So far 61,202 properties had been sold in Louisiana where buyer has received a deal and the seller on the other hand makes a hefty profit.
We have ranked and reviewed the top 5 Flat Fee MLS Louisiana listing companies, to help you make an informed choice.
In this guide, we’ll cover:
- Rankings: Flat Fee MLS Louisiana Companies
- How Much Does Flat Fee MLS Listing Cost?
- Reviews: Louisiana Flat Fee MLS Listing Services
- Hidden Fees Charged by Flat Fee MLS Louisiana Services
- Final Note
- Frequently Asked Questions
Rankings: Flat Fee MLS Louisiana Companies
|Flat Fee MLS Service||Price||Hidden Fees||100% Online||Offer Management||Showing Management||5-star Reviews||Mobile App|
|2. Flat Fee Group||$349 - $499||None||⛔||⛔||⛔||⛔||⛔|
|3. Congress Realty||$299-$499||None||⛔||⛔||⛔||⛔||⛔|
|4. Flat Fee Realty||$249||0.6%- 0.75% to 0.5%-1%||⛔||⛔||⛔||⛔||⛔|
|5. I Sold My House||$299-$399||0.1%-0.25%||⛔||⛔||⛔||⛔||⛔|
» 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: Flat Fee MLS Louisiana Companies
💰 Save Thousands on Commission: Houzeo is the only platform across that allows you to deal with a small flat fee i.e $229-$399 . The platform assists you to save thousands. If in any case, the buyer is unrepresented, Houzeo helps you to save the buyer agent commission as well.
📣 Maximum Exposure: With Houzeo, users get an opportunity to list their properties and get syndicated MLS, Zillow, Realtor.com, Redfin, Trulia, and hundreds of other websites. Houzeo is the only platform in the world that also entertains social media sharing tools.
⚡ Fast Listing & Changes: Listing is easy with Houzeo as it is a 100% online platform, due to which one can only focus on the sale.
⭐ 5-Star Customer Support: Houzeo has rated 4.9 stars out of 5 on major review sites like Google and Trustpilot. The platform is loved by many because it never disappoints its customer.
📱 Cutting-edge Technology: Houzeo’s cutting-edge technology makes the platform one of the best in the business. It allows you to manage your listing 100% online. It deals with managing appointments online too. Provides tons of offers that you can view and counter too. Houzeo also guides you to close your deal with no hidden charges.
👉 Our Take: Houzeo.com is our top pick because it delivers an unbeatable combination of savings, tech features, and service of any flat fee MLS listing service website we’ve reviewed.
- Easy-to-use online dashboard to manage your property
- Syndicated to Zillow, Realtor.com, Trulia, Redfin and many others
- No hidden charges
- Ensures saving on commissions
- Provides a mobile app that makes the process easier
Houzeo is available nationwide.
2. Flat Fee Group
Flat Fee Group is indeed one of the finest Flat Fee MLS Louisiana listing companies, that allows users to enjoy flat fee packages along with full-service packages.
💼 Packages: With Flat Fee Group, one can receive two packages of Flat Fee MLS Louisiana for $349 and $499.
📢 Exposure: The Basic Package ranges from $349 for six months and in case you want to extend, you have to pay $499 for one year.
📷 No. of Photos: 10 photos with the Basic Package and 40 photos with the Premium full-service package.
📝 Note: The listing agent charges a minimum service fee of 0.2%-0 to 0.375% to the seller at closing.
- Good pricing experience
- Nationwide coverage
- Free listing changes
- Allows you to upload only six photos to your listing
- Not available in all of Louisiana
- No assistance in closing
Not many reviews are available on the trusted reviews website.
Louisiana Flat Fee MLS covers only major MLS’ in Louisiana.
3. Congress Realty
💼 Packages: Congress Realty is one of the Flat Fee MLS Louisiana listing services that offer basic services for $299.
✄ Customization: Apart from the Flat Fee MLS listing, several services are available on an a-la-carte basis.
👉 Features: The platform’s basic package allows you to upload four pictures, whereas other Flat Fee services in Louisiana allow more images than that. Congress Realty is a trusted Flat Fee Listing Services provider in the market that assists you with a comparative market analysis report on request.
📞 Additional Support: The phone system at Congress Realty, allows you to receive all the offers the platform present. To enable this service, you have to pay an additional $150.
📝 Note: You have to pay $299+0.5% while closing.
- Single package with a la carte services
- Syndicated with Zillow, Trulia, Realtor.com
- Provides Free Market Analysis report
- Unlimited changes to your listing
- Expensive package
- Additional costs for adding more photos and phone services
- Fails to deliver any benefits for buyers like the direct online offer, buyer search features, etc.
Congress Realty covers most of Louisiana.
4. Flat Fee Realty
Flat Fee Realty is a platform that offers the best affordable plans to users.
💼 Packages: Flat Fee Realty is a Flat Fee MLS Louisiana Companies in Louisiana that offers you a listing package for $249. During your listing, the platform allows you to upload six photos and charges $50 to upload more. No a-la-carte options are available on a single MLS Louisiana package.
📝 Note: The listing broker retains 0.1% to 0.25% of the broker’s commission without disclosing any specific reason. The platform sells your home according to their standards, they don’t entertain your desire.
- Cheapest options for Flat Fee MLS Louisiana
- State-wise seller disclosures accompanied with listing eliminate last-minute surprises
- Free listing changes
- Six photos with the basic package
- No coverage in all of Louisiana
- No assistance in pricing or contract
We could not find enough credible reviews of Flat Fee Realty to produce a rating.
Does not cover the entire Louisiana state.
5. I Sold My House
I Sold My House, one can avoid the high cost of the traditional real estate agent. The platform is one of the best companies that Flat Fee MLS listing services.
💼 Packages: Basic plans start at $299 and go up to $399. I Sold My House allows your listing to stay for six months with both packages they offer.
✄ Customization: I Sold My House are not a traditional real estate services. The platform is one of few platforms out there that does not have many options for customization. The platform lacks in providing lot of à la carte options.
📝 Note: I Sold My House are not a traditional real estate service that follows the industry-standard model of high commissions for full-service real estate services.
- You save on listing agent commission
- Buyer leads are directly forwarded to the home seller
- You market your property yourself
- Many home sellers have complained about their customer support
Covers major MLS’ in Louisiana.
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.
Louisiana Housing Market Trends
In 2022, the median value for transactions over the last 12 months is $200,023.
There are currently 4,258 properties for sale in Louisiana. The current home value ranges in price from $1,200 to $14,000,000. The total count of properties in the state is 1,604,699, and the percentage of properties for sale is 76.5%.
Among all five MLS listing companies in Louisiana, 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 $229- $499 through different fixed fee MLS services. So all you have to do now is to choose the best and guarantee profit.
Frequently Asked Questions
How Long Does it Take For My Listing to go Live?
The typical stipulated time to list is 2 business days after you’ve completed all your tasks accurately and the broker doesn’t have any questions for you. But for most MLS’ in Louisiana, your listing can be up in 4 to 8 business hours (Central Time).To avail of this expedited listing, email firstname.lastname@example.org with the subject line “Please Expedite My Listing: “. Do this only after you’ve completed all the tasks your broker has assigned to you. Make sure all sellers have signed the required documents.Note that listings can be expedited in most major MLS’ but not all MLS’ are covered under this policy. Call us at (844) 448-0047 if you have questions about whether your MLS is covered.
Is Flat Fee Legal in Louisiana?
Flat Fee MLS is legal all across the US. In fact, the DOJ of America recently updated their bulletin highlighting the benefits of Flat Fee MLS for For Sale By Owner.
How do you sell a house by owner in Louisiana?
To sell your home as a For Sale By Owner (FBSO) in Louisiana, you'll have to take on all the traditional duties of a real estate agent. Once you've decided on a listing price and prepped your home for sale, you'll need to market it. You'll also have to be available for showings and open houses.
on List FSBO and sell to a represented buyer: Cover the buyer's agent commission. List with a traditional agent and sell to a represented buyer: Cover both agents' commissions. List with a discount agent and sell to a represented buyer: Cover the buyer's agent commission, but save on the listing commission.
Can I List My House On MLS Without a Licensed Agent?
No, you cannot list your house without a listing agent on an MLS website. However, with Houzeo’s Flat Fee MLS listing, you can do it for a nominal flat fee.