✏️ 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.
Realmart is a Flat Fee MLS listing company. They allow you to list your property on the MLS for $395. You can also get professional services for a premium price.
Editor’s Rating
User Rating
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Pros
- Plans with agent's support available
- Money-back guarantee
Cons
- Expensive plans
- Limited coverage
- Technology not at industry standard
Realmart Realty is a Flat Fee MLS listing company. They help you list on the MLS without a full-service Realtor, saving you the 3% commission. They offer 2 packages for home sellers and 1 package for rentals.
Realmart offers a-la-carte services that help you customize your plan. They also also work with buyers and offer them a buyer’s rebate. We compared the top Flat Fee MLS NJ listing services. Realmart’s plans came out on the higher side of the industry average.
Realmart still offers a viable choice for savings. But, we would like to see more comprehensive packages for this price. You can get better services and technology with the competitors of Realmart.
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✍️ Editor’s Take: We recommend listing with Houzeo over Realmart Realty. Houzeo offers you better value per dollar. Their technology is also on par with the industry standards, helping you navigate smoothly through your FSBO journey. Compare Congress vs. Houzeo.
Is Realmart Legit?
Realmart Realty LLC is a legitimate Flat Fee MLS service provider. The company was founded in 2005 by Gary Ragusa and Matt Gomolka and holds a brokerage license in New York and New Jersey.
Being a part of Flat Fee Group, Realmart has successfully listed over 10,000 properties. They have become the top Flat Fee MLS service provider in their headquarters, New Jersey. Realmart also has a BBB accreditation with an A+ rating.
How Does Realmart Work?
The listing process with Realmart is pretty extensive. You have to be prepared with all the necessary documents. However, Realmart has given the seller’s guide to help you navigate through the process.
Here’s what you can expect:
- Create Your Account: Go to realmart.com and select the plan you want to purchase. You will be prompted to the registration page where you’ll have to create an account.
- Add Personal and Property Information: Add your name, contact, and address of the property you want to sell. Next, add the asking price and buyer broker’s commission you want to offer. Also, provide property descriptions for the MLS and realtor.
- Select Add-ons and Pay: Select the add-ons that you need. Next, add the billing information and pay the overall amount.
- Add Listing Documents: You need to complete 4 listing documents. These documents are consumer notice, listing agreement, seller’s disclosure form, and MLS property profile sheet. These documents are available in your account. You just need to modify and submit them.
- Upload Photos: Upload photos from your computer. You can add a maximum of 6 photos if you don’t purchase the upgrade.
- Sign the Listing Agreement: Each owner of the property receives a listing agreement. You need to e-sign it to confirm the listing.
Once you complete the registration, Realmart will start the MLS listing process.
What Does Realmart Realty Offer?
» Jump to: Flat Fee Plan | Professional Agency Plan | Rental Plan | Upgrades | Buyer’s Rebate
Realmart Realty offers 3 plans. A flat fee plan, a plan with professional services, and a rental plan. They also offer a list of upgrades to let you customize the plan. Moreover, they offer services to home buyers.
1. Flat Fee MLS Listing Plan: $395
| 👍 What We Like | 👎 What We Don't Like |
|---|---|
| ✅ Flat fee | ❌ Only 6 photos allowed |
| ✅ Unlimited change requests | ❌ No tool for listing management |
| ❌ No comparative market analysis | |
| ❌ No guidance in paperwork and negotiations |
👉 Our Take: This plan can get you on the MLS, but 6 photos will not be enough to showcase your house effectively. You can purchase an upgrade that allows you to upload up to 25 photos.
If you purchase the extension, you pay $100 extra. This will increase your overall cost to $495.
2. Professional Agency Plan: $695 + 1%
| 👍 What We Like | 👎 What We Don't Like |
|---|---|
| ✅ Listing until sold | ❌ Expensive |
| ✅ Pricings, and paperwork assistance | ❌ Pay 1% or $3000 (whichever is higher) |
👉 Our Take: This plan offers valuable agent support, which can greatly assist you throughout the process. However, it’s important to note the minimum fee of $3,000 is associated with this plan.
If your home sells for less than $300,000, you might end up paying more than the advertised 1% commission. In this situation, you should look for an alternative discount brokerage.
3. Realmart Rental Listing Plan
Realmart allows homeowners to list their property on the MLS for rentals. The company charges $295 for a 3-month listing with only 6 photos.
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👉 Important: Once your listing is live, you need to pay $59 to add or replace photos.
Upgrades and Extensions
Realmart offers upgrades and extensions to help you customize your flat fee plan. Some of the services are crucial to sell successfully. For example, you can’t miss out on the additional photos upgrade, as 6 photos will not be enough to showcase your home.
Depending on the upgrades, you’ll pay $400 to $1,183 extra. Your overall cost will be between $795 and $1,578.
» 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.
Here is the list of the upgrades:
| Add-ons | Price |
|---|---|
| Up to 25 Photos | $100 |
| 12 Months Listing | $199 |
| Comparative Market Analysis | $59 |
| Second MLS Category/System | $199 |
| Professional Photography | $199 |
| Staging Consultation | $199 |
| Digital Lockbox (on rent) | $199 |
| Combination Lock Box | $39 |
| Outdoor Info/Flyer Box | $29 |
| 3-month Listing Extension | $99 |
| 6-month Listing Extention | $149 |
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✍️ Note: Realmart only follows money-back guarantee if you cancel within 30 days of the purchase. Moreover, it also does not return any money if your listing is live on the MLS.
Realmart Realty Buyer’s Rebate
Realmart offers up to 2% buyers rebate. To be eligible for this rebate, you need to search for the home yourself. Realmart can help you by sending alerts of homes for sale in your preferred location.
Realmart’s agents come into the picture when you are ready to make an offer. They help you with writing and presenting the offer and handle all the negotiations. They also help you arrange for attorney review, schedule home inspections, mortgage applications, appraisals, title searches, etc.
Where Does Realmart Offer Their Services?
Realmart offers services in New York and New Jersey.
Realmart Reviews
Based on 197 reviews, Realmart has a rating of 4.3 stars on Trustpilot. Home sellers are happy to save the listing agent commission with Realmart’s flat fee plan. However, many realmart.com reviews also complain about the lack of professionalism of Realmart Realty agents.
Realmart Reviews: Praises
✅ Michael had a positive experience with Realmart and expressed his willingness to use the service again. He also highlighted that the customers should be ready with all the necessary documents to list with them.
Had a good experience using realmart. I would use this service again. One thing to keep in mind you have to upload all the docs as you go through the process.
Source: Trustpilot
✅ Lorri was happy to save on the listing agent’s commissions. He was happy to get multiple offers within 3 days of listing.
I used Realmart to list my home (in northern Westchester County, NY) on the MLS. I found them very helpful and efficient. Best of all, because of the listing, I had multiple offers in three days of listing my home! I could not have been happier. As long as you don’t mind coordinating showings with real estate agents, which is great because you do it on your schedule, there is no reason that I know not to use Realmart. I would absolutely use them again.
Source: Trustpilot
Realmart Reviews: Complaints
❌ Thomas felt misled after the initial call. He also highlighted that Realmart’s agents were not available at the closing.
Was misled after the first call. Then received a very hard sell from local real estate person who we ended up being disappointed with. Did not even show for the closing or call in advance to say they would not be there, but called afterward to ask where her closing check was. Would not use this service again.
Source: Trustpilot
❌ Tina, in her Realmart review, highlighted Realmart’s lengthy process. She might have felt this due to the extensive paperwork sellers need to handle before listing.
The email response are quick. However, too much paper work to fill. I had to fill out the same information twice. Once on the web site and the same thing on paper. Realmart really need to simplify the process. It took about a day to do all these!
Source: Trustpilot
Pros and Cons of Realmart
👍 Realmart Reviews: Advantages
- Unlimited Changes: You can make changes to your listing without additional cost.
- Buyer Rebate: Realmart gives a 2% buyer rebate after closing the deal.
- Additional Exposure: Your MLS listing syndicates to websites like Zillow, Trulia, Homes.com, Realtor.com, etc.
- Money-Back Guarantee: If you change your mind, you can cancel the plan and ask for a refund.
👎 Realmart Reviews: Limitations
- Expensive Plan: Compared to other FFM companies, Realmart’s prices are on the higher end of the industry average.
- Additional costs: Some of the add-ons are crucial and should have been included in the plan. You might have to pay $400 to $1,100 extra for add-ons.
- Limited Coverage: Realmart only operates in New York and New Jersey. Home sellers from other states cannot benefit from their services.
- No Mobile Application: Realmart does not have a mobile app to help you manage your listing on the go.
Realmart Competitors
» Jump to: Realmart vs. Houzeo | Realmart vs. Beycome | Realmart vs. Congress Realty
1. Realmart vs. Houzeo
Although Realmart charges $395, crucial add-ons make the overall plan expensive. You might have to pay anywhere between $795 and $1,578 to sell your home.
On the other hand, Houzeo offers far better value. Houzeo plans are designed so that sellers do not have to purchase any add-ons. Plus, Houzeo’s mobile app and web technology will make your listing and sale a pleasant experience!
| Realmart | Houzeo | |
|---|---|---|
| Listing Fee | $395 | $399 |
| Customer Rating | 4.3 stars (197 reviews) | 4.9 stars (6,894 reviews) |
| Coverage | 2 States | 47 States + Washington D.C. |
| Showing Management | ✅ | ✅ |
| Offer Management | ❌ | ✅ |
| 100% Online | ❌ | ✅ |
| Mobile App | ❌ | ✅ |
Additionally, Houzeo’s plans with professional services are also better than that of Realmart’s. You have to pay half the commission you pay to Realmart and get better technology.
2. Realmart vs. Beycome
Beycome is a Flat Fee MLS listing service provider. They are known for their affordability. Beycome allows you to list your property on the MLS for just $99.
Beycome also has a $399 package that includes services like pro photography. This is much better than Realmart’s $395 plan. Beycome also has better coverage. They are available in 10 states.
3. Realmart vs. Congress Realty
Congress Realty is an FFM company serving primarily on the West Coast and the South. While Realmart only offers 2 packages for home sellers, Congress Realty Offers 4. So, you have more flexibility to choose.
The FFM package of Congress Realty is better than that of Realmart. Congress allows you to upload maximum photos for $399. With Realmart, you have to pay $100 on top of $399 for this.
Congress is also better for professional services. They offer a package of $399 + 0.5%. This plan includes all the services that are included in Realmart’s professional package with half the commission.
Best Flat Fee Companies Near You
If you reside outside Reamlanrt’s coverage area, here are the top flat fee companies that serve your state.
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.
Should You Use Realmart to Sell Your House?
Realmart’s flat fee plan allows you to save on the listing agent’s commission. Although their upgrades are expensive, you can forgo them and only pay the base fee. However, it’s improbable that you won’t need these add-ons.
We recommend you to list with Houzeo over Realmart. Houzeo’s flat fee plans, you don’t have to purchase add-ons. So, you just pay $399. You get all the essential services like the ability to upload 24 photos and automate paperwork.
And if you want agent support, Houzeo offers better value than Realmart. Realmart’s professional agency plan comes for $695 +1%. Houzeo’s Gold plan comes for $499 +0.5%. This plan offers support in market analysis, contract reviews, and closing. Everything and more than what Realmart offers.
» Houzeo Reviews: Check out why more than 6,500 home sellers have rated Houzeo 4.9 stars out of 5.
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Frequently Asked Questions About Realmart Realty Reviews
What is Realmart?
Realmart Realty is a real estate company that offers Flat Fee MLS services to home sellers. They also offer a plan with the agent's support. You can also list your property on Realmart for rentals. Know more about the services offered by Realmart.
Is Realmart's buyer rebate legit?
Realmart offers a 1.5%-2% buyer rebate. However, the buyers need to search for the home themselves. Realmart's agents come into the picture once buyers have decided on the house they want to purchase.
Does Realmart help sellers with paperwork?
Yes, you can get paperwork assistance if you are willing to pay for a professional plan. This plan comes for $695 +1% at closing with a minimum fee of $3,000. Paperwork assistance is not included in the Flat Fee MLS listing plan.
Is Flat Fee MLS worth it?
Yes, definitely. Flat Fee MLS services like Houzeo and Realmart help you save thousands of dollars otherwise spent as a listing commission.
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