If you’re considering selling your Maryland home independently, you might worry about how to connect with the right buyers. Since the multiple listing service (MLS) is reserved for licensed agents, your exposure can be limited without professional help. Luckily, certain companies provide flat fee MLS Maryland services, allowing you to list your home and reach more potential buyers without paying for a full-service real estate agent.
This post digs into the pros and cons of using a flat fee MLS listing service, highlighting companies in Maryland that offer this service, their costs, and offerings. We also provide you with a look into how the process works and give you some alternatives should you want to seek another option for selling your home.
Unsure About Selling FSBO in Maryland?
If you don’t have the time or expertise to list your home FSBO, partner with a trusted, top agent in your Maryland market. We analyze over 27 million transactions and thousands of reviews to find you the best agent for your unique situation.
What is a flat fee MLS listing service in Maryland?
A flat fee MLS service in Maryland provides a valuable tool for homeowners looking to sell their property without a traditional real estate agent. These companies allow FSBO sellers to list their homes on the MLS, a centralized database that promotes properties to a broad network of real estate professionals.
MLS access is usually limited to licensed agents, but flat fee MLS services give homeowners the same visibility. With this access, your home can appear on major real estate sites, dramatically increasing its exposure to potential buyers.
How much does a flat fee MLS service cost in Maryland?
The cost of a flat fee MLS service can vary, with options available for every budget. Basic listings might start as low as $100 or less, making them an affordable choice for homeowners who are prepared to manage most of the selling process themselves.
On the higher end of the spectrum, some services may charge several thousand dollars, but these typically include additional features, such as more comprehensive advertising and extended listing durations.
More expensive packages often provide added value, like a comparative market analysis, which helps sellers set a competitive price by comparing their property with similar homes recently sold in the area.
Flat fee MLS listing companies in Maryland
Cottage Street Realty
Cottage Street Realty has been providing flat fee MLS listing services throughout Maryland for the past 18 years, combining experience with a personalized approach for every client. The company offers various listing plans to suit a variety of real estate needs while maintaining a strong commitment to customer service. Broker support is readily available by phone or email to guide sellers through every step of the process.
Service areas: Throughout Maryland and other areas, namely Virginia and DC
- Basic: $299 for a six-month listing term, up to 50 photos, contracts and disclosures, lead forwarding, and color flyer
- Showcase: $399 for Basic inclusions, lockbox, yard sign, and showing service
- Premium: $799 for Showcase inclusions, market analysis, and contract review
- Full Service: $999 for Premium inclusions, signpost, negotiations, and DocuSign contracts
Cottage Street Realty has been accredited with the Better Business Bureau (BBB) since 2018 and holds an A+ grade. Its Google Business Profile features a perfect 5-star rating, with many clients commending the exceptional support throughout the entire home-selling process.
The team guides sellers through preparation, listing, marketing, and connecting with potential buyers, all while maintaining clear and professional communication with agents. Many appreciate their deep understanding of the local market and ability to address challenges efficiently.
Website: cottagestreetrealty.com
Phone number: 410-849-9493
Save 6
Save 6 has been assisting FSBO homeowners in selling their properties affordably and with confidence. The lead agent brings over 30 years of experience in guiding homeowners through the selling process.
Ensuring quick market exposure for properties, Save 6 allows listings to be posted on the MLS the same day. With a strong track record, 80% of their clients are repeat customers or referrals. The company serves numerous real estate investors who sell multiple properties each year.
Service areas: Throughout Maryland and other states, namely Virginia, and Washington
Listing fee: $399 for the maximum number of listing photos, unlimited updates, forms and disclosures, and broker contract review and consultation
Save 6 earned a perfect average review score of 5 out of 5 stars on Google. Past clients appreciate that the team is available at every step, answering questions promptly and making communication easy.
Many highlight how clearly documents and procedures are explained. Others also note the cost savings compared to traditional methods. Overall, Save 6 is praised for being reliable, helpful, and efficient.
Website: save6.com
Phone: 301-355-6104
Netanel Real Estate
Netanel Real Estate was founded to provide a more transparent and supportive approach to selling homes. Specializing in flat fee MLS listings, the company helps clients navigate the process with clarity and confidence, without the pressure or high costs often associated with traditional real estate. Sellers gain access to fair pricing and professional guidance, while maintaining control over their transactions.
Service areas: Throughout Maryland
- MLS-Only Listing: $380 for MLS entry with syndication to major sites
- Contract Support Only: $1,200 for offer review and counteroffer guidance, contract handling, and one-on-one guidance through closing
- Peace-of-Mind Package: $1,500 for MLS listing and contract support, review of offers, contingencies, and disclosures, and timeline tracking from offer to close
- Full Service Listing: $4,400 (or 0.75% for homes $750,000 and above) for professional photography, marketing materials, showing coordination, expert negotiation, and closing coordination
Netanel Real Estate received plenty of positive online feedback, generating a 5-star rating on Google. Clients share that the team excels at guiding sellers through the process efficiently. They highlight their ability to move quickly and get results, making the experience smooth and straightforward. Many recommend the team to anyone seeking a fast, reliable, and effective real estate service.
Website: netanelrealestate.com
Phone number: 301-775 0175
Net Realty Now
NetRealtyNow.com, LLC is a licensed real estate brokerage founded in 1999 in Virginia. The company provides professional real estate services across its home state, Washington DC, Maryland, and Florida.
Operating in multiple states, it offers buyers and sellers access to local expertise and comprehensive market knowledge. With decades of experience, NetRealtyNow.com helps clients navigate transactions efficiently and confidently.
Service areas: Throughout Maryland and other states, such as Virginia, DC, Florida, and New York
- Plan 1: $299 for a six-month listing term, up to 50 listing photos, unlimited text editing, comparable sales information, lead forwarding, and disclosures
- Plan 2: $399 (+$1,500 at closing) for up to 150 photos and virtual tours, social media marketing, electronic paperwork, and unlimited consulting
Net Realty Now achieved a high A+ BBB grade and a perfect 5-star Google rating, as customers have expressed high satisfaction with their service. They particularly appreciate the efficient and professional guidance the team provided. They recognize the effectiveness and value of having their properties listed on the MLS, emphasizing the benefit of receiving the necessary support for selling their homes.
Website: netrealtynow.com
Phone number: 703-581-8605
Homecoin
Homecoin provides homeowners with an affordable way to list their properties on the MLS. Listings are syndicated to major real estate websites, giving homes broad exposure to potential buyers. With multiple flat fee options available, sellers retain control over key steps such as pricing, scheduling showings, and handling negotiations.
Service areas: Maryland and 20 other states
- Basic: $95 for a 12-month listing term, up to 25 photos, 10 free listing changes, and disclosure forms
- Review: $99 + $95 (MLS listing fee) for Basic inclusions, listing form review, up to 1 hour of live support via phone and screenshare
- Full Service: $299 + $95 (MLS listing fee) for Review inclusions, up to 1.5 hours of live support, kick-off call, and dedicated staff member
Homecoin has received a 4.4-star Google rating, as past clients praise the platform for being easy to use and budget-friendly. Sellers highlight its reliability and straightforward approach, making it a practical choice for managing sales independently, even for those selling multiple homes. Many appreciate the substantial savings compared to traditional listings, while others recommend it as an efficient, cost-effective way to sell a home.
Website: homecoin.com
Phone number: 888-400-2513
How would a Maryland seller benefit from a flat fee MLS service?
A flat fee MLS service in Maryland can significantly reduce the costs traditionally associated with selling a home. It eliminates the listing agent’s commission, which typically ranges from 2.5% to 3% of the home’s sale price, as sellers only pay a predetermined flat fee.
With the landmark NAR settlement that changed commission rules, encouraging buyers to negotiate commissions directly with their agents, sellers can enjoy even greater savings on the overall transaction.
The flat fee MLS service is particularly advantageous in a vibrant market, where a desirable property might attract multiple offers and competitive bids on its own.
A flat fee MLS service is best FSBO sellers who prefer direct involvement in their home sale process. From setting the selling price to handling showings and open houses, this option empowers sellers to take further control, potentially saving money.
If you’re ready for a FSBO sale without a licensed agent, here are just some of the things you’ll be expected to handle on your own:
- Utilize market data to accurately price your home.
- Craft an appealing listing description.
- Market and advertise your property strategically.
- Fulfill all necessary state and federal disclosures.
- Navigate the negotiation process, from offers to finalizing the contract.
- Manage the appraisal and inspection processes.
- Calculate closing costs and net proceeds.
- Handle local transfer taxes.
- Gather necessary documentation.
Pros and cons of using a flat fee MLS listing service
Flat fee MLS services give sellers a way to reach more buyers without paying full agent commissions. Before jumping in, it’s worth weighing the benefits and potential drawbacks:
Pros of using a flat fee MLS listing service
- No listing agent commission: Typically, you would pay a 2.5% to 3% commission to a listing agent. Using a flat fee service removes this cost.
- Self-representation: You manage the sale, presenting a unique opportunity to represent yourself fully.
- Direct oversight: Handle all aspects of the sale from listing to closing, giving you complete control.
- Fixed costs: Pay upfront for the listing service, knowing exactly what it will cost without any hidden fees.
- Wider exposure: Your home gets listed on the MLS and is visible on major third-party websites, increasing exposure to potential buyers.
- Access to traditional buyers: Despite being an FSBO listing, your property still reaches traditional buyers working with agents.
Cons of using a flat fee MLS listing service
- Buyer’s agent commission: Depending on negotiations, you may still need to offer a commission to the buyer’s agent, which reduces your net proceeds.
- Full responsibility: You handle negotiations, issues, and the closing process without professional aid, which can be challenging.
- Self-serve complexity: Without the guidance of a local expert, you navigate the selling process alone, which can be daunting for those without experience.
- Legal risks: Handling the sale yourself can expose you to liability claims usually managed by professional agents.
- Possibly lower selling price: Homes often sell for more when represented by a traditional real estate agent, as they can leverage their expertise and network.
How do I list my home with a flat fee MLS service?
Listing your Maryland home using a flat fee MLS service is a simple process.
Here are the steps to get your FSBO home on the MLS:
Step 1: Vet the flat fee MLS service
Start by researching local flat fee MLS services. Check their packages, rates, and inclusions, such as the amount of information and number of photos you can include, forms provided, and any costs for additional services. See customer reviews, including those on Google and the BBB.
Step 2: Register and select a plan
Visit the flat fee MLS company’s website, create an account, choose the package that suits your needs, and pay the upfront fee online.
Step 3: Enter your property information
Fill in details about your property and upload high-quality photos. Complete and submit any necessary disclosure forms if offered by the service.
Step 4: Read and sign your listing agreement
Carefully review and sign the listing agreement. Verify the details of the contract, such as whether you can cancel without penalties. Additionally, confirm that no listing commission is due.
Step 5: Review your live listing
After processing your listing, it will appear on the local MLS and likely on popular real estate websites like Zillow, Trulia, and Realtor.com. It may take a few days for your listing to show up across all platforms. Once live, check these sites to verify your listing appears correctly and is complete, making adjustments if necessary.
Are flat fee MLS listings effective in Maryland?
In Maryland, flat fee MLS listings are highly effective since most buyers search for homes online. Nearly all home searches rely on local MLS databases to find available properties. Buyers’ agents also use MLS data to locate suitable homes for their clients. Listing your property on the MLS gives it exposure to a wide audience, making it a smart strategy for sellers.
What's Your Maryland Home Worth?
Enter your address and get a preliminary estimate of home’s value in under two minutes.
Alternatives to flat fee MLS services in Maryland
If a flat fee MLS service doesn’t quite suit your needs for selling your Maryland home, consider these alternatives:
Option 1: Flat fee agent
Hire a flat fee real estate agent who offers listing and selling services for a set rate. These can typically range between $3,000 to $5,000, possibly with additional fees for extra services. This is ideal for sellers seeking more control over their sales, but still require some professional support.
Option 2: Discount brokers
Consider using a discount real estate broker, who typically charges less than traditional agents but still offers essential services. Although typically more expensive than flat fee MLS, discount brokers accept a reduced commission, providing a middle ground between full-service agents and self-directed selling.
Option 3: Full-service real estate agent
For comprehensive support, list your home with a top-performing full-service Realtor. A seasoned agent can leverage extensive market knowledge, local networks, and proven sales strategies to optimize your sale outcome, ensuring a smoother transaction with potentially higher returns.
Will I save money with a flat fee MLS listing service?
Using a flat fee MLS listing service in Maryland will save you upfront on commission fees typically paid to a listing agent. However, it’s essential to consider the potential long-term financial impact. According to research by the National Association of Realtors, FSBO homes tend to sell for less than those managed by agents. For instance, while the median selling price for FSBO homes was $380,000, homes sold through agents fetched $435,000.
What if I need to sell my Maryland home fast?
If you need to sell your Maryland home quickly, you might want to look outside the traditional real estate market. One popular option is through companies like “We Buy Houses” or an iBuyer, which purchase your home in a matter of days, regardless of its condition. While these companies can yield a fast sale, the offer will likely be lower than market value. This trade-off can be worth it if you need to sell your home immediately.
Additionally, HomeLight offers Simple Sale, a service designed to expedite the selling process by connecting you with a local agent or providing a direct purchase option. This flexibility lets you choose the path that best suits your timeline and financial goals.
What else should I know about selling a house in Maryland?
When selling a house in Maryland, adhering to local disclosure laws is important. These laws require sellers to be transparent about the condition and history of their property.
Given the complex nature of real estate contracts and disclosures, FSBO sellers are often advised to hire a real estate attorney. This can help avoid potential legal issues post-sale by ensuring all paperwork is accurately completed and compliant.
Here are some additional points to consider when using a flat fee MLS service:
- Upfront payment: Flat fee services require payment upfront, which is not contingent on the sale, unlike commissions for traditional real estate agents.
- Frequent name changes: Some flat fee services may change their names often, which can make it challenging to track their reliability and success rate.
- Direct contact information: Listings typically include the seller’s contact information, placing more responsibility on the seller to manage communications.
- Limited support: Unlike traditional agents, there may not be a dedicated professional to assist you throughout the listing process.
- Non-negotiable fees: While flat fee services charge a fixed rate, traditional real estate agent fees can often be negotiated.
Ready to sell your Maryland home?
Selling your home on your own can feel like a full-time job. You’ll be handling various tasks that an agent usually takes care of, which can be tricky if you’re not familiar with real estate. A flat fee MLS listing service can take some of that weight off your shoulders by offering different levels of support.
Keep in mind, though, it mostly saves on upfront costs. You’ll still need to cover other fees and possibly the buyer’s agent commission. While it can lower agent commission costs, it could also mean a slightly lower final sale price compared to using a traditional agent.
If you’d like professional guidance and support, HomeLight can connect you with a local agent who knows the market and has a track record of results.
Editor’s note: This post is for educational purposes only. Links to and mentions of Maryland area flat fee MLS companies are not endorsements. Moreover, the program details mentioned above may change. Visit the company’s website for the most up-to-date information.
Header Image Source: (serrnovik/ Depositphotos)
English (US) · 