Does Houzeo or the listing agent collect a commission when a property sells?

Does Houzeo or the listing agent collect a commission when a property sells?

At Houzeo, we believe in transparency and cost-effective solutions for selling your property.

Here's a breakdown of fees associated with selling your home through Houzeo:

Houzeo's Flat Fee:

Houzeo charges a flat fee to list your property on the MLS. This fee covers our services, such as:

  • MLS Listing: Your property will be listed on the MLS in your area, maximizing exposure to potential buyers and real estate agents.
  • User-Friendly Dashboard: Manage your listing, schedule showings, and communicate with interested buyers conveniently through our online platform.
  • Marketing Tools: Provides a platform for updating professional listings with high-quality photos, virtual tours (optional with higher packages), and detailed descriptions to showcase your property's best features.
  • Customer Support: Houzeo's dedicated team is available to answer your questions and guide you throughout the selling process.

Package Options and Closing Fees:

Houzeo offers various flat-fee packages (Bronze, Silver, Gold, and Platinum) with increasing levels of service. Here's a key point to consider:

  • Closing Fees: The bronze plan in most states has a $350 closing fee. The rest of the plans (Silver, Gold, and Platinum) involve a closing fee, typically ranging from 0.5% to 1% of the final sale price to be paid to the listing agent. These fees compensate our partnered realtors for providing additional services.
  • State Variations: As mentioned in the above point, The bronze package has a $350 closing fee other than the flat fee amount. However, some states, like North Dakota, South Dakota, Colorado, Wyoming, Nebraska, and Iowa, require closing services on all packages due to local regulations.

Houzeo charges a flat fee for listing your property, with optional packages available that offer additional realtor services for a closing fee. The closing fee is paid to the listing agent’s company at the time of closing and helps cover the services provided during the listing process. These optional services can enhance your selling experience, making the process smoother and more successful. Ultimately, you can select the level of service that best fits your needs and budget.