Unreal Estate Reviews: Evaluating Homeowners’ Experiences
UnReal Estate, formerly known as USRealty, is a Flat Fee MLS firm that caters to house sellers who prefer to manage the home sale process themselves. They provide four MLS packages as well as a Concierge package.
The packages offered by UnReal Estate consist of essential services only, and any additional services, like the Concierge Package, come at an extra cost. In comparison, Houzeo offers higher services for $379, payable at closing. Despite the decreased cost, you get the same exposure while saving thousands on commission.
Is UnReal Estate Legit?
UnReal Estate is a reputable company that was previously known as USRealty. Their services are available nationwide, and they operate under three different names: Unreal Estate LLC, Unreal Estate Inc., and Unreal Estate Brokerage LLC.
The company holds licenses in 33 states along with Washington DC. However, in the remaining 17 states, UnReal Estate exclusively provides brokerage services.
UnReal Estate Locations
UnReal Estate operates across the country, serving home sellers in various states. They adopt multiple names, leading to differences in licensing across 33 states plus Washington D.C.
They provide Flat Fee MLS services in 31 states and Washington, DC, while operating as Unreal Estate LLC. However, they receive their licenses in Illinois, Louisiana, and West Virginia through brokers named Derek Morgan, Loria Hamilton, and David Sweeney, respectively.
They are registered as Unreal Estate Inc. in California and Unreal Estate Brokerage LLC in Texas. They obtain their license in Texas through a broker called Penelope Willhite.
UnReal Estate provides real estate brokerage services in 17 additional states but does not directly supply MLS services. Instead, they outsource MLS listings to third-party brokers who manage them on the sellers’ behalf.
UnReal Estate Cost
UnReal Estate presents four MLS Listing Plans, namely Starter, Basic, Deluxe, and Premium, providing home sellers with the opportunity to undertake a DIY selling process.
Starter – $0
With this particular plan, there is no upfront flat fee, but it is not entirely free. Instead, you pay a 0.5% commission to UnReal Estate at the time of closing.
Basic – $99
The Basic package is priced affordably and provides MLS listing and online leads. However, compared to the competition, it falls short in terms of features.
The package includes all the offerings from the Starter package, along with additional features like lead caller ID, 15 listing photos, 2 listing or pricing edits, and a $0 cancelation fee.
Deluxe – $139
The Deluxe package is priced at $139 and claims to encompass all the necessary elements to successfully sell your home. In addition to the services provided in the Basic package, it also offers the following features:
- Optional For Sale yard sign
- Call forwarding
- 25 listing photos
- 4 listing or pricing edits
Premium – $249
The plan ensures full support from the listing process to the closing phase. Moreover, it goes beyond the services provided in the Deluxe package, offering additional benefits such as:
- Maximum listing photos
- Unlimited listing or pricing edits
- Review of sale agreement forms
- A 30-minute broker form review to assist you further
Concierge Package – $599
UnReal Estate does not provide any information about this package on their website. However, based on their FAQs, it appears to be an add-on package featuring for-sale signs, social media marketing, and other services.
Nevertheless, it’s worth noting that this package comes with a considerable cost increase, making it less accessible to sellers on a budget.
UnReal Estate Listing Process
The UnReal Estate listing process facilitates homeowners in selling their properties FSBO through an online platform. The company’s procedure is as follows:
- Select Your State: Begin by choosing your state and the package that interests you from UnReal Estate’s website.
- Create Your Account: Sign up on UnReal Estate and establish your account to proceed.
- List Your Property: Set the price and specify the buyer’s agent commission. UnReal Estate charges 0.5% of the total commission provided at closing.
- Give Your Property Details: Provide essential information about your house, including its location, square footage, features, and more. Note that changes to your property’s type or category will require a new listing.
- Add Your Home Description: Add detailed information about your home’s features, upload photos, and include descriptive content.
- Make the Payment: Finalize the process by paying for the chosen package and any additional add-ons required to list your house on the MLS.
UnReal Estate Reviews
UnReal Estate has a Google customer rating of 4.6 stars based on 96 reviews. Furthermore, under its previous name, USRealty, the firm had a customer rating of 4.2 stars from 139 reviews on Trustpilot.
Many UnReal Estate and Houzeo reviews emphasize the low cost of their Flat Fee MLS packages. Nonetheless, there have been some concerns about UnReal Estate, notably about variable experiences with their customer service.
UnReal Estate Advantges
UnReal Estate offers various advantages to homeowners who want to control the selling process. Consider the following major benefits:
- MLS Listing: UnReal Estate provides four MLS options, all of which include listing your house on the MLS. It is important to remember, however, that their MLS coverage is available in 33 states plus Washington, DC.
- Nationwide Coverage: UnReal Estate extends its Flat Fee MLS services to 30+ states. For the remaining states, they exclusively provide brokerage services.
- Flexibility in Buyer’s Agent Commission: Upon determining the price of your property, UnReal Estate allows you to choose the buyer’s agent commission, granting you control over this aspect of the transaction.
UnReal Estate Disadvantages
Although UnReal Estate packages offer various benefits for homeowners selling their properties FSBO, it’s essential to be aware of some potential drawbacks. Here are a few cons to consider:
- Basic MLS Packages: UnReal Estate’s packages provide standard listing services, which might not include some advanced features.
- Expensive Add-ons: While their plans may appear affordable, their concierge service comes with a substantial cost of $599. This can significantly increase the overall expenses and make it less accessible to sellers on a budget.
- Concierge Package: Unfortunately, there are no available details about this package on their website, which can make it challenging to understand the full extent of the services offered.
UnReal Estate Alternatives
If the limited services of FSBO didn’t meet your expectations, here are two alternative companies worth considering:
- Houzeo.com: Houzeo offers a combination of maximum savings, advanced technology, top-notch 5-star customer support, and extensive listing exposure. With coverage in 47 states and Washington DC, they provide near-nationwide accessibility.
- Beycome: Beycome stands out with its comprehensive online listing process that allows you to handle everything entirely online. Additionally, you gain complimentary access to all legal forms and disclosures without any extra charges.
Is UnReal Estate Worth It?
While UnReal Estate may appear convenient for selling your house, it does come with a few associated drawbacks. Their MLS services are limited to only 33 states and Washington D.C., while the remaining 17 states rely on their network brokers for brokerage services.
Additionally, the company’s expensive add-ons can significantly increase the overall cost of their services.
On the other hand, Houzeo stands out as the top choice for FSBO listing services. It provides excellent guidance throughout the selling process, making it an ideal option for sellers seeking support.
Houzeo’s Gold Package offers a comprehensive and affordable solution, ensuring a smooth and hassle-free experience when selling your home.
Frequently Asked Questions
1. What is UnReal Estate?
UnReal Estate is a Flat Fee MLS provider that provides house sellers with For Sale By Owner options.
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