10 Best Discount Real Estate Brokers (2023 Rankings)

Houzeo offers 4 Flat Fee MLS packages.

• Bronze Package – $329+: This package offers Houzeo listing only for 6 months with maximum photos.
• Silver Package – $399+: This includes everything that home sellers typically look for.
• Gold Package – $379+: It is Houzeo’s signature MLS package and includes all the technology Houzeo is known for Houzeo Showings, Houzeo Offers, and DigiTransact.
• Platinum – $349+: It includes the assistance of a licensed broker to help you with negotiations, disclosures, and closing.

👉 Our Take: We recommend the GOLD plan. You’ll have access to Houzeo tech, making managing showings and offer negotiations easy!

» Houzeo Reviews: Houzeo is 100% online. You can finish listing formalities in less than 60 mins.

Houzeo is America’s #1 Flat Fee MLS service because of 4 reasons:

1. Max Exposure: Houzeo MLS packages give you access to the MLS, Zillow, Trulia, Realtor.com, Redfin, and 100s of other websites.
2. 5-star Customer Service: Houzeo has a fully staffed customer service desk available 6 days a week. Chats and emails are open 7 days a week.
3. 100% Online: Houzeo is high-tech. For you, this means easy listing, fast changes, online showings, and online offers. Houzeo Mobile App is also very powerful.
4. No Listing Commission: In most states, you’ll be paying just a small flat fee to list on MLS. Houzeo covers 47 states + DC! And remember, all fees are disclosed upfront, so there are no Houzeo hidden fees. You get to bypass the listing agent commission!

There are no dealbreakers with Houzeo.

» Houzeo Reviews: Houzeo is rated “Excellent” with a 4.9 out of 5-star rating by 5,000 home sellers on Google Reviews and Trustpilot!

Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.

» Houzeo Reviews: Check out how Team Houzeo has addressed all Houzeo complaints from home sellers.

Redfin is a popular discount brokearge that helps you sell for only 1.5%. They also provide a 1% discounted listing fee for buying and selling with them.

Redfin for Home Sellers

• Redfin Full-Service Agent – 1% Commission (Buy & Sell): This is a full-service package. This includes premium placement on Redfin, professional photos, and a 3D walkthrough.
• Redfin Premier Agent – 1% Commission (Buy & Sell): This package is exclusively for luxury properties and includes coordinated e-mail campaigns, luxe mailers, and brochures.

Redfin For Home Buyers

• Buyer Rebate – 0.5%: If you sell first, Redfin initially charges a 1.5% listing fee. Later, they refund 0.5% if you buy your next home with them within a year.

👉Our Take: Redfin gives your property exposure and provides other services. But you can only enjoy these benefits if you use Redfin to buy and sell.

Here are some advantages of choosing Redfin:

• Nationwide Coverage: Redfin covers 80+ markets in the US.
• Advanced Technology: They have a user-friendly website and provide a mobile app.
• Full-Service Agents at Low Commission: Redfin’s full-service package is priced at 1.5%. It saves you thousands compared to the traditional 3% listing commission.
• Detailed Marketing Plan: Redfin provides the necessary paperwork and a marketing plan.
• Buyer Rebate: If you sell with Redfin for a 1.5% commission, you get a 0.5% rebate for buying another home within 365 days.

In our research, we found some red flags of Redfin, that could make your experience less satisfactory.

• No Dedicated Service: Customers have often complained that Redfin agents are not able to give personalized service.
• Mixed Customer Reviews: Customers have complained that agents are often unreachable and unprofessional.
• Slow Listing Process: According to Redfin’s listing agreement, a Redfin property takes 18 days to list on MLS.
• Limited Agent Selection: Based on customer reviews, Redfin has a limited selection of agents. This results in giving you fewer options to choose an agent.

Redfin has an average rating of 3.4 out of 5 on Yelp.

» Redfin Reviews: The Reality of 1% Fees, Pros, Cons, & Alternatives!

ListingSpark provides 2 plans for home sellers to list their properties on the MLS.

• Spark Plan – $1,499: This plan includes MLS Listing, professional HD photography, “for – sale” sign, a Supra® digital lockbox, and required forms and disclosures. Your listing gets syndicated to all major real estate websites.
• Premium Plan – $2,999: It includes all the services of the Spark Plan plus premium photography service, open house signage, E-flyer blast, and pricing assistance & review.

👉 Our Take: We recommend the Spark Plan for home sellers. You get a “for-sale” sign, a Supra® digital lockbox, and all the necessary forms and disclosures. However, this package does not offer any pricing assistance for sellers.

» How Does Listing Spark Work? Check this out to know about them and their procedure.

ListingSpark’s packages are expensive. However, they come with certain advantages for both home buyers and sellers.

• Agent on Demand: You can hire one of their real estate agents for $975. The agent will help you with negotiations, pricing reviews, and contract compliance.
• Additional Features: ListingSpark offers title insurance and escrow services under Spark Title. Additionally, it also provides professional photography services, a lock box, and a yard sign.
• Property Search Feature: Home buyers can search for properties based on price range, and property type, along with many other filters.

In our research, we found some red flags with ListingSpark.

• Limited Coverage: ListingSpark operates only in Texas covering the markets of Austin, San Antonio, Dallas, Fort Worth, Houston, Waco, Bryan/College Station, Corpus Christi, and Killeen/Temple.
• No Pricing Assistance: One of the most difficult components of an FSBO sale is pricing your home. This is not covered by the basic plan.

ListingSpark has a rating of 4.6 out of 5 stars from 153 reviews on Google.

Listing Spark Reviews: Should you use it for your FSBO sale?

Redefy offers its services for a flat rate or commission based on your home sale price.

• Full Service: Redefy charges a flat rate of $5,500. When a house is sold for more than $1 million, 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: This flat rate option is a good bargain if your home value is below one million.
• In-House Support: You are provided in-house support with accurate pricing and features like home staging.
• Mortgage Calculator: Redefy’s Mortgage Calculator allows you to estimate your overall mortgage, including 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 attending to a large volume of customers. This can hamper the service quality.

Redefy has a rating of 4.5 out of 5 stars from 37 reviews on Yelp.

» Redefy Reviews: Check out the customer reviews for Redefy on Yelp.

Homie offers one flat rate package for home sellers and a few services to home buyers.

For Home Sellers

• List at $3,500: You get agent representation, local MLS listing, exposure on popular real estate websites, contract negotiation, etc.

For Home Buyers

• Buyer Rebate Program: Use Homie Title, Homie Loans, or Homie Insurance to earn a buyer rebate at the time of closing.
• Homie Cash™: Make an all-cash offer with this feature and increase the chances of getting offers. You can close the deal in 10 days with Homie Cash™. But it comes with a 1% program fee.

👉 Our Take: Homie’s services can benefit both home sellers and buyers. But, they provide more services for home buyers including a cash rebate. So, we recommend Homie to home buyers over sellers.

» Homie Reviews: Does Homie really benefit you in the 2023’s market? Click to find out.

Homie offers flat rate services to home sellers and rebates to buyers.

• Agent Support: Homie provides agent representation services to home sellers. However, they do not provide in-person support and visits. With Homie’s agent’s support, an experienced home seller may find their service useful.
• Homie-to-Homie: Depending on the state, the seller can eliminate the buyer agent commission if they sell to a Homie buyer.
• Buyer Rebate: Home buyers can earn a buyer rebate at the time of closing. To get the rebate buyers need to use their services like Homie Title, Homie Loans, or Homie Insurance.

» What is Homie? Read the comprehensive review to know more!

During our research, we found some drawbacks in the services of Homie, here are some that stood out:

• Sub-par Agent Service: Customers have accused numerous Homie agents of miscommunication, limited knowledge, and lack of experience.
• Inconsistent Service Delivery: Homie has many real estate agents, but fails to offer consistent performance. Their services either are satisfactory or unsatisfactory with no in-between.
• No Advanced Tech: Some clients were disappointed with how slow and outdated their technology was.
• Limited Coverage: Homie does not provide its services to many states except Arizona, Colorado, Idaho, Nevada, and Utah.

Homie has a total of 4.3 out of 5 stars from 795 total reviews on Google.

» Homie Review: Does Homie really benefit you in the 2023’s market? Click to find out.

Ideal Agent is among the top discount brokerages. It is an agent matching service that specializes in home selling.

• Full Service – 2% Commission: The full-service package will get you all the services from start to end. This includes professional photos, negotiation, and closing assistance.

👉 Our Take: Ideal Agent is a good choice for home sellers. Although their overall online reviews are good, they are often inconsistent while matching agents with clients. They have no services for home buyers.

» What is Ideal Agent: Check out our reviews of Ideal Agent to know more about them.

Ideal Agent is an agent matching service that helps sellers find low commission real estate agents.

• Agent Matching: They claim that you will be matched with an agent from the top 1% producers in your locality.
• Pre-Negotiated Commission: Ideal Agent has pre-negotiated the commission with their agents. This allows sellers to focus on the other aspects of the transaction.
• Profit Maximization: Your agent will leverage the best features of your house and help maximize your sale profits.
• Dedicated Concierge: Their agents guide you in every step of the transaction from marketing, to negotiation assistance, and closing.

» How does Ideal Agent work: Here is a detailed explanation about them. Check it out!!

Ideal Agent has some drawbacks we came across in our research.

• Low Savings: Ideal Agent charges more than most low-commission companies, compromising your savings. You will be paying a total commission of 4.5% – 5% even with discounted listing fees.
• Additional Referral Fees: Ideal agent fees includes a 25% referral fee from real estate agents after successful transactions. Since you pay the agent, these fees are essentially going from your pocket.
• Outdated Technology: Their agent matching algorithm is inconsistent. Several customers complain about being assigned sub-par agents.
• No Buyer Support: Ideal Agent isn’t a buyer-focused platform and they offer no significant benefits for home buyers.

Ideal Agent has a rating of 4.9 out of 5 from 5,727 reviews on TrustPilot.

» Ideal Agent Reviews: Check out our reviews of Ideal Agent to make an informed decision.

HomeLight is an agent matching service, free for home sellers. They furnish details of the best real estate agents in your selected neighborhood for both full and limited service plans.

• Free Agent Matching: Depending on the agent, the traditional 5% – 6% commission still applies. But they offer all the services you will require during your sale.

Coverage: HomeLight has coverage in Atlanta, Austin, Boston, Chicago, Dallas, Denver, Fort Lauderdale, Houston, Los Angeles, Miami, New York, Portland, San Diego, San Francisco, Sarasota, and Seattle, among other major U.S. cities.

👉 Our Take: Homelight offers decent agent-matching services. However, you may be matched with a listing agent who charges 3% commission, meaning zero savings for you.

» What is Homelight: Check this out to know more about them.

HomeLight has a network of thousands of successful sellers, best real estate agents, and brokers. They help to create tailored guides and resources in the process of selling a house.

• Good Agent Coverage: They have a good number of agents as per their coverage area.
• Estimators and Calculators: HomeLight offers home value estimator, best time to sell calculator, agent commissions calculator, and net proceeds calculator.

» How does Homelight Work? Check this out to know more about them and their procedure.

In our research, we came across some major drawbacks of 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.

» How much does HomeLight Cost? Check this out to find out if they are really affordable.

HomeLight has a rating of 4.45 out of 5 stars from 233 reviews on Sitejabber.

» HomeLight Reviews: Check out our reviews of HomeLight to make an informed decision.

UpNest is an innovative real estate marketplace that connects home sellers and buyers with agents in their area.

• Pricing: There’s no direct cost to using UpNest, but the savings are marginal. UpNest agents decide their commission fees. The discount rate varies.

👉 Out Take: We do not recommend Upnest for home sellers or buyers. UpNest’s network is reliable and quick, but savings aren’t guaranteed. You might end up paying more than you had expected.

» Is UpNest Legit? Find out if UpNest is legit!

Here are some advantages of using Upnest. No Obligation Service

• No Obligation Service: Within 24 hours timeline after signing up, UpNest will send you multiple agents you can choose from. If nothing fits, you can simply walk away.
• High-quality Agent Network: UpNest partners with top agents from leading national brokerage firms across the U.S. All agent matches remain unbiased, based on your criteria and preferences.
• User-friendly Dashboard: UpNest’s customer dashboard is intuitive and makes it easy to compare agent matches. It also features options to contact the matched agents or your UpNest Advisor with a single click.

» What is UpNest? Read the comprehensive review to know more!

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

• Marginal Savings: The commission rates aren’t pre-defined. The negotiation ultimately relies on you. Past sellers have claimed that the lowest listing fee is 2% which is quite high.
• Inconsistent Customer Service: Customers have revealed that some UpNest representatives are extremely helpful and knowledgeable. However, rest of them struggle to answer simple questions.

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

UpNest has a rating of 4.7 out of 5 from 56 customer reviews on BBB.

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

SimpleShowing, like any other low-cost real estate broker, matches sellers with real estate agents.

Simple Showing for Home Sellers

• Listing Agent Commission – 1%: A SimpleShowing agent provides full-service MLS listing at a 1% commission rate. The premium lockbox charges will increase your costs.

Simple Showing for Home Buyers

• Buyer’s Rebate: SimpleShowing rebates your closing costs up to 1% of the purchase price or $5,000 on average. However, to be eligible for the refund, you must use SimpleShowing as your buyer broker.

👉 Our Take: We recommend Simple Showing for their Buyer’s Rebate Program. But Simple Showing has a minimum fee charge that could be higher than the advertised 1%.

SimpleShowing is a decent option when buying or selling a property.

• Easy Property Search: SimpleShowing provides a home search experience at your fingertips. You can look for properties and book home tours on their website, saving time and money.
• Professional Photography: They coordinate professional photos and videos of your home at no additional charge..
• Dedicated Agents: From home valuation and developing a marketing strategy to negotiating offers and closing, their agents will always assist you.

During our research, we found a few red flags with Simple Showing.

• Buyer’s Rebate Eligibility: The buyer is eligible for a rebate only if the buyer uses SimpleShowing as their Buyer Broker.
• Lender’s Approval: Some lenders may not allow buyers to receive a refund from SimpleShowing. Lenders consider contracts, mortgage products, and pricing policies to allow the buyer to receive full or a part of the rebate amount.
• Limited Coverage: Simple Showing provides services in only 3 states – Florida, Texas, and Georgia.

SimpleShowing has a 4.9 out of 5 stars from 125 total reviews on Zillow.

Prevu offers a single package with all the start-to-end services you require during your sale.

Prevu for Home Sellers

• Full Service – 1.5% Commission: Prevu charges a lower commission of 1.5% of the sale price for selling a house. It includes various features like home valuation, 3D virtual tours, open houses, professional photographs, listing on MLS, and social ad campaigns.

Prevu for Home Buyers

• Buyer Rebate – Upto 2%: Assuming a typical 3% buyer’s agent commission, Prevu offers a  2% buyer rebate on the price of your new home.

Prevu Coverage: Prevu is available in New York, Massachusetts, Connecticut, California, Pennsylvania, and Washington.

👉 Our Take: We do not recommend Prevu real estate to most home sellers and buyers. It only helps in substantial savings if you’re buying a house priced above $750,000.

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

Prevu is a full-service low commission brokerage based in New York that aims to change the old-school ways of the real estate market.

• Mortgage & Closing Costs Calculator: You can get an estimate of your mortgage and closing costs by using Prevu’s Calculator. The closing cost feature is only for NYC sellers.
• Buyer Rebate: Buyers who purchase a house with Prevu get two-thirds of the commission that Prevu receives from the seller.
• Smart Buyer Platform: Prevu’s technology allows buyers to search for homes, communicate with their agents online, schedule showings, and make an offer.

» How does Prevu work? Check this out to learn more about their functioning.

Here are some negatives of Prevu you should know about.

• Inconsistent Agent Quality: Prevu has limited and inconsistent agent matching, which compromises the quality.
• Variable Listing Fee: The listing fee varies as per your location, which could burn a hole in your pocket.

Prevu has a stellar rating of 5 out of 5 from 456 reviews on Google.

» Prevu Real Estate Reviews: Check out our in-depth reviews on Prevu.