10 Best Low Commission Real Estate Agents & Companies (2023 Rankings)

Houzeo is a cutting-edge technology-based real estate platform that allows home sellers to list their properties on the Multiple Listing Service (MLS) for a low flat fee. You will save nearly half of the agent commissions as a result of this.

In addition, for a nominal fee, you can access a variety of additional features such as contract review, pricing assistance, professional photography, and more as part of the platform.

Home sellers who register will be given access to a personalized dashboard from which they can manage a variety of features such as receiving, reviewing, and comparing offers. Registration is free. Additional features such as counteroffers, contract review, lockbox and yard sign availability are included in the listing packages, as well as other benefits.

Houzeo is also the most technologically advanced For Sale By Owner (FSBO) platform in the United States, with processes that are completely automated.

Homesellers who want to save money on hefty Realtor commissions will benefit the most from this option.

Pros

• 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 out of 5 rating on Google & Trustpilot.

Houzeo is available nationwide.

Redfin is one of the best Low Commission real estate brokerages available. You can save between 20% and 30% on commission fees when using Redfin. While Redfin claims to provide quick services, this constrains their ability to provide any level of personalised service.

The low-commission Realtor also offers additional services such as a professional photographer, MLS listing, open house schedule, and yard sign. While Redfin’s listing agreement is comprehensive, it takes nearly 18 days to get a property listed on the MLS.

When compared to other low-commission real estate companies, Redfin is known for its technology. They provide full-service brokerage through an excellent user interface and platform.

Apart from the Redfin “Full Service” package (1.5 percent commission), there is also a “Concierge” plan with a 2% commission fee.

🔍 Explore more: Redfin Reviews: The Reality of 1% Fees, Pros & Alternatives

Pros

• Excellent Technology
• Detailed listing agreement
• Detailed paperwork
• Holisitic services
• Rebate of 0.5% (in case of Full Service plan) if you buy and sell with them
• Cash offer feature available
• Full-service brokerage

Cons

• Listing process is slow
• Average customer service
• Limited agent selection

Redfin has an average rating of 3.9 out of 5 on Consumer Affairs.

Redfin covers over 80+ markets, giving a nationwide coverage.

SimpleShowing, like many other low-fee brokers, connects sellers with a network of Realtors. The platform charges 1% of the sale price, which is slightly less than the traditional Realtor listing fee.

The company operates on a minimum listing agent model, which means that an agent is responsible for a greater amount of work. This may be a cost-cutting measure for the business, but it undoubtedly results in a reduction in quality.

SimpleShowing provides a variety of services, including MLS listing, professional photographer, and home valuation.

🔍 Explore more: Negotiating Real Estate Agent Commission

Pros

• Qualified agents
• Low listing fee when compared with competitors
• Add-on features in place
• Mobile App

Cons

• Marginal savings
• Limited real estate agents
• Compromise on quality because of less number of agents
• Average customer support
• Restricted coverage

SimpleShowing has an average rating of 4.6 out of 5 on TrustPilot.

SimpleShowing is available in Texas, Florida, and Georgia.

Ideal Agent assists sellers in locating qualified, low-fee real estate agents. Ideal Agent charges a 2% listing fee, which results in only a marginal savings.

There is no obligation to work with the recommended low-cost real estate agents when using the free agent matching service. Additionally, the company has stringent selection criteria for agents (only top 1 percent sale producers).

People who want an agent must call a concierge who can help them. They need to call the number the agent gave them. As a result, it takes a lot longer to sell your home. Sellers who use Ideal Agent usually save about $3000 to $4000 when they list their home for sale.

🔍 Explore more: Ideal Agent Reviews (2022): Everything You Need To Know

Pros

• Qualified agents
• No obligation to choose an agent
• Add-on services like professional photos, and more
• Good customer service

Cons

• Marginal savings
• Single agent match
• Inconsistent agent results
• No customer dashboard
• No buyer savings

Ideal Agent has an average rating of 4.9 out of 5 on TrustPilot.

Ideal Agent is available throughout the U.S.

HomeLight works with a lot of successful sellers and low-cost realtors to make guides and resources for selling a house that are tailored to your situation.

You can list your home and get offers for free, but the traditional 5-6% commission still applies, depending on the agent. Based on the real estate agent you choose, he/she would be able to list your property on the MLS. Although, there is no obligation to choose a recommended agent.

Using HomeLight, you can find the best real estate agents in your chosen neighbourhood. You can choose from full and limited service plans..

You will get offers from real estate agents right away if you sign up for HomeLight. The process is quick, but only homes that aren’t on the market can be used.

🔍 Explore more: HomeLight Reviews: The Truth You NEED To Know

Pros

• Good technology
• Good agent coverage
• Digital listing packages

Cons

• Average listing speed based on agent selection
• No savings on agent commission
• Inconsistent agent quality
• Covers only major U.S. cities

On Sitejabber, HomeLight has an overall consumer rating of 4.51 out of 5.

HomeLight has coverage only in major U.S. cities.

ListingSpark, one of the top low commission real estate agents, is based on the feature of pay-per-day. You need to pay a certain amount ($7) per day to remain listed on the MLS and have access to different features.

Even though ListingSpark provides great services and is considered to be a decent low commission realtor, it still requires some manual processes to get the property listed on the MLS. This leads to a bit of delay in the selling process.

ListingSpark focuses on strong features and add-on services (open houses, showings, lockbox, yard sign, etc.) that make the job of sellers easy and comfortable.

The low commission realtor also provides a Premium plan that is fixed at 0.5% commission at closing and comes with more add-on features than “pay-as-you-go” plan.

🔍 Check out: Time it takes to sell a house

• Affordable upfront fees
• Flexible services
• Decent market analysis
• Thorough documentation for the selling process
• Closing calculator to aid in deriving the closing cost
• Full-service brokerage

• Slow MLS listing
• Limited coverage
• Add-on features are a bit expensive

ListingSpark’s averages 4.3 out of 5 on BirdEye.

ListingSpark has coverage in Texas only.

Low-cost brokerage Trelora comes with two “Full Service” packages that cost 1% and 2%. You can choose which one you want.

Trelora’s small number of agents serves thousands of customers, resulting in subpar customer service most of the time.

The platform does not assign a single agent to a seller, but rather provides assistance to the seller at various stages. This appears to be efficient, but due to the number of people involved, it could backfire. Trelora’s packages include add-on features such as professional photos, yard signs, marketing, and more.

🔍 Explore more: Trelora vs. Traditional Agents

Pros

• Good add-on features
• Commission rebate for buyers

Cons

• Average service due to low number of agents
• Minimal savings
• Restricted coverage
• Poor customer support
• Average technology

Trelora has an average rating of 4.5 out of 5 on Yelp.

Trelora covers only AZ, CA, CO, GA, MO, NC, SC, and WA.

If you’re looking for a low commission real estate brokerage that’s easy on the wallet for high-valued homes, Houwzer is a good place to start. With a $5000 flat fee, this low commission Realtor is ideal for homes worth more than $1 million. You may want to consider other options if you are looking for a low-cost home.

Houwzer, like most other brokerages, offers low commission real estate agents to help with the selling process. However, there is a disadvantage: the limited number of agents cater to thousands of customers, resulting in sometimes subpar service quality.

Professional photography, 3D virtual tours, social media and email marketing, MLS listing, and syndication on real estate websites are all services offered by Houwzer.

The platform is more of a full-service brokerage that meets the needs of sellers from beginning to end.

🔍 Explore more: What’s a fair Realtor commission?

Pros

• Low listing fee for high value homes
• Good listing speed
• Versatile add-on features
• $2500 rebate when property sold and bought from the platform

Cons

• Not ideal for low price homes
• Degraded customer service quality due to high customer volume
• No personalized support
• Limited coverage
• Average technology

Houwzer is rated 4.5 out of 5 on Yelp.

Houwzer covers only Florida, New Jersey, Maryland, Pennsylvania, Virginia, and Washington.

Redefy charges a flat fee of $3500 for listing. However, when a house is sold for more than $1 million, the platform becomes prohibitively expensive. In this case, the selling fee is 1% of the total sale price.
The company does provide in-house support which helps sellers with accurate pricing and other features like staging home, etc.

Redefy, like some other low commission real estate agents, uses a process in which a small number of agents serve a large number of customers. This jeopardises service quality. Furthermore, Redefy operates on a team-based model rather than a single-agent policy.

Redefy offers services such as MLS listing, comparative market analysis (CMA), showing service, yard sign, lockbox, and more.

Redefy differs from traditional Realtors in that it does not offer open houses or printed flyers.

🔍 Explore more: Real estate facts you should know

Pros

• Decent listing fee for low value homes
• In-house support
• Flexible add-on features

Cons

• 1% commission for homes with value $1M+
• Average customer service quality due to high customer volume
• Limited coverage
• Non-refundable deposit of $500

Redefy is rated 4.5 out of 5 on Yelp.

Redefy covers only CO, FL, GA, IL, NC, SC, TN, TX, and VA

Homie, yet another low commission real estate broker, works with a $3500 flat fee listing. When compared to traditional Realtor commissions, this is very reasonable, but it may be significant for low-value homes.

Homie does not offer in-person support, so sellers must exert more effort to get their listing up and running. Having said that, Homie does provide remote low commission Realtor support, but it slows down the selling process.

The platform, like some other low commission Realtors, has a limited number of agents who serve a large volume of customers. This implies a reduction in quality. Furthermore, the add-on features included as part of the packages do not provide good value for money.

🔍 Explore more: Homie Real Estate: Reviews, Alternatives, and Everything You Need to Know

Pros

• Decent listing fee
• Good agents
• Rebate for buyers

Cons

• Compromise on quality due to lesser number of agents
• Remote agent support
• Limited coverage
• Low quality customer support
• Poor technology

Homie is rated 2.5 out of 5 on Yelp.

Homie covers only Arizona, Colorado, Idaho, Nevada, and Utah.