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Editor's Rating2.7
User Rating (7 Reviews)Flat Fee Realty is a real estate company. They offer a flat rate listing service to list your home on the MLS. Their pricing is affordable but varies by state.
Pros
- You can get your home on the MLS for just $199.
- You don’t have to pay a 3% Realtor commission.
- You can update your listing’s status and price for free.
Cons
- They allow only 6 photo uploads and charge $50 for additional ones.
- You won’t get comprehensive services like concierge or negotiations.
- They lack an advanced platform to manage listings and showings online.
Flat Fee Realty is a Flat Fee MLS company that helps you save on Realtor commission. They offer an affordable package to list your home on the MLS. The pricing of their package ranges from $199 to $299 based on the state your choose.
However, they lack essential features such as contract review, pricing assistance, and a yard sign. Their package includes only 6 photos unless you purchase an add-on for 25 photos. They also do not offer an advanced listing management platform.
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✍️ Editor’s Take: We recommend Houzeo over Flat Fee Realty. As America’s #1 Flat Fee MLS company, Houzeo provides comprehensive packages with many advanced features for home sellers. From listing to closing, Houzeo makes home selling simple. Compare Flat Fee Realty vs. Houzeo.
Is Flat Fee Realty Legit?
Yes, Flat Fee Realty is a legitimate company. They are a licensed brokerage in Connecticut. However, they partner with other flat fee brokers to offer their services in other states.
Fred Romano, a broker with over two decades of real estate experience, owns Flat Fee Realty LLC. He is also a member of the National Association of Realtors.
How Does Flat Fee Realty Work?
Here’s how Flat Fee Realty helps you sell your home:
- Choose a State: Select your state from the dropdown menu on the homepage of their website.
- Select Add-ons: Choose optional services, such as a photo upgrade that includes 25 additional photos.
- Enter Property Details: Fill in the details such as address, property type, beds, baths, size, year built, and price.
- Make Payment: Complete the payment to finalize and activate your MLS listing.
Once you complete the process, your broker may take one business day to list your property. It may take 1 to 2 days for your property to syndicate to other real estate websites like Zillow, Trulia, and Realtor.com.
Flat Fee Realty Coverage
Flat Fee Realty is available in all 50 states and Washington, D.C. But the areas they cover can vary by state and may change over time.
Flat Fee Realty Cost
Flat Fee Realty offers a single package that you can upgrade based on your needs. The price of this package ranges from $199 to $299, depending on the state. However, in Connecticut, they offer two packages — Standard for $249 and Premium for $299.
Pricing: $199-$299
| 👍 What We Like | 👎 What We Don't Like |
|---|---|
| ✅ Affordable listing plan | ❌ No yard sign |
| ✅ Easy cancellation | ❌ No listing management platform |
| ✅ State disclosures forms | ❌ Lack of pricing assistance |
| ✅ Syndication to Zillow, Trulia, and Realtor.com | ❌ Only 6 photos |
| ✅ Free price changes | ❌ No contract review |
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Our Take: This package includes only 6 photos, which is quite low compared to other services. It also lacks essential features like a listing management platform and pricing assistance. So, this package may not be an ideal choice for most home sellers.
Flat Fee Realty Reviews
Flat Fee Realty doesn’t have customer reviews on trustworthy websites like Google or Yelp. This makes it difficult for potential customers to assess the quality and reputation of their real estate service.
Flat Fee Realty Pros and Cons
Here are the pros and cons of selling your home with Flat Fee Realty.
✅ Pros of Flat Fee Realty
- Cost-Effective: Flat Fee Realty offers an affordable flat fee listing package.
- Market Exposure: Your property will get syndicated on many local and national websites.
- Free 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.
- Free Disclosures: Flat Fee Realty offers free disclosures for all states.
❌ Cons of Flat Fee Realty
- Lack of Essential Features: Flat Fee Realty offers a service package with limited features for home sellers.
- Non-customizable Packages: Flat Fee Realty’s listing package provides little to no scope for customization as per your need.
- Lack of Yard Sign: The company does not offer a standard yard sign, which is a crucial tool for local property visibility.
- No Contract Review: Home sellers are not provided with assistance in reviewing the complexities of real estate contracts.
- Lack of Listing Management Tools: Sellers cannot efficiently manage and track their property listings through the company’s platform.
Flat Fee Realty Competitors
» Jump to: Flat Fee Realty vs. Houzeo | Flat Fee Realty vs. Lake Country Flat Fee | Flat Fee Realty vs. List With Freedom
1. Comprehensiveness: Flat Fee Realty vs. Houzeo
Flat Fee Realty’s listing service starts at $199. However, it’s not comprehensive enough for home sellers. Additionally, they lack essential features like a yard sign, showings, and offer management.
Houzeo, on the other hand, offers holistic packages starting at $199. They include all the essential services a home seller needs. These include easy listing, quick updates, showings, offer management, and a powerful mobile app.
| Features | ||
|---|---|---|
| Listing Fee | ||
| Customer Rating | ||
| Coverage | ||
| Showings Management | ||
| Offer Management | ||
| Unlimited Listing Changes | ||
| Unlimited Open Houses | ||
| Request Highest and Best Offer | ||
| Home Inspection Dashboard |
2. Credibility: Flat Fee Realty vs. Lake Country Flat Fee
Flat Fee Realty does not have customer reviews on reliable websites like Google and Yelp. This makes it difficult for potential customers to assess the quality and reputation of their real estate service.
Whereas, Lake Country Flat Fee enjoys robust customer reviews. Many customers said their experience was good and their team was quick to respond.
3. Service Quality: Flat Fee Realty vs. List With Freedom
Flat Fee Realty is a licensed brokerage in Connecticut. In other states, they partner with experienced flat fee listing brokers to provide their services. So, the quality of service may not always be consistent.
List With Freedom is a licensed brokerage in 46 states. Unlike Flat Fee Realty, they handle listings directly and do not rely on partner brokers. This ensures more consistent service quality across most states.
Best Flat Fee Companies Near You
We’ve compiled a list of the best Flat Rate MLS Listing Services in each state. Click on your state to check them out!
Other Options You Should Consider
- Sell to an iBuyer: iBuyers purchase homes needing minimal repairs in as-is condition. They can be a great option if you want to sell your house fast.
- Sell to Cash Home Buyers: Individual cash home buyers make all-cash offers, usually within 24 to 48 hours. They also let you skip listing on the MLS.
- Sell For Sale By Owner: For Sale By Owner websites help you list and sell a house yourself, saving thousands in agent commissions. Many FSBO websites will also help you with the paperwork.
Is Flat Fee Realty Worth It?
Yes, Flat Fee Realty is worth considering for its affordable pricing and nationwide availability. However, the limited features, such as only 6 photos and lack of listing management tools, may not meet every seller’s needs.
For a more feature-rich and efficient home-selling experience, Houzeo is a better alternative. With Houzeo, you can receive competitive offers and get the highest and best offer for your property.
» Houzeo Reviews: Check out why more than 10,000 home sellers have rated Houzeo 4.9 stars out of 5.
Frequently Asked Questions
Is Flat Fee Realty legit?
Yes, Flat Fee Realty is a legitimate real estate service provider, offering MLS services throughout the nation. The company is a licensed brokerage in Connecticut. In the remaining states, they act as a referral service.
Who is the owner of Flat Fee Realty?
Fred Romano is the owner of Flat Fee Realty LLC. He is also a member of the National Association of Realtors.
What is Flat Fee Realty?
Flat Fee Realty is a website that offers Flat Fee MLS services. They offer a single Flat Fee MLS package that varies by state. The cost typically ranges from $199 to $299, depending on your state.
Reviews
(7 Reviews)
Lorae
Verified Reviewer
Ron Billman
Verified Reviewer
You get what you pay for. Get yourself a good realtor and spend the extra money. You will be great full in the end. I will never use a flat fee listing company again.
Samuel J Donahue
Verified Reviewer
In my area does not work ,local real estate brokers and agents shun the property ,do not get any activity
Gary Armstrong
Verified Reviewer
Flat fee was the best thing I could have done when I sold my home, saved a lot of money I was guided the hole time by a broker and a VA. I will use It again.
Mike
Verified Reviewer
Overall, very pleased with service and savings. Need to be careful on local requirements. Lack of knowledge could delay closing
bill liles
Verified Reviewer
Not at all. They do not return phone calls or answer emails. They lie, make no repairs, and overcharge on auto pay.
ANTON
Verified Reviewer
IT IS ALL PERFECT AND GREAT. THX
I’m sad to say, that this was apparently not a good choice for us. This might work great in your area of the US but not where we are at. We’ve had very little traffic to see our house. But I guess that’s the chance you take!