✍️ Queen’s Note: Real Estate Queen does in-depth research on real estate services and simplifies it for our readers. This guide compares all the major Flat Fee MLS Alabama companies in based on the criteria that are most important to home sellers: affordability, customer service, exposure, technology and transparency.
Alabama had a population of 5.04 million people in 2021. This was a modest increase from the previous year when the state’s population was estimated to be at 5.02 million. In 1960, the population of Alabama was estimated to be around 3.27 million people. Alabama is among the most expensive states in the country to live in. One always needs to be updated for the best option for Flat Fee MLS Alabama.
We have ranked and reviewed the top 5 Flat Fee MLS companies in Alabama, to help you make an informed decision.
» In this guide, we’ll cover:
- Rankings of Alabama Flat Fee MLS Listing Services
- How Much Does Flat Fee MLS Listing Cost?
- Reviews: Alabama Flat Fee MLS Companies
- Hidden Fees in Flat Fee MLS listing companies
- Final Note
- Frequently Asked Questions
Ranking of Alabama Flat Fee MLS Listing Services
|Flat Fee MLS Service||Price||Hidden Fees||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|2.List With Freedom||$89-$295||None||⛔||⛔||⛔||⛔||⛔|
|3.Flat Fee Realty||$179||0.1%-0.25%||⛔||⛔||⛔||⛔||⛔|
|4.Beycome||$99-$499( +0.1% commission)||None||⛔||⛔||⛔||⛔||⛔|
|5.Flat Fee Group||$399-$899||None||⛔||⛔||⛔||⛔||⛔|
How Much Does Flat Fee MLS Listing Cost?
There are 2 types of costs related to a Flat Fee MLS listing
- Initial Flat Fee: You’ll have to pay an upfront fee to list your home on MLS. Usually, the initial fee ranges between $300 and $500.
- Closing cost: 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: 5 Flat Fee MLS Alabama Companies
2. List With Freedom
🧰 Package: List with Freedom offers four different Flat Fee MLS Alabama packages starting from $89 to $295.
First is the silver package that you can avail of at the cheap cost of $89. Above that, it provides a gold package for $149. Third, the platinum package that this fixed fee MLS listing service offers for $195 is its most popular plan. The last is a platinum plan worth $295.
🦾 Support: 24*7 Customer support is one of the strengths of this flat rate MLS listing service. Seven days a week, 24 hours, the team of List with Freedom is available for its customers.
⏱ Time-Saving: It helps you list the property on MLS in easy and fast steps.
🔑 Key Features: It charges you no cancellation fee on the cancellation of any plan. There is no limit to altering your listings, and the best part is that you can make all the changes for free.
💁♀️ Suitability: It is suitable for mainly experienced sellers who know real estate and its processes as it does not provide in-depth assistance.
- A la carte options like open houses and showings are available
- No cancellation fees
- Multiple packages to choose from
- Not specifically based in Alabama
- Only one photo in the basic package listing
- Social media exposure is not provided
They provide Flat Fee MLS Alabama services in most of the cities.
3. Flat Fee Realty
Flat Fee Realty has affordable plans for Flat Fee MLS Listing services in Alabama.
👉 Packages: Their $179 package for MLS Alabama Flat Fee Listing service includes 6 photos and a listing term of 6 months.
✄ Customization: Additional photo upload will cost you $50 and they do not offer a la carte options.
📢Exposure: Your property gets listed in platforms like Zillow, Trulia, Redfin and other MLS local websites.
📝 Note: You sell your home ONLY with the services they provide, not with which you want. Further, their listing broker will retain 0.1% to 0.25% of the buyer’s broker commission for reasons not explicitly disclosed on their website.
👑 Queen’s Counsel: How to List On MLS For Sale By Owner
- Cheap options are available for Flat Fee MLS Alabama.
- Your listing comes with state-wise seller disclosures that will eliminate last-minute surprises.
- Their package includes ONLY 6 photos.
- Available in select areas of Alabama
- Flat Fee Realty offers no assistance for pricing in their FSBO MLS listing Alabama package
- No built-in home evaluation feature. Some companies like Houzeo offer them for free of cost
No credible reviews were found about this flat fee MLS listing Alabama service!
Covers only some areas in Alabama state.
Beycome is a high-tech company that offers Flat Fee listing services in Alabama.
💼 Packages: Their packages range from $99 – $ 499 (+ 1% commission). It includes listing until closing, unlimited changes, and lead forwarding. Premium packages also include Craigslist Ad, listing on classified websites like Oodle, Listanza, Yakaz, and more.
📞 Additional Support: They offer full concierge services with 1% commission at closing. They also provide customer support in English and Spanish.
💡 Queen’s Counsel: Flat Fee MLS: The Ultimate Guide For Home Sellers!
- Listing within 48 hours
- Unlimited listing changes
- Customer support in English and Spanish
- They charge 1% commission in their premium package
Beycome has a rating of 4.2/ 5 (out of 12 reviews) on Trustpilot
Beycome is available in major parts of Alabama
5. Flat Fee Group
🧰 Packages: The plans offered for flat rate MLS Alabama service cost you $399 to $999. The starting package of $399 provides only guidance, and you will need to do everything by yourself. While the $999 package is for first-time sellers. In addition to assisting with price, a broker will manage negotiations on your behalf, analyze your contract, and provide advice as needed. At closing, the $349 package costs you 0.5 percent with full real estate broker assistance.
📢 Syndication: It syndicates your property listings to national websites like Zillow, Trulia, Realtor.com, etc.
📱 Technology: This flat rate MLS listing service does not use advanced technologies. So, if you would go with a base or medium package, the major you would need to do manually in the home selling process.
🔎 Transparency: They are very transparent about their packages’ cost. They do not charge any hidden fees.
✔ Availability: This fixed fee MLS service is easily accessible if you sell a property located in the major cities within Alabama. The services are also available in almost all the other major-minor states of the U.S.
- No hidden fees
- Syndication to large real-estate websites
- Diverse packages
- Good coverage
- No pricing assistance
- Expensive full-service plan
No reviews available on any reliable websites.
It covers all the major counties within Alabama.
Hidden Fees in Flat Fee MLS Listing 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.
Alabama Housing Market Trends
Currently, Alabama Housing market is one of the most competitive and hot housing markets within the United States.
The year 2022 will be the sellers’ market completely. The market is hot and competitive in the state. The median home values in Alabama are $203,488 The percentage of properties for sale in Alabama is 81.5 which is huge.
Among all five MLS listing companies in Alabama, we have ranked Houzeo as the best because it fulfills all your requirements to make your home selling process smooth and hassle free.
As per this blog, you will have package options ranging from $229- $449 through different fixed fee MLS services. Every platform has its specialty. Now, it is up to you to decide what suits you the best, as per your requirements.
Frequently Asked Questions
What is a Flat Fee MLS?
Flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction.
Is Flat Fee MLS Legal?
Flat Fee MLS is legal all over the United States, including in Alabama. In fact, the US DOJ just updated their bulletin highlighting the benefits of Flat Fee MLS for For Sale By Owner home sellers.
What is the difference between Flat Fee MLS and Traditional Agent?
A traditional broker commission model is usually 6% on closing, which is going to cost more for you as home seller. A Flat Fee MLS on the other hand, asks you a flat fee instead.
Which is the best Flat Fee MLS in Alabama?
The best Flat Fee MLS in Alabama is:
2) List With Freedom
3) Flat Fee Realty
5) Flat Fee Group
How much do Flat Fee services cost in Alabama?
Flat Fee services in Alabama could cost you around $179-$999.