$12,300—that’s what you’re paying an agent to list your home on the MLS, set the price, review contracts, and negotiate offers. But here’s a secret: Arkansas discount brokers get all that done for a fraction of the cost!
Houzeo, Arkansas’ #1 discount real estate service, offers virtual full-service assistance for just $349. That’s thousands of dollars in your pocket!
Key Takeaways:
- Discount real estate brokers save thousands in commission while still offering professional support.
- The 6 best discount brokers in Arkansas are Houzeo, Clever Real Estate, Flat Fee Realty Northwest Arkansas, Small Fee Realty LLC, UpNest, and Redfin.
- Houzeo is the best discount real estate service in Arkansas. You get virtual full-service support, high-tech tools to manage your offers, and 5-star customer support.
- Clever ranks second because of their high professionalism, excellent communication, and 5-star rating.
- Beware of hidden fees when selecting a discount broker. Pricing varies by region, so read the fine print.
- Assess crucial factors such as pricing, service quality, and transparency to make an informed and confident decision.
Rankings: Top 6 Arkansas Discount Real Estate Brokers
As Arkansas’s real estate market continues to rebound post-Hurricane Idalia, home sellers are exploring ways to cut costs. With rising repair and insurance premiums, sellers want to retain more of their home sale profits.
One effective way to do this is to sell with a discount real estate broker in Arkansas. They offer lower commission rates and services compared to traditional Realtors. We’ve ranked the top 6 discount brokerages in the Natural State for you to choose from.
| Rank | Discount Real Estate Broker / Company | Listing Fee | Max Savings | 100% Online | Mobile App |
|---|---|---|---|---|---|
| 1. | Houzeo.com | $349 Flat Fee | ✅ | ✅ | ✅ |
| 2. | Clever Real Estate | 1.5% Commission | ❌ | ❌ | ❌ |
| 3. | Flat Fee Realty Northwest Arkansas | $299 | ❌ | ❌ | ❌ |
| 4. | Small Fee Realty LLC | Varies | ❌ | ❌ | ❌ |
| 5. | UpNest | Varies | ❌ | ❌ | ❌ |
| 6. | Redfin | 1.5% | ❌ | ❌ | ❌ |
Types of Discount Real Estate Brokers
Arkansas sellers can choose from two main types of discount real estate brokers. Each of these cater to the unique needs of the home sellers:
- Flat Rate Discount Brokers: Also known as Flat Fee MLS companies, they charge a fixed upfront fee to list your home on the MLS. A Flat Fee MLS service costs between $399 to $4,000. These services offer maximum exposure for a low fee.
- Fixed Percentage Discount Brokers: These discount Realtors charge a fixed percentage of the home’s sale price. Typically, this percentage is lower than the traditional 3%. Depending on the broker, these rates may vary from 1% to 2.5%.
Reviews: 3 Best Flat Rate Discount Real Estate Brokers in Arkansas
1. Houzeo.com: Max Savings, No Hidden Fees
BEST DISCOUNT REAL ESTATE SERVICE
Listing Fee: $249Houzeo leads in discount real estate services with 20M+ active real estate listings on its platform. You get to choose from 3 packages:
- Silver Package – $249: Your home is listed on your local MLS with 24 photos for 6 months. It is also visible on Zillow, Trulia, etc. You get unlimited listing changes, open houses, and tools like Houzeo Showings and Houzeo offers.
- Gold Package – $299: You get all the benefits in the Silver package plus maximum photos and licensed broker assistance in this package. You also get seller disclosures and a premium yard sign that makes your listing pop.
- Platinum Package – $349: You get everything in the Gold Package, along with virtual full-service support and a personal concierge. Plus, all the buyer and agent calls are forwarded to you along with a 12-month listing term.
Note: Expect an additional fee of 0.5% to 1.25% at closing.
Here are the key reasons why Houzeo is one of the top discount real estate services:
- Max Savings: Houzeo’s flat fee packages help you skip agent commissions. Plus, with Platinum package, you get professional assistance similar to that of traditional agents.
- 100% Online: You can manage your listing, showings, and negotiations from your phone with the Houzeo Mobile App.
- Instant Social Sharing: You can post your home listing across Facebook, WhatsApp, LinkedIn, and X in an instant.
- 5-Star Customer Service: Houzeo has a 5-star customer support and chat service. You can access them 6 days a week.
- No Hidden Charges: All costs are disclosed upfront on Houzeo’s website, so you don’t have to worry about any hidden fees.
There are no dealbreakers with Houzeo.
Houzeo is rated 4.9 out of 5 stars on Google and Trustpilot.
» Houzeo Reviews: With over 11,100 happy customers, Houzeo is the most trusted discount real estate broker.
👉 Our Take: We recommend Houzeo’s Gold plan for most home sellers. It combines Houzeo’s advanced technology, maximum exposure, 5-star customer service, and virtual broker assistance. Plus, you can save 2% to 5% on commissions at closing.
Houzeo is the #1 discount real estate broker in Arkansas. The company provides features like IntelliList management to simplify your listing process. Besides this, you get 5-star customer support, advanced technology, showings management, and offers all at your fingertips.
2. Clever Real Estate
IN-PERSON REALTOR ASSISTANCE
Listing Fee: 1.5% CommissionClever Real Estate offers 1 full-service package with in-person agent assistance:
- 1.5% Commission: Your property is listed on the MLS by your chosen agent. You also get assistance with pricing your home, professional photography, marketing, negotiations, and closing. The 1.5% listing fee comes with a minimum commission of $3,000.
Here are the reasons why Clever Real Estate can be a good choice for you:
- No Upfront Fee: You pay nothing to list your property. Commission is only due when your home sells.
- No Obligation Process: You can interview agents with no obligation. A listing agreement and commission are only paid if you sign and close with an agent
- Full-Service Agent Experience: You get matched with a full-service local agent who helps you from listing to closing. They also use creative ways to market your house, like professional photography, and help with closing paperwork.
- Nationwide Agent Network: Clever works with top-rated agents from major brokerages like Keller Williams and RE/MAX. Every agent has at least 5+ years of experience, a strong sales record, and positive customer reviews. Clever’s network spans all 50 states.
- Buyer Cashback Program: If you’re a buyer, you could get a cashback of $250 (if you buy with Clever) or $500 (if you buy and sell with Clever). This money can help with moving, furniture, or closing costs.
Here’s one drawback of working with Clever Real Estate:
- High Minimum Fee: There’s a minimum listing fee of $3,000. This isn’t ideal for homes under $200,000 or fix-uppers.
Clever Real Estate has a rating of 4.9 out of 5 stars based on 3,696 reviews on Trustpilot.
Clever Real Estate Reviews: Read why Clever Real Estate is the best choice for in-person assistance.
👉 Our Take: We recommend Clever Real Estate for first-time sellers. Their full-service agents guide you throughout your home sale process with no upfront fees. You get in-person Realtor assistance at just 1.5% commission.
3. Flat Fee Realty Northwest Arkansas
LOCAL OPTION
Listing Fee: $299Flat Fee Realty Northwest Arkansas offers a single Flat Fee MLS package:
- Single Plan – $299: Their website doesn’t specify the services you get in this plan. However, they do offer syndication to other real estate websites and have mentioned an ‘à la carte approach’ on the website.
Based on our research, the benefits of listing with Flat Fee Realty Northwest Arkansas are:
- Additional Services: They offer a list of à la carte options to fast-track the home listing process.
- Home Valuation Calculator: You could use this tool to evaluate your home’s worth before listing it on the MLS.
In our research, we found some limitations with the services of Flat Fee Realty Northwest Arkansas:
- Lack of Transparency: Their MLS services aren’t listed up front. You have to sign up first to learn more about the features.
- Limited Reviews: Flat Fee Realty Northwest Arkansas has very few reviews. This doesn’t provide much insight about the company.
Flat Fee Realty Northwest Arkansas has a rating of 4.5 stars out of 5 from 10 customer reviews on Google.
👉 Our Take: Although Flat Fee Realty Northwest Arkansas is a budget-friendly choice and their à la carte approach adds flexibility, we do not recommend them. They do not specify the features they provide and have very few reviews to gauge the quality of their services.
Flat Fee Realty Northwest Arkansas is a regional flat fee MLS platform. AK home sellers looking for local expertise can benefit here.
Although the only package they offer is reasonably priced at $299, the additional services are expensive. On top of that, the cost of these additional services is not mentioned upfront.
Reviews: 3 Best Fixed Percent Discount Brokers in Arkansas
4. Small Fee Realty LLC
GOOD EXPOSURE
Listing Fee: VariesSmall Fee Realty offers services for both home sellers and home buyers. They offer the following packages:
For Home Sellers:
- 1% Listing Commission: It includes a 12-month local MLS listing, professional photos, yard signs, pricing and staging advice, access to digital flyers, and a secure realtor lockbox. Your home gets listed on 900 national and local websites.
- Silver Listing – $375: In this plan, you get six months of MLS Listing with photos and a full seller representation by a licensed Realtor for 0.75% at closing.
- Gold Listing – $525: You get 12 months of MLS listings with professional HDR photos. They also offer a full seller representation by a licensed Realtor for 0.75% at closing.
- Platinum Listing – $750: It includes professional HDR photos and a 3D virtual tour. They also get you listed on additional MLS markets and offer a full seller representation by a licensed Realtor for 0.75% at closing.
For Home Buyers:
- Buyers Rebate: You get $1,000 when you purchase your home through Small Fee Realty.
👉 Our Take: Small Fee Realty Arkansas is good for AR home sellers and buyers. However, along with their flat fee, they charge an additional 0.75% at closing if you opt for full seller representation.
Small Fee Realty has certain advantages:
- Full Seller Representation: You have the option to opt for a full seller representation by a licensed realtor with every plan. However, you must pay an additional 0.75% at closing if you opt for the service.
- Professional Photography: In the expensive plans you get professional photos to maximize your chances of finding the best offer.
- Maximum Exposure: All packages include listing on over 900 national and local real estate websites. It ensures extensive visibility for your property.
Small Fee Realty has certain disadvantages:
- Expensive Flat Fee Plans: The basic plan starts at $375 + 0.75% at closing in case you opt for more assistance.
- Per Month Listing Charges: You must pay $29.99 per month until your home sells. Most platforms offer a fixed listing term (6 to 12 months) inclusive of the flat fee plan you select.
Small Fee Realty enjoys 4.9 stars from 5 stars rating on Google.
Small Fee Realty is a good choice for home sellers and buyers in Arkansas. They offer services for both home sellers and home buyers.
However, they charge an additional 0.75% at closing if you opt for extra assistance. This is charged over your one-time flat fee payment. So, it may not be ideal for budget-conscious sellers!
5. UpNest: Varies, Nationwide Coverage
Negotiable FEES
Listing Fee: Varies as per the agentUpNest offers agent-matching services. Here’s how it works:
- No Upfront Cost: UpNest connects you with top local real estate agents at no upfront cost. Agents will discuss commission rates, fees, and potential discounts directly with you.
Here’s what UpNest offers:
- Multiple Agent Proposals: Get 3–5 commission quotes from top local agents. Compare options easily without contacting agents yourself.
- Quick Turnaround: Receive agent matches within 24 hours of signing up.
- Transparent Pricing: View all commission rates and potential savings upfront. There are no hidden fees or pressure to commit.
- Nationwide Coverage: It offers service throughout the US. It connects you with the local agent who has current market insights.
Here are some of the downsides of working with UpNest:
- No Guaranteed Savings: UpNest does not offer guaranteed savings. Instead, each agent sets their own listing fee.
- No Control Over Agent Selection: UpNest shows you commission quotes from selected agents. As a result, you might miss out on other qualified agents who are part of their network.
UpNest has a rating of 4.7 out of 5 stars on Google.
» UpNest Reviews: Is UpNest actually saving you money in 2024? Read to find out.
👉 Our Take: With UpNest you get multiple real estate agent options to choose from. However, agents' commission rates and qualifications can vary significantly, and the quality of service may depend on the broker you select.
UpNest is a licensed agent-matching brokerage. It is headquartered in California. Move, Inc., (the parent company of Realtor.com) acquired UpNest in June 2022.
UpNest pairs you with local agents with a proven sales record. However, you may end up fixing a high commission for the agent.
6. Redfin: 1% Fee, Nationwide Coverage
NATIONWIDE BROKERAGE
1.5% Listing FeeRedfin offers two packages for home sellers based on the type of properties they want to sell.
- Redfin Full-Service Agent – 1.5% Commission: It is a standard full-service package for listing, marketing and closing your sale.
- Redfin Premier Agent – 1.5% Commission: This is a high-end service for luxury properties that includes additional marketing and services for high-end buyers.
Note: If the sellers buy a property with Redfin, they have to pay only 1% of commission as listing fee instead of 1.5%.
Here are some advantages of choosing Redfin:
- Advanced Technology: Redfin is primarily known for its high-tech platform and mobile app.
- Near Nationwide Coverage: Redfin covers 50 states in the US.
- Assistance Through Closing: Redfin agents guide you through paperwork, marketing plans, and negotiations to make your closing easy and faster.
Here are some drawbacks of Redfin based on their customer reviews:
- Pricing Inaccuracy: Many sellers have complained that a lot area, a gated compound, or a city location are not considered during valuation.
- Slow Listing Process: According to Redfin’s listing agreement, a Redfin property takes 18 days to list on MLS. Services like Houzeo will list you on the MLS within 24 to 48 hours.
- Lack of Customer Service: There are a few negative reviews about the lack of personal attention by Redfin agents.
- Limited Agent Selection: As per customer reviews, Redfin lacks an array of agents. This means you get an agent assigned automatically without having any choice in the matter.
- Lack of Personalized Services: Due to agents handling multiple clients at once, customers have often complained that Redfin agents are not able to give personalized service.
Redfin has 3.7 out of 5 stars from 30+ reviews on Google.
» Redfin Reviews: Read more to make an informed decision before selling your home.
👉 Our Take: We recommend Redfin for its advanced technology. However, some flat fee services offer you the same technology and more at much lower costs.
Redfin is a top nationwide real estate brokerage known for its advanced technology. Their premier package helps you sell luxury homes. The platform also provides easy access to local experts while selling a house by owner in Arkansas.
How Much Will You Save With a Discount Real Estate Broker in Arkansas?
You could save up to $12,338 when selling a median-priced $267,100 home with a Flat Fee MLS service in Arkansas.
However, if you pay a standard 6% commission fee, you’d have to pay a whopping $16,026 to your listing agent. But, with Houzeo’s Platinum plan, you will only pay $349 with a 1.25% charge at closing
| Details | Traditional Realtor (6%) | Houzeo’s Flat Fee |
| Median Sale Price | $267,100 | $267,100 |
| Listing Fee | $16,026 | $3688 |
| Savings | $0 | $12,338 |
Pros and Cons of Discount Realtors in Arkansas
Discount real estate brokers in Arkansas offer a great way to save. While this cost-saving option sounds good, it’s important to weigh both the pros and cons.
✅ Pros
- Lower Fees: You’ll pay less than a traditional 3% Realtor. Plus, you’ll get full access to features and tools for a low fee.
- Full-Service Support: Discount real estate agents in Arkansas offer all basic home-selling services. This includes assistance with how to price your home, marketing, paperwork, and negotiations.
- MLS Access: Discount brokers help you list your home on the MLS in Arkansas, providing exposure to a maximum no. of buyers.
❌ Cons
- Hidden Fees: Some discount brokerages in Arkansas may charge hidden fees for additional a la carte services. You must do your research and opt for the best discount Realtors in AR.
- Inconsistent Service: Some discounted brokers in Arkansas handle multiple clients at once, so personalized attention may be limited. They do this to make up for the reduced commission rate.
- High Cancellation Fees: A few of the discount brokers may impose a significant withdrawal fee if you cancel your agreement within a specific time frame.
How to Choose the Right Arkansas Discount Real Estate Broker?
Choosing the right discount listing agent can feel like navigating an alligator alley, tricky but not impossible! Here’s how to make the right decision in Arkansas:
- Assess Your Selling Needs: Consider whether you need full-service support or just a basic MLS listing. If you can handle the negotiations and closing paperwork yourself, you can go for basic listing-only plans.
- Compare Pricing and Services: Check the list of services and their prices from different companies. Ensure the company you choose doesn’t have any hidden fees that will increase your overall expenses.
- Evaluate Technology and Tools: Check to see if your discount broker provides tools for offer and showings management. Also, ensure the home is visible to serious buyers browsing for properties for sale in Arkansas.
- Check Agent Support: Some companies offer virtual support, while others provide dedicated agents. Make the decision based on your requirements.
- Read Customer Reviews: Check platforms like Google, Trustpilot, and BBB for authentic reviews. Take note of closing success stories, responsiveness, and service quality.
Alternatives to Discount Real Estate Brokers in Arkansas
Here are some other options to consider for selling a house in Arkansas:
- For Sale By Owner Companies: In a FSBO sale, you have to handle every step from listing to paperwork. You can choose For Sale By Owner websites in Arkansas that provide MLS access.
- Cash Buyers: Cash buyers in Arkansas, including iBuyers, investors, and home flippers, actively search on the MLS for the listed properties.
- Full-Service Realtor: If you can’t handle the process yourself, you can opt for the traditional home-selling method. But, you’ll have to pay a 3% commission fee.
» Houzeo Reviews: Find out what customers have to say about Houzeo—Arkansas’ best home-selling website.
