If you're selling your home for sale by owner (FSBO) in Tennessee, hiring a flat-fee MLS service can help you increase your listing's visibility without breaking the bank.
The average commission rate for full-service listing agents in the The Volunteer State is approximately 3%. Based on the median sale price for Tennessee homes, as of November 2019, that translates to about $7,560.
In contrast, typical rates for flat-fee MLS companies in Tennessee are in the $89 to $999 range. The most basic plans can be as low as $50 to $99, while more comprehensive services range upwards of $1,000 to $3,000.
It's important to remember that every Tennessee flat-fee MLS service is different. When evaluating offerings, be sure to read the fine print: look at things like the length of the listing term (and how much it costs to extend); whether there's a fee to make changes to your listing; how many photos are allowed; the policy on buyer's agent commission; and more.
>> LEARN more about flat-fee MLS services and how to evaluate them.
To help you make the right choice, Clever has picked some of the top flat-fee MLS services across the state of Tennessee.
Top Tennessee Flat-Fee MLS Companies in 2020
List With Freedom
List With FreedomPrice Range
$89-295
Number of Photos
1 to max allowed on MLS
Listing Term
6-12 months
- List With Freedom is a flat-fee MLS listing brokerage licensed in Alabama, Florida, Mississippi, North Carolina, South Carolina, and Tennessee
- Set your own buyer’s commission (List With Freedom recommends 2.5% to 3%)
- Listing is typically live on MLS within 24 hours of approval
- All buyer inquiries are forwarded to you
- Free unlimited listing changes
- Offers a range of additional, a-la-carte services, including professional comparative market analysis (CMA), contract preparation, transaction management services, yard signs, lockboxes, and more
- 14-day refund period BEFORE listing goes live with a $50 fee
- Cancel live listings at any time with no fee
$89 - Silver
| $195 - Platinum
|
Pros
- Make unlimited changes to your listing at no additional cost
- No cancellation fee
- All buyer inquiries are directly forwarded to you
Cons
- Only 1 photo included in base package
- No built-in pricing support or home valuation
As of August 17, 2020, List With Freedom has an average rating of 4.7/5 based on 762 reviews on Trustpilot.
Martin Properties
Martin PropertiesPrice Range
$99-395
Number of Photos
10-30
Listing Term
3-6 months
- Martin Properties is a licensed real estate brokerage in Tennessee that specializes in flat-fee MLS listings
- Direct telephone access to broker for advice
- Set your own buyer’s commission
- Cancel anytime for free
- Listing is active within 24-48 hours after submitting necessary paperwork
- Additional a-la-carte options include videos, photo captions, a 26-week action plan, and signs
$99 - By Owner MLS Basic package
| $179 - By Owner Basic Plus package
|
Additional broker assistance for selling help, advice, offer reviews, etc. is available for $395
Pros
- Direct telephone access to broker for advice (advice may be limited by level of service)
- Cancel anytime
- Buyer leads are forwarded to you
- Free listing changes
Cons
- Additional broker advice lives behind a paywall
- No built-in home valuation or pricing support
As of August 17, 2020, Martin Properties has an average rating of 4.5/5 based on 13 reviews across Google and Facebook.
ResultsMLS
ResultsMLSPrice Range
$379-999
Number of Photos
10-max allowed
Listing Term
6-12 months
- ResultsMLS is a licensed, Tennessee real estate brokerage that specializes in flat-fee MLS listing services
- Provides contracts, addendums, and disclosures (downloads)
- Built-in comparative market analysis (CMA)
- Money-back guarantee
- Professional photography, contract review, negotiation support, and open houses are available for an additional fee
- Listing is live within 48 hours after the completion of necessary paperwork
- Price changes are free, but changes to description or photos are $25 each
- Cancel any time (no refunds)
$379 - Silver Basic Package
| $499 - Gold Showcase Package
$999 - Platinum Package
|
Pros
- Buyer leads contact you directly
- Showing service access
- CMA available upon request
- Includes yard sign, flyers, and lockbox
- Money-back guarantee — but only if you hire one of ResultsMLS’s local, full-service partner agents instead
Cons
- Minimum fee is $600 if you cancel Platinum package early
- No built-in contract/paperwork review or support
As of August 11, 2020, ResultsMLS has an average rating of 4.5/5 based on 14 reviews on Yelp.
Tennessee Flat Fee MLS
Tennessee Flat Fee MLSPrice Range
$99-179
Number of Photos
6-25
Listing Term
6-12 months
- Tennessee Flat Fee MLS is a local affiliate of Brokerless, a nationwide, flat-fee referral service that connects sellers with local brokers
- Set your own buyer’s agent commission
- Free status changes and access to listing
- No built-in home valuation or pricing consultation
- Listing is live within 24-48 hours of submission of all necessary paperwork
- No additional fees at closing
$99 - MLS By Owner
- 6-month listing on the MLS
- 6-month premium listing on Realtor.com
- 6 photos
- Listing syndicated to Zillow, Trulia, MSN, and more
- Set your own buyer’s agent commission
- Provides state required forms and disclosures (downloads)
- Free status changes
- Buyer leads are forwarded to you
$129 - Premium MLS
- Same as Basic package, plus:
- 25 photos
$179 - Premium Plus MLS
- Same as Premium package, plus:
- 12-month listing on the MLS
Pros
- Free status changes
- Buyer leads are forwarded to you
- Includes premium listing on Realtor.com
Cons
- No listing options beyond 6 months
- No home valuation or pricing consultation available
- FSBO signs are not permitted on MLS listed property
As of August 10, 2020, Tennessee Flat Fee MLS does not have any independent third party reviews. However, parent company Brokerless has an A+ rating on the Better Business Bureau.
National Flat-Fee MLS Services & Brokers Operating in Tennessee
Houzeo
HouzeoPrice Range
$225-399
Number of Photos
6 to max allowed
Listing Term
3 months to Until Sold
- Houzeo is a flat-fee MLS referral service that connects you with Tennessee brokers and agents who will list your home on your local MLS for a pre-negotiated rate
- Draft your listing, upload photos, set your price, and sign MLS contracts via Houzeo’s online dashboard
- Autofills listing details using publicly available info about your home to expedite the listing process
- Home valuation not included in service
- Does not require that you offer buyer’s agent commission
- Listing is typically live within 24 hours of submission
$225 - Bronze
| $399 - Gold
|
Pros
- Free cancellation anytime (no refunds)
- Freedom to specify any buyer’s agent commission
- Listings typically go live within 24 hours
Cons
- Limited coverage in rural areas
- “Free changes” only apply to listing price, status, and property description; $10 for additional changes
As of August 10, 2020, Houzeo has an average rating of 4.8/5 based on 21 reviews on Google.
Alternatives to Flat-Fee MLS in Tennessee
The Tennessee real estate market is increasing rapidly. According to Zillow, the median home value rose 5.6% over the past year and is expected to see an increase of 4.6% in 2020. To realize your home's full value (or ideally more), it's important to weigh all of your options for selling before making a final decision.
- Flat-Fee Real Estate Agents
- Discount Real Estate Agents
- Low-Commission Real Estate Agents
- 1% Commission Real Estate Agents
- Sell to an iBuyer