7 Flat Fee MLS Companies in Wisconsin to Sell Your FSBO Home
If you’re trying to sell your home in Wisconsin, costs are probably weighing on your mind. You may be thinking about whether to use a real estate agent to sell your Wisconsin home or go the FSBO (for sale by owner) route and use a Wisconsin flat fee MLS company.
Of course, a licensed real estate agent will automatically list your home on the multiple listing service (MLS), but what if you don’t want to commit to a full-service real estate agent? In that case, a flat fee MLS company may be worth considering for your Wisconsin home sale.
Read on to learn more about these companies — and whether working with one of them makes sense for your FSBO Wisconsin home sale.
Disclaimer: This post is for educational purposes. Links and mentions of Wisconsin flat fee MLS companies in this post do not constitute endorsements.
What is a flat fee MLS listing service?
Listing your house on the MLS is a vital step if you want to sell your home effectively. The MLS is a database that real estate agents use to help both buyers and sellers make a home transaction. As a seller, it’s important for your home to appear on the MLS because buyers’ agents rely on the MLS to find homes for their clients. What’s more, the MLS populates most of the major home search websites.
In fact, a Bright MLS study found that 84% of all house sales happened through an MLS during the last four years.
Although normally only licensed real estate agents can access and post listings on a local MLS, there are a number of different services in Wisconsin and other states that provide MLS services for a flat fee. Flat fee MLS services are designed to accommodate for sale by owner (FSBO) sellers and get your home included on the MLS.
“I believe the reason that people use flat fee MLS services is so that they don’t have to pay as much of a commission as they would if the listing agent did the work,” explains Monique Simmons, a top-selling agent in Milwaukee who completes nearly 48% more home sales than the average area agent. “They still want the property to be out there for people to see it in more places than just on ForSaleByOwner.com or something like that, so they’ll use an agent to do a flat fee just to put it in the MLS so it gets syndicated out to more places.”
How much does a flat fee MLS service cost in Wisconsin?
The price of flat fee MLS services can vary depending on the company and level of attention you choose. Oftentimes, flat fee MLS companies offer different tiers of service for different prices. Some companies offer higher-priced packages for features like yard signs or lock boxes. They may also provide more involved services, such as marketing, photography, or help from a designated broker. Overall, most flat fee MLS services in Wisconsin range from around $299 to $2,500.
Flat fee MLS listing companies in Wisconsin
It’s important to understand that not all flat fee MLS companies provide the same services. It’s a good idea to examine each MLS provider’s options and make sure the service fits your personal selling situation before you commit. Some flat fee MLS providers may also deliver more or less hands-on service, depending on whether they’re a local, regional, or national company.
Note: Individual program details can change — please visit a provider’s website for the most current information on rate packages, fees, service areas, and more. HomeLight always recommends doing your own research to determine which selling option is best for your situation.
