As per Zillow, the home value in the state of Indiana stands at $218,636. According to the statistics, the home values in Indiana have increased by 17.4% in the last one year (Apr 2021 – Mar 2022). Considering the values, Indiana is one of the most affordable states as far as real estate is concerned.
Though the numbers depict that there has been a decrease in home sales in the state, 30%-50% of homes were sold above the actual list price in the last one year. Thus, the real estate market is decent in the state of Indiana. Ultimately, this requires help from real estate brokers and brokerages to manage the real estate transaction.
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👁️🗨️ Sneak Peek: Indiana Top Real Estate Brokers
Here’s a list of our handpicked and top real estate brokers from the state of Indiana that will help you achieve your real estate needs:
| Real Estate Broker Indiana | Specializes in | 100% Online | Experience (In Years) | Customer Ratings | Listing Fees |
|---|---|---|---|---|---|
| 1. Donna Mink, Mink Realty | Flat Fee MLS, Full Broker Services | ✅ | 20 | 5/5 (12 reviews) | $349 Flat Fee |
| 2. Cara Conde, F.C. Tucker Company | Marketing strategy | ❌ | 20 | 5/5 (6 reviews) | 3% or more of home's sales price |
| 3. Dennis Nottingham, RE/MAX Advanced Realty | Listing and Buyer services | ❌ | 21 | 5/5 (495 reviews) | 3% or more of home's sales price |
What is a Real Estate Broker and a Real Estate Agent?
Real Estate Brokers and Real Estate Agents are often used interchangeably in today’s real estate market. Digging deeper, this is not the case. Here’s a summary table highlighting the differences between the two:
| Real Estate Agents | Real Estate Brokers |
|---|---|
| Have basic real estate license | Have advanced real estate broker license |
| They have limited expertize related to real estate transactions. Helping in offers and counter offers, completing paperwork, etc. are some of the features their job requires. | Real Estate Brokers have additional expertize compared to a real estate agent involving – drafting purchase agreements, contract review, escrow arrangements, etc. |
| Real Estate Agents are not licensed to start their own brokerage | Brokers can start their own brokerage when compared with the real estate agents |
- 💡 FACT: Real estate agents need to work with a real estate broker to gain required experience to become a broker. They usually don’t work independently. When a real estate agent passes the broker license exam, they become a licensed real estate broker.
» SAVE: There is another term used frequently in the real estate industry apart from real estate agents and real estate brokers i.e. Realtors. A Realtor is a real estate broker or agent who is a member of the National Association of Realtors (NAR) and strictly follows NAR’s code of Ethics.
Indiana Real Estate Broker Commission
The average real estate commission in Indiana is typically 5%-6% of the sales price. According to some sources, the overall real estate commission can vary between 5%-7% in the state.
The commission is mostly split evenly (50-50) between the seller (listing) and the buyer agent. The following breakdown is applicable when a real estate agent works for a broker/brokerage:
| Total Listing Commission | Listing Agent Commission | Listing Broker Commission |
| 3% | 1.5% | 1.5% |
| Total Buying Commission | Buyer’s Agent Commission | Buyer’s Broker Commission |
| 3% | 1.5% | 1.5% |
» NOTE: Different brokerages have different split percentage criteria.
» MORE: Will real estate commissions keep falling sharply in 2024?
💲 Save 3% Listing Fee by Selling as FSBO
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🏆 Reviews: Top Real Estate Brokers in Indiana
1. Donna Mink, Mink Realty | Houzeo
🔥 BEST OVERALL
Donna Mink
- Best Flat Fee MLS Realtor in Indiana
- Realtor in Texas
5.0/5.0
(12 Reviews)
5.0/5.0
👨⚖️ About: Donna Mink is one of the top real estate brokers 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 helping clients since 2003. She also provides buyer agent and other real estate consulting services.
✅ Customer Service: Donna deals in Flat Fee MLS services at reasonable rates. Her real estate brokerage provides services in Indiana, Kentucky, and Florida. There are 3 packages that the customers can choose from along with A LA Carte items as well. With so many features, Donna is a great choice for a real estate broker in Indiana.
🤝 Affiliations: Donna Mink is the owner of Mink Realty and is also affiliated with Houzeo.
Mink Realty
Mink Realty, founded in 2010, works like any other Flat Fee MLS service provider. You can opt from 3 different packages priced at $299, $499, and $999. With even the basic package, you can list your property on local MLS, Zillow, Trulia, and Realtor.com giving the property a wide exposure.
Mink Realty also 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 add to the strong portfolio.
Houzeo.com
Empowered by Houzeo, Donna provides a multitude of services related to Flat Fee MLS. With Houzeo’s cutting-edge technology, she can help you save thousands of dollars in commission. Your property will get maximum exposure with Houzeo’s nifty social media sharing tools.
Through Houzeo’s Flat Fee MLS platform, Donna can help you –
💰 Save Thousands on Commission: Houzeo’s plans are typically a small flat fee. This will save you thousands. If your buyer is unrepresented, you save the buyer agent commission as well.
📣 Gain Maximum Exposure: Listings get syndicated to the MLS, Zillow, Realtor.com, Redfin, Trulia, and hundreds of other websites. Houzeo also has nifty social media sharing tools. No other platform gives you this much exposure.
📱 Cutting-edge Technology: Houzeo is the most powerful real estate website. Its advanced features include:
- IntelliList Listing Management System: Lets you manage your listing 100% online.
- Houzeo Showings: Manage showing appointments online.
- Houzeo Offers: All offers are summarized online. You can view and compare offers, or counter an offer. In a multiple-offer situation, you can also call for the highest and best offers.
- Buyer Search: Buyers can contact you directly on Houzeo.com instead of going through a real estate agent.
- Houzeo Settlement Agent Platform: Guides you to your closing.
- 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
- 💡 FACT: You don’t need to be a real estate broker to access Houzeo technology, and can list on the MLS within 8 business hours. Get started here to sell FSBO with Houzeo!
2. Cara Conde, F.C. Tucker Company
📈 BEST FOR MARKETING STRATEGY
Cara Conde
- One of the top brokers for real estate marketing strategy in Indiana
- Realtor in Texas
- 5.0/5.0
(6 Reviews)
👨⚖️ About: Cara Conde is a known name in real estate in the state of Indiana. She is a Realtor/Broker who works with F.C. Tucker company and caters to many regions in Indiana, especially Indianapolis. Cara uses modern technology and advanced skills to fulfill the needs of sellers and buyers. Cara Conde owns a website from where you can get in touch with her and use her services.
✅ Customer Service: With a brilliant thought process, Cara understands the pain areas of the clients and helps them achieve their goals. Talk about technology, listing and buying services, and analytics, Cara has all the weapons in her arsenal.
🤝 Affiliations: Cara Conde is affiliated with F.C. Tucker company.
F.C Tucker
F.C. Tucker is over 100 years old and was established in 1918. It is one of the top independent real estate brokerages in the state of Indiana. The company is also part of the Leading Real Estate companies in the world. Just like other brokerages, F.C. Tucker provides real estate services like selling and buying, relocation services, title services, home services, and much more. The company claims that it has annual traffic of over 3 million.
F.C. Tucker focusses on cutting-edge technology to help customers in their real estate needs. They have an automated system that makes the job of agents and customers easier.
👉 Want to save on REALTOR commission? Here are 11 best FSBO websites you can choose from in 2023
- Certified Luxury Home Marketing Specialist
- Certified Negotiation Specialist
- Top Agent Award winner in 2021 as part of F.C. Tucker
Cara Conde has a rating of 5 out of 5 on Zillow.
Cara caters neighborhoods like Indianapolis, Carmel, Zionsville, Fishers, Geist, Westfield, Noblesville, and Brownsburg in the state of Indiana.
💲 You Don’t Need A Fancy Luxury Broker
You can sell your home yourself with Houzeo technology!
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3. Dennis Nottingham, RE/MAX Advanced Realty
👱 BEST FOR SELLING AGENT
Dennis Nottingham
- Known for listing and buyer services in the state of Indiana
- Realtor in Texas
- 5.0/5.0
(495 Reviews)
👨⚖️ About: Dennis Nottingham is a broker and CEO of The Indy Home Pros Team as part of RE/MAX Advanced Realty. His team has been awarded #1 selling team in RE/MAX for a number of years and for the last 8 years continuously. Dennis has been regarded as #1 Team Leader in Indiana with great selling and management skills. With over 20 years of experience, you can rest assured of great service.
✅ Customer Service: Dennis and The Indy Home Pros Team have been serving clients for a substantial number of years. With advanced technology, the team is able to cater to clients with the best system in place. Dennis manages over 50 agents and his due diligence has made a difference in how his team works and identifying what’s best for buyers and sellers.
🤝 Affiliations: Dennis Nottingham is affiliated with RE/MAX Advanced Realty.
RE/MAX Advanced Realty
RE/MAX Advanced Realty is regarded as one of the top real estate brokerages in the state of Indiana. The brokerage delivered over 1300 transactions in 2021 which shows its popularity. With Dennis Nottingham as the CEO, the brokerage has introduced advanced tools, social media handles, and techniques that ease the real estate process for both clients and agents.
RE/MAX Advanced Realty (or The Indy Home Pros Team) works like any other brokerage having both the selling and buying options. It handles all the basic requirements including managing showings, taking care of the mortgage, negotiations, and much more.
Dennis Nottingham and The Indy Home Pros Team have a great achievements portfolio
- Dennis is regarded as one one of top Relator/broker in Indiana
- The Indy Home Pros Team has been recognized as #1 team in Indiana with over 8,000 total sales
- Dennis has been recognized as one of the top leaders by Wall Street Journal
- RE/MAX identified Dennis and his team as #1 sales team in Indiana
Dennis Nottingham and The Indy Home Pros has a rating of 5 out of 5 on Zillow.
Dennis Nottingham and The Indy Home Pros Team caters Indianapolis and a few surrounding communities.
💲 You Don’t Really Need A Real Estate Broker
You can sell your home yourself with Houzeo technology!
START YOUR MLS LISTING NOW
Difference between a Broker, REALTOR®, and Real Estate Agent
| 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 |
- 💡 FACT: Anyone who is a member of the NAR is licensed to use the REALTOR® trademark as part of their name.
Taking the help of a local real estate broker could be beneficial when you are selling a house in Indiana for the first time. This is due to the fact that a local agent would be aware of real estate pointers like the neighborhood, prices, and other important factors.
There are usually 3 options in the selling process i.e. using the help of a real estate broker, going FSBO, or using a Flat Fee MLS service. Selling a house with the help of a real estate broker may cost you around 6% as commission fee which is reasonably high. Next, selling a house by owner in Indiana will require your full involvement, taking care of every aspect of the transaction.
The last method is using Flat Fee MLS services like Houzeo which is 100% online and makes most of the processes digitized. The platform takes care of many features like listing your house on MLS and other free websites to list for sale by owner, managing home showings, and counteroffers for a flat fee.
» Staging your Home: Check out what is home staging and how is it useful for you
Types of Licensed Real Estate Brokers in Indiana
| Types of Brokers | Description |
|---|---|
| 1. Flat Fee MLS Brokers | A flat fee MLS broker has an upfront fee of $199-$999. They list your property on the MLS and provide customizable services on an ala carte basis. » MORE: Find Flat Fee MLS Brokers in America |
| 2. Flat Rate or Discount Brokers | A flat rate or discount broker offers all the services of a traditional broker for a discounted flat rate. This can range anywhere between $2000 to $8000. » MORE: Best Discount Real Estate Brokers in America |
| 3. Low Commission Brokers | A low commission broker charges a lower commission than a traditional broker. Even if the buyer agent commission remains standard, their listing broker commission ranges between 0.5% - 1.5% of the selling price. » MORE: Low Commission Brokers in America |
| 4. Virtual Full-Service Brokers | Virtual full service brokers provide all services from listing, documentation, negotiation, showings, to closing 100% online. They may have a set upfront fee or a commission. » MORE: Fine Your Virtual Full Service Partner Brokers |
| 5. Traditional In-person Brokers | A traditional in-person broker is a real estate professional that provides all services for the buyer and seller for a commission of 3%-6%. Luxury real estate brokers may charge more than 6%. » MORE: Know About How to get Preapproved for a Mortgage |
How to Find The Top Real Estate Broker Among Multiple Brokers in Indiana?
It is not easy to find the top real estate broker that can cater to your selling and buying needs. Whether it is Indiana or any other state, you will have to dig deeper into the research of a real estate broker. It should be noted that you can take advice from your friends and family, but the final decision will always be yours.
Here’s what you can do to find the right real estate broker In Indiana:
| 💻 Use Zillow or Realtor.com to find the brokers in your specific area. Check their expertize and skills before making a decision. |
| ⏲️ Consider the basics of real estate transactions and evaluate costs, time, and efforts. Post that you can visit the profile of brokers to understand if they fit the bill. |
| 👱 National brands offer nationwide coverage, but service quality may not be guaranteed in each office. You will be yet another lead in the marketing funnel while a real estate agent is assigned for your listing. Choose a local real estate broker and you could substantially save on time and effort. However, real estate commissions still remain questionable and depend on the work done by the real estate broker. |
| 💰 Flat Fee MLS listing services like Houzeo are a great way to save time. If you are going FSBO, then Houzeo could prove to be a great option for you. It is a 100% online platform that makes the comprehensive listing paperwork and other processes seamless. |
💲 Save 3% Listing Fee by Selling FSBO
Save thousands in commission by listing on the MLS with Houzeo Technology!
START YOUR MLS LISTING NOW
👁️🗨️ Sneak Peek: Top Indiana Real Estate Brokerages + Companies
| Company | Specializes in | 100% Online | Customer Ratings | Coverage |
|---|---|---|---|---|
| 1. Houzeo | Flat Fee MLS Platform, Virtual Full-Service Packages | ✅ | 4.9/5 (2,883 reviews) | Nationwide |
| 2. RE/MAX Advanced Realty | Best for Listing and Buying Services | ❌ | 4.6/5 (10 reviews) | Localized |
🏆 Reviews: Top Real Estate Brokerages and Companies in Indiana
1. Houzeo: Top Flat Fee MLS Platform
🔥 BEST OVERALL
Houzeo
- Best Flat Fee MLS and full virtual service
- 4.9/5.0
(3,191 Reviews)
4.9/5.0
🏢 About Houzeo: 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, it is considered to be the best Flat Fee MLS and FSBO provider in the US real estate market.
⚡ Package Customization: You can customize the listing packages as per your requirements and even opt for services like contract review, pricing assistance, professional photography, and more as per the requirement.
⭐ 5 Star Reviews: Houzeo has superior reviews on popular websites like Google and Trustpilot.
🏆 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.
🏡 Annual Sales Volume: $3.5 billion transactions in 2021
💰 Affordability: Houzeo is an advanced tech platform that allows home sellers to list their homes on the MLS for a small flat fee. A seller works with a listing agent who doesn’t typically charge a commission. This saves you almost 50% of the agent commissions right away.
The pricing for Flat Fee MLS services in Indiana using Houzeo varies from $349 – $459. This is much lower than the traditional 3% listing commission.
Houzeo uses cutting edge technology to offer unmatched services to their clients.
- IntelliList Listing Management System: Lets you manage your listing 100% online.
- Lightning Fast Listing & Changes: Houzeo is 100% online. Listing can happen in under 60 minutes and any MLS listing changes are updated quickly.
- Houzeo Showings: Manage showing appointments online.
- Houzeo Offers: All offers are summarized online. You can view and compare offers, or counter any offer. In a multiple-offer situation, you can also call for the highest and best offers.
- Buyer Search: Buyers can contact you directly on Houzeo.com instead of going through a real estate agent.
- Houzeo Settlement Agent Platform: Guides you in ensuring the successful closing.
- Digital Transaction Management
- Houzeo ID Secure
- Pro Directory
- Houzeo Buyer Lead Manager
- Houzeo Mobile App: All features are at your fingertips with Houzeo mobile apps for iOS and Android.
Houzeo is rated 4.9 out of 5 on Google and Trustpilot.
Houzeo is available nationwide.
2. RE/MAX Advanced Realty: Best For Listing and Buying Services
📝 Best for Listing and Buying services
RE/MAX Advanced Realty
- Known for best listing and buying agent services in the state of Indiana.
-
4.6/5.0
(10 Reviews)
🏢 About RE/MAX Advanced Realty: RE/MAX Advanced Realty is one of the top real estate brokerages in Indiana. As part of the RE/MAX franchise, RE/MAX Advanced Realty lives up to its expectations. Talking about statistics, the brokerage delivered over 1,300 sales in 2021 and has over 50 agents. The brokerage deals in both buying and selling processes. The Indy Home Pros Team, led by Dennis Nottingham, has made RE/MAX Advanced Realty the top brokerage in Indiana.
⚡ Package Customization: RE/MAX Advanced Realty has not disclosed any information about their packages on their website. You will have to fill out their form to communicate with an agent and ask about the packages offered.
⭐ 5 Star Reviews: RE/MAX has decent reviews on popular websites like Google.
🏆 Best For: Advanced real estate tools, social media handle management, marketing strategies, buying and selling process.
🏡 Annual Sales Volume: Not disclosed except 1,300 sales in 2021.
💰 Affordability: As the pricing structure is not disclosed by the company, we can’t comment on the affordability factor. But, high sales in 2021 depict that the brokerage is popular among the sellers and buyers. Though, as a seller, you will have to pay the buyer agent commission, there might be affordable packages for the sellers.
RE/MAX Advanced Realty uses advanced tech tools to aid agents and customers in the real estate transaction. They also claim to have advanced marketing and social media tools.
Note: There isn’t any concrete information on their tech stack online.
RE/MAX Advanced Realty is rated 4.6 out of 5 on Google.
RE/MAX Advanced Realty is available only in Indiana.
Alternatives to Indiana Real Estate Brokers & Brokerages
Apart from the real estate brokers and brokerages, you can take other routes as well for your real estate transaction in the state of Indiana:
| 📈 Sell FSBO with Flat Fee MLS | Going FSBO with Flat Fee MLS service in Indiana gets you on the local MLS and the listing also gets syndicated to other real estate websites like Zillow, Trulia, Redfin, Realtor.com, etc. which increases the chances of the exposure of your listing. With FSBO/Flat Fee MLS platforms like Houzeo, you can get multiple offers and also compare the highest and the best offers from potential buyers. There is an opportunity to negotiate the sale price, closing costs, etc., and save substantially in commissions by choosing a Flat Fee MLS platform or low commission real estate agent. One more way is that you can take the help of Indiana discount real estate brokers to save on commissions. » MORE: Best Flat Fee MLS Indiana |
| 📲 Take Help of iBuyers | iBuyers are instant buyers. These companies have created a level-playing field with full cash offers and technologically advanced platforms. Indiana has good options of iBuyers. The important point is that you get a reasonably fair cash offer instantly, and you can close within a matter of a few days. » MORE: Top iBuyers in 2024 |
| 🤑 Companies Buying Houses for Cash | If you are not ready to spend thousands of dollars on repairs or closing costs, then you can choose “we buy houses for cash” companies. These companies help sell your house fast for cash, but they’ll pay pretty less i.e. 30% to 70% of your home’s market value. » MORE: Indiana Cash Buyers |
💲 You Know Your Home Better Than Any Real Estate Broker
Trust your gut, and sell your home yourself with Houzeo technology!
START YOUR MLS LISTING NOW
Indiana Real Estate Brokers & Brokerages: Is 3% Listing Fee Worth It?
While the mentioned top real estate brokers and brokerages in Indiana can help ease out the real estate transactions, the Flat Fee MLS catering companies like Houzeo can make a lot of difference when it comes to shelling out money in the form of commissions. With a Flat Fee MLS company like Houzeo, you can list your house by owner in Indiana at a small flat rate. This means that you don’t have to spend a high 3% commission rate.
The comprehensive paperwork that comes with listing a house has been intuitively digitized on Houzeo, and you can finish all listing formalities in under is 1-2 hours max.
» Pro Tip: If you feel lost or need additional assistance during the process, you can check with our 5-Star Customer Support team.
Find Your New Home in Indiana With Houzeo
With thousands of property listings, Houzeo.com is one of the biggest property listing sites in the US. Find condos, townhouses, co-ops, and other types of homes for sale in Indiana on Houzeo.
Find Your Dream Home 🏡
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Find Your Dream Home 🏡
View 17,097 Homes For Sale in Indiana
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» Need More Clarity? Read these exclusive Houzeo reviews and learn why the platform is the best in America’s competitive housing market.
Eager to Know How Houzeo Works?
Check out the following video to understand how Houzeo works and why it is the best FSBO and Flat Fee MLS platform in the United States.
» NEED MORE CLARITY? Read these exclusive Houzeo reviews and learn why the platform is the best in America’s competitive housing market.
Frequently Asked Questions (FAQs)
1. What is broker commission in real estate?
Broker commissions in real estate are the fees that the real estate broker charges for their services during property transactions. The average broker commission rates are 5% to 6% of the home's sale price. You can certainly negotiate the commission rates, but keep in mind that a lower buyer agent's commission rate can make them ignore your property. Typically, the buyer's agent commission is 2.5% to 3%.
2. How much do real estate brokers make in Indiana?
Real Estate Brokers can make a good fortune as part of buying and selling process. Usually the commission fee of 5%-6% is paid by the seller. This fee is split between selling and buying agents and brokers. There could also be a scenario where broker provides Flat Fee MLS Services. In such a case, broker provides MLS listing services at a flat fee rate. Brokers usually take multiple MLS listing orders and thus are able to make a decent income.
3. How to become a real estate broker in Indiana?
There are some defined conditions to become a real estate broker in Indiana. Read Here for more details.
4. How to start a real estate brokerage in Indiana?
Starting a brokerage is not an easy task. Different counties in Indiana and other states may have different rules for starting a brokerage. Here is generic example of how to start a brokerage.
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