10 min read May 06, 2024

Discount Real Estate Brokers in Ventura, CA (2024 Updates)

Home sellers across Ventura dread the 6% real estate agent commission. Traditional listing agents charge a commission of 3% of the sale price.

The best discount real estate brokers use cutting-edge technology and stellar customer service making it easy to sell your home.

👉🏻 Key Takeaways

  • Discount real estate brokers will help you list your home for 0.5% to 2% commission. Traditional listing brokers charge 2.5-3%.
  • The discount is on the listing fee. You still have to pay the buyer agent commission, typically 2.5-3%.
  • Discount real estate brokers will save you between $5,000 to $20,000 on average.
  • Houzeo.com is America’s best discount real estate company. Houzeo offers the best combination of maximum exposure, commission savings, cutting-edge tech, and stellar customer service.

We’ve spent thousands of hours researching discount real estate brokers and compiled our list of the best discount real estate brokers.

Reviews: 5 Best Discount Real Estate Brokers in Ventura, CA

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.com is Ventura’s #1 ranked Flat Fee MLS service. Houzeo provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology.

In Ventura, Houzeo’s Bronze package is priced at $329. The Silver package is priced at $399, and the Gold package costs $379 + 0.5% (Minimum $999) at closing. The full-service Platinum package costs $349 + 1% (Minimum $999) at closing.

2. CA Flat Fee

GREAT LOCAL EXPOSURE

CA Flat Fee
Discount Real Estate Brokers Los Angeles (CA Flat Fee)
  • Listing Fee: $5,000 Flat Fee
  • 5 Stars 5/5 (84+ Reviews)

CA Flat Fee is a full-service broker that operates in Southern California. It offers a single home selling package for sellers.

For Home Sellers:

  • Full-Service Package ($5,000): You get full-time agent representation, professional photography, open house showings, etc.

👉 Our Take: CA flat fee offers services similar to a regular agent at a flat price. However, these charges appear higher for a low priced house. If you’re looking to sell your less expensive house then consider alternatives with a low flat fee.

CA Flat Fee offers the following advantages:

  • Full-Time Agent Representation: The CA Flat Fee agent will assist you throughout your home-selling journey. They will guide you with listing a house, paperwork, negotiations, and closing.
  • Local Expertise: Their agents understand the details of the market and provide you with helpful insights.
  • Market Exposure: Your property is listed on the MLS and other major platforms like Zillow and Realtor.com. Thus, giving your house maximum exposure to potential clients.

CA Flat Fee has the following disadvantages:

  • Suitable for High-End Properties: CA Flat Fee suits sellers who want to sell their high-priced properties. $5,000 is a large sum for a cheap property.
  • Limited Coverage: It is operational only in Southern California. The sellers from other parts of the country cannot avail of their services.
  • No Buyer’s Rebate: CA Flat Fee does not give any cash rebate, unlike other discount realtors.

CA Flat Fee has a 5-star rating on Google.

CA Flat Fee offers all the services for home sellers at a flat rate. They mainly serve the Southern California area.

However, they do not clearly mention the buyer services and their rates which can make it difficult for buyers to hire them for representation.

3. New Hope Realty, Inc.

GREAT LOCAL EXPOSURE

New Hope Realty Inc.
New hope realty discount real estate brokers san diego
  • Listing Fee: 1% of sale price
  • 5 Stars 5/5 (8 reviews)

New Hope Realty Inc is a full-service discount broker based in California. The company was started by Tom Hallen, a licensed broker, who offers his services at a low commission to his clients.

For Home Sellers:

  • 1% Commission: New Hope Realty allows sellers to list and sell their property for 1% commission or lower for the entire process. The full-service package includes services like listing on the MLS and other online platforms, assistance with documents, disclosures, negotiations, and escrow.

For Home Buyers:

  • Buyer’s Rebate: New Hope Realty Inc. offers a buyer rebate of 1% to 1.5% based on the amount of assistance required by the buyer. The rebate is provided through the escrow company and can be used towards the closing costs.

👉 Our Take: By basing the amount of buyer rebate on the assistance required, New Hope Realty Inc. indirectly charges the buyer a commission which is usually paid by the seller.

New Hope Realty Inc. offers the following advantages to home sellers and buyers:

  • Agent Support: Sellers get to work directly with Tom Hallen directly at every step. He has 10 years of experience and substantial knowledge of market trends.
  • Flat Fee and FSBO Listings: The firm offers home sellers flat fee listing packages and assistance to FSBO home sellers as well.
  • Matterport 3D Virtual Tours: For houses on sale, the firm conducts virtual tours through Matterport 3D to show them to potential buyers and increase exposure.

In our research, we came across some deal breakers associated with New Hope Realty:

  • No Fixed Buyer’s Rebate: The rebate percentage depends on the amount of assistance the buyer requires. This is unlike the rebates offered by other discount brokers. It is an indirect way of charging a commission from the buyer which is not the general rule.
  • Not Enough Reviews: So far only the main broker has been rated on Zillow by a few clients. These reviews are not enough to account for the quality of the company’s services.

New Hope Realty’s founder Tom Hallen has a 5-star rating from 8 reviews on Zillow.

New Hope Realty operates in Southern California and offers full-service packages at a discounted rate to home sellers. Buyers get a cashback of up to half of the buyer agent’s commission.

However, the rebate amount varies as per the assistance provided to the buyer. Also, there are very few reviews of their services available online.

4. Prevu

RESTRICTED COVERAGE

Prevu
Prevu logo
  • Listing Fee: 1.5% of Sale Price
  • Restricted coverage
  • 5 Stars 5/5 (528+ Reviews)

Prevu is a reliable discount real estate broker. It offers full service to sellers similar to a traditional broker.

  • Full Service (1.5% Commission): Prevu charges a 1.5% commission on the total home sale value. It includes features like home valuation, professional photographs, closing assistance, etc.

👉 Our Take: Prevu offers services from listing your home to its closing. It charges you a non-negotiated commission of 1.5% of the home sale value. However, for a high-value residence, it could cost you more commission.

» Prevu Reviews: Is it a good idea to choose them? To learn more, read the entire review!

Prevu offers the following advantages:

  • Package Features: It includes home valuation, 3D virtual tours, open houses, professional photographs, listing on MLS, and social ad campaigns.
  • Market Exposure: Prevu syndicates your listings to StreetEasy, Zillow, and more.
  • Closing Costs Calculator: Sellers can get an estimate of their closing costs.
  • CoveragePrevu services are available in New York, Massachusetts, Connecticut, California, Pennsylvania, and Washington.

» How Does Prevu WorkLearn about how Prevu functions in your home sale.

Prevu offers the following disadvantages:

  • Inconsistent Agent Quality: Prevu has a limited network of agents. Hence, it lacks personal assistance and service quality.
  • Variable Listing Fee: The listing fee varies as per your location, which could burn a hole in your pocket.
  • Mobile App: It does not provide any mobile application service to its users.

Prevu has a stellar rating of 5 out of 5 on Google.

» Prevu Real Estate Reviews: View their comprehensive evaluation.

Prevu is a full-service real estate brokerage based in New York. They offer their services for a 1.5% commission.

They take on a large volume of clients to compensate for the low commission. Hence, you will compete with a crowd of customers for your agent’s attention.

5. 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 offers a range of services for buyers, sellers, and agents all under one roof. It claims to be a straightforward alternative to a DIY search for a real estate agent.

However, you may end up spending a lot more and the quality of agents and services would still be questionable.

What Are Discount 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. Sellers receive basic real estate services at a pre-negotiated fee of 0.5% to 2% or even a flat fee.

The reduced fee can easily save sellers thousands in commissions.

You may be now wondering if their services are comparable to those of a traditional Realtor at this point. Discount real estate brokers typically offer the same services as full-service brokers. The key difference is in pricing.

    🤔 Do you offer buyer agent commission to discount brokerages?

    YES! Most real estate discount brokers and brokerages will recommend you pay a full buyer agent fee. It is typically between 2% and 3% in most states.

    It is vital to pay a competitive commission to the buyer’s agent. This will ensure you sell your home quickly while still receiving the best price possible.

Types of Discount Brokers

Find a discount real estate broker that fits your budget and saves you the most money! The four major types of real estate discount brokerages and companies 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. Best Flat Fee MLS listing companies like Houzeo can get you on the MLS within 48 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. These are usually priced at 1% or 2%. They cover everything from listing, negotiations, and pricing.

4. Virtual Full Service: A virtual full-service discount broker handles everything online. Companies like Houzeo, also provide full-service options that are 100% online. All services including price negotiation and marketing support are at no additional cost.

Pros and Cons of a Discount Realtor

The primary benefit of working with discount real estate brokers is that they have lower overhead costs. However, a discount broker may not have as much time to communicate. They juggle many clients and may not be available for your queries.

Pros

  • Reduced Fees: You’ll pay less for listing costs. While standard brokers typically charge at least 3%, discount brokers may charge as little as 0.5% to 1%.
  • Full Access to Basic Real Estate Services: You receive the same basic services as you would with a traditional agent. They provide assistance with pricing, marketing, and negotiations.
  • Streamlined Process: A low-cost Realtor facilitates the selling process. They are motivated to work efficiently and eliminate all unnecessary steps from the sales process.

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 almost never have to talk to anyone in-person. A first-time seller or buyer who needs some hand-holding may not be able to benefit much.
  • 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 of time. Remember to carefully review the terms and conditions of the contract before signing.

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How to Choose a Discount Realtor or Company?

It is essential to select the right real estate agent for your home-selling journey. The following are a couple of pointers to assist you with picking the ideal discount broker or company.

1. Savings: Discount real estate brokers in Ventura, CA have a variety of pricing structures. So, choose one that maximizes savings while still providing all of the services you require.

2. Technology: Choose companies that use cutting-edge technology, offer online paperwork, and have a mobile app.

3. Customer Reviews: Check for online customer reviews. This helps you to get an idea of the kind of services you are going to receive.

How Much Can I Save With a Discount Realtor?

As a seller, you can save anywhere between $1,632 and $ 6,680.

Typically, home sellers pay 6% of total realtor commissions. The total commission is divided between the listing agent (3%) and the buyer’s agent (3%). Discount real estate brokers pre-negotiate a reduced listing agent commission of 1% to 2%.

Therefore, you save a commission of 4% to 5% on your home sale.

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, Prevu offers a buyer rebate of two-thirds of the commission received from the seller.

However, in order to qualify for this buyer rebate, buyers must fulfill specific requirements. The most important is the minimum price range.

    🤔 What is a home buyer rebate?

    A Realtor rebate is a type of cashback you receive as a buyer. Some brokerages and agents offer these rebates as an incentive to attract more buyers. Buyer rebates are allowed in 40 states.

Who Should Use a Discount Broker?

Discount Brokers are ideal for sellers and buyers who want to focus on savings.

  • Sellers on a Tight Budget: Homeowners who wish to save money might list with a low-fee Realtor. This can help them save big. 
  • Real Estate Investors: Real estate investors who frequently trade 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 Brokers in Ventura, CA

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

  • Flat Fee MLS Companies: Flat Fee MLS California companies list your property on your local MLS for a flat fee of a few hundred dollars. You can save on commissions and also take advantage of their technology for a faster sale.
  • List With a Full-Service Realtor: If you need hand-holding, we recommend you hire a full-service in-person Ventura 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 Ventura other California markets. iBuyers can be a great option if you’re wondering how to sell my house fast in California.
  • Sell to Cash Home Buyers: Individual cash home buyers and companies that buy houses for cash in California 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 will help you list and sell a house by owner in Ventura and save thousands in listing agent commission. Many FSBO websites will also get you listed on the MLS and help you with FSBO paperwork.

» Best FSBO Sites in California: We’ve researched and reviewed all the best For Sale By Owner sites in California. See our rankings!

Savings Calculator

Here’s how much you can save with Houzeo.com!

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Savings in Ventura, CA!

Enter Your Home Sale Price

$ Please enter your home price
  • Listing Fee
  • Traditional Agent 46877

    $15,000

  • idealagent

    $10,000

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    $349

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Your savings via Houzeo

$14,705

Houzeo saves you $9,705 more than CA Flat Fee!

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Are Discount Brokers Worth It?

YES! There are various advantages to using a discount real estate broker. Using a cheap brokerage can save you a lot of money. The commission savings can be significant.

There are several discounted real estate brokers on the market today, each with its own set of advantages. Examine factors such as listing fees, listing time, services provided, customer service, and coverage before you choose one.

With Houzeo, you can get your home on the MLS for a small flat fee. You get access to cutting-edge tools like offers dashboard, showings management, and many more to make your selling journey easy.

» List My House on MLS in CaliforniaThe fastest way to get on the MLS!

Eager to Know How Houzeo Works?

We’ve got you covered. Check out the following video to understand how Houzeo works and why it is one of the best For Sale By Owner websites in the U.S.

What is Houzeo?

An overview of what the platform is all about

Start Your FREE 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

What is the lowest a realtor will charge as commissions?

Discount real estate brokers in Ventura charge as low as 1% commission. With a flat fee service you can save even more.

Who pays escrow fees in Ventura County?

In most of Southern California, including Ventura, buyers and sellers are responsible for splitting the escrow fees.

Can you negotiate prices with real estate brokers?

Yes. You can negotiate commission rates with real estate brokers in Ventura, California.

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