In Colorado, where the average home value is $586,317, the typical seller pays about $17,590 (or 3%) of their sale profits to a listing agent.
By working with a Colorado flat fee MLS company, you can eliminate almost the entire listing commission and save thousands of dollars.
A flat fee MLS company is exactly what it sounds like: for a flat fee (usually a few hundred dollars), the company will list your home on the MLS, the main directory for active listings, usually only accessible to real estate agents. From there, your listing will show up on real estate websites like Realtor.com, Redfin, Zillow, and Trulia.
It sounds simple, easy, and smart on your wallet. But there’s more to consider.
While flat fee MLS companies get your listing in front of more buyers, that’s pretty much it. You’ll be on your own when it comes to pricing your home, taking photos, scheduling showings, and managing all legal paperwork, just to name a few.
So, is using a flat fee MLS company worth it? It depends.
How savvy are you with selling? Can you handle the work of the transaction on your own, which could include everything from pricing your home to navigating the stacks of closing paperwork? If done right, there can be some significant benefits to using a flat fee MLS – but it’s a lot of work.
If you’re considering the flat fee MLS model, check out our guide on how to list on the MLS and save, then see our rankings for the 6 best flat fee MLS companies in Colorado.
If you want to save but aren’t confident you’ll have the time or know-how to sell your home yourself, our friends at Clever Real Estate offer a compromise: a full-service agent for a pre-negotiated 1.5% listing fee. The average seller who lists with Clever saves $7,000!
|Why You Should Trust Us
This article draws on 12 hours of research on seven flat fee MLS companies. Our research process consisted of:
6 Best Flat Fee MLS Companies in Colorado
Best For: Tech
Houzeo is a large, national flat fee MLS company, founded in 2017 and currently headquartered in New York. One of Houzeo’s main draws is its tech-heavy approach to flat fee MLS, as seen in its listing management platform “Intellilist.” If you’re a tech-savvy seller and the idea of a company with national scale and reach appeals to you, Houzeo is worth a look.
But keep in mind that Houzeo offers the most expensive packages on this list, with an entry price of $299. And even at those premium prices, Houzeo still adds on a lot of fees for services that are typically free.
|$299 (+0.5% at closing)
|$349 (+0.5% at closing)
|$449 (+0.5% at closing)
|$499 (+0.5% at closing)
✍️ Editor’s Take
Houzeo has national reach and prestige, a great online management platform, and a ton of positive reviews. For sellers who are comfortable with tech and are looking to work with a big, proven brand, Houzeo is a great choice.
But if you’re going the flat fee MLS route to save money, know that Houzeo’s plans aren’t cheap, especially at the low end!
There are also a lot of nickel and dime fees — for example, even if you buy the second-most expensive package, you still have to pay extra for a yard sign. Since the gap between the least and most expensive packages is only $200, you’d likely get the best value from getting the premium package.
2. The Resource Group, LLC
Best For: Affordable Full-service Experience
The Resource Group is a local company that provides coverage throughout almost all of the state and essentially offers a full-service package, including features like negotiation and closing assistance. It also allows upgrades to its single package, with various add-ons like a yard sign ($125–170), a lockbox ($35), and professional photos ($200+).
The Resource Group Costs
|Savvy Seller MLS Option
|$299, plus 0.5% at closing ($1,500 minimum)
✍️ Editor’s Take
The Resource Group offers an incredibly affordable full-service experience with opportunities for customization to choose which services you do and don’t want.
The locally based company offers one of the lowest prices ($299 plus 0.5% at closing) for much, much more than most basic plans the other companies on this list provide.
The Resource Group is offering what’s essentially a deeply discounted full-service agent experience. Considering their stellar reviews, and extensive local experience in Colorado, they’re a solid recommendation for sellers who want a little more agent assistance than the typical barebones flat fee service.
3. Flat Fee Group
Best For: Comprehensive Packages
Flat Fee Group is a national organization of independent brokers with a Colorado franchise. It’s essentially a referral service, connecting sellers to local brokers who act as independent contractors under the Flat Fee Group banner. This particular service pairs you with a local, experienced Colorado agent who has been working in flat fee MLS listing since 2006.
You’ll notice that Flat Fee Group itself doesn’t have reviews online because of the way it’s set up. If you want to find reviews, you’ll have to look up the brokers themselves. In this case, the agent has garnered stellar reviews from very happy clients.
Flat Fee Group Costs
|$399, plus 0.5% at closing
|$549, plus 0.5% at closing
|All services above, plus:
✍️ Editor’s Take
The Flat Fee Group in Colorado offers two tiers of packages, both of which are far from basic. The only difference between the two is that the Premium package offers comparative market analysis and a yard sign for $150 more.
While the higher-priced package may not seem like an obviously superior deal, a comparative market analysis helps sellers set an accurate listing price, which can help you sell your home quickly.
This local contractor is an experienced, well-reviewed Colorado real estate agent, so you’ll probably have access to better market insights than some other national flat fee service that doesn’t maintain a local office.
4. Home Savings Realty
Best For: Low Closing Costs
This Northern Colorado company offers a selection of packages that are mostly the same except for the length of the listing. All flat fee MLS companies in Colorado take a percentage-based cut at closing, but Home Savings Realty only takes about half as much as their competitors.
Home Savings Realty Costs
|Month to month
|$399 per month + 0.25% at closing
|$549 + 0.25% at closing
|Same as above, plus
|Until property is sold
|$699 + 0.25% at closing
|Same as above, plus
|All-inclusive service packages
✍️ Editor’s Take
First off, the fact that the company only takes 0.25% at closing, as opposed to 0.5%, gives it a clear advantage over the other companies on this list. Considering that the average Colorado home is worth just over $586,000, that 0.25% difference translates to around a $1,465 savings.
The company has also received strong reviews, which makes them seem like a great option for listing a house in Northern Colorado.
The downsides are that the company is limited to Northern Colorado, and the packages are not as affordable as many others on this list, though the packages do include great perks like professional photography and contract review and losing services.
The basic month-to-month plan can get expensive quickly, with $399 per month. Most other companies have around the same price for much, much longer listing duration. The 3-month package is the best deal, especially because homes in Colorado are typically selling well within that range.
And their 4% full-service package charges more than a conventional listing agent would, which doesn’t seem like great value.
5. Flat Fee Realty
Best For: Simplicity
Flat Fee Realty is a national company that offers services in many counties in Colorado — you can check the company’s website for a complete list of service areas to see if it operates near you. The company has a single package of services with an option for an upgrade.
Flat Fee Realty Costs
|Basic MLS package
|Basic MLS package, plus:
✍️ Editor’s Take
Flat Fee Realty doesn’t offer good value compared to the other options on this list. The Basic MLS Package only offers 6 photos, which is not likely to be enough for potential buyers to really see what your home has to offer.
That means that a functional plan would cost $299 + 0.5% at closing, the same as many other packages from competitors on this list that include many more features for the same price.
The company’s services are also not available in every part of the state.
But the biggest concern we have is the lack of publicly available reviews. Without those reviews, the seller will be taking a lot of risk on themselves if they choose to use this service.
6. Colorado Flat Fee Realty, Inc.
Best For: Properties Worth Less Than $500,000
Colorado Flat Fee Realty is owned and operated by a local Colorado agent with 35+ years of industry experience, and uses a unique sliding scale fee that depends on the list price of your home. Sellers also have the option of paying 1% at closing.
Colorado Flat Fee Realty Costs
|Basic sliding scale package
|$1,500-9,000 (depending on list price), or 1% (all fees paid at closing)
✍️ Editor’s Take
Colorado Flat Fee is in last place on this list because their services start at $1,500 and go all the way up to $9,000, though you can opt to pay 1% instead. This service can get pricey, especially if your home has a high list price.
The default package includes a lot of valuable services that most companies make you pay extra for — features like home valuation, staging, and negotiation, not to mention the yard sign and lockbox.
If you’re selling a home that’s closer to $1 million, it would probably make more sense to seek out a conventional agent, especially since most agents will negotiate their commission on a very high-priced home. But for sellers at the lower end of the scale, Colorado Flat Fee’s sliding scale might be a viable option.
Keep in mind that the small print on the company’s website shows that Colorado Flat Fee also charges a $495 administration fee.
How to Get On a Colorado MLS Without a Realtor
Step 1: Shop Around for a Flat Fee MLS Company
Start by looking at company reviews. Websites like Yelp, Google Reviews, and Trustpilot will give you a window into the experiences of real sellers. If you find recurring complaints about issues like hidden fees, unresponsive communication, or poor quality services, this should be a big red flag!
On the other hand, if most users had a positive experience, that should give you a little reassurance that you’re on the right track.
You’ll also want to make sure the company actually operates in the area where you’re selling. Colorado has over 10 MLSs, so double-check your company’s coverage.
|💡Colorado Is a Minimum Service State
In minimum service states, all real estate brokers — including flat fee MLS companies — must legally provide a minimum level of service to clients. The actual services that the companies must provide vary by state, but they all go beyond just an MLS listing.
If you live in one of these states, you may have to pay more for a flat fee MLS provider than you would in states without minimum service laws — however, you will typically get more comprehensive services.
Given the steeper prices, it may be worth it to work with a traditional realtor in Colorado and look for other ways to save.
Our friends at Clever Real Estate make saving while using an agent easy. Clever can connect you with top, full-service real estate agents in your area who will sell your home for a listing fee of just 1.5% (instead of the typical 3%). The average seller who lists with Clever saves $7,000!
Step 2: Choose Your Package
Most companies offer a base package that includes an MLS listing and very few other services, which will leave most of the responsibilities of the sale on your shoulders.
Are you up to it? Do you have any experience in marketing, real estate, or contract negotiation?
If the answer is no, you might want to consider a package that offers more services, like help with negotiation, advice on pricing, and guided showings and open houses.
When looking at packages, the main factors to consider are:
- Number of photos included: In general, the more photos included with the listing, the more interest you’ll get from buyers.
- Listing length: While a yearlong or unlimited listing might sound like it offers great value, most homes sell quickly. If your home is still sitting on the market after a few months, it probably makes more sense to take it off the market and relist later than to just let it sit there indefinitely.
- Open house and showing support: Conducting showings of your home can be stressful and time-consuming if you’re not used to hosting a crowd. For many sellers, tapping into a company’s expertise in this area is well worth the extra money.
- Document support: Some MLS companies offer contract templates, disclosure forms, and other document support. This can be helpful if you’re worried about being able to find the right materials on your own. Keep in mind that if these documents aren’t completed and filed correctly, there could be serious legal consequences, so most sellers will want an agent’s or lawyer’s guidance here, just to be safe.
Step 3: Prepare to Handle a Lot of the Process Without Support
In Colorado, a flat fee MLS company will get your listing on the MLS, but it won’t do much else for you.
If you go the flat fee MLS route, you should be prepared to act as your own agent. That means handling tasks like:
- Pricing your home
- Marketing your home
- Scheduling and conducting open houses
- Negotiating contract points like contingencies
- Handling closing paperwork
That’s a lot to take on — especially if you don’t have experience in real estate! For that reason, many sellers hire a transaction coordinator or a real estate attorney to help navigate the sale process.
Alternatives to Flat Fee MLS in Colorado
🥇 Best Option: Clever Real Estate
Clever Real Estate is a well-established, nationwide company that uses a licensed concierge to connect sellers with experienced local agents in their area. After learning about your goals and preferences, Clever matches you with 1-3 agents in your area to interview and select from. If none of them meet your expectations, Clever will send you more matches.
All Clever partner agents provide full service for only 1.5% in listing fees, which can save you thousands of dollars over the typical 3% listing fee.
Although Clever is slightly more expensive than most flat fee MLS plans, you’ll get what you pay for: High-quality assistance from a top-performing agent who comes from a respected brokerage, such as Keller Williams, Coldwell Banker, and RE/MAX.
Most flat fee MLS companies will get your house on the MLS and leave you to do the rest, but a Clever partner agent can help you with:
- Listing your house on the MLS
- Pricing and marketing your house
- Coordinating professional photography
- Running showings and open houses
- Negotiating with the buyer’s agent to get you the best price and terms
- Guiding you through the closing process
Plus, Clever’s matching service is totally free, with no obligation to choose any of the agents you meet. You can request as many agent matches as you like until you find the best fit!
Meet trusted real estate agents with Clever 🤝
Typically, discount brokers offer a full-service agent experience (or close to it) for less than the typical 3% listing agent commission.
Discount brokers usually charge 1-2% commission, which is significantly more than you’d pay with a flat fee MLS company, but is potentially thousands less than a conventional 3% commission, and you’ll potentially get a lot more for your money.
The risk is that some discount real estate brokers cut corners or operate at a massive scale that limits their ability to provide adequate customer service. Make sure to read the fine print and understand what you’re truly paying for.
Some leading discount brokers you could explore are:
If you’re after a fast, streamlined sale without an agent, it might be worth considering an iBuyer. iBuyers use data analytics to assess the value of your home, and then they buy your home in cash for that amount.
The upside of an iBuyer sale is that it’s fast, simple, and can take as little as a week from start to finish. The downside is that, because you’re dealing with a tech company’s algorithm and not an agent, there’s typically no room for negotiation. It’s a “take it or leave it” offer.
That said, if you’re in a hurry or you find an offer to be fair, an iBuyer deserves serious consideration.
iBuyers that offer to buy homes in Colorado include:
- Keller Offers
Curious about how much an iBuyer would offer you? Our friends at Clever can help you compare offers from top cash buyers to listing on the open market.
Frequently Asked Questions About Flat Fee MLS Companies in Colorado
What is the best flat fee MLS listing service?
The best flat fee MLS listing service depends on which state you’re in and what you need out of the service, but Houzeo is a national company that’s a great choice for a tech-enhanced, highly rated listing service. Learn more about Houzeo and other flat fee MLS listing services in Colorado.
How much is a flat fee MLS listing?
A flat flee MLS listing typically ranges from about a hundred dollars for a basic package to over a thousand dollars for a full-service listing. Read more about the costs of flat fee MLS listings in Colorado.
How do I list on an MLS For Sale by Owner?
You can list your house For Sale by Owner (FSBO) on an MLS by choosing a flat fee MLS company available in your area, purchasing an MLS listing, uploading your home’s information and photos, filling out the paperwork, and then posting your listing. Check out our list of the top 6 flat fee MLS companies in Colorado.