6 Top Flat Fee MLS Companies in Colorado
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Joseph Gordon EditorJoseph Gordon is an Editor with HomeLight. He has several years of experience reporting on the commercial real estate and insurance industries.
If you’re selling your Colorado home without a Realtor, getting your property on the multiple listing service (MLS) is the key to reaching more buyers. The catch is, only licensed agents can list there. Fortunately, a flat fee MLS Colorado service gives you a way to get your home listed on this property marketplace.
With this option, For Sale By Owner (FSBO) sellers pay a simple one-time fee, put their property in front of more buyers, and still keep full control of the sale. This post outlines the advantages and drawbacks of choosing a flat fee MLS service in Colorado, highlights available providers, explains how these services function, and offers insight into potential costs.
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What is a flat fee MLS listing service in Colorado?
A flat fee listing service is a tailored solution for homeowners who sell their properties via the FSBO route. This service enables them to list on the local MLS without the intervention of a traditional real estate agent.
The MLS is a central platform where all the homes for sale are listed, making it easy for real estate professionals to find and share property details. By using a flat fee MLS service, FSBO sellers in Colorado can get their home seen on major real estate sites, since most pull their listings directly from the MLS.
This direct access to the MLS bypasses the need for a licensed real estate professional to post listings, so your home gets maximum exposure, potentially speeding up the sale process and saving on agent commissions.
How much does a flat fee MLS service cost in Colorado?
The cost of a flat fee MLS service in Colorado can range significantly based on the provider, with some prices starting as low as $100 or even less, while others may climb into the thousands.
Typically, the more expensive plans come packed with additional features or extras, offering more comprehensive support for sellers. One of the common add-ons is a comparative market analysis, a report that helps sellers price their homes competitively in the Colorado market.
As we move to the next section, we’ll explore a selection of flat fee MLS companies available to Colorado home sellers, detailing the services and pricing options they offer to help you make an informed decision.
Flat fee MLS listing companies in Colorado
Colorado Realty 4 Less
Colorado Realty 4 Less lists homes on local MLS systems across Colorado for a flat fee, with no hidden charges. The team ensures broad exposure by including listings on major third-party platforms such as Realtor.com, Homes.com, Trulia, Redfin, and Zillow. Sellers retain control over pricing, showings, and negotiations while benefiting from professional MLS access.
Service areas: Throughout Colorado, including Aspen, Boulder, Colorado Springs, Grand Junction, Lafayette, and Westminster
Listing fee: $2,000 to $10,000 (depending on the property’s price) for third-party listing exposure, contracts and disclosure, open house support, social media exposure, pricing guidance, and automated showing service
Earning the loyalty of its customers, Colorado Realty 4 Less achieved 4.9 out of 5 stars on Google. Reviewers share that the team was helpful and responsive, keeping them informed throughout the sales process and setting clear expectations.
Some commend the staff’s negotiation expertise, as they were able to receive knowledgeable guidance and thoughtful suggestions that protected both buyers and sellers. Many recommend the company for its professionalism and ability to ensure smooth, fair deals on either side of a transaction.
Website: coloradorealty4less.com
Phone number: 970-531-7448
Pro Flat Fee Realty Colorado
Pro Flat Fee Realty, founded in 2015, helps homeowners list their homes on the MLS without the cost of a full-service agent. It provides responsive support, typically answering texts, calls, and emails within an hour. The team establishes accurate pricing upfront to help sellers maximize proceeds and minimize time on the market.
As skilled negotiators, they focus on securing the best possible terms for every client. The company offers specialized services for luxury properties, including aerial and twilight photography, 3D virtual walkthroughs, and virtual staging.
Service areas: Throughout Colorado
Listing fee: $3,900 for professional photography, social media marketing, virtual brochure sign, open house advertisement, and lock box
With various positive customer testimonials, Pro Flat Fee Realty earned a 4.9-star rating on Google. Past sellers say the company delivers outstanding service while offering some of the best pricing. Some report how the savings compared to traditional realtors are significant, without sacrificing quality or professionalism. Others note smooth transactions and strong support, with several recommending the service to friends and planning to use it again themselves.
Website: proflatfee.com
Phone number: 719-602-3100
Flat Rate Realty Group
Flat Rate Realty Group provides sellers with essential MLS exposure while eliminating the high costs of traditional Realtor commissions. A dedicated team of real estate professionals in Colorado Springs works diligently to guide clients through every step of the transaction.
The company charges no upfront fees, ensuring accessibility for all sellers. Compensation occurs only upon a successful closing, aligning the team’s interests directly with client success.
Service areas: Colorado Springs and the surrounding areas
Listing fee: $3,300 for a 90-day listing contract, custom signage, comparable market analysis, yard sign, virtual reality tours, lockbox, professional photography, and open house tours
Flat Rate Realty Group earned 5 out of 5 stars on Google. Past sellers praise the team for its honesty, expertise, and genuine care in every transaction. Some highlight their market knowledge and thorough approach, noting how smooth both buying and selling processes have been over the years. Repeat clients emphasize the trust they’ve built, recommending the company to anyone looking for reliable real estate support.
Website: flatraterealtygroup.com
Phone number: 719-283-9098
Home Savings Realty
Home Savings Realty provides homeowners with professional real estate services while helping them save on traditional commissions. The team lists properties on the local MLS and major third-party platforms, ensuring maximum visibility to potential buyers. Sellers retain control over pricing, showings, and negotiations, while receiving expert guidance throughout the process.
Service areas: Serves Colorado and surrounding areas
Listing fee: $549 for three months or $600 until sold (+0.25% at closing), professional photography, brochure, lock box, and referrals to inspectors, appraisers, and title companies
Prioritizing excellent customer care, Home Savings Realty achieved a 4.7-star rating on Google. Clients say that this company delivers exceptional service at a competitive rate, making the home-selling process smooth from start to finish. Many emphasize how the team managed listings, showings, multiple offers, and inspection-related repairs with professionalism and efficiency.
Website: homesavingsrealty.net
Phone number: 970-691-8429
The Resource Group, LLC
Since 1998, The Resource Group has been providing a cost-effective alternative to traditional real estate services, allowing sellers to list their homes professionally while saving on commissions. The team ensures properties receive broad exposure through the MLS and leading real estate websites. With years of industry experience, the company helps sellers navigate the complexities of the real estate market efficiently.
Service areas: Throughout Colorado
Listing fee: $399 (+0.5% at closing) for disclosure forms and contracts, comparative market analysis, showing service, negotiations, and call management
The Resource Group achieved a perfect review score of 5 out of 5 stars on Google. The team is praised for easing pre-listing concerns, answering questions thoroughly, and guiding sellers step by step with professionalism and care.
Many recognize how organized the process was, from scheduling showings with helpful tools to explaining paperwork clearly. Sellers also appreciate the knowledgeable advice during offers and negotiations, noting that the team stayed attentive and involved throughout.
Website: hybridmlslistings.com
Phone number: 303-995-4742
Flat Fee Group
Flat Fee Group operates as a nationwide network of licensed real estate agents and brokers offering flat fee MLS services throughout the United States. Each agent adheres to their state’s real estate regulations, providing clients with expert guidance and full compliance.
Having listed and sold thousands of properties, the team applies extensive market knowledge to every real estate deal. Their approach emphasizes efficiency, transparency, and cost-effectiveness, helping sellers keep more of their home’s equity.
Service areas: Nationwide, including Colorado
- Showcase: $399 for a six-month listing term, up to 32 listing photos, contract review and offer advice, contracts and disclosures, and agent-assisted negotiations
- Premium: $549 for Showcase inclusions, Realtor sized sign with frame, and market analysis
The customer feedback on the company’s website highlights Flat Fee Group’s service as straightforward and cost-effective. Many report a smooth, stress-free process, as others point out that the company consistently delivers on its promises, which builds trust and confidence. Some mention they’d gladly recommend the service to friends and plan to use it again, describing it as dependable.
Website: flatfeegroup.com
Phone: 303-995-4742
How would a Colorado seller benefit from a flat fee MLS service?
A flat fee MLS service in Colorado can be a smart choice if you want to save money and take more control of your home sale. Instead of paying the typical 5% to 6% agent commission, you pay a single flat listing fee to get your property on the MLS.
With this approach, you can avoid the listing agent’s commission. And, thanks to recent commission changes from the NAR settlement, buyers are now encouraged to negotiate their agent’s commission directly, potentially reducing your overall costs as a seller even further.
Furthermore, if you prefer a hands-on approach to selling your home, desire to bypass working with a listing agent, or have the time and energy to dedicate to the selling process, a flat fee MLS listing might be the right path for you.
However, this route requires handling various tasks traditionally managed by agents:
- Using market data to determine the right selling price.
- Crafting a compelling listing description that attracts buyers.
- Take professional-grade photos of your property.
- Promoting your home effectively in the market.
- Making the necessary disclosures.
- Coordinating showings and open houses.
- Reviewing offers and making counteroffers.
- Negotiating the sales price and the terms of the contract.
- Calculating your closing costs and net proceeds.
- Navigating the appraisal and inspection processes.
- Handling transfer taxes and gathering the required documentation.
Pros and cons of using a flat fee MLS listing service
Pros of using a flat fee MLS listing service:
- Commission saving: Avoid paying the listing agent’s commission, which is typically between 2.5% to 3%.
- Greater autonomy: Represent yourself and maintain control over all aspects of the sale process from beginning to end.
- Transparent costs: Pay a known, upfront cost for the listing service without any hidden fees.
- Increased exposure: Ensure your home is listed on the MLS and various third-party websites, boosting your property’s visibility to potential buyers and their agents.
Cons of using a flat fee MLS listing service:
- Buyer’s agent commission: You may still need to cover the buyer’s agent commission, which adds to the cost of selling your home.
- Self-managed transaction:You’ll need to handle all aspects of the sale, which requires a lot of time and effort.
- Potential legal risks: Taking on the sale yourself may increase the risk of liability claims and other legal challenges that could delay or jeopardize the deal.
- Possibly lower sale price: Homes sold without a traditional real estate agent often fetch a lower selling price than those sold with professional representation.
How do I list my home with a flat fee MLS service?
- Step 1: Research the service
Start by thoroughly researching local flat fee MLS services, comparing their packages, rates, and reviews. Understand the specifics of what each package offers, such as the number of photos you can upload, the extent of property details you can list, any free forms provided, and the cost of potential add-ons. In addition, look at customer feedback on Google Reviews and other third-party websites.
- Step 2: Sign up and choose a package
Explore the website of the flat fee MLS service you’ve chosen, complete the registration process, select the most suitable package for your needs, and pay the required fee online.
- Step 3: Submit your property details
Detail your property information and upload high-quality photos. If available, complete and upload any necessary disclosure forms provided by the service.
- Step 4: Finalize your listing agreement
Carefully read through and sign the listing agreement. Pay special attention to cancellation policies to ensure you’re not locked in without recourse and verify that you won’t be liable for a listing commission upon cancellation.
- Step 5: Check your listing once live
After submitting your listing, the service will publish it to the local MLS, and from there, it will be disseminated to other real estate platforms like Zillow, Trulia, and Realtor.com. This process might take a few days, so once it’s live, review your listing on these sites to ensure accuracy and completeness.
Are flat fee MLS listings effective in Colorado?
Flat fee MLS listings in Colorado leverage the power of the internet, a tool used by virtually all homebuyers in their search for new homes. Since most online listing tools source their data from local MLS databases, listing your home on the MLS increases its visibility to potential buyers and buyers’ agents, making it a highly effective marketing strategy.
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Alternatives to flat fee MLS services in Colorado
- Flat fee real estate agent: Consider a flat fee real estate agent for a blend of control and professional guidance in your home sale, with services provided for a fixed rate.
- Discount brokers: For slightly more cost than flat fee services but less than full commission, discount real estate brokers offer basic services at a reduced commission.
- Full-service experienced real estate agent: A full-service Realtor can provide comprehensive, dedicated services and leverage extensive market knowledge and connections for the best sale outcome.
Will I save money with a flat fee MLS listing service?
While choosing a flat fee MLS listing service may reduce commission fees, it’s crucial to consider the potential long-term implications. According to research by the National Association of Realtors, FSBO homes typically sell for less than homes sold by agents.
The median selling price for FSBO properties was $380,000, compared to $435,000 for agent-assisted sales. Therefore, while a flat fee MLS can offer an effective selling tool, it’s essential to weigh the potential for lower overall profit when selling your home FSBO.
What if I need to sell my Colorado home fast
If you need to sell your Colorado home quickly, consider options like working with a We Buy Houses company or an iBuyer. These firms specialize in purchasing homes in almost any condition and can often close within days. While you may receive less than market value for your home, these options provide a fast solution when time is of the essence.
HomeLight also offers Simple Sale, a service designed to expedite the selling process or connect you with a local agent for additional options. This can be a valuable resource for homeowners seeking a swift sale without sacrificing their financial interests.
What else should I know about selling a house in Colorado?
Adhering to local disclosure laws is vital when selling a house FSBO. While using flat fee MLS listing services offers flexibility, FSBO sellers may benefit from hiring a real estate attorney to handle the complexities of contracts and disclosures, mitigating potential legal issues post-sale.
Key points to remember:
- Unlike traditional agents whose fees are contingent on the sale, flat fee services require upfront payment, irrespective of the sale outcome.
- Some services may undergo frequent name changes, complicating the tracking of their success rate.
- These services often include the seller’s contact information directly in the listing, shifting more communication responsibilities to the seller.
- Unlike traditional agents, there may not be a dedicated individual to assist sellers through the listing service.
- While flat fee services charge a fixed rate, traditional agent fees are negotiable.
Ready to sell your Colorado home?
Selling a house is akin to taking on another full-time job. With a traditional real estate agent, sellers gain a knowledgeable partner focused on selling their property. Conversely, FSBO sellers must tackle many responsibilities typically handled by an agent. This can be daunting, especially for those with existing full-time commitments and limited knowledge of the real estate process.
Using a flat fee MLS listing service can ease some of these challenges, offering varying levels of support depending on the package chosen. Yet, choosing a flat fee service to cut costs on agent commissions may not always be wise. Sellers often still need to cover the buyer’s agent commission and MLS service fees, and might end up selling their property for less than if they had engaged a traditional agent.
If you’re ready to sell your Colorado home, HomeLight can connect you with a local agent in your area who can provide the expertise and support you need. Whether you choose traditional representation or explore alternative methods, having a trusted professional by your side can ensure a smoother and more successful selling experience.
Editor’s note: This post is for educational purposes only. Links to and mentions of Colorado 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: (Debora Delaney / Pixabay)
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