✏️ 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.
Lake Country Flat Fee is a Flat Fee MLS company licensed only in Wisconsin. It offers one full-service package at $3,995. Check out the in-depth review of Lake Country Flat Fee below.
Editor’s Rating
User Rating
(0 Reviews)
Pros
- Local expertise
- Offers CMA report
- Save you thousands in Realtor commission
Cons
- Limited coverage - only in WI
- Expensive package
- Time-consuming paperwork
Lake Country Flat Fee is a licensed flat rate company. They primarily cater to the sellers in Southeastern Wisconsin. With one full-service package at $3,995, you can get your home listed on the MLS.
Their plan gives you access to all services from listing to negotiations and closing. However, their full service package is expensive in comparison to other flat rate companies.
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✍️ Editor’s Take: We recommend Houzeo over Lake Country Flat Fee. Houzeo operates in 47 states + DC. Further, you get access to cutting edge tools like showings management, advanced property valuation tools, etc. Compare Lake Country Flat Fee vs. Houzeo.
Is Lake Country Flat Fee Legit?
Yes! Lake Country Flat Fee is a legitimate company headquartered in Oconomowoc, Wisconsin. Paul Liebe founded the company in 2002. He has consistently ranked as a top Realtor in the industry for 15 out of the last 18 years.
Lake Country Flat Fee has a strong track record of proven results with over 2.26 billion dollars in total RE sales since 2002. Moreover, they have saved their sellers over $62 million in commission in the last 22 years.
However, Houzeo has saved their sellers $113 million in the last 6 years only. You can consider Houzeo if you are looking for a more affordable alternative with broader geographic coverage within Wisconsin.
» 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.
How Does Lake Country Flat Fee Work?
Lake Country Flat Fee has a simple listing process. We’ve listed down the steps for you:
- Sign Up: Visit the company website and initiate the seller registration process.
- Fill in Your Details: The sign up page will ask you for your basic contact details and the reason for signing up. Contact details will include your name, email and contact number.
- Wait for a Callback: After receiving your details, one of their real estate agents will contact you. They will schedule a meeting to discuss about your property and their services in detail.
Lake Country Flat Fee Coverage
Lake Country Flat Fee offers services only in 8 counties of the Southeastern part of Wisconsin. The counties include Waukesha, Milwaukee, Washington, Ozaukee, Jefferson, Dodge, Walworth, Racine, and Kenosha.
Lake Country Flat Fee Packages
The company provides one full-service package that costs $3,995. You are also obliged to pay an additional 2.4% fixed buyer’s agent commission. The package includes digital photoshoot and agent networking and marketing.
| 👍 What We Like | 👎 What We Don't Like |
|---|---|
| ✅ Professional Yard Sign | ❌ Available only in 1 state |
| ✅ CMA report | ❌ Expensive package |
| ✅ Contract negotiation and closing coordination | ❌ MLS listings is only for six months |
| ✅ Realtor assistance |
👉 Our Take: We recommend Houzeo instead. We offer 5 star customer support, cutting edge tools and near nationwide coverage. All of this is available with pricing starting as low as $399. We disclose all our fees upfront which means there are no hidden charges.
Lake Country Flat Fee Reviews
Lake Country Flat Fee has a 4.9 out of 5 rating based on 229 reviews on Google.
Positive Reviews
✅ Kathy says that she would prefer no one but Andrea McHenry from Lake Country Realty to sell her home again. Andrea made Kathy’s home market-ready and it sold on the very first day of listing.
I had the pleasure of working with Andrea McHenry to sell my home. Andrea was very thoughtful and efficient in getting my home ready for the market. My home sold in the first day and I couldn’t be more pleased. If I were ever to sell again, I’d work with no one else!
Source: Google
✅ Neyahte had a pleasure of working with Lake Country Flat Fee’s Realtor, Tom Saur. She describes him to be always available and very accommodating. She highly recommends considering lakecountryflatfee.com to buy or sell a house.
We had a great experience purchasing a house through Lake Country Flat Fee. Our realtor, Tom Saur was always available and very accommodating. I would highly recommend considering Lake Country if you are in the market for buying or selling a house/property!!!
Source: Google
Negative Reviews
❌ John Dotto was not happy with the services of Lake Country, Wisconsin. He said that the company provided no advice or assistance.
The money you’ll save on the transaction is not worth the complete lack of effort you will get when working with this company…
Source: Google
❌ Barb Conrad mentioned that he was not happy with the Realtor Tom Sauer. He said Tom was extremely poor in communication, provided no updates on offers, and didn’t answer phone calls.
We were NOT pleased with Tom S. …extremely poor communication. Had to call him once we were notified by someone else that an offer was made to us..
Source: Google
Pros and Cons
Impressive Lake Country Flat Fee reviews reflect their customer satisfaction. However, let’s weigh the pros and cons to see if Lake Country is the ideal choice for you:
✅ Pros
Here are some advantages of listing with Lake Country Flat Fee:
- Experienced Broker: Paul Liebe, the owner of Lake Country Flat Fee, is a professional real estate broker. He is the best-selling residential Realtor in Southeast Wisconsin.
- Pre-Listing Advice: They have experienced agents who provide expert recommendations for staging and home improvements. These strategic advice will help you attract potential buyers and make a successful sale.
- Comparative Market Analysis Report: The company provides a comprehensive CMA report to accurately assess your home’s worth. The data-driven report will help you price your home competitively.
❌ Cons
In our research, we found some dealbreakers with Lake Country Flat Fee.
- Limited Coverage: The company covers only 9 counties of Southeastern Wisconsin.
- Fixed Buyer Agent Commission: You have to pay a fixed 2.4% buyer agent commission while other flat-fee companies offer flexibility. You have the liberty to choose a commission between 0.5% and 3% with other Flat Fee companies.
- Manual Paperwork: Lake Country Flat Fee requires manual paperwork. The paperwork can take anywhere from a few days to several weeks.
Lake Country Flat Fee Competitors
» Jump to: Lake Country Flat Fee vs. Houzeo | Lake Country Flat Fee vs. Homecoin | Lake Country Flat Fee vs. Beycome
If Lake Country Flat Fee didn’t meet your needs, here are 3 alternatives you can consider:
1. Lake Country Flat Fee vs. Houzeo
Houzeo offers four packages starting from $399. These plans cost ten times less than Lake Country’s single comprehensive package $3,995. In addition, you can host open houses and request highest and best offer on the go with Houzeo’s mobile app.
With Lake Country Flat Fee, you need to set up an in-person meeting before listing which takes up most of your time. Moreover, there will be a mediator to handle buyer interactions unlike Houzeo where your buyer leads can contact you directly.
| Listing Fee | ||
| Customer Rating | ||
| Coverage | ||
| Showings Management | ||
| Offer Management | ||
| Listing Changes | ||
| Unlimited Open Houses | ||
| Request Highest and Best Offer | ||
| Home Inspection Dashboard |
2. Lake Country Flat Fee vs. Homecoin
Lake Country Flat Fee offers a single full-service package. Additionally, they provide services only in SE Wisconsin. Homecoin lists your house on the MLS for just $95 and offer services in 22 states. They can list your house within 24 hours from the time you submit your property details.
3. Lake Country Flat Fee vs. Beycome
Lake Country Flat Fee listings require you to deal with manual paperwork, which can be time-consuming. On the other hand, Beycome has a high tech system that allows you to complete the entire listing process online. You also get free access to all legal forms and disclosures without any additional costs.
Best Flat Fee Companies Near You
We’ve compiled a list of the best Flat Fee MLS Services in each state. Click on your state to check them out!
Is Lake Country Flat Fee Worth It?
It is a good option if you are looking for a local flat rate company in Wisconsin. The company has highly experienced team of real estate agents but offers you only one full-service, expensive package.
You can consider alternative services that provide more affordable plans. Houzeo can list your property on the MLS, manage your showings, call for the highest and best offers, and even counter them. All of this and more only for $399.
» Houzeo Reviews: Check out why more than 10,000 home sellers have rated Houzeo 4.9 stars out of 5 on Google and Trustpilot.
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Frequently Asked Questions
How much does Lake Country Flat Fee cost?
Lake Country Flat Fee offers a single comprehensive package costing $3,995.
» Lake Country Flat Fee Package: You can learn more about the package and the services included in the package here.
Is Lake Country Flat Fee the most affordable option in the Lake Country area?
Lake Country Flat Fee is not the cheapest option in the area. You can look out for alternative companies that will offer you similar services at a lower cost.
Does Lake Country host any open houses?
No. Lake Country Flat Fee does not host open houses. However, they allow their sellers to host their own open houses and they advertise them on the MLS.
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