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It’s a very well-known fact that advertising your home on the MLS increases your chances of generating a torrential downpour of potential home buyers thronging at your listing if you are attempting to sell your property.
To advertise a property here, however, you must be a licensed realtor or agency. Hiring an agent comes with a substantial charge, which is why many individuals avoid realtors.
However, the advantages of using MLS are apparent because it may bring you the finest discounts. If you want to sell the home using “for sale by owner websites,” or FSBO websites, you must pay a set price to have it listed on MLS. It might be challenging to find the finest flat-fee service provider because there are so many.
That’s where companies like Houzeo come in handy. Houzeo is a technology startup that aims to make real estate transactions easier.
Houzeo simplifies FSBO by providing you with access to tools that only real estate agents have, such as the quick pricing report and the Closing Dashboard – the most advanced dashboard in consumer real estate.
Let’s take a deep dive into what makes Houzeo so special and what should you consider before contacting them.
What is Houzeo?
Houzeo enables For Sale by Owner home sellers by providing them with access to technology that only real estate agents have and simply selling their house for a flat fee. Home sellers with the question “how to list on MLS” can refer to Houzeo to list their houses on the MLS for a fixed price without paying a commission.
All of the stages, such as advertising and promoting a property, pricing a house, completing federal and state disclosures, contacting an attorney or escrow business, comparing offers, and finalizing the transaction, have been digitized.
Houzeo also gathers data from public sources, requiring you to fill in as little information as possible manually. The listing procedure becomes smoother for the house seller in this manner.
Houzeo uses advanced technology to bring transparency, simplicity, and efficiency to house selling, making it a breeze for first-time home sellers.
What Are The Packages Houzeo Offers?
There are four packages that Houzeo offers starting from $199+.
Let’s take a closer look at what you get when you subscribe to any of Houzeo’s packages.
Bronze
The Bronze Package, which starts at $199, is Houzeo’s most cheap choice. The Bronze Package has one advantage in that its online dashboard allows you to simply monitor your listing and make changes (albeit you will still have to pay for them). You will not, however, have access to all of its features, such as scheduling viewings and making counter bids.
Silver
The Silver Package is a major upgrade above the Bronze Package, which costs $299+. You’ll get unlimited listing changes, a 24-photo limit, and a 6-month listing period, which is more in line with other flat pricing MLS companies. If you are a highly experienced seller who is comfortable performing the majority of the work on your own, the Silver Package is frequently the best option.
Gold
The Gold Package, which costs $349+, has various useful features, the most significant of which is the ability to upload the maximum number of photos authorized by your local MLS. This is essential since images are one of the most effective ways to get the attention of customers. You may also manage showings online, as well as receive and counteroffers, from your Houzeo dashboard.
Platinum
The Platinum Package, which costs $999+, is Houzeo’s top-tier service. In addition to everything included in the Gold Package, you’ll get virtual support from a full-service broker who can help with contract assessment, pricing, and form completion, which many other firms don’t offer at this price point
How Do Sellers Benefit From Houzeo?
Here are some of the benefits of subscribing to Houzeo as a seller:
Massive Exposure
Houzeo focuses on the leading Multiple Listing Service (MLS) in each state. Furthermore, they give non-MLS exposure. For example, they syndicate your listing to Zillow, Trulia, Realtor.com, Redfin, and a slew of other sites!
No Hidden Fees
The price of Houzeo’s Flat Fee MLS is always visible on its pricing page. As a result, you will never be shocked by any additional or hidden expenses at the closing.
Local Agent Connections
A survey found that over 90% of buyers are represented by brokers. To be more specific, nearly all queries about your home will come from buyers represented by brokers. You may utilize Houzeo to pay a buyer agent to display your home to their clients.
Online Offers
Houzeo allows users to receive, assess, and compare seller dashboard offers. You may also accomplish this via the Houzeo Mobile App. Another intriguing element that piques our curiosity is the ability to “Counter an offer” on your own. When you have many offers, this capability comes in quite helpful.
Speedy Listings
Houzeo is well-known for its shortlisting times. You’ll be able to list in 8 business hours with Houzeo Concierge.
Pocket-Friendly Prices
There is plenty of For Sale by Owner websites that claim to be completely free, which they are not. They aim to transfer your leads to local agents, who will phone you and waste your time. Houzeo, on the other hand, does not believe so. They do not sell your leads; rather, Houzeo transmits the buyers’ leads to you directly.
How Do Buyers Benefit From Houzeo?
Here is how buyers benefit from Houzeo:
Organic Reach
Houzeo is a well-established real estate agency that receives thousands of organic visits per month. Not only home sellers but also homebuyers, use the website.
Intelligent Search Feature
Houzeo has a strong presence among house buyers. They took advantage of this chance and created the “Buyer Search” tool. With this one-of-a-kind tool, a house buyer may search through all of the homes listed on Houzeo and filter them based on their location, number of bedrooms, area, locale, and much more. If you’re looking to buy a house, check out Houzeo’s Buyer Search Feature.
Direct Offers
The aforementioned function not only allows buyers to seek their ideal house but also allows them to place a direct bid on the property. The seller will be notified instantly that their property has received an offer. A perfect example of simplicity and efficiency.
Intuitive Mobile App
Houzeo has its own mobile application for both “Android” and “iOS,” via which house sellers may check their listings, receive and review offers, and much more. But did you know that this program might also be quite valuable to a property buyer? According to a recent poll, 98 % of house buyers use the internet to search for homes, and 80 % use their cell phones to do it. As a result, homebuyers may easily explore these postings while on the road.
Is Houzeo Worth It?
Yes, Houzeo is worth it but only in certain scenarios. Before making a selection, compare several offers. Get the finest offers from real buyers, and Houzeo will help you every step of the way. Choose Houzeo packages to make the process of selling your home on your own easier and more manageable.
Also, do check out Houzeo reviews on the various review websites to get a clear idea about what other home sellers and buyers have experienced.
Are There Any Alternatives?
When there is a will, there is a way.
Even in the real estate industry, sellers and buyers are spoilt for choice. Check out these alternatives if you feel Houzeo is not the right fit for you:
Richr
Richr is the ideal do-it-yourself brokerage with a high degree of online concierge service. While there are similarities, such as putting the property on MLS, the main difference between Houzeo and Richr is that Richr allows you to do so for free. When you list your house for sale, you pay nothing up in advance. You are free to give any amount of commission to the customer.
Here’s what you get:
- 1-year listing agreement.
- No limits on pictures.
- Round-the-clock concierge support.
- No fees for modifications.
- Anytime cancellation.
…And much more. This is clearly less expensive than Houzeo’s $999+ bundle. You may hire Richr’s services from their next update – Richr One – for an even more complete service. When you sell, this includes title services for $499.
Zillow
When comparing Houzeo vs. Zillow, they are similar in that they both allow you to market your house without using a Realtor, but there are a few distinctions in the alternatives they provide sellers. Some of them are:
- Zillow Offers allows customers to have their house acquired directly from Zillow without having to list it on the market.
- Zillow allows you to list your house for free online, but it does not syndicate it anyplace else.
- Zillow promotes your listing to agents, inundating you with calls demanding a 3 % commission.
Homie Real Estate
Homie is Utah’s largest real estate agency, offering sellers flat listing costs and commission rebates to buyers. Homie began in Utah in 2015, assisting clients with cheaper listing fees and 3 % broker commission savings.
Homie leverages technology to meet the needs of sellers and buyers while charging a regular fee. Deloitte named Homie one of the fastest-growing IT businesses in North America in 2021.
To know more about if this is the right choice for you, check out some Homie reviews on Google, Trustpilot, and other leading review websites before considering them.
