"My listing was in the MLS within hours... I would highly recommend homecoin
as a very smooth, smart, cost effective way to market one's property."
James H. - Dublin, CA
Upload photos, e-sign, and pay.
100% online.
No printing or emailing.
In 24 hours1 your home appears on the local MLS + realtor.com, Zillow, Trulia, Redfin, and more.
Easily add open houses and submit listing changes online.
All for only $95.
"After attempting to sell our home on our own, and then with a full-service agent, we used homecoin.com
and within two weeks we had multiple offers at the price we needed."
Emily and Brian C. - San Diego County, CA
| 12 month MLS listing |
| Cancel for FREE anytime |
| 10 FREE listing changes |
| Unlimited photos on the MLS |
| Listed on Realtor.com, Redfin, Trulia, Zillow, more... |
| Complete and manage 100% online |
| No obligation to buy anything else |
| Protection of our Listing Agreement |
| Offer buyer agents any commission you like |
We guarantee that homecoin is the fastest, safest, and easiest way to list your home on the MLS. If you don't agree, we'll refund you our fee.
No. Some websites get you to list through them and then send the listing to a broker in your area, who then emails you a listing agreement and all the actual MLS forms to complete. We DO NOT do this. On homecoin, you select the agent that completes your listing and you complete all the correct forms and listing agreement on our website. No slow, offline, funny business.
Yes, with homecoin you will always be listed on the same Multiple Listing Service (MLS) that local agents use. We show you up front which MLSs you can list on for a flat fee through our website (there are over 700 MLSs in the US). It is absolutely critical you list on the correct MLS, and some websites will list you on the wrong MLS. We do not accept listings for MLSs that we are not able to get you listed on.
Yes. If you are offering a fair commission through the MLS (typically 2-3%), buyer agents will certainly show your property. Buyer agents only avoid homes that are not offering a commission through the MLS. By using the MLS, you are making a contractual offer to those buyer agents and you can offer them any amount you like.
Yes. It is very important to understand how a flat fee MLS listing works and how much time other websites will take from you. To list on the MLS, a seller needs to complete at least two forms: 1) listing agreement, and 2) the actual listing input form for the MLS.
Other websites will either a) collect generic property information that you provided about your home, have you pay, and then refer you to an agent who will send you the actual listing forms to complete / sign / scan / email, or b) use the information provided to complete the MLS listing, which is a tremendous disservice to you since all MLSs have very different fields to complete and your home will not be as visible if you cannot complete all the actual MLS fields.
Yes, they are extremely common. It is estimated that 20% of real estate sales do not use a commission based listing agent. The US Department of Justice has a large section of its website dedicated to informing consumers how much they can save by doing flat fee (aka fee for service) sales.
The real estate industry would like you to think that the only way to sell a home is by paying a full 6% commission, but that is just not true. Flat fee agents and real estate agents that accept less than 6% commission are the norm. Home sellers can capture tremendous cost savings by understanding just a small amount of how real estate works (such as knowing they can list on the MLS for a flat fee).
For sale by owner (FSBO) means that you are not working with agents whatsoever, in any capacity. Only a real estate agent can list a property for a flat fee on the MLS, so you are technically no longer considered FSBO since you paid the flat fee to have the property listed.
FSBO (not working with agents at all) is typically not successful because nearly 90% of buyers have an agent and that agent will only show your property if you are offering a commission through the MLS. Flat fee MLS solves that problem while still giving the seller a cost savings from not using a commission based listing agent. In addition, the seller may find a buyer who does not have an agent which allows them to effectively pay zero commission (except the original flat fee paid).
The Multiple Listing Service ("MLS") is an agent-only database where agents list
the properties that they have for sale. A commission can be offered in the
MLS to agents for producing the buyer.
There are over 700 different MLSs in the United States. It is
CRITICAL that your home is listed on your local MLS.
1. The MLS enables a seller to offer a commission to buyers agents. Agents will NOT go to
homes where a commission is not offered.
2. The MLS pushes home info to websites such as Realtor.com,
Redfin, Zillow, Trulia, major brokerage sites, plus many others.
Simply put, when a seller pays a 6% commission to sell their home, half (3%) goes to the listing
agent and half (3%) goes to the buyers agent.
When you offer a commission on the MLS, that offer is only for the agents who are members of that MLS. That is why you want to
list on the LOCAL MLS, so you can attract local agents.
| Listing Agent | Buyer Agent | Total Cost | |
|---|---|---|---|
| Full Service Listing | $12,000 | $12,000 | $24,000 |
| Flat Fee Listing | $95 1 | $0 - 12,000 2 | $95 - 12,095 2 |
In a "Flat Fee" listing, the seller pays an upfront fee (no commission) for an agent to list a home on the MLS.
The seller can still offer a commission to buyer agents.
1 Prices vary by MLS.
2 No commission paid if buyer does not have an agent.
Not all websites that list you on the MLS are the same.
Every MLS’s listing forms are very different. We take each MLSs forms and enable them to be completed online so you can get your listing done fast.
Other sites ask for info that is not from the local MLS listing form. Once you submit your order to them, you will still need to fill out the actual MLS forms. Why are they wasting your time?
Once you select the MLS and Agent you want, you can complete all the forms online. E-signature and uploading photos as well.
Other sites take your order and then have an agent email you with the forms to fill out - better warm up the printer and scanner now...
Agents on homecoin.com are required to use our listing agreement, which is setup to protect home sellers from any funny business. You can rest assured we are looking out for your best interests.
Other sites let agents use decide on the listing agreement to use. How can you be sure that the agreement protects you? Better get out the reading glasses and call for legal help...
Neither do we.
The agent that lists your home on the MLS rarely finds the buyer.
They just wait for another agent to come along with a buyer and let
them collect a commission that you pay.
You took all the risk in
buying a home, why would you throw away your money by paying a fat
commission to an agent, just for listing your home on the MLS?
"Consumers can save thousands of dollars in commissions (with a Flat Fee MLS listing)."
"It's way too easy to sell a home. homecoin is the future of home selling."
"I can see in my business that flat fee real estate is the way things are going to go."
Price your home right - includes reports on similar recently sold homes, market trends, and much more...
Get a free Quanitarium Valuation Report, which is 40% to 95% more accurate than other AVMs.
Studies show you make more money and sell faster with pro photos. Order direct through homecoin.
Don't risk the safety of your family & home with a combo box. Rent the industry standard electronic lockbox.
List your FSBO home on the local MLS for a low, flat fee. 100% online. On the MLS in 24 hours w/ unlimited photos.
Create a free listing on the homecoin website. We'll provide a short URL that you can use on marketing materials.
