Top 10 Best Discount Real Estate Brokers (2024)

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.

ListingSpark is a renowned flat fee discount brokerage in the US. It offers 2 listing packages:

• Spark Plan ($1,499): This includes paperwork assistance and syndicated house listing on major real estate websites. You receive a Supra digital lockbox, professional photographs, escrow services, and a “For Sale” sign.
• Premium Plan ($2,999): This includes all the features of the Spark plan. You also get pricing support, open house signage, e-flyer blasts, and customer support.

👉 Our Take: Listing Spark’s package covers all the services you need to sell your house. These packages are relatively higher as compared to other discount real estate companies.

» How Does Listing Spark Work? Read this to know how Listing Spark exactly works.

ListingSpark offers certain advantages:

• Quick Listing: It takes 20 minutes to fill out the details on the ListingSpark website. The listing will go live within 24 hours after the documentation is completed.
• Add-on Features: They offer benefits like professional photographs, a lock box, a yard sign, title insurance, and escrow services.
• 24 x 7 Customer Support: The customers spoke positively about their reliable staff who is available 24×7.

ListingSpark offers certain disadvantages:

• Hidden Charges: It charges a $350 transaction facilitation fee if your buyer approaches you without an agent.
• Limited Coverage: ListingSpark caters to only 16 cities in Texas.
• High Price: They offer a full-service package at a significantly higher price.

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

Listing Spark Reviews: Know what clients are saying about Listing Spark services.

Ideal Agent is an agent matching company. It offers a single listing package for its sellers:

• Full Service (2% Commission): Ideal Agent charges a 2% commission on the home’s sale price. On an average home price of $400,000, you will be charged $8,000 to sell your house.

👉 Our Take: Ideal Agent offers full-service assistance for home sellers. However, it does not provide any cash rebates to buyers.

» What Is Ideal Agent? Know what Ideal Agent customers have to say about their services.

Ideal Agent offers certain advantages: 

• Pre-Negotiated Commission: Ideal Agent has fixed the commission with their agents. This helps sellers to focus on the important aspects of the deal like showings, staging, home inspection, etc.
• Time-Saving: You will be paired with the most capable agent. They’ll save you time and effort by giving you step-by-step assistance.
• Dedicated Concierge: Their agents will assist you at each phase of the deal, from marketing to negotiation and closing.

» How Does Ideal Agent Work? Here is a detailed explanation of Ideal Agent services.

Ideal Agent offers certain disadvantages:

• No-Multiple Matching Agent: The ideal agent matches the seller with only one agent. You don’t get to choose the agent based on your requirements.
• Sub-Par Agent: Several customers complain about being assigned agents with low reliability.
• No Buyer Support: Ideal Agent isn’t a buyer-focused platform and they do not offer any significant benefits for home buyers.

Ideal Agent has a rating of 5 out of 5 on TrustPilot.

» Is Ideal Agent Worth it? Find out how Ideal Agent can help you get higher profit. 

SimpleShowing is a percentage-based discount broker which offers the house listing services at 1%.  It also offers to pay 1% of the closing costs or $5,000 cashback on such costs.

👉 Our Take:  The fixed 1% listing commission may be expensive if you have a less-valued home, say $150,000-$200,000. Instead, you should look for a flat fee pricing model.

SimpleShowing offers the following advantages:

• Professional Photography: They arrange for professional photography and videos of home with no additional charge.
• Local Agent: The agent will assist you right from valuing your home till closing.

SimpleShowing offers the following disadvantages:

• Not the Best Agents: SimpleShowing might not be able to match you with the best agent.
• Limited Coverage: It provides services in only 3 states – Florida, Texas, and Georgia.

SimpleShowing has a 5 out of 5 stars rating on Zillow.

HomeLight is an agent-matching service provider. Its technology-based platform provides agent suggestions within minutes.

• Brokerage: HomeLight does not charge any fees to buyers or sellers. The agent pays a referral fee to HomeLight at the time of closing.

👉 Our Take: HomeLight connects you with a local agent to help you sell your house. The agent charges you around 2% to 3% as per his customized services including the HomeLight’s referral fee. This will ultimately make you pay more than other discount real estate brokers.

» How Does Homelight Work? Know how HomeLight can get you a better home sale experience.

HomeLight offers several advantages:

• Quick Pairing: HomeLight connects you with the list of agents within two minutes of your online form filling.
• Representative Network: HomeLight has a database of over 28,000 agents. This allows you to compare the agents and select the best one based on discounts, experience, and sales records.
• Coverage: Their services are available in 16 locations across the major U.S. cities.

» Homelight Pros & Cons: Know about their offerings that would help you sell your house seamlessly.

Below are some of the major drawbacks of using HomeLight:

• Non-Negotiable Commissions: Every agent has to pay a referral fee to Homelight. Hence, you lose the ability to bargain for the commission.
• Off-Market Restriction: You can instantly receive bids from agents by registering on HomeLight.
• Inconsistent Agent Quality: The assigned agents may not work at your convenience. Even the listing speed will be based on the agent selected.

HomeLight has a rating of 4.6 out of 5 stars on Sitejabber.

» HomeLight Reviews: See their reviews to make an informed decision.

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 various features like 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 in NYC can get an estimate of their closing costs by using its closing costs calculator.
• Coverage: Prevu services are available in New York, Massachusetts, Connecticut, California, Pennsylvania, and Washington.

» How Does Prevu Work? Learn 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.

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. You may face trouble in evaluating these agents concerning their experience and knowledge.

» 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 Work? Agent-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?

Homie is a one-stop real estate shop. It offers multiple services to its buyers like Homie Loans, Homie Title, and Homie Insurance. For sellers, it charges a flat fee rate:

For Home Sellers

• Listing Price ($5,000): This package gives your house exposure on popular real estate websites. It also assists you with contract negotiation.

For Home Buyers

• 25% of Homie’s Commission: You get approximately 25% of Homie’s commission on purchasing a home.

👉 Our Take: Homie offers a single flat fee package to sellers and multiple in-house services to buyers. It benefits buyers with better mortgage rates, suitable insurance, and hassle-free paperwork. Hence, you may consider buying a house through a Homie instead of selling.

» Homie Reviews: Does Homie benefit you in the 2023 market? Click now.

Below are the benefits offered by Homie:

• Homie Cash: You can make an all-cash offer with Homie Cash without having actual cash in hand.
• Modern Technology: Homie offers an updated technology platform to its users. This will allow you to see the effort and transparency involved in your transaction.
• Varied Services: It offers several services like Homie, Homie Loans, Homie Title, and Homie Insurance.

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

Below are the Homie drawbacks:

• Limited Coverage: Homie provides its services in Arizona, Colorado, Idaho, Nevada, and Utah.
• Customer Support: As per the customer reviews, Homie agents are unable to respond with proper guidance.
• No Advanced Tech: Some clients are disappointed with their slow and outdated technology.

Homie has a 4.4 out of 5 stars rating on Google.

» Is Homie Worth it? Read to know Homie benefits when selling your house.

Redfin is the largest discount real estate company. Its premier agents, with years of experience, help you buy and sell high-end homes. 

• Listing Price: Redfin charges a 1% listing fee if you want to sell a house and buy your next one with them. It charges a 1.5% listing fee if you decide to just sell your house with Redfin.

👉Our Take: Redfin is a technology-based platform. You can expect transparency and an accurately managed database. However, you may not get complete attention due to their high customer volume.

» Is Redfin Legit? Check the legitimacy of Redfin’s discount broker services

Redfin offers:

• Competitive Pricing: You pay a listing fee of 1% if you decide to sell and buy with Redfin.
• Updated Technology: Redfin provides a mobile app, 3D walkthrough, relevant filters, etc. This makes the real estate transaction seamless.
• National Presence: Redfin covers 80+ markets in the US.

» Redfin Pros and Cons: Read about the advantages and drawbacks of Redfin services.

The disadvantages of using Redfin are:

• Pricing Inaccuracy: Many sellers have complained about certain factors like, lot area, a gated compound, or a city location not getting considered during valuation.
• Long Time for Listing: As per Redfin’s agreement, it takes almost 15-18 days to verify the seller’s property and list their house.
• Lack of Customer Service: There has been negative feedback about lack of personal attention by Redfin salaried agents.

Redfin has an average rating of 3.4 out of 5 stars on Yelp and average 3.7 out of 5 stars on Google.

» Redfin Reviews: The reality of 1% fees, pros, cons, and alternatives!

Redefy is one of the renowned discount real estate companies in the US. It offers 3 packages at a flat fee:

• Self-Service ($379): You get a 6-month listing period. This includes local listing, yard sign, 10 photos on the listing, etc.
• Limited Service ($499): Here, you get a 1-year listing period. This package includes a local listing, door key lock box, 25 photos on the listing, etc.
• Virtual Full Service ($2,995): This premium package offers personal consultation, full customer support, extensive marketing, etc.

👉 Our Take: Redefy offers different pricing models that suit your needs. It offers all the necessary services you need to close the sale. Along with a low flat fee, it charges you a non-refundable fee of $500. This increases the value of the package.

Redefy offers:

• Affordable Pricing: You need to pick the package that suits your requirements. Although features like local listing, email, text & live chat support, yard signs, and door lock keys remain constant throughout.
• In-House Support: You are provided with professional in-house support like home staging with accurate pricing.
• Mortgage Calculator: Redefy’s Mortgage Calculator allows you to estimate your overall mortgage, insurance, and taxes.

The disadvantages with Redefy are:

• 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.
• Service Coverage: They serve only 9 states in the US (Colorado, Florida, Georgia, Illinois, North Carolina, South Carolina, Tennessee, Texas, and Virginia)

Redefy has a rating of 4.1 out of 5 stars on Yelp.