7 min read Apr 24, 2024

Top 5 Discount Real Estate Brokers in Dallas, TX (2024)

From Coppell to Frisco, sellers across Dallas can save thousands on real estate agent commissions. With discount real estate brokers in Dallas, you can slash the traditional 6% rate down to just 2% to 3%.

The current median home price in Dallas is $450,000. The traditional 6% commission will cost you a whopping $27,000. A discount Realtor offers you similar services at just 1.5%. With a competitive buyer agent commission of 2.5%, you now have to pay only a 4% fee. That’s just around $18,000.

You can lower this amount to around $13,500 if you list on the MLS with Houzeo’s Gold plan. You also get the professional services and tools available to real estate agents at a fraction of the cost.

Rankings: Discount Real Estate Brokers and Companies in Dallas, TX

We’ve researched and compiled a list of the best discount real estate brokers for you.

RankDiscount Real Estate Broker / CompanyListing FeeAdditional ChargesMax Savings100% Online5-Star Reviews*Mobile App
1.Houzeo$399
Flat Fee
2.Hometiva$3,495 Flat Fee
3.Flex Group Real Estate1%
Commission
4.SimpleShowing1%
commission
5.UpNest4.3%
Commission or As Decided by the Agent

Reviews: Discount Real Estate Brokers in Dallas, TX

1. Houzeo.com

#1 Discount Real Estate Service

Houzeo.com
Houzeo Logo
  • Listing Fee: $399
  • Available nationwide
  • 5 Stars 4.9/5 (8,400+ Reviews)

Houzeo is a top technology-driven real estate platform. It offers 4 different packages:

  • Bronze Package ($399): List your house for 6 months. You can upload 24 house photos.
  • Silver Package ($399+0.5% at Close): List your home for six months and post maximum photos. Unlimited open houses and listing modifications are included in this package.
  • Gold Package ($429+0.5% at Close): This gives you all the benefits of the Silver package. It also provides licensed broker assistance, contract review, etc.
  • Platinum ($449+1% at Close): This package offers virtual full-service support with a licensed broker. You can list for 12-month. Brokers assist you in negotiations, disclosures, and closing.

👉 Our Take: We recommend Houzeo to all home sellers. The company has an excellent customer rating of 4.9 out of 5 stars. It has extensive coverage across 47 states + DC, a feat achieved by only a handful of other services.

» Houzeo Reviews: Houzeo is 100% online. You can finish listing formalities within 60 minutes.

These are the key features that make Houzeo one of the top discount real estate brokers:

  • Significant Commission Savings: You will pay just a small flat fee to list on MLS. On average, home sellers who used Houzeo saved $11,490.
  • No Hidden Fees: All costs are disclosed upfront so you don’t have to worry about hidden charges.
  • Near Nationwide Coverage: Houzeo operates in 47 states and DC, with ongoing plans for expansion.
  • Max Exposure: Houzeo packages give you access to renowned MLS companies.
  • Advanced Technology: Eliminate the hassle of extensive paperwork. E-signature and online forms make house listing quick and easy.
  • 5-star Customer Service: Dedicated customer support addresses your every concern easy.
  • Mobile App: Houzeo’s mobile app lets you manage showing requests from verified buyers and buyer agents. You can either accept, reject, or reschedule showings at your convenience.

There are no dealbreakers with Houzeo.

» Houzeo Reviews: Houzeo is rated “Excellent” by 8,400+ happy customers on Google Reviews and Trustpilot!

Houzeo Reviews: With over 8,400+ happy customers, Houzeo is the most trusted discount real estate broker.

Houzeo.com is Dallas’s #1 ranked Flat Fee service. Houzeo provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology.

Houzeo’s Bronze Package is priced at $329+, the Silver Package is priced at $399+, and the Gold at $379 + 0.5% (Minimum $999) at closing. Sellers can ask for the full-service Platinum package which costs $349 + 1% (Minimum $999) at closing.

2. Hometiva

GREAT LOCAL EXPOSURE

Hometiva
logo image
  • Listing Fee:$3,495 Flat Fee
  • 5 Stars  5.0/5.0 (120+ Reviews)

Hometiva is a full-service discount brokerage. It offers 3 flat fee packages with identical services like in-home consultation, market analysis, professional photographs, etc. The price of these packages varies based on your home listing value.

For Home Sellers

  • Flat Fee Package ($3,495): This package applies to the houses listed up to $325,000.
  • Flat Fee Package ($3,995): Homes listed between $325,000 to $900,000, will have to opt for this package..
  • Flat Fee Package ($4,995)This package applies to homes listed above $900,000.

For Home Buyers

  • Buyer Rebate: It offers a home-buying program based on negotiations with the agent.

👉 Our Take: Hometiva is a great option for home sellers in Texas. The buyer rebate depends on the discussion with the agent. There is a possibility that you may get a lower rebate compared to another discount brokerage.

Hometiva offers the following advantages:

  • Market Exposure: Your property is featured on the biggest real estate platforms like Zillow, Trulia, and Realtor.com.
  • Agent Management: One agent is assigned who will address all your queries throughout the process. This ensures multiple people are not involved, and the seller gets the utmost attention.
  • Good Customer Reviews: As per Hometiva reviews, most of the customers have appreciated their negotiation and communication skills.

Hometiva offers certain disadvantages:

  • Limited Coverage: Hometiva offers its services in Texas across 19 cities and counties. This includes Frisco, Dallas, Irving, etc, and other surrounding areas.
  • Higher Listing Fee: You pay a higher commission for a less-valued house. For instance, for a house worth $300,000, you pay $3,495 instead of a lower flat fee. This means you are paying more than 10% of the listing price.

Hometiva has a rating of 5 out of 5 stars on Google.

Hometiva has excellent customer reviews. The whole process, from listing to closing, is managed by a single agent. This ensures that you receive undivided attention during the transaction.

Hometiva is available only in a few Texas cities. Moreover, their flat fee package is suitable only for high-priced homes.

3. Flex Group Real Estate

SUBSTANTIAL SAVINGS

Flex Group Real Estate
Flex Group Real Estate Dallas TX
  • Listing Fee: 1% of the sale price
  • 5 Stars5/5  (35+ reviews)

Flex Group Real Estate is a discount real estate brokerage. By providing a low-commission service, they help their clients to sell their property cheaply and quickly.

For Home Sellers

  • 1% Commission: It includes professional photography, yard signs, paperwork assistance, and online marketing through MLS, Realtor.com, Zillow, Trulia, and many more.

For Home Buyers

  • Buyer’s Rebate: They provide eligible buyers 0.5% of their buyer’s agent commission as a rebate.

👉 Our Take: Flex Group Real Estate offers a good set of features for both home sellers and buyers. Their full-service model and low agent commission make them an ideal pick for home sellers.

Here are some advantages of choosing Flex Group:

  • Home Search Feature: Flex Group Real Estate has a home search feature on its website. Home buyers can use this to search for homes based on their requirements.
  • Mortgage Calculator: Their website also features a mortgage calculator that gives buyers a good idea of the mortgage they will have to bear depending on the home price.
  • Qualified Local Agents: They have qualified agents that will help you at every step. They also provide agent directory for detailed information about their agents.
  • Good Customer Feedback: Flex Group Real Estate has received 5-star ratings on Google.

Here are some red flags you should consider before choosing them:

  • Not Fully Online: Flex Group is not 100% online which makes the process manual and time-consuming. You’ll have to conduct tours and communicate with buyers on your own. This may not be ideal for you if you are a first-time seller or lack time to manage your property sale.

Flex Group Real Estate has an average rating of 5 out of 5 stars on Google.

Flex Group Real Estate offers services for both home buyers and home sellers. Services like MLS listing, paperwork assistance, home search feature, and many more.

However, they are not completely online so the process becomes difficult and time-consuming.

4. SimpleShowing

MAXIMUM SAVINGS

Simple Showing
simpleshowing logo
  • Listing Fee: 1% of Sale Price
  • Restricted coverage
  • 5 Stars 5/5 (142+ Reviews)

SimpleShowing is a percentage-based discount broker which offers the house listing services at 1%.  It also offers to pay 1% of the closing costs or $5,000 cashback on such costs.

👉 Our Take:  The fixed 1% listing commission may be expensive if you have a less-valued home, say $150,000-$200,000. Instead, you should look for a flat fee pricing model.

SimpleShowing offers the following advantages:

  • Professional Photography: They arrange for professional photography and videos of home with no additional charge.
  • Local Agent: The agent will assist you right from valuing your home till closing.

SimpleShowing offers the following disadvantages:

  • Not the Best Agents: SimpleShowing might not be able to match you with the best agent.
  • Limited Coverage: It provides services in only 3 states – Florida, Texas, and Georgia.

SimpleShowing has a 5 out of 5 stars rating on Zillow.

SimpleShowing is headquartered in Atlanta. It is a licensed brokerage in Georgia, Florida, and Texas.

It has a 5-star rating and a team of experienced local agents. However, with their limited coverage and agents, they might not serve all your requirements.

5. UpNest

Negotiable FEES

UpNest
Upnest logo
  • Listing Fee: 4.3% of the Sale Price (or as decided by the agent)
  • Available in all major cities
  • 4.75 Stars  4.7/5 (295+ Reviews)

UpNest is a marketplace that connects home sellers and buyers with local agents.

  • Pricing: UpNest does not charge you any upfront fee. It allows their agents to discuss the pricing with you like commission, fees, discounts, etc.

👉 Our Take: UpNest introduces you to 2 to 3 agents once you register on their platform.

» Is UpNest Legit? Find out if UpNest can be the best option for your house sale.

UpNest offers certain advantages:

  • No Fees: UpNest does not charge you an upfront commission. Instead, you are introduced to an agent to discuss the services and commissions.
  • User-Friendly Dashboard: It has a user-friendly dashboard which makes it easy to compare agent profiles.
  • No Obligation Service: UpNest connects you with multiple agents as soon as you sign up with them. If you are not satisfied, then you can simply walk away.
  • Nationwide Coverage: Prevu offers service throughout the US. It connects you with the local agent who has current market insights.

» What is UpNest? Read the comprehensive study for UpNest to learn more details!

UpNest has certain disadvantages:

  • Lower Savings: The commission depends on your negotiation with the agent. A higher commission fixed would make you pay more.
  • Uncertain Customer Service: Some customers share feedback of agents being extremely helpful and knowledgeable. However, less experienced agents struggle to answer simple questions.

» How Does Upnest WorkAgent-matching at UpNest is pretty straightforward. Check it out!

UpNest has a rating of 4.7 out of 5 stars on Google.

» UpNest Reviews: How Much Will it Save You in 2023?

UpNest connects you with agents in your area by utilizing technology and market data. They partner with top agents from leading national brokerage firms across the U.S.

However, your savings are not guaranteed. Your ability to negotiate would be the key factor in the deal. In other words, you may end up paying more commission, or discount rates won’t go low as you expected.

What Are Discount Real Estate Brokers and Companies?

Discount real estate brokers are companies or agents who sell your home for less than the standard 2.5% to 3% commission. Such low-cost real estate agents typically offer the same services for reduced fees of 0.5% to 2% or a flat fee.

How Much Can I Save With a Discount Realtor in Dallas?

As a seller, you can save anywhere between $10,000 and $20,000.

Typically, home sellers pay a total of 6% as Realtor commissions to both the listing agent and the buyer’s agent. Whereas, with discount real estate brokers you can pre-negotiate this at 1% to 2%.

As a home buyer, you get a buyer’s rebate – a type of cashback received after the sale. A typical buyer rebate is 1% to 2% of the home’s purchase price. For example, Redfin offers a buyer rebate of 0.5% to clients who sell and buy with Redfin within 1 year.

Types of Discount Brokers in Dallas

The four major types of real estate discount brokerages and companies in the Big D are as follows:

1. Flat Fee MLS Companies: Flat Fee MLS companies get you on the MLS for a small flat fee, saving you thousands in commissions. The best Flat Fee MLS listing companies like Houzeo can get you on the MLS within 24 hours, or even faster!

2. Flat Rate Full-Service Companies: These companies charge a fixed fee instead of the regular 3% commission. This amount can be anywhere between $3,000 and $5,000. A flat-rate Realtor is perfect for homes priced on the higher end.

3. Low-Commission Estate Agents: Low-commission discount brokers offer full-service packages at only 1% or 2% of the usual fee. They cover everything from listing to negotiations and pricing. They are also called 1% commission Realtors or 2% commission brokers, etc.

4. Virtual Full Service: A virtual full-service discount broker handles everything online. All services, including negotiation and marketing support, are at no additional cost.

Pros and Cons of a Discount Realtor

Here are the pros and cons of discount Realtors:

Pros

  • Reduced Fees: You’ll pay less for listing agent fees. While standard brokers typically charge at least 3%, discount brokers may charge as little as 0.5% to 1%.
  • Full Access to Basic Services: You receive the same services as you would with a traditional agent. They assist with home pricing, marketing, and negotiations.
  • Streamlined Process: A low-cost Realtor provides similar services as traditional agents. They streamline the process of listing your property on the MLS, marketing the property, negotiating offers, and assisting with paperwork.

Cons

  • Not Enough Savings: Some discount brokerages may charge hidden fees or sell their services a la carte. This might add to your expenses.
  • Not for First-Time Sellers: Most discount real estate brokerages are digital, so you rarely talk to anyone in person. A first-time seller or buyer who needs some hand-holding may not be able to get benefits.
  • Lack of Personal Attention: Discount Realtors handle multiple clients at once to make up for the reduced commission rate. They may not be able to provide personalized services.
  • High Cancellation Fee: A discount realty company can charge a minimum withdrawal fee within a specified period. Remember to carefully review the terms and conditions of the contract before signing.

Who Should Use a Discount Broker?

Discount brokers are ideal for:

  • Sellers on a Tight Budget: Homeowners who wish to save money should list with a low-fee Realtor. This can help them save big. 
  • Real Estate Investors: Real estate investors who frequently trade homes can benefit from low-commission discount brokers.
  • House Flippers: Home flipping is a strategy where an investor purchases a property to renovate it and sell it for a profit. Home flippers can save thousands on agent commissions by selling via discount brokers.

Alternatives to Discount Real Estate Agents in Dallas

Here are some options if you do not want to opt for a discount Realtor in Dallas:

  • List With a Full-Service Realtor: If you need hand-holding, we recommend you hire a full-service, in-person Realtor. You’ll get all the professional help you need, but you will end up paying a full 5% to 6% commission.
  • Sell to an iBuyer: Many iBuyers, like Opendoor and Offerpad, purchase hundreds of homes in Dallas markets. iBuyers can be a great option if you want to sell your house fast in Dallas.
  • Sell to Cash Home Buyers: Individual cash home buyers and companies make all-cash offers, usually within 24 to 48 hours. Cash buyers let you skip the hassle of listing on the MLS, inspection, appraisal, etc.
  • Sell For Sale By Owner: For Sale By Owner websites in Texas will help you list and sell a house by owner and save thousands in listing agent commission.

Are Discount Brokerages Worth It?

YES! There are various advantages to using a low-cost real estate agent. Using an affordable brokerage can save you at least $8,000 to $10,000.

There are several discounted real estate brokers on the market today, each with its own advantages. Before you choose one, examine factors such as listing fees, listing time, services provided, customer service, and coverage.

With Houzeo, you can get your home on the MLS in 24 hours for a small flat fee. You also get extra savings and services like access to an offers dashboard, showings management, and more.

Eager to Know How Houzeo Works?

Houzeo is the #1 For Sale By Owner website in the U.S. Check out the following video to understand how Houzeo would help you crack the deal faster in 5 steps.

How to List on MLS With Houzeo?

5 Easy Steps to List on MLS with Houzeo as FSBO

Start Your MLS Listing NOW!

» Need More Clarity? Read these exclusive Houzeo reviews and learn why the platform is the best in America’s competitive housing market.

Frequently Asked Questions

Who are the best discount real estate brokers in Florida?

Houzeo.com and Redfin are the top discount real estate brokers in Florida.

How much is the real estate agent fees in Dallas?

On average, traditional agents in Dallas, charge 5% to 6% of the sale price as commission. On the other hand, discount real estate brokers charge 1% to 3% commission.

How do I find low cost discount Realtors near me to sell my home?

You could do a Google search, go with an agent from one of the national discount brokers like Redfin, or list your home using Houzeo. With Houzeo, your home will be listed on the MLS without the added expense of a listing agent.

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