5 Hi-Tech Flat Fee MLS Wisconsin Listing Services That Are Changing The Game (2022 Updates)
The real-estate market of the U.S. is currently extremely hot. The number of for sale properties have been increasing. The current average median value of a for sale property in the U.S. is $59,125,200 which is a huge amount.
This guide will take you to the top 5 Flat Fee MLS Wisconsin listing services. Going through all of these, and finalizing one as per your requirements can help you save a big chunk of your savings.
In this guide, we’ll cover:
- Rankings: Wisconsin Flat Fee MLS Listing Services
- How Much Does Flat Fee MLS Listing Cost?
- Reviews: Wisconsin Flat Fee MLS Listing Services
- Hidden Fees Charged by Flat Fee MLS Wisconsin Services
- Final Note
- Frequently Asked Questions
Rankings: Wisconsin Flat Fee MLS Listing Services
|Flat Fee MLS Service||Price||Hidden Fees||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|2.Lake Country FlatFee.com||$2295||None||⛔||⛔||⛔||⛔||⛔|
|3.Flat Fee Group||$500||None||⛔||⛔||⛔||⛔||⛔|
|4.Milwaukee Flat Fee Homes||$2100||$100||⛔||⛔||⛔||⛔||⛔|
» Queen Advises: What is Flat Fee MLS?
How Much Does Flat Fee MLS Listing Cost?
There are 2 types of costs related to a Fixed 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: Wisconsin Flat Fee MLS Listing Services
Houzeo is one of the top flat rate MLS listing companies in Wisconsin.
🧰 Packages: Houzeo’s flat rate MLS service packages range from $229-$449 in Wisconsin. All the plans, ranging from bronze to platinum, offer unique features to help you save thousands of dollars.
📢 Syndication: This fixed fee MLS Wisconsin listing service syndicates your house listings on real estate platforms like Realtor.com, Zillow, Redfin, Trulia, etc.
🔑 Key Features: Houzeo offers you multiple features through different affordable plans. Houzeo showings are one of the top features to manage the showing appointments online. You can review, compare, and counter the property offers with the available features.
📱 Technology: Houzeo has become technologically advanced with its IntelliList listing management system that makes everything 100% online. It ensures online showings, listing management, transactions, disclosures, etc.
🥇 Our top pick: Houzeo stays on the top as per our research as it provides super assistance at such affordable packages.
» Houzeo Review: Is $349 worth it?
- Affordable plans
- Fast listing
- 100% online processes
- Nationwide coverage
- Mobile application availability
- Syndication of house listings to top real estate sites
Houzeo has received 4.9 out of 5 (out of 2,166 customer reviews) on top review sites like Google and Trustpilot.
Houzeo has a nationwide reach.
2. Lake Country FlatFee.com
🧰 Packages: This fixed fee MLS Wisconsin listing service offers a single full-service package worth $2995. The plan comprises services from listing your house on MLS, offer negotiations, to deal closing.
📢 Syndication: It does not just list your property on the MLS but also syndicates it to the local and national MLS websites like Zillow, Realtor.com, Trulia, and more.
🎯 Customization: You can customize the package and subscribe to the buyer rebate program that helps you to get cashback on cancellation. The package includes features like free listing changes and a yard sign on a customized basis.
✋ Beware: The package does not include the cost of 2.4% buyer agent’s commission. Also, the company operates only in southeast Wisconsin.
- Single full-service convenient package
- Customization features available
- Good pricing assistance
- Syndication available on local MLS and other big real-estate websites as well
- Charge extra 2.4% of buyer agent commission
- Maximum limit of property photo upload is 50
- Expensive package
- Syndication of property provided for only 6 months
- Mainly covers only south-east Wisconsin locations
It has 4.8 ratings (out of 167 total reviews) on Google Reviews.
It covers only the Southeast areas of Wisconsin.
3. Flat Fee Group
🧰 Packages: The plans offered for flat rate MLS Wisconsin service cost you $499 to $5,000. The starting package of $499 provides only guidance, and you will need to do everything by yourself. On the other hand, the full-service package of $5000 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 Wisconsin. 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 Wisconsin.
4. Milwaukee Flat Fee Homes
🧰 Packages: This fixed fee MLS Wisconsin service offers only one full-service package for $2100. The cost includes basic fees of $500 plus $1500 for negotiation and closing services.
📢 Syndication: It not just lists the property on MLS, but also expose it on their own website, and other real estate websites. The syndication will be done on Zillow, Redfin, and local MLS like WIREX and more.
🔑 Key Features: It offers you the listing package which remains active for one year. They have professional photographers available to assist you. They have a feature called Showing Time which helps you to have a customized page to schedule and manage your showings.
✋ Beware: The Wisconsin flat rate MLS service charge additional fee of $100 for the listings located outside 30 miles of the Historic Third Ward. This is the Hidden fees which they do not disclose when you buy the package.
- Showing Time
- Assistance over pricing and market analysis
- Professional photography services included in the package
- Offers only a single package
- Costly services
- Hidden fees
- Limited reach- does not cover whole Wisconsin
This Wisconsin flat fee MLS service has 4.6 ratings (out of 66 reviews) on the most reliable website Google reviews.
It covers the major counties in Wisconsin state. The reach is limited to Milwaukee, Waukesha, Racine, Ozaukee, Walworth, Kenosha, Sheboygan, and Manitowoc.
5. Madcity Homes
🧰 Packages: This flat rate MLS Wisconsin listing service offers two innovative packages. The basic package costs you $500. Whereas, if you take the broker management package, it costs $2500 plus additional closing charges.
📢 Syndication: It lists your house on MLS, on the company website. Also, it syndicates it to other local and national real estate websites. Some of these include Realtor.com, Zillow, Trulia, etc.
🔑 Key Features: It provides you with a professional photographer to take good images of your house and upload them on MLS while listing. It provides assistance to price the property correctly. Additional features include a yard sign and a lockbox.
✋ Beware: It charges you extra cost for accessing the lockbox and any other additional services.
- The basic package is affordable
- Provides professional photographer
- Exposure on local and national websites along with MLS
- Yard sign is included in the packages
- Broker management services are expensive
- Additional charges for additional features
- Number of allowed photo uploads is not specified
- Hidden Fees
- Available in only major counties of Wisconsin
No ratings available on trustworthy websites like Trustpilot, Google reviews, Yelp.
It covers the major cities of Wisconsin including counties like Rock, Columbia, Iowa, Dodge, Sauk, Dane, and more.
Hidden Fees in Flat Fee MLS Listing Companies
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 fixed 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.
💡 Queen’s Counsel: Everything you need to know about Flat Fee MLS Wisconsin Services
Wisconsin Housing Market Trends
According to the reports, the current housing market in the Wisconsin state is moderately active. The home value in Wisconsin ranges between $2000 to $20,750,000.
Within Wisconsin, there are 72 counties. The medium home sale value of these currently ranges between $22863 to $5,063,634. The highest homes in foreclosure home value are in Douglas County, and the lowest is in Milwaukee.
Out of 100, the current percentage of properties for sale in Wisconsin is 74.4%.
On average, you can expect to pay $229-$2,295 for a Flat rate MLS listing Wisconsin service, but that’s only an average price. On the lower side, you can buy an MLS listing package for $229 and on the higher side, a comprehensive MLS listing service package can cost as much as $2,295.
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 guide has covered the top fixed fee MLS companies in Wisconsin. You may choose as per your feasibility and requirement.
Frequently Asked Questions
Which are the top Flat Fee MLS listing companies in Wisconsin?
The best Flat rate MLS listing companies in Wisconsin are:
2. Lake Country FlatFee.com
3. Flat Fee Group
4. Milwaukee Flat Fee Homes
5. Madcity Homes
Is Flat Fee MLS Legal?
Yes, is legal all over the United States, including in Wisconsin. 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 major difference between a Flat Fee MLS service company and a Traditional Agent?
A traditional broker commission model is usually 6% on closing which is going to cost more for you as home seller. A Wisconsin Flat Fee MLS on the other hand, asks you a flat fee instead.
What is a flat fee deal?
It is a deal where the best platforms like Houzeo charge you a fixed price and give you multiple features in its exchange. The flat fee MLS services in Wisconsin do not charge on a commission basis.
How much does it cost to use flat fee MLS?
In Wisconsin, the listing cost depends upon the platform you choose to list your property on MLS. It costs you between $229 to $2295, depending upon the plan you decide to go with.
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