7 min read Jun 01, 2024

Top 5 Discount Real Estate Brokers in Sarasota, FL (2024 Updates)

Sellers across Sarasota can save thousands on real estate agent commissions. With discount real estate brokers in Sarasota, you can slash the traditional 6% rate down to just 2% to 3%.

The current median home price in Sarasota is $547,500. The traditional 6% commission will cost you a whopping $32,850. 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 $21,900.

You can lower this amount to around $16,425 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 & Companies in Sarasota

RankDiscount Real Estate Broker / CompanyListing FeeAdditional ChargesMax Savings100% Online5-Star Reviews*Mobile App
1.Houzeo.com$349
Flat Fee
2.Sarasota List For Less1.5%
Commission
3.GetMoreOffers.Com1.5%
Commission
4.HomeLight2.5%
Commission
5.UpNest2.5%
Commission

Reviews: Best Discount Real Estate Brokers & Companies in Sarasota

1. Houzeo

#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. Sarasota List For Less

LOW FEE BROKERAGE

Sarasota List For Less
Sarasota list for less discount real estate brokers sarasota fl
  • Listing Fee: 1.5% of the sale price
  • No credible reviews were found.

Sarasota List for Less is a low-fee real estate brokerage firm in Sarasota. They offer 2 packages:

  • Prime Plan(1.5% commission): It includes listing on MLS, photography, paperwork and inspection process assistance, and installation of yard signs.
  • Choice Plan(1% commission): It is offered to sellers who also want to buy a house. It includes all the prime plan services.

👉 Our Take: We recommend them for their Prime Plan, as it covers all the major services which are required to sell a house.

Here are some advantages of choosing Sarasota list for less:

  • Market Exposure: They provide MLS Listing with exposure to websites like Zillow, Realtor.com, and more
  • Optional Marketing Services: This is an additional service with different plans. It includes digital marketing, professional and aerial photography, e-brochure, and many more.

Here are some red flags you should know before choosing them:

  • Not Fully Online: Sarasota List for Less is not 100% online which makes the process manual and time-consuming. You’ll have to conduct tours and communicate with buyers on your own. This may not be ideal for you if you are a first-time seller or lack time to manage your property sale.
  • Mobile App: They do not offer any kind of mobile application services for their users.

No credible reviews were found.

Sarasota List for Less is part of Bright Realty. They only offer services for home sellers. Their services include MLS listing, photography, paperwork inspection, etc.

However, they are not fully online. This makes the process time-consuming for sellers who want to sell houses quickly.

3. GetMoreOffers.Com

66% BUYER REBATE

Get More Offers
Get more offers discount real estate brokers sarasota fl
  • Listing Fee: Varies
  • 4.5stars 4.9/5 (53 reviews)

GetMoreOffers.com offer services for both homebuyers and sellers.

For Home Sellers 

Solo Program $99 Up Front: It includes self-representation, MLS (Realtor.com, Zillow, etc.), iBuyer lead forwarding, uploading up to 100 photos, same-day listing entry, and a free yard sign.

  • $0 at closingIf you opt for New Frontier Title.
  • $299 at closing: If you opt for another title/closing company.

Pro Program: It includes CMA & pre-listing price consult, complete broker management, expert transaction services, professional photography, and concierge onboarding.

  • 1.5% at closing ($4,500.00 min): If you opt for New Frontier Title.
  • 2% at closing ($4,500.00 min)If you opt for another title/closing company.

For Home Buyers

  • Buyer Rebate: Get More Offers provides up to 66% buyer rebate. However, it is only for new construction.

👉 Our Take: GetMoreOffers.com can be cost-effective for sellers with houses priced at more than $300,000.

Here are some advantages of choosing GetMoreOffers.com:

  • Buyer’s Rebate: You can get a 66% buyer’s rebate only on new construction.
  • Affiliation with Title Company: They have collaborated with New Frontier Title for estimating closing costs.
  • Experienced Team: They are in the market for 16 years, and they have sold over $1.3 billion in real estate in Florida alone.
  • Home Search Feature: They provide a home search feature for their home buyers with advanced search options.
  • Good Customer Feedback: They have received 4.9/5 star ratings from the customers for their good service and support.

Here are some red flags you should consider before choosing them:

  • Extra Fee at Closing: If you opt for any other title company, then you will end up paying extra at the closing.
  • No Open House: They do not offer open houses, unlike other real estate companies.
  • Not Fully Online: GetMoreOffers.com is not 100% online which makes the process manual and time-consuming. You’ll have to conduct tours and communicate with buyers on your own. This may not be ideal for you if you are a first-time seller or lack time to manage your property sale.
  • Mobile App: They do not provide any mobile application service to their customers.

GetMoreOffers.com has an average rating of 4.9 out of 5 stars from 53 reviews on Google.

GetMoreOffers.com offers flat fee MLS listings which allow homeowners to list their property. They offer various services like marketing support, broker management, same-day listing entry, and many more.

However, the process is difficult and time-consuming because they are not completely online. Additionally, you will have to pay more if you choose a different title company than Frontier Title.

4. HomeLight

GOOD AGENT COVERAGE

HomeLight
Homelight Logo
  • Listing Fee: 2.5% of sale price
  • Good agent coverage
  • 4.75 Stars  4.6/5 (237 reviews)

HomeLight has a network of thousands of successful real estate agents and brokers. It is an agent-matching tech-platform. 

  • Standard Commission: HomeLight is a free agent-matching platform. The agent you get through this platform will charge the standard commission of 2% to 3% for listing.

👉 Our Take: HomeLight provides decent agent-matching services. However, the standard listing commission means zero savings for you.

» HomeLight Reviews: The Truth You Need To Know

HomeLight offers a number of advantages to both sellers and buyers:

For Home Sellers:

  • Free Agent Matching: The agent matching service from HomeLight is free for home sellers. HomeLight furnishes details of the best real estate agents in your neighborhood. Depending on the agent, the traditional 5% to 6% commission is charged.
  • Estimators and Calculators: HomeLight offers Home Value Estimator, Best Time To Sell Calculator, Agent Commissions Calculator, and Net Proceeds Calculator to home sellers.
  • HomeLight Simple Sale: HomeLight has  a network of pre-approved buyers. If you want to sell your house fast, this option allows you to sell it to a cash buyer within 7 days.

For Home Buyers:

  • Home Search Feature: Buyers can search for homes by city, zip code, or address.
  • Estimators: HomeLight offers estimators like Home Affordability Calculator, Down Payment Calculator, and Closing Costs Calculator for home buyers.

In our research, we have found some red flags associated with HomeLight. 

  • Inconsistent Agent Quality: The agents they assign may not work at your convenience. Even the listing speed will be based on the agent selected.
  • Off-market Restriction: Registering on HomeLight will get you offers from agents instantly. Although the process is fast, only homes that are off-market are allowed.

HomeLight has an average rating of 4.6 out of 5 from 237 reviews on Sitejabber.

HomeLight is a reputable discount real estate broker company established by Drew Uher in 2012. It is a common platform where sellers meet the buyers.

They have a huge agent database that handles multiple clients at a time. This could lead to miscommunication and a lack of personalized support.

5. UpNest

Negotiable FEES

UpNest
Upnest logo
  • Listing Fee: 4.3% of the Sale Price (or as decided by the agent)
  • Available in all major cities
  • 4.75 Stars  4.7/5 (295+ Reviews)

UpNest is a marketplace that connects home sellers and buyers with local agents.

  • Pricing: UpNest does not charge you any upfront fee. It allows their agents to discuss the pricing with you like commission, fees, discounts, etc.

👉 Our Take: UpNest introduces you to 2 to 3 agents once you register on their platform.

» Is UpNest Legit? Find out if UpNest can be the best option for your house sale.

UpNest offers certain advantages:

  • No Fees: UpNest does not charge you an upfront commission. Instead, you are introduced to an agent to discuss the services and commissions.
  • User-Friendly Dashboard: It has a user-friendly dashboard which makes it easy to compare agent profiles.
  • No Obligation Service: UpNest connects you with multiple agents as soon as you sign up with them. If you are not satisfied, then you can simply walk away.
  • Nationwide Coverage: Prevu offers service throughout the US. It connects you with the local agent who has current market insights.

» What is UpNest? Read the comprehensive study for UpNest to learn more details!

UpNest has certain disadvantages:

  • Lower Savings: The commission depends on your negotiation with the agent. A higher commission fixed would make you pay more.
  • Uncertain Customer Service: Some customers share feedback of agents being extremely helpful and knowledgeable. However, less experienced agents struggle to answer simple questions.

» How Does Upnest WorkAgent-matching at UpNest is pretty straightforward. Check it out!

UpNest has a rating of 4.7 out of 5 stars on Google.

» UpNest Reviews: How Much Will it Save You in 2023?

UpNest is an online licensed agent-matching service provider. It is headquartered in California. Move, Inc.,(Realtor.com the parent company) 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 with the agent.

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 Sarasota, FL?

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 Sarasota, FL

The four major types of real estate discount brokerages and companies in the Circus 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 Sarasota, FL

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

  • 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 Miami and other Sarasota markets. iBuyers can be a great option if you want to sell your house fast in Sarasota.
  • 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 Florida 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 Sarasota?

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

How much is the real estate agent fees in Sarasota, FL?

On average, traditional agents in Sarasota, 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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