Flat Fee Real Estate

What Flat Fee Real Estate does

Flat Fee Real Estate is a privately held, independently owned full-service residential real estate brokerage headquartered in Burlington, Vermont (PO Box 4104, Main Street Landing complex). The firm employs a three-agent team — Robert Foley (Team Leader), Matt Havers, and Kristin Foley — and serves individual buyers and sellers of residential property (single-family homes, condos, investment properties) across Vermont, with active listing coverage across Burlington, South Burlington, Colchester, Essex, Williston, Winooski, Woodstock, Quechee, Waterbury, Killington, and surrounding Chittenden County markets.

The core technology is a Vermont-focused property search platform powered by PrimeMLS IDX (Internet Data Exchange) data, which surfaces comprehensive MLS listings and supports filtering by location, price, beds, baths, and property type. The site, built on Union Street Media's real estate platform, layers in a Home Valuation Tool, a Mortgage Calculator (using the FRED API for current federal rates), an interactive map search, saved searches and favorites with email alerts, and a "How Much Will I Save?" comparison calculator. The firm also maintains content resources (Buyer's Guide, town/relocation pages, blog) and segmented inventory verticals (Luxury, Mountain, Condo) and distributes via social channels (Facebook, YouTube, Twitter, Instagram) plus social-sharing integrations (Pinterest, LinkedIn).

The business model is transaction-based flat-fee brokerage: rather than charging a percentage-based commission, Flat Fee charges a fixed fee for buyer and/or seller representation regardless of the home's sale price, with no upfront fee unless the property sells. Revenue is generated by closing transactions rather than subscriptions or advertising. The firm discloses $22M in total transaction volume of sold properties in 2023, with 16 active MLS listings and 279 closed sales attributable to one lead agent; no formal flat-fee schedule, financial statements, funding, parent company, or M&A activity are disclosed.

Name

Flat Fee Real Estate

Legal name

Flat Fee Real Estate

Website

https://flatfeevt.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Flat Fee Real Estate is a privately held, independently owned full-service residential real estate brokerage in Burlington, Vermont, employing a three-agent team to serve individual home buyers and sellers across Vermont on a flat-fee pricing model rather than traditional percentage-based commissions.

Ownership category

akta.pro rank

Product category

Residential Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Traditional Residential Brokerage (Existing Homes) (BPAJAAAA)

akta.pro secondary industry

Buyer Representation Services (BPAJAAAJ)

Keywords

• Residential real estate brokerage
• Flat fee listings
• Buyer representation
• Seller representation
• Property search portal

Headquarters

HQ city

Burlington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Flat Fee Real Estate Commission: The company charges flat fees for real estate services instead of percentage-based commissions. This model allows them to provide full service brokerage support while charging less than traditional firms that charge based on home price or income level. No upfront fees are charged unless the property sells.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Flat Fee Real Estate provides full-service residential real estate brokerage for buyers and sellers throughout Vermont, charging a flat fee rather than the traditional percentage-based commission. Services include free pricing consultation, professional photography, MLS listing exposure via PrimeMLS, showing scheduling, negotiation, and closing coordination, with no upfront fees unless the property sells.

Product overview

Flat Fee Real Estate is a full-service independently owned real estate brokerage firm operating in Vermont, headquartered in Burlington. The company offers a flat-fee pricing model rather than the traditional percentage-based commission structure, providing buyers and sellers the same full-service brokerage experience at a lower cost. Its core platform is the Vermont Property Search Platform — a comprehensive online search portal powered by PrimeMLS data — which supports all other product lines including Condo Listings by Town, Luxury Property Listings, and Mountain Property Listings. Supporting the core search platform are buyer and seller representation services (Flat Fee Buyer Representation and Flat Fee Seller Representation), the How Much Will I Save Calculator for demonstrating cost savings, the Home Valuation Tool for prospective sellers, and the Mortgage Calculator for financing estimates. The company also provides content resources including the Buyer's Guide to Vermont Property and Vermont Town & Area Information pages, plus user account features enabling saved searches and listing alerts. The firm's $22M in total sold property revenue in 2023 underscores its market presence in Chittenden County and surrounding Vermont markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Flat Fee Seller Representation Full-service seller brokerage for Vermont homeowners, including free pricing consultation, professional photography, online listing, showing scheduling, negotiations, and closing coordination, all for a flat fee with no upfront charge unless the home sells.
• Flat Fee Buyer Representation Full-service buyer agent representation across Vermont, providing property search, negotiation, and closing coordination at a flat fee rather than a percentage-of-sale commission.

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature1 record

Partnerships

One partnership is on record.

• PrimeMLScoreTechnology or IntegrationPrimeMLS provides the Multiple Listing Service data that powers the property search and listing functionality on the Flat Fee Real Estate website. This integration allows the company to display comprehensive Vermont property listings including those from other brokerages through IDX (Internet Data Exchange).

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Compass: National technology-driven brokerage that competes for the same buyer and seller pool as Flat Fee, particularly in markets like Burlington where Compass agents operate.
• Keller Williams Realty: Large franchised residential brokerage with a heavy agent network; competitors in the Vermont market against independents like Flat Fee.
• Coldwell Banker: Established national franchise brokerage with affiliated agents competing for the same Vermont residential transactions, though on a percentage-based model.
• eXp Realty: Large cloud-based brokerage with a low-cap-fee agent affiliation model that competes with local independent brokerages like Flat Fee on cost and flexibility for agents.
• Berkshire Hathaway HomeServices: National residential franchise with affiliated agents operating in the Northeast U.S., including the Vermont region where Flat Fee is based.

Direct peers

• Prevu: Tech-enabled buyer and seller brokerage with a discounted, transparent fee structure serving multiple U.S. metros—an analogous flat-fee alternative to Flat Fee.
• Houwzer: Full-service real estate brokerage that operates on a flat-fee model rather than percentage-based commissions, directly comparable to Flat Fee's core value proposition.
• Clever Real Estate: A flat-fee buyer agent matching platform that connects consumers with agents offering fixed-fee representation—a closely comparable business model to Flat Fee's buyer-representation offering.
• Redfin: National technology-enabled brokerage that offers reduced commission rates versus traditional firms, directly competing with Flat Fee's lower-cost buyer and seller representation model.
• Ideal Agent: Discount real estate brokerage that connects sellers with full-service agents at reduced commission rates—a comparable lower-cost alternative to Flat Fee's model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/FlatFeeVT
• YouTubeyoutube.com/user/flatfeevt
• Facebookfacebook.com/flatfeerealestatevt
• Instagraminstagram.com/flatfeerealestatevt
• LinkedInlinkedin.com/company/flat-fee-real-estate

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Flat Fee Real Estate