HomeCoin reviews | Updated for 2023. Some Room for Improvement.

As technology continues to disrupt the real estate industry, more and more platforms are emerging to help homeowners and prospective buyers navigate the complex process of selling, buying, or renting properties. One such platform is HomeCoin.com, a real estate platform that provides various services for homeowners and buyers alike. In this article, we explore the pros and cons of HomeCoin.com based on our experience and compare it with its competitors, particularly Beycome.

What is Homecoin?

Homecoin.com is a real estate platform that aims to make the process of selling homes more affordable and efficient for customers. By offering flat-fee services and leveraging technology, Homecoin.com helps users save money on traditional real estate agent commissions. Their services include listing properties on the Multiple Listing Service (MLS), and providing necessary legal forms and disclosures.

Homecoin’s service is available in Alabama, Florida, Georgia Michigan, Minnesota, Maryland, Missouri, North Carolina, New York, North and South Carolina, Tennessee, Texas, Virginia, and Wisconsin

Homecoin use different prices approach based on your location, in our reviews, the property address was located in Florida, 33156.

Flat Fee MLS Service	Homecoin	beycome Basic
Price	$95	$99
MLS Access	✅	✅
100% Online	✅	✅
Listing period	12 months	Unlimited
Listing Update	10 free then paid	Unlimited & Free
Offers Directly to You	✅	✅
Offer Management	❌	✅
Number of pictures allowed	Maximum Allowed	Maximum Allowed
Flyers +  yard signage+ Open house	❌	✅
Federal and States Disclosures	✅	✅
Showing Calendar	❌	✅
Open houses	❌	✅
Offers platform	❌	✅
Lockbox	$125 (rental + $150 deposit)	$29 ( yours)
Pro Photo with 3D and Drone	❌ (not available)	$189 (photos +3D + Drone )
Sign Post	$121.20 ( Installed)	$29 ( not installed)

💡Let’s see how it works: 

You have a ten steps process to follow:

🏠 1st, add your address:

🏠 2: Choose the package your looking for:

You will need to provide 6 steps of property information! Be prepared to gather detailed data about your property, such as the subdivision number, zoning, township range, and more.

Honestly, understanding the process can be quite overwhelming, and collecting all this information may be time-consuming. (After all, who remembers their subdivision number?)

The final step is to pay for your package.

💡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’s Homecoin Pricing Structure:

Homecoin offers a straightforward and clear price structure. Flat Fee MLS $95 and couples of extra services for a fee. These extra services are not mandatory, you can just use the $95 MLS fee.

Service offered:

Free Comparables Sales report. This report is generated from the MLS. We request a Free Comparables Sales report on 2 properties ( FL and CA).

• The Florida one was clear and provided by a real estate agent in Miami, and we received this short report in 12h.
• The Californian one was not provided “The MLS does not have sufficient data for this property,” and we received this message in 20h.

For a free service, you don’t lose anything by requesting it.

FSBO listing on homecoin: Free

Home Value Report: Not Available in South Florida. “Service Currently Unavailable In This Area”

Open House Kit: Not Available in South Florida “Service Currently Unavailable In This Area”

Pro Photography: $219 Unfortunately don’t know the quantities of photos provided.

Mls Listing for 12 months and ten free changes: $95

LockBox rental: $125 ( +$150 Guarantee deposit)

Real Estate Sign: $69 + $51 delivery

Real estate Sign Posts: $97 ( installed)

Forms Help (standard): $450

Forms Help (Premium): $2999

Buyer commission rebate: 25%

👍Pros and👎Cons of Homecoin:

You know we’re not supposed to directly stack ourselves up against the competition. That’s just not how things roll around here. But hey, it’s really up to you, dear customer, to do your homework and pick the service that makes your heart sing. Now, I’m not saying this with my outdoor voice, but our competitors better be on their A-game when it comes to comparing themselves to us – fair and square, folks.

You know the drill: similar features, similar services – it’s like comparing the finest of apples to… well, other juicy apples. Capiche?

👍Pros:

Affordable and Clear	HomeCoin.com has garnered attention for its unique offerings, especially its $95 MLS package including a free Listing FSBO+ and Free Comparables Sales Report services. By entering a zip code (we used Florida zip code 33156 for our trial), users gain access to free information that can help them make informed decisions on their real estate transactions.
Technology	Don’t judge a book by its cover! They provide very cool features like call forwarding, information via text messages, and automatic email forwarding. These unique functionalities have been available on our platform for quite some time. However, to be fair, this is the first instance of encountering a competitor with such advanced tools.
Legit	Our experience with this company has been nothing short of great. They uphold a commendable level of transparency and authenticity in their approach, without resorting to bashing their competitors. Their product is refreshingly honest.

👎Cons :

• While HomeCoin.com offers some impressive features, we found that certain services are more expensive than those offered by competitors like Beycome. For example, HomeCoin charges $125 for a locked rental, while Beycome charges only $29. Similarly, HomeCoin’s yard signage is priced at $69 compared to Beycome’s $29 offering. These price discrepancies may be a deterrent for cost-conscious users who are looking for the best deal when it comes to additional services.
• They don’t offer “trend” marketing support as 3D tour and Drone, which are very popular at this time.
• The pricing structure and product are very different from one city to another making the process a little bit laborious when you’re coming from the landing page. You expect to get what they offer and promote, and finally, based on your Zip Code, couples of them are not available..
• The outdated platform of Homecoin is missing essential functions such as managing property viewings, evaluating and contrasting proposals, responding to offers, and accessing inspection summaries.

Do we recommend Homecoin? ⭐⭐⭐⭐

Yes! When it comes to real estate platforms, Homecoin is a solid choice. While we wouldn’t give them a perfect 5-star rating as Beycome offers more advanced technologies, better customer support, and a wider range of tools. being said, we do believe that Homecoin offers a great service to its customers.

Homecoin’s simplicity is one of its greatest strengths. The platform is straightforward, easy to use, and transparent in its dealings. Additionally, we found that Homecoin is a legitimate company, which is an important factor to consider when dealing with real estate.

Overall, if you’re looking for a reliable and straightforward platform to sell real estate, Homecoin is definitely worth considering. While there may be other platforms out there that offer more advanced features, Homecoin’s simplicity and legitimacy make it a great option for those who prefer a no-frills approach.

💰Alternatives to Homecoin.com:

🧡beycome ⭐⭐⭐⭐⭐

So, you wanna be the master of your own real estate destiny? Well, buckle up, buttercup, because at Beycome, we’re all Oh, so you’re ready to become the almighty ruler of your real estate kingdom, huh? Well, strap in, my friend, because at Beycome, we’re here to give you the keys to your property palace. We’ve whipped up this snazzy digital platform to help you take control and act as your own agent, sending those pesky commission fees on a one-way trip to Nowheresville.

Our platform’s so user-friendly, it’s like riding a bicycle – a bicycle that sells a property every 40 minutes (no biggie). A

Our platform’s so smooth, it’s like gliding on a skateboard—a skateboard that happens to close a property deal every 40 minutes (no big deal). And hey, if things don’t pan out in 90 days with no contracts or at least a few solid offers, don’t sweat it; we’ve got your back with our guarantee.

But hold up, we’re not done yet! We won’t just ghost you after the sale or purchase. We’ll be your real estate wingman, serving up a 2/3 rebate on that traditional buyer commission (which averages around 2% of the closing price). Ka-ching! That’s extra cashola in your pocket, right where it belongs.

• For a flat fee of $99, beycome offers a comprehensive package that includes:
  • Listing your property on the local MLS
  • Unlimited pictures
  • Unlimited support
  • Active listing until you close or cancel
  • Direct forwarding of all inquiries and leads 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 and disclosures
  • Marketing material
  • 90-day money-back guarantee, unless you close, are under contract, or receive at least two legitimate offers
  • Title option for $199
  • Option for a professional photographer for $189.
  • These are just some of the features included in the beycome package. There are many more benefits to using the beycome platform to sell your property.

**Except Georgia MLS: This MLS requests a mandatory $25 cancelation fee. **Florida, Texas, and Georgia

ListWithfreedom Reviews ⭐⭐⭐⭐

Listwithfreedom offers homeowners a variety of packages that range in cost from $89 to $295. These packages provide comparable services to those offered by other platforms, such as Houzeo. Similarly to beycome, Listwithfreedom offers equal opportunities to homeowners when selling their homes.    

For a $149 flat fee, listwithfreedom offers:

• 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’s packages offer property owners the same opportunities as other platforms Classic Flat Fee MLS providers, including the ability to list their property on the MLS, choose from different term options, select various photo options, and determine the commission for the buyer. These features provide flexibility and control to the homeowner throughout the selling process.

Houzeo Reviews ⭐⭐⭐

Houzeo has received substantial reviews on credible websites like Trustpilot and Google, but it’s uncommon to don’t find reviews on Yelp and Zillow.

As with most platforms, the reviews for Houzeo are mixed, with many customers praising the company’s excellent customer service, easy setup, and ability to modify their listings on the platform easily. However, some customers have reported challenges with MLS support and changes from their assigned real estate agents. Some customers have also reported “hidden fees” that did not match the company’s capabilities.

Some customers have reported unsatisfactory experiences with their assigned agent, including delays in price changes, lack of support, and poor communication. This suggests it’s important to research and validate the company’s reputation and read reviews before signing up for the service. It’s also crucial to ensure that the assigned agent can provide the necessary support and service before signing up, as the experience may vary.

It’s definitely faster than the traditional way of selling a home with an agent, but you may not make as much money.

⚡ Traditional Agent vs. Cash Home buying platforms vs. Flat Fee.

WWhen selling a house, homeowners have various alternatives to evaluate. They can opt for a cash home buying platform, collaborate with a flat-fee real estate agent, or follow the traditional path by hiring a full-service real estate agent. Let’s examine each choice in more detail and draw comparisons.

Traditional Agent Sales:

Using the conventional method to sell a home typically means engaging a full-service real estate agent to manage the entire sales process. In this traditional approach, an agent assists with setting the price, marketing the property, and preparing it for prospective buyers. As compensation for their services, the agent typically earns a commission of about 6% of the final sale price. While having a professional at your side can be beneficial, it’s also more expensive and time-consuming than alternative methods.

Cash Home Buying Platforms:

These platforms cater to homeowners looking to sell their property swiftly and with minimal inconvenience. The process is simple: the homeowner reaches out to the cash home-buying platform, shares basic property details, and obtains a cash offer within a few days. If the offer is accepted, the platform buys the property and finalizes the sale within a few weeks. The benefits of this method include quick transactions, ease, and the option to sell the property in its current condition.

For Sale By Owner Flat Fee MLS:

MLS offers a more affordable alternative to full-service real estate agents and a better value for your home. They charge a set fee for their services, regardless of the final sale price of the property. This means that homeowners can save money on commission fees. However, they may need to handle more work, such as showings and negotiations.

In summary, cash home buying platforms offer speed and convenience but for less money; traditional sales offer comprehensive professional assistance but at a higher cost, and a flat fee MLS offers affordability and professional guidance.

Ultimately, the right approach will depend on the homeowner’s needs and priorities.

Frequently Asked Questions