Oklahoma is one of the hottest housing markets in the nation. In the most recent annual population estimates released by the U.S. Census, Oklahoma City is now the 25th largest city in the United States, according to the latest annual population estimates released by the U.S. Census Bureau. Since 2010, it has grown by more than 12%.
Homeownership in Oklahoma is very affordable. This is the best time to enter the market, save up the commission, and head to flat fee MLS listing companies for the hassle process of selling your house.
» In this guide, we’ll cover:
- Rankings: Oklahoma Flat Fee MLS Listing Services
- How much does Flat Fee MLS Listing Cost?
- Reviews: Oklahoma Flat Fee MLS Companies
- Hidden Fees in Flat Fee MLS listing companies
- Final Note
- Frequently Asked Questions
Rankings: Oklahoma Flat Fee MLS Listing Services
|Flat Fee MLS Service||Price||Hidden Fees||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|2. Trinity Properties OK||$199-$399||None||⛔||✅||⛔||⛔||⛔|
|3. Flat Fee Group||$299-$399||None||⛔||✅||✅||⛔||⛔|
|4. Adams Family Real Estate||$999||0.1%- 0.25%||⛔||⛔||✅||⛔||⛔|
|5. Flat Fee Realty||$249||$50||⛔||⛔||⛔||⛔||⛔|
» Queen Advises: What is 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 $199 and $399.
- 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: 5 Flat Fee MLS Oklahoma Companies
Houzeo is a real estate technology company that provides affordable services and is 100% online.
Packages: Houzeo provides packages ranging from $229 to $399 for Flat Fee MLS listing Connecticut. They are quick to list and only take 48 hours.
The base plan includes 6 photographs and listing management for 3 months. The premium service includes Unlimited alterations, custom yard signs, 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 Oklahoma.
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
Queen’s Counsel: Register with Houzeo toady!
- No hidden charges
- 100% online transactions and formalities
- Allows to compare and manage offers
- Showing management
- Global coverage
- Ample benefits at a reasonable package price
- Yard signs and lock box
- Fast MLS listing- within two business days
- It offers a mobile application
Houzeo is available Nationwide.
2. Trinity Properties OK
Trinity Properties OK provides three packages i.e bronze , silver and gold . Some of the features are lockboxes ,professional photography , contract review, Handling negotiations and more.
Packages: Their packages start from $199 which is the bronze plan whereas the silver & gold is priced at 399$ providing different services. The basic packages provide 30 photo uploads ,email and telephonic support, disclosures and contracts whereas silver packages provide lockbox feature , professional photography and more . Gold is their premium plan which consists of a lot more features than the other two packages like – broker consultation, contract review, handling negotiations with the buyer agent, coordinating with the title company, inspection unit, appraisal firms, review settlement, and much more.
Exposure: Your property will be listed on REALTOR.COM, Zillow, Trulia, Zip Realty, MLS.com, Yahoo Homes, AOL Real Estate, Homes.com, and many more (in most areas).
Technology: These packages are fairly restrictive and don’t allow for much customization, and there aren’t many a la carte possibilities. They aren’t completely online.
Queen’s counsel: How to List on MLS For Sale By Owner Without a Realtor
- Affordable Packages
- Marketing Feature provided in all plans
- Open Houses can be listed for free
- Email and Phone support
- Additional charges at closing in premium gold package
- Service is provided in few cities
- They do not offer a- la- carte services
Trinity Properties OK has a 4.9 out of 5 rating on zillow.
Trinity Properties Ok only provides services in Tulsa and Oklahoma City.
3. Flat Fee Group
Flat Fee Group is a real estate company in Oklahoma which provides affordable plans. It is important to note that the company provides only a single plan and thus there are flexibility challenges as far as the seller is concerned.
Packages: They provide three different packages that is bronze , silver and gold .Their basic package starts at 199$ which provides the ultimate marketing of your property. The silver packages provides one year listing term , experienced broker to look over contract, calculate closing cost , professional photography. Their gold package includes full assistance with closing, counter offers, closing costs, uploading 36 photos and allows to list your property until its sold whereas it also includes fee at closing is $1000 or 1/2% for homes over $200000.
Low tech: They are not tech friendly hence you would be connected to a local broker making the process time consuming and slow.
Limitations: Their basic package does not provide assistance at closing, restricted number of photo uploads and no lockbox service has been provided.
Queen’s Counsel : Flat Fee Group reviews
- No hidden fees
- Listing syndicated to other real estate websites like Zillow, Trulia, Realtor.com
- Contracts, addendums and disclosures provided with the packages
- No Customization is available
- Expensive full package plan
- Low on technology
Flat Fee Group has no credible reviews.
Flat Fee Realty covers only major cities in Oklahoma.
4. Adams Family Real Estate
Adam’s Real Estate provides only one plan which provides all the services needed to sell your property. They have been in business from past decade.
Packages: Adam’s Real Estate provides one plan which is priced at $999. The company provides services such as personalized showing assistance , professional photography. The company’s services also provides electronic lockbox , phone and email support to the seller.
Exposure: Your property gets listed in platforms like Zillow, Trulia, Redfin and other MLS local websites.
Customization: As there is only one package , you cannot demand for a-la-carte services.
Queen’s Counsel: Top Discount Real Estate Brokers & Companies in 2022!
- Provides variety of services
- Phone and email support
- Expensive Packages
- Not completely online
- Provides services in specific counties
Adams Family Real Estate has a 4.9 out of 5 rating (24 total reviews) on popular review site Google Reviews
Adams Family Real Estate caters to specific locations in Oklahoma. Their primary target area is Oklahoma City and nearby counties.
5. Flat Fee Realty
Flat Fee Realty provides one basic plan with free changes . The listing term is 6 months . Before you choose this company for listing, you should have basic knowledge about the listing requirement of the sellers.
Packages: Flat Fee Realty provides basic package valued at 249. They only allow 6 photos for a listing term of 6 months whereas $50 has been charged if you want to upload more photos . All state disclosures are provided in the start to eliminate the last minute surprise.
Exposure: Once you list your property , it will open doors to various websites such as Zillow, Realtor and local MLS listings.
Limitations: As the company provides only one plan , flexibility in changes are quite difficult.
Queen’s Counsel: Everything You Need to Know About Flat Fee MLS
- State Disclosures are provided in the plan
- Cheapest option available in MLS Flat Fee Oklahoma
- Hidden cost
- Provides no assistance in contract reviews and closing cost
- Open houses are not hosted
Flat Fee Realty has no credible reviews
Flat Fee Realty provide services in Creek, Canadian, Cleveland, Kingfisher, Lincoln, Logan, Oklahoma, Osage, Pottawatomie, Rogers, Tulsa, Wagoner and Washington county.
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.
Oklahoma Real Estate Market Trends
The real market in Oklahoma is booming which is another reason to invest in properties
In March 2022, Oklahoma City home prices were up 13.7% compared to last year, selling for a median price of $252K. On average, homes in Oklahoma City sell after 6 days on the market compared to 11 days last year.
Homeownership in Oklahoma is very affordable, as the median home price is still among the lowest in the nation. There is no better time to enter the market to buy a home than there is right now as home prices are very low compared to other parts of the country.
Among all five MLS listing companies in Oklahoma, 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 $199- $399 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 Flat Fee MlS?
Flat Fee MLS refers to a practice in real estate industry where the seller enters into an agreement of receiving various services with the real estate broker. In Flat Fee MLS , real estate broker receives flat fee for the service provided as against to traditional agents who receive commissions.
Is Flat Fee MLS legal in Oklahoma?
Flat Fee MLS is legal all over the United States, including Oklahoma. In fact, the US DOJ just updated their bulletin highlighting the benefits of Flat Fee MLS for For Sale By Owner home sellers.
How long will it take for my MLS listing to go live?
The average time required to list your property is 48 hours whereas in Oklahoma it takes 4 to 8 business days.
How much do Flat Fee services cost in Oklahoma?
Flat Fee services in Oklahoma could cost you around $199-$399.
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