Maryland property prices are gradually increasing on the market. The Maryland House Price Index is currently at 312.21, up from 305.12 in the previous quarter and 281.85 a year ago. This is up 2.32 percent from the previous quarter and 10.77 percent from a year earlier. Let’s discuss various options for Flat Fee MLS Services in Maryland that may fit you.
In this guide, we’ll cover
- Rankings: 5 Flat Fee MLS Maryland Listing Services
- How Much Does Flat Fee MLS Listing Maryland Cost?
- Reviews: 5 Best Maryland Flat Fee MLS Companies
- Hidden Fees in Flat Fee MLS listing companies
- Final Note
- Frequently Asked Question
Rankings: 5 Flat Fee MLS Listing Services in Maryland
| Flat Fee MLS Service | Price | Hidden Fees | 100% Online | Offer Management | Showing Management | 5-star Reviews | Mobile App |
|---|---|---|---|---|---|---|---|
| 1. Houzeo | $229-$1200 | None | ✅ | ✅ | ✅ | ✅ | ✅ |
| 3. Net Realty Now | $299-$1299 | $50 | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
| 3. Mr Lister Realty | $450-$999 | None | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
| 4. Cottage Street Realty | $299-$999 | None | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
| 5. Simple Choice Realty | $399-$749 | $100 | ⛔ | ⛔ | ⛔ | ⛔ | ⛔ |
» Queen Advises: Everything You Need to Know About Flat Fee MLS
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 Best Flat Fee MLS Maryland Companies
1. Houzeo
Houzeo is a real estate technology company that provides affordable services and is 100% online.
💼 Packages: Houzeo provides packages ranging from $229 to $449 for Flat Fee MLS listing Maryland. They are quick to list, taking only 48 hours to do so.
The base plan includes 6 photographs and listing management for three months.
The premium service includes Unlimited alterations, a unique yard sign, federal and state disclosures, showing management, pricing aid, contract review, and closing assistance.
In their premium plan, they even compare and counter offers for you to include your home in Flat Fee MLS listing Maryland.
📢 Exposure: They provide syndicate listings on major platforms like Zillow, Trulia, Realtor, Redfin, and more.
📱Technology: They provide high technology services like IntelliList Listing Management System, Houzeo Showings, Offers, Buyer Search
Best Overall: Houzeo is our best pick with great tech features and affordable pricing.
💡 Queen’s Counsel: 7 Best Flat Fee MLS Companies in Maryland (2022 Rankings!)
- 100% online
- Syndication to major listing platforms like Zillow, Trulia, Redfin, Realtor etc
- Mobile App available
Houzeo has a 4.9 out of 5 rating on Google & Trustpilot.
» Houzeo Review: Is $349 worth it?
Houzeo is available nationwide.
2. Net Realty Now
Net Realty Now LLC, a well-known Flat Fee MLS firm created in 1999, is a well-known Flat Fee MLS company.
💼 Packages: Packages start from $299-$1299. Their all-inclusive package is $399+ 1-2% listing fee commission for Flat Fee MLS listing Maryland. They list for 6 months and allow a minimum of 36 photos to be uploaded in their basic package. Net Realty Now sellers typically save over $8,000, which is significantly more than the fees charged by a traditional agent, making it a viable choice for Flat Fee MLS in Maryland.
📢 Exposure: If you advertise your home with Net Realty Now, your listing will appear in the same places as listings from sellers who pay traditional agents a 5% to 6% commission. Their true home selling framework is designed for all home sellers, regardless of experience, and will assist you in exploring new real estate vistas.
📱Technology: From the beginning to the finish of your process, their agents are available to support and guide you. They have effective marketing methods and will advertise your home on over 84 different real estate websites and social media channels
⚠️ Caution: The add-on services can add up to a significant amount. So, one needs to keep these factors in mind.
- They let you upload as many as 50 photos in the base package
- Forward you all the buyer leads
- Give you unlimited text editing of your house listing
- Claims to have the best agents with over 33 years of experience in real estate
- No implicit home valuation
- You do not have many options based on their Flat Fee MLS Maryland packages
- Cottage Street Realty
- Simple Choice Realty
On the popular review site Google Reviews, Net Realty Now has 5 out of 5 ratings (2 reviews).
They have flat-fee MLS listing services in Washington, Virginia, Maryland, and New York.
3. Mr Lister Realty
Houzeo is a real estate technology company that provides affordable services and is 100% online.
💼 Packages: Packages start from $450-$999. Their all-inclusive package is $650 for Flat Fee MLS listing Maryland. They list for 1 year and allow a minimum of 20 photos to be uploaded in their basic package, an additional 10 for $200.
📢 Exposure: Listing on major MLSs and Realtor.com. They also post on the Congress Realty website and social media in their premium packages but they only allow two free listing updates, so you won’t be able to edit your listings as much as you’d want.
📱Technology: All of their packages include broker help, so this flat charge makes sense. First-time home sellers will benefit from the Flat Fee MLS listing Maryland Services, as they will require assistance with pricing and market analysis.
⚠️ Caution: Although Mr Lister Realty has an a-la-carte menu, the add-on services can add up to a significant amount. So, one needs to keep these factors in mind.
💡 Queen’s Counsel: Best Low Commission Real Estate Companies in 2022
- A good option for those inexperienced home sellers as they are in business since 1996
- Promises to list within 24 hours for a Year!
- Syndicates your data to numerous other websites
- They do not provide free changes often. Moreover, they only provide 2 free changes with bestselling service.
- Just 2 Free Open House Announcements in MLS & Realtor.com plus additional fees to add open houses to your listing
On the popular review site Google Reviews, Mr Lister Realty has 4.9 out of 5 ratings (116 total reviews)
Covers the entire Maryland.
4. Cottage Street Realty
Cottage Street Realty services are best suited for first-time sellers who require more assistance from their listing broker. Furthermore, you must only pay the realtor if they attract purchasers to your home.
💼 Packages: Packages start from $299-$999 for Flat Fee MLS listing Maryland. All of their packages include the maximum number of images allowed by the MLS, which is seen to be the most persuasive aspect for sellers with large properties or lots.
Their $299 subscription is an excellent value for money, allowing you to upload up to 150 photos. Because this bundle is only good for six months, it may not be the best option for slow markets. A lockbox, yard sign, showing schedule, and feedback services are available for an additional $100.
📢 Exposure: You can also acquire a comparative market study report upon request, which will help you price your home correctly on the Maryland MLS.
📱Technology: Their services are best suited for first-time sellers who require more assistance from their listing broker. Furthermore, you must only pay the realtor if they attract purchasers to your home.
⚠️ Caution: The add-on services can add up to a significant amount. So, one needs to keep these factors in mind.
- All packages are the best fit for Inexperienced sellers who want extra guidance
- Maximum number of photos allowed
- Their basic package doesn’t provide a Contract review, a guide to settlement, and Market Analysis
- Too many additional fees for essential items, ranging from $50 to $159
On prominent review site Google Reviews, Cottage Street Realty has 5 out of 5 ratings (9 total reviews).
Covers the entire of Maryland.
5. Simple Choice Realty
Simple Choice Realty offers only 1 Flat Fee MLS package.
MLS Package – $399: The package includes a listing period of 6 months with 25+ photos. It also has a yard sign and state disclosures. Your listing gets syndicated to Realtor.com, Zillow & Trulia, and more.
Here is what you will pay for the additional services:
- 12-month listing: $99
- Upgraded Customized Sign: $125
- Combination Lockbox: $50
- Electronic Supra Lockboxes (in some areas): $100
- Realtor.com Weekly Report: $25
- Expedited Listing (same-day MLS listing): $50
Simple Choice Realty offers its services in Delaware, Pennsylvania, Maryland, and New Jersey.
- Great Exposure: The listing gets syndicated on popular websites like Zillow, Trulia and Realtor.com, and more.
- Listing Changes for Extra Fee: You can make changes for free to your listing.
- State Disclosures: With Simple Choice Realty you get all the vital listing disclosures.
- Buyer Lead Forwarding: All the buyer leads are directly forwarded to you.
- Open House Ads: You get to add 2 open house ads on the MLS for free.
There are no deal breakers with Simple Choice Realty. Chris Carr has a solid reputation within the broker community.
You should know that add-on services can increase your overall spending. If you’re choosing their MLS package we suggest you budget for these.
»Simple Choice Realty: Check Simple Choice Realty Zillow’s reviews by customers.
👑 Simple Choice offers a single flat fee MLS package that covers all the basic requirements of a home seller. You can customize the package as per your needs for an additional charge.
Hidden Fees Flat Fee Companies Charge
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.
Final Note
Maryland is one of the first states to use the Flat Fee MLS model. People are still learning and adapting to the process with the support of these Maryland real estate agencies. In Maryland, you may expect to pay between $200 and $400 for a Flat Fee MLS listing service, but this is just an average pricing. On the low end, an MLS listing package can be purchased for $100, while a comprehensive MLS listing service package can cost up to $1,300. Each subscription includes a variety of features, such as the ability to upload more photos, a la carte services, and even paperwork assistance in some cases. You have the option to purchase according on your needs.
Each subscription includes a variety of features, such as the ability to upload more photos, a la carte services, and some even give online paperwork assistance. This article examined the top flat fee MLS firms in Maryland, and you can pick and select according to your needs.
» Want to learn more? Read these exclusive Houzeo reviews to find out why it is one of the best For Sale By Owner Websites in America.
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 Florida. 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 Maryland?
The best Flat Fee MLS in Maryland is:
1. Houzeo
2. Net Realty Now
3. Mr Lister Realty
4. Cottage Street Realty
5. Simple Choice Realty
How much do Flat Fee services cost in Maryland?
Flat Fee services in Maryland could cost you around $229-$849.
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