8 min read Jun 05, 2024

Top 5 Discount Real Estate Brokers in Oahu, HI (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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Sellers across Oahu can save thousands on real estate agent commissions. With discount real estate brokers in Oahu, you can slash the traditional 6% rate down to just 2% to 3%.

The current median home price in Oahu is $697,000. The traditional 6% commission will cost you a whopping $41,820. 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 $27,880.

You can lower this amount to around $20,910 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.

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 Oahu, HI

RankDiscount Real Estate Broker / CompanyListing FeeAdditional ChargesMax Savings100% OnlineMobile App
1.Houzeo.com$349
Flat Fee
2.OahuRE2%
Commission
3.Pacific Image Properties1.5
Commission
4.Redfin1.5
Commission
5.Trelora1%
Commission

Reviews: 5 Best Discount Real Estate Brokers in Oahu, HI

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 maximum savings, and 5-star customer support, and is available both on iOS and Android platforms.

Houzeo’s flat fee feature helps you save at least $10,000 on agent commissions. You also get dedicated customer support to make your home-selling process easier.

2. OahuRE

GREAT LOCAL EXPOSURE

OahuRE.com
OahuRE
  • Listing Fee: 2% of sale price
  • 4.75 Stars4.9/5 (97 reviews)

OahuRE.com is a full-service real estate broker that helps sellers to sell their houses at a discounted commission.

For Home Sellers:

  • Full Service – 2% Commission: This is a full-service package that charges 2% of the final sale price at closing. Their services include agent assistance, professional photography, extensive marketing, etc.
  • Flat Fee – $3,500: They charge a flat fee of $3,500 to list your home on the MLS. This is a full-service package which includes market analysis, closing cost calculator, paperwork assistance, etc.

For Home Buyers:

  • Buyer’s Rebate: Home buyers get a rebate of 20% if they purchase homes through Oahu.RE’s representation.

👉 Our Take: We recommend the flat fee package as it comes with all services you would require as a home seller. Home buyers can also save 20% by opting for the buyer’s rebate.

Oahu RE is a discount brokerage serving the state of Hawaii.

  • Low Commission: They offer their full service at a 2% commission. You get to save thousands without compromising on the services and quality.
  • Agent Representation: They will assign an agent that will help you through every step of the process. This helps you to stay updated and makes the sales process significantly easier.
  • Professional Photography: You get a professional shoot for your home along with photo editing for enhanced appeal. They provide a personalised website for your listing with 4 times larger images to represent your home the best.
  • Additional Features: Their full-service includes a transaction management system, a showing feedback system, and a customized website linked to over 1000 MLS sites.

In our research, we found no red flags with OahuRE. They have stellar customer reviews online and are praised for their customer support.

OahuRE has a rating of 4.9 out of 5 from 97 total reviews on Google.

Oahu.RE offers both flat fee as well as commission-based full-service packages to home sellers. You get customized websites and other technical advantages to manage the home sale process.

However, their coverage is limited and so is their client base. They have more services for home sellers than buyers.

3. Pacific Image Properties

GREAT SAVINGS

Pacific Image Properties
Pacific Image Properties
  • Listing Price: 1.5% of sale price
  • 3.5 Stars 3.7/5 (3 reviews)

Pacific Image Properties is a discount real estate brokerage that offers services across Hawaii.

For Home Sellers:

  • 1.5% Commission: It includes professional photography and an open house. Their effective online marketing service gives the property the best possible exposure.

For Home Buyers:

  • Buyer’s RebatePacific Image Properties gives 30% of the buyer agent commissions to the buyers as rebates. You can save big!

👉 Our Take: Pacific Image Properties is a decent option for buyers and sellers in Hawaii. With their web marketing strategies, your property receives the most exposure possible.

You get the following benefits if you sell or buy with Pacific Image Properties.

  • Experienced Agent: Clients have enjoyed working with their agent Eugene Harrell. He is known to be trustworthy and professional.
  • Property Management: They provide complete long-term property management services. They assist in finding tenants, coordinate tenant move-in and move-outs, and manage property inspections and repairs.

In our research, we found certain drawbacks of Pacific Image Properties.

  • Outdated Website: Their website does not provide adequate information about their services. Moreover, they are not 100% online.
  • Poor Customer Reviews: Some customers have complained about the agent’s quality.

Pacific Image Properties has an average rating of 3.7 out of 5 from 3 reviews on Google.

Pacific Image Properties offers services all over the state of Hawaii at a discounted rate. They cater to both home buyers and sellers.

However, their packages are not mentioned clearly on the website. They have very few reviews online to account for the quality of their services.

4. Redfin

Best-In-Class Agents

Redfin.com
Redfin
  • Listing Fee: 1% of Sale Price
  • Available in 80+ U.S. Markets
  • 3.3 Stars 3.4/5 (135+ Reviews)

Redfin is the largest discount real estate company. Its premier agents, with years of experience, help you buy and sell high-end homes. 

  • Listing Price: Redfin charges a 1% listing fee if you want to sell a house and buy your next one with them. It charges a 1.5% listing fee if you decide to just sell your house with Redfin.

👉Our Take: Redfin is a technology-based platform. You can expect transparency and an accurately managed database. However, you may not get complete attention due to their high customer volume.

» Is Redfin Legit? Check the legitimacy of Redfin’s discount broker services

Redfin offers:

  • Competitive Pricing: You pay a listing fee of 1% if you decide to sell and buy with Redfin.
  • Updated Technology: Redfin provides a mobile app, 3D walkthrough, relevant filters, etc. This makes the real estate transaction seamless.
  • National Presence: Redfin covers 80+ markets in the US.

» Redfin Pros and ConsRead about the advantages and drawbacks of Redfin services.

The disadvantages of using Redfin are:

  • Pricing Inaccuracy: Many sellers have complained about certain factors like, lot area, a gated compound, or a city location not getting considered during valuation.
  • Long Time for Listing: As per Redfin’s agreement, it takes almost 15-18 days to verify the seller’s property and list their house.
  • Lack of Customer Service: There has been negative feedback about lack of personal attention by Redfin salaried agents.

Redfin has an average rating of 3.4 out of 5 stars on Yelp and average 3.7 out of 5 stars on Google.

» Redfin Reviews: The reality of 1% fees, pros, cons, and alternatives!

Redfin connects you with real estate agents in your area by utilizing technology and market data. However, your savings are not guaranteed.

You need to buy a house through Redfin within a year to get back 0.5% of the listing fee. If you do not opt for that, you lose out on the refund.

5. 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 real estate website that puts home sellers, agents, and buyers under the same roof.

Their agents handle multiple clients at a time. This could lead to miscommunication and a lack of personalized support.

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 Oahu?

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 Oahu

The four major types of real estate discount brokerages and companies in the Gathering Place City 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 Ohau

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

  • 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 Hawaii markets. iBuyers can be a great option if you want to sell your house fast in Hawaii.
  • 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 Hawaii 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

1. Who are the best discount real estate brokers in Hawaii?

Houzeo.com and OahuRE are the top discount real estate brokers in Oahu.

How much is the real estate agent fees in Oahu?

On average, traditional agents in Oahu, 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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