The home prices in Louisville, KY increased by 7.9% to reach an average price of $239,000 in August 2022. Home sellers may require the help of a REALTOR to sell their homes in such a situation. Here are our rankings of the best REALTORS in Louisville, KY who will help you sell the property for the best price without any hassle.
Reviews: Best REALTOR in Louisville, KY
1. Donna Mink
🔥 BEST OVERALL
Donna Mink
- Experience: 20+ years
- Realtor in Texas
5.0/5.0
(9 Reviews)
5.0/5.0
About: Donna Mink is one of the top REALTORS in Indiana, Kentucky, and Florida. She is known for providing Flat Fee MLS listing services and is the owner of Mink Realty. With rich experience, Donna has been a real estate agent since 2003. She also provides buyer agent and other real estate consulting services and is also affiliated with Houzeo.
Mink Realty: Mink Realty provides multiple A La Carte options: lockbox, yard sign, extra photos, marketing, contract review, and much more. The company also provides a Showing Time app through which a seller can manage showings and schedules. The company claims to list the property on the MLS within a day if all the inputs are correct. Features like showing feedback and sending offers directly to the seller adds to the strong portfolio.
For Home Sellers
- Save on High Commission: Donna Mink offers his services through Houzeo’s plans typically for a small flat fee. This will save you thousands. If your buyer is unrepresented, you save the buyer agent commission as well.
- Fast Listing: Donna Mink offers his services 100% online through Houzeo. Listing is easy and changes are fast. So you can focus on what is most important – your sale.
- Closing Costs Calculator for Sellers: Home sellers can gauge the estimated closing costs to know how much they can save by listing with Donna Mink.
For Home Buyers
- Buyer Search Feature: Buyers can contact you directly on Houzeo.com instead of going through a real estate agent.
- Make an Offer: A home buyer can submit an offer using Houzeo.com if the property is listed on Houzeo through Donna Mink.
- Closing Costs Calculator for Buyers: Home buyers can use the closing cost calculator to know the approximate closing fees they need to pay at the close.
Our Take: We believe that Donna Mink is the best realtor because she provides Flat Fee MLS services at reasonable rates. There are 3 packages that the customers can choose from along with A LA Carte items as well.
- Member of GNIAR, MIBOR, and Indiana Regional MLS-IN
- High volume of listings based on Flat Fee MLS
- 5-star reviews on Houzeo
Donna Mink has a rating of 5 out of 5 on Houzeo.
Donna caters following MLS’ in Indiana:
- Greater Northwest Indiana Association of REALTORS (GNIAR) MLS-IN
- Indiana Regional MLS-IN
- Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN
What are REALTOR Agents?
REALTOR Agents are real estate professionals adhering to the code of ethics laid down by the National Association of REALTORS (NAR), America’s largest real estate association.
For becoming a licensed member of the NAR, a real estate agent or broker has to be a certified member of a local REALTOR association and complete their NAR Code of Ethics training.
The designation of REALTORS in Louisville, KY is open to a variety of professionals like commercial brokers, agents, appraisers, property managers, and counselors working in the real estate sector.
» NAR Code of Ethics: A Comprehensive Guide.
What is the Average REALTOR Commission in Louisville, KY?
The average REALTOR commission in Louisville is typically between 5% and 6%. However, this fee is negotiable and varies from sale to sale depending on the region and the firm REALTORS work for.
🔎 Average Real Estate Agent Commission: Know what is the average real estate commission in the US!
💸 Want To Save On The REALTOR® Commission?
We have got you covered. Sell your house with Houzeo.com for a small flat fee – as less as $349!
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Real Estate Agent vs. Real Estate Broker vs. REALTORS
| Sr. No. | Defining Features | Real Estate Agent | Real Estate Broker | REALTOR® |
|---|---|---|---|---|
| 1. | Explanation | A real estate professional possessing the license to assist people in buying, selling, or renting real estate. | A real estate professional having in-depth knowledge of the field, who has obtained a license after completing additional coursework beyond the agent level. | Real estate agents or real estate brokers can become realtors by becoming members of the NAR. They follow the NAR Code of Ethics and are held to a higher standard than real estate agents and brokers. |
| 2. | Training | No additional training is required except the completion of the prelicensing coursework | Required to undergo additional training pertaining to contracts, insurance, taxes, and ethics | Same as a Real Estate Agent and/or Broker |
| 3. | Eligibility | Required to pass the pre-licensing exam to obtain an agent’s license | Required to have some experience working as an agent and obtain a broker’s license after completing additional coursework | Same as a Real Estate Agent and/or Broker |
| 4. | Mode of Operation | Real estate agents are required to work for a broker or a brokerage. | Brokers can either start their brokerage or work independently as agents. | Same as a Real Estate Agent and/or Broker |
| 5. | Responsibility | Seller agents are required to help the seller price the property, host open houses, be present during the inspection, provide contract assistance, etc. | Brokers are required to oversee other agents working for them and hold other roles depending on whether they are a Principal Broker, Managing Broker, or Associate Broker. | Same as a Real Estate Agent and/or Broker |
How to Find REALTORS in Louisville, KY
Home sellers can find the right REALTORS in Louisville, KY with proper research. If you wish to sell a single-family home or a condo, it is essential to find a REALTOR specializing in that sale.
We have listed the process for finding a Louisville REALTOR who will help you in your real estate journey.
How to Find REALTORS in Louisville
- Look for real estate agents or brokers who are members of the NAR.
- Verify whether they provide cutting-edge tech.
- Check their customer reviews.
- Find out whether they offer optional online paperwork.
- Interview Realtors and convey your requirement.
- Compare the Realtors based on commission percentage and services provided.
- Finalize the one that best understands your real estate goals.
» Best REALTORS: Check out our rankings of the top REALTORS across the country
Alternatives to Top REALTORS in Louisville, KY
If saving money is the main goal you should consider the following:
1. Sell with Flat Fee MLS Companies
With Flat Fee MLS companies, you can save thousands of dollars in commissions and take advantage of their technology to sell your house fast in the US. These companies will list your property on your local MLS for a flat fee of a few hundred dollars.
They also offer a range of other services like showing management, offer management, and digital transaction management. These companies are the cheapest way to get your house on the MLS and maximize your profits.
We’ve compiled a list of the best Flat Fee MLS listing services near you:
2. Sell with Discount Brokers
Discount Brokers are licensed individuals or companies that help you sell your home at a low commission or flat rate. Most discount realtors charge a single fee for the entire sale.
These Flat Fee Realtors have the tools to provide excellent exposure to home sellers. They offer social media exposure, a personalized website, and other features despite offering their services at a lower rate than traditional real estate brokers.
Here are our top recommendations:
| Discount Brokers | Fees |
| Redfin | 1.5% of the sale price |
| Ideal Agent | 2% of the sale price |
| Houwzer | $5000 Flat Fee |
| HomeLight | 2.5% of the sale price |
⚡ Discount Real Estate Brokers: Check out detailed reviews of top discount real estate brokers near you.
3. Sell “For Sale By Owner”
77% of the FSBO sellers sold their houses in 2 weeks. Advanced FSBO websites like Houzeo help you sell your home fast and make a successful sale.
The best part about selling a house by owner is the freedom to make decisions about your home sale without a Realtor. Since there is no listing agent involved, you end up saving thousands of dollars on the seller agent commission which would have been impossible otherwise.
⚡ Sell Your Home Fast As FSBO: Check out our tips for selling your home like a pro with FSBO
Selling with a REALTOR vs. FSBO vs. Flat Fee MLS
4. Sell to “We Buy Houses for Cash” Companies
When selling a home fast for cash, you can skip on repairs to reduce your expenses. Selling your house as-is will save you money and time. Home sellers get 50% – 70% of the property’s market value for their houses, whether it’s a distressed property or not.
Lesser paperwork and inspections when selling their houses to cash companies speed up the closing process significantly.
⚡ Companies That Buy Houses for Cash: Check our rankings of the top cash companies!
5. Sell to iBuyers
iBuyers are companies that buy houses for cash. The price is decided with the help of their proprietary algorithm, recent real estate data, and in-house experts. An iBuyer offers and closes the deal within 24 hours. However, there are certain pitfalls when dealing with an iBuyer.
- The offer price is sometimes way lower than the actual market price
- Their offer price is generally non-negotiable
- Charge steep service fees – generally 5%-14% of the sale price
Hence, iBuyers are only recommended if you want a quick sale rather than to save your money.
⚡ iBuyer Reviews: See who’s No.1 in America!
Final Word
Having a good REALTOR® when selling a house can make the process cakewalk. Their guidance can help you get the best price for your property in the most hassle-free manner.
However, with the average REALTOR commission being 6% across the nation – split 50-50 between the listing and the buyer agent, your profits on the sale are substantially reduced. Additionally, seller closing costs will eat away at your profits.
Although there is no escaping the closing costs, opting for Flat Fee Realtor, empowered by Houzeo, can help you save 3% listing agent commission.
Frequently Asked Questions about REALTORS in Louisville, KY
How much do Realtors make in Kentucky?
The average Realtor salary in Kentucky is $77,348 as of October 27, 2022, but the range typically falls between $65,993 and $91,687.
What are the real estate commission rates in Kentucky?
The average commission rate for listing agents is 2.72% of the final home price and 2.72% for buyer's agents, for a total of 5.44%.
How is the current real estate market in Kentuckty?
In October 2022, home prices in Kentucky were up 7.5% compared to last year, selling for a median price of $243,200. On average, the number of homes sold was down 17.4% year over year and there were 3,845 homes sold in October this year, down 4,645 homes sold in October last year.
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Also Read
- Selling a House As Is in Kentucky: Selling your house involves various steps like pricing, marketing, negotiating, paperwork, etc. Check out our comprehensive guide for selling your house as is in Kentucky
- How to Sell a House By Owner in Kentucky: Home sellers who wish to sell their homes should know these things before they start. Read to know what steps to take.
- Companies That Buy Houses for Cash in Kentucky: If you wish to sell your house fast in Kentucky, then opt for cash home buyers. Check out the best ones who can help you!
- Real Estate Companies in Kentucky: Good real estate companies provide modern solutions to the modern home seller. Click to know what they do!
- Real Estate Websites in Kentucky: Top real estate websites use advanced technology to increase efficiency and reduce the time required for a real estate transaction. Check out the best near you!
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