For DIYers, selling your home for-sale-by-owner (FSBO) is the ultimate DIY. Sellers can avoid paying for a listing agent’s commission — which typically costs about 3% of the final sale price.
While this may work well for some, it’s important to know the drawbacks and that you may still be on the hook for paying 3% for the buyer’s agent commission. One major drawback is being unable to list your home on the multiple listing service (MLS). Some companies, like Fizber, offer services specifically for FSBO sellers, one of which is getting listed on your local MLS. The average cost of a flat fee MLS service is $299, and allows an owner to benefit from MLS services while still saving as much as possible.
Table of Contents
- What is Fizber?
- What do you get with a Fizber listing?
- Fizber pricing models explain
- Fizber reviews
- The bottomline
What is Fizber?
Fizber helps home sellers market and sell their homes as a FSBO. Since a FSBO means the seller is not using a licensed real estate agent to help them sell their home, they may need some assistance, particularly with marketing the home and completing necessary paperwork.
Fizber offers free home valuations and a free listing on their site. Other services are offered on an a la carte basis — including syndicated listings on other real estate listing sites, listing on your local MLS, and residential real estate forms for all U.S. states.
What do you get with a Fizber listing?
Fizber listings are free and function similar to other real estate listing sites. Sellers can upload photos of their home, along with a detailed description, address, and listing price.
The lowest cost package option includes Fizber’s “featured listing,” which means the property ranks on top of standard listings during a search on the site. The listing will also be featured on the homepage at the time of the listing.
Fizber pricing models explained
Fizber offers several pricing tiers — each one building on the offerings of the tier below it. Here’s a breakdown for the Fizber’s paid offerings.
Digital Boost – $95
The cheapest option is Fizber’s digital boost, which includes a featured listing on the Fizber site, an open house online manager that highlights your open house times on your Fizber listing, and your property listing on Redfin — a popular real estate listing website.
MLS Boost – $295
This is Fizber’s most popular option and — in addition to the perks of the digital boost — includes listings on Realtor.com, Zillow, and Trulia, as well as a listing with six photos on your local MLS.
Only licensed real estate agents can post to a local MLS, so in Fizber’s case, the company matches you with a licensed professional who will list your home on your local MLS for the flat fee. It’s important to know that your matched professional will not provide any additional services that a typical real estate agent does, they work with you solely to get your home listed on MLS.
Premium MLS Boost – $395
The premium MLS boost bumps the number of photos in your MLS listing to 25, plus customer ads on Facebook and Instagram.
Legal forms – $20 to $70
In addition to pricing, listing and marketing help, Fizber also sells state-specific legal forms through instant download or mail to assist in selling your home.
The most expensive option — the Home Sales Package — includes the Offer to Purchase, Real Estate Sales Contract, Residential Disclosure Statement, Lead-Based Paint Disclosure, and EPA Lead-Based Paint Info Pamphlet. The package also includes explanations on how to use each form and general information about the real estate transaction.
While not specifically listed on their site, some users mentioned fees for open houses, as well as any changes you make after your listing is live. These fees are in the range of $25 each. Before you agree to any contract with Fizber, make sure you are aware of any additional fees you may get charged later down the road.
Fizber has mixed reviews. On review site Trustpilot, 64% of reviewers rated Fizer as excellent, while 23% rated it as bad — the lowest rating available. Users’ experiences seemed to be really great or really terrible. Overall, the site received an average of three out of five stars as a result of 88 user reviews.
While Fizber says it doesn’t post your phone number on its site unless you specifically list it in the description, several users mentioned receiving lots of spam or sales calls after posting their home on Fizber.
Others noted extremely poor customer service after the initial sales call and nickel-and diming techniques, like charging $25 per day for an open house.
Some users found errors in the listing price of their home syndicated to sites like Zillow and difficulty in getting it updated. It is important to note that Fizber responded personally to nearly every negative review, specifically addressed each of their concerns.
Generally, Fizber received negative reviews on the Better Business Bureau (BBB) website, although it did receive a B- rating which is given independent of reviews. Fizber is not accredited by the BBB.
Other users noted a positive experience, particularly related to the MLS listing option. They enjoyed the savings it provided and felt the exposure on the site helped them sell their home more quickly.
Those who rated Fizber highly said the company had great customer service and went above and beyond to help.
Fizber seems to be a good resource for those with experience selling a home and wanting to go the FSBO route. Others may be better off hiring a discount real estate agent if they’re looking to save money on commissions but still want a full-service agent.
Agents can guide you through the entire process of selling your home, including setting the best listing price for your area and engaging in negotiations with a potential buyer. And since homes listed with an agent typically sell for more than a FSBO, you may come out with even more cash in the bank.
We recommend Clever Real Estate, the discount brokerage that negotiates with top agents in your area to offer 1% or $3000 listing fees. You can save thousands with Clever and still get amazing service from a qualified agent.