BREAKING NEWS: Post the NAR Settlement, Greenville discount real estate brokers can save you almost the entire 6% commission. That translates to saving up to $28,200 in commission on an average $470,000 Greenville home.
Whether you’re selling a house in West Greenville or Haywood Road, the best discount real estate brokers in Greenville will help you save on the 3% listing agent commission. And an additional up to 2.5% to 3% on the buyer agent commission! That’s a cool $28K on an average Greenville home.
Rankings: Top 5 Greenville Discount Real Estate Brokers
We’ve listed the top 5 discount real estate brokers in the Textile Capital of the World based on how much you can save on an average $470,000 home.
Rank | Discount Real Estate Broker / Company | Listing Fee | Max Savings | 100% Online | Mobile App |
---|---|---|---|---|---|
1. | Houzeo.com | $399 Flat Fee | ✅ | ✅ | ✅ |
1. | Flat Fee Realty | $299 Flat Fee | ❌ | ❌ | ❌ |
2. | 1% Lists Carolinas | 1% Commissions | ❌ | ❌ | ❌ |
4. | Trelora | 1% Commissions | ❌ | ❌ | ✅ |
5. | Redfin | 1% Commissions | ❌ | ❌ | ✅ |
Types of Real Estate Discount Brokers in Greenville
There are two types of Greenville discount real estate brokers:
- Flat Rate Discount Brokers: Also called Flat Fee MLS companies, these discount realty services let you list your home for a fixed upfront fee. A Flat Fee MLS South Carolina listing service costs between $399 to $4,000.
- Fixed Percentage Discount Brokers: These discount Realtors charge a fixed percentage of the home’s sale price. Typically, it is anything lower than the traditional 3% fee: 1%, 1.5%, 2% or 2.5%, etc.
Reviews: 2 Best Flat Rate Discount Real Estate Companies in Greenville
1. Houzeo.com: Max Savings, No Hidden Fees
#1 Discount Real Estate Service
Houzeo.comHouzeo is a top technology-driven real estate platform. It offers 4 different packages:
- Bronze Package ($399 + $350 at Close): List your house for 6 months. You can upload 24 house photos.
- Silver Package ($399+0.5% at Close): List your home for 6 months and post maximum photos. Unlimited open houses and listing modifications are included in this package.
- Gold Package ($429+0.5% at Close): This package offers all the benefits of the Silver package, as well as licensed broker assistance, contract review, and more.
- Platinum Package ($449+1% at Close): This package offers virtual full-service support with a licensed broker. You can list for 12 months. 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 the MLS. On average, home sellers who used Houzeo saved $12,511.
- 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 easily.
- 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.
- Home Value Estimator: Houzeo’s Home Worth Estimator is online and quick to know the FMV of your home. It provides free home value estimate within 30 seconds.
There are no dealbreakers with Houzeo.
» Houzeo Reviews: Houzeo is rated “Excellent” by 10,000+ happy customers on Google Reviews and Trustpilot!
Houzeo Reviews: With over 10,000+ happy customers, Houzeo is the most trusted discount real estate broker.
Houzeo.com is South Carolina’s #1 ranked Flat Fee MLS service. Houzeo provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology.
2. Flat Fee Realty
Affordable MLS Listing
Flat Fee RealtyFlat Fee Realty provides a single MLS package, with prices varying based on the state.
- Package: In most states, the price starts at $199 + 0.25% listing broker fee at closing. The package includes a 6-month listing term with six photos. By paying an extra $50, you can add up to 25 photos.
👉 Our Take: Flat Fee Realty is affordable. However, the extra costs for upgrades and limited features may not fit all sellers’ needs. It can be a good option for land and lot owners.
Based on our research, the benefits of Flat Fee Realty are:
- Refund Policy: You can request a refund within 30 days of purchase, as long as your property has not been listed on the MLS.
- Affordable Plan: Their flat fee package is budget-friendly compared to competitors. It is a good option for land and lot owners.
- Disclosures: State-specific disclosures are included with every listing.
- Market Exposure: Your home gets listed on the local MLS and displayed on all major real estate websites like Realtor.com, Zillow, Trulia, etc.
In our research, we found some red flags of Flat Fee Realty, that could make your experience less satisfactory.
- Limited Reviews: Even though Flat Fee Realty has been here since 2006, it has no credible reviews.
- Fixed Package: No customization is offered beyond the basic listing package.
- Not 100% Online: It is not fully online, causing potential delays in listing.
- Additional Fees: You need to pay an additional $50 to upgrade your listing with extra photos.
In our research, we have not found any credible reviews for Flat Fee Realty.
Flat Fee Realty covers 46 States across the U.S. In South Carolina, they charge a Flat Fee of $299 that covers listing fees and property photo uploads.
However, the listing agent retains 0.1% of the buyer broker’s commission. Also, there are no variations in the package or add-ons available.
Reviews: 3 Best Fixed Percent Discount Brokers in Greenville
3. 1 Percent Lists CSRA
LOCAL EXPERTS
1 Percent Lists CSRA1 Percent Lists CSRA is a franchise of 1 Percent Lists and covers the SC-GA region. They use cutting-edge marketing strategies to save thousands of dollars for sellers.
- 1% Commission: The commission is charged upfront, and there are no hidden charges. Their service package includes MLS Listing, showings, marketing, managing inspections and appraisals, dealing with paperwork, and handling negotiations.
👉 Our Take: 1% Lists CSRA can be a cost-effective option to get a full-service package. However, they have limited coverage and do not offer services to home buyers.
1 Percent CSRA offers certain advantages:
- Market Exposure: They give more market exposure to sellers by listing on the MLS, Zillow, Trulia, and other real estate platforms.
- Low-Cost Full Service: They offer the same real estate services as a standard realtor but at a fraction of the cost.
- Digital Marketing: Innovative marketing strategies that leverage social media platforms are their strength.
- Contract Negotiations: They negotiate with the buyer to get the best value for the seller’s property.
- Advanced Technology: Electronic document transfer and Bluetooth lockboxes show the company’s reliance on technology.
1 Percent Lists CSRA has certain disadvantages:
- Limited Coverage: They currently cover only Columbia County, Richmond County, and the Augusta area in the SC-GA region.
- Low Credibility: The company has around 30 reviews on Google. Its credibility cannot be ascertained on the basis of a few reviews.
- No Buyer Support: 1 Percent Lists CSRA isn’t a buyer-focused platform, and it offers no significant benefits for home buyers.
1 Percent Lists CSRA has a 5-star rating on Google.
1 Percent Lists CSRA is a discount real estate brokerage based in South Carolina and Georgia. Their low commission model along with the services is what makes them stand out.
However, their coverage is limited and so is their customer base.
4. Trelora
FULL-SERVICE REALTY
TreloraTrelora is a full-service realty. It simplifies home ownership and makes real estate transactions transparent and fair.
- 1% of the Sale Price at Closing: Trelora lists and advertises your home on multiple marketplaces at just 1% of the sale price, which is typically a minimum of $3,000.
- 1% Buyer Broker Commission: Trelora offers just 1% buyer broker commission, with an option to cancel anytime until you go under contract.
👉 Our Take: Trelora is a good choice for sellers who prioritize savings and simplicity, but those who need hands-on agent attention may want to consider alternatives.
Here’s what makes Trelora a suitable option for your real estate transaction:
- Market Exposure: Along with the local MLS, your listing will also be advertised on sites like Realtor.com, Zillow, Trulia, etc.
- No Hidden Fees: Trelora doesn’t charge any hidden fees. The cost of all their services is included in the 1% of the sale price.
- Professional Photographers: Trelora’s listing package includes professional photography of your house to highlight its features.
There are some disadvantages of Trelora that you should consider, including:
- Lack of Personalized Support: Trelora might be less suitable if your situation is complicated and requires more personalized support.
- Limited Coverage: Trelora is available only in Arizona, California, Colorado, Georgia, Illinois, North Carolina, South Carolina, and Washington.
- Weak Customer Support: Customers have experienced a lack of clear communication while working with Trelora agents.
Trelora has an average rating of 4.3 out of 5 on Yelp.
» Trelora Reviews: Check out the customer reviews that can help you know more about Trelora.
Trelora is a real estate website that puts home sellers, agents, and buyers under the same roof.
Their agents handle multiple clients at a time. This could lead to miscommunication and a lack of personalized support.
5. Redfin
Best-In-Class Agents
Redfin.comRedfin is the largest discount real estate company. Its premier agents, with years of experience, help you buy and sell high-end homes.
- Listing Price: Redfin charges a 1% listing fee if you want to sell a house and buy your next one with them. It charges a 1.5% listing fee if you decide to just sell your house with Redfin.
👉Our Take: Redfin is a technology-based platform. You can expect transparency and an accurately managed database. However, you may not get complete attention due to their high customer volume.
» Is Redfin Legit? Check the legitimacy of Redfin’s discount broker services
Redfin offers:
- Competitive Pricing: You pay a listing fee of 1% if you decide to sell and buy with Redfin.
- Updated Technology: Redfin provides a mobile app, 3D walkthrough, relevant filters, etc. This makes the real estate transaction seamless.
- National Presence: Redfin covers 80+ markets in the US.
» Redfin Pros and Cons: Read about the advantages and drawbacks of Redfin services.
The disadvantages of using Redfin are:
- Pricing Inaccuracy: Many sellers have complained about certain factors like, lot area, a gated compound, or a city location not getting considered during valuation.
- Long Time for Listing: As per Redfin’s agreement, it takes almost 15-18 days to verify the seller’s property and list their house.
- Lack of Customer Service: There has been negative feedback about lack of personal attention by Redfin salaried agents.
Redfin has an average rating of 3.4 out of 5 stars on Yelp and average 3.7 out of 5 stars on Google.
» Redfin Reviews: The reality of 1% fees, pros, cons, and alternatives!
Redfin, founded in Seattle in 2002 by Mr. David Eraker, covers 80+ markets in the US.
It provides an elaborate listing agreement with a marketing plan for your home. However, this agreement specifies a long 18-day timeframe for listing your property on the MLS. Additionally, some customers have expressed concerns about the non-availability and unprofessionalism of their agents.
Discount Real Estate Brokers Greenville: How Much Will You Save?💲
Greenville discount brokers can help you save almost the entire 6% commission, depending on your home’s worth.
If you choose a 6% full-service Realtor, you’d pay $28,200 to sell an average $470,000 house in the Textile Capital of the World. But, if you choose a flat-rate broker company, you save thousands. With Houzeo’s Gold plan, you only pay $2,779 and save $25,421!
NAR Settlement Saves Sellers Thousands in Commission
The NAR Settlement went into effect on August 17, 2024. Buyer agent commissions can no longer be offered on the MLS. This means sellers will save thousands! But it also means there’s a lot more compliance and litigation risks.
Here’s what this means for you:
- Sellers Can Save Thousands in Commissions: You will likely be paying much less than the traditional 3% buyer agent commission. That’s because buyer agent commissions will be negotiated twice: Once when buyers engage Buyer Agents and again when sellers review offer contracts.
- Seller Priority #1 Will Be Paperwork (to Mitigate Compliance & Litigation Risks): Buyer agents mitigate all types of risks. From seller disclosures, offer contracts, contingencies, inspections, repair requests, appraisal, and closing – Buyer agents keep the paperwork tight. Their state licensing authorities, Realtor associations, and MLS’ audit paperwork compliance. Without buyer agents, sellers will have to learn and adapt. Or risk expensive litigation.
- Negotiations Can Now Feel Like Haggling: Buyer agent commissions will now be part of offer contracts and buyer agency agreements. Buyers may ask sellers to include commissions in the form of seller concessions. That means home buyers and sellers alike will be negotiating commissions. Sellers will need expert licensed brokers to help them with these negotiations.
- Buyer Agent Commissions Can Be Offered Offline: Buyer agent commissions can still be offered outside of the MLS. They just cannot be advertised on the MLS.
Lara Shane Saved $24,000 With Houzeo, You Can Too!
Start Your Home Selling Journey
Discount Realtors in Greenville: Pros and Cons
Even though cheap Realtors in Greenville will save you thousands in commissions, you should consider the advantages and disadvantages of hiring one:
Pros ✅
- Sell Home for a Discounted Fee: You’ll pay less fees for a discount real estate listing in Greenville than a 6% Realtor. Even if you only want to list your home on South Carolina MLS, you pay a much lower fee than the typical 3% listing agent fee.
- Receive Full-Service Realtor Services: Discount real estate agents in Greenville will provide the basic services that any traditional agent would. This includes assistance with pricing your home, marketing, paperwork, and negotiations.
Cons ❌
- You May Become a Victim of Hidden Fees: Some discount brokerages in Greenville may charge hidden fees or sell essential services a la carte. Beware of shady discounted agents who lure you in with significantly low fees. Do your research and look at the best discount realtors in SC.
- Unreliable Service Quality: Discounted real estate brokers in Greenville handle multiple clients at once to make up for the reduced commission rate. They may not be able to provide personalized assistance all the time.
- High Cancellation Fees: An MI discount real estate broker can charge a minimum withdrawal fee within a specified period. Remember to carefully review the terms and conditions of the contract before signing.
Alternatives to Discount Real Estate Agents in Greenville
Here are some options if you do not want to opt for a discount Realtor in Greenville:
- Sell Your Home For Sale By Owner: In a FSBO sale, you’ll have to opt for “DIY” marketing strategies like using FSBO signs, word of mouth, open houses, etc. But your listing won’t be on Zillow, Trulia, Realtor.com, and Homes.com! Meanwhile, FSBO websites in South Carolina will help you list on the MLS and increase exposure.
- Sell Your House to Cash Buyers: Almost all cash buyers in Greenville scour the MLS for Greenville homes for sale. This includes iBuyers, investors, and home flippers.
- Sell With a Full-Service Realtor: If you are not interested in saving your equity, you can hire a full-service, in-person Realtor in Greenville. You’ll end up paying a full 5% to 6% commission. That’s $28,200 on a $470,000 home gone!
Frequently Asked Questions
Who are the best discount real estate brokers in Greenville?
Houzeo.com and Flat Fee Realty are the top discount real estate brokers in Greenville. Both provide an incredible combination of savings and technology. However, Flat Fee Realty has only 10 reviews while thousands of sellers have rated Houzeo as 4.9 out of 5.
» Houzeo Reviews: Find out why 15,000+ home sellers love Houzeo.
How much is the real estate agent fees in Greenville?
On average, traditional agents in Greenville charge 5% to 6% of the sale price as commission. On the other hand, discount real estate brokerage firms in Greenville charge 1% to 3%.
How do I find a discount broker near me in Greenville?
You could choose a discount broker, or list your home using Houzeo. With Houzeo, your home will be listed on the MLS within 24 to 48 hours.
Can you negotiate Realtor fees in Greenville?
Yes, you can! Infact, post the NAR Settlement, you can now also negotiate buyer’s agent commissions.