✍️ 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 North Dakota companies is based on the criteria that are most important to home sellers: affordability, customer service, exposure, technology and transparency.
North Dakota had a population of 770,000 people in 2021. This was a decent decrease from the previous year when the population was around 780,000 people. North Dakota has seen advancements in the real estate domain in the past few years. One always needs to be updated for the best option for Flat Fee MLS North Dakota.
We have ranked and reviewed the top 5 Flat Fee MLS North Dakota companies, to help you make an informed decision.
» In this guide, we’ll cover:
- Rankings of North Dakota Flat Fee MLS Listing Services
- How Much Does Flat Fee MLS Listing Cost?
- Reviews: 5 Flat Fee MLS North Dakota Companies
- Hidden Fees in Flat Fee MLS listing companies
- Final Note
- Frequently Asked Questions
Ranking of North Dakota Flat Fee MLS Listing Services
|Flat Fee MLS Service||Price||Hidden Fees||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|3. MLS My Home||$99-$199||None||⛔||⛔||⛔||⛔||⛔|
|4. Best Choice Flat Fee||$99||None||⛔||⛔||⛔||⛔||⛔|
|5. Flat Fee Group||$425-$849||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 North Dakota Companies
💼 Packages: Fizber provides 3 packages that range in price from $95 to $395. Each of the 3 options includes an Open House Manager who will assist you in scheduling open houses. Your home is only listed on Redfin and Fizber with their Digital Boost Package (valued $95). As a result, your home will receive virtually little publicity.
The 2 remaining options, MLS Boost and Premium MLS Boost, cost $295 and $395, respectively. They will advertise your home on local multiple listing services (MLSs) as well as numerous listing websites. The only difference between these packages is the quantity of photos you can submit. This number might range from 6 to 25. The listing time for both bundles is 6 months.
📢 Exposure: To get the most exposure, choose from the MLS Boost or Premium MLS Boost packages. However, the MLS Boost Package allows for a very limited quantity of images. At the same fee, several other companies allow you to upload at least 10 photos.
📱Technology: Fizber does not offer online brokers, thus you will have limited control. It takes almost 4 days to list your home on the multiple listing services. They also do not offer a money-back guarantee if they are unable to assist you in selling your home.
⚠️ Caution: The add-on services can add up to a significant amount. So, one needs to keep these factors in mind.
💡Queen’s Counsel: Everything You Need to Know About Flat Fee MLS
- You’ll be referred to a broker who covers your states. That broker may have additional options to help you upgrade
- An Open House Management tool with all three packages
- No control over your selling experience due to offline brokers.
- No mobile app, social media sharing, etc.
- Listings take up to 4 business days to go live
- Offers will not be sent to you directly.
Fizber has a 4.2 out of 5 rating (95 total reviews) on popular review site Trustpilot.
Fizber covers most of North Dakota state.
3. MLS My Home
💼 Packages: With MLS My Home’s packages, users get an opportunity to post six images while listing for six months on MLS. Their listing varies from $99-$199.
✄ Customization: MLS My Home is a platform that assists users to work with licensed agents that authorizes them to list their properties on multiple websites. The platform claims to be one of the best Flat Fee MLS North Dakota companies.
📣 Maximum Exposure: The platform is not available in all of North Dakota, so we recommend checking your locality before buying a package.
📝 Note: MLS My Home takes five days to list your property online. The package pricings vary with locations.
- Cheapest options for Flat Fee MLS North Dakota
- Syndicates with other listing websites
- The basic package has only six photos included
- Covers selective areas of North Dakota
- No built-in home evaluation feature
MLS My Home has a 2 out of 5 ratings (259 total reviews) on the popular review site Trustpilot.
MLS My Home serves only in selective areas of North Dakota.
4. Best Choice Flat Fee
Best Choice Flat Fee provides you with a listing agent which helps you to make the listing process hassle-free.
💼Packages: They have packages starting at $99 with pay at a later option which also includes a 1% commission to the listing agent. The full-service package includes a yard sign, lockbox, and disclosures.
📢Exposure: Your home gets listed on real estate websites like Zillow, Trulia, Redfin, and more.
🤚Limitations: They do not provide a-la-carte services
👍Best Option: This is best for laymen as the individual is always guided by an agent.
- No Cancellation Fees
- Direct contact with the broker that will be listing your property
- Services are not available in all areas equally
- An additional settlement fee or % of the sales price will be assessed at closing
No reviews are found on Trustpilot or Google.
Best Choice Flat Fee is available all over North Dakota state.
5. Flat Fee Group
🧰 Packages: The plans offered for flat rate MLS North Dakota service cost you $425 to $849. The starting package of $425 provides only guidance, and you will need to do everything by yourself. On the other hand, the full-service package of $849 does everything for you.
📢 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 North Dakota. 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 North Dakota.
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.
North Dakota Housing Market Trends
Currently, North Dakota 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 North Dakota are $242,879 The percentage of properties for sale in North Dakota is 51.5 which is huge.
Among all five MLS listing companies in North Dakota, 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 $99- $999 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 North Dakota. 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 North Dakota?
The best Flat Fee MLS in North Dakota is:
3) MLS My Home
4) Best Choice Flat Fee
5) Flat Fee Group
How much do Flat Fee services cost in North Dakota?
Flat Fee services in North Dakota could cost you around $99-$999.
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