✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in commission, compliance and litigation risks have significantly increased for sellers throughout the nation. Learn how NAR’s settlement affects home sellers.
Modern Way Realty is a Flat Fee MLS company based in Michigan. They offer 2 flat fee packages to sellers. These packages help sellers avoid 3% in listing agent commissions.
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Pros
- You save thousands of dollars in agent commissions.
- Your home gets maximum exposure via the MLS.
- You could fetch the highest possible price for your property.
- You gain more control over the selling process.
Cons
- The Premium package is a bit expensive.
- Modern Way Realty has limited service area.
- You could face lack of assistance with their Basic package.
Modern Way Realty is a Flat Fee MLS company. They get your property list on the MLS without a Realtor. This helps you sell at a cost lower than the traditional agent fee and save money.
Furthermore, your property is syndicated to other real estate websites. This maximizes your property’s exposure. As a result, you could get the highest possible value for your home.
On average, flat fee packages cost $400. However, Modern Way Realty’s Premium plan is priced at $395 and $895 respectively. These packages are slightly on the expensive side for the services they offer.
While Houzeo also provides comprehensive paccages starting from , for example, provides comprehensive packages starting from $399. You get showing assistance, offer management, and various other tools to navigate the selling process with ease.
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✍️ Editor’s Take: We recommend selling your home using an FFM company like Houzeo. They help get your home on the MLS within 24 hours for maximum exposure. Furthermore, you can choose from Houzeo’s affordable packages starting from $399 and save thousands of dollars in agent commissions. Compare Modern Way Realty vs. Houzeo.
Is Modern Way Realty Legit?
Yes, Modern Way Realty is a legitimate company based in Michigan. Melissa Socha, a real estate agent, is the owner of the company. She has over 19 years of experience in the real estate industry.
After a thorough research, we found that Modern Way Realty has 100+ reviews on Google. Positive reviews highlight high-value deals and significant savings. However, some customers have expressed dissatisfaction with the company’s customer service. Additionally, they are not a BBB-accredited company.
How Do They Work?
You need to follow these simple steps to sell with Modern Way Realty:
- Submit Information: Visit the “List Your Property “tab on the bar menu. Scroll down and enter necessary details like your name, phone number, desired package, add ons, etc.
- Make the Payment: Once you enter all the necessary details, make arrangements for the payment.
- Get Listed: Post making the payment, Modern Way Realty helps you list your property on the MLS within 24 hours.
Once your property is live on the MLS, you are responsible
Coverage
Modern Way Realty offers MLS listings only in Michigan. So, their in-depth, area-specific knowledge can guide Michigan home sellers in the best way.
Houzeo, on the other hand, provides listing services in 50 US states and DC. So, sellers can list their property through Houzeo from anywhere they want.
Packages and Pricing
Modern Way Realty offers a Basic DIY package and a Full-Service package.
- Basic Package – $395: This “Do-It-Yourself” package includes a 6-month listing term and 20 photos. Your home is listed on the Michigan MLS and websites like Zillow, Realtor.com, etc. Other services include real estate forms and disclosures, listing management, and closing costs calculator.
- Premium Package – $895: In addition to all the services of the Basic package, the Premium package includes assistance from a dedicated real estate agent.
Modern Way Realty offers additional services for an extra charge. You can opt for yard signs, lockbox facility, and more photos on the MLS. We recommend visiting their website to get a comprehensive view of their offerings.
» What’s My Home’s Value: You can know your home’s market value with Houzeo’s free Home Worth Estimator. It helps you estimate the amount you will get upon sale.
Modern Way Realty Reviews
The company has a solid 5 out of 5-star rating on based on 116 Google reviews. Positive reviews highlight high-value deals and significant savings. However, some customers have expressed dissatisfaction with the company’s customer service.
Positive Modern Way Realty Reviews
✅ Matthew Lomazzo saved an impressive $11,375 with this company. He highly recommends the company to anyone selling homes in Michigan.
Melissa was great! No better value available! We saved $11,375 selling our home in Dundee, MI with Melissa. We also received $25k over asking price within the first 6 days. Throughout the sale Melissa was responsive, friendly, knowledgeable, an experienced negotiator, and professional. We will refer everyone we know who is selling their home to Melissa. Thank You Melissa! You were great!
Source: Google
✅ Gary Pace has used Modern Way Realty’s services multiple times. He could smoothly navigate the sales process and save a lot of money.
We have sold multiple homes with the services of Modern Way Realty. We have had excellent experiences with Melissa and Modern Way Realty. We saved allot of money and received excellent advice as we navigated the processes.
Source: Google
Negative Modern Way Realty Reviews
❌ Carol DeMuro is agitated with Modern Way Realty’s communication efforts. She did not have a good experience with the company.
If you are looking for “good service” or “over and above service” DO NOT USE Modern Way Realty. Even though I communicated months prior to the expiration of my timeframe (and not even thinking I was up against an expiration date at that point) I couldn’t get photos due to the severe weather happening in that area (Upper Michigan) she would not budge
Source: Google
We couldn’t find many complaints against Modern Way Realty online. However, it’s wise to regularly check credible sources like Google before finalizing your purchase decision.
Pros and Cons
Here are the pros and cons of selling with Modern Way Realty:
👍 Pros
- Local Expertise: Modern Way Realty offers MLS listing services only in Michigan. You can be sure of benefitting from their local expertise and guidance.
- No Realtor Commission: You need to pay a Flat Fee to list your property on the MLS. So, you skip paying the hefty 3% in Realtor commissions.
- Market Exposure: Your home gets maximum exposure with Modern Way Realty. This is because your listing gets syndicated to websites like Zillow, Trulia, Realtor.com, etc.
- Highest Possible Offer: Since your home is listed on the MLS and on other real estate websites for maximum exposure, you could fetch the highest possible offer.
👎 Cons
- Expensive Packages: The Premium Flat Fee Package is on the expensive side. So, your net proceeds could be on the lower side.
- Limited Coverage Area: You won’t be able to avail of Modern Way Realty’s services outside of Michigan.
- No Agent Support: The Basic plan of Modern Way Realty offers no agent support. So, you would have to handle crucial selling aspects without any guidance.
- Inconsistent Customer Support: Some clients have reported delays in receiving responses from the customer support team. This can be frustrating when urgent queries or concerns arise.
Competitor Analysis
» Jump to: Modern Way Realty vs. Houzeo | Modern Way Realty vs. Sundae | Modern Way Realty vs. We Buy Houses
Here are top 3 competitors of Modern Way Realty. We have selected them based on 3 metrics: packages speed, and coverage.
1. Pricing: Modern Way Realty vs. Houzeo
Modern Way Realty is a Flat Fee company. They charge $395 or $895 for their MLS assistance. This is slightly expensive. So, your overall proceeds from the sale could on the lower side.
Houzeo, on the other hand, is also an FFM company. Their plans range between $399 – $449. This helps you save significant amount on your home sale.
| Modern Way Realty | Houzeo | |
|---|---|---|
| Listing Fee | $395 - $895 | $399 Onwards |
| Customer Rating | 5 stars (116 reviews) | 4.9 stars (8,000+ reviews) |
| Coverage | Only in Michigan | All states + Washington D.C. |
| Showings Management | ❌ | ✅ |
| Offer Management | ❌ | ✅ |
| Counter an Offer | ❌ | ✅ |
| Request Highest and Best Offer | ❌ | ✅ |
| Home Inspection Dashboard | ❌ | ✅ |
2. Speed: Modern Way Realty vs. Sundae
Modern Way Realty lists your property on the MLS. The average selling time on the MLS is about 61 days. You can expect the same selling timeframe with this company.
Sundae is a cash-buyer marketplace. Like most cash buyer marketplaces, they provide you with quick cash offers with a closing timeline of 5-7 days. If you’re on a time crunch, Sundae could suit you better.
3. Coverage: Modern Way Realty vs. We Buy Houses
Modern Way Realty has limited coverage. They list your property only on Michigan MLS. You might not be able to avail of their services if you’re outside their service area.
We Buy Houses is a famous cash buyer that purchases properties as-is. They have nationwide coverage. So, they would be present in all of the US.
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Modern Way Realty Reviews: Should You Sell With Them?
Yes, you may sell using Modern Way Realty’s Basic package if you have experience selling homes on your own. However, if you’re a first-time seller, Modern Way Realty may not be the best choice.
Their $895 Premium package for first-time sellers is a bit expensive. Additionally, according to our research, their customer support may not be very responsive. This means you might have to manage most tasks on your own.
Therefore, we suggest selling your house through a comprehensive and affordable option. Houzeo stands at the top in this category. With Houzeo, you get 5-star customer support, showings assistance, offer management tools and much more starting from $399.
» Houzeo Reviews: Check out why 8,000+ home sellers have rated Houzeo 4.9 stars out of 5 on Google Reviews and Trustpilot.
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Frequently Asked Questions
Is Modern Way Realty Legit?
Yes, Modern Way Realty is a legitimate FFM company based in Michigan, USA. Mellisa Socha is the owner of the company. She has over 19 years of experience in the real estate industry. Click here to know more.
How much do I have to pay to sell with Modern Way Realty?
Modern Way Realty offers 2 Flat Fee packages to Michigan home sellers. The Basic $395 package is designed for experienced sellers. On the other hand, the Premium $895 package is tailor-made for first-time sellers.
What are some potential competitors of Modern Way Realty?
Modern Way Realty has 3 major competitors- Houzeo, Sundae, and We Buy Houses. Houzeo competes with Modern Way Realty based on pricing. Whereas, Sundae and We Buy Houses compete with Modern Way Realty based on speed of sale and coverage respectively.
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