The Multiple Listing Service (MLS) is a database of homes for sale shared by real estate agents. When you list your home on the MLS, it is exposed to a large pool of potential buyers, both through real estate agents and through websites like Realtor.com and Zillow.

The cost to list a house on the MLS varies depending on many factors, including the location of the home, the price of the home, and the services that you choose to include.

Cost of Listing with a Traditional Realtor

If you choose to list your home with a traditional Realtor, they will typically charge a commission of 2.5-3% of the sale price of your home. This commission is split between the listing agent and the buyer's agent.

For example, if your home sells for $300,000, you would pay your Realtor a commission of $7,500-$9,000.

Cost of Listing with a Low-Commission Broker

Many low-commission brokers charge a lower commission rate, typically 1-2% of the sale price of your home.

For example, if your home sells for $300,000, you would pay a low-commission broker a commission of $3,000-$6,000.

Cost of Listing with a Flat Fee MLS Listing Service

If you are willing to do some of the work yourself, you can also list your home on the MLS for a flat fee of around $300-$400. This option is typically the most affordable, but it is important to note that you must be responsible for things like taking photos of your home, writing a listing description, and scheduling showings.

▶️How Much Does It Cost To List A House On MLS: To learn more about the costs, check out here. 

List on MLS With Houzeo

Houzeo is a flat-fee MLS listing service that helps homeowners sell their homes without a realtor. Houzeo charges a flat fee of $399 to list your home on the MLS.

Houzeo has received mixed reviews from homeowners. Some homeowners have praised Houzeo for helping them save money on the commission and for making selling their homes easy. Other homeowners have complained that Houzeo's customer service is poor and that they had difficulty getting their homes sold.

Overall, Houzeo is a viable option for homeowners who are trying to save money on the commission and who are comfortable selling their homes without a realtor. However, it is important to read Houzeo reviews before you decide whether or not to use their service.

▶️ Houzeo Reviews: Check out the reviews before making a decision.

Additional Costs

In addition to the cost of listing your home on the MLS, there are a few other costs that you may need to factor in, such as:

  • Professional photography: It is important to have high-quality photos of your home in your listing. You can either hire a professional photographer or take the photos yourself.
  • Staging: Staging your home can help it to sell more quickly. You can hire a professional stager or stage your home yourself.
  • Repairs and maintenance: Before you list your home, you must make any necessary repairs and maintenance updates.
  • Closing costs: When your home sells, you will need to pay closing costs, typically around 2-5% of the sale price of your home.

Total Cost of Selling Your Home

The total cost of selling your home will vary depending on the abovementioned factors. However, here is a general estimate of the costs that you may expect to incur:

  • MLS listing fee: $300-$900
  • Realtor commission: 2.5-3% of the sale price of your home
  • Professional photography: $200-$500
  • Staging: $500-$2,000
  • Repairs and maintenance: $1,000-$5,000
  • Closing costs: 2-5% of the sale price of your home

Should I Sell My House Now?

There are a few factors to consider when deciding whether or not to sell your house now.

  • The Current Market

The housing market is cyclical, meaning that there are times when it is more favorable to sell and times when it is more favorable to buy. If you are considering selling your house, it is important to research the current market conditions in your area.

For example, if the housing market in your area is hot, with many homes selling quickly and for above asking price, then this may be a good time to sell your home. However, if the housing market in your area is slow, with homes taking longer to sell and selling for below asking price, you may want to wait until the market conditions improve.

  • Your Personal Needs

If you are selling your house because you are moving or because you need to downsize, then you may need to sell your house sooner rather than later. However, if you are not in a hurry to sell, you may want to wait until the market conditions are more favorable.

  • Your Financial Situation 

If you are selling your house to pay off debt or to finance another purchase, then you will need to factor in the costs associated with selling your house, such as the commission, closing costs, and any necessary repairs or maintenance updates.

You will also need to make sure you have a plan for what you will do with the proceeds from the sale of your home. For example, if you are using the proceeds to buy a new home, you will need to make sure that you have pre-approval for a mortgage.

▶️Should I Sell My House Now? Check out the detailed report here. 

How to Get the Best Price for Your Home

If you are ready to sell your house, there are a few things you can do to get the best possible price:

  • Price your home competitively: It is important to price your home competitively to sell quickly. You can research recent sales of similar homes in your area to understand what your home is worth.
  • Make your home look its best: Stage it and make any necessary repairs or maintenance updates. This will help your home to make a good impression on potential buyers.
  • Market your home effectively: List your home on the MLS and advertise it on other real estate websites. You can also hold open houses and distribute flyers in your neighborhood.
  • Work with a qualified real estate agent: A qualified real estate agent can help you price your home, market it effectively, and negotiate a good deal.

Conclusion

The cost of listing a house on the MLS varies depending on some factors, including the location of the home, the price of the home, and the services that you choose to include. However, you can expect to pay around $300-$900 for the MLS listing fee and an additional 2.5-3% of the sale price of your home in Realtor commission.

There are a few factors to consider when deciding whether or not to sell your house now, including the current market conditions, your personal needs, and your financial situation. If you are ready to sell your house, there are a few things you can do to get the best possible price, such as pricing your home competitively, making your home look its best, marketing your home effectively, and working with a qualified real estate agent.