Brokerless vs Offerpad | Flat Fee MLS vs iBuyer
Should you sell to Offerpad or list on the MLS with Brokerless? Compare cash iBuyer offers vs full MLS exposure—and see which keeps more money in your pocket.
💡 How Offerpad Works
Offerpad is an iBuyer company that makes quick cash offers on homes. Sellers who choose Offerpad avoid showings and repairs but usually sell at a discount below market value. Service fees and repair deductions are common, which can reduce your net proceeds.
🏡 How Brokerless Works
Brokerless lets you list FSBO on the MLS with a licensed broker for a one-time flat fee. Your property is placed on your local MLS and syndicated to Realtor.com, Zillow, Redfin, and hundreds of IDX sites. Buyer leads go directly to you, and you avoid 3%–6% in listing commissions.
📊 Brokerless vs Offerpad: Side by Side
| Feature | Brokerless | Offerpad |
|---|---|---|
| Sales Price | Market Value | Discounted Cash Offer |
| Fees | Low flat fee | Service fee + repair deductions |
| Exposure | MLS + Realtor.com, Zillow, Redfin, IDX | Private cash offer only |
| Control | You manage pricing & negotiations | Offerpad sets terms |
| Closing Timeline | Flexible | Quick (as little as 10 days) |
✅ Why Sellers Prefer Brokerless
- Keep more equity—no deep discount like iBuyers
- Trusted since 2006
- Nationwide coverage in all 50 states
- Transparent pricing, no hidden fees
- Direct buyer contact, no middleman