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5 min read Feb 28, 2024

6 Best Real Estate Companies in Rhode Island (2024 Updates)

Home prices in Rhode Island have increased by 12.6% Y-O-Y and are now at a whopping $459,900. Simultaneously, mortgage rates have witnessed a sharp decline from 7.79% in Oct 2023 to 6.63% in Jan 2024. The market is booming for both sellers and buyers. If you want to sell your home or buy a new one, NOW is the time to do so!

Real estate companies can help you get access to the MLS quickly. Whether you use a Flat Fee MLS company or a discount brokerage, you will receive a quick and affordable real estate transaction.

Top 6 Rhode Island Real Estate Companies:

    For Home Sellers
  1. Houzeo: Best Technology
  2. Redfin: Best for Marketing Properties
  3. Century 21: Expert Assistance
    For Home Buyers
  1. Long Realty Co: Best for Local Market
  2. Berkshire Hathaway HomeServices: Best for First Time Buyers
  3. Zillow: Best for Buying Properties

Best Real Estate Companies for Home Sellers in Rhode Island

Discover the best home-selling companies in the Ocean State. From lively Newport to the beautiful Warwick, we have found the 3 best companies for you.

1. Houzeo

#1 Flat Fee MLS Service

Houzeo.com

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, 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 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.com is Rhode Island’s #1 real estate company. It provides an unbeatable combination of maximum savings, 5-star customer support, and cutting-edge technology.

Houzeo provides affordable listing packages to Rhode Island FSBO home sellers. Also, its offer management and showings tool will help you ace your real estate journey like a pro.

2. Redfin

BEST TECH-ENABLED BROKERAGE

Redfin.com

redfin-logo-DRB
  • 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 is primarily known for its advanced tech platform and mobile app. It covers 80+ markets in the US.

However, Redfin’s listing agreement states they will list your property on the MLS in 18 days. Services like Houzeo will list you on the MLS within 24 to 48 hours.

3. Century 21

Brand Recognition

Century 21

Century_21_logo
  • 3% - 6% Commission
  • 1 Star1 Star   1/5 (100+ reviews)

Century 21 is one of the world’s largest real estate brokerage firms. It operates in every U.S. State and 82 other countries.

Century 21 does not disclose its price on its website. This means you might end up paying the traditional 3% to 6% commission.

👉 Our Take: Century21 could be a good option for first-time home sellers who do not mind paying high commissions. Along with listing, you will get assistance for contract reviews, offer management, closing, etc.

Here are some advantages of choosing Century21:

  • Global Coverage: Century 21 operates in every U.S. State and 82 other countries.
  • Market Exposure: It has good brand recognition and over 14,000 independent franchises. It has real estate brokers working with over 122,000 real estate agents.
  • Best for First-Time Home Sellers: Home sellers get access to contract reviews, handle their listing, offer management, closing, and a lot more.

Century 21 has some drawbacks that a user should be aware of.

  • No Discounts: The agent’s fees for Century 21 are usually high. They do not offer any discounts.
  • Delayed Services: Previous customers have complained that the agents were not helpful and that it delayed the process.

Century 21 has an average rating of 1 out of 5 stars from 100+ reviews on Consumer Affairs.

Century 21 is the world’s largest real estate company located in New Jersey. It has over 14000 independent franchises. Founded in 1971, it has become one of the most recognizable brands in the real estate industry.

It is known for its innovative marketing and technology. However, many customers have reported delayed services and high agent fees.

Best Real Estate Companies for Home Buyers in Rhode Island

Explore the top home-buying companies in Rhode Island. From Westerly to Bristol, you can discover affordable homes.

1. Long Realty Co

Local Expertise

Long Realty Co

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  • Based in Rhode Island
  • 4.5/5</strong data-lazy-src=

Long Realty is a real estate market leader in Rhode Island, with a focus on homes, farms, and land. It serves buyers across the state and it has a premier real estate team.

However, many sellers have reported inconsistency from their real estate agents.

2. Berkshire Hathaway HomeServices

💫 Luxury Listings

Berkshire Hathaway

berkshire-hathaway-logo_
  • Based in Minneapolis, MN
  • Elite Clientele
  • 2.5/5 (60+ reviews)

Berkshire Hathaway HomeServices is a real estate brokerage franchise in the US. Headquartered in Minneapolis with over 44,000 real estate agents and 900 offices, BHHS makes over $136 billion annually in residential real estate transactions.

  • No Service Fee: As a buyer, you can register with Berkshire Hathaway HomeServices for free of cost.

👉 Our Take: Berkshire Hathaway HomeServices provides its services to all kinds of home buyers whether you are a first-time home buyer or a luxury home buyer.

» Selling a House: Things you need to know!

Key highlights of BHHS include:

  • Search Tool: BHHS provides you with a search tool so you can browse through a variety of homes available in the market.
  • Assistance in Paperwork: The agents handle all paperwork for you in relation to buying a house.
  • Market Knowledge: BHHS agents provide practical knowledge and guidance based on years of local market expertise. With in-depth property and community information, they help you finalize your dream home.
  • Mortgage Calculator: They provide a mortgage calculator by which you can figure out the monthly payments of a home mortgage loan, based on your desired home’s sale price.
  • Start to Close Assistance: BHHS agents are experienced in handling all phases of the purchase process, including home inspections.

Few red flags we found about Berkshire Hathaway include:

  • Inconsistent Agent Quality: Since BHHS franchises are independently owned and operated, agent experience differs from one location to another.
  • Poor Reviews: Customers have complained about delayed transactions and a lack of communication from the agent’s end.

 

Berkshire Hathaway has a rating of 2.5 out of 5 from 60+ reviews on Best Company.

Berkshire Hathaway is headquartered in Omaha, Nebraska. It is known for selling high-end luxury properties. It provides buyers with unlimited access to their daily updated listings with pictures, details, property features, and nearby amenities to help them choose the best home.

You can also opt for their email updates that apprise you of new homes on the market. However, Berkshire Hathaway HomeServices Texas Realty offers its services mainly in Austin and nearby areas.

3. Zillow

Largest Marketplace

Zillow

Zillow
  • Based in Washington
  • 1.1/5 (700+ reviews)

Zillow is the most visited real estate website. Zillow provides an exceptional home buying, renting, and selling experience.

  • Zillow Premier Agent: You can connect with an agent representing a particular property and get their commission rates on request. Typically, a buyer agent charges a 2%-3% commission on the sale price.

👉 Our Take: Zillow’s Zestimate can be helpful for initial research, but don’t rely solely on them.

» Zillow Offers Reviews: Everything you need to know about Zillow

Key Features of Zillow:

  • Home Search: Zillow’s platform allows you to search for homes based on various criteria like location, price, size, features, etc.
  • Mortgage Calculator: It allows you to compare mortgage rates from various lenders. You can pre-qualify for a loan through Zillow Home Loans.

Zillow has some major drawbacks that home sellers should be aware of.

  • Poor Customer Reviews: A staggering number of customers have complained regarding their disappointing experience with Zillow.

Zillow has a rating of  1.1 out of 5 on Consumer Affairs.

 

Zillow is the most popular real estate website in America. It was founded in the year 2006 and is headquartered in Seattle.

Moreover, Zillow extracts data from top MLS platforms. It helps buyers view the listings directly on the platform.

Find Your Dream Home 🏡

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Where do you want to live?

How to Choose the Best Real Estate Company in Rhode Island?

You can choose the best real estate company in Rhode Island based on these factors:

  • Maximum Exposure: Find a company that will give maximum exposure to your property. This could also include an MLS listing, social media advertisement, and customizable yard signs.
  • Strong Technology: A company’s website should have robust technology that can make selling or buying a house faster and more efficient. Also, look for features like virtual tours, high-quality photos, and user-friendly interfaces.
  • Responsive Customer Service: Having good customer service can help you with smooth real estate transactions. Find a company that offers prompt and also have helpful customer service.

Final Word

Real estate companies help you ace your home selling or buying journey. However, before you choose a real estate company in Rhode Island, we suggest you conduct thorough research.

The basic requirements for a good real estate company are experienced and dedicated agents, maximum savings, tech-savvy, and quick transactions. With Houzeo, you get all these factors on one single platform.

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 it is one of the best FSBO sites in America.

Frequently Asked Questions

Which is the best real estate company in Rhode Island?

The best company in Rhode Island is Houzeo. It offers sellers maximum savings, advanced technology, 5-star customer support, 100% online experience, and listing exposure.

» Best Real Estate Companies in Rhode Island: Find out the top companies in Rhode Island.

What are the best real estate companies for buyers in Rhode Island?

The best real estate companies for home buyers in Rhode Island are Long Realty Co, Berkshire Hathaway HomeServices, and Zillow. They offer home buyers various services and tools such as virtual showings, mortgage calculators, and more.

How can I sell my property quickly in Rhode Island?

You should set a competitive price, enhance curb appeal, and highlight your home features effectively to sell your house fast in Rhode Island.

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