11 min read Jun 02, 2022

Best Discount Real Estate Brokers in Maryland

Discount real estate brokers Maryland

House prices in Annapolis, Maryland have increased by 8.3% compared to the previous year. With the real estate commission coming down from 5.4% to 4.9% it is a great time to sell a house at a discounted commission.

Hence, discount realtors are high in demand as they charge low commissions, let’s look at some of the best discount real estate brokers in Maryland.

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Rankings: Best Discount Real Estate Brokers & Companies in Maryland

RankDiscount Real Estate Broker / CompanyListing FeeMax Savings100% Online5-Star Reviews*Broad CoverageMobile App
1.Houzeo$349
Flat Fee
2.Mr. Lister Realty$999 + 1%
Commission
3.Assist 2 Sell1% Commission or $2995
4.Houwzer$5000 Flat Fee
5.Redfin1.5%
Commission

Reviews: Best Discount Real Estate Brokers & Companies in Maryland

1. Houzeo.com

🔥 BEST OVERALL
  • Listing Fee:$349 Flat Fee
  • 5 Stars  4.9/5.0 (3,141 reviews)

Houzeo an online real estate company, provides an unbeatable combination of maximum savings, cutting-edge technology, and 5-star customer support.

💰 Save Thousands on Commission: Houzeo’s plans are typically a small flat fee. This will save you thousands. If your buyer is unrepresented, you save the buyer agent commission as well.

📣 Maximum Exposure: Listings get syndicated to the MLS, Zillow, Realtor.com, Redfin, Trulia, and hundreds of other websites. Houzeo also has nifty social media sharing tools. No other platform gives you this much exposure.

 Fast Listing & Changes: Houzeo is 100% online. Listing is easy and changes are fast. So you can focus on what is most important – your sale.

⭐ 5-Star Customer Support: Home sellers across America have rated Houzeo 4.9 out of 5 stars on major review sites like Google and Trustpilot. There is comfort in the fact that when you call, a live person picks up the phone on the other line.

📱 Cutting-edge Technology: Houzeo is the most powerful real estate website. Its advanced features include:

  • IntelliList Listing Management System: Lets you manage your listing 100% online.
  • Houzeo Showings: Manage to show appointments online.
  • Houzeo Offers: All offers are summarized online. You can view and compare offers, or counter any offer. In a multiple-offer situation, you can also call for the highest and best offers.
  • Buyer Search: Buyers can contact you directly on Houzeo.com instead of going through a real estate agent.
  • Houzeo Settlement Agent Platform: Guides you to your closing.

👉 Our Take: Houzeo.com is our top pick because it delivers an unbeatable combination of savings, tech features, and service of any flat fee MLS listing service website we’ve reviewed.

»SAVE: Start your free listing on Houzeo.com today!

  • Nationwide coverage
  • Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other sites
  • Quick listing (within a day with concierge)
  • Savings on commissions
  • 100% online – easy listing, fast changes, online showings, and online offers
  • Mobile app availability

Houzeo has a 4.9 out of 5 rating on Google & Trustpilot.

Houzeo is available nationwide.

2. Mr. Lister Realty

🏆 GREAT LOCAL EXPOSURE
Copany LogoLogo image

Mr Lister Realty

Company Link
  • Listing Fee: $999 + 1 % commission
  • 5 Stars  5.0/5.0 (45 reviews)

Mr. Lister Realty is a good choice for home sellers in Maryland who want local exposure and discounted service together.  Their discounted full service includes everything a seller requires to promote their property and sell it.

💰Discounted Full-Service: Sellers can request their $999 + 1% commission plan to list and their house. This plan includes every step required to sell a house at a competitive price.

👨‍💼Agent Management: The seller can avail of unlimited agent support throughout the sale process. Mr.Lister Realty is known for its qualified agents who help their clients at every step of the process.

📱Features:  MLS listing on major websites, professional photography, unlimited listing changes, unlimited open house announcements. Their agents also help you to negotiate and finalize the listing price.

👉More: 9 Best Discount Real Estate Brokers and Companies

  • A good option for home sellers looking for local exposure in Maryland.
  • Syndicates your data to numerous other websites.
  • Unlimited changes in the listing.
  • Professional photography.
  • Unlimited Agent Support.
  • Unlimited open house announcements. (Depends on the location of the property.)
  • 6 Foot Wood Yard Sign.

Mr.Lister has an average rating of 5 out of 5 on Google.

Mr.Lister Realty covers the state of Maryland.

3. Assist 2 Sell

🏆 A POPULAR FRANCHISE
Copany LogoLogo image

Assist 2 Sell

Company Link
  • Listing Fee: 1% commission
  • No credible source found

Assist 2 Sell is a franchise that provides a full-cover flat fee service plan in the US. They have offices all over the US that help sellers to list their property and sell it at a competitive price. Assist 2 Sell is one of the leading discount real estate brokers in the US.

💵Save on Commission: Assist 2 sell charges 1% commission or $2995 on a $300,000. This rate may vary based on the location and price of the house.

👨‍💼Agent Management: Whether you live in Florida or Maryland, each agent is a qualified agent. They have experience in the local real estate market and help you throughout the process.

📱Features: Assist 2 Sell has many features including Comparative Marketing Analysis, marketing, host open houses, post signage, and much more.

👉More: Top Real Estate Brokers and Brokerages in Maryland

  • Comparative Market Analysis
  • Marketing across sources of media.
  • Exposure to popular real estate websites like Zillow, Trulia, and Realtor.com.
  • Provide property flyers.
  • Support from start to end of the sale process.

Not enough credible sources were found to provide the information.

Assist 2 Sell has nationwide coverage.

4. Houwzer

💰 BEST FOR HIGH VALUE HOMES
  • Listing Fee:$5000 flat fee
  • 4.5 Stars  4.5/5.0 (48 reviews)

If you are looking for discount real estate brokers that are easy on the pocket for high-valued homes, Houwzer is the option you should explore. 

💰Save On High Commissions: With a $5000 flat fee, this low commission Realtor is ideal for homes with a value above $1M. For low-value homes, you may want to look for other options.

📱Additional Features: Houwzer provides professional photography, 3D virtual tours, social media, email marketing, MLS listing, and syndication on real estate websites.

👨‍💼Agent Management: The platform is more of a full-service brokerage that caters to sellers’ needs from start to end. Houwzer does provide low-commission real estate agents to aid in the selling process. However, there is a drawback – the limited agents cater to thousands of customers leading to degraded quality of service sometimes.

👉More: What’s a fair Realtor commission?

  • Low listing fee for high-value homes.
  • Good listing speed
  • Versatile add-on features
  • $2500 rebate when the property is sold and bought from the platform.
  • Not ideal for low priced homes
  • Average customer service quality due to high customer volume.
  • No personalized support
  • Limited coverage
  • Average technology

Houwzer has an average rating of 4.5 out of 5 on Yelp.

Houwzer covers only Florida, New Jersey, Maryland, Pennsylvania, Virginia, and Washington.

5. Redfin

🖥️ Good Technology
  • Listing Fee: 1.5% of the sale price
  • Available in 80+ U.S. Markets
  • 3.5 Stars 3.5/5.0 (62 reviews)

Redfin is one of the best online discount real estate brokers out there in the market today that has nationwide coverage.

💰Save on Commission Fees: When you choose Redfin over a traditional home-selling method, you can save up to 20% – 30% on the commission fees. Though, trying to provide their service 3x faster than the traditional method could limit their ability to provide you with personalized service.

📜Additional services: The discount realtor has a thorough listing agreement but it takes approximately 18 days to get a property listed on the MLS. With Redfin, you get add-on services like a professional photographer, MLS listing, open house schedule, yard sign, and much more.

📱Good Technology: It has one of the best technology among different discount real estate brokers. They have a powerful platform that is ideal for full-service brokerage. Redfin has a fantastic user interface for sellers to make their job faster.

👉More: Redfin Reviews: The Reality of 1% Fees, Pros & Alternatives

  • Good technology
  • Thorough listing agreement
  • Thorough paperwork
  • Holistic services
  • Full-service brokerage
  • Slow listing process
  • Average customer service

Redfin has an average rating of 3.5 out of 5 on Yelp.

Redfin covers 80+ Markets in the United States.

Everything You Should Know About Selling with Discount Real Estate Brokers & Companies

What are Discount Brokers & Companies?

Discount brokers or companies are real estate agents that provide specific services at a discounted rate. Instead of charging the seller standard agent commission of 3% (listing agent commission), a discount realtor in Maryland will work for less (such as a 1%-2% commission or a pre-defined flat fee) and provide restricted services. The reduced fee can easily save sellers a good amount of money.

Some of the best discount brokers in Maryland offer full service with various benefits. The difference lies in the price of the service.

Types of Discount Real Estate Brokers in Maryland

There are 4 types of discount realtors in Maryland:

1. Flat Fee MLS Brokers

A flat fee MLS listing company or service is nothing but a registered low commission or discounted broker that lists your home on the MLS for a flat fee.

The seller and the broker agree on a la carte services, and the broker takes a flat fee instead of a percentage of the home’s sale price. Say you want to sell a $550,000 home in Maryland. A traditional agent will charge you between 2% – 3% of the sale price, that’s $16,500!

With a flat-fee model, you’ll pay an average of $300, which includes listing and marketing. Even if you choose to add services like pricing and buyer negotiations, you will still save money.

Want Traditional Realtor’s Service With Minimal Interaction?

👉 Houzeo makes it possible!


Houzeo offers competitive deals with a 100% online presence and cutting-edge technology. Houzeo’s tech-centric broker partners charge just the upfront flat-fee, and no commission for all DIY plans.

2. Virtual Full-Service Agents

A common full-service agent will list your property, market it, price it, negotiate with buyers, and close the sale process.

Online discount realtors do all of that – VIRTUALLY. Due to their digital presence, they have many advantages such as lesser fees, discounted commissions, and much better management and marketing support. Many MLS listing companies like Houzeo, also provide full-service options that are 100% online.

    ✍️ SAVE: A virtual full service company will not provide any in-person agent support, meaning, you will have to take over most of the groundwork. It may not be the best option for a first time seller.

3. Flat Rate Low Commission

You can choose a low commission (flat-rate) agent in some markets. For a flat fee of $3,000 to $6,000, the agent will list and sell your home. The flat rate is based on the location, property’s worth, and how well the agent does their job. In this case, there is no percentage listing fee. Everything has a fixed price.

For example, The price on the list is $450,000. With a flat-rate model, the agent’s commission fee stays the same no matter what happens, even if you agree to sell your home for less money. This is because it is a flat rate that doesn’t depend on how much the house is sold for.

Before you hire a flat-rate agent, you should find out what kind of service you can expect from the company. Make sure you’ve read the contract all the way through before you sign it. Some services, like consultation, professional photography, yard signs, and other marketing materials might be included in the flat fee, but this is not guaranteed.

So, if you don’t include them in your budget, you may have to pay a lot of money out of your pocket. Any contract with a flat-fee agent needs to be read carefully, especially the small print. Also, keep in mind that even if you use a flat-rate agent, you will still have to pay the buyer’s agent fees, which will be between 2.5 – 3 percent.

4. Low Commission Realtors

Full-service low commission realtors offer many of the same services as traditional realtors for a low listing fee or flat rate, but they don’t charge as much. When a house is sold, they give the seller money back in the form of a discount on their commissions.

For example, if full-service discount brokers charge 1.5 percent of the sale price instead of the standard 2.5 percent of the sale price on a $450,000 house, you will save $4,500 in commissions. There are many discount real estate brokers who offer such low charges, but all of them are not the same.

Some have a lot more value and a lot less risk than others. You may come across inexperienced agents who offer limited support, but in most businesses, you have to take what you can get.

👍 BETTER IN ALL – AGENTS, SERVICES & SAVINGS!

Why pay a higher commission for a lower service? With Houzeo you can get better services at an affordable price!!

With HOUZEO

  • 👩‍💼Qualified and Reputed Agents
  • 💰You list your home at a very reasonable price within 24 hours
  • 📣 Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other sites
  • ⭐ 5-Star Customer Support
  • ❌ You can cancel anytime with no obligation

4 More Ways To Get Discounted Realtor Fees

If you negotiate well, then you are in luck. Commissions in the real estate industry can be negotiated, but often people are not aware of it. Even if the company is a flat-rate discounter, you can always ask for a few cuts. You can lower the amount you pay by a wide range of factors, including the location of your property, condition, and brokerage. 

Houzeo, a low-cost real estate company, can save you tens of thousands of dollars in commissions while still providing excellent service. If you want to lower your commission, here are some ways you can do it:

National Real Estate Commission

The national real estate commission is at an all-time low of 4.9%. Negotiating without knowing your leverage can be harmful to you. Therefore, once you know your reference, negotiations can be reasonable and beneficial to all the parties involved.

Buying and Selling With the same Discount Brokerage

Using the same discount brokerage firms or companies to buy and sell has its own set of benefits. Being a repeat customer gives you more chances to get refunds and cheaper commissions. For example, Landfall Properties, an MLS listing company, offers a rebate that can only be applied to your next purchase with the same company.

Pick the right type of discount broker

For example, picking a flat rate discount broker may not be the best option if your house is priced on the lower end. You will wind up losing more, instead, for maximum savings, you can pick a flat fee MLS company. 

Buyer Agent Fees

Almost all buyers work with an agent. For maximum savings, offer a competitive buyer agent commission. Once you cut out the risk factor of selling the house, your listing agent will be more comfortable with lowering their fee. 

How to choose a Low commission/ Discount Real Estate Broker, Brokerage, or Company?

To find a low-commission real estate agent or a discount realtor, look for a low-commission brand. Check for services and top companies. You will be assigned a low-commission real estate agent based on brokerage policies. As a seller, you can choose the right broker. Then you can use the chosen broker.

Discount Realtors Near Me That Offer Flat Fee Services

Before opting for a low commission brokerage, you should know the areas it covers. All the low-commission real estate agent providers do not have the same coverage. Some have nationwide coverage while some are restricted to a few states or counties.

We’ve compiled a list of the best flat fee MLS Listing Services in each state. Click on your state to check them out!

Alternatives to Discount Real Estate Brokers in Maryland

Traditional Agent 

A traditional agent assists you in buying, selling, renting, and all other aspects of real estate. A listing agent and a buyer agent are two types of traditional agents. Agents operate for brokerages and companies or under the supervision of a qualified broker.

Let’s get down to business with their commissions. The Maryland Realtor Association levies the average commission fee of 5% while selling a house. This is deducted from the seller’s proceeds and shared between the listing and buyer agents. The commission rate changes regularly and is determined by the location of your property.

The listing agent assists the seller in the sale and marketing of their home. The buyer’s agent, on the other hand, brings in clients who buy the house. They each get 2.5 percent after closing for a total of 5%.

iBuyers

An instant buyer, often known as an iBuyer, is a corporation that buys houses for sale for a cash offer. Unlike the usual way, the major goal is to sell it smoothly and without any hassle. They employ cutting-edge technology and provide you with complete closing flexibility.

They make reasonable offers, although with a large service cost. Most iBuyers charge additional closing fees, which can easily push your commissions up to 12%! For example, Redfin Now charges up to 13% in service fees, 3% in maintenance fees, and 1% in closing costs, which can potentially total up to a staggering 17 percent!

iBuyers have their own set of rules, with costs that aren’t necessarily in line with market norms. It is always better to pick a discount real estate broker instead and save thousands of dollars!

» MOREiBuyers: Selling your home for cash in 2022!

For Sale By Owner

As the term indicates, a for sale by owner property is sold by the owner without the assistance of a listing agent or real estate broker. It’s the most cost-effective approach to avoid commissions and selling your house quickly. FSBO is ideal for sellers with some experience with the selling process and marketing. The best way to FSBO is to list on the Multiple Listing Service. Their large database allows them to market your home to agents throughout the country, allowing it to sell faster and with the most exposure they can offer.

»READ: Best for sale by owner websites in 2022!

Let’s Find Out How Houzeo Works

Real estate bargain brokers fall midway between a for-sale-by-owner and a full-service agency. With MLS listing packages starting at $349 and cutting-edge technology that allows you to manage your property, review offers, counter, and manage showings online via their mobile app, Houzeo delivers the best of both worlds.

Check out the following video to understand: What is Houzeo? How does it work? And, why it is the best FSBO & Flat Fee MLS platform out there?

What is Houzeo?

An overview of what the platform is all about

Start Your FREE Listing NOW!

Conclusion:

There are many low-cost realtors, online low commission real estate agents, and discount real estate brokers in Maryland present in the market today that provides unique features. For a seller, it is recommended to check on pointers like listing fees, listing time, services offered, customer service, coverage, and technology to select a particular broker.

While there is close competition between the umpteen discount realty companies, Houzeo comes out to be a clear winner. With Houzeo, you get almost everything you require to sell your property. Not only sellers, but Houzeo also helps buyers with a lot of add-on features.

Moreover, Houzeo is 100% online and automated to cater to various seller needs. Additionally, the platform is one of the leading Flat-Fee MLS providers that has changed the way FSBO works in the real estate industry.

Frequently Asked Questions

What do real estate brokers do?

Individuals with the Maryland broker license help home buyers and sellers rent, buy, and sell their property. They help their clients understand the real estate market, prices, documentation process, legal process, and more. People often use the term 'real estate broker' and 'agent' interchangeably, but there is a difference between the two. Brokers are essentially one step ahead of an agent and can work independently as an individual or run a broker company. Agents have to work with a broker or brokerage to offer their services.

How to become a real estate agent in Maryland?

To become a real estate agent in Maryland , the aspirant must complete the 60-hour pre-licensing course from an approved institution. After completing the course, they may apply for the exam to obtain the license. After clearing the exam, getting a real estate license in MD is not difficult. The individual must apply to receive a license within a year of clearing the examination. Once received, they can join a brokerage or work with a licensed broker to make the agent license active.

How much commission does a realtor make in MD?

The average real estate agent commission in Maryland is 5%-6%. The listing agent and buyer agent each receive 2.5%-3% commission from the seller. For example, your house is priced at $550,000. A traditional agent will charge you between 2% and 3% of the sale price - which is $16,500.

Who pays realtor fees in Maryland?

Realtor fees are largely borne by the seller. They pay based on the legal agreements and will have to pay the amount as discussed during the process. Sellers must be careful before doing the final closing and ensure they settle everything fairly.

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