8 min read Jun 07, 2024

Top 5 Discount Real Estate Brokers in Colorado (2024 Updates)

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Edited By

Carol Coutinho

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Editor
Edited By

Carol Coutinho

Editor, Houzeo
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Carol C. is a versatile editor, expertly refining real estate content with precision and creativity. When not exploring market trends, she is immersed in the enthralling world of the theatre.

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

The current median home price in Colorado is $599,400. The traditional 6% commission will cost you a whopping $35,964. 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 $23,976.

You can lower this amount to around $17,982 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: Best Discount Real Estate Brokers and Companies in Colorado

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

RankDiscount Real Estate Broker / CompanyListing FeeMax Savings100% Online5-Star Reviews*Broad CoverageMobile App
1.Houzeo$399
Flat Fee
2.Fixed Rate Real Estate$5,000
Flat Fee
3.HQ Homes1%
Commission
4.Trelora1%
Commission
5.Homie$5,000
Flat Fee

Reviews: Best Discount Real Estate Brokers in Colorado

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

In Colorado, Houzeo’s Bronze package is priced at $329 + 0.5% at closing (Minimum $999). The Silver package is priced at $399 + 0.5% at closing (Minimum $999), 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. Fixed Rate Real Estate

GREAT LOCAL EXPOSURE

Fixed Rate Real Estate
Fixed Rate Real Estate Logo
  • Listing Fee: $5,000 Flat Fee
  • 4.9 Stars 4.9/5 (70+ Reviews)

Fixed Rate Real Estate is a flat fee discount brokerage in Colorado.

For Home Sellers:

  • Full-Service Package ($5,000): This package includes services like comparative market analysis, pricing recommendations, showings coordination, etc. It doesn’t have any hidden fees.

For Home Buyers:

  • Buyer’s Rebate (1% ): Buyers get a 1% rebate from the buyer’s agent commission. They get this benefit only if they purchase & finance through the company’s agent & lender respectively.

👉 Our Take: Fixed Rate Real Estate offers a flat fee commission model. It is a good option for home sellers who want to sell their house with a prepaid amount for traditional broker services. However, the flat fee charged is too high compared to other discount real estate brokerages.

Fixed Rate Real Estate offers several advantages:

  • Experienced Agents: Sellers get expert guidance from experienced brokers at every step of the process.
  • Cash Offer: Home sellers looking for a quick sale can opt for the cash offer from Buyout Realty, the sister company.
  • Effective Marketing Strategies: Fixed Rate Real Estate offers fresh marketing ideas to increase the property’s visibility. Your MLS listing is advertised on social media platforms to get buyer’s attention.

Fixed Rate Real Estate has certain drawbacks:

  • Limited Coverage: Fixed Rate Real Estate covers some of the cities and counties in Colorado. This limits their customer base as well as the pool of potential home buyers.
  • No Buyer Rebate: Fixed Rate Real Estate does not offer fixed buyer rebates. The buyer doesn’t know how much rebate they get until they consult with the agent.

Fixed Rate Real Estate has a rating of 4.9 out of 5 stars on Google.

Fixed Rate Real Estate has been in the real estate business for almost a decade. It caters to home sellers and buyers through flat fee MLS packages. However, they have limited coverage and do not have a buyer’s rebate program.

3. HQ Homes

COST-EFFECTIVE SERVICES

HQ Homes
HQ Homes Logo
  • Listing Fee: 1% of Sale Price
  • 4.75 Stars 4.0/5.0 (4 Reviews)

HQ Homes is one of the discount real estate brokerages in Colorado.

For Home Sellers:

  • 1% Commission: You need to pay a 1% commission on the final sales price to the agent. The package includes MLS listing, property marketing, professional photographs, etc.

For Home Buyers:

  • 1% Buyer’s Rebate: Buyers get a 1% rebate of the buyer’s agent commission if they purchase their house through HQ Homes.

👉 Our Take: HQ Homes offers sellers all the traditional home-selling services at 1% commission. However, a high-value house may have to pay a considerably high commission.

HQ Homes offer the following advantages:

  • Experienced Agents: HQ Homes agents have been in the business for 30+ years. Their market expertise can make home-selling effortless.
  • Maximum Market Exposure: Properties get exposure to popular real estate websites like Zillow, Realtor.com, and Trulia. This can draw the attention of potential buyers and increase the number of offers.
  • A+ Accredited Company: The company has good market credibility. With over 50+ reviews, it has earned strong trust and customer satisfaction.
  • Buyer Agent Representation: As part of the buyer rebate program, homebuyers receive agent representation. They offer listing access, financial advice, assistance with legal matters, and more.

HQ Homes has the following drawbacks:

  • No Mobile App: Without a mobile app, you might not get access to sale offers, listing, and showing updates quickly.
  • Limited Coverage: The company offers services only in Denver, Boulder, and Colorado Springs. This makes their client base limited.

HQ Homes has a rating of 4 out of 5 stars on Trustpilot.

Tony English established HQ Homes in 2000. It offers discounted commissions to home sellers and rebates to buyers. However, they only cover certain areas of Colorado which limits their customer base.

4. Trelora

GOOD ADD-ON FEATURES

Trelora
Trelora Savings
  • Listing Fee: 1% of sale price
  • Restricted coverage
  • Best Companies that Buy Houses for Cash in Raleigh, NC 4.9/5 (515+ Reviews)

Trelora is a full-service realty that offers services to home sellers at discounted rates. The company strives to modernize home ownership through the use of technology.

For Home Sellers:

Trelora offers two listing packages for sellers:

  • Trelora EasySell ($2,500): This package is available only through Trelora’s mobile app, where sellers can get full virtual service for a flat fee.
  • In-Person Full Service (1% Commission): This package offers in-person full service for a commission of 1% of the sale price at closing.

For Home Buyers:

  • Buyer’s Rebate: With Trelora, home buyers can get a rebate of up to $2,500 by bundling the mortgage and title.

Coverage: Trelora offers services only in Arizona, California, Colorado, Georgia, North Carolina, South Carolina, and Washington.

👉 Our Take: Trelora offers full-service assistance for home sellers. However, it does lack multiple agent assistance.

Trelora offers certain advantages:

  • Good Add-On Features: It offers add-on features like listing consultation, professional photography, and negotiation assistance.
  • Good Technology: The company’s software claims to make the process for home sellers digital and straightforward. However, not much information was found on the specifics of their tech stack.

» What is TreloraCheck this out before choosing them.

Below are some of the significant drawbacks of using Trelora:

  • Multiple Agents Assistance: Trelora agents handle multiple clients to save on operating costs. Different low-cost real estate agents assist you at every sale stage, leading to better communication.
  • Poor Customer Support: Customers who have worked with the company have complained about poor customer service quality.

Trelora has an average rating of 4.9 out of 5 on Zillow.

» Trelora Reviews: Check out the customer reviews that can help you know more about Trelora.

Trelora is a low-commission brokerage headquartered in Denver, CO. Their agents handle multiple clients at a time. This could lead to miscommunication and a lack of personalized support.

5. Homie

FLAT FEE PACKAGE

Homie
homie-logo
  • Listing Fee: $5,000 Flat Fee
  • Restricted coverage
  • 4.5 Stars   4.4/5 (930+ Reviews)

Homie is a one-stop real estate shop. It offers multiple services to its buyers like Homie Loans, Homie Title, and Homie Insurance. For sellers, it charges a flat fee rate:

For Home Sellers

  • Listing Price ($5,000): This package gives your house exposure on popular real estate websites. It also assists you with contract negotiation.

For Home Buyers

  • 25% of Homie’s Commission: You get approximately 25% of Homie’s commission on purchasing a home.

👉 Our Take: Homie offers a single flat fee package to sellers and multiple in-house services to buyers. It benefits buyers with better mortgage rates, suitable insurance, and hassle-free paperwork. Hence, you may consider buying a house through a Homie instead of selling.

» Homie Reviews: Does Homie benefit you in the 2023 market? Click now.

Below are the benefits offered by Homie:

  • Homie Cash: You can make an all-cash offer with Homie Cash without having actual cash in hand.
  • Modern Technology: Homie offers an updated technology platform to its users. This will allow you to see the effort and transparency involved in your transaction.
  • Varied Services: It offers several services like Homie, Homie Loans, Homie Title, and Homie Insurance.

» What is Homie? Read the comprehensive review to know more!

Below are the Homie drawbacks:

  • Limited Coverage: Homie provides its services in Arizona, Colorado, Idaho, Nevada, and Utah.
  • Customer Support: As per the customer reviews, Homie agents are unable to respond with proper guidance.
  • No Advanced Tech: Some clients are disappointed with their slow and outdated technology.

Homie has a 4.4 out of 5 stars rating on Google.

» Is Homie Worth it? Read to know Homie benefits when selling your house.

Homie is a flat fee discount real estate brokerage. It was founded by Mike Peregrina in 2015 in Utah. They cater only to 5 markets Arizona, Colorado, Idaho, Nevada, and Utah.

Homie charges a flat fee package to let the sellers list their homes. It offers cash rebates, an all-cash offer, and more to the home buyers. However, you may need to do extensive follow-up with the agent to get your work done.

    💡 Make A Note: Sellers only get discount on the seller’s agent commission. They still have to pay 2.5%-3% commission to the buyer’s agent at the end of the sale process.

Top Discount Real Estate Brokers Near Me

Find discount realtors in your neighborhood:

Denver, CODiscount Real Estate Brokers in Denver, CO
Fort Collins, CODiscount Real Estate Brokers in Fort Collins, CO
Colorado Springs, CODiscount Real Estate Brokers in Colorado Springs, CO
Loveland, CODiscount Realtors in Loveland, CO

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 Colorado?

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 Colorado

The four major types of real estate discount brokerages and companies in Centennial State 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%. They cover everything from listing, 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 Colorado

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

  • 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 Colorado markets. iBuyers can be a great option if you want to sell your house fast in Colorado.
  • 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 Colorado 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 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 in 24 hours, for a small flat fee. You get extra savings and services like, access to offers dashboard, showings management, and many 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 Colorado?

Houzeo.com, and HQ Homes are the top discount real estate brokers in Colorado.

How much is the real estate agent fees in Colorado?

On average, traditional agents in Colorado, 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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