Houzeo Reviews: You NEED to See These Reviews

Houzeo Reviews
Houzeo Reviews

What is Houzeo?

Houzeo is a real estate technology platform that allows home sellers to list and sell their property without paying a commission. Sellers can list their property for $329 on average, while buyers can get a rebate of upto 1.5%. The potential savings are genuine.

According to Zillow, the top priority for America’s home sellers is to get maximum returns when selling their homes. The second highest priority is to get more control over the transaction. Houzeo attempts to do both.

CostsHouzeo
Listing Fees$399
Buyer Agent Fees (3%)$15,000
Total Commission$15,999
Total Savings$14,000

🧐 What does “houzeo” mean?

According to the company, the word Houzeo is a combination of 2 words:

  • “Hou”: Represents “house”.
  • “Zeo”: Represents Zeus, a powerful god in Greek mythology known for fairness and justice.

“Transparency and accountability are core at Houzeo, and our unique name represents our ethos”, the company said.

Houzeo Review

Houzeo is a real estate company, operating only in the United States, that combines technology with affordable Flat Fee MLS packages and provide real estate services to its customers the way they should’ve always been: convenient and affordable.

Houzeo offers 100% online services as the entire home selling process is done online. The affordable Flat Fee MLS packages allows the home sellers to list their home on the MLS for a flat-fee instead of paying the 3% traditional commission to the listing agents. 

This not only allows the home sellers to save money right away but also allows them to customize their packages and control their expenses by choosing only those services which they actually require.

Houzeo Benefits to Home Sellers

  1. No Hidden Fees: Houzeo is always transparent in its Flat Fee MLS pricing on its pricing page. You will never be surprised with any additional fees at the time of closing.
  2. Maximum Exposure: Houzeo gives you MLS exposure and non-MLS exposure as well, as they syndicate your listing to Zillow, Trulia, Realtor.comRedfin, and a hundred more! This way, Houzeo gives you the maximum exposure via MLS and non-MLS sources as well.
  3. Reach Local Agents & Offer them a Commission: Over 90% of buyers are represented by agents. This means almost all inquiries to your property will be from buyers represented by agents. With Houzeo, you can incentivize a buyer agent to show your house to their clients by offering a fair commission.
  4. Fast Listing & Changes: Houzeo is quite popular among home sellers for how quickly they can get you listed. With Houzeo Concierge, you’ll be listed in 8 business hours if all your documents are in order! Email support@houzeo.com or call them to get your listing expedited for free.
  5. Online Offers: You can receive, review and compare the offers your home gets right from your seller dashboard, you can even do this on their mobile app, on the go! You can even counter an offer all by yourself right from your seller dashboard. This feature is extremely useful in a multiple offers situation.
  6. Low Prices: Most top For Sale By Owner websites like Zillow and Trulia advertise themselves as free, but they are not. They forward your leads to local agents, who’ll call and cost you time. Houzeo doesn’t sell your leads. All buyers via Houzeo are routed directly to you.
  7. Houzeo Mobile App: Houzeo recently launched its mobile app which allows you to:
    1. View your listing
    2. Review and compare offers
    3. Counter an offer
    4. NEW! Buyers can now search your property and save it in “Favorites”

Houzeo Benefits to Home Buyers

Houzeo is an established real estate platform that gets thousands of visitors every month organically, most of these visitors are home sellers but many of them are home buyers as well.

These home buyers can directly search for the properties they want to purchase using Houzeo’s Buyer Search feature. This feature allows the home buyers to browse through all the properties listed with Houzeo and filter the properties according to location, bedrooms, area, locality, and much more.

This feature not only allows home buyers to find their dream home but also enable them to make a direct offer on the home they’d like to buy. This process saves time, and notifies the seller directly that their listed property has received an offer.

Houzeo recently launched its mobile app – for both Android and iOS users – which allows home buyers to browse through the listings on the go. Everything within the palm of your hands!

According to Statista – a reputed market and customer survey company – 98% of home buyers use the internet to search for homes. This means that there is a high chance that these home buyers have not hired a buyer agent, if an unrepresented buyer makes an offer on your home and you accept their offer then you spare yourself another 3% of agent commissions that you’d rather pay to the buyer agent.

So, Houzeo enables home sellers to save the complete commissions of 6% and offer maximum savings with maximum MLS exposure.

Key Takeaways

  • Sell your home the way you want to and take complete control over the home sale and your expenses with Houzeo’s Flat Fee MLS packages
  • Eliminate the listing agent commission of 3% by choosing Houzeo’s Flat Fee MLS packages
  • Houzeo allows unrepresented home buyers to make direct, online offer on your listed property, essentially allowing you – the home seller – to save the entire agent commissions of 6%
  • The entire home selling process is done online i.e., list your home, submit documents, review offers, finalize the deal, everything is done online. Save you a ton of time and physical paperwork

How Do You Use Houzeo?

When you buy a register with Houzeo, you will be assigned an exclusive seller dashboard where you complete your listing process. You can write property description, submit documents, upload property photos, chat with the customer support team in case of any queries, and much more. Houzeo’s IntelliList Management System automatically populates most of the listing information once you input your pin code, this allows you to save a lot of time on filling your listing details.

Once listed you can sell your listing, right from your dashboard, to your social media accounts, giving the non-MLS exposure right away, and broadening your chances of finding an unrepresented buyer.

Once you have listed and shared your listing, when the offers start pouring in, the dashboard allows you to manage the multiple offers by allowing you to receive, review and compare those offers, and also make a counteroffer directly from your dashboard.

How Much Can Home Sellers Save with Houzeo?

According to Zillow’s Home Value Index, the average price of a house in the United States comes at $303,000, so, adhering to this number, if you go the traditional way and hire an agent to list your home on the MLS then you’d be paying 3% of the gross home price to the listing agent, that comes down to $9,090. Apart from that, you have to pay the buyer’s agent as well, and that would cost you another $9000.

But not to forget, you have numerous sellers closing costs to look after, such as inspection cost, transfer tax, prorated property taxes, title insurance, closing fees and escrow fees, Homeowners Association Fees (HOA), attorney fees, and a few more.

So, you will be paying at least 8%-10% of your profits towards closing costs and commissions. And this is going to burn a big hole in your pocket, that’s approximately $30,000.

With Houzeo, no matter which package you buy, you are guaranteed to save at least $15,000 on your expenses.

If that doesn’t convince you to try Houzeo’s Flat Fee MLS listing service, then we don’t know what will!

By the way, you can calculate your ‘Seller Closing Costs’ using Houzeo’s advanced Closing Costs Calculator.

Houzeo Success Fee

Houzeo used to charge a $599 success fee. It doesn’t anymore. Now, unless there’s a fee charged by the broker or the MLS at closing, all the fees paid to Houzeo is upfront and there’s no success fee at closing.

Houzeo vs Traditional Agents

CostsHouzeoTraditional Agents
Listing Fees1$999$15,0002 (3%)
Buyer Agent Fees (3%)$15,000$15,000
Total Commission$15,999$30,000
Total Savings$14,000$0
1. Comparing Houzeo’s costliest Virtual Full-Service Listing package of $999 with the traditional agents, there are cheaper packages available
2. Home value is assumed to be $500,000

Does Houzeo Provide Full Services?

Yes, Houzeo partner brokers provide full services to their home sellers as well, but virtually.

If you are a home seller who wants to save money on your home sale but also does not want the DIY work that comes with For Sale by Owner, then Houzeo also provides ‘Virtual Full-Service Packages’.

The package includes everything:

  • federal and state disclosures
  • free listing changes
  • maximum photos
  • help with inspections and appraisals
  • contract review
  • scheduling agent showings, and much more

Houzeo Reviews from Real Customers

On Trustpilot, Houzeo is one of the most reviewed real estate companies and boasts of an “Excellent” rating of 4.9 stars.

More than 1,200 home sellers have reviewed Houzeo as an excellent MLS listing service and most of the reviews talked about how Houzeo saved them thousands of dollars, how user-friendly the platform is, its excellent customer support, and how Houzeo enabled a seamless home selling experience for the home sellers.

Houzeo Positive Reviews 1
Houzeo Positive Review 2
Houzeo Positive Reviews 3
Houzeo Positive Reviews 4
Houzeo Positive Reviews 5

😃 Houzeo Coupon Code

List your home with Houzeo and save $25 instantly!

Use the Houzeo Coupon Code below and get started on your FSBO journey

How Does Houzeo Compare to Top Alternatives?

CompanyListing FeeAverage Rating
Houzeo$199-$9994.9
Redfin1.5% of the gross home price3.2
Clever$3000 or 1%4.9

Houzeo is a nationwide Flat Fee MLS listing service and offers maximum savings with maximum exposure. Their unbundled services model allows the home sellers to keep complete control over their home sale and their expenses as well, which in turn gives them the maximum profits.

We have done a brief comparison on how Houzeo fares with its top competitors and how does it offer the most savings.

Houzeo vs Redfin

CostsHouzeoRedfin
Listing Fee$399$7,500 (1.5%)
Buyer’s Agent Fee (3%)$15,000$15,000 (3%)
Total Commission$15,399$22,500
Total Savings1$14,601$7,500
1: Savings calculated on a home price of $500,000, and commissions are assumed at 6%

Redfin is one of the top discount brokers in the United States, and currently operates in around 80 locations around the country, however, their discounted services will cost you 1.5% of the gross home price and would affect your savings significantly. See the above table.

Apart from savings, if you are looking for best services then Redfin’s agents might not be the most suitable choice for you. Reasons being: 1. Redfin’s agents are in-house, salaried employees; they do not get any commissions-based incentives, so their service quality might not be as good as you expect. 2. Redfin’s agents handle 3X more employees than an average realtor and thus you will not get personalized support and hands-on attention.

Houzeo vs Ideal Agent

CostsHouzeoIdeal Agent
Listing Fee$3992% of the sale price
i.e. $10,000
Buyer’s Agent Fee (3%)$15,000$15,000
Total Commission$15,399$25,000
Total Savings1$14,601$5,000
1: Clever charges 1% of the gross home sale price if your home is valued at more than $350,000, Houzeo has no such fluctuating charges, it offers a Flat Fee MLS package of $399
Home price is assumed to be $500,000 for this example

Ideal Agent does a great job in matching you with local agents with no obligation to mandatorily work with the ones that they have chosen for you.

Yes, they do offer great services at a discounted fee but when it comes to savings, due to their discounted model of 2% commissions on the home sale price, they do not offer any significant savings. If your home is valued at more than $200,000, and chances are it will in today’s hot real estate market, then you will have to pay 2% of the gross home price. This will significantly affect your savings.

Houzeo, on the other hand, does not charge you any commissions, and no hidden fees at all, no matter what the price of your property is. You will only pay a flat-fee as per the package you choose.

Home sellers across America have sold their homes themselves using Houzeo and saved $$

You can do it too!

Editor’s Take: Is Houzeo Worth It?

Houzeo is America’s #1 Flat Fee MLS listing service that provides affordable listing packages, innovative technology, excellent customer service, and maximum MLS exposure.

Houzeo is one of those low commission real estate companies that provide its services in an unbundled manner, which means, you can buy their cheapest package and still customize to add services that you need, so all your expenses are in your control.

Houzeo offers you a settlement agent digitally, so you don’t need to go on a hunt to look for a good settlement agent. They also offer real estate attorneys and contract review services on a customizable basis.

Houzeo allows its home sellers to eliminate the 3% listing agent commission right away and with their Buyer Search feature welcome home buyers to make a direct offer on the properties listed with Houzeo, if you are lucky enough to find an unrepresented buyer, then you save another 3% on buyer agent commissions, essentially saving the entire 6% expense on commission.

To put that into perspective, you’d be saving $30,000 on a $500,000 property.

Below are some of the reasons why we call Houzeo the #1 Flat Fee MLS Listing Service in the United States:

💰 No Hidden Fees

Houzeo transparently discloses its Flat Fee MLS pricing on its pricing page. You’ll pay no additional fees to the listing agent or to Houzeo

🔥 Maximum Exposure

Houzeo gives you MLS exposure and non-MLS exposure as well, as they syndicate your listing to Zillow, Trulia, Realtor.comRedfin, and a hundred more! This way, Houzeo gives you maximum exposure via MLS and non-MLS sources as well.

🤝 Reach Local Agents & Offer them a Commission

Over 90% of buyers are represented by agents. This means almost all inquiries to your property will be from buyers represented by agents. With Houzeo, you can incentivize a buyer agent to show your house to their clients by offering a fair commission.

🚀 Fast Listing & Changes

Houzeo is quite popular among home sellers for how quickly they can get you listed. With Houzeo Concierge, you’ll be listed in 8 business hours if all your documents are in order!

Email support@houzeo.com or call them to get your listing expedited for free.

😀 Online Offers

You can receive, review and compare the offers your home gets right from your seller dashboard, you can even do this on their mobile app, on the go!

You can even counter an offer all by yourself right from your seller dashboard. This feature is extremely useful in a multiple offers situation.

🤑 Low Prices

Most top For Sale By Owner websites like Zillow and Trulia advertise themselves as free, but they are not. They forward your leads to local agents, who’ll call and cost you time. Houzeo doesn’t sell your leads. All buyers via Houzeo are routed directly to you.

📱 Houzeo Mobile App

Houzeo recently launched its mobile app which allows you to:

  • View your listing
  • Review and compare offers
  • Counter an offer
  • NEW! Buyers can now search your property and save it in “Favorites”

Houzeo is a legit Flat Fee MLS listing service that is headquartered in New York, United States. It currently offers its services nationwide. They are most popular among home sellers for their Flat Fee MLS packages that offer maximum MLS exposure with maximum savings.

Houzeo allows you to list your home on their website for free but in order to get the MLS exposure, you need to buy their Flat Fee MLS packages that give your home the necessary MLS exposure and quick sale.

Some people are sceptical that since Flat Fee realtors work for such low fees then they must not be efficient or good enough in their work.

But that is not the case, Flat Fee realtors are proven to be just as good as any traditional realtors.

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