$15,000—that’s what you’re paying an agent to list your home on the MLS, set the price, review contracts, and negotiate offers. But here’s a secret: Oklahoma discount brokers get all that done for a fraction of the cost!
Houzeo, Oklahoma City’s #1 discount real estate service, offers virtual full-service assistance for just $349. That’s thousands of dollars in your pocket!
Key Takeaways:
- Discount real estate brokers save thousands in commission while still offering professional support.
- The 6 best discount brokers in Oklahoma City are Houzeo, Clever Real Estate, Flat Fee Realty, UpNest, JMR Realty, and Ideal Agent.
- Houzeo is the best discount real estate service in Oklahoma City. You get virtual full-service support, high-tech tools to manage your offers, and 5-star customer support.
- Clever ranks second because of their high professionalism, excellent communication, and 5-star rating.
- Beware of hidden fees when selecting a discount broker. Pricing varies by region, so read the fine print.
- Assess crucial factors such as pricing, service quality, and transparency to make an informed and confident decision.
Rankings: Top 6 Oklahoma City Discount Real Estate Brokers
We’ve listed the top 6 discount real estate brokers in the OKC based on how much you can save on an average $273,500 home.
| Rank | Discount Real Estate Broker / Company | Listing Fee | Additional Charges | Max Savings | 100% Online | Mobile App |
|---|---|---|---|---|---|---|
| 1. | Houzeo.com | $349 Flat Fee | ❌ | ✅ | ✅ | ✅ |
| 2. | Clever Real Estate | 1.5% Commission | ❌ | ❌ | ❌ | ❌ |
| 3. | Flat Fee Realty | $299 Flat Fee | ❌ | ❌ | ❌ | ❌ |
| 4. | Ideal Agent | 2% Commission | ❌ | ❌ | ❌ | ❌ |
| 5. | JMR Realty | 1% Commission | ❌ | ❌ | ✅ | ✅ |
| 6. | UpNest | 4.3% Commission or As decided by the agent | ❌ | ❌ | ❌ | ❌ |
Types of Real Estate Discount Brokers in Oklahoma City
There are two types of Oklahoma City discount real estate brokers:
- Flat Rate Discount Brokers: Also called Flat Fee MLS companies, these discount realty services let you list your home for a fixed upfront fee. A Flat Fee MLS Oklahoma listing service costs between $399 to $4,000.
- Fixed Percentage Discount Brokers: These discount Realtors charge a fixed percentage of the home’s sale price. Typically, it is anything lower than the traditional 3% fee: 1%, 1.5%, 2% or 2.5%, etc.
Reviews: 3 Best Flat Rate Discount Real Estate Companies in Oklahoma City
1. Houzeo.com
BEST DISCOUNT REAL ESTATE SERVICE
Listing Fee: $249Houzeo leads in discount real estate services with 20M+ active real estate listings on its platform. You get to choose from 3 packages:
- Silver Package – $249: Your home is listed on your local MLS with 24 photos for 6 months. It is also visible on Zillow, Trulia, etc. You get unlimited listing changes, open houses, and tools like Houzeo Showings and Houzeo offers.
- Gold Package – $299: You get all the benefits in the Silver package plus maximum photos and licensed broker assistance in this package. You also get seller disclosures and a premium yard sign that makes your listing pop.
- Platinum Package – $349: You get everything in the Gold Package, along with virtual full-service support and a personal concierge. Plus, all the buyer and agent calls are forwarded to you along with a 12-month listing term.
Note: Expect an additional fee of 0.5% to 1.25% at closing.
Here are the key reasons why Houzeo is one of the top discount real estate services:
- Max Savings: Houzeo’s flat fee packages help you skip agent commissions. Plus, with Platinum package, you get professional assistance similar to that of traditional agents.
- 100% Online: You can manage your listing, showings, and negotiations from your phone with the Houzeo Mobile App.
- Instant Social Sharing: You can post your home listing across Facebook, WhatsApp, LinkedIn, and X in an instant.
- 5-Star Customer Service: Houzeo has a 5-star customer support and chat service. You can access them 6 days a week.
- No Hidden Charges: All costs are disclosed upfront on Houzeo’s website, so you don’t have to worry about any hidden fees.
There are no dealbreakers with Houzeo.
Houzeo is rated 4.9 out of 5 stars on Google and Trustpilot.
» Houzeo Reviews: With over 11,100 happy customers, Houzeo is the most trusted discount real estate broker.
👉 Our Take: We recommend Houzeo’s Gold plan for most home sellers. It combines Houzeo’s advanced technology, maximum exposure, 5-star customer service, and virtual broker assistance. Plus, you can save 2% to 5% on commissions at closing.
Houzeo is the #1 discount real estate broker in Oklahoma City. The company provides features like IntelliList management to simplify your listing process. Besides this, you get 5-star customer support, advanced technology, showings management, and offers all at your fingertips.
2. Clever Real Estate
IN-PERSON REALTOR ASSISTANCE
Listing Fee: 1.5% CommissionClever Real Estate offers 1 full-service package with in-person agent assistance:
- 1.5% Commission: Your property is listed on the MLS by your chosen agent. You also get assistance with pricing your home, professional photography, marketing, negotiations, and closing. The 1.5% listing fee comes with a minimum commission of $3,000.
Here are the reasons why Clever Real Estate can be a good choice for you:
- No Upfront Fee: You pay nothing to list your property. Commission is only due when your home sells.
- No Obligation Process: You can interview agents with no obligation. A listing agreement and commission are only paid if you sign and close with an agent
- Full-Service Agent Experience: You get matched with a full-service local agent who helps you from listing to closing. They also use creative ways to market your house, like professional photography, and help with closing paperwork.
- Nationwide Agent Network: Clever works with top-rated agents from major brokerages like Keller Williams and RE/MAX. Every agent has at least 5+ years of experience, a strong sales record, and positive customer reviews. Clever’s network spans all 50 states.
- Buyer Cashback Program: If you’re a buyer, you could get a cashback of $250 (if you buy with Clever) or $500 (if you buy and sell with Clever). This money can help with moving, furniture, or closing costs.
Here’s one drawback of working with Clever Real Estate:
- High Minimum Fee: There’s a minimum listing fee of $3,000. This isn’t ideal for homes under $200,000 or fix-uppers.
Clever Real Estate has a rating of 4.9 out of 5 stars based on 3,696 reviews on Trustpilot.
Clever Real Estate Reviews: Read why Clever Real Estate is the best choice for in-person assistance.
👉 Our Take: We recommend Clever Real Estate for first-time sellers. Their full-service agents guide you throughout your home sale process with no upfront fees. You get in-person Realtor assistance at just 1.5% commission.
3. Flat Fee Realty
LIMITED SERVICES
Listing Fee: $199Flat Fee Realty offers a single listing package to get your home on the MLS:
- $199 Package: This plan offers a 6-month listing term with up to 5 property photos. Your home is listed on the local MLS and syndicated to Zillow, Trulia, and Realtor.com for maximum exposure. You also get free listing status and price changes.
These are some pros of Flat Fee Realty in the areas it operates:
- Free Listing Updates: Sellers can update the status or price of their listing at no additional cost.
- Cancellation Flexibility: You can cancel your listing anytime without penalties, offering greater control over the process.
- Broad MLS Exposure: Your listing gets syndicated to major real estate websites like Zillow, Trulia, and Realtor.com, maximizing visibility.
In our research, we have found certain drawbacks of Flat Fee Realty:
- Limited Photos: The base package only includes up to 5 photos, which may not be sufficient for attracting buyers.
- Photo Upgrade Fee: To add more than 6 photos, you must pay an extra $50, increasing the overall cost.
- No Full-Service Support: The package does not include real estate agent assistance for negotiations, pricing guidance, or listing agreement reviews, which can be challenging for inexperienced sellers.
- Hidden Commissions: The brokers charge a closing transaction fee of 0.10% to 0.25% of the sale price. Apart from this, there may be additional fees after your listing is completed, as well. These charges are not mentioned upfront but rather in FAQs.
- Unclear Cancellation Fees: Even though no cancellation fees are disclosed upfront, they are buried deep in the FAQs.
Flat Fee Realty has a rating of 2.7 out of 5 stars from 5+ reviews on Houzeo.
» Flat Fee Realty Reviews: Check out our in-depth analysis of their services.
👉 Our Take: Flat Fee Realty can be a good option for experienced sellers who can handle the sale independently. However, we do not recommend them for their limited services and lack of transparency with charges.
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.
Reviews: 3 Best Fixed Percent Discount Brokers in Oklahoma City
4. UpNest
Negotiable FEES
Listing Fee: Varies as per the agentUpNest offers agent-matching services. Here’s how it works:
- No Upfront Cost: UpNest connects you with top local real estate agents at no upfront cost. Agents will discuss commission rates, fees, and potential discounts directly with you.
Here’s what UpNest offers:
- Multiple Agent Proposals: Get 3–5 commission quotes from top local agents. Compare options easily without contacting agents yourself.
- Quick Turnaround: Receive agent matches within 24 hours of signing up.
- Transparent Pricing: View all commission rates and potential savings upfront. There are no hidden fees or pressure to commit.
- Nationwide Coverage: It offers service throughout the US. It connects you with the local agent who has current market insights.
Here are some of the downsides of working with UpNest:
- No Guaranteed Savings: UpNest does not offer guaranteed savings. Instead, each agent sets their own listing fee.
- No Control Over Agent Selection: UpNest shows you commission quotes from selected agents. As a result, you might miss out on other qualified agents who are part of their network.
UpNest has a rating of 4.7 out of 5 stars on Google.
» UpNest Reviews: Is UpNest actually saving you money in 2024? Read to find out.
👉 Our Take: With UpNest you get multiple real estate agent options to choose from. However, agents' commission rates and qualifications can vary significantly, and the quality of service may depend on the broker you select.
UpNest is a licensed agent-matching brokerage. It is headquartered in California. Move, Inc., (the parent company of Realtor.com) acquired UpNest in June 2022.
UpNest pairs you with local agents with a proven sales record. However, you may end up fixing a high commission for the agent.
5. JMR Realty
LOCAL EXPERT
Listing Fee: 1% of sale priceJMR Realty is a discount brokerage that offers low-commission services to home sellers and buyers. They have two plans for FSBO homes.
- 1% Commission: Services include professional photography, yard sign, Comparative Market Analysis, contract negotiation and more. Your listing gets displayed to local and national real estate websites.
- Flat Fee Package – ($999): The services provided are similar to the full-service package. The seller handles additional tasks like negotiations, house inspections, showing coordination, etc. This fee is non-refundable.
👉 Our Take: JMR Realty can be an good option for experienced sellers, who do not need much hand-holding can opt for their Flat Fee package. However, you can consider other affordable Flat Fee MLS companies for more savings.
Based on our research, the benefits of JMR Realty are:
- Market Exposure: Your home gets featured in the local MLS and all major real estate websites. They also digitally market your property.
- Local Expert: JMR Realty is an Oklahoma-based discount realty. Their agents are industry professionals with in-depth knowledge of the local market.
- Comprehensive Service: Both packages include professional photos, marketing, showing coordination, etc.
Here are some limitations we found with JMR Realty:
- Non-refundable Flat Fee: The $999 flat fee is non-refundable, even if your home doesn’t sell or if you’re unsatisfied with the service.
- Limited Coverage: They offer their services only in Greater Oklahoma City and Edmond.
- Less Automation: They lack advanced tools for managing the sale process such as automated online listing management.
- Limited Reviews: Despite being in the business since 2010, JMR Realty does not have enough reviews.
JMR Realty has a 5-star rating on Google.
Jimmy Hughes established JMR Realty. The company offers full service and flat fee packages to home sellers.
JMR Realty serves Edmond, Oklahoma City, Guthrie, Yukon, Mustang, Midwest City, and surrounding areas. However, they do not offer any buyer rebates to home buyers.
6. Ideal Agent
Agent Matching Service
Listing Fee: 2% of Sale PriceIdeal Agent is an agent matching company. It offers a single listing package for sellers:
- 2% Commission: Ideal Agent charges a 2% commission to the listing agent, which is lower than traditional rates (typically 2.5 – 3%). On an average home price of $400,000, you will be charged $8,000.
👉 Our Take: The 2% listing fee is competitive, however, the buyer’s agent still gets a 2.5 – 3% commission, bringing the total commission to around 4.5 – 5%. The savings are notable but not as significant as flat-fee brokers.
Ideal Agent stands out with several attractive offerings:
- Top Agents: The platform only works with experienced agents from major brokerages like Keller Williams Realty and RE/MAX.
- National Network: Coverage extends across the U.S., making it a versatile option for sellers nationwide.
It’s important to be aware of these potential drawbacks:
- Limited Savings: Despite the reduced listing commission, the total commission cost isn’t drastically different from standard agents.
- Agent Pool: In less populated areas there may be fewer agents to choose from, limiting flexibility.
Ideal Agent has a rating of 5 out of 5 on Trustpilot.
» Ideal Agent Reviews: Does Ideal Agent benefit you in the 2024 market?
Steve Johnston established ldeal Agent in 2016. It is headquartered in Tampa. It offers all the traditional Realtor services with a 2% commission on home sale value.
However, customers who have used their services have complained about hidden charges.
Discount Real Estate Brokers Oklahoma City: How Much Will You Save?💲
You could save up to $11,569 when selling a median-priced $250,900 home with a Flat Fee MLS service in Oklahoma city.
However, if you pay a standard 6% commission fee, you’d have to pay a whopping $15,054 to your listing agent. But, with Houzeo’s Platinum plan, you will only pay $349 with a 1.25% charge at closing.
NAR Settlement Saves Sellers Thousands in Commission
The NAR Settlement went into effect on August 17, 2024. Buyer agent commissions can no longer be offered on the MLS. This means sellers will save thousands! But it also means there’s a lot more compliance and litigation risks.
Here’s what this means for you:
- Sellers Can Save Thousands in Commissions: You will likely be paying much less than the traditional 3% buyer agent commission. That’s because buyer agent commissions will be negotiated twice: Once when buyers engage Buyer Agents and again when sellers review offer contracts.
- Seller Priority #1 Will Be Paperwork (to Mitigate Compliance & Litigation Risks): Buyer agents mitigate all types of risks. From seller disclosures, offer contracts, contingencies, inspections, repair requests, appraisal, and closing – Buyer agents keep the paperwork tight. Their state licensing authorities, Realtor associations, and MLS’ audit paperwork compliance. Without buyer agents, sellers will have to learn and adapt. Or risk expensive litigation.
- Negotiations Can Now Feel Like Haggling: Buyer agent commissions will now be part of offer contracts and buyer agency agreements. Buyers may ask sellers to include commissions in the form of seller concessions. That means home buyers and sellers alike will be negotiating commissions. Sellers will need expert licensed brokers to help them with these negotiations.
- Buyer Agent Commissions Can Be Offered Offline: Buyer agent commissions can still be offered outside of the MLS. They just cannot be advertised on the MLS.
Discount Realtors in Oklahoma City: Pros and Cons
Even though cheap Realtors in Oklahoma City will save you thousands in commissions, you should consider the advantages and disadvantages of hiring one:
Pros ✅
- Sell Home for a Discounted Fee: You’ll pay less fees for a discount real estate listing in Oklahoma City than a 6% Realtor. Even if you only want to list your Oklahoma home on MLS, you pay a much lower fee than the typical 3% listing agent fee.
- Receive Full-Service Realtor Services: Discount real estate agents in Oklahoma City will provide the basic services that any traditional agent would. This includes assistance with pricing your home, marketing, paperwork, and negotiations.
Cons ❌
- You May Become a Victim of Hidden Fees: Some discount brokerages in Oklahoma City may charge hidden fees or sell essential services a la carte. Beware of shady discounted agents who lure you in with significantly low fees. Do your research and look at the best discount realtors in OK.
- Unreliable Service Quality: Discounted real estate brokers in Oklahoma City handle multiple clients at once to make up for the reduced commission rate. They may not be able to provide personalized assistance all the time.
- High Cancellation Fees: An OK discount real estate broker can charge a minimum withdrawal fee within a specified period. Remember to carefully review the terms and conditions of the contract before signing.
How to Choose the Right Oklahoma City Discount Real Estate Broker?
Choosing the right discount listing agent can feel like navigating an alligator alley, tricky but not impossible! Here’s how to make the right decision in Oklahoma City:
- Assess Your Selling Needs: Consider whether you need full-service support or just a basic MLS listing. If you can handle the negotiations and closing paperwork yourself, you can go for basic listing-only plans.
- Compare Pricing and Services: Check the list of services and their prices from different companies. Ensure the company you choose doesn’t have any hidden fees that will increase your overall expenses.
- Evaluate Technology and Tools: Check to see if your discount broker provides tools for offer and showings management. Also, ensure the home is visible to serious buyers browsing for properties for sale in Oklahoma City.
- Check Agent Support: Some companies offer virtual support, while others provide dedicated agents. Make the decision based on your requirements.
- Read Customer Reviews: Check platforms like Google, Trustpilot, and BBB for authentic reviews. Take note of closing success stories, responsiveness, and service quality.
Alternatives to Discount Real Estate Agents in Oklahoma City
Here are some options if you do not want to opt for a discount Realtor in Oklahoma City:
- Sell Your Home For Sale By Owner: In a FSBO sale, you’ll have to opt for “DIY” marketing strategies like using FSBO signs, word of mouth, open houses, etc. But your listing won’t be on Zillow, Trulia, Realtor.com, and Homes.com! Meanwhile, FSBO websites in Oklahoma will help you list on the MLS and increase exposure.
- Sell Your House to Cash Buyers: Almost all cash buyers in Oklahoma scour the MLS for Oklahoma homes for sale. This includes iBuyers, investors, and home flippers.
- Sell With a Full-Service Realtor: If you are not interested in saving your equity, you can hire a full-service, in-person Realtor in Oklahoma City. You’ll end up paying a full 5% to 6% commission. That’s $16,410 on a $273,500 home gone!
» Houzeo Reviews: Find out what customers have to say about Houzeo—Oklahoma City’s best home-selling website.
