From Sondley Estates to Enka, Asheville home sellers dread the 6% real estate agent commission. Traditional listing agents charge a commission of 3% of the sale price.
However, you can save thousands by hiring a discount real estate broker when selling your home in North Carolina.
⚡Understanding Discount Brokers
- Who is a Discount Broker? A discount broker provides all real estate services like a traditional broker for a low commission of 0.5% to 2%.
- Understanding the Discount: The discount is on the listing fee. You still have to pay the buyer agent commission.
- Can You Negotiate Brokerage Fee? Yes! You can negotiate brokerage fees with your agent. Before you do, make sure you offer a full buyer’s agent fee.
- Alternatives: You can list on the MLS using Flat Fee MLS companies like Houzeo. It is 100% online and automated to cater to various seller needs.
We’ve spent thousands of hours researching discount real estate brokers and compiled our list of the best discount real estate brokers.
Rankings: Best Discount Real Estate Brokers in Asheville, NC
Rank | Discount Real Estate Broker / Company | Listing Fee | Additional Charges | Max Savings | 100% Online | Mobile App |
---|---|---|---|---|---|---|
1. | Houzeo.com | $399 Flat Fee | ❌ | ✅ | ✅ | ✅ |
2. | Flat Fee Realty | $3000 Flat Fee or 1% Commission | ❌ | ❌ | ❌ | ❌ |
3. | Summit Realty of WNC | 1% Commission | ❌ | ❌ | ❌ | ❌ |
4. | Redefy | $3500 Flat Fee | ❌ | ❌ | ❌ | ❌ |
5. | UpNest | 2.5% Commission | ❌ | ❌ | ❌ | ✅ |
Reviews: Best Discount Real Estate Brokers & Companies in Asheville, NC
1. Houzeo.com
#1 Discount Real Estate Service
Houzeo.com
Houzeo offers 4 Flat Fee MLS packages.
- Bronze Package – $379+: This package offers Houzeo listing only for 6 months with maximum photos.
- Silver Package – $399+: This includes everything that home sellers typically look for.
- Gold Package – $379+: It is Houzeo’s signature MLS package and includes all the technology Houzeo is known for Houzeo Showings, Houzeo Offers, and DigiTransact.
- Platinum – $349+: It includes the assistance of a licensed broker to help you with negotiations, disclosures, and closing.
👉 Our Take: We recommend the GOLD plan. You’ll have access to Houzeo tech, making managing showings and offer negotiations easy!
» Houzeo Reviews: Houzeo is 100% online. You can finish listing formalities in less than 60 minutes.
Houzeo is America’s #1 Flat Fee MLS service because of 4 reasons:
- Max Exposure: Houzeo MLS packages give you access to the MLS, Zillow, Trulia, Realtor.com, Redfin, and 100s of other websites.
- 5-star Customer Service: Houzeo has a fully staffed customer service desk available 6 days a week. Chats and emails are open 7 days a week.
- 100% Online: Houzeo is high-tech. For you, this means easy listing, fast changes, online showings, and online offers. Houzeo Mobile App is also very powerful.
- No Listing Commission: In most states, you’ll be paying just a small flat fee to list on MLS. Houzeo covers 47 states + DC! And remember, all fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the listing agent commission!
There are no dealbreakers with Houzeo.
» Houzeo Reviews: Houzeo is rated “Excellent” with a 4.9 out of 5-star rating by 5,000 home sellers on Google Reviews and Trustpilot!
Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.
» Houzeo Reviews: Check out how Team Houzeo has addressed all Houzeo complaints from home sellers.
Houzeo.com is North Carolina’s #1 ranked Flat Fee MLS service. Houzeo provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology.
In Ashville, NC, Houzeo’s Bronze package is priced at $99. The Silver package is priced at $379, and the Gold package costs $379 + 0.5% (Minimum $999) at closing. The full-service Platinum package costs $349 + 1% (Minimum $999) at closing.
2. Flat Fee Realty
GREAT SAVINGS
Flat Fee Realty
Flat Fee Realty offers a single Flat Fee MLS package, the price of which varies by state. The listing agent also retains a small percentage of the buyer broker’s commission.
- Common services included in the flat fee package are a listing term of 6 months with 6 photos. Your listings get syndicated to Zillow, Trulia, and Realtor.com. The package also includes free listing upgrades and state disclosures.
Listing Photos Upgrades: If you want to make changes to your listing photos, you must purchase upgrades separately. You can add up to 25 photos for $50.
👉 Our Take: If an affordable plan is your priority, then Flat Fee Realty is a good option. However, they do charge additional fees for optional upgrades like additional photos. They do not offer any services to home buyers.
Flat Fee Realty is a decent option if you are looking for a low-cost real estate brokerage.
- Market Exposure: Your listing gets syndicated to the local MLS and other real estate websites like Zillow, Trulia, and Realtor.com.
- Full Representation: Flat Fee Realty offers a full representation of your property to enable you to sell your home fast.
- Custom Home Search: You can save your home search preferences on their website. Later you can just view homes matching your description as they become available.
In our research, we have found some red flags associated with Flat Fee Realty.
- Low on Tech: Flat Fee Realty is not 100% online. Some of the processes are carried out manually. Your listing might get delayed.
- Non-customizable Packages: Flat Fee Realty’s listing package provides no scope for customization. The package is a one size fits all plan, limiting the options you would like to opt for.
- No Buyer Support: Flat Fee Realty isn’t a buyer-focused platform and they offer no significant benefits for home buyers.
No credible reviews are found.
Flat Fee Realty offers a single Flat Fee MLS package that varies by state. With this package, you get free listing changes and related disclosures.
However, Flat Fee Realty requires you to pay a minimum 2% buyer agent commission, 0.25% of which goes as a kickback to your listing agent. This means you end up paying a small commission to the listing agent at closing.
3. Summit Realty of WNC
GREAT SAVINGS
Summit Realty of WNC
Summit Realty of WNC offers two plans based on the assistance required by the seller to get buyers. They also provide buyer agent services.
Summit Realty of WNC for Home Sellers:
- 1% Commission: This is a full-service package for home sellers. It includes CMA, professional staging, showing service, yard sign, contract support and guidance and much more.
- Exclusive Agency Listing – $995 + 0.75 at closing: You can sell your home yourself if you have a buyer. You get limited assistance through the entire process.
👉 Our Take: Summit Realty of WNC can be a great option for sellers. However, they do not offer any significant benefits for buyers.
You get the following benefits if you list with Summit Realty.
- Multiple Packages: Summit Realty of WNC offers 2 listing packages. Experienced sellers can opt for the Exclusive Agency Listing package.
- Free Tools: You get a free home valuation report and mortgage calculator.
- Good Customer Reviews: Past customers have praised their agents for other professionalism and local market knowledge.
In our research, we have found some deal breakers associated with Summit Realty of WNC.
- No Buyer Rebate: They do not provide benefits like buyer rebates.
Summit Realty of WNC 5 star rating from 13 reviews on Google.
Summit Realty of WNC is a good local option for sellers in North Carolina. They offer multiple listing packages that include CMA, professional home staging, showing scheduling service, and more.
However, Summit Realty does not offer any significant benefits for buyers.
4. Redefy
IN-HOUSE SUPPORT
Redefy
Redefy offers its services for a flat rate or commission based on your home sale price.
- Full Service: Redefy charges a flat rate of $5,500. When a house is sold for more than $1 million, the listing fee is 1% of the total sale price.
Coverage: Redefy covers Colorado, Florida, Georgia, Illinois, North Carolina, South Carolina, Tennessee, Texas, and Virginia.
👉 Our Take: Redefy works on the multiple-agent model. They have a field agent who meets clients and an in-house agent for customer service. Since there is no single point of contact, the quality of service is severely affected.
Redefy is a full-service real estate brokerage that aims to make the real estate process cost-effective and transparent for home sellers and buyers.
- Decent Listing Fee for Low-Value Homes: This flat rate option is a good bargain if your home value is below one million.
- In-House Support: You are provided in-house support with accurate pricing and features like home staging.
- Mortgage Calculator: Redefy’s Mortgage Calculator allows you to estimate your overall mortgage, including insurance and taxes.
In our research, we found some drawbacks of Redefy.
- No Refund Deposit: You have to pay a non-refundable deposit of $500.
- Inconsistent Agent Quality: Redefy has limited agents attending to a large volume of customers. This can hamper the service quality.
Redefy has a rating of 4.5 out of 5 stars from 37 reviews on Yelp.
» Redefy Reviews: Check out the customer reviews for Redefy on Yelp.
Redefy offers its services based on your home value. If your house costs anything below a million, they charge a flat rate fee of $5,500.
However, their agent quality may not be consistent You are also required to pay a non-refundable deposit of $500.
5. UpNest
TRADITIONAL COMMISSION FEES
UpNest
- Listing Fee: 2.5% of the sale price (or as decided by agent)
- Available in all major cities
4.7/5 (56 reviews)
UpNest is an innovative real estate marketplace that connects home sellers and buyers with agents in their area.
- Pricing: There’s no direct cost to using UpNest, but the savings are marginal. UpNest agents decide their commission fees. The discount rate varies.
👉 Out Take: We do not recommend Upnest for home sellers or buyers. UpNest’s network is reliable and quick, but savings aren’t guaranteed. You might end up paying more than you had expected.
» Is UpNest Legit? Find out if UpNest is legit!
Here are some advantages of using Upnest. No Obligation Service
- No Obligation Service: Within 24 hours timeline after signing up, UpNest will send you multiple agents you can choose from. If nothing fits, you can simply walk away.
- High-quality Agent Network: UpNest partners with top agents from leading national brokerage firms across the U.S. All agent matches remain unbiased, based on your criteria and preferences.
- User-friendly Dashboard: UpNest’s customer dashboard is intuitive and makes it easy to compare agent matches. It also features options to contact the matched agents or your UpNest Advisor with a single click.
» What is UpNest? Read the comprehensive review to know more!
In our research, we found some red flags associated with UpNest.
- Marginal Savings: The commission rates aren’t pre-defined. The negotiation ultimately relies on you. Past sellers have claimed that the lowest listing fee is 2% which is quite high.
- Inconsistent Customer Service: Customers have revealed that some UpNest representatives are extremely helpful and knowledgeable. However, rest of them struggle to answer simple questions.
» How Does Upnest Work? Agent-matching at UpNest is pretty straightforward. Check it out!
UpNest has a rating of 4.7 out of 5 from 56 customer reviews on BBB.
» 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.
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💡 Make A Note: It is not legal to offer buyer rebates in the following states: Alabama, Alaska, Iowa, Kansas, Louisiana, Mississippi, Missouri, Oklahoma, Oregon, and Tennessee.
Here’s a quick recap of the best discount real estate brokers in America:
America’s Best Discount Real Estate Brokers (2023)
We’ve reviewed the best discount real estate brokers in 2023
What Are Discount 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. Sellers receive basic real estate services at a pre-negotiated fee of 0.5% to 2% or even a flat fee.
The reduced fee can easily save sellers thousands in commissions.
You may be now wondering if their services are comparable to those of a traditional Realtor at this point. Discount real estate brokers in Asheville, NC typically offer the same services as full-service brokers. The key difference is in pricing.
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🤔 Do you offer buyer agent commission to discount brokerages?
YES! Most real estate discount brokers and brokerages will recommend you pay a full buyer agent fee. It is typically between 2% and 3% in most states.
It is vital to pay a competitive commission to the buyer’s agent. This will ensure you sell your home quickly while still receiving the best price possible.
Types of Discount Brokers
Find discount real estate brokers in Asheville, NC that fit your budget and save you the most money! The four major types of real estate discount brokerages and companies 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. Best Flat Fee MLS listing companies like Houzeo can get you on the MLS within 48 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. These are usually priced at 1% or 2%. They cover everything from listing, negotiations, and pricing.
4. Virtual Full Service: A virtual full-service discount broker handles everything online. Companies like Houzeo, also provide full-service options that are 100% online. All services including price negotiation and marketing support are at no additional cost.
Pros and Cons of a Discount Realtor
The primary benefit of working with a discount broker is that they have lower overhead costs. However, a discount broker may not have as much time to communicate. They juggle many clients and may not be available for your queries.
Pros
- Reduced Fees: You’ll pay less for listing costs. While standard brokers typically charge at least 3%, discount brokers may charge as little as 0.5% to 1%.
- Full Access to Basic Real Estate Services: You receive the same basic services as you would with a traditional agent. They provide assistance with pricing, marketing, and negotiations.
- Streamlined Process: A low-cost Realtor facilitates the selling process. They are motivated to work efficiently and eliminate all unnecessary steps from the sales process.
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 almost never have to talk to anyone in-person. A first-time seller or buyer who needs some hand-holding may not be able to benefit much.
- Lack of Personal Attention: Discount real estate brokers in Asheville, NC 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 of time. Remember to carefully review the terms and conditions of the contract before signing.
Discount Real Estate Brokers to Avoid
Some agent-matching websites advertise themselves as “free”. But in reality, they keep a portion of the commission received by the discount real estate brokers. Because you pay the commission, this amount comes out of your pocket.
For example, List With Clever promotes itself as an informational real estate website that matches sellers with discount realtors. Even though Clever claims to be “free”, 25% to 40% of your commission will be directed to Clever as a “Referral Fee”.
» Clever Real Estate: Check out what you lose when you sell or buy with Clever!
💸 Save Thousands in REALTOR Commission
Sell your house with Houzeo.com for a small flat fee – as low as $349!
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How to Choose a Discount Realtor or Company?
It is essential to select the right real estate agent for your home-selling journey. The following are a couple of pointers to assist you with picking the ideal discount broker or company.
1. Savings: Discount real estate brokers have a variety of pricing structures. So, choose one that maximizes savings while still providing all of the services you require.
2. Technology: Choose companies that use cutting-edge technology, offer online paperwork, and have a mobile app.
3. Customer Reviews: Check for online customer reviews. This helps you to get an idea of the kind of services you are going to receive.
How Much Can I Save With a Discount Realtor?
As a seller, you can save anywhere between $1,632 and $ 6,680.
Typically, home sellers pay 6% of total realtor commissions. The total commission is divided between the listing agent (3%) and the buyer’s agent (3%). Discount real estate brokers pre-negotiate a reduced listing agent commission of 1% to 2%.
Therefore, you save a commission of 4% to 5% on your home sale.
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.
However, in order to qualify for this buyer rebate, buyers must fulfill specific requirements. The most important is the minimum price range.
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🤔 What is a home buyer rebate?
A Realtor rebate is a type of cashback you receive as a buyer. Some brokerages and agents offer these rebates as an incentive to attract more buyers. Buyer rebates are allowed in 40 states.
Who Should Use a Discount Broker?
Discount Brokers are ideal for sellers and buyers who want to focus on savings.
- Sellers on a Tight Budget: Homeowners who wish to save money might list with a low-fee Realtor. This can help them save big.
- Real Estate Investors: Real estate investors who frequently trade 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 Brokers in Asheville, NC
Here are some options if you do not want to opt for a discount Realtor in Asheville, NC.
- Flat Fee MLS Companies: Flat Fee MLS Asheville, NC companies list your property on your local MLS for a flat fee of a few hundred dollars. You can save on commissions and also take advantage of their technology for a faster sale.
- List With a Full-Service Realtor: If you need hand-holding, we recommend you hire a full-service in-person North Carolina 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 Charlotte and other North Carolina markets. iBuyers can be a great option if you’re wondering how to sell my house fast in North Carolina.
- Sell to Cash Home Buyers: Individual cash home buyers and companies that buy houses for cash in Asheville 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 will help you list and sell a house by owner in North Carolina and save thousands in listing agent commission. Many FSBO websites will also get you listed on the MLS and help you with FSBO paperwork.
» Best FSBO Sites in North Carolina: We’ve researched and reviewed all the best For Sale By Owner sites. See our rankings!
Savings Calculator
Here’s how much you can save with Houzeo.com!
Are Discount Brokers Worth It?
YES! There are various advantages to using a discount real estate broker. Using a cheap brokerage can save you a lot of money. The commission savings can be significant.
There are several discounted real estate brokers on the market today, each with its own set of advantages. Examine factors such as listing fees, listing time, services provided, customer service, and coverage before you choose one.
With Houzeo, you can get your home on the MLS for a small flat fee. You get access to cutting-edge tools like offers dashboard, showings management, and many more to make your selling journey easy.
» List My House on MLS in North Carolina: The fastest way to get on the MLS!
Eager to Know How Houzeo Works?
We’ve got you covered. Check out the following video to understand how Houzeo works and why it is one of the best For Sale By Owner websites in the U.S.
» 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
What is realtor commission in Asheville, NC?
The average realtor commission in Asheville, NC is 5.5%. On the other hand, discount real estate brokers charge 3.5-4%.
Who are the best discount real estate brokers in Asheville, NC?
Houzeo.com, Flat Fee Realty, and Summit Realty of WNC are the top discount real estate brokers in Asheville, NC.
Are flat fee realtors good?
Yes, in most instances. Flat fee realtors are a type of discount real estate brokers. However, you must carefully read about all services offered by a flat fee realtor and choose them according to your requirements.
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Asheville Discount Real Estate Brokers North Carolina