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May 4, 2021 by Thomas O'Shaughnessy Leave a Comment

The Top 3 Flat-Fee MLS Companies in Illinois

home for sale by owner

Top Illinois Flat-Fee MLS Companies | Best for Extra Support | Best for Hard-to-Sell Homes | Simplest Sale Process | Other Alternatives | Frequently Asked Questions

If you hire a listing agent to sell your home in Illinois, you can expect to pay around 3% in commission to your agent. You’ll also have to pay an additional 3% commission to a buyer’s agent. 

These costs get expensive, so some sellers consider selling without a realtor to avoid the listing agent’s commission. While this option provides considerable savings, it leaves sellers responsible for all aspects of the transaction — including marketing their properties.

Most home buyers find out about properties through the Multiple Listing Services (MLS). Online home search websites draw their data from MLSes and real estate agents use them to find houses to show buyers. 

For Sale By Owner (FSBO) homes need to be posted on the MLS to get in front of the widest pool of buyers — but sellers can’t do that on their own. A flat-fee MLS service solves this problem. 

These companies will list your home on the MLS and are much more affordable than full-service agents. But they provide limited assistance and the quality of service can vary widely, so it’s important to find the right one. Here are three great options in Illinois to consider.

Not sure if selling your house without a realtor is right for you? Our friends at Clever can connect you with a full-service agent and save you thousands. Find out more!

Top Flat-Fee MLS Companies in Illinois

🥇 Mentor Listing Realty: Best for extra support

🥈 Prello Realty: Best for hard-to-sell homes

🥉 beycome: Simplest sale process

💰 Service is an additional cost or not included in the basic package
Mentor Listing RealtyPrello Realtybeycome
Price$299-$399$295-$795$299
Number of Photos1-2525Max allowed
MLS Listing6 months6-12 monthsUntil sold
Pricing Assistance💰❌❌
Negotiation Support💰 💰❌
Yard Sign💰✅✅
Open Houses✅✅✅

Not seeing a company you like? Check out the best nationwide flat-fee MLS companies!

🥇 Mentor Listing Realty: Best for extra support

Pros: Affordable broker support; highly reviewed
Cons: Few photos with most packages

Mentor Listing Realty includes broker support and assistance with all their packages. Past reviews indicate that the company offered not just routine help but the wisdom and expertise they needed to sell quickly for top dollar. Keep in mind, however, that this support would be over the phone or email.  

While Mentor Listing Realty doesn’t offer an unlimited listing term like some competitors do, it’s only $99 to extend your property’s time on the MLS.

Mentor Listing Realty’s packages

PackagePriceProfessional Recommendation
Basic$299The biggest drawback to this package is it only includes 1 photo. Without more pictures in your listing, it will be very hard to attract buyers.
Standard$349The only difference between this package is it includes 6 photos. Given that, it might be worth it to spend more on the premium package to better showcase your house.
Premium$399Compared to competitors, this a very affordable premium package and will fit the needs of most sellers.

Other considerations about Mentor Listing Realty

  • Mentor Listing Offers negotiation, contract, and closing services for $499. While that is very affordable, it also means those types of support are not included in the packages above.

If you have a standard home and want to know someone will be there to answer your questions, Mentor Listing Realty is a great option. Each package includes basic broker support and assistance that provide you with expert advice.

🥈 Prello Realty: Best for hard-to-sell homes

Pros: Professional photo options; unlimited open house listings
Cons: Not available in all of Illinois

While Prello Realty offers a fairly standard basic package, its mid-tier and premium packages are a great deal if your home is going to be hard to sell. Professional photographs are included with these packages, which can help your house stand out in a slow market.

However, Prello Realty lists homes on the MRED MLS, which features homes in Chicago and the surrounding suburbs. If you live outside of this area, the company won’t be the right option for you.

Prello Realty’s packages

PackagePriceProfessional Recommendation
MLS Basic$295This is a comprehensive basic package that allows you to list your property on the MLS for 6 months and includes 25 photos to show off your property’s best features. You can advertise an unlimited number of open houses and will be provided with a free yard sign.
MLS Plus$495This package includes professional photographs that can make your home look its best. Plus the listing is for 9 months. If you expect your property to be more challenging to sell, the added money may be well worth paying for the longer listing time and professional advice.
MLS Pro$795In addition to the appointment scheduling service, the big appeal of this package is contract negotiation assistance. This can be essential to closing your deal once you find the right buyer.

Other considerations about Prello Realty

  • While Prello Realty received mostly positive reviews, some past clients reported communication issues.
  • Full-service package available for $395 plus 1% listing commission at closing

If you believe it will be difficult to find a buyer for your house, Prello Realty might be your best option. They have services to help you better market your home and negotiation support to ensure the deal doesn’t fall through once you find a buyer.

🥉 beycome: Simplest sale process

Pros: Manage your sale from a digital dashboard; 90-day money-back guarantee
Cons: No pricing assistance with flat-fee packages

Past reviews tout the ease of listing with beycome, with some users indicating their digital dashboard was simple to navigate even for those who aren’t tech-savvy. The ability to manage your entire sale from one unified online platform streamlines the entire process, making it easy to keep track of all the details of your transaction.

However, beycome doesn’t offer and pricing support to sellers. This could be the hardest part of listing your house without a realtor, so unless you’re confident in a listing price, consider other options.

beycome’s packages

PackagePriceProfessional Recommendation
Basic$99If you only need minimum support, this is an extremely affordable option. However, if you’re in a competitive market, you might benefit more from other packages with more marketing assistance.
Enhanced$299Photos attract buyers, so the fact that this package includes professional photography could be a game-changer. You can also easily add your listing to classified sites like Craigslist, which is not something most other flat-fee companies offer.

Other considerations about beycome

  • Beycome offers a full-service option for 1% (with $499 due upfront)

Beycome is a great option if you are an experienced seller or should have a straight forward sale. Their platform is easy to use and can help you through each step of the selling process.

Alternatives to flat-fee MLS companies in Illinois

There are other ways for sellers to save money besides working with a flat-fee MLS company. You could also work with a discount broker. These are full-service real estate agents who work for a lower listing commission, typically 1% to 2%.

If you want to learn more about working with a full-service agent while saving money, we can’t recommend Clever Real Estate enough. Learn more about their agent-matching service and 1% commission (or $3,000 fee on homes under $350,000).

FAQs about flat-fee MLS companies in Illinois

What is the best flat-fee MLS provider in Illinois?

Prello Realty is one of the best flat-fee MLS providers in Illinois and can provide support for those who have hard-to-sell properties. Unfortunately, it only lists homes on the Chicago MLS, which may not be ideal for sellers outside of this area. To learn more about all your options in Illinois, check out our complete guide to flat-fee MLS services.

Are flat-fee MLS companies in Illinois worth it?

Yes, it is worth purchasing the services of an Illinois flat-fee MLS company such as Prello Realty if all you want is to get your property listed and advertised on the local MLS. However, working with a discount agent can actually save you more money and still get you higher offers from buyers than working without a flat-fee MLS service. Learn more about 1% commission realtor.

How much do flat-fee MLS services cost in Illinois?

Flat-fee MLS companies charge around $300 for their basic services, whereas more comprehensive packages can cost up to $800. As great a deal as that sounds, sellers may find better overall value by listing with a local, low commission real estate company. Browse through our list of the best low commission real estate companies.

What is a flat-fee MLS company?

A flat-fee MLS company is a service that lists your home on your local Multiple Listing Service (MLS). If you are selling your home without an agent, one of these companies is your only option to get your house listed on the MLS.

Since local MLS databases are used by home search websites to identify properties for sale, you’ll need to make sure your property appears on the MLS. A flat-fee MLS company takes care of this and, in some cases, also provides you with other services such as contract negotiation for an additional fee.

How do I tell if a flat-fee MLS company is legit?

To determine if a flat-fee company is legitimate, carefully read past reviews as well as the contract they send you.

If past reviews show a pattern of problems, there’s a significant chance you will experience the same issue as past sellers. If the contract shows hidden fees, you can also expect that the company’s services will cost more than anticipated, which is a common complaint among sellers who use flat-fee MLS companies

Filed Under: Sell a House Without an Agent

About Thomas O'Shaughnessy

Tommy O’Shaughnessy is the Growth Product Manager at Clever Real Estate, a real estate education platform where buyers, sellers, and investors can learn how to make smarter financial decisions.

With previous experience working in real estate education at Veteran's United — a major VA lender — Tommy is an expert in home buying and mortgages. His work has been featured by CNBC, LA Times, Yahoo Finance, and Business Insider.

Education: BA Journalism, Magna Cum Laude — University of Missouri, Columbia Journalism School

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