Vermont had a population of 650,000 people in 2021. This was a decent increase from the previous year when the population was around 640,000 people. Vermont 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 Vermont.
We have ranked and reviewed the top 5 Flat Fee MLS Vermont companies, to help you make an informed decision.
» In this guide, we’ll cover:
- Rankings of Vermont Flat Fee MLS Listing Services
- How Much Does Flat Fee MLS Listing Cost?
- Reviews: 5 Flat Fee MLS Vermont Companies
- Hidden Fees in Flat Fee MLS listing companies
- Final Note
- Frequently Asked Questions
Ranking of Vermont Flat Fee MLS Listing Services
|Flat Fee MLS Service||Price||Hidden Fees||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|2. Landfall Properties||$499||3%||⛔||⛔||⛔||⛔||⛔|
|3. MLS My Home||$99-$199||None||⛔||⛔||⛔||⛔||⛔|
|4. I Sold My House||$299-$399||None||⛔||⛔||⛔||⛔||⛔|
|5. Flat Fee Group||$299-$999||None||⛔||⛔||⛔||⛔||⛔|
» 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 $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 Vermont Companies
2. Landfall Properties
Landfall Properties offer 60 days fee listing on the Vermont MLS. If your home does not sell within 60 days, you will have to upgrade to their $499 listing plan or cancel your listing. However, If you find a buyer, you owe the agents 2 percent to 2.5 percent of the sale price.
💼 Packages: Landfall Properties offer a $499 plan which is a great value for money, allowing you to submit up to 40 photographs. Home sellers get Escrow services if they upgrade to this package. Also, this package allows you to list your property for 2 years. The Level third package will cost you 3% (1% For Listing + 2% Buyer Agent’s Commission) of your home sale price. As a result of which you end up paying high commission fees.
📢 Exposure: They allow you to list with 40 photographs on the Vermont MLS. Their Flat Fee MLS Vermont services are highly dynamic and include a number of additional fees. You can obtain a buyer’s rebate if you choose Landfall Properties to buy your new house. Remember that If you can find a buyer without using an agent, you’ll save thousands of money.
📱Technology: In terms of technology, Landfall Properties provides professional For Sale Yard Sign, lists on many websites and MLS, moreover provides a Virtual Tour showing the best features of your Connecticut property.
⚠️ Caution: They do not provide pricing assistance in any of their Flat Fee services. Also, they charge hefty additional fees in all the packages.
- Hefty additional fee in all Flat Fee MLS packages
- No in-built home valuation assistance provided
- No social media exposure
- 60 days free listing on Vermont MLS
- The property will be listed for 2 years with a $499 package
- FSBO package without a broker is the most profitable deal for home sellers
Covers only major MLS’ in Vermont.
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 Vermont companies.
📣 Maximum Exposure: The platform is not available in all of Vermont, 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 Vermont
- Syndicates with other listing websites
- The basic package has only six photos included
- Covers selective areas of Vermont
- 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 Vermont.
4. I Sold My House
I Sold My House is a Flat Fee Multiple Listing Service in Vermont 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 Vermont.
5. Flat Fee Group
Flat Fee Group offers MLS listing services to home sellers across Vermont.
👉 Packages: Their packages range from $299-$999. You can upload 20 photos with a listing term of 6 months on the Vermont MLS.
📱 Technology: They are low on technology and that’s why some of your work might be done manually and would take a lot of time.
📞 Additional Support: Pricing assistance requires you to sign up first which opens the doors to the listed agents calling you at any time.
👑 Queens Counsel: Top Discount Real Estate Brokers and Companies
- Listing syndicated to other real estate websites like Zillow, Trulia, Realtor.com
- Contracts, addendums, and disclosures are provided with the packages
- No telephonic sessions with the agent which makes it difficult for sellers to clear their queries
- Low on technology
No reviews or ratings were found on credible website pages. However, the Flat Fee Group’s real estate agents have received a lot of positive reviews on platforms like Google.
Available in most areas in Vermont.
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.
Vermont Housing Market Trends
Currently, Vermont 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 Vermont are $327,840 The percentage of properties for sale in Vermont is 94.1 which is huge.
Among all five MLS listing companies in Vermont, 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 Vermont. 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 Vermont?
The best Flat Fee MLS in Vermont is:
2) Entry Only
3) MLS My Home
4) I Sold My House
5) Flat Fee Group
How much do Flat Fee services cost in Vermont?
Flat Fee services in Vermont could cost you around $99-$999.