Houzeo is an online platform based in New York that allows homeowners to sell their property without the need for traditional intermediaries. Discover more about Houzeo’s system, technology, pricing, and reviews.
What is Houzeo?
Houzeo provides online Flat Fee MLS listing services to homeowners. The platform offers various services, including listing properties on MLS, connecting with local real estate professionals, obtaining property valuations, and more. Sellers pay a one-time, flat fee to list their homes on the local MLS, and buyers can also use the platform to search for properties. Houzeo aims to simplify selling a home and save costs by eliminating the need for real estate agents.
As a seller, using Houzeo allows you to pay a flat fee to list your home on your local MLS, eliminating the need for a real estate agent on the selling side of the transaction. As a result, you can save part on the standard commission that real estate listing agents typically charge.
You may also use the Houzeo dashboard to search for properties as a buyer.
Houzeo aims to streamline the house-selling process and save costs by eliminating the need for a real estate agent.
⚡Houzeo vs. beycome⚡( updated 05/15/2024 for a property listed in Florida)
Flat Fee MLS Service | Houzeo Bronze | beycome Basic |
---|---|---|
Price | ||
MLS Access | ||
100% Online | ✅ | ✅ |
Listing period | 6 months | Unlimited |
Listing Update ( per change) | $25 | Unlimited & Free |
Open Houses ( per add) | $25 | Unlimited & Free |
Offer Management | ||
Number of pictures allowed | 24 | Maximum Allowed |
Professional Pictures + Drone | ||
Flyers + yard signage+ Open house | ||
Federal and States Disclosures | ||
Showing Calendar | ||
Open houses | ||
Offers platform | ||
Minimum Commission to offer | 1% | $1 |
As of 05/05/2024 Houzeo also add an extra “Listing brokerages charge selling brokerages $350 Compliance Fees in Florida”
Sell a Home on a Local Flat Fee MLS With houzeo
Houzeo is an option for those who wish to save money on the selling process of their home. To list your home using Houzeo’s flat-fee MLS listing platform, customers must select one of the flat-fee package options offered by the company.
These package options provide a variety of features and services at different prices. Also, You can cancel your listing for a “deposit” fee of $50 in most states.
Let’s see how it works:
🏠 1: Create an account and add the Information about your home:
Property address, type of property, Beds, baths, Sqft, size, value, photos, description, set your asking price, add pictures ( at least one), etc. are required to be filled, then register on houzeo.
🏠 2: Select Flat-fee MLS listing Package:
You can submit your information and then select the desired listing package. Please choose one of five packages it offers: Bronze at $299, Silver at $349, Gold at $429, or Platinum at $1200.
🏠3: Listing platforms:
Your property will be listed on houzeo and your local MLS’. Your listing will be syndicated to websites like Zillow, Trulia, and many more!✨
🏠 4: Upgrade:
You can upgrade from the essential listing solution (Bronze Package) to Platinium Package for full coverage. Houzeo will mail you (for $49) a customized yard signage.
🏠 5: Offers:
If you pick at least the Gold package, you can accept, counter, or reject offers when you start receiving offers to the closing.
💡Important information: The typical realtor commission varies from 5% to 6% of a home’s final closing cost – which is split equally between the buyer’s and seller’s agents. Sellers pay commission for both agents. You can save it if you list your home on your local MLS with a flat fee MLS company like beycome.
What is houzeo’s Pricing Structure?
Houzeo offers four packages to list your home, for you will have to pay a single upfront fee to use their MLS flat-fee platform :
# | Listing Packages | Price | Description |
1. | Bronze Package, which provides essential listing solutions. | $399 | The basic package offered by Houzeo ” Bronze” includes listing your property for 6 months, with the ability to post 24 photos to the MLS. This package also includes the use of their proprietary IntelliList Listing Management process. Customers can edit their listing for a fee of $25 per change. They also provide customer service seven days a week in English and offer support through telephone, online chat, and email. This package is flexible and can be canceled at any time for a $50 ” deposit fee” |
2. | Silver Package, for more pictures and times. | $409 +0.5% due at closing | Houzeo’s Silver package includes everything in the Bronze package for six months, unlimited pictures, yard sign, Mobile App and disclosures |
3. | Gold Package to manage your visits and offers. |
$429 +0.5% due at closing |
Houzeo’s Gold package includes everything in the Silver package plus call forwarding, personal concierge Showing management “Houzeo Showings” and ” Houzeo Offers Platform. |
4. | Platinium, the Virtual Full Service Package. |
$449 +1% due at closing |
The package comes with Virtual Full-Service with a Licensed Broker, including:
|
💡 beycome’s Price: Beycome’s pricing structure offers a range of options for customers, with rates starting at $99 and going up to 1% of the sale price. This provides customers with a competitive and cost-effective pricing comparison.
If you need competitive and cost-effective pricing, beycome is your #1 choice.
Buyer’s Fees
As a buyer, you will have the opportunity to use the Houzeo platform without incurring any costs. The platform is entirely free of charge. You can register on the website and search for available properties ( only those listed on Houzeo).
💡Note from the author: It is our policy to refrain from making any comparative statements about our competitors as numerous companies are providing similar services. The selection of a service provider is ultimately the consumer’s decision, who should carefully evaluate the options and select the one that best meets their needs and with whom they have the most trust.
However, if a competitor has created pages for the purpose of comparing their services to ours, we reserve the right to review such comparisons to ensure they are fair and accurate for the benefit of consumers by making direct comparisons of like products or services. |
👍Pros and👎Cons of Houzeo:
👍Pros:
National | Houzeo services are accessible to customers throughout the nation. However, it is essential to note that the pricing and terms of service may vary depending on the state. |
Assistance | You will be assisted in English and Indian by Houzeo’s experts six days a week from 9 AM to 6 PM CST. They also provide Call/Chat/Email support. |
Visibility of Listing | It provides great exposure, and your property will appear on sites like Trulia, Realtor, Redfin, and Zillow. |
Comprehensive | Houzeo is a comprehensive platform that offers a comprehensive listing solution from the initial research stages to the sale’s closing (depending on the package selected by the customer). |
Customer service | Available and prompt to answer questions |
👎Cons :
Limited Time⚠️ | Packages only allow you to list your home for 6 months. |
Not licensed real estate broker⛔ | Houzeo has no licenses and can not act as a real estate agent for you or any other user. Your listing will be managed by an outside agent, not Houzeo itself. The same agent can work as a traditional REALTOR and for many different Flat Fee MLS companies. |
No Professional Pictures⚠️ | No packages offering professional photographer pictures. |
Expensive⚠️ | From $399 to $449+1% commission… Expensive if you compare it with competitors. |
1% Minimum Commission⛔ | In Florida, Houzeo requires a minimum buyer agent commission of 1%. It is important to note that this fee is not mandatory or required by the Florida Boards. It is a commission set by Houzeo. |
Offer management⚠️ | You will need to pick a more expensive package to manage your offer |
Modification Cost⚠️ | Your property listing will request a lot of changes and updates, Houzeo charges $25 per modification, or you need to choose an expensive package. |
Legal information⛔ | It is highly complex and difficult to locate the legal office of Houzeo on various platforms such as Google Maps, Zillow, etc. The customer service did not provide a specific address other than stating it is located in “houzeo corp address 155 E. 52nd St, Suite PHC, New York, NY 10022 that show to be a rental studio”. |
Cancellation Fee⚠️ | Strict refund policy and a minimum $50 cancellation Deposit fee |
Is Houzeo legit?
Yes, Houzeo is a legitimate company that is headquartered in New York City and was founded in 2017 by Amit Dhameja, who is a former executive director at J.P. Morgan
The headquarters of Houzeo Corp. is situated in the Greater New York Area, with a physical address at 155 E. 52nd St, Suite PHC, New York, NY 10022. In addition, the company also maintains an office in India, specifically at HOUZEO INDIA PRIVATE LIMITED, OFFICE NO 317, D WING, LODHA SUPREMUS II WAGLE ESTATE, NISL, ROAD NO 22, THANE, THANE, Thane, Maharashtra.
Phone Number: (844) 448-0110
It is important to note that, unlike most flat-fee MLS companies, Houzeo does not hold a real estate license in every states they cover. As a result, they rely on referring customers to local realtors and brokers with a real estate license to list a home on the MLS.
Do we recommend Houzeo? ⭐⭐⭐
Houzeo may not be the best option for most sellers due to its high pricing compared to other flat-fee MLS companies, including become. For the price of 1 listing on houzeo, you can list 4 properties on beycome with 4 times more features.
The company also charges extra for services and features often provided for free by most other companies. While Houzeo’s online dashboard for sellers is user-friendly and easy to navigate, it is only available with higher-priced plans, and features like scheduling showings and making counter offers are only available with those plans.
It is important to note that while Houzeo’s online dashboard, app, and positive reviews may be appealing, they should not be the sole factors considered when choosing their services over other brands. It is essential to thoroughly research and compare the pricing and services offered by various companies to determine the best fit for your needs.
Experienced home sellers, who live in a hot market and are looking to sell FSBO, may be better served by checking out other flat-fee MLS companies that offer similar packages at a lower cost.
Alternatives to Houzeo:
At Beycome, we firmly believe that property owners are the most suitable representatives for their real estate. To that end, we have developed a user-friendly digital platform that allows individuals to act as their own agents, enabling them to buy or sell a home and navigate the associated processes without incurring commission fees.
Our advanced technology, combined with valuable input from our users, allows us to boast a successful property closure through our platform every 40 minutes. Additionally, Beycome offers a 90-day guarantee for those who do not close on a property, go under contract, or receive at least two legitimate offers.
Furthermore, we support our clients through the sale and purchase process by offering a 2/3 rebate on traditional buyer commission ( on average, 2% of the closing price) back where it belongs: in your pocket.
For a $99 flat fee, beycome offers:
- Listing the property on the local MLS
- Unlimited pictures
- Unlimited support
- Your listing is Active until you close or if you decide to cancel
- All inquiries & leads directly forwarded to you
- Free open house scheduler
- Free unlimited updates and changes
- Free virtual tour
- No cancellation* or Hidden Fees
- Free Access to all legal forms & Disclosures
- Marketing Material
- 90-day money-back guarantee unless you close, are under contract, or receive at least 2 legitimate offers*.
- Title Option for $199**
- 25 Pictures HDR Professional photographer in option for $189
- and so much more
- Listing the property on the local MLS
- 6 pictures of your property
- Your listing is active for 6 months
- All inquiries & leads directly forwarded to you
- $25 by Open House scheduled
- Free unlimited updates and changes
- $40 Virtual tour post
- No cancellation*
- Access to all legal forms & Disclosures
ListwithFreedom packages provide property owners equal opportunities to those offered by other platforms such as Houzeo. This includes listing their property on the MLS, various term options, photo options, and the ability to determine the buyer’s commission.
Houzeo Reviews by customers⭐⭐⭐⭐⭐
Houzeo has substantial reviews on credible websites like Trustpilot and Google.⛔ It is highly unusual for there to be a lack of any reviews on both Yelp.com and Zillow.com.
Houzeo has received mixed reviews from customers. Many customers have praised the company for its excellent customer service, easy setup, and ability to modify their listings on the platform easily. However, some customers have reported that the MLS support and change the real estate agent provided were challenging and slow and that the “hidden fee” did not match the company’s capabilities.
Additionally, some customers have reported that the experience with the assigned agent was unsatisfactory, with delays in price changes, lack of support, and poor communication. These reviews suggest it would be a good idea to research and validate the company’s reputation and read reviews before signing up for the service. It is also important to note that the experience with the assigned agent may vary, and it is crucial to ensure that the agent can provide the necessary support and service before signing up.
The MLS© , Multiple Listing Service, is used by licensed brokers and realtors to list and search for properties on their own database. Every area has its own MLS© platform. In fact, there are over 958 across the United States. beycome currently covers Alabama, Florida, Illinois, Minnesota, Georgia, California, North Carolina, South Carolina, Connecticut and Texas.
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