✏️ 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.
Ohio Flat Fee MLS is an Ohio-based online platform that allows homeowners to list their properties on the Multiple Listing Service (MLS).
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Pros
- Expanded Reach
- Cost Savings
Cons
- Lack of Professional Guidance
- Limited coverage
Ohio Flat Fee MLS reviews speak volumes about this real estate company. In this review, we’ll delve into the critical aspects of Ohio Flat Fee MLS.
Ohio Flat Fee MLS is a good option to save on commissions, but their customer support may not always be the best to guide you through the process of selling your house. In such cases, Houzeo may be able to help you out.
Houzeo will automatically assign your local MLS giving you maximum exposure to buyers and buyer agents. Your listing will also be on all major platforms including Zillow, Redfin, Realtor.com, and Trulia.
Key Takeaways
- Pros: Ohio Flat Fee MLS offers affordable listing options, enabling homeowners to save money on real estate agent commissions.
- Cons: While the cost savings are attractive, the company’s customer support and guidance may not be as comprehensive as traditional real estate agents provide.
- Our Take: If you’re a savvy homeowner comfortable with handling the selling process independently, Ohio Flat Fee MLS can be a viable option. However, if you prefer more hands-on assistance and guidance, especially if you’re a first-time seller, you may want to consider alternative solutions.
What is Ohio Flat Fee MLS?
Ohio Flat Fee MLS is an online Flat Fee MLS platform. They allow homeowners to list their properties on the Multiple Listing Service (MLS. They provide MLS services only in Ohio. MLS is a database real estate professionals use to share property information and facilitate the buying and selling process.
By listing on MLS, you can reach potential buyers and increase your chances of a successful sale.
How Does Ohio Flat Fee MLS Work?
Ohio Flat Fee MLS works on a simple concept. Homeowners pay a one-time flat fee to have their property listed on the MLS for a specified period.
This fee is significantly lower than the typical commission charged by traditional real estate agents. Once listed, provide your property details, including photos and descriptions. With this, you can become visible to several real estate agents and potential buyers browsing MLS.
The Ohio Flat Fee MLS Homes Process:
The process works in these simple steps:
- Choose a County: You select a county from Ohio and list your home. Then select the desired flat fee MLS listing package.
- Sign Up: After choosing the package, enter your payment details. Next,
- Fill out the Forms: Submit all the necessary details.
- Upload Photos on MLS: Add the photos of your property to the MLS listing as per your package.
- Upload all Documents: Upload all the documents from Home Owners Association to Proof of Ownership.
Services/Packages
Ohio Flat Fee MLS offers various packages to suit different seller needs. The packages include services such as listing on MLS, and syndication to popular real estate websites. Moreover, they also provide photos on MLS and access to necessary forms and contracts.
Homeowners can select the package that aligns with their requirements and budget. Ohio Flat Fee MLS offers 3- packages for sellers:
- Silver MLS & Realtor.com – $297: You can list your home for 6- months with 25 photos on MLS. The package also includes disclosure forms and unlimited listing changes.
- Gold MLS + Offer Review – $597: The package lists your home until it gets sold on the MLS. Moreover, with the package you get maximum photos, complete offer review, and counteroffer forms.
- Platinum Full Service Listing – $997: The package offers everything from the gold package with market price analysis and closing coordination.
» 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.
👍 Pros of Ohio Flat Fee MLS
- Cost Savings: Ohio Flat Fee MLS provides an affordable alternative to traditional real estate agents. They allow homeowners to save money on commissions.
- Expanded Reach: By listing on MLS, sellers can expose their properties to a broader audience.
👎 Cons of Ohio Flat Fee MLS
- Limited Support: While Ohio Flat Fee MLS offers a cost-effective solution, it lacks the personalized support and guidance that traditional agents provide.
- Increased Responsibilities: Selling through Ohio Flat Fee MLS requires homeowners to take on more responsibilities. You will solely handle inquiries, negotiations, and paperwork, which may be overwhelming for some.
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Conclusion
Ohio Flat Fee MLS can be an option for homeowners looking to save on commissions and have control over their selling process. However, consider the limited support and increased responsibilities that come with this choice.
Nevertheless, if you have experience selling properties independently or prefer a hands-off approach, consider Ohio Flat Fee MLS. However, if you’re seeking personalized guidance or are new to selling real estate, consider alternative options that suit your needs.
Remember to carefully evaluate your requirements and preferences before making a decision.
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Frequently Asked Questions
1. Is Ohio Flat Fee MLS Legit?
Yes, Ohio Flat Fee MLS is a legitimate real estate service provider, offering MLS services in Ohio.
Flat Fee Listing Services Reviews
| Region | Cash Home Buyers |
|---|---|
| Nationwide | MLS My Home | Brokerless | Fizber | Flat Fee Group | MLS My Home | Brokerless Inc | UnReal Estate |
| Near-Nationwide | List With Freedom | Homecoin | Flat Fee Realty | Buyself Realty |
| Northeast | Simple Choice Realty | Realmart |
| Midwest | Lake Country Flat Fee | Madcity Homes | Broker Direct MLS | Ohio Flat Fee MLS | Reozom | Flat Fee Pros | Kermath Realty | Modern Way Realty | Flat Fee MLS Realty | Circle One Realty | Congress Realty |
| South | FlatList.com | ListingSpark | Creek View Realty | Mr. Lister Realty | Mink Realty | List Now Realty | Listingly | Adams Family Real Estate | Simply List |
| West | Savvy Lane Reviews | Lowes Flat Fee Realty | By Owner Oregon |
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