Flat Fee MLS Michigan | 7 Companies With No Red Flags 🚩

10 mins read Nov 21, 2024
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Editor
Edited By

Carol Coutinho

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Editor
Edited By

Carol Coutinho

Editor, Houzeo
About

Carol C. is a versatile editor, expertly refining real estate content with precision and creativity. When not exploring market trends, she is immersed in the enthralling world of the theatre.

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From Detroit to Traverse City, Flat Fee MLS services have helped Michiganians save thousands in 2024. Flat Fee MLS Michigan 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 Michigan. You will also save on the 2.5% to 3% buyer agent commission with the NAR Settlement. That’s a potential saving of $16,296 on an average $271,600 home in the Wolverine State!

Rankings: 7 Flat Fee MLS Michigan Companies in 2024

Flat Fee MLS ServicePrice100% OnlineOffer ManagementShowing Management5-star ReviewsMobile App
1. Houzeo$399
2. Modern Way Realty$795
3. Kermath Realty$998
4. Homecoin$95$
5. Simple Fee ListingVaries
6. Flat Fee Realty$349
7. FSBO$399.95

$ – This service comes at an extra fee.

Reviews: 7 Best Flat Fee MLS Michigan Listing Services

1. Houzeo

Houzeo LogoLogo-Link

#1 Flat Fee MLS Service

Listing Fee: $399

4.9/5

10,020+ reviews
💲 Pricing

Houzeo is a high-tech platform with easy listing, fast changes, and online showings and offers.

You can choose from 4 Flat Fee MLS packages:

  • Bronze Package – $399+$350 at Close: This package offers a Houzeo listing only for 6 months with 24 photos.
  • Silver Package – $399+0.5% at Close: This offers maximum photo upload and provides you with seller disclosures.
  • Gold Package—$429+0.5 % at Close: 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 Package – $449+1% at Close: 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! Before you list, confirm all prices on your particular state’s pricing page.

» Houzeo Reviews: Find out why 10,000+ Americans love Houzeo.

⚡ Highlights

Houzeo is America’s #1 Flat Fee MLS service because of 5 reasons:

  1. Max Exposure: Houzeo’s listing packages get your home on Zillow, Trulia, Realtor.com, Redfin, and 100s of other real estate websites.
  2. 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.
  3. 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 potential buyers on the go.
  4. No Hidden Fees: All fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the traditional listing agent commission.
  5. Free Home Value Estimator: Now, you can get a free home value estimate within 30 seconds. It helps you set a listing price.
🚩 Deal Breakers

There are no dealbreakers with Houzeo.

» Is Houzeo Legit?  Houzeo addresses all Houzeo complaints from home sellers.

⭐ Reviews

Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.

» Houzeo ReviewsHouzeo is rated Excellent by 10,020+ home sellers.

Houzeo.com is Michigan’s #1 ranked Flat Fee MLS service. Houzeo provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology.

In Michigan, the Bronze package costs $0. The Silver package costs $0 and the Gold package costs $0 . The Platinum package costs $0 .

2. Modern Way Realty

logo imageLogo-Link

COST EFFECTIVE PACKAGES

Listing Fee: $295 - $995

5/5

120+ reviews
💲 Pricing

Modern Way Realty offers multiple flat fee packages:

  • Basic – $295: This is a DIY package that includes a 6-month listing term with 10 photos. Other services include real estate forms and disclosures, buyer lead forwarding, and showing time setup.
  • Standard – $395: This package includes everything from the basic package including up to 40 photos. Along with it, you can make unlimited changes to your listing and provide access to tools like a closing cost calculator.
  • Premium – $895: In addition to all the services of the Standard package, it includes support for negotiations and processing offers.
  • Platinum – $995: This package includes everything from the Premium Package and offers dedicated agent support from listing to closing. It also provides options for adding video tours and unlimited open houses to your MLS listing.

👉 Our Take: Modern Way Realty offers several packages, but has a limited listing period of 6 months, even the premium ones. Many other flat-fee brokers in Michigan offer longer durations at a lower cost.

⚡ Highlights

Here are some benefits of working with Modern Way Realty:

  • Multiple Packages: Modern Way Realty offers multiple flat fee packages to choose from as per your requirements.
  • Maximum Market Exposure: Your property gets listed on websites like Zillow, Trulia, Realtor.com, etc. This exposure will help you sell your house faster.
  • Strong Customer Ratings: Modern Way Realty has an excellent 5 out of 5-star rating on Google Reviews. This indicates they provide strong support to their customers.
🚩 Deal Breakers

In our research, we found some deal breakers of Modern Way Realty:

  • No Agent Support: The basic plan of Modern Way Realty doesn’t offer any agent support.
  • Time-Limited Listings: All packages are limited to a 6-month listing period, which may require you to renew if your property doesn’t sell within that timeframe.
  • Limited Coverage: Modern Way Realty only operates in the state of Michigan.
⭐ Reviews

Modern Way Realty has 5 out of 5 stars from 120 reviews on Google.

Modern Way Realty Reviews: Read Modern Way Realty’s reviews and choose accordingly.

Modern Way Realty offers multiple flat fee packages for Michigan home sellers. These packages are slightly on the expensive side for the services they offer.

Also, unless you subscribe to a premium package, you won’t get any advice from a real estate agent. A discount realtor might be a better option, as they offer support throughout the selling process.

3. Kermath Realty

logo imageLogo-Link

LOCAL EXPOSURE

Listing Fee: $299 - $998

4.3/5

70+ reviews
💲 Pricing

Kermath Realty offers 4 Flat Fee MLS packages to home sellers.

  • Bronze Package – $299: The package includes a listing term of 6 months with 6 photos. Other services include printable color flyers, buyer lead forwarding, and a regular yard sign. 
  • Silver Package – $399: The package includes a listing term of 12 months with 35 photos. The package also offers 3 open house postings, virtual tours, and more.
  • Gold Package – $998: This is a full-service package. You get direct assistance from a broker to help you sell.
  • Platinum Package – $379 + 0.5% at closing: This package is similar to the Gold Package. You need to pay 0.5% of the sales price to a maximum of $1,500 at closing.

👉 Our Take: Kermath Realty offers multiple packages tailored to fit your needs. However, the two full-service plans are expensive as compared to the other service providers.

» What is Kermath RealtyIs Kermath Realty worth it? Read our blog to find out.

⚡ Highlights

In terms of value, Kermath Realty is a good option. Here are some of its advantages.

  • Strong Customer Support: Kermath Realty has an excellent 4.3 out of 5-star rating on Google Reviews. This indicates they provide strong support to their customers.
  • Color Flyers With All the Listings: Each listing includes a color flyer that you can hand out at open houses or post on your yard sign.

» Pros of Kermath RealtyRead this to learn more about the company.

🚩 Deal Breakers

In our research, we found some major deal breakers with Kermath Realty.

  • Only for Experienced Sellers: The Bronze and Silver plan from Kermath Realty is only suitable for seasoned sellers. If you require even a little support, you should pick one of the more expensive options.
  • Listing Upgrades are Not Clear: There is no information on Kermath Realty’s website about whether you can change your listing after it goes live.
⭐ Reviews

Jeff Kermath Realty has 4.3 out of 5 stars from 70+ reviews on Google. 

» Kermath Realty Reviews: Read Kermath Realty’s reviews and choose accordingly.

If you prefer to work with a regional company, Kermath Realty is a good choice. Jeff Kermath, a real estate broker in Washtenaw County for 35 years, has owned and operated Kermath Realty.

The company’s simple flat-cost MLS listing package ($399) doesn’t offer much for its price. The package includes six photographs and no open houses.

Kermath Realty does not provide you with a real estate professional without their full-service package. As a result, we recommend that you select a low-commission real estate agent. They will provide superior service for a reasonable fee.

4. Homecoin

Homecoin logoLogo-Link

AFFORDABLE PACKAGE

Listing Fee: $95

4.8/5

120+ reviews
💲 Pricing

Homecoin offers only one Flat Fee MLS package:

  • Flat Fee MLS Listing – $95: It includes a 12-month listing term, 25+ photos, call forwarding, info by text, email forwarding, and state and federal disclosures. You also get up to 10 free listing changes.

Add-ons:

  • Sign Post Rental: $105 (price varies by area)
  • Lockbox Rentals: $125 (price varies by MLS)
  • Pro Photography: $182 (price varies by area)
  • Seller Agent: They offer two packages for seller agent. Standard package costs $495 and the premium package costs $2,999.

👉 Our Take: Homecoin offers only a single package for listing on the MLS. If you opt for any additional service, you end up paying extra.

Note: Homecoin’s services and prices vary by region. Our research is conducted in the 90001 ZIP code.

⚡ Highlights

Based on our research, the benefits of Homecoin are:

  • Digital Automation: The listing documents can be filled out online on their website.
  • Affordable Listing: Apart from expensive add-ons, your home gets listed on the MLS at an inexpensive price.
  • Covers 22 States: Homecoin covers Arizona, California, Florida, Georgia, Illinois, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, North Carolina, New Jersey, New York, Ohio, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington, and Wisconsin.
🚩 Deal Breakers

In our research, we found some limitations of Homecoin, that could make your experience less satisfactory.

  • Essentials Are Add-Ons: Homecoin will charge you extra for features like showing management with a lockbox. You can counter an offer or request the highest and best offer.
  • Upgrades are Overpriced: If you want to manage showings, you have to rent a lockbox for $125.
  • Key Features Are Not Available: Key features, like inspections and appraisals, are missing in Homecoin’s offerings. Without these, you risk turning off buyers and buyer agents.
⭐ Reviews

Homecoin has 4.8 out of 5 stars from 120+ reviews on Yelp.

» Homecoin Reviews: Is Homecoin worth it? Read our blog to find out.

Homecoin is a website For Sale By Owner that offers a single MLS listing package, priced at $95. You can avail of their rental lockbox, professional real estate photographs, or signposts at additional costs.

We do not recommend Homecoin for most home sellers. While the $95 flat fee is definitely attractive, the additional features come with a hefty price point.

Further, Homecoin’s limited coverage may make it difficult for many Americans to benefit from their MLS access package.

5. Simple Fee Listings

simple fee listingsLogo-Link

LOCAL EXPERTS

Listing Fee: Varies

5/5

20+ reviews
💲 Pricing

Simple Fee Listings is a flat fee company. They offer 5 listing packages to their customers.

  • Upfront $199: It includes listing on MLS, 1 open house, 6 months of listing, up to 25 photos, and many more.
  • Upfront $249: It includes listing on MLS, 3 open houses, 6 months of listing, up to 50 photos, market analysis, access to realtor’s contact info, and many more.
  • Upfront $999: It includes listing on MLS, 6 open houses, 12 months of listing, up to 99 photos, negotiations, contract review, and many more.
  • Upfront $1499: It includes listing on MLS, 6 open houses, 12 months of listing, up to 99 photos, negotiations, lockbox, contract review, professional photography, social media marketing, and many more.
  • 1% at closing (upfront $299): It includes listing on MLS, 6 open houses, 12 months of listing, up to 99 photos, negotiations, lockbox, contract review, professional photography, social media marketing, and many more.

👉 Our Take: We recommend Simple Fee $1499 Package. This package comes with professional photography & drone photos, and also with the lockbox, so it’s worth it financially.

⚡ Highlights

Here are some advantages of simple fee listings that you should consider before choosing them:

  • Market Exposure: Listing gets syndicated to Realtor.com, Redfin, and Zillow.com. All the major websites you would like to use to showcase your home in front of the right buyers are covered.
  • Choose Your Buyer’s Agent Commission: With them, you can decide the Buyer’s Agent Commission from 1% to 3%.
  • Simple User Interface: Simple Fee Listings website is easy to navigate. Due to its basic interface, you can easily create your listing by adding relevant information.
🚩 Deal Breakers

Here are some disadvantages you should consider before choosing them:

  • Limited Coverage: Simple Fee Listings coverage is limited. They provide services only in Michigan and Florida.
⭐ Reviews

Simple Fee Listings has a rating of 5 out of 5 from 20+ reviews on Google.

Simple Fee Listings provides Flat Fee services in Michigan and Florida. It was founded in 2019 by Randall Wolber Jr.

They offer many services like MLS listing, open houses, negotiations, lockbox, contract review, professional photography, social media marketing, and many more. However, their coverage is limited.

6. Flat Fee Realty

Flat-Fee-Realty-logo.Logo-Link

UNLIMITED LISTING TERM

Listing Fee: $99 - $595

4.3/5

90+ reviews
💲 Pricing

FlatFeeMLSRealty 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.

⚡ Highlights

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.
🚩 Deal Breakers

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.
⭐ Reviews

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.

These MLS For Sale By Owner packages include only an option to list on the MLS. With this package, you get free listing changes and related disclosures. You can add more than 6 photos to your listing by paying an additional $50.

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.

7. FSBO.com

Logo - FSBO.comLogo-Link

NATIONAL REFERRAL COMPANY

Listing Fee: $99.95 - $399
No credible reviews were found.
💲Pricing
  • FSBO Package: $99.95
  • MLS Package: $399.95
⚡ Highlights
  • Multiple Categories of Listings
  • User-Friendly Interface
  • Nationwide Coverage
🚩 Deal Breakers
  • Limited Automation
  • Unpredictable Broker Quality
  • Extra Charges for Listing Photos
  • Expensive à la carte Services
⭐ Reviews

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.

🚨 High Hidden Fees: Many MI Flat Fee services have charges that aren’t disclosed on their websites. These hidden fees can lower your net proceeds.

Local Flat Fee MLS Listing Services in Michigan

Flat fee real estate brokers in MI will list your home on the MLS, increasing its visibility to nearby buyers and agents. Here are some Michigan Flat Fee MLS listing services available near you:

1. Grand Rapids, MIFlat Fee MLS Grand Rapids
2. Detroit, MIFlat Fee MLS Detroit

How Do Flat Fee Listing Services in Michigan Work?

Michigan 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 MI 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.

Flat Fee MLS MI Houzeo Exposure
If you list with Houzeo, your listing will also be visible on popular sites like Zillow, Realtor.com, and local MLSs.

How Much Can You Save With a Flat Fee MLS MI 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 flat rate real estate MLS listing Michigan service provider like Houzeo costs $399, with a closing fee of just $350.

Imagine a $271,600 home in the Wolverine State; you would pay $8,148 to the listing agent. However, listing with Houzeo would save you $7,399.

Service ProviderFeeCommission DueSavings
Traditional Agent3%$8,148$0
Houzeo$399$749*$7,399
* Houzeo’s Bronze Plan costs $399 and has a $350 closing fee.

Lara Shane Saved $24,000 With Houzeo, You Can Too!

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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 Michigan?

Here’s what you must consider when choosing the right Flat Fee MLS listing Michigan company:

  1. Affordable Pricing: Select a Flat Fee MLS listing service 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.
  2. Maximum Exposure: Ensure that the MI Flat Fee MLS service provider gets your home on all the MLSs in your area. This will increase your home’s visibility.
  3. Maximum Photos: The flat fee multiple listing service Michigan 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.
  4. Extended Listing Term: Choose a Flat Fee MLS Michigan company 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.
  5. Quick Listing: Select a local Flat Fee MLS Michigan 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 Michigan MLS via Houzeo

Follow these steps correctly to get an active MLS listing with Houzeo in 48 hours:

  1. 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.
  2. 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.
  3. Set Your Asking Price: Use online tools to check the value of your home and set the asking price accordingly.
  4. 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.
  5. 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.

15,000 Americans Have Listed Their Homes via Houzeo!

What Are You Waiting For?

List Your Home NOW!

» Houzeo Reviews: Find out why Houzeo is one of Michigan’s best Flat Fee MLS listing services.

Alternatives to Flat Fee Multiple Listing Services in Michigan

Flat Fee MLS listing Michigan 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 Michigan 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 Michigan make offers for distressed houses within 24 to 48 hours.
  • For Sale By Owner Websites: For Sale By Owner websites in MI 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 Wolverine State.

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

What is the best MLS listing site in Michigan?

Various Flat Fee MLS companies in Michigan provide unique packages that can help a home seller. Amongst them, Houzeo is a great option with its advanced tech and stellar customer reviews. Modern Way Realty and Kermath Realty are other great options for locals in Michigan.

Can I list on the MLS without a real estate agent?

Yes, you can list your home on the MLS with a Michigan Flat Fee MLS listing service, eliminating the listing agent's 3% commission right away!

How much is a Flat Fee MLS listing in Michigan?

On an average, listing your home on the MI MLS costs around $299 to $399 on average.

» Cost to List on MLS: Find out how much will it cost you to list on the MLS.

Is Flat Fee MLS legal in Michigan?

Flat Fee MLS is legal all over the United States, including in Michigan.

Is Seller’s Disclosure required in Michigan?

Yes. The MI seller disclosure form reveals all material defects and the general state of your property to potential buyers.

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