9 min read Jun 13, 2022

10 Top Real Estate Companies In Virginia In 2022

✍️ Editor’s Note: Virginia’s Housing market saw a historic growth in 2021. Choosing the right real estate companies can help you leverage this growth. » Save: Americans have listed $3.5 billion worth of properties on Houzeo.com in 2021. Start your FREE listing NOW!

In 2021, 9 out of 10 homebuyers in Virginia purchased their home through a real estate agent.

Most of the agents are associated with real estate companies. While choosing your real estate agent you might want to research the companies as well.

» In this guide, we’ll cover:

Top 10 Real Estate Companies in Virginia: At a Glance

CompaniesKey HighlightsCoverageCustomer Reviews
Houzeo📱Most Advanced TechNationwide⭐⭐⭐⭐⭐ (1,292 reviews)
Keller Williams💹 Marketing/Tools & Agent Training50+ countries⭐⭐ (109 reviews)
Coldwell Banker Real Estate🏆 Most Successful Investors40+ countries⭐⭐⭐ (232 reviews)
Berkshire Hathaway💸 Luxury Listings 9+ countries⭐⭐⭐⭐ ( 97 reviews)
eXp Realty💻 Collaborative Virtual Platform8+ countries⭐⭐⭐⭐ (14 reviews)
Exit First Realty🆕 Innovative Marketing ApproachAcross North Amrica⭐⭐⭐⭐⭐(out of 175 reviews)
The AveryHess Group💼 One Stop Destination for Real Estate ServicesDMV area⭐⭐⭐⭐⭐ (out of 261 reviews)
The Keri Shull Team💯 Guarantee Programs for customersDMV area⭐⭐⭐⭐⭐ (out of 394 reviews)
RE/MAX Alliance👩‍🏫 Best for In-Person Support110+ countries⭐⭐⭐⭐ (out of 41 reviews)
Century 21Brand Recognition86 countries⭐⭐ (out of 10)

Virginia Real Estate Market Trends

Median Sales Price$440,200 [1]
Homes Sold Above List Price62.9% [2]
Average Days on the Market22 [3]
Sale to List Price103 % [4]
Average Commission for REALTOR in VA6%

Reviews: 10 Top Real Estate Companies in Virginia

Houzeo

High on Tech
  • Listing Fee: $349
  • Listings Featured on Houzeo App

Houzeo is the most popular and competitive platform for sellers looking for full-service affordable companies that will give maximum savings with minimum real estate agent interaction. Also, Houzeo is considered to be the best Flat Fee MLS and FSBO provider in the US real estate market.

💰 Save Thousands on Commission: Houzeo is an advanced tech platform that allows home sellers to list their homes on the MLS for a small flat fee, working with a listing agent who doesn’t typically charge a commission. This saves you almost 50% of the agent commissions right away.

Package Customization: You can customize the packages as per your requirements and even opt for services like contract review, pricing assistance, professional photography, and more as per the requirement.

📱 Enjoy Cutting Edge Technology: Home sellers, after registering, get access to an exclusive seller dashboard where they can receive, review, and compare offers. The platform also allows features like contract updates, counter offers, home showings, lockbox, yard signs, and more.

5 Star Reviews: With superior reviews on Google and Trustpilot, Houzeo is also the most advanced For Sale By Owner (FSBO) platform in the United States.

📌 Coverage: Houzeo has nationwide presence.

🏆 Best For: Zero hidden fees, MLS exposure, 100% automated process, Listing within 8 business hours with Houzeo Concierge, Buyer leads directly shared with the seller, Counteroffer feature, and Affordable full-service packages` No other real estate company comes close to offering such features.

»SAVE: Start your free listing on Houzeo.com today!

  • Nationwide coverage
  • Listings get syndicated to Zillow, Realtor.com, Trulia, Redfin, and 100s of other sites
  • Quick listing (within a day with concierge)
  • Savings on commissions
  • 100% online – easy listing, fast changes, online showings, and online offers
  • Mobile app availability

Houzeo has a 4.9 /5 rating on Google & Trustpilot.

Houzeo is available nationwide.

Keller Williams

MARKETING,TOOLS & AGENT TRAINING
Copany LogoLogo image

Keller Williams

Company Link
  • Virginia's top real estate experts
  • Varied Franchise Performance

Keller Williams Realtors is a well-known international real estate company that also happens to be the largest residential real estate firm in the United States of America. The brand has a culture that is agent-centric, technology-driven, and education-based, and it recognizes and rewards its agents for their contributions.

Keller Williams Real Estate Brokerage: How The Brokerage King Works
In contrast to the traditional commission split, the Keller Williams Commission Split structure always distributes 70% of the Gross Commission Income to the agents and 30% to the market center, unless otherwise specified. The agent is required to pay the main company a royalty fee of 6% of the commission as a result of the agreement.

Selling With Keller Williams:

🤯 An experienced real estate agent who is well-versed in the selling process, from the initial listing to the final closing.

🤝 Allied partners looking out for you and your home throughout the selling process

🔊 Marketing know-how and tools to get the most out of your home’s top-tier exposure

🧑🏻‍🏫 Expertise in listing, pricing, staging, and selling your home to the right buyer in the shortest amount of time possible.

Buying With Keller Williams:

💮 State of the art systems to make the process of purchasing a home as simple and straightforward as possible.

🧑‍💼A knowledgeable and professional team of real estate agents

📖 The backing of an internationally known and trusted company, Keller Williams

👍 A knowledgeable and professional team of real estate agents

» Learn More: Top 10 Real Estate Agents in Virginia.

  • Brand Value
  • Marketing techniques and tools to get your home top-tier exposure
  • An allied partner looking out for you and your home throughout the selling process
  • Good customer service
  • Franchises’ performance varies
  • Poor ratings on various portals

Keller Williams has a rating of 2/5 on TrustPilot.

Keller Williams franchise branches serve throughout Virginia.

Coldwell Banker

Strong online and offline presence
Copany LogoLogo image

Coldwell Banker Advantage

Company Link
  • 15 filtering options on website
  • Unique Marketing Tool

Coldwell Banker Real Estate LLC is an American full-service real estate brokerage owned by Realogy.

Coldwell Banker’s Full Service Marketing System shows that we are reliable, professional, and committed to providing a level of service that goes above and beyond what our customers expect. This promise is backed by their Seller Services Guarantee.

Coldwell Banker Real Estate LLC has a unique marketing tool named CBx. This technology not only benefits the agents but also buyers and sellers. They also have 15 filtering options available to you when searching for homes on their website.

🗣️ For Agent’s Advantage: Using the power of technology, your Coldwell Banker agent will have a distinct advantage over other agents in the process of selling your home quickly and for the most money. The increased accuracy of market knowledge, advanced pricing tools, and access to comprehensive housing data enable them to make the selling process more efficient, enjoyable, and successful for you, their client.

🏚️ For Buyers and Sellers Advantage: If the agent gets the correct and accurate details about the sellers, then it becomes easier to negotiate with the buyers and quote a price. This benefits the buyers, as the agent will give accurate details.

The sellers will in turn get a fair price for their house and the agent will give them customized price adjustments based on the home’s amenities.

Coldwell Banker’s website does not include any tools or resources for sellers. If you’re selling your home, you’ll need to conduct additional research or speak directly with your agent.

They do, however, discuss in detail how their agents can help you sell your home faster and for more money than other Realtors.

» Learn: Creative Ways to Market a House.

  • Knowledgeable real estate professionals
  • Advanced technology – CBx to help get more accurate information about the properties
  • Strong agent network. Better reach in the market.
  • Delayed process
  • Poor ratings on various portals
  • No uniformity in agent’s service

Coldwell Banker Advantage has a rating on 4.3/5 on Facebook.

Coldwell Banker Advantage has branches throughout Virginia.

Berkshire Hathaway

Luxury Listings
Copany LogoLogo image

Berkshire Hathaway Town Realty

Company Link
  • Free Home Value Report
  • Free Local Market Summary

Berkshire Hathaway Inc. is a worldwide holding company headquartered in Omaha, Neb. Its chairman and CEO is Warren Buffett, often referred to as the Oracle of Omaha. His first HomeServices brand came in 2000, when he bought MidAmerican Energy.

If you’re thinking of selling your home with Berkshire Hathaway, their website has lots of resources for home sellers.

🆓 Free Market Summary and Home Valuation: There’s no need to sign a contract with one of their brokers to get a free analysis of your home’s value and a summary of the local market even if you haven’t yet.

📃 Ample of Seller Resources on Website: On their website, you can search for an office or an agent. They’re like little nuggets of wisdom. On the Berkshire Hathaway website, there is a search box. If you like one, you can schedule a viewing with one of their representatives.

 

🏘️ Berkshire Hathway HomeServices Towne Realty: Berkshire Hathaway HomeServices separates its information for homebuyers into two groups –

  • First-time home buyers
  • Luxury homes.

🪙 The Berkshire Hathway Luxury Division

Berkshire Hathaway is known for selling high-end properties. Their Luxury Collection Specialists are exclusively dedicated to the marketing of luxury properties. These Specialists have consistently earned their clients’ respect through a comprehensive understanding of how to effectively market to affluent buyers.

Luxury home sellers can help you get the best price for your home. As a result of this, buyers will also be able to choose a home that meets their long-term needs.

🔍 Explore: How to Price Your Home in 6 Steps!

  • Known for Luxury Properties
  • Free Market Analysis
  • Comparable Sales
  • Delayed process
  • Poor ratings on various portals
  • No uniformity in agent’s service

BHHS Towne Realty has a 4/5 rating on Yelp.

BHHS Towne Realty serves across Virginia.

eXp Realty

Collaborative Virtual Platform
  • Mobile App
  • Top Agents

eXp Realty is a leading real estate firm that provides a variety of services to both individuals and businesses. To help their clients find exactly what they need quickly, agents use cutting-edge technology from our cloud-based platform and database system.

The team is great at revenue sharing. You won’t lose money if your agent doesn’t sell enough homes or is unavailable for business reasons. These agents provide all the services a traditional realtor would provide, only virtually.

Buying and Selling with ExP Realty

As of 1988, eXp Realty has sold more than $150 billion worth of homes. This means they’ve been through just about every kind of deal there has been.

👉 Important Highlights of Selling a Home with ExP Realty

eXp World Foreclosure Resources: You can contact a foreclosure specialist who will return your call within 24 hours. Discuss your options, such as short sales and deeds instead of foreclosure, to help protect your credit score during this difficult time.

eXp World Home Inspection Services: An independent home inspection by eXp Realty’s Certified Professional Inspector gives buyers more peace of mind when deciding whether or not to proceed with the sale. Infrared scanning detects water leaks; video recording detects structural issues not visible to the naked eye; mould testing and remediation consulting services are available if needed.

👉 Important Highlights of Buying a Home with ExP Realty

Home-Buying Checklist: This handy glossary defines mortgage terms in plain English so you know exactly what you’re getting into! You’ll also learn how much everyone should pay for a house, which monthly bills will affect your loan approval, and how to avoid common pitfalls.

  • eXp World Lending Guide: This guide will help you find multiple sources of loans or financing options so you can make a decision quickly.
  • eXp World Lending Calculator: You can figure out how much house payment you should pay for each person based on their age, salary, monthly bills, etc. You can also compare rates and terms by entering numbers into an easy-to-use interface.

👉 Opportunities for Real Estate Agents at eXp world

  • Experienced Agent: For over two decades, this brokerage firm has been helping people buy and sell real estate, earning the “eXp” designation for their expertise.
  • Training: eXp Realty provides new agents with all of the training they need to be confident and successful on their own. The agents also have access to a weekly live video conference where past transactions will be discussed and analyzed by experts who have been there before.
  • Growth: Agents can work at their own pace while still being surrounded by like-minded people with similar goals. They give agents opportunities to advance in their careers without requiring them to give up any equity or control over their businesses.

» Learn More: How to Counter Multiple Offers.

  • Knowledgeable Agents due to eXp World
  • Fastest growing independent brokerage in the country
  • Many agents are making the switch to eXp Realty.
  • All the services are available virtually
  • Connects you with a local agent
  • No physical office
  • Not likely to offer discounted commission unless through Houzeo

eXp Realty has a 4.3/5 rating on Facebook.

eXp Realty serves across Virginia.

Exit First Realty

Innovative Marketing Approach
Copany LogoLogo image

Exit First Realty

Company Link
  • Top ten sales teams for 15 years.
  • 4.75 Stars 4.9/5 (out of 175 reviews)

Marc Austin Highfill

Marc Austin Highfill owns Exit First Realty. He has over 20 years of experience in the residential, commercial, and investment real estate markets in Richmond.

Marc has earned the OwnAmerica Investment Certification (OICP). This certification program trains real estate professionals on the strategies of investing, reading market cycles, driving wealth, and counseling investor clients.

His team, Marc Austin Properties at Exit First Realty, has been ranked in the top ten sales teams (for units sold and sales volume) by the Richmond Association of Realtors for 15 straight years.

His team was ranked number 1 out of 48,000 Exit Realty agents around the world in 2018.

Exit First Realty

EXIT First Realty is Central Virginia’s most innovative real estate team. We are a team of local real estate professionals selling some of the most desired homes in Richmond and all surrounding areas. Selling these “right addresses” is the mission of EXIT First Realty.

🔐 For Home Sellers:

For a home seller, EXIT Realty professionals use a multi-faceted marketing approach to selling your home including superior tools like Smart Sign Technology, Custom Website, Lead Generation, Flyers with text code, Virtual Tour to market your property in both print and digital media.

🏡 For Home Buyers:

For home buyers, EXIT Realty agent will help determine your buying power, focus your search to find the right property, then negotiate strategically on your behalf to achieve the best possible outcome.

»Learn: Creative Ways to Market Your House!

  • Great marketing techniques
  • Responsive team
  • Knowledge about the area
  • Quick in selling a property
  • Few customers had issues during closing.

Exit First Realty has a 4.9/5 (175 reviews)rating on Google.

Richmond, VA
Mechanicsville, VA
Hanover, VA
Glen Allen, VA
Sandston, VA
Tuckahoe, VA
Bon Air, VA
Chesterfield, VA
Midlothian, VA
Henrico, Buffalo Junction, VA

The AveryHess Group

One stop destination for Real Estate Services
Copany LogoLogo image

The AveryHess Group

Company Link
  • Operates across DMV area
  • 5 Stars 5/5 (out of 261 reviews)

The AveryHess Group

The AveryHess Group is comprised of real estate professionals who provide end-to-end guidance and local insight, tailored to the individual needs and goals of the clients.

Their high standards, customer service, attention to detail, and knowledge of the local market area have translated to over 160 transactions and $45M completed over the past 18 months in over 10 different languages (including English, Spanish, Chinese, French, Hindi, Urdu, Punjabi, Dutch, Swahili, and Lingala).

For Buyers: AveryHess has top Real Estate professionals and has some of the region’s Top Producers on their team.

  • 🗃️ Advice & Counseling: for Price, Deposits, Financing terms, loan contingencies, Personal property, Navigating and negotiating the inspection process, Termite and environmental, Title insurance, Drafting counter-offers, seller’s counter offer, Disclosures, Special requirements, Time for acceptance and method of acceptance, As-is properties, Possession, Pre-Settlement and Post-Settlement, Damages, Surveys, Home Warranty, Fair Housing Compliance
  • 🏦 Loan: Tie up with local lender George Mason Mortgage, LLC, to secure a loan at the lowest rates available.
  • 🧑‍⚖️ Settlement Support: Through Mobility Title for buyers and sellers
  • 📱 Technology: AveryHess Home Search App

 

For Sellers: They provide end-to-end support right from listing to closing.

  • 🔐 After Listing: Showings, Review Title information, have floor plans developed, calculate the 12-month utility usage, research and verify the city sewer/septic system, develop the Home Inspection Clause requirements, detailed list of amenities to assess market impact.

To know in-depth about their home seller services, click here.

» Learn More: Seller Disclosures in Virginia.

  • Responsive team
  • Negotiation
  • Knowledge about the area
  • Customers had issues during buying a property

The AveryHess Group has a rating of 5/5 (out of 261 reviews) on Zillow.

Centreville, VA
Fredericksburg, VA
Front Royal, VA
Woodbridge, VA
Fredericksburg, VA
Dunn Loring, VA

The Keri Shull Team

Guarantee Program for customers
Copany LogoLogo image

The Keri Shull Team

Company Link
  • Off-market properties
  • 5 Stars 4.9/5 (out of 394) 

The Keri Shull Team

The Keri Shull Team has helped over 1100 families in 2021. It is a #1 Mega Team in Virginia by RealTrends, and her team has sold nearly $5 billion of local real estate. The team has helped thousands of families buy or sell their home in VA, DC, MD, & FL.
Keri offers her clients several GUARANTEE programs that eliminate the typical risks associated with buying or selling properties.

🏡 For Buyers:

  • Off- Market Properties: They have over 160 exclusive off-properties which haven’t been listed on MLS, which gives buyers a first-mover advantage
  • Unique lending programs: Network of local lenders to create financial arrangements as per clients’ need.
  • Competitive offers: They have unique closing methods which will help you create a compelling offer on your house

🔐 For Sellers:

  • Free evaluation: They offer free evaluation of the property to help sellers find their home value, home equity, refinance, and mortgage reduction
  • Marketing Support: They have advanced marketing methods to target the right buyers to help clients sell their homes fast.
  • Buyers in waiting: They have over 30,000 buyers waiting for the right home. This further helps the seller, in finding more buyers.

» Learn More: A Seller’s Guide to Handle Multiple Offers

  • Guarantee Program for buyers and sellers
  • Off-market properties
  • Marketing strategy which includes direct mail and digital advertising
  • Some customers had issues with the pricing of the properties

The Keri Shull team has a rating of 5/5 (out of 716 reviews) on Zillow.

Fairfax County, VA
Loudoun County, VA
Fauquier County, VA
Arlington County, VA
Prince William County, VA
Falls Church, VA
Rosslyn, Arlington, VA
Warrenton, VA
Alexandria, VA
Woodbridge, VA
Great Falls, VA
Manassas, VA
Vienna, VA
Arlington, VA
Leesburg, VA
McLean, VA
Dale City, Woodbridge, VA
Ballston, Arlington, VA
Clarendon, Arlington, VA

RE/MAX Alliance

👩‍🏫 BEST FOR IN-PERSON SUPPORT
Copany LogoLogo image

RE/MAX Alliance

Company Link
  • Good coverage in VA
  • #1 In Global Home Sales

RE/MAX Alliance

🏢 About: RE/MAX Alliance is a group of award-winning REALTOR®s who still oversee the running of the company, 20 years after opening for business. It is one of the franchises of RE/MAX.

Selling with RE/MAX Alliance

  • 🤵‍♂️ Personal Agent For Your Convenience: RE/MAX agent takes responsibility for the entire selling process and keeps you up to date on its progress.
  • 💵 Pricing Your Home: Agents at RE/MAX Alliance can conduct in-depth evaluations of properties and provide Comparative Market Analysis.
  • 📣 Wide Virginia Market Visibility: Owing to their wide presence in VA, you will get the best marketing for reaching the right buyers.

Buying With RE/MAX Alliance

  • 🏡 Buying Your First Home: First-time Homebuyers can opt for RE/MAX Alliance’s services as their agents have a vast knowledge of first-time homebuyer programs and concierge-style service.
  • 🧑‍🏫 Professionals do the Negotiation: Agents are motivated, experienced, and negotiate with sellers to get the best price for buyers.
  • 🤝 Professionals Offer Ethics and Expertise: Agents at RE/MAX have years of experience and are bound by strict codes of conduct, principles, and obligations.

✅ Best For: New buyers or new home sellers who need in-person support.

 

RE/MAX 

🏛️ About: RE/MAX (short for Real Estate Maximums) is a well-known real estate brokerage. It has more than 125,000 agents across the country and was named the top real estate brokerage franchisor by the Franchise 500 for the year 2020.

» Learn: Selling a House As Is. 

  • Good coverage in Virginia
  • Knowledgeable real estate professionals
  • Brand Recognition, exposed to lots of marketing ideas
  • Customer complaints mentioning poor services offered by their agents

RE/MAX Alliance has a rating of 1.5/5 (out of 25 reviews) on Yelp.

Virginia Beach, VA
Norfolk, VA
Chesapeake, VA
Portsmouth, VA
Suffolk, VA
Hamptons, VA
Newport News, VA

Century 21

💫Brand Recognition
  • Brand Recognition
  • Various Online Resources

Century 21 is one of the world’s largest real estate brokerage firms. Century 21 has over 11,600 independent franchise real estate brokers working with over 122,000 real estate agents as of April 2021. Their international offices span over 80 countries.

Century 21 recently redesigned its logo. Its new look gives the old logo and color scheme a modern twist. This aligns with the brand’s more modern business approach.

🤔 Should You Choose Century 21 as Your Real Estate Brokerage?

Trained Real Estate Agents: According to Century 21 reviews, Century 21 real estate agents are highly regarded and well-informed. Century 21 Realtors are likely to provide a positive experience. Regardless of whether or not your agent is new to the real estate industry, you can rest assured that they have the support of a well-established company.

High Commission & Fees: All of these considerations may appear to be valid reasons for working with a Century 21 real estate agent. In contrast, if you select an agent from their website, you will not be eligible for any discounts or rebates. Instead, you will be working with an agent who will charge you the standard (high) commission and fees.

  • Brand Recognition, exposed to lots of marketing ideas. Good coverage
  • Knowledgeable real estate professionals
  • Delayed services as mentioned in the customer reviews
  • Poor ratings on various portals
  • Many customer complaints

Century 21 has a rating of 2/5 (out of 10 reviews) on Yelp.

Century 21 serves throughout Virginia

How to Choose the Right Real Estate Company

1. For Home Sellers

When buying or selling a house in Virginia, 9 out of 10 times a homeowner uses the services of a real estate agent or broker, making the selection of the most qualified agent critical to a successful real estate transaction.

ParametersDescription
1. InquireWhen choosing a real estate broker or agent, inquire about their knowledge of the local market and your property type.
2. Marketing strategyQuestion the marketing strategy, methods of communication, references, and connections a broker has with other real estate professionals before making a decision.
3. Full-time ProfessionalMake certain to hire a professional who is available on a full-time basis.
4. GuidanceIdeally, a realtor will be able to guide you through the process of searching for and purchasing a house.
5. Local RealtorLocal realtors who work for themselves should not be dismissed. When compared to a larger real estate company, they may have more intimate knowledge of a community.

In addition to this, there are several other factors to consider when hiring a real estate company or an agent.

Readily Available Agents or Brokerage: While there are competent part-time agents who sell properties, you must hire someone who can show your home at a time that is convenient for you.

Offer Suggestions: Pools, screened-in porches, and other desirable features are known to attract buyers to the area. They will advise on which rooms or features to emphasize or de-emphasize.

Similarly, ask the agent if there are any improvements you could make to the house to make it more desirable. The best agents will often make these suggestions and complete them on priority.

Local Expert: Hire or retain a local expert. These agents will also be aware of the typical selling and listing prices in the area.

Other than that, ask a local brokerage or your friends and family if they know anyone who has sold many homes or businesses there. Also, look through local real estate publications to see which agents have the most listings.

» More: Top Real Estate Agents in Virginia

2. For Home Buyers

In contrast, an inexperienced agent may make things more difficult for you (and your wallet) than they need to be during the home buying process.

There is a specific set of abilities that distinguishes the best real estate agents from the rest when it comes to buying a house. Is there a list of these abilities? Let’s find out

Point to RememberDescription
1. Good Communication Buying a home is just as much a team effort as it is a one-on-one effort between the buyer and the agent, and the buyer's agent and the selling agent. Don't forget to look for an agent who is a good communicator and can answer all of your questions about the home-buying process.
2. Reliable Experience When interviewing real estate agents, be sure to not only inquire about the length of time they have been in the business of buying and selling homes, but also inquire about their specific experience.
3. Strong Local Market Knowledge Each market is unique. In order to navigate the nuances of your local market, you'll need a real estate agent who is familiar with local market trends and patterns. Asking about local market knowledge is a good start. Ask about the basics, like average time on the market for new listings and average sale prices, but also about any local market trends that you should know about. and the time it takes for their clients to find and close on a new home. Choose a real estate agent who has a track record of quickly placing buyers in homes (and getting them a great deal, too).
4. Positive Reviews Online reviews are a great resource when choosing a realtor. Read as many reviews as you can before choosing a real estate agent, and look for past clients who have only positive things to say about their experiences. It's important to distinguish between complaints about the realtor and the stress of buying a home.
5. Personal Rapport Ultimately, you want a realtor you like. You'll be spending a lot of time together, so choose someone you enjoy being around and who truly understands your needs. If you get bad vibes, trust your gut and find someone else.

» More: Best REALTORS in Virginia You NEED to Know

3. For Real Estate Professionals

There are certain points you need to keep in mind while choosing the right real estate brokerage

1. Commission Split:

Most realtors work on commission. They don’t get paid unless they sell.

When they sell, they have to split the profits with their broker. Brokers charge various commissions. (Some brokers do offer salaried positions, but they are rare).

While company culture, resources, market share, reputation, and support will all be important, you should choose a brokerage that offers you a commission split you can live with.

For Example: Let’s say you sell a $300,000 home, and the average commission in your area is 6%. And this 6% is split between the buyer and seller’s agents. Now you’re down to 3%, or $9,000. A 60/40 commission split means you get 60% of $9,000, or $5,400. Of course, this commission is pre-tax.

What’s a good commission split?

Commission split depends on your industry, your market, the broker’s support and resources, and more. Also, understand the split and how you can increase your percentage over time. Remember that some brokerages now offer real estate agents a salary and benefits package, so you may want to shop around if this approach appeals to you.

Here is an example of a commission split for 2 companies:

1. Keller Williams70 / 30
2. Coldwell Banker Real Estate50/50, 60/40, 70/30 (capping system)

2. Brokerage Culture

Before choosing a real estate broker, consider your work environment. How much coworker support do I need? Like other businesses, real estate brokerages develop a culture that guides their operations.

Are you looking for a family-oriented, small-town brokerage? Or do you prefer a big-box franchise brokerage that leaves you to your own devices? Is it a weekly get-together or a company caravan? The best way to learn about a company’s culture is to talk to employees or attend company events.

3. Reputation of the Company

Begin your research by performing a buyer-like Google search as you want a brokerage with a solid market presence and a good reputation as you can rely on them to find leads if they have a large market share.

The brokerage’s niche is also vital and with the right match, you can triple your income. In addition to this, your ideal niche will likely be a mix of your interests, lifestyle, and local opportunities.

4. A Franchise or Independent Brokerage

When choosing a real estate broker, consider whether you want to work for a franchise or an independent brokerage. Famous brokerages like RE/MAX and Keller Williams have offices nationwide.

A family-owned brokerage may have served a community for generations. However, franchises typically provide more support and training to their agents than independent firms.

Independent firms are usually small to medium-sized and based locally. Working for an independent broker gives you more freedom to run your business as you wish.

5. Receive Offer Support

For example, some brokerages provide extensive mentoring and free advertising. While some other brokerages are merely stopgaps while you build your own business. Although you may attend an occasional sales training class or monthly brokerage meeting, you are on your own.

There are many variations between the two extremes, and it comes down to personal preference.

Best Real Estate Companies to Work for in Virginia

real estate company employs licensed real estate agents who represent local buyers and sellers. Let’s discuss the 3 best real estate companies to work for in Virginia based on commissions, fees, training, brand recognition, and marketing efforts.

1. Keller WilliamsAgents looking for a high commission structure as well as opportunities for continuing education
2. Coldwell Banker RealtyMarketing, lead generation, and other tools for tech-savvy agents
3. eXp RealtyA virtual brokerage where professionals can have access to a wide range of online resources and tools.

Find Top Real Estate Agents In Virginia With Houzeo

A top real estate agent has a lot of clients in their pocket. Working with the largest or the biggest real estate company has its disadvantage. Often people have these two questions: Real estate offices near me and how to find a good real estate broker?

Many times it may be one of the biggest real estate companies near you, but the REALTOR’S experience might not be enough. As we know, agent- experience may not be the same everywhere. Also, the agents may be interested, only if the deal is extremely profitable.

In this case, a top-rated real estate agent is invaluable in helping you reach your goals, whether you’re buying or selling a house for the first time or the fifth.

With Houzeo, instead of paying the average listing rate of around 3%, you’ll only pay a flat fee. This will not only save you thousands of dollars but also give you a great buying-selling experience.

Price ComparisonHouzeoOther Real Estate Companies
Listing Agent Commission / Fee$3495% – 6%
Recommended Buyer Agent Commission2.5%2.5% – 3.0%

💰 With Houzeo, you save $12,000 more on an average U.S. home >> LIST NOW! <<

▶️ Click Here: What American Home Sellers Have To Say About Houzeo?

What does Houzeo Offer? – A Quick Glimpse

💻 Houzeo’s tech-centric broker partners charge just the upfront flat fee, and no commission for all DIY plans (except in minimum service states)
👩🏻‍💻 Offers typically are routed to the brokers. Houzeo’s Offers Platform allows your broker to present the offer to you instantly
💰 Houzeo Offers Platform allows sellers to Counter an Offer and Request Highest & Best Offers Online
📱 Houzeo Showings is available both on Houzeo’s website and on the Houzeo mobile app (learn more)
🕛 Available only on weekdays up to 1 pm, and only in select MLS’. After you’ve purchased the Gold or Platinum plans, email support@houzeo.com with the subject line “Expedited Listing Request: “. Service is free for Gold and Platinum plan customers

Eager to Know How Houzeo Works?

Check out the following video for all the details about Houzeo:

What is Houzeo?

An overview of what the platform is all about

Start Your FREE Listing NOW!

Final Word

Overall, it has been interesting to see a lot of digitally-driven real estate companies open and grow much faster than the real estate brokerages offering full In-person service in the last few years! If you’re buying or selling a house, these next-generation platforms use technology to help you through the process, making it easier for you.

Technology is changing the real estate industry. When used correctly, technology can give clients more valuable information and help them in making better choices.

Frequently Asked Questions

Who are the top Realtors in Virginia?

As per 10 Best REALTORS in Virginia, Glen Cornwell is the best REALTOR in Virginia.

Who is the most successful real estate agent in Virginia?

Real estate agents are ranked based on various factors. You can refer to the 10 Top Real Estate Agents in Virginia to know more.

Related Keywords: angela minlionica avery hess, long and foster virginia, real estate companies, long and foster offices in virginia, berkshire hathaway homeservices towne realty, amy cherry taylor and associates, glen cornwell realtor, marc austin highfill, exit first realty, averyhess realtors

Real Estate Virginia

Save $20

On Silver & up plans

Use Coupon Code:

Copied
Need help? Call us on
(844) 448-0110