Homecoin Reviews: Is This Flat-Fee MLS Service Right For You?

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When selling a house, it’s natural to want to keep as much of the proceeds as possible. Some homeowners decide to sell without a Realtor to save on agent commissions. However, they still want their house to appear on the multiple listing service (MLS), the local marketplace of home listings compiled by real estate agents.

FSBO sellers can pay a flat-fee MLS service company like Homecoin to do this. But is this DIY-friendly option the right fit for your sale?

In this post, we’ll explain how the service works, where the company operates, and how much it might cost. We’ll also look at Homecoin reviews so you know what to expect.

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What is Homecoin?

Homecoin is a flat-fee MLS listing service designed to help homeowners sell their properties without hiring a traditional real estate listing agent. Instead of paying a standard 2.5%–3% listing commission, you can pay a one-time $95 fee to have your property listed on your local MLS.

From there, your home appears on popular platforms like Zillow, Trulia, Realtor.com, and Redfin. Homecoin offers a DIY model — you handle pricing, negotiations, contracts, showings, and disclosures — while gaining broad online exposure for your listing.

The company also offers paid add-ons, such as live support via phone or screenshare, professional photography, and lockbox and yard sign rentals.

Does Homecoin serve your area?

Homecoin currently serves as a licensed broker in 22 states, including:

Arizona Massachusetts New Jersey Texas
California Maryland New York Virginia
Florida Michigan Ohio Washington
Georgia Minnesota Oregon Wisconsin
Illinois Missouri South Carolina
Louisiana North Carolina Tennessee

Because MLS access is regional, Homecoin partners with local brokers in these areas to list your home on the appropriate MLS. If your state isn’t on the list, you’ll need to explore other flat-fee MLS providers that cover your location.

How does Homecoin work for home sellers?

Selling with Homecoin starts with choosing your MLS coverage area and paying a flat fee — currently $95 in most markets. From there, you’ll input your property details, upload photos, and complete required disclosure forms. The listing is then reviewed by Homecoin staff and published on the local MLS and syndicated to major real estate websites.

Unless you pay for extra pro services, you’ll manage all communication with buyers and agents, schedule showings, and negotiate offers yourself.

In addition to lockboxes and yard signs rentals, you can purchase extras like professional contract review, help with disclosures, and direct assistance from a licensed real estate agent, which costs $149 per hour or a flat fee of $2,999.

Example of Homecoin’s user-friendly MLS form interface to enter property information.

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