5 Hi-Tech Flat Fee MLS New Jersey Listing Services Changing The Game (2022 Updates)
Are you looking to save thousands of dollars through Flat Fee MLS New Jersey services? It may be a good option considering, the existing home sales in New Jersey market reached a record high since the beginning of 2022, as per reports.
Prices have increased 15% statewide and will likely increase by another 5 % in 2022.
We have ranked and reviewed the top 5 Flat Fee MLS companies in NJ, to help you make an informed choice.
» In this guide, we’ll cover:
- Rankings: Flat Fee MLS New Jersey Listing Services
- How Much Does Flat Fee MLS Listing Cost?
- Reviews: Flat Fee MLS NJ Listing Companies
- Hidden Fees in Flat Fee MLS Listing Companies
- New Jersey Housing Market Trends
- Final Words
- Frequently Asked Questions
Rankings: Flat Fee MLS New Jersey Listing Companies
|Flat Fee MLS Service||Price||Additional Cost||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|2. NJ Real Estate Boutique||$395||None||⛔||✅||✅||⛔||⛔|
|3. Jersey Flat Fee||$249-$595||None||⛔||⛔||✅||⛔||⛔|
|4. RealMart Realty||$395 - $695||1% at closing (premium)||✅||✅||✅||⛔||⛔|
|5. I Sold My House||$299-$399||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 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 NJ Listing Services
Houzeo is a real estate technology company that provides affordable services and is 100% online.
💼 Packages: They provide packages in New Jersey that range from $229 – $449($500 at closing) . They list quickly within 48 hrs.
The basic package includes 6 photos for 3 months, including listing management.
Their premium service includes unlimited changes, custom yard sign, federal and state disclosures, showing management, pricing assistance, contract review, and closing assistance. They even compare and counter offers for you in their premium package.
📢 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 Advice: Register with Houzeo today!
- 100% online
- Available nationwide
- Syndication to major listing platforms like Zillow, Trulia, Redfin, Realtor etc.
- Mobile App available
- Quick listing within 24hrs
- Save on commission
Houzeo is available nationwide.
NJ Real Estate Boutique
💼 Package: They offer one single package for $395 which allows maximum photos and listing for 6 months. They allow unlimited listing changes and open houses in this package.
They also provide For Sale sign with call forwarding option.
📞 Additional Service: They provide agent-hosted open houses – upon request and availability, Professional photography, Professional occupied home staging, and Digital REALTOR® lockbox on a la carte basis.
👍 Best Option: For inexperienced sellers who require a lot of assistance.
💡 Queen’s Advice: Top Discount Real Estate Brokers and Companies
- Call forwarding to the seller
- Unlimited listing changes and open houses
- No app available
New Jersey Real Estate Boutique has a rating of 4.9 /5 ( out of 41 reviews) on Zillow
New Jersey Real Estate Boutique is available throughout New Jersey.
Jersey Flat Fee
💼 Packages: They offer services that range from $249-$595. Their basic package includes 30-day listing and allows up to 10 photos uploaded.
Their premium packages include email support, unlimited listing changes, yard sign, and agent consultation.
👍 Best Option: For experienced sellers who need little to no assistance.
💡 Queen’s Counsel: Everything you need to know about Flat Fee MLS
- Affordable packages
- Mostly available in Northern New Jersey
- No a la carte menu
No credible ratings were found on any major platforms
Jersey Flat Fee majorly serves in northern NJ and Monmouth
RealMart Realty is a New Jersey-based discount flat fee MLS real estate marketing company offering flat fee MLS services in every NJ county.
💼 Packages: Realmart Realty offers one flat fee package at $395 which includes listing for 6 months with up to 6 photos. It also includes unlimited listing changes.
They also provide full service option for $695 + 1% at closing. It includes services like professional agent consultation on paperwork support, price negotiation, repairs, inspection and appraisal issues.
📞Additional service: They also provide yard sign, comparative market analysis, lockbox, open house, and photography as add-on services.
💡Queen’s Counsel: Best Low Commission Real Estate Agents & Companies
- A la carte option available
- Unlimited listing changes
- No negotiation or closing support in this package
RealMart Realty has a rating of 4.5 /5 (out of 195 reviews) on Trustpilot
Available throughout New Jersey
I Sold My House
I Sold My House is a Flat Fee Multiple Listing Service in New Jersey that offers flat-fee packages ranging from $299 to $399.
💼 Package: They offer two packages of $299 and $399.
$299 package includes 6-10 photos, listing on major MLSs and ISoldMyHouse website. Buyer leads are forwarded to the seller.
📞Additional Service: They also offer services like discounted brokers and cash buyer
💡 Queens Counsel: 12 Best For Sale By Owner websites
- Affordable package
- Buyer leads forwarded to seller
- No yard sign or lockbox service is available
No reviews were found on any credible platforms.
Available throughout New Jersey
Hidden Fees Flat Fee Companies Charge
Some 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.
New Jersey Housing Market Trend
On average, you can expect to pay $250-$900 for a New Jersey Flat Fee MLS listing service, but that’s only an average price. On the lower side, you can buy an MLS listing package for $100 and on the higher side, a comprehensive MLS listing service package can cost as much as $1,300.
Each package comes with a multitude of features like enabling more photographs, a-la-carte services and some even offer help with paperwork online. This post covered the top flat fee MLS companies in New Jersey and you may choose as per your requirement.
Frequently Asked Questions
What is a Flat Fee MLS
A Flat Fee MLS listing service, is an MLS entry-only service that lists your home on the local MLS for a pre-set amount through a flat rate realtor. You retain all the rights to sell your home as an FSBO, and can enjoy other real estate services (with the help of a flat fee real estate broker) depending on the chosen package.
How much do flat-fee MLS services cost in New Jersey?
New Jersey flat-fee services cost anywhere from $250 to $600 and will vary depending on the services you want.
What are average closing costs in NJ?
You can calculate the closing cost, by using this closing cost calculator. Click on this to know the closing cost of your home
Do you need to pay for MLS and also belong to a local realtor association?
Once you sign up for a Flat Fee listing service, that particular company will list on your behalf on various MLSs. And, no, you don't need to belong to a local realtor association.
When is the best time to sell a house in New Jersey?
As per reports, July is the best time to sell a house.