Homecoin reviews emerges as a noteworthy player for homeowners looking to sell their properties without incurring hefty commissions. This review will cover essential aspects of Homecoin, including its legitimacy, coverage, functionality, packages, user feedback, and how it stacks up against competitors.
What is Homecoin?
Homecoin reviews is a flat-fee Multiple Listing Service (MLS) provider that allows homeowners to list their properties on the MLS for a one-time fee of $95. This service is appealing to sellers who want to avoid the typical 3% commission fees charged by real estate agents. Homecoin operates in 22 states, including major markets like Texas, California, Florida, and Arizona
Is Homecoin Legit?
Homecoin is a legitimate real estate brokerage established in 2011. It offers a flat-fee MLS listing service that allows homeowners to list their properties for a minimal fee of $95. This service is designed for sellers who prefer a hands-on approach and are comfortable managing the sales process themselves.
Homecoin Coverage
Homecoin reviews operates in 22 states, including major markets like Texas, California, Florida, and Arizona. While this coverage is significant, it may not be accessible to all sellers nationwide. Homeowners outside these states might need to consider alternative services which operates across all 50 states.
How Does Homecoin Work?
Using Homecoin is straightforward:
- Sign Up: Pay the flat fee of $95.
- List Your Property: Fill out an online form with property details.
- Customize Your Listing: Optionally add professional photography and other services.
- Get Listed: Your property will appear on the MLS and major real estate websites within 24 hours.
Packages
Homecoin reviews primarily offers one package at the $95 price point, which includes:
- A 12-month MLS listing
- Unlimited photos on the MLS
- Listings on platforms like Zillow and Realtor.com
- Free call and email forwarding
Additional services are available but come at extra costs, which can add up quickly.
Homecoin Reviews and Complaints
Homecoin got 4.6 stars rating and 100 reviews in Google
Homecoin got Positive review:
The reviewer mentions that Homecoin.com provided a great experience when selling a small property. The website was easy to use, and their property was listed on MLS within 24 hours after paying a $95 flat fee. The team responded quickly to their questions, and they would use the service again.
Homecoin got Negative review:
The reviewer strongly advises against trusting the service with credit card information and recommends using a different MLS listing service.
Pros and Cons
Pros
- Cost-effective flat fee
- Quick listing process
- Good market exposure
Cons
- Limited coverage (22 states)
- High add-on costs
- Minimal customer support
Homecoin Competitors
Homecoin faces competition from several other flat-fee MLS services. Key competitors include:
- Houzeo: Offers nationwide coverage with comprehensive support and higher customer ratings.
- Flat Fee Group: Operates in 48 states with more extensive service options.
- Beycome: Provides a similar flat-fee model but with additional features.
Flat Fee Listing Services Near Me
If you’re considering flat-fee MLS services, it’s essential to compare options based on your location and specific needs. Services like Flat Fee Group may offer better support or broader coverage depending on where you live.
Homecoin Reviews: Should You Sell With Them?
Deciding whether to use Homecoin depends on how comfortable you are with managing the home-selling process on your own. If you’re tech-savvy and looking for a budget-friendly option without needing much support, Homecoin reviews can be a great choice, as it allows you to list your property for just $95, helping you save on traditional commissions. Homecoin is a viable option for those wanting to avoid high fees, but it’s important to weigh the pros and cons and think about whether you’ll need extra assistance. As we move into 2024, Homecoin reviews may continue to gain popularity among sellers seeking cost-effective ways to navigate the real estate market.
