Table of Contents

8 min read Apr 10, 2024

10 Best Low Commission Real Estate Agents (2024)

Edited By

Carol Coutinho

Edited By

Carol Coutinho

Editor, Houzeo

Carol is a versatile content editor and writer, crafting riveting narratives with precision and finesse. When not reading a novel, she is immersed in the enthralling world of the theater.

Find Carol Here

The typical 5%-6% real estate commission must be a pain in your neck. You can significantly reduce this outlay with low-commission real estate agents and pay just an average listing fee of 2%.

A reduced real estate commission service helps you save a lot of money and provides the same expertise as a full-time brokerage.

Low-commission realtors are a good option if you want to save money while getting an agent’s expertise. They reduce your commission by charging less than the average listing fee of 2.83%.

Rankings: 10 Best Low Commission Real Estate Agents & Companies

Low Commission Realtor / CompanyFeeMax Savings100% Online5-star Reviews*Broad CoverageMobile App
1. Houzeo$399
Flat Fee
2. Redfin1.5%
3. Ideal Agent2%
4. HomeLight2.5%
5. SimpleShowing1%
6. Trelora1%
7. Homie$5,000
Flat Fee
8. Houwzer1% Commission
9. Redefy$2,995
Flat Fee
10. Prevu1.5%

Reviews: 10 Best Low Commission Real Estate Agents & Companies

Here are the 10 best low-cost real estate brokerages:


#1 Flat Fee MLS Service

Houzeo Logo
  • Listing Fee: $399
  • Available nationwide
  • Houzeo has 4.9 out of 5 stars 4.9/5 (8,000+ reviews)

Houzeo is real estate company headquartered in New York.

Houzeo offers 4 Flat Fee MLS packages.

  • Bronze Package – $399: This package offers Houzeo listing only for 6 months with 24 photos.
  • Silver Package – $399+0.5% at Close: This offers maximum photos upload and provide you with seller disclosures.
  • Gold Package – $429+0.5% at Close: It is Houzeo’s signature MLS package and includes all the technology Houzeo is known for like, Houzeo Showings, Houzeo Offers, and DigiTransact.
  • Platinum – $449+1% at Close: It includes the assistance of a licensed broker to help you with negotiations, seller disclosures, and closing.

👉 Our Take: We recommend the GOLD plan. You’ll have access to Houzeo tech, making managing showings and offer negotiations easy! Confirm all prices on your particular state’s pricing page before you list.

» 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,, 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 platform with its easy listing, fast changes, online showings, and online offers. Houzeo mobile app is also very powerful.
  4. No Hidden Fees: In most states, you’ll be paying just a small flat fee to list on MLS by owner. 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.

» Is Houzeo Good for You?  Houzeo addresses all Houzeo complaints from home sellers.

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

» Houzeo ReviewsHouzeo is rated Excellent by 8,000+ home sellers.

Houzeo is America’s #1 flat-fee listing service. It provides an unbeatable combination of maximum savings and 5-star customer support and is available on iOS and Android platforms.

Houzeo’s flat fee feature helps you save up to $10,000 on agent commissions. You also get dedicated customer support to make the home-selling process easier.

2. Redfin


  • Listing Fee: 1% of Sale Price
  • Available in 80+ U.S. Markets
  • 4.25 stars 4.3/5 (66+ reviews)

Redfin does not disclose its pricing on its website. Sellers will have to pay common closing costs.

  • It offers 0.5% buyer’s rebate. To avail this, you’ll have to buy and sell with them.

👉 Our Take: Redfin offers 1 rebate option but with a strict clause. While, other real estate companies are willing to offer a higher rebate.

» Redfin Reviews: The reality of the buyer’s rebate.

Here are some advantages of choosing Redfin:

  • Advanced Technology: With 3D walkthroughs and 40+ filters to narrow down your search, the Redfin app makes it easy to find the right home from anywhere.
  • Paired With Local Agents: Local agents know their market better. This can help you secure a good deal.
  • Home Tour: You can see updated listings every 5 minutes on their website. You can also schedule a home tour for the same day.
  • Nationwide Coverage: Redfin covers 80+ markets in the US.

Here are some limitations we found with Redfin.

  • Strict Rebate Criteria: Clients who sell and buy with Redfin within one year get a rebate of 0.5%.
  • No Freedom in Agent Selection: You get an agent assigned automatically without having a choice in the matter.
  • Agents Are Less Incentivized: Unlike traditional agents who work for commission, Redfin agents get a fixed salary. This can demotivate them from offering you additional services.
  • Poor Customer Reviews: Customers have complained that agents are often unreachable and unprofessional.

Redfin has an average rating of  4.3 out of 5 stars from 66+ reviews on Google.

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

Redfin was founded in Seattle in 2002 by Mr. David Eraker. It covers 80+ markets in the US.

It provides an elaborate listing agreement with a marketing plan for your home. However, this agreement specifies a long 18-day timeframe for listing your property on the MLS. Additionally, some customers have expressed concerns about the non-availability and unprofessionalism of their agents.

3. Ideal Agent


Ideal Agent

Ideal Agent Logo
  • Listing Fee: 2% of Sale Price
  • Nationwide coverage
  • 5 Stars 5/5 (6,240+ Reviews)

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 WorkHere 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. 

Ideal Agent is an agent-matching service headquartered in Florida. It connects sellers and buyers with partner agents in its network.

These agents pre-negotiate their commission with Ideal Agent, and their fee is higher than the other agent matching services. You will have to pay a 2% commission, from which the broker pays 25% to the company as a referral fee.

4. HomeLight



Homelight Logo
  • Listing Fee: 2.5%-3% (Varies)
  • Good agent coverage
  • 4.5 Stars 4.6/5 (290+ Reviews)

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 ReviewsSee their reviews to make an informed decision.

HomeLight is a real estate website with a database of over 28,000 agents. This database allows you to compare agents and select the best one based on discounts, experience, and sales records.

The agent fee of of 2% to 3% including the HomeLight’s referral fee can ultimately make you pay more than other discount real estate brokers.

5. SimpleShowing



simpleshowing logo
  • Listing Fee: 1% of sale price
  • Restricted coverage
  • 4.9stars 4.9/5 (out of 108 reviews)

SimpleShowing is a hi-tech brokerage that matches sellers with local Realtors. 

  • Agent matching – 1% Commission: They give all the services of a traditional agent and additional services like a self-tour lockbox for $995, listing on MLS, professional photographer, home valuation, and much more. They also assist with negotiations.
  • Buyer’s Commission Refund: Average $5,000+ are paid back towards the closing costs when you buy a house.

Coverage: In Florida, they cover Miami, Orlando, Tampa and Fort Lauderdale. In Texas, they operate in Dallas and Fort Worth, and in Georgia they serve in Atlanta and Savannah.

👉 Our Take: SimpleShowing is not at all a cost-effective low commission real estate brokerage. The additional charges for a premium lockbox increase the seller’s cost instead of decreasing it.

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

  • Additional Services: There are additional services at a cost that could come in handy for the seller. Such as professional photography and home staging.
  • Mobile App: You can schedule showings on their mobile app.
  • Buyer Refund: You can hire SimpleShowing as your buyer agent and get half of the buyer agent’s commission as closing cost credit.

In our research, we found these major drawbacks of SimpleShowing.

  • Average Customer Support: Past customers have complained about a lack of support from the agents.
  • Poor Agent Quality: SimpleShowing works on the model of minimum listing price, this compromises quality.

SimpleShowing has an average rating of 4.9 out of 5 out of 108 reviews on Google.

» SimpleShowing Reviews: Check out the customer reviews of SimpleShowing.  

SimpleShowing offers its services in Florida, Texas, and Georgia. Its 1% listing fee gets you a home valuation, professional photos, and paperwork assistance.

SimpleShowing’s team of experienced local agents has garnered a 5-star rating on Zillow. They help you manage your real estate transaction from listing to closing.

6. Trelora



Trelora Savings
  • Listing Fee: 1% of sale price
  • Restricted coverage
  • Best Companies that Buy Houses for Cash in Raleigh, NC 4.9/5 (515+ Reviews)

Trelora is a full-service realty that offers services to home sellers at discounted rates. The company strives to modernize home ownership through the use of technology.

For Home Sellers:

Trelora offers two listing packages for sellers:

  • Trelora EasySell ($2,500): This package is available only through Trelora’s mobile app, where sellers can get full virtual service for a flat fee.
  • In-Person Full Service (1% Commission): This package offers in-person full service for a commission of 1% of the sale price at closing.

For Home Buyers:

  • Buyer’s Rebate: With Trelora, home buyers can get a rebate of up to $2,500 by bundling the mortgage and title.

Coverage: Trelora offers services only in Arizona, California, Colorado, Georgia, North Carolina, South Carolina, and Washington.

👉 Our Take: Trelora offers full-service assistance for home sellers. However, it does lack multiple agent assistance.

Trelora offers certain advantages:

  • Good Add-On Features: It offers add-on features like listing consultation, professional photography, and negotiation assistance.
  • Good Technology: The company’s software claims to make the process for home sellers digital and straightforward. However, not much information was found on the specifics of their tech stack.

» What is TreloraCheck this out before choosing them.

Below are some of the significant drawbacks of using Trelora:

  • Multiple Agents Assistance: Trelora agents handle multiple clients to save on operating costs. Different low-cost real estate agents assist you at every sale stage, leading to better communication.
  • Poor Customer Support: Customers who have worked with the company have complained about poor customer service quality.

Trelora has an average rating of 4.9 out of 5 on Zillow.

» Trelora Reviews: Check out the customer reviews that can help you know more about Trelora.

Joshua Hunt established Trelora in 2011. It is headquartered in Denver, Colorado. Trelora was acquired by Houwzer, a prominent real estate firm, in December 2022.

Trelora does not assign a dedicated agent to you. Instead, it connects you with a different agent at every step of the process. This may lead to delays, mistakes, and miscommunication.

7. Homie



  • Listing Fee: $5,000 Flat Fee
  • Restricted coverage
  • 4.5 Stars   4.4/5 (930+ Reviews)

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.

Homie is a Utah-based company that was founded in 2015. It offers in-person agent support to home sellers. Additionally, it also has a user-friendly dashboard and a mobile app.

However, Homie has limited coverage and covers only 5 states. Many customers have also complained about its poor customer service and lack of experience.

8. Houwzer



Houwzer Logo
  • Listing Fee: 1% of Sale Price
  • Restricted coverage
  • 4.75 Stars 4.8/5 (300+ Reviews)

Houwzer is a full-service Realtor. It can help you save thousands by offering:

  • Flat rate (1% Commission): A fixed 1% listing fee on the total home sale price.
  • Cashback ($2,500): You earn a cash rebate if you decide to sell and buy your house with Houwzer.

👉 Our Take: A flat commission of 1% on your home sale value is suitable for low-valued houses. If your house worth is higher, consider a flat fee alternative.

» Houwzer: Read the comprehensive review!

Houwzer offers:

  • Add-On Features: Houwzer offers add-on features like virtual tours, HD photography, and closing assistance.
  • Coverage: It offers its services in Delaware, Florida, New Jersey, Maryland, Pennsylvania, Virginia, and Washington D.C.
  • Cash Advantage: It 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.

  • Not Suitable for High-Valued Homes: If you’re selling a high-valued house, you will end up paying a high commission.
  • No Personalized Support: The agents are salaried and handle multiple clients at once. They may not provide complete assistance to you.

Houwzer has an average rating of 4.8 out of 5 stars from 300+ reviews on Google.

» Houwzer Reviews: Check out the customer reviews.

Houwzer was launched in Philadelphia, PA, in 2014. Its easy-to-navigate dashboard lets you chat with the agent and track your listings. Moreover, their add-ons, like photography and closing assistance, make your home-selling journey easy.

However, Houwzer’s agents handle multiple clients at once. They may not be able to provide you with personalized assistance.

9. Redefy



Redefy logo
  • Listing Fee: $3,500 Flat Fee
  • In-person support
  • 4.25 stars  4.1/5 (40+ Reviews)

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.

Redefy, headquartered in Aurora, Colorado, is a licensed discount real estate brokerage firm started in 2011. They operate in very few states of the US.

Redefy works on the principle of a flat fee brokerage. This means that for your million-dollar house, you just pay a flat rate.

10. 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 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.
  • 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 Real Estate is a licensed brokerage located in New York. It has highly qualified agents and over 500 positive reviews on Google.

However, Prevu has a small team of agents who deal with many clients. This limits your ability to select an agent of your choice.

Find the Best Low Commission Realtors Near Me

RegionStates/CitiesDiscount / Low Commission Realtors & Companies
NortheastStatesConnecticut | Massachusetts | New Hampshire | New Jersey | New York | Pennsylvania | Rhode Island | Vermont | Delaware | Maine
NortheastKey Cities Lawrence, MA | Albany, NY | Pittsburgh, PA
MidwestStatesIllinois | Indiana | Iowa | Kansas | Michigan | Minnesota | Missouri | Nebraska | North Dakota | Ohio | South Dakota | Wisconsin
MidwestKey Cities Chicago, IL | Naperville, IL | Westchester, IL | Indianapolis, IN | Elk River, MN | Eureka, MO | Kansas City, MO | St Charles, MO | St. Louis, MO | Omaha, NE | Cincinnati, OH | Cleveland, OH | Columbus, OH | Dayton, OH | Kenosha, WI | Milwaukee, WI
SouthStatesAlabama | Arkansas| Florida | Georgia | Kentucky | Louisiana | Maryland | Mississippi | North Carolina | Oklahoma | South Carolina | Tennesse | Virginia | Texas | Washington, D.C. | West Virginia
SouthKey CitiesAlaska | Arizona | California | Colorado | Hawaii | Idaho | Montana | Nevada | New Mexico | Oregon | Utah | Washington | Wyoming
WestStatesAlaska | Arizona | California | Colorado | Hawaii | Idaho | Montana | Nevada | New Mexico | Oregon | Utah | Washington | Wyoming
WestKey Cities Phoenix, AZ | Los Angeles, CA | Orange County, CA | San Diego, CA | San Jose, CA | Sacramento, CA | Ventura, CA | Indio, CA | San Francisco, CA | San Fernando Valley, CA | Ramona, CA | Denver, CO | Colorado Springs, CO | Fort Collins, CO | Loveland, CO | Oahu, HI | Ewa Beach, HI | Pearl City, HI | Maui, HI | Honolulu, HI | Boise, ID | Albuquerque, NM | Las Vegas, NV | Eugene, OR | Portland, OR | Vancouver, WA | Seattle, WA | Camano Island, WA

What Are Low Commission Real Estate Agents?

Low-commission real estate agents provide services similar to those of traditional real estate agents but with a lower commission rate, between 1% to 2%. Your savings may vary depending on the type of low-commission agent or company you choose.

How Much Can I Save With a Low-Cost Realtor?

For instance, if you are trying to sell your home for $500,000, your savings with a low-commission agent would be as below:

Traditional Agent
(2.5% commission)
(1% commission)
(1.5% commission)
(2% commission)
Seller's Agent
Buyer's Agent
❌ $0
✅ $7,500
✅ $5,000
✅ $2,500

Types of Low-Commission Real Estate Agents

Real estate agents with low commissions are divided based on the services they offer:

  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. Virtual Full-Service Agents: A virtual full-service low-commission broker handles everything online. All services, including negotiation and marketing support, are free of charge.
  3. Flat-Rate Low Commission Agents: These companies charge a fixed fee instead of the regular 3% commission. The fee can be anywhere between $3,000 and $5,000. A flat-rate Realtor is perfect for homes priced on the higher end.

How Do I Choose a Low Commission Real Estate Agent?

The right real estate agent can help make your home sale process affordable and stress-free. Here’s what you need to keep in mind when choosing your low-commission real estate agent:

  • Less Commission: Look for listing agents charging the lowest commission, typically around 2%.
  • Good Technology: Choose brokerages with cutting-edge technology, online paperwork, and a mobile app.
  • Reliable Reviews: Check customer reviews on Google and Trustpilot to ensure that you don’t fall for any scams.

How Do Low Commission Real Estate Companies Make Money?

Low-commission real estate companies work by negotiating with no-fee Realtors. They handle multiple sellers at the same time, which helps recover the seller’s commission difference. Also, such brokerages have a streamlined sale process, which allows them to save even after providing low-commission services.

Pros of Low-Cost Realtors

  • Higher Savings: A low-cost Realtor will help you with commission fees. They streamline the process and make different stages of the sale easier to navigate.
  • Full Access to Basic Services: You receive the same services as you would with a traditional agent. They assist with home pricing and marketing.

❌ Cons of Low-Cost Realtors

  • Net Proceeds Might Be Low: A virtual low-cost Realtor won’t be present at the closing. Without help negotiating, you may not get your asking price.
  • Dual Agency Issues: Dual agency is when a real estate agent acts as both a seller’s and buyer’s representative. The incentive to double-end the deal increases when the agent makes very little money from the sale in the first place.

Alternatives to Low Commission Real Estate Agents

Here are some options if you do not want to opt for a low-cost Realtor:

  • List With a Full-Service Realtor: If you need guidance, 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: Opendoor and Offerpad purchase homes across the country. iBuyers can be a great option if you want to sell your house fast.
  • Sell to Cash Home Buyers: Cash home buyers make all-cash offers, usually within 24 to 48 hours. They 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 and save thousands in listing agent commission.

Are Low-Cost Realtors Worth It?

Yes! The best way to save money is to hire a full-service low-commission real estate agent. Instead of the typical 3% listing agent commission, you’d need to shell out around 1% to 2% of your home’s sale price.

You can reduce this amount even further by opting for a flat-fee MLS listing service like Houzeo. With the Platinum plan, you can take advantage of virtual full broker assistance and get your home on the MLS within 24 hours.

Eager to Know How Houzeo Works?

We’ve got you covered. Check out how you can list your home on the MLS with Houzeo.

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 it is one of the best FSBO sites in America.

Frequently Asked Questions

How to find low commission real estate agents near me?

Not all the low commission real estate agents and companies have the same coverage. So pick those with nationwide coverage or extensive local coverage to get the best commission deal.

Which real estate company charges the least commission?

Houzeo, Redfin, and Ideal Agent top the charts. On the other hand, low cost Realtors like Houwzer can be a good bet for high valued homes.

What is the lowest commission a Realtor will take?

Low commission Realtors charge a 1% to 2% listing fee or an upfront flat fee. On the other hand, the average real estate agent commission is 2.5% to 3% of the sale price.

Are low commission real estate agents reputable?

Yes, low commission real estate agents are reputable. These low-fee agents are traditional realtors who offer their services but at a lower cost.

As real estate agents, they have to complete licensing and training requirements. It does not matter if they are traditional or discount Realtors, adherence to the NAR Code of Ethics is an absolute must.

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