$22,230- that’s how much New Mexicans paid in agent commissions on an average $370,500 home last month. Classic rip-off, right? Home prices in NM will continue to rise, and so will commissions. But there’s an alternative! Going FSBO.
FSBO is powerful. Millennials are leading the way, with over 55% considering selling their homes by owner. From Albuquerque to Carlsbad, selling For Sale By Owner (FSBO) is the #1 way to save thousands in the Land of Enchantment.
The best For Sale By Owner websites in New Mexico will double your savings. You save 3% on the listing agent commission. With the NAR settlement, you save on the 3% buyer agent commission too. That’s potentially a cool $22,230. IN YOUR POCKET!
Rankings: 7 Best For Sale By Owner Websites in New Mexico
FSBO Website | Fee | 100% Online | MLS Access | Online Showings & Offers | 5 Star Ratings |
---|---|---|---|---|---|
1. Houzeo.com | $399 | ✅ | ✅ | ✅ | ✅ |
2. Hardy & Co. Real Estate | $395 | ❌ | ✅ | ✅ | ❌ |
3. FSBO.com | $399.95 | ❌ | ✅ | ❌ | ❌ |
4. Flat Fee Realty | $299+0.25% | ❌ | ✅ | ❌ | ❌ |
5. ForSaleByOwner.com | $0 | ❌ | ❌ | ✅ | ❌ |
6. Zillow For Sale By Owner | $0 | ❌ | ❌ | ❌ | ❌ |
7. Craigslist | $0 | ❌ | ❌ | ❌ | ❌ |
*For 100% Online, only FSBO sites with online showings, inspection scheduling, offer management, and mobile app have been considered.
**For 5-Star Reviews, customer ratings above 4.8 out of 5 have been considered.
Types of FSBO Websites 🚀
There are two types of For Sale By Owner websites in New Mexico you can choose from:
- Paid FSBO Websites: These websites will get you listed on the MLS – the most powerful marketing tool for home sellers. MLS syndicates your listings to Zillow, Redfin, Trulia, Realtor.com, and 100s of other websites.
- Free FSBO Websites: When you list for free, your listing remains on the company website and does not go on the MLS. No MLS exposure means less competition for your property, and thus a lower sale price for you.
We have spent thousands of hours researching and reviewing For Sale By Owner websites in the Land of Enchantment. Here are our rankings.
Rankings: 7 Best For Sale By Owner Websites in New Mexico
FSBO Website | Fee | 100% Online | MLS Access | Online Showings & Offers | 5 Star Ratings |
---|---|---|---|---|---|
1. Houzeo.com | $399 | ✅ | ✅ | ✅ | ✅ |
2. Hardy & Co. Real Estate | $395 | ❌ | ✅ | ✅ | ❌ |
3. FSBO.com | $399.95 | ❌ | ✅ | ❌ | ❌ |
4. Flat Fee Realty | $299+0.25% | ❌ | ✅ | ❌ | ❌ |
5. ForSaleByOwner.com | $0 | ❌ | ❌ | ✅ | ❌ |
6. Zillow For Sale By Owner | $0 | ❌ | ❌ | ❌ | ❌ |
7. Craigslist | $0 | ❌ | ❌ | ❌ | ❌ |
*For 100% Online, only FSBO sites with online showings, inspection scheduling, offer management, and mobile app have been considered.
**For 5-Star Reviews, customer ratings above 4.8 out of 5 have been considered.
4 Best Paid For Sale By Owner Websites in New Mexico
Paid FSBO websites list on MLS without Realtor in New Mexico for a flat fee. Here are our rankings:
1. Houzeo.com
BEST FSBO WEBSITE
HouzeoHouzeo offers 4 FSBO MLS listing packages:
- Bronze – $399 + $350 at closing: This package offers a Houzeo listing only for 6 months with 24 photos.
- Silver – $409 + 0.5% at closing: This offers maximum photo upload and provides you with seller disclosures.
- Gold – $429 + 0.5% at closing: This is Houzeo’s signature MLS package and includes all the technology Houzeo is known for, such as Houzeo Showings, Houzeo Offers, and DigiTransact.
- Platinum – $499 + 1% at closing: It includes the assistance of a licensed broker to help you with negotiations, seller disclosures, and closing.
👉 Our Take: We recommend the GOLD plan. You’ll have access to Houzeo tech, making managing showings and offer negotiations easy!
These are the key features that make Houzeo one of the top FSBO websites to list with:
- Max Exposure: Houzeo’s MLS packages give you access to the MLS, Zillow, Trulia, Realtor.com, Redfin, and 100s of other websites.
- 5-star Customer Service: Houzeo has a fully staffed customer service desk available 6 days a week. Chats and emails are open 7 days a week.
- 100% Online: Houzeo is a high-tech platform with easy listing, fast changes, online showings, and online offers. Its powerful house search app makes your home visible to interested buyers on the go.
- No Hidden Fees: In most states, you’ll pay just a small flat fee to list on MLS by owner. Remember, all fees are disclosed upfront, so there are no Houzeo hidden fees. You also bypass the listing agent commission.
- Free Home Value Estimator: Now, you can get a free home value estimate within 30 seconds. It helps you set a listing price.
Houzeo’s services are limited in Wyoming, South Dakota, and West Virginia. This means your listings may take more than 12 hours to get updated.
Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.
» Houzeo Reviews: With over 10,000+ happy customers, Houzeo is the most trusted FSBO website.
Houzeo.com offers a combination of maximum savings, advanced technology, 5-star customer support, and listing exposure.
Houzeo’s flat fee listing helps you save thousands on realtor commissions. You also get dedicated customer support, which makes the home-selling process much easier and effortless.
2. Hardy & Co. Real Estate
Local Option
Hardy & Co. Real EstateHardy & Co. Real Estate has 2 cost-effective packages and 1 full-service package that sellers can benefit from.
- Flat Fee Listing Package – $395: This package includes a listing term of 12 months with the maximum number of photos on the MLS. You can make unlimited changes, pause, or cancel your listing at any time.
- Listing + Contract & Closing Support Package – $395 + 1% at closing: You will get help with contract negotiations, completing required disclosures, reviewing the closing documents, etc.
- Full-Service Package – $695 + 1.5% at closing: This package includes the assistance of a real estate broker throughout the process.
👉 Our Take: The packages are expensive for the services they offer. The Flat Fee Listing package includes the most basic services. The other 2 packages have somewhat hefty closing costs. Some companies offer these services for much less.
The highlights of Hardy & Co. Real Estate are:
- Maximum Photos: You have the option to add the maximum number of photos allowed on the local MLS in New Mexico.
- One-Day Listing: Your listing will be posted to the New Mexico local MLS within one business day of submitting your paperwork.
- Broker Assistance: This service is available from listing and throughout the sales process.
- Free Cancellation: You can pause or cancel your listing at any time during the home-selling process.
The major dissatisfaction you may have with Hardy & Co. Real Estate is:
- Limited Coverage: All packages Hardy & Co. Real Estate provides are not available through the state. It only covers 17 out of 33 counties in New Mexico.
- No Pricing Assistance: There is no built-in home valuation assistance to help you price your home right.
- No Home Showings: Hardy & Co. Real Estate does not offer assistance for open houses or home showings.
Hardy & Co. Real Estate has 4.9 out of 5 stars from 30+ total reviews on Google Reviews.
» Hardy & Co. Real Estate: Check out Hardy & Co. Real Estate’s Google reviews here.
Hardy & Co. Real Estate offers extensive broker assistance in the most expensive pack. This is a good option for home sellers in New Mexico looking for local expertise.
However, the full-service packages they offer will burn a hole in your pocket. You will have to pay up to 1.5% commission at closing.
3. FSBO.com
NATIONAL REFERRAL COMPANY
FSBO.comFSBO.com has 2 packages for FSBO home sellers:
- $99.95 – FSBO Package: This package lists your property on FSBO.com and Redfin for 6 months. You can upload unlimited photos and a video. It allows you to make changes and cancel your listing anytime.
- $399.95 – MLS Package: With this package, your property is listed on the MLS for 6 months with 20 photos. Your listing is syndicated to Zillow, Realtor, and Trulia.
Listing Upgrades
- Classic FSBO.com Yard Sign w/ Stand: $75
- Open House Posting: $50
- Directional Arrow – For Sale By Owner: $12
- Sign Riders: $12
👉 Our Take: FSBO.com has been in business since 1997. They allow you to customize the plans by offering some services separately. You can add or skip these services based on your needs.
» Pros and Cons of FSBO.com: Read to know what sellers have to say about FSBO.com
Here are some key highlights of listing with FSBO.com:
- Multiple Categories of Listings: You can feature your listing in a special section dedicated to foreclosure, pre-foreclosure, tax lien, or bankruptcy.
- User-Friendly Interface: The website is easy to navigate. This helps you to easily create your listing and add property information.
- Nationwide Coverage: With FSBO.com your property gets a nationwide exposure.
During our research, we identified several disadvantages of listing with FSBO.com:
- Limited Automation: FSBO.com shares your information with a local broker who does the listing for you. You have to do all the paperwork manually.
- Unpredictable Broker Quality: Sellers are connected with local brokers for listing. Moreover, online FSBO.com reviews are mixed.
- Extra Charges for Listing Photos: You need to pay $50 extra for uploading more than 20 photos to your listing.
- Expensive à la carte Services: You need to pay $50 – $150 for services like e-lockbox rental, showings, yard signs, and open house postings.
FSBO.com has no credible customer reviews on popular review sites like Google or Trustpilot.
» FSBO.com Reviews: Read why the oldest FSBO website isn’t the best anymore.
FSBO.com is the oldest For Sale By Owner website. Third-party sites like Zillow, Realtor.com, Trulia, and others syndicate the listings. In the basic package, the properties are only listed on FSBO.com and not on the MLS listing platform.
Apart from listing houses For Sale By Owner, FSBO.com offers no major services. The à la carte items are expensive, and you’re charged extra for uploading more than 25 photos.
4. Flat Fee Realty
UNLIMITED LISTING TERM
Flat Fee RealtyFlatFeeMLSRealty offers three real estate listing packages to suit different needs and budgets:
- Silver Package – $99: This package includes a 3-month listing term and up to 15 photos with 10 listing changes.
- Gold Package – $249: This package comes with a 6-month listing term and enables you to include up to 50 photos with unlimited listing changes.
- Platinum Package – $549: This package has unlimited listing terms and changes with 25+ HD photos.
👉 Our Take: Flat Fee Realty is an affordable option. However, they do charge additional fees for optional upgrades like additional photos and listing changes.
These are some pros of Flat Fee Realty in the areas it operates:
- Cost-Effective: Flat Fee Realty offers an affordable flat fee listing package.
- Free listing Changes: You can make changes to your listing without paying any additional fees.
- Easy Cancellation: You can cancel anytime and get a refund within 30 days of purchase. If you decide not to sell your home, some of your listing fees will be refunded.
In our research, we have found certain drawbacks of Flat Fee MLS Realty.
- Not for First-Time Sellers: Flat Fee MLS Realty may not be ideal for you if you are a first-time seller. You’ll have to conduct tours and communicate with buyers on your own.
- Expensive Add-ons: For services like professional photography, you have to pay an additional $460 with the Silver package and $300 with the Gold package.
Flat Fee MLS Realty has 4.3 out of 5 stars from 90+ total reviews on Google.
» Flat Fee Realty Reviews: Read our in-depth review of Flat Fee Realty.
Flat Fee Realty offers a single MLS package that varies from state to state. With this package, you get free listing changes and related seller disclosures.
However, Flat Fee Realty requires you to pay a minimum 2% buyer agent commission, 0.25% of which goes as a kickback to your listing agent. This means you end up paying a small commission to the listing agent at closing.
Take Charge of Your Home Sale Today!
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3 Best Free For Sale By Owner Websites in New Mexico
Free For Sale By Owner websites in New Mexico offer online exposure but don’t guarantee a successful FSBO sale.
5. ForSaleByOwner.com
OPTIONAL FREE LISTING
ForSaleByOwner.comForSaleByOwner.com includes 2 FSBO packages:
- ‘Do It Yourself’ FSBO Package – $0: In this package, your home only gets listed on the ForSaleByOwner.com website.
- ‘Closing Assistance’ Package – $495: You get the assistance of a licenced real estate broker. However, for this, you need to have a potential buyer.
👉 Our Take: ForSaleByOwner.com does not list on MLS. This can be a strong drawback in your selling processes.
These are some pros to consider:
- Nationwide Coverage: ForSaleByOwner.com caters to customers throughout the United States.
- Control and Flexibility: You can set your schedule, host showings, and manage the sale process at your convenience.
- Direct Buyer Interaction: You can directly communicate with potential buyers through their messaging system.
We have found certain cons about ForSaleByOwner.com in our research:
- No MLS Listing: This site does not list your property on MLS. You can only list on the ForSaleByOwner.com website.
- Lack of Technology: It can be time-consuming and demanding to manage the listings, showings, negotiations, and paperwork.
- Privacy Violation: Even though listing on ForSaleByOwner.com is free, payment details are still necessary.
- Lead for Rocket Homes: Your listing information is shared with Rocket Homes agents. They may frequently contact you to solicit MLS listings.
ForSaleByOwner.com has a rating of 3.4 out of 5 stars on BestCompany.com.
» ForSaleByOwner.com Reviews: Read this blog to learn more.
ForSaleByOwner.com is considered one of the biggest FSBO websites, as they claim to have 7 times more traffic than other For Sale By Owner sites.
Although ForSaleByOwner.com offers other paid services, none of these services include For Sale By Owner MLS listing. Further, your information is provided to a Rocket Homes affiliated agent. These agents contact you frequently to solicit MLS listings.
6. Zillow For Sale By Owner
REAL ESTATE MARKETPLACE
ZillowZillow offers the following listing plans for home sellers:
- FSBO Listing on Zillow – $0: You can list your home for free on Zillow’s FSBO platform.
- Zillow Premier Agent – 3% commission: This is the traditional way to sell your home. You get access to a real estate agent who guides you through the entire sale process.
👉 Our Take: Zillow is a comprehensive real estate website that offers a variety of tools and resources for home sellers.
» Does Zillow Charge For Sale By Owner? Click to know if it’s free or not.
You should consider these points while choosing Zillow:
- No Fees: You can list your home on Zillow’s FSBO website free of charge.
- Free Cancellation: Zillow listings can be cancelled without any additional charges or hidden costs.
- Maximum Market Exposure: It is one of the most popular real estate websites, with millions of monthly visitors. This means that a large number of potential buyers will see your listing.
- Nationwide Coverage: Zillow FSBO services are accessible in all 50 states across America.
- User-Friendly Interface: Its website and mobile app are easy to use and navigate. Users can search for properties based on location, price, features, and other criteria.
- Offers Rental Services: Zillow is one of the best rental websites in America. It offers a built-in tenant screening tool, rent collection feature, owner portal, pricing suggestions, etc.
We identified several disadvantages of listing with Zillow:
- Slow Listings: Your listing can take up to 72 hours to update from the time you submit your property details.
- Inaccurate Zestimate: Zestimate, Zillow’s property valuation tool is often inaccurate. This misleads both buyers and sellers.
- Limited Support: Zillow’s customer support may not match the level of personalized guidance other FSBO companies offer.
- Lead for Real Estate Agent: Your listing information is shared with Zillow’s agents. You’ll get calls from agents rather than potential buyers.
- Hide FSBO Listings: Zillow hides FSBO listings behind agent listings. They are often two clicks away and get almost no traffic.
Zillow has a rating of 1.4 out of 5 stars from 350+ reviews on Trustpilot.
» Zillow For Sale By Owner Reviews: Read our in-depth review on Zillow.
Zillow is the most popular real estate website. It attracts more than 200 million visitors every month. To list your home on Zillow For Sale By Owner, all you need to do is sign up and make your free account.
As Zillow FSBO listings are not on the MLS, they have very low exposure. Additionally, all FSBO listings on Zillow are hidden in the ‘Other Listings’ tab. This has lowered the success rate of free Zillow FSBO listings drastically.
7. Craigslist
BIGGEST CLASSIFIEDS
CraigslistSince Craigslist is one of the biggest classified websites, it offers free listings:
- FSBO Listing on Craigslist – $0: You get an FSBO listing on Craigslist. Here you can upload your property’s description, location, and some photos.
👉 Our Take: With Craigslist you can post your house for sale for free. However, you don’t have MLS exposure.
» Where Does Craigslist Operate: Click here to learn more about Craigslist.
These are some key pros to consider:
- User-Friendly Website: Craigslist’s website is easy to navigate. This helps you to easily create your listing and add property information.
- Free FSBO Listing: Most of the FSBO sellers who opt to advertise on Craigslist do it to save up on the agent’s commission.
- Good for Distressed Property: Craigslist is a great platform for distressed properties. This is mainly because many cash buyers, house flippers, and investors keep track of listings on Craigslist.
- Huge Traffic: According to Similarweb, Craigslist is the most visited classified website in the USA.
Here are a few cons to keep in mind:
- Lowball Offer: Customers have reported that buyers on Craigslist make lowball offers.
- Scammers and Pranksters: Craigslist is infamous for being a playground for scammers. Many people who list their homes on Craigslist get unsolicited calls from scammers posing as buyers.
- Short Lifespan of Ads: Craigslist ads are listed in reverse chronological order, the newest ones always have the most prominence.
Craigslist has a poor rating of 1.4 out of 5 stars from 300+ reviews on Trustpilot.
» How to Sell a House on Craigslist: Learn the step-by-step process of selling your home on Craigslist.
Craigslist is the biggest classifieds website in the U.S. In terms of traffic, it is the second most visited website with more than 140 million monthly visitors.
While Craigslist can give your listing decent exposure, it can also attract scammers and fraudulent cash house buyers. Hence, we recommend that you put very limited information about your property and request identification from anyone who makes an offer.
Here’s a quick recap of the best FSBO websites:
Reviews: America’s Best FSBO Websites
We’ve reviewed the best paid and free For Sale By Owner Websites in 2024
NAR Settlement Saves Sellers Thousands in Commission
The NAR Settlement went into effect on August 17, 2024. Buyer agent commissions can no longer be offered on the MLS. This means sellers will save thousands! But it also means there’s a lot more compliance and litigation risks.
Here’s what this means for you:
- Sellers Can Save Thousands in Commissions: You will likely be paying much less than the traditional 3% buyer agent commission. That’s because buyer agent commissions will be negotiated twice: Once when buyers engage Buyer Agents, and again when sellers review offer contracts.
- Seller Priority #1 will be Paperwork (to Mitigate Compliance & Litigation Risks): Buyer agents mitigate all types of risks. From seller disclosures, offer contracts, contingencies, inspections, repair requests, appraisal, and closing – Buyer agents keep the paperwork tight. Their state licensing authorities, Realtor associations, and MLS’ audit paperwork compliance. Without buyer agents, sellers will have to learn and adapt. Or risk expensive litigation.
- Negotiations Can Now Feel Like Haggling: Buyer agent commissions will now be part of offer contracts and buyer agency agreements. Buyers may ask sellers to include commissions in the form of seller concessions. That means home buyers and sellers alike will be negotiating commissions. Sellers will need expert licensed brokers to help them with these negotiations.
- Buyer Agent Commissions Can Be Offered Offline: Buyer agent commissions can still be offered outside of the MLS. They just cannot be advertised on the MLS.
Tips for Listing Your House as For Sale By Owner in New Mexico
You may feel overwhelmed by the difficulties involved in selling a house yourself in New Mexico. To effectively navigate the FSBO process, consider the following tips:
- Market Research: Evaluate the local NM real estate market. Learn about recent house sales prices, market trends, and the typical time it takes to sell a home.
- Prepare Your Home: Make necessary repairs and renovations. Clean, declutter, and stage your house to make it appealing to potential buyers.
- Price it Right: Set a competitive price for your house. To get a fair market value, consider getting a professional appraisal or using online tools.
- Market Your Home: Create a detailed marketing plan. Use high-quality images and create a virtual tour or video walkthrough.
» Home Value Calculator: Get an estimate of your property’s worth before pricing it.
Alternatives to For Sale By Owner Websites in New Mexico
If you think selling your own home in New Mexico is too complicated for you, here are some other options you can consider:
- Low Commission Agent: A low-commission real estate agent offers you the same services for a reduced commission rate.
- Cash Home Buyer: New Mexico cash home buyers make all-cash offers, usually within 24 to 48 hours. These companies reduce the hassle involved in real estate transactions.
- iBuyer: iBuyers like Opendoor and Offerpad typically offer a property’s Fair Market Value (FMV). They purchase hundreds of homes throughout New Mexico.
Which Is the Best For Sale By Owner Website in New Mexico?
The Best FSBO sites excel in affordability, coverage, and technology. However, it depends entirely on your needs.
Several free FSBO listing sites offer basic exposure. However, their reach may be limited compared to MLS-integrated FSBO sites. Consider For Sale By Owner websites that list your property on the MLS and save thousands in commissions.
High-tech FSBO sites in New Mexico like Houzeo help you get maximum exposure, 5-star customer service, and advanced tech.
- ✍️ Is Houzeo Legit? Yes, Houzeo is a tech-centric For Sale By Owner website and real estate platform that gives you access to tools only real estate agents have.
Eager to Know How Houzeo Works?
We have got you covered. Check out how you can list your property on the MLS with Houzeo.
How to List on MLS With Houzeo?
5 Easy Steps to List on MLS with Houzeo as FSBO
» Houzeo Reviews: Find out what customers have to say about Houzeo.com
Frequently Asked Questions
Where can I list my home For Sale By Owner in New Mexico?
You can list your house For Sale By Owner with NM Flat Fee MLS services like Houzeo.com, Hardy & Co. Real Estate, FSBO.com, Flat Fee Realty, and more. Your home will be listed on the MLS, the most powerful tool to market your home for sale.
What is the best For Sale By Owner MLS listing service in New Mexico?
Houzeo.com is the best MLS listing site, as it provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology. Houzeo has a rating of 4.9 out of 5 stars on popular review websites like Google and Trustpilot.
Where can I list my house For Sale By Owner for free in New Mexico?
You can list your home for free on ForSaleByOwner, Zillow and classifieds websites like Craigslist.
What to look for in an FSBO website?
When looking for a For Sale By Owner website to list your home on the NM MLS, look for user-friendly interfaces, online visibility, and features such as listing customization and marketing tools.