From Bernalillo to Valencia, Flat Fee MLS services have helped New Mexicans save thousands in 2024. Flat Fee MLS Albuquerque services will list your house on the MLS for a fraction of what you’d pay a 6% Realtor.
There’s more good news. You save the 3% listing agent commission with a Flat Fee MLS listing in Albuquerque. You will also save on the 2.5% to 3% buyer agent commission with the NAR settlement. That’s a potential saving of $20,640 on an average $344,000 home in The Duke City!
Rankings: 8 Flat Fee MLS Albuquerque Companies in 2024
Flat Fee MLS Service | Price | 100% Online | Offer Management | Showing Management | 5-star Reviews | Mobile App |
---|---|---|---|---|---|---|
1. Houzeo | $399 | ✅ | ✅ | ✅ | ✅ | ✅ |
2. Congress Realty | $299 | ❌ | ❌ | ❌ | ❌ | ❌ |
3. Hardy & Co. Real Estate | $695 | ❌ | ❌ | ❌ | ❌ | ❌ |
4. Flat Fee Realty | $695 | ❌ | ❌ | ❌ | ❌ | ❌ |
5. For Sale By Owner New Mexico | $395 | ❌ | ❌ | ❌ | ❌ | ❌ |
6. FSBO.com | $399 | ❌ | ❌ | ❌ | ❌ | ❌ |
7. Entry Only | $999 | ❌ | ❌ | ❌ | ❌ | ❌ |
8. Flat Fee Realty | $299 | ❌ | ❌ | ❌ | ❌ | ❌ |
Reviews: 8 Best Albuquerque Flat Fee MLS Companies
1. Houzeo
Houzeo is a high-tech platform that streamlines listings, updates, and online showings/offers. Choose from 4 Flat Fee MLS packages to simplify your home sale.
- Bronze Package – $399 + $350 At Close: You can upload 24 photos, and your listing term will be of 6 months.
- Silver Package – $409 + 0.5% At Close: You can post maximum number of photos and access seller disclosures.
- Gold Package – $429 + 0.5% At Close: You can avail the assistance of a licensed broker to guide you through the listing process.
- Platinum Package – $449 + 1% At Close: Your home is on the MLS for 12-months. Plus, you get virtual support of a licensed broker.
👉 Our Take: We recommend Houzeo’s Gold plan for expert broker support, including contract review and pricing guidance. Plus, enjoy concierge services that ensure a smooth and successful sale.
» Houzeo Reviews: Find out why 10,000+ Americans love Houzeo.
Houzeo is America’s #1 Flat Fee MLS service because of these strong reasons:
- Max Exposure: Your home listing is syndicated to popular real estate websites like Zillow, Trulia, Realtor.com, giving it nationwide visibility.
- 100% Online: You can list your home, manage listings, get paperwork done and close the deal all through a single platform and a powerful mobile app.
- 5-star Customer Service: You have access to 24/7 listing support with chat and email services 6 days a week.
- No Hidden Fees: What you see is what you pay. Houzeo mentions all of its fees upfront on its website.
There are no dealbreakers with Houzeo.
» Is Houzeo Legit? Houzeo addresses home sellers concerns with efficiency.
Houzeo is rated an impressive 4.9 out of 5 stars by thousands of home sellers on Google and Trustpilot.
» Houzeo Reviews: Rated “Excellent“ by 10,000+ happy home sellers.
Houzeo.com is Albuquerque’s #1 ranked Flat Fee MLS service. Houzeo provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology.
In Albuquerque, the Bronze package costs $399. The Silver package costs $399 +0.5% at close (min $999) and the Gold package costs $429 +0.5% at close (min $999). The Platinum package costs $499 +1% at close (min $999).
» Flat Fee MLS New Mexico: Check our rankings of the best Flat Fee MLS companies in New Mexico.
2. Congress Realty
Congress Realty offers 4 different packages:
- Basic Package – $299: You get a listing term of 6 months and and can upload maximum 6 photos. Additionally, you get access to all state forms & disclosures.
- Plus Package – $399: Your home is live on the MLS for 6 months and you can upload maximum number of photos. It allows you to make 10 listing changes for free.
- Premium Package – $499: You get unlimited open house postings and your listing is featured on social media.
- Full-Service Package – $399 + 0.5% Commission: You get a 24/7 dedicated support of experienced agent who would help you with negotiations, contract review, and closing. They charge 0.5% at closing.
👉 Our Take: We recommend the Full-Service Package offered by Congress Realty for its full-service features. However, you should also take into consideration the 0.5% they charge at closing.
Congress Realty offers a smarter, cost-effective way to sell your home.
- Commission Savings: It helps you keep more of your money with flat fees instead of high agent commissions.
- Direct Contact with Buyers: You can talk to buyers directly and negotiate your deal on your terms.
- Greater Exposure: Your home is syndicated to popular real estate websites like Zillow, Redfin, Trulia, ensuring maximum visibility.
- Transparent Fee: You know what you’ll pay right at the start, no surprises later.
Congress Realty has a few drawbacks:
- Limited Listing Duration: Your home is live on the MLS for just 6 months, which means you need to renew it if its not sold.
- Lack of Vital Features: You do not get access to marketing tools and no professional photography.
- Limited Coverage: It provides services in limited states of the US, hence its unsuitable if you plan to relocate in future.
Congress Realty has an excellent rating of 4.9 out of 5 stars from 90+ reviews on Google.
» Congress Realty Reviews: Is the listing service worth it? Read our in-depth analysis.
Congress Realty is our #2 ranked Flat Fee MLS service in Albuquerque. What sets Congress Realty apart is its Managing Broker – Jared Andrew English.
Jared Andrew English is an experienced Flat Fee MLS broker and has represented thousands of home sellers. Congress Realty covers all major MLS’ in New Mexico.
3. Hardy & Co. Real Estate
Hardy & 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 seller 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.
Hardy & Co. Real Estate offers extensive broker assistance in the most expensive pack. This is a good option for home sellers in Albuquerque 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.
4. Flat Fee Realty
Flat Fee MLS Realty 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. It allows you to make maximum 10 updates to your listing.
- Gold Package – $249: This package comes with a 6-month listing term and enables you to include up to 50 photos. You are allowed to make unlimited changes to your property listing.
- Platinum Package – $549: This package lists your property for an unlimited term and lets you upload up to 50 photo. You are allowed to make unlimited changes to your property listing.
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 lets you list your property on the MLS for a flat fee. The listing also appears on other sites like Zillow, Trulia and Realtor.com.
- Quick Listing: Their Gold and Platinum packages promise an MLS listing in 24 hours.
- Free Listing Changes: You make changes to the details in your listing without any paying additional fees.
- Easy Cancellation: You can cancel or remove your listing from the MLS anytime, without paying any additional fees. If you change your mind before your property gets listed, you will receive a full refund.
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.
- Paid Add-ons: For services like professional real estate photography, you have to pay an additional $450 with the Silver package and $300 with the Gold package.
Flat Fee MLS Realty has 4.5 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 Flat Fee MLS package that varies by state. In New Mexico, it costs $299 to list with Flat Fee Realty. With this package, you get free listing changes and related 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.
5. For Sale By Owner New Mexico
For Sale By Owner New Mexico has 3 packages that you can choose from.
- $495 Package: It includes a listing term of 12 months with 30 photos on local MLS. A yard sign and an open house posting are included with every package.
- $995 Package: This package comes with all the $495 package features and 50 photos on MLS. You get a home valuation report, printable flyers, an e-lockbox, and a showing-time appointment service. You also get the guidance of a local broker.
- $1295 Package: All services from the $995 package with 99 photos on the MLS. Additionally, you get a signature and electronic document signing.
👉 Our Take: We recommend the $995 package for FSBO sellers, it offers the professional assistance of a local broker.
- Market Exposure: Your property listing is syndicated across Zillow, Trulia, Realtor.com, Redfin, and 100s of other websites.
- Open House Posting: All packages provided by For Sale By Owner New Mexico include an offering to post open houses on the MLS.
- Broker Assistance: You will get the guidance and consultation of a local broker on the recommended package. They offer phone and email support in premium packages.
- Expensive Packages: Even the basic package starts at $395, which may be on the pricier side. Moreover, it has no broker assistance. If you require list-to-close assistance you must spend up to $995.
- E-Sign Only in $995 package: The option to e-sign your documents is only available in the most expensive package.
- Low on Tech: The website is outdated. They have no seller dashboard or a mobile app for easy listing management.
No reviews were found on enough credible websites for For Sale By Owner New Mexico.
For Sale By Owner New Mexico is operated by Lisa Hebenstret, an experienced real estate broker for over 20 years.
However, the packages are non-customizable. There are no a la carte options or additional services available in the basic packages.
» Customize For Your Preference: Houzeo’s packages include various benefits with customization for your preferences.
6. FSBO.com
- FSBO Package: $99.95
- MLS Package: $399.95
- Multiple Categories of Listings
- User-Friendly Interface
- Nationwide Coverage
- Limited Automation
- Unpredictable Broker Quality
- Extra Charges for Listing Photos
- Expensive à la carte Services
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 available in all states with coverage in 50+ markets. FSBO allows sellers to list their property for sale while saving on the listing agent commission.
But you should know that additional services can add up to a total of $335 in costs! For example, If you wish to avail of CSS showing service, and e-lockbox rental, then you have to pay $75 and $150 over your flat fee package.
7. Entry Only
Entry Only offers flat fee MLS services across the US. They offer 1 – 3 packages depending on the state:
- Basic – $399: This package offers a listing term of 6 months with 20 photos on the MLS. You get transaction coordination, flyers, buyer lead forwarding, and a yard sign.
- Enhanced – $699: You get all the services of the Basic package, along with broker assistance and contract review.
- Premium – $999: This package includes all the services of the Enhanced package. You also get negotiations and closing assistance.
👉 Our Take: Entry Only offers flat-fee MLS listing packages that vary by state. They also charge 0.1% to 0.5% at closing. Additionally, their add-ons and cancellation fees are higher compared to other flat-fee providers.
Here are some key benefits of listing with Entry Only:
- Market Exposure: Your property listing is shared across real estate websites like Zillow, Realtor.com, Trulia, and other local websites.
- Buyer Lead Forwarding: All email inquiries will be forwarded to you. In addition, Entry Only has a 24/7 receptionist service to redirect buyers and agents to you.
- Closing Assistance: Entry Only manages the closing process by coordinating with buyer agents, lenders, appraisers, inspectors, attorneys, and title companies.
- Nationwide Coverage: Entry Only offers services throughout the US and connects you with your local MLS.
Here are some drawbacks of working with Entry Only:
- Transaction Fee at Closing: Despite low upfront costs, the 0.1% transaction fee at closing means you will incur additional charges based on the final sale price.
- Add-On Costs: Optional add-ons, such as extra photos, extended listing time, or PVC yard sign posts which costs $100 each can also increase the final price.
- Cancellation Fee: If a cancellation is made before the property is listed on the MLS, a $50 cancellation fee is charged.
- Lacks Uniform Pricing: Prices and services are not standardized and vary as per state. so you may encounter unexpected fees.
Entry Only has 4.8 out of 5 stars from 345 total reviews on Trustpilot.
Entry Only is a part of the HomeZu network. With more than 20 years of experience, Jason Saphire, the managing broker, has cultivated an excellent reputation in the industry.
Entry Only offers a “Double Money Back Guarantee” if you are unable to sell your house with them. In addition to this, they have a 24/7 receptionist service that forwards all buyer leads to you.
However, their add-on services are not as competitively priced as their packages. Past sellers appreciate their low turnaround time and prompt service.
8. Flat Fee Realty
Flat Fee MLS Realty 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. It allows you to make maximum 10 updates to your listing.
- Gold Package – $249: This package comes with a 6-month listing term and enables you to include up to 50 photos. You are allowed to make unlimited changes to your property listing.
- Platinum Package – $549: This package lists your property for an unlimited term and lets you upload up to 50 photo. You are allowed to make unlimited changes to your property listing.
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 lets you list your property on the MLS for a flat fee. The listing also appears on other sites like Zillow, Trulia and Realtor.com.
- Quick Listing: Their Gold and Platinum packages promise an MLS listing in 24 hours.
- Free Listing Changes: You make changes to the details in your listing without any paying additional fees.
- Easy Cancellation: You can cancel or remove your listing from the MLS anytime, without paying any additional fees. If you change your mind before your property gets listed, you will receive a full refund.
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.
- Paid Add-ons: For services like professional real estate photography, you have to pay an additional $450 with the Silver package and $300 with the Gold package.
Flat Fee MLS Realty has 4.5 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 Flat Fee MLS package that varies by state. In New Mexico, it costs $299 to list with Flat Fee Realty. With this package, you get free listing changes and related 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.
How Do Flat Fee Listing Services in Albuquerque Work?
Albuquerque Flat Fee Multiple Listing Services get your home on the MLS for a fixed fee. However, only licensed agents can access the MLS. So, the top flat fee services in Albuquerque work with these agents to list and market your home.
All you have to do is choose a plan that best suits your home-selling needs. And voila! You save thousands.
Once the MLS listing is live, buyer agents can view your property on the MLS and subsequently recommend it to prospective buyers.
How Much Can You Save With a Flat Fee MLS Albuquerque Listing?
It depends on who you work with. A traditional full-service agent charges a 2.5% to 3% commission. On the other hand, a Albuquerque flat rate MLS listing service like Houzeo costs $399, with a closing fee of just $350.
Imagine you own a $344,000 home in the Duke City. If you choose a 3% Realtor, you pay $10,320 to get your house on the MLS. But, if you list with a flat fee service like Houzeo, you only pay $749 and save $9,571!
Service Provider | Fee | Commission Due | Savings |
Traditional Agent | 3% | $10,320 | $0 |
Houzeo | $399 | $749* | $9,571 |
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 pay 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 fees can still be offered outside of the MLS. They just cannot be advertised on the MLS.
How to Choose the Best Flat Fee Listing Service in Albuquerque, NM?
Here’s what you must consider when choosing Albuquerque Flat Fee MLS companies:
- Affordable Pricing: Select a Flat Fee MLS listing company that offers plans ranging from $300 to $800. Low listing costs may help you free up funds for other expenses like home staging or repairs.
- Maximum Exposure: Ensure that the Albuquerque Flat Fee MLS service provider gets your home on all the MLSs in your area. This will increase your home’s visibility.
- Maximum Photos: The MLS company must allow you to upload at least 22 pictures of your house. Professional photos taken from different angles help potential buyers visualize the property.
- Extended Listing Term: Choose a Flat Fee MLS Albuquerque listing service that keeps your listing live for at least 6 months. This way, you can wait for a better offer instead of feeling rushed to accept a less desirable one.
- Quick Listing: Select a local Flat Fee MLS Albuquerque listing service that gets your home on the MLS quickly. The faster your home is on the market, the less likely you will miss out on potential offers.
How to List on Albuquerque MLS via Houzeo
Follow these steps correctly to get an active MLS listing with Houzeo in 48 hours:
- Create Your Account: Download the Houzeo mobile app or go to Houzeo.com and click “Start Listing Now.” You’ll then have to provide basic information, like your name, contact details, etc., to set up your account.
- Enter Property Details: Go to the Houzeo dashboard and click “Sell a Property.” Submit details about your home, such as the number of rooms and baths, square footage, etc.
- Set Your Asking Price: Use online tools to check the value of your home and set the asking price accordingly.
- Choose Your MLS Plan: Houzeo offers 4 flat fee packages. Once you select a plan, the necessary documents will be automatically assigned to you. Completing the listing agreement will take just 20 to 30 minutes if done correctly.
- Add Property Description and Photos: Highlight your property’s key features to attract potential buyers. Upload high-quality photos showcasing major rooms and amenities such as a home gym or installed solar panels.
» Houzeo Reviews: Find out why Houzeo is one of Albuquerque’s best Flat Fee MLS listing services.
Alternatives to Albuquerque Flat Fee Listing Services
Albuquerque flat rate listing services are the best option for home sellers looking to retain most of their home equity.
However, if you don’t want to save your hard-earned equity, here are a few options for you:
- Discount Real Estate Brokers: They are licensed real estate professionals who offer the same services as traditional agents but for a lower fee. Discount real estate brokers in Albuquerque charge between 0.5% to 2% commission.
- Full-Service Realtors: They are real estate agents or brokerages that offer comprehensive services, including marketing, negotiation, paperwork, closing assistance, etc. However, they charge a 5% to 6% commission for their services.
- iBuyers/Cash Home Buyers: iBuyers, such as Opendoor and Offerpad, purchase homes directly from sellers. They have strict home-buying criteria. Cash buyers in New Mexico make offers for distressed houses within 24 to 48 hours.
- For Sale By Owner Websites: For Sale By Owner websites in NM allow homeowners to list and sell their properties without the assistance of a real estate agent. However, your home won’t get the MLS exposure it deserves.
Final Word
You don’t need a full-service agent to sell your home in the The Duke City.
With a flat fee listing on Houzeo, you can take control of your sale and save thousands. Get the same MLS exposure and expert tools at just $749 instead of a whopping 3% agent fee.
Frequently Asked Questions
Which is the best Flat Fee MLS listing service in Albuquerque, NM?
Houzeo is one of the top flat fee services in Albuquerque because of its advanced tech and stellar customer reviews. Congress Realty and Hardy & Co.Real Estate are other great options.
Can I list on the MLS without a real estate agent?
Yes, you can list your home on the MLS in Albuquerque without a real estate agent. Opt for a Flat Fee MLS listing service and eliminate the 3% listing agent's commission.
Is Flat Fee MLS legal in Albuquerque, NM?
Flat Fee MLS is legal all over the United States, including Albuquerque.
Is a seller’s disclosure required in Albuquerque?
Yes, you need to fill out the New Mexico seller disclosure form when selling your home in Albuquerque. It helps you disclose all the material defects and the overall condition of your property to potential buyers.
Why should I list my property on the Albuquerque real estate Multiple Listing Service?
Listing your property on the MLS ensures maximum visibility to buyers and agents, giving your home more exposure. Using a Albuquerque flat rate MLS listing service can help you avoid paying full commission to a real estate agent.