandates a small flat fee that benefits you by saving thousands.
📣 Maximum Exposure: Houzeo is well known for Flat Fee MLS Alaska Listing Services. The platform is syndicated with MLS, Zillow, Realtor.com, Redfin, Trulia, and numerous websites.
📱 Cutting-edge Technology: Houzeo is the most powerful real estate website. Its advanced features include:
- IntelliList Listing Management System
- Houzeo Showings
- Houzeo Offers
- Buyer Search
- Houzeo Settlement Agent Platform
👉 Our Take: Houzeo.com is our top pick for Flat Fee MLS Alaska Listing Services because it delivers an unbeatable combination of savings, tech features, and service of any flat fee MLS listing service website we’ve reviewed.
- Nationwide coverage
- Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other sites
- Quick listing (within two days)
- Mobile app availability
Houzeo is available nationwide.
2. Congress Realty
💼 Packages: When it comes to the best Flat Fee MLS Alaska Listing Services, one cannot deny that Congress Realty is indeed a place where you can invest your trust. The platform manages to provide MLS listing services in Alaska for just $299.
✄ Customization: The platform entertains a list of essential MLS Alaska that can upload four photos. However, you can upload more images on some platforms than Congress Realty.
👉 Features: Congress Realty has a calling system that helps you receive all offers for just $150. If you receive a flat rate for the MLS Alaska Hosting Service, you will be required to pay $299 + 0.5% at the end.
📝 Note: The platform requires $299+0.5% upon closure.
- Customizable package
- Syndicated to other websites like Zillow, Trulia, Realtor.com
- Free Comparative Market Analysis report on request
- Unlimited changes to your listing
- Only one package, which is slightly more expensive than their competitor’s basic package
- Additional costs for adding more photos and phone forwarding services
- No features for buyers i.e. directly making an online offer, buyer search features, etc.
Congress Realty has a 4.9 out of 5 ratings (16 total reviews) on the popular review site Yelp.
It covers all counties in Alaska.
3. I Sold My House
💼 Packages: I sold my house, and one can avoid the high cost of a traditional real estate agent. The platform is one of the best companies that offer flat rate MLS listing services. Basic plans start at $299 and go up to $399.
✄ Customization: I Sold My House directly forward all the buyer leads to you i.e., the home seller. In case you will feature your listings on their home page you have to pay $50/month to enable that service.
📝 Note: I Sold My House is not a traditional real estate service that follows the industry-standard model of high commissions for full-service real estate services.
- It helps to save with listing agent commission
- Entertains no middle-men, leads are directly forwarded to the home seller
- Charges no additional fees for organizing an open house
- Poor customer support
- Lacks in customizations
- No à la carte services shown
I Sold My House has a 4.8 out of 5 ratings (64 total reviews) on Google Reviews.
Covers major MLS’ in Alaska
4. Mr. Alaska Real Estate
💼 Packages: With Alaska Real Estate, you can list your properties for $299. After paying $299, the platform allows you to upload maximum numbers of images and make unlimited changes to your listings.
✄ Customization: Popularly known for its One Basic Package, the platform allows you to seek several benefits for just $299.
📝 Note: In case, you need additional services such as contract write-ups/contract reviews, you have to pay additional charges for the services the cost varies from $250-$450.
- No restrictions on uploading photos
- Free listing changes
- Open houses included in the package
- Only one package is available
- No clarification on the listing period
No reviews found on enough credible websites.
The platform Covers major MLS’ in Alaska.
💼 Packages: With FSBO, you are allowed to list on their website for just $99. If you go to MLS Alaska and get more services, you must buy their $399 package.
✄ Customization: FSBO is one of the Flat Fee MLS Alaska Listing Services that fail to assist with numerous la carte options. You need to pay additionally for yard signs, open house postings, brochures, and other FSBO-related items.
📝 Note: The platform does not provide you with a real estate Alaska attorney or real estate photographer, even on a la carte basis.
- You can upload 1 video in the basic $99 package
- No hidden fees
- Limited a la carte items
- Additional fees for FSBO supplies
- All counties are not covered in the state of Alaska
No reviews found on enough credible websites.
It covers only major cities in Alaska except for Fairbanks, North Star, and Juneau.
Hidden Fees in Flat Fee MLS Companies
Some Flat Fee MLS companies are not upfront about their fees. These hidden costs could go up to thousands of dollars and have a significant impact on your savings. They might say that they take a flat fee but might charge you a percentage of commission at the time of closing.
We have compiled a list of the average hidden fees that may be charged by some Flat Fee MLS listing services.
|Types of Hidden Fees||Cost||Description|
|1. Cancellation Fees||$50-$200||If you need to cancel your listing, you need to pay cancellation charges. However, some companies do allow free cancellation, if you cancel before your listing goes live. |
Example: Flat Fee Group charges $25 for cancellation.
|2. Listing Changes Charge||$25-$50||If you need to make any changes to your listing, companies charge extra for that.
Example: Flat Fee Multiple Listing Access charges $10 for listing updates.
|3. Expensive Listing Upgrades||$50-$100||If you need to add more photos to your listing, post an open house or avail a showing management tool, you will be charged extra for these upgrades by some Flat Fee MLS service providers.
Example: Congress Realty charges $50 for listing extension; whereas List With Freedom charges $25 for Open House postings and $59 for Showing Scheduler.
|4. Additional Upgrades||$50-$200||Any service that is not part of the package you sign up for. These are additional services that you need to pay for separately, i.e, Photography, Market Research, Contract Review, etc.
Example: Flat Fee Group which offers pro photography at $290.
|5. Expensive Yard Signs||$100-$150+ $120 (deposit)||Expensive charge for yard signs, even though these yard signs are given on a rental basis.
Example: Homecoin charges $99 for a rental yard sign.
|6. Lockbox Charges||$100-$200||Lockboxes are given on rental for a small charge. However, some Flat Fee MLS companies charge a huge sum as lockbox rental fees.
Example: Homecoin charges $125 for lockbox even though it is on a rental basis.
|7. Commission at Closing||0.1-0.5%||Some Flat Fee MLS companies charge a commission at the time of closing, as a hidden seller agent fee. This fee is often undisclosed and charged to the seller once they close a deal. Sometimes this fee is also masked as a compliance fee.
Example: Flat Fee Realty which charges 0.1%- 0.25% at closing in some states.
|8. Flat Fee at Closing||$750||Fixed Fee companies charge an additional flat fee at closing which is not mentioned upfront.
Example: FlatFeeMLSRealty which charges a flat fee at closing ($350 + $400)
|9. Escrow Charges||$1K-$2K||Some Flat Rate companies charge for escrow at the time of closing.
Example: Vegas Flat Fee charges $995 compliance fees at closing
|10. Seller Disclosures||$100-$200||State-required seller disclosures are unavoidable. Few companies charge for this service as well.
Example: Yager Realty has seller disclosure feature only in their premium packages. Since seller disclosures are imperative to listing, you need to only go for their premium packages!
|11. Application Fees||$50-$100||Few companies charge non-refundable application fees.
Example: List with Freedom charges $50 as application fee.
Note: This table is a generic list of all the hidden charges that various Flat Fee MLS companies charge. It will vary depending on the company you choose.
While some of these services are mentioned in their a-la-carte services, if you still need a lot of support for selling your house, you might need to consider going with a realtor.
Alaska Housing Market Trends
In 2022, the median value for transactions over the last 12 months is $693,384.
There are currently 106 properties for sale in Alaska. The current home value ranges in price from $25,000 to $2,995,000.
On average, you can expect to pay $99-$479 for a Flat rate MLS listing Alaska service, but that’s only an average price. On the lower side, you can buy an MLS listing package for $99 and on the higher side, a comprehensive MLS listing service package can cost as much as $479. This guide has covered the top fixed fee MLS companies in Alaska. You may choose as per your feasibility and requirement.
Frequently Asked Questions
What is the best Flat Fee MLS company in Alaska?
Houzeo is by far the #1 Flat Fee MLS site in Alaska. Mr. Alaska Real Estate and Congress Realty are distant #2 and #3.
Is Flat Fee MLS legal in Alaska?
Flat Fee MLS is legal all over the United States, including in Alaska. In fact, the US DOJ just updated their bulletin highlighting the benefits of Flat Fee MLS for For Sale By Owner home sellers.
How do you sell a house by owner in Alaska?
You can sell your house in Alaska, by listing your with Flat Fee MLS property. So far 9,442 properties had been sold in Alaska where buyer has received a deal and the seller on the other hand makes a hefty profit. on List FSBO and sell to a represented buyer: Cover the buyer's agent commission. List with a traditional agent and sell to a represented buyer: Cover both agents' commissions. List with a discount agent and sell to a represented buyer: Cover the buyer's agent commission, but save on the listing commission.
Is Alaska a good place to invest?
Well, While investing in rental properties in Alaska may be substantially safer than some investments, it does come with a certain amount of risk. But, you cannot deny that no investment strategy is perfect and without risk.