8 min read Apr 06, 2024

Top 5 Discount Real Estate Brokers in Nevada (2024)

Editor
Edited By

Carol Coutinho

icon
Editor
Edited By

Carol Coutinho

Editor, Houzeo
About

Carol is a versatile content editor and writer, crafting riveting narratives with precision and finesse. When not reading a novel, she is immersed in the enthralling world of the theater.

Find Carol Here

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

The current median home price in Nevada is $446,200. The traditional 6% commission will cost you a whopping $26,772. 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 $17,848.

You can lower this amount to around $13,386 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 Nevada

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

RankDiscount Real Estate Broker / CompanyListing FeeAdditional ChargesMax Savings100% OnlineMobile App
1.Houzeo.com$399
Flat Fee
2.Home Rebate Nevada1%
commission
3.Sell My Home LV1%
Commission
4.Redfin1%
Commission
5. Homie$5,000 Flat Fee

Reviews: Best Discount Real Estate Brokers in Nevada

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 is America’s #1 ranked real estate brokerage company. It provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology.

Houzeo’s flat fee feature helps you save thousands on agent commissions. You also get dedicated customer support that makes the home-selling process much easier and effortless.

2. Home Rebate Nevada

GREAT SAVINGS

Home Rebate Nevada
Home Rebate Nevada
  • Listing Fee: 1% of the sale price
  • 5 Stars 5/5 (1 Review)

Home Rebate Nevada is one of the local Las Vegas real estate companies. They offer home-buying and selling services under the name Home Rebate Nevada.

Home Rebate Nevada for Home Sellers

  • 1% Flat Listing Fee: It includes professional photography, an electronic key box, a front yard sign, exposure to websites like Trulia, Realtor.com, and Zillow, and open houses.

Home Rebate Nevada for Home Buyers

  • Buyer Rebate: They offer buyer rebates of 50% to 80% on any new or resale home purchased. However, these must be used towards closing costs or buying down the interest rate.

👉 Our Take: Home Rebate Nevada offers a 1% flat listing fee to home sellers. The company also provides a higher percentage of buyer rebates compared to other Las Vegas NV Realtors.

Home Rebate Nevada offers certain advantages:

  • User-Friendly Website: Their website is easy to navigate and has a user-friendly interface.
  • Higher Rebate: They offer a high percentage of buyer rebates compared to other Realtors.
  • Professional Photographs: They provide up to 35 professional photographs.

Home Rebate Nevada has certain disadvantages:

  • Limited Coverage: It mainly covers the Nevada region, which limits the customer base. This reduces the probability of attracting potential buyers.
  • No Credible Reviews: Home Rebate Nevada has not been rated on credible review sites. The quality of their services cannot be ascertained.

Home Rebate Nevada has a rating of 5 out of 5 stars from 1 review on Yelp.

Home Rebate Nevada, established in 2017, is a full time real estate agency serving the Las Vegas Valley. Specializing in home listings and purchases, they offer up to an 80% rebate on new home sales, dependent on the home’s sale price and the percentage of commission paid by the builder at closing.

3. Sell My Home LV

1% COMMISSION

Sell My Home LV - Steve Hawks
steve hawks platinum r.e. professionals
  • Listing Fee: 1% of the sale price
  • 4 Stars 4.0/5.0 ( 3 Reviews)

Sell My Home is a 1% commission realtor. It is a part of the Platinum Real Estate Professionals group.

  •  1% Commission: This includes a professional photo shoot, listing on websites like Zillow and Redfin, yard signs, and an e-lockbox. They offer professional online virtual tours of some listed properties.

👉 Our Take: Sell My Home is worth considering as an option for its low-commission services. However, it doesn’t have any online reviews or ratings, which makes them less reliable.

Sell My Home offers certain advantages:

  • Market Exposure: They have good local market exposure.
  • Experienced Team: Their agents have a good knowledge of the local real estate market.
  • Cashback for Short Sale: They offer cashback on short sales. Their experienced agents guide you throughout the process.

Sell My Home has certain disadvantages:

  • Outdated Website: Sell My Home does not have an updated website. The information needs to be presented with more clarity for home sellers and buyers.
  • Limited Coverage: It mainly covers the Nevada region, which limits the customer base. This reduces the probability of attracting potential buyers.
  • No Credible Reviews: Sell My Home has not been rated on credible review sites. The quality of their services cannot be ascertained.

Sell My Home LV is rated 4.0 out of 5 stars by home sellers on TrustPilot.

Sell My Home is part of the Platinum Real Estate Professionals group. They sell your home for a 1% commission, considerably less than the market average of 3%.

However, Sell My Home has no ratings on credible review sites. This makes them less reliable.

4. Redfin

BEST TECH-ENABLED BROKERAGE

Redfin.com
redfin-logo-DRB
  • Listing Fee: 1% of Sale Price
  • Available in 80+ U.S. Markets
  • 4.25 stars 4.3/5 (60+ reviews)

Redfin does not disclose its pricing on its website. Sellers will have to pay common closing costs.

  • It offers 0.5% buyer’s rebate. To avail this, you’ll have to buy and sell with them.

👉 Our Take: Redfin offers 1 rebate option but with a strict clause. While, other real estate companies are willing to offer a higher rebate.

» Redfin Reviews: The reality of the buyer’s rebate.

Here are some advantages of choosing Redfin:

  • Advanced Technology: With 3D walkthroughs and 40+ filters to narrow down your search, the Redfin app makes it easy to find the right home from anywhere.
  • Paired With Local Agents: Local agents know their market better. This can help you secure a good deal.
  • Home Tour: You can see updated listings every 5 minutes on their website. You can also schedule a home tour for the same day.
  • Nationwide Coverage: Redfin covers 80+ markets in the US.

Here are some limitations we found with Redfin.

  • Strict Rebate Criteria: Clients who sell and buy with Redfin within one year get a rebate of 0.5%.
  • No Freedom in Agent Selection: You get an agent assigned automatically without having a choice in the matter.
  • Agents Are Less Incentivized: Unlike traditional agents who work for commission, Redfin agents get a fixed salary. This can demotivate them from offering you additional services.
  • Poor Customer Reviews: Customers have complained that agents are often unreachable and unprofessional.

Redfin has an average rating of  4.3 out of 5 stars from 60+ reviews on Google.

» Redfin Reviews: The Reality of the 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.

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 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.

Top Discount Real Estate Brokers Near Me

Find discount realtors in your neighborhood:

Las Vegas, NVDiscount Real Estate Brokers in Las Vegas, NV

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 Nevada?

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 Nevada

The four major types of real estate discount brokerages and companies in The Silver 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% of the usual fee. They cover everything from listing to 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 Nevada

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

  • 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 Nevada markets. iBuyers can be a great option if you want to sell your house fast in Nevada.
  • 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 Nevada 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 advantages. Before you choose one, examine factors such as listing fees, listing time, services provided, customer service, and coverage.

With Houzeo, you can get your home on the MLS in 24 hours for a small flat fee. You also get extra savings and services like access to an offers dashboard, showings management, and 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 Nevada?

Houzeo.com, and Redfin are the top discount real estate brokers in Nevada.

How much is the real estate agent fees in Nevada?

On average, traditional agents in Nevada, 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.

Save $20

On Silver & up plans

Use Coupon Code:

Copied

Need help? Call us on

(844) 448-0110