When it comes to selling your property, the high expense of commission fees along with the amount of paperwork can not only be a frustrating experience but a costly affair as well. Some people may opt to avoid the exorbitant fees by selling their house without the assistance of a real estate agent or by working with discount real estate brokers.
In Maine, selling your home without the help of a realtor can save you money on real estate commissions. Traditionally, sellers divided a 6% commission with the buyer’s and listing agents. When you don’t use a listing agent, your fee is lowered in half.
However, there are some disadvantages to savings. You must handle every step of the transaction, including ensuring that your home is listed in the Multiple Listing Service (MLS). Because the MLS provides a source of information for major online property search websites, most home purchasers use it inadvertently to find properties.
The main question is…
Is a flat-fee MLS listing service, however, the best option for you?
It’s but natural to feel lost in the world of searching for the best flat fee MLS Maine has to offer. Nonetheless, If you want to sell your house without using a real estate agent and are searching for the right flat fee MLS company, we’ve already done the homework for you and shortlisted the ones that will make selling / buying your property a hassle-free experience.
Houzeo
Houzeo simplifies the process of selling a property into a series of logical phases and walks sellers through it. Much of what used to be done by filling out papers has been automated, and the company has transitioned to a digital approach where possible.
Listing and marketing a home, pricing a home, filling out federal and state disclosures, locating an attorney or escrow business, comparing offers, and closing the deal are all steps in the process.
The idea is to make selling a home more transparent, simple, and efficient.
Houzeo has cracked the flat fee MLS market, transforming sellers’ expectations of real estate transactions and propelling it to the top of the flat fee MLS brokers list in the United States.
The platform is user-friendly and the procedure is simple, from uploading documents to signing agreements, accepting offers, and connecting with purchasers.
Their in-house search engine provides brokerage services to customers by allowing them to market their properties on a range of MLS local platforms, as well as a variety of interesting packages from which to choose based on your preferences.
You can market your home in a matter of days, and it will only take one to two business days to do so, which is incredible considering that every seller wants to sell their home quickly and for a reasonable price. They also offer outstanding customer service, which promptly responds to your inquiries and keeps you updated on the development of your listing.
The plethora of useful features makes Houzeo unique from the others in the market, making it one of the best flat fee MLS Maine residents should consider when buying or selling their properties.
Landfall Properties
Owned by a reputed broker who has been in the real estate business for over three decades, with Landfall Properties, your home will be listed on more than 90 property search websites. Many sellers have given them 5-star ratings, praising their expertise and sensibility.
They give you unfettered access to potential leads and make it simple to follow up. They distribute your data to many other online real estate marketplaces in addition to listing your home on 90+ websites. Instead of you doing the listing, they will do it for you, saving you time and effort.
Their starter plan is free, and it allows you to list your home on the REALTOR® MLS for 2 months and upload up to 40 images. Their premium package costs anywhere from $499 and upwards.
A cutting-edge Flat Fee MLS listing service with a strong focus on technology, they offer a specialized website, escrow deposit holding services, and other services to make the transaction go more smoothly. However, whether or not you use the buyer’s broker’s services, you’ll have to pay a fee of 2-2.5% to the buyer’s broker. Their premium package will be costly since they will have to pay up to 3% in fees for both the listing and the buyer’s broker.
Discount Realty
Discount Realty is a Flat Fee MLS company based in Maine that claims to be the states’ only listing service. Their most basic plan starts at $299 (for a 6-month MLS listing) and goes up to $499 until the property is sold. Their premium package provides full brokerage services with a commission of up to 3.5%. You only pay a commission to a selling broker if they assist you in locating a buyer. They provide you with efficient resources that you’ll need when selling your property, in addition to listing your services on the top MLS.
Flat Fee Realty
Flat Fee Realty is a flat fee MLS listing service that lists properties on behalf of sellers on the MLS.
They are a cheaper option for homeowners who want to sell their home on For Sale By Owner websites (FSBO) and will help you obtain your listing on the MLS without having to deal with an agent directly.
They only have one $199 Flat Fee MLS Maine listing package that allows for only 6 images to be uploaded. You must pay an extra $50 if you wish to upload more photographs. Not only do they provide a single MLS Maine package, but they also don’t offer any a la carte options.
You must only sell your home using the services they supply, not the services you desire. Added to that, their listing broker will retain 0.1% to 0.25% of the buyer’s broker commission. This is a cost that the home sellers are unaware of.
Sellers who use a Flat Fee Realty service have complete control over the whole sales process, including selecting the list price, conducting house tours, communicating with buyers, and negotiating the conditions of sale.
A flat-fee MLS listing offered by Flat Fee Realty could be beneficial if you are a seasoned seller who is comfortable handling the nitty-gritties of the sale on your own.
BuySelf Realty
Run by a seasoned professional who has been active in the real estate space for a span of 29 years, BuySelf Realty is a Flat Fee MLS listing service based in Minnesota that services Maine and guarantees a typical package for $399. For a period of 12 months, they cover 20 photos on the corresponding MLS listing.
BuySelf Realty is the best alternative for you if you wish to avoid new emerging companies or realtors with little real estate transaction expertise.
They also evaluate the best alternative available and counteroffers on your behalf. One of their major plus points is their customer care representatives who promptly return phone calls and respond to your emails.