✍️ Editor’s Note: REALTORS® are real estate agents or brokers associated with National Association of REALTORS®. As of March 2022, there are 1.5 million REALTORS® in the US. Houzeo’s technology has enabled REALTORS to help sellers list $3.5 BILLION worth of properties on Houzeo.com in 2021.
» SAVE: Start your FREE listing NOW!
Home prices are up by 19.2% over a year in April 2022, and the market of real-estate in the state is hot. Amidst this, the buyers and sellers must be active to complete their real estate transaction as soon as possible.
We have listed the top realtors in Rhode Island you must know. They can help you sell your house fast and ease your real estate. process.
At a Glance: Top REALTOR In Rhode Island
Top Georgia REALTORS | Best For | More Than 10 Years of Experience | More Than 100 listings in the last 12 months | 5 Star Ratings |
---|---|---|---|---|
Glen Cornwell, Houzeo.com | ✔️ Sellers looking for maximum savings ✔️ Sellers looking for Stellar Customer Reviews ✔️ Sellers looking for Fast Listing Changes ✔️ Sellers looking for Cutting-edge Technology | ✅ | ✅ | ✅ |
Kendall Butler, F.L.I. Properties | ✔️ Customers dealing in the local market | ✅ | ❌ | ❌ |
Tiffiney Graham, Keller Williams Realty River Cities | ✔️ Sellers/Buyers looking for an investment | ✅ | ✅ | ✅ |
Tonya Jones, Berkshire Hathaway Homeservices Georgia Properties | ✔️ Customers looking for a renowned realtor | ✅ | ❌ | ✅ |
Bubba Hunt, RE/MAX Eagle Creek Realty | ✔️ Customers interested in residential/commercial/investment properties | ❌ | ✅ | ✅ |
Facts About Rhode Island Real Estate Market
Before you choose your REALTOR® to sell a house in Rhode Island, you should get updated about the nitty-gritty of the Rhode Island Real Estate Market.
Number of homes for sale | 65,974 (on average)[1] |
Median home price | $364,800[2] |
% of homes sold through REALTORS® | 90%[3] |
Average REALTOR commission in Rhode Island | 5-6% |
% of homes sold FSBO | 7%[3] |
[1] As of May 2022
[2] April 2022
[3] According to NAR Highlights From the Profile of Home Buyers and Sellers
Reviews: Top REALTOR In Rhode Island
Jason Sapphire
BEST FLAT FEE REALTOR
Jason Saphire
Jason Saphire, the founder of Entry Only offers 2 flat fee MLS packages and a full-service package.
- Basic – $399: This package offers a 6-month MLS listing term with 20 photos on the MLS. You also get transaction coordination, flyers, buyer lead forwarding, and a yard sign.
- Enhanced – $699: You get all the services of the Basic package + contract review assistance.
- Premium – $999: This is a full-service package. It includes all services of the Enhanced package + negotiations before/after inspections and closing assistance.
Coverage in 6 States: Entry Only is licensed to offer services in Connecticut, Massachusetts, New Hampshire, Maine, Rhode Island, and Vermont.
Listing Upgrades: Here is a summary of add-on services offered by Entry Only.
- Upload additional photos: $100
- 12-month initial listing: $100
- Expedited same-day MLS entry: $100
- 2nd MLS system/category: $100
- Customizable yard sign: $20 (Upto $100)
- Owner verification service: $50
- Comparative Market Analysis: $50
- Combination lock box: $40
- Personalized domain name: $20
- Realtor.com weekly report: $10
👉 Our Take: We recommend Jason Saphire for his responsiveness and process expertise.
» List with Jason: Check out the services offered by Jason via Houzeo.com.
Here are some key benefits of listing with Entry Only:
- Buyer Lead Forwarding: All email inquiries will be forwarded to you. In addition to this, Entry Only has a 24/7 receptionist service to redirect buyers and agents to you.
- Closing Assistance: Entry Only strives to make the closing process smoother by coordinating with buyer agents, lenders, appraisers, inspectors, attorneys, and title companies.
- 2x Money Back Guarantee: If you are unable to sell your house through Entry Only, it offers a referral to a local traditional broker in your area. In addition to this, it provides a rebate of twice your listing fee (up to $999).
In our research, we found no red flags with Entry Only. Jason Saphire is a reputable broker with more than 20 years of experience in the field.
Entry Only offers a significant number of listing upgrades. However, the ones that may boost the sale of your house, like a higher number of photographs, expedited MLS entry, and secondary MLS listing, are steeply-priced. So, we recommend you budget for these when choosing to list with Entry Only.
Entry Only has 4.8 out of 5 stars from 345 total reviews on Trustpilot.
» Entry Only Reviews: Check out the customer reviews of Entry Only.
Introducing the Houzeo Mobile App!
- View your listing
- Review and compare offers
- Manage your showings online
- Counter an offer
- NEW! Buyers can now search your property and save it in “Favorites”
What are Realtor Agent?
REALTORS® are real estate professionals adhering to the Code of Ethics laid down by the National Association of REALTOR® (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 a REALTOR is open to various professionals like commercial brokers, agents, appraisers, property managers, counselors, and working in the real estate sector.
» NAR Code of Ethics: A Comprehensive Guide.
What is the Average Realtor Commission in Rhode Island?
The average Realtor commission in Rhode Island 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.
🔎 Real Estate Agent Commission Rhode Island: Know what is the average real estate commission in Rhode Island!
💸 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!
START YOUR MLS LISTING NOW
REALTOR vs. Real Estate Agent vs. Real Estate Broker
Sr. No. | Key Features | Real Estate Agent | Real Estate Broker | REALTOR® |
---|---|---|---|---|
1. | Defining Factor | A real estate professional possessing the license to assist people in buying, selling, or renting real estate. | Brokers are agents with experience and a license, allowed after completing additional coursework. | REALTOR are agents or brokers that are members of NAR, who follow NAR’s code of ethics. |
2. | Training | No additional training required except the completion of the pre-licensing coursework | Required to undergo additional training pertaining to contracts, insurance, taxes, and ethics | Same as a Real Estate Agent and/or Broker |
4. | Mode of Operation | They are required to work for a broker or a brokerage. | They can either start their own brokerage or work independently as agents. | Same as a Real Estate Agent and/or Broker |
5. | Responsibility | Determining the price of the property, host open houses, suggest and overlook home inspections and appraisals, provide contract assistance, etc. | Supervise other agents working for them, and responsible for several other duties based on their designation. | Same as a Real Estate Agent and/or Broker |
How to Find a REALTOR in Rhode Island?
Home sellers can find the right REALTOR in Rhode Island 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 Rhode Island Realtor who will help you in your real estate journey.
How to Find Realtors in Rhode Island
- Look for Rhode Island 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: Here are the top REALTORS in the US you should know!
Can You List Your Home on the MLS Without a REALTOR?
No. Only licensed real estate agents have access to the MLS. There is no way to list on the MLS without an agent.
You can just opt for a Flat Fee MLS listing service. With a Flat-Fee MLS listing, you pay a small fee instead of a full listing agent commission. A Flat Fee MLS listing is the fastest way to get listed on the MLS and hit the market.
With high-tech services like Houzeo real estate, you can get listed faster than a traditional full-service Realtor. And save thousands!
» How to Get Access to MLS: Here’s how to list on MLS without a REALTOR!
Alternatives to Top Realtors in Rhode Island
If saving money is the main goal you should consider the following:
1. Sell with Flat Fee MLS Companies
With Flat Fee MLS companies like Houzeo real estate, you can not only save thousands of dollars in commissions but also take advantage of their technology to sell your house fast in the US. These companies will help you list on MLS for a flat fee of a few hundred dollars.
They also offer various 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.
However, if you sell your home through a typical real estate company in Rhode Island, you have to pay high high commission fees.
» Best Flat Fee MLS Company in Rhode Island: Check our rankings.
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 a home in Rhode Island at a low commission or flat rate. Most discount realtors charge a single fee for the entire sale. Whereas, a low commission realtor charges real estate commission less than 3%.
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 in RI.
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 Rhode Island: 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 for sale by owner sites like Houzeo help you sell your home fast and make a successful sale.
The best part about selling a house in Rhode Island FSBO 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.
⚡How to Sell a House by Owner in Rhode Island: 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 repairs to reduce your expenses. Selling a home as is in Rhode Island 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.
⚡ Cash Buyer for Homes in Rhode Island: Check our rankings of the top cash companies in Rhode Island!
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
Good REALTORS in Rhode Island can make selling a house a 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, closing costs for seller in Rhode Island 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.
💸 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!
START YOUR MLS LISTING NOW
Check out this Houzeo review and how it has helped customers around the US.
Frequently Asked Questions
How to become a REALTOR in Rhode Island?
The only way to become a REALTOR is by getting a NAR membership. To become a REALTOR in Rhode Island, you need to follow the following steps:
(1) Make sure you have a Rhode Island real estate license
(2) Be associated with a brokerage firm that is a NAR member
(3) Contact your local NAR Association in Rhode Island
(4) Apply and pay the required NAR membership fee
(5) Pay the prorated NAR dues
Who pays the REALTOR fees in Rhode Island?
The SELLER has to pay the REALTOR fees in Rhode Island.
How to sell a house without a realtor in Rhode Island?
For Sale By Owner (FSBO) is a viable option for experienced home sellers who are willing to put in the time and effort, and want to sell without a REALTOR.
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Also Read
- Sell my House for Cash: Know how to sell your house fast and for the most cash.
- Best Time of Year to Sell a House in Rhode Island: Know when to put your Rhode Island home on sale.
- Rhode Island Real Estate Seller Disclosure Laws: Learn how to ace your disclosure process.
- Real Estate Photography in Rhode Island: Make your listing stand out with the best photos.
- How Much are Closing Costs for Seller in Rhode Island: Be prepared for the closing.
- Best Real Estate Websites Rhode Island: Check out the rankings of the best real estate websites in Rhode Island.
Recommended for Buyers
- Home Buying Process in Rhode Island: An in depth guide.
- RI Title Insurance Premium: Get to know everything about title insurance in Rhode Island.
- Rhode Island Home Inspector: Check our rankings of the best home inspectors in Rhode Island.
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- Best Mortgage Lenders in Rhode Island: Check our rankings of the best mortgage lenders in Rhode Island.
- How to Start Flipping Houses in Rhode Island: Know everything about house flipping in Rhode Island.