The standard commission rate for Michigan home sellers is 6%, split equally between the buyer’s and seller’s agents. You might sell your house without a real estate agent to avoid paying the 3% listing commission.
What is a flat-fee MLS company?
Sellers who choose not to work with a real estate agent use a flat-fee MLS service. Although the service costs far less than the commission you would pay an agent, it does not deliver the majority of the help an agent would.
How much do Michigan flat-fee MLS services cost?
A flat-fee MLS listing in Michigan typically costs between $300 and $400. However, we’ve seen more complete services costing up to $1,500 and simple programs costing as little as $250.
What are the Factors to consider when choosing a Michigan flat-fee MLS?
The Factors to consider when choosing a Michigan flat-fee MLS are as follows:
- Look for the website that promotes your property listing the most.
- Look for the website that offers the best value for the money regarding fees.
- Check which website gives you the greatest control over your MLS listing and allows you to provide a buyer’s agent commission.
Information on selling homes in Michigan
Provide a Michigan disclosure statement
A disclosure statement, which describes the state of the property, is a crucial document. In Michigan, the seller must disclose any flaws in the property that reduce its worth before listing it for sale.
Michigan closing costs for sellers
When you sell a property in Michigan, seller closing fees will typically total 1.0% of the ultimate sale price of your home. Each state also imposes its own unique set of taxes.
FSBO in Michigan
Use the Flat Fee MLS Michigan listing services to list your home if you wish to sell a house for sale by an owner in Michigan. In this manner, expensive realtor commissions are avoided. When selling your home on your own in Michigan or another state, there are a few crucial considerations that you must make. Decluttering, repairs, staging, and marketing are among them.
List of top 7 Flat Fee MLS Companies in Michigan!
Although flat fee MLS services range in cost and quality, they are always significantly less expensive than the customary 3% commission you would pay a listing agent. Here are seven of Michigan’s best flat-fee MLS services that may assist you in listing your property at a competitive price.
-
Houzeo
There are a lot of 5-star reviews for Houzeo. It provides the optimal fusion of substantial financial savings, 5-star customer service, cutting-edge technology, and listing exposure.
- Nationwide coverage
- Listings are syndicated to countless other websites, including Zillow, Realtor.com, Trulia, and Redfin.
- Shortlisting
- Fewer commissions
- 100% online, including quick updates, simple listings, online showings, and online offers
-
The Flat Fee Pros
The Flat Fee Pros provide the advice and direction required to sell your property for the top price and have more than 50 years of combined experience. In addition, if you choose one of The Flat Fee Pros’ enhanced packages that include broker assistance, you can rely on their first-rate support. Agents running this Michigan-based firm have decades of combined experience. Best for novice sellers who require additional direction
- Most packages are available; each listing bundle includes a key lock box and yard sign. Most businesses charge you more for those.
- With affordable pricing support, you will receive a comparative market analysis to assist you in setting the price of your house with every package save the Basic listing.
-
Kermath Realty
Former sellers have given Kermath Realty favorable feedback. Customers praise Jeff Kermath, the business’s owner, for his responsiveness and for the comprehensive support he offered. Prices range from $299 to $1299. It works best for seasoned sellers seeking a detailed MLS listing.
- Each listing includes a color flier you can print and hand out at open houses or stick on your yard sign.
- If you select the Deluxe listing option, you will get a key lock box and access to the scheduling tool used by agents, ShowingTime.
-
Modern Way Realty
Due to the lengthy listing period, the flexibility to promote your home, and the availability of free listing-period adjustments, Modern Way Realty is the best alternative for properties that are difficult to sell. Packages start from $395 to $695. Best for sellers who anticipate it taking longer than six months to sell their house.
- The standard listing term is one year.
- You won’t have to worry about mailing, faxing, or hand-delivering your documents to the agent because you’ll receive and sign everything digitally.
- Online offers and showing requests can both be made by buyers.
-
Flat Fee Realty
Flat Fee Realty is an excellent choice if having a budget-friendly strategy is important to you. Best for sellers that need a thorough, affordable listing but are on a restricted budget.
- Additionally, there is a 30-day money-back guarantee and free cancellation at any time.
- Your ad has all the required state seller disclosures.
- Instead of the customary six photos, you can pay a little more to upload up to 25 photos on the MLS.
-
FSBO.com
One of the few FSBO websites that will also get you listed on Redfin is the well-known FSBO.com.
- You can upload 1 video in the basic $99 package.
- No extra costs.
-
Homecoin
Homecoin is a Flat-Fee MLS platform focused on technology founded in San Diego, California, and is currently available in 9 other states. Homecoin’s “cheap” FSBO listings entice house sellers. They offer a cumbersome web dashboard that deepens the complexity of FSBO listing procedures.
- Homecoin provides 1 MLS listing package for a flat fee of $95.
- 100% of FSBO listings are online
Conclusion
In Michigan, a few additional smaller flat fee MLS companies concentrate on particular cities. Compared to the main players, these ultra-local companies are more likely to offer service packages that can be customized and in-depth local knowledge. There are different flat-fee MLS services in Michigan. Always read the fine print to ensure you’re getting a fair deal when evaluating offers.
