Reviewing 72Sold: Flat Fee MLS Service

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selling a home can be exciting and challenging. Choosing the right way to advertise your property is really important to attract buyers and get a good deal. One popular choice is using a Flat Fee MLS (Multiple Listing Service) service.

Today, we’ll take a closer look at 72Sold, a well-known Flat Fee MLS provider. This review will give you a clear idea of what 72Sold offers, how it works, and whether it’s a good option for you. 

Flat Fee MLS Service

A Flat Fee MLS (Multiple Listing Service) service allows homeowners to list their properties on a real estate database for a fixed fee, instead of paying a traditional agent’s commission. 

It helps sellers reach more buyers because the MLS is used by agents and people searching for homes. 

Using a Flat Fee MLS service can save sellers money on commission fees while still getting their home in front of potential buyers.

How 72Sold Work?

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Put Your Home Up for Sale

You sign up on 72Sold.com and share details about your home, like pictures and how much you want to sell it for.

Get Your Home Listed

72Sold.com will list your home on a big website (MLS) that lots of real estate agents and buyers use to find homes.

Attract Buyers

Your home will be seen by many people who are looking to buy a home in your area.

Get Questions from Buyers

Interested buyers or their agents can contact you through 72Sold.com to ask about your home or arrange to see it.

Discuss Offers

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When you get offers, you talk directly with the buyers or their agents to agree on a price.

Pay One Flat Fee

 Instead of paying a real estate agent a big commission, you pay a set fee to 72Sold.com for their help in selling your home.

Feedback on 72Sold

  • Customers like the low cost and simple listing process.
  • They appreciate the helpful customer service.
  • Some mention delayed responses as an issue.
  • A few find the website confusing to navigate.

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72Sold Commission Rate

When you use 72 Sold, they charge a commission of 5% to 6% of your home’s sale price, just like a regular agent would. 

For instance, if you sell your home for $500,000, you’d pay them $25,000 to $30,000 from your profit. 

The website claims they can sell your home for 8.4% to 12% more than a traditional agent, based on studies from 2020-2022. But remember, market conditions can change, so these results might not be the same now.

 

Pros and Cons Of 72Sold

👍Pros 

  • Saves money with a flat fee instead of high commission.
  • Lists your home on the MLS, reaching many buyers.
  • Direct communication with interested buyers speeds up sales.
  • You have more control over negotiations and decisions.

Cons 

  • Some users experience slower response times.
  • The process may be confusing for some sellers.
  • Promised higher sale prices may not always happen.
  • You have more responsibilities during the sale process.

FAQ

Is 72Sold a reliable service for selling my home?

Yes, 72Sold is a reliable service for selling your home because it lists your home on the MLS and saves you money with a flat fee. However, some people say they don’t always get quick help when they need it.

Is 72Sold National?

No, 72Sold primarily operates in select states within the United States. It’s not available nationwide. They operate in 38 states and have some services in Canada as well

 

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