Maximize Your Profits With Falaya
Investor Benefits
Maximized Savings
The lack of hefty real estate agent commission fees means you get a higher return on investment for every property sold,
Listing Exposure
Your investment property on the MLS, Zillow, Reraltor.com, Trulia, Redfin, and more to reach countless potential buyers no matter where they are searching online.
Transaction Management
Your dedicated transaction coordinator works to route leads, present offers, and update tasks for you from listed to sold.
Efficient Tech Tools
Use Falaya’s custom investor tools for easy listings, swift offer response, update task tracking, and automated document handling.
Full Control
Maintain total control over your transactions while gaining complete transparency, empowering you to make quick decisions from pricing to negotiations.
Falaya Mobile App
Manage your real estate deals on the go with our user-friendly moble app, designed for convenience and accessibility from anywhere at any time. It’s the power of Falaya in the palm of your hand.
Our Pricing
Our listings start at a low flat fee and licensed agents are available for a low flat fee per service if you need extra support during the process.
Basic Plan
Everything You Need To Do It Yourself
$500
+ $500 at closing
Professional Plan
DIY With Contract Support From Falaya
$500
Most Support
Premium Plan
Dedicated Real Estate Team For Your Listing
$250
How It Works
Falaya is not just a listing platform. We are a closing platform.
The thoughtful combination of revolutionary technology and overwhelming support allows you to seamlessly progress from list to close efficiently and effectively.
Create A Listing
Listing Goes Live Online
Go Under Contract
Close The Deal
See our customer testimonials
Falaya Frequently asked questions
How does selling with Falaya save me money?
What does the Basic Package include?
What does the Professional Package Include?
What does the Premium Package include?
How do I list my property with Falaya?
If I start entering my home, will buyers immediately see it?
Does Falaya provide professional photography?
How do I determine the listing price of my home?
How quickly can my listing go live to the public?
How does the buyer’s agent commission work?
How do the Realtor On-Demand services work?
Learn About Flat Fee MLS Listings In Illinois
What Does MLS Mean in Real Estate?
Fun fact
How To List On The MLS In Illinois
There are different ways you can get a property on the MLS in Illinois, but they all consist of partnering with a licensed real estate agent that has access to the MLS that is appropriate for your local area.
- Hire a real estate agent or Realtor
Your real estate agent will put your property on the MLS for you and perform other real estate related functions for a commission of typically 2.5 – 3% of the sale price at closing
- Use a flat fee MLS listing broker or service provider
Flat fee MLS service providers put your listing on the MLS for you for a flat fee. The cost of working with a flat fee MLS listing provider in Illinois can range from less than one hundred dollars to thousands of dollars. Why such a wide price range? Well it usually has to do with the level of service they provide on top of listing a home on the MLS
Fun fact
How Does Listing On The MLS Help You Sell Your Home In Illinois?
Listing your property on the MLS makes a tremendous difference compared to traditional for sale by owner (FSBO) listings. With the vast number of websites like Zillow, Realtor.com, Redfin, and Trulia, for sale by owner (FSBO) sellers in Illinois are at a significant disadvantage compared to MLS listings when it comes to marketing a home for sale.
A for sale by owner (FSBO) seller can spend hours to list their property on just a couple of sites, but anyone with the ability to create an MLS listing can put the information in once and instantly have that listing displayed no matter where buyers are searching online. This is a big reason why FSBO fails and leads many to use a realtor anyway.
What Is a Flat Fee MLS Listing?
A flat fee MLS listing is also called a limited listing. Companies like Falaya agree to list a property on the MLS for the seller at a low fixed price rather than charging a percentage commission at closing. There are a lot of reasons to use a flat fee broker, but here are some pros and cons:
Pros:
- Avoid real estate agent commissions to save money selling a house.
- List property on the MLS and get maximum exposure for your listing to potential buyers.
Cons:
- Limited support and communication from the listing broker or real estate agent.
- Limited access to Illinois real estate documents needed to properly sell a house.
- Potentially miss out on buyer leads that choose to contact the listing broker rather than the home seller.
Fun fact
What is For Sale By Owner (FSBO) in Illinois?
Simply put, any home seller that is not represented by a real estate agent is a for sale by owner (FSBO) seller. For sale by owner (FSBO) is a strategy that homeowners typically use to avoid paying realtor commissions when selling a house.
Pros:
- Avoid realtor commissions to save money selling a house.
- Complete seller control over the sale of a property.
- Ability to negotiate directly to come to more creative solutions.
Cons:
- Lack of online exposure makes it difficult for potential buyers to find your property listing.
- Lack of experience leads to potentially costly mistakes.
- Lack of access to Illinois real estate documents that are needed to successfully sell a home.
Fun fact
What is the difference between For-Sale-By-Owner and a Flat Fee MLS Listing?
How much does it cost to sell a house in Illinois?
The cost of selling a property in Illinois can vary widely depending on which home selling option you choose for your listing:
Traditional Realtor Model
Sellers can expect to pay 5% – 6% in commissions to traditional real estate agents.
Flat Fee MLS Listing Model
Sellers can expect to pay $250 – $2,500 depending on the level of service the listing broker provides.
For Sale By Owner (FSBO) Model
Sellers can expect to pay $0 – 4% depending on whether or not the seller agrees to pay the buyer agent commission or agrees to dual agency with the buyer’s agent.
Why Should Home Sellers In Illinois Choose Falaya’s Flat Fee MLS Listing Service?
There are three reasons why listing with Falaya can benefit anyone looking to sell a home in Illinois:
1. Cost Control
Falaya offers customizable pricing that includes three package options and multiple on-demand realtor services to give sellers in Illinois the ability to control their costs while choosing the amount of support they desire.
2. Transaction Management
Each real estate listing on Falaya is assigned a transaction coordinator who works alongside the seller to route all leads and offers, assist with real estate documents, and ensure a smooth transaction from listed to sold.
3. Seller-Focused Technology
The Falaya mobile app allows you to manage your flat fee MLS listing from anywhere at any time. Follow up with leads, respond to offers, and keep track of tasks created by your transaction coordinator from anywhere at any time.