» Jump To: Rankings | Reviews | What is a Discount Real Estate Broker? | Why Choose a Discount Real Estate Broker? | Discount Real Estate Brokers to Avoid | Conclusion | Frequently Asked Questions
Compared to last year, the number of houses sold in Panama City Beach dropped by 55.6% in July 2022. In this somewhat competitive market, the best discount real estate brokers in Panama City Beach, Florida can help you save thousands of dollars in commissions and make your sale hassle-free. Here are the top ones:
Rankings: Discount Real Estate Brokers in Panama City Beach, Florida
| Rank | Discount Real Estate Broker / Company | Listing Fee | Additional Charges | Max Savings | 100% Online | 5-Star Reviews* | Mobile App |
|---|---|---|---|---|---|---|---|
| 1. | Houzeo.com | $349 Flat Fee | ❌ | ✅ | ✅ | ✅ | ✅ |
| 2. | Get More Offers | $4,500 or 1.5% Commission | ❌ | ❌ | ❌ | ❌ | ❌ |
| 3. | Houwzer | $5,000 Flat Fee | ❌ | ❌ | ❌ | ❌ | ❌ |
| 4. | Redefy | $3,500 Flat Fee | ❌ | ❌ | ❌ | ❌ | ❌ |
Reviews: Discount Real Estate Brokers & Companies in Panama City Beach, Florida
1. Houzeo.com
🔥 BEST OVERALL
Houzeo.com
- Listing Fee: $349 Flat Fee
4.9/5.0
(4,055 Reviews)
4.9/5.0
(4,055 Reviews)Why Houzeo is #1: Houzeo.com, a tech company, provides an unbeatable combination of maximum savings, cutting-edge technology, and 5-star customer support. It offers exposure to MLS, Zillow, Realtor.com, Redfin, Trulia, and hundreds of other websites.
Houzeo for Home Sellers
- Flat Fee Packages: Houzeo offers various plans with a typical small flat fee. This will save you thousands on the seller agent commission and even more if your buyer is unrepresented.
- Cutting Edge Technology: Houzeo’s Intellilist Management System is designed to simplify the complex process of listing management. Some other tools Houzeo.com offers are the Seller’s Closing Cost Calculator, Houzeo Showings, and Houzeo DigiTransact.
- Fast Listing & Changes: Houzeo is 100% online. This makes listing a home easy and quick. Moreover, contracts are auto-generated, and turn-around-time is less, especially with their 5-star customer support.
Houzeo for Home Buyers
- Directly Connect with the Seller: Buyers can explore For Sale By Owner properties on Houzeo and directly make an offer, avoiding the hassle of involving realtors.
- Substantial Savings: Since no broker commission is involved, the closing cost for buyers is reduced. This can help them save more money.
- Tools: Houzeo’s closing Cost Calculator is also available to buyers. Additionally, buyers can schedule visits to the open house through the Houzeo mobile app.
👉 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.
» Houzeo Reviews: Testimonials and Overall Satisfaction Rating!
- Near Nationwide Coverage: Houzeo covers 47 states + DC.
- No Listing Agent Commission: With Houzeo, you only pay a small flat fee to get access to the MLS and all the Houzeo tech
- 100% online: Easy listing, fast changes, online showings, and online offers
- Max Exposure: Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other real estate sites
- Fast Listing: Rush listing option gets you listed within a business day with Houzeo Concierge. This is best to sell your house fast.
- Real Estate On the Go: Houzeo Mobile App mimics most functionality of the Houzeo web platform, including Offers and Showings
- 5-Star Customer Service: Superb support that minimizes Houzeo complaints
- No Hidden Fees: There are no Houzeo hidden fees
» Is Houzeo Legit: Learn more about Houzeo.com’s locations and services
Houzeo.com has a 4.9 out of 5 rating on Google & Trustpilot.
Houzeo.com is available nationwide.
2. Get More Offers
💸 BUYER REBATE
Get More Offers
- Listing Fee: $4500 or 1.5% of the sale price
- No credible reviews were found.
Why Get More Offers is #2: Get More Offers is a real estate software management system with a discount real estate broker e-commerce website. They also offer flat fee MLS listings.
Get More Offers for Home Sellers
- No Upfront Fee: Get More Offers charges a commission of 1.5% at closing. There is no upfront fee. However, they have a minimum commission of $4500.
- Full Service: The ‘PRO’ plan includes services like pre-listing consultation, contract negotiations, and professional photography, to name a few.
- No Open House: The firm does not offer open houses. Please note that most discounted real estate brokers include this service in commission.
Get More Offers for Home Buyers
- Buyer Rebate: Get More Offers provides up to 66% buyer rebate. However, it is only for new construction.
👉 Our Take: Get More Offers can be cost-effective for sellers with houses priced at more than $300,000. However, they do not offer any benefits for buyers.
» Best Flat Fee MLS Companies in Florida: Sell your house with Flat Fee MLS instead!
- Pre-listing price consultation
- Multiple offer management
- Contact appendums
- MLS, Realtor.com, Homes.com, Zillow, IDX+
- Professional photography
- Custom property flyer
- Electronic contract creation
No credible reviews were found.
GetMoreOffers.Com offers services in Florida and New York.
3. Houwzer
BEST FOR HIGH VALUE HOMES
Houwzer
- Listing Fee: 1% of sale price
- Restricted coverage
- 4/5
(out of 46 Reviews)
4/5
(out of 46 Reviews)Houwzer offers three different deals for sellers.
- Flat rate – 1% Commission: Houwzer charges a 1% listing fee. This low commission Realtor is ideal for homes with a value above $1M.
- Buy & Sell Bundle: If you purchase a property along with selling your house, you will get a transferable refund of $2,500 on the listing fee.
- Convenience Offer: You will receive a cash offer from them. You get better offers from prospective buyers and pre-qualify for a mortgage on a home purchase.
Coverage: Houwzer covers only Florida, New Jersey, Maryland, Pennsylvania, Virginia, and Washington.
👉 Our Take: If you’re looking for a low commission real estate brokerage that’s easy on the wallet for high-valued properties, Houwzer is a good option for you.
Houwzer is a low commission real estate brokerage based in Philadelphia, PA. They are a certified B Corporation that is committed to solving social and environmental problems.
- Versatile Add-On Features: They offer good add-on features like virtual tour, high-definition photography, and closing assistance.
- Cash Advantage: Houwzer empowers buyers to make a cash offer on a house using Houwzer’s funds. The buyers should be pre-approved by Houwzer Mortgage to avail of the cash advantage option.
Houwzer has drawbacks we came across during our research.
- No Personalized Support: Due to high customer volume their agents might not give personalized attention to every customer.
- Not for Low Priced Homes: Houwzer is only ideal for houses that are valued at a million or above.
Houwzer has an average rating of 4 out of 5 from 46 reviews on Yelp.
» Houwzer Reviews: Check out the customer reviews before making your decision.
4. Redefy
IN-HOUSE SUPPORT
Redefy
- Listing Fee: $3,500 flat fee
- In-person support
- 4.5/5
(37 reviews)
4.5/5
(37 reviews)Redefy offers its services for a flat rate or commission based on your home sale price.
- Full Service: Redefy charges a flat rate of $3,500. When a house is sold for more than $1 million, the platform gets more expensive. In this case, the listing fee is 1% of the total sale price.
Coverage: Redefy covers Colorado, Florida, Georgia, Illinois, North Carolina, South Carolina, Tennessee, Texas, and Virginia.
👉 Our Take: Redefy works on the multiple agent model. They have a field agent who meets clients and an in-house agent for customer service. Since there is no single point of contact, the quality of service is severely affected.
Redefy is a full service real estate brokerage that aims to make the real estate process cost-effective and transparent for home sellers and buyers.
- Decent Listing Fee for Low-Value Homes: If your home value is below one million the flat rate option is a good bargain.
- In-House Support: You are provided in-house support with accurate pricing and other features like home staging.
- Mortgage Calculator: Redefy’s Mortgage Calculator allows you to estimate your overall mortgage, inclusive of insurance and taxes.
In our research, we found some drawbacks of Redefy.
- No Refund Deposit: You have to pay a non-refundable deposit of $500.
- Inconsistent Agent Quality: Redefy has limited agents who cater to a large volume of customers which poses a risk to service quality.
Redefy has a rating of 4.5 out of 5 from 37 reviews on Yelp.
» Redefy Reviews: Check out the customer reviews for Redefy on Yelp.
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💡 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.
Here’s a quick recap of the best discount real estate brokers in America:
America’s Best Discount Real Estate Brokers (2023)
We’ve reviewed the best discount real estate brokers in 2023
Discount Real Estate Brokers in Panama City Beach to Avoid
Some agent-matching websites advertise themselves as “free,” but in reality, they keep a portion of the commission received by the discount real estate brokers. Since you pay the commission, this amount technically goes from your pocket.
For example, List With Clever promotes itself as a real estate educational website that matches sellers with discount realtors. Even though Clever claims to be “free,” 25% to 40% of the commission you pay will be directed to Clever as a “Referral Fee.”
» Clever Real Estate: Read our full review of Clever Real Estate
Everything You Should Know About Selling with Discount Real Estate Brokers in Panama City Beach, Florida
A discount real estate broker is a licensed real estate agent who offers buyers and sellers their services at a flat rate or lower commission than a traditional Panama City Beach real estate agent. Some flat rate or low commission realtors offer full-service whereas, whereas others offer limited services that may just include MLS listing. Before choosing a low-cost broker, you must ensure that they include all the features required to sell your property.
There are 4 distinct types of discount real estate brokers in Panama City Beach, Florida and each has its benefit. Let’s try and understand the different types:
Types of Discount Real Estate Brokers in Panama City Beach, Florida
| Types | Description | Why It's Unique? | Example |
|---|---|---|---|
| Flat Fee MLS | Flat fee MLS lets seller list their property on the local MLS from a list of packages. Each package consists of unique benefits. | 💰 Multiple Services | Houzeo |
| Low Commission | With low commission, sellers can list and sell their homes with a listing fee as low as 1% commission. This helps sellers save thousands of dollars at end of the sale process. | 💵 More Savings | JMR Realty |
| Virtual Full-Service | Sellers who want to list and sell their property from the comfort of their homes can opt for virtual service. Each step right from listing to negotiation is carried out virtually. | 💻 100% Online | Houzeo |
Why Choose a Discount Real Estate Broker in Panama City Beach, Florida Over a Traditional Agent?
The simple answer is that whether you are buying or selling, working with a discount or low commission realtor will help you lower the closing cost. Let’s look at an example.
Say, a property costs $500,000. Through traditional real estate commissions in the US, the seller is required to pay 5% – 6% in commissions. This means that the seller closing costs in Florida can be anything between $25,000 – $30,000, which is a considerable sum. To minimize this expense, you can try selling a house as is through discount Panama City Beach, Florida real estate brokers.
| Traditional Agent (2.5% commission) | Discount (1% commission) | Discount (1.5% commission) | Discount (2% commission) | |
|---|---|---|---|---|
| Seller's Agent | $12,500 | $5,000 | $7,500 | $10,000 |
| Buyer's Agent | $12,500 | $12,500 | $12,500 | $12,500 |
| Total | $25,000 | $17,500 | 20,000 | $22,500 |
| Savings | ❌ | $7,500 | $5,000 | $2,500 |
» Sellers Closing Costs in Florida: Use this free tool by Houzeo to get an estimate of your closing costs.
Similarly, approaching a discount realty that offers a higher buyer rebate can make the house that much more inexpensive to buy. For instance, if the buyer agent provides a rebate of 1% on a property priced at $500,000, it will save you $5000. Please note that some realtors also offer non-cash incentives as buyer rebates.
» Buyer Closing Costs in Florida: Use this free tool by Houzeo to get an estimate of your closing costs.
Savings Calculator
Here’s how much you can save with Houzeo.com!
Discount Real Estate Companies That Offer Flat Fee MLS Near Me
Before opting for discount real estate brokerages, you should find out if they offer services in your desired area. All discount real estate agents in Panama City Beach, FL do not have the same coverage. Some have nationwide coverage, while some are restricted to a few states or cities.
We’ve compiled a list of the best flat fee MLS Listing Services in each state. Click on your state to check them out!
| Region | States |
|---|---|
| Northeast | Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, Vermont |
| Midwest | Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin |
| South | Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, Washington, D.C., West Virginia |
| West | Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming |
- ✍️ SAVE: With Flat fee MLS, you will save thousands of dollars in listing fees. You also get the option of selecting the service you want and customizing the packages to your seller’s needs.
Conclusion
There are a number of low-cost discount real estate brokers in Panama City Beach, Florida that provide unique features at a great value. A seller should look for pointers like listing fees, listing time, services offered, customer service, coverage, and technology before selecting a Panama City Beach discount realtor.
Frequently Asked Questions
Can you negotiate prices with real estate brokers in Panama City Beach, FL?
There are no laws in the U.S. that set the real estate broker commissions in stone. So, you can of course try negotiating with them!
What is the lowest a realtor will charge as commissions in Panama City Beach, FL?
Discount Real Estate Brokers in Panama City Beach can charge as low as 1%. With a flat fee service you can save even more if the valuation of your home is high.
Who pays closing costs in Florida?
According to Royal Shell Real Estate, the closing costs in Florida are split between the buyer and the seller.
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