✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in commission, compliance and litigation risks have significantly increased for sellers throughout the nation. Learn how NAR’s settlement affects home sellers.
A traditional Realtor charges a 5% – 6% commission to sell your home. At that price, you’ll pay $25,000 in commissions alone.
Low-commission agents are a budget-friendly option. Typically, they charge 1% to 2% of the home sale price. But there are better and convenient alternatives to selling your house fast.
If you want to save half of the commission, you should list on MLS by owner. A flat fee service usually charges less than 1% to 2% commission which is affordable. Companies like Houzeo and SimpleShowing help you to list on the MLS.
We’ve reviewed and ranked Florida’s top 5 best low commission real estate agents in 2024.
Rankings: 5 Low Commission Real Estate Agents in Florida
| Low Commission Agent/Company | Fee | Max Savings | 100% Online | 5-Star Reviews | Broad Coverage | Mobile App |
|---|---|---|---|---|---|---|
| 1. Houzeo | $349 Flat Fee | ✅ | ✅ | ✅ | ✅ | ✅ |
| 2. SimpleShowing | 1% Commission | ❌ | ❌ | ✅ | ❌ | ✅ |
| 3. Ideal Agent | 2% Commission | ❌ | ❌ | ✅ | ✅ | ❌ |
| 4. Redfin | 1.5% Commission | ❌ | ❌ | ❌ | ✅ | ✅ |
| 5. Houwzer | 1% Commission | ❌ | ❌ | ❌ | ❌ | ❌ |
Reviews: 5 Best Low Commission Real Estate Agents & Companies
1. Houzeo
4.9/5
(5,112 reviews)
Queen's Take
Houzeo.com is America’s #1 ranked Flat Fee service. Houzeo provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology.
Houzeo is America’s top-ranked Flat Fee MLS service. With them, you will pay the lowest commission to list your home. They offer maximum savings, 5-star customer support, and cutting-edge technology. Houzeo offers 4 packages.
- Bronze Package – $349: This package offers Houzeo listing for 3 months with maximum photos.
- Silver Package – $199+: This package offers Houzeo listing for 6 months with maximum photos.
- Gold Package – $299+: It is Houzeo’s signature MLS package and includes all the technology Houzeo is known for Houzeo Showings, Houzeo Offers, and DigiTransact.
- Platinum Package – $179+: It includes the assistance of a licensed broker to help you with negotiations, disclosures, and closing.
👑 The Queen’s Take: If you are looking for a way to save money on commission. Houzeo is a good option because they provide Flat Fee MLS, which has the lowest commission possible.
» Houzeo Reviews: Houzeo is 100% online. You can finish listing formalities in less than 60 mins.
Here are some advantages of Houzeo.
- Nationwide Coverage: Houzeo covers 47 states and DC.
- Max Savings: With Houzeo, you save at least 3% on listing agent commission. You can sell your properties without incurring traditional real estate agent fees, saving money.
- Advanced Tech: Houzeo provides cutting-edge technology for a seamless journey. It has an intuitive seller’s dashboard, and a free mobile app.
- Maximum Exposure: Your home is syndicated to 100+ real estate websites like Zillow and Trulia.
» Houzeo Customer Reviews: Houzeo has a 5-star rating on Google Reviews and Trustpilot.
In our research, we discovered that customers have consistently provided positive feedback about their experience with Houzeo.
» Is Houzeo Good? Houzeo addresses all Houzeo complaints from home sellers.
Houzeo is rated 4.9 out of 5 stars by thousands of home sellers on Google & Trustpilot.
» Houzeo Reviews: Over 5,000 home sellers have rated Houzeo as “Excellent.”
2. SimpleShowing
4.9/5
(100+ reviews)
Queen's Take
They use technology, such as their mobile app, to make the traditional home-selling process easier. However, with their limited coverage and agents, they might not cover all your needs.
SimpleShowing is a real estate brokerage. It is a tech-powered brokerage with affordable low-cost, hassle-free services to home buyers and sellers.
- 1% Commission: It includes home valuation, professional photography, syndicating listings, negotiations, and paperwork.
👑 The Queen’s Take: SimpleShowing is not a full-service real estate brokerage. If you choose to list with them you have to pay a minimum commission of $5,000 regardless of your home’s valuation.
» SimpleShowing Reviews: Read customer reviews of SimpleShowing.
Here are some advantages of SimpleShowing.
- Free Property Reports: These reports provide information about the property’s value, recent sales of similar properties, and neighborhood demographics.
- User-Friendly Website: Their website is easy to navigate. The process of listing or buying a home is streamlined.
- Mobile App: You can schedule showings on their mobile app.
- Buyer Refund: SimpleShowing offers buyers up to a 1% refund of the final price.
- On-Demand Private Tours: This helps buyers to see homes whenever they want without a real estate agent.
In our research, we found some drawbacks of SimpleShowing.
- Minimum Commission: You pay $5,000 as a closing fee regardless of your home’s valuation.
- Limited Coverage: They only serve in 3 states – Florida, Texas, and Georgia.
- No Personalized Support: Due to high customer volume their agents might not give personalized service.
3. Ideal Agent
4.9/5
(5,000+ reviews)
Queen's Take
Ideal Agent is an agent matching service that bridges sellers and buyers with licensed real estate agents in their locality.
Ideal Agent is an agent matching service. They work with a large network of brokers for a 2% commission.
- Full Service – 2% Commission: The package includes professional photos, negotiation, and closing assistance.
👑 The Queen’s Take: Ideal Agent’s referral fee is higher than the other agent matching services. If you choose them, you will pay a 25% referral fee to the broker, which will be deducted from your agent commission at closing.
» Ideal Agent Reviews: Read reviews of Ideal Agent to make an informed decision.
Here are some advantages of Ideal Agent:
- Pre-Negotiated Commission: Ideal Agent negotiates the commission with their agents in advance. This enables you to concentrate on the other aspects of the transaction.
- Agent Matching: They help you match with the top 1% of local agents in your area.
- Dedicated Concierge: Their agents actively guide you through every step of the transaction. While providing assistance with marketing, negotiation, and closing.
Ideal Agent has some disadvantages we came across in our research.
- Additional Referral Fees: They charge agents 25% of their commission after a successful sale, which will be deducted from your commission at closing.
- One Agent Only: Ideal Agent offers the service of matching agents. However, you are only matched with one agent at a time.
- Only Agent Matching Service: They are not a listing website. You will only be matched with a local agent.
Ideal Agent has a rating of 4.9 out of 5 stars from 5,000+ reviews on TrustPilot.
» Ideal Agent Reviews: Is Ideal Agent worth it?
4. Redfin
3.4/5
(100+ reviews)
Queen's Take
Redfin is primarily known for its advanced tech platform and mobile app. It covers 80+ markets in the US.
Redfin is America’s #1 discount real estate brokerage. They offer a 1% listing fee when you buy and sell. If you only sell they charge a 1.5% commission.
- Redfin Full-Service Agent: This includes premium placement on Redfin, professional photos, and a 3D walkthrough.
- Redfin Premier Agent: This package is exclusively for luxury properties and includes coordinated e-mail campaigns, luxe mailers, and brochures.
👑 The Queen’s Take: Redfin gives your property exposure and provides other services. But you can only enjoy these benefits if you use Redfin to buy and sell.
» Redfin Reviews: The reality of 1% fees, pros, cons, & alternatives.
Here are some advantages of choosing Redfin:
- Nationwide Coverage: Redfin covers 80+ markets in the US.
- Advanced Technology: They have a user-friendly website and provide a mobile app.
- Full-Service Agents at Low Commission: Redfin’s full-service package is priced at 1.5%. It saves you thousands compared to the traditional 3% listing commission.
- Detailed Marketing Plan: Redfin provides the necessary paperwork and a marketing plan.
- Buyer Rebate: If you sell with Redfin for 1.5% commission, you get 0.5% rebate for buying another home within 365 days.
In our research, we found some disadvantages of Redfin.
- No Dedicated Service: Customers have often complained that Redfin agents are not able to give personalized service.
- Mixed Customer Reviews: Customers have complained that agents are often unreachable and unprofessional.
- Slow Listing Process: According to Redfin’s listing agreement, a Redfin property takes 18 days to list on MLS.
- Limited Agent Selection: Based on customer reviews, Redfin has a limited selection of agents. This results in giving you fewer options to choose an agent.
Redfin has an average rating of 3.4 out of 5 stars from 100+ reviews on Yelp.
» Reviews of Redfin: Read our blog to know more about them.
5. Houwzer
4.1/5
(40+ reviews)
Queen's Take
Houwzer was launched in Philadelphia, PA in 2014. It is a discount real estate brokerage company that uses salaried agents.
Houwzer was launched in Philadelphia, PA in 2014. It is a discount real estate brokerage company that uses salaried agents.
- Full Service – 1% Commission: This includes 25 professional photos, a virtual tour, listing on MLS, and geo-targeted mailers.
👑 The Queen’s Take: Houwzer’s additional services like mortgage and title prices are not disclosed. You need to contact their representatives. However, sharing your information becomes necessary to assess their services effectively.
» Houwzer Reviews: Read this blog to know more about Houwzer.
Here are some advantages of choosing Houwzer:
- Commission Saving: Houwzer provides you with an affordable way to sell a home by charging a 1% listing commission instead of 3%.
- Dashboard: They have a user-friendly dashboard that allows you to chat with your agent and track listing progress.
- Buyer Rebate: If you avail of their mortgage and title services, you will be eligible for a buyer rebate.
In our research, we found some major drawbacks of Houwzer.
- No Personalized Support: Due to high customer volume their agents might not give personal attention to every customer.
- Limited Coverage: They serve only in 5 states – Florida, Maryland, South Jersey, Pennsylvania, and Washington, DC.
- Lack of Transparency: Houwzer has not disclosed the prices of its other services.
Houwzer has an average rating of 4.1 out of 5 stars from 40+ reviews on Yelp.
» Houwzer Reviews: Read this review before making your decision.
What are Low Commission Real Estate Agents/Companies?
Low commission agents or companies offer services similar to traditional agents at discounted rates. These discounted rates usually range from 1% – 2% as compared to the traditional charges of 2.5% – 3%.
» Discount Realtors Near Me in Florida: Discover discount realtors nearby and start saving today.
Types of Low Commission Real Estate Agents and Companies
Based on the level of services they provide, there are various real estate agents and companies.
- Flat Fee Real Estate Brokers: Flat fee Realtors charge a fixed commission to list your home. They provide listing across high-traffic websites, professional photography, flyers, and scheduling home tours.
- Virtual Full-Service Agents: They offer 100% online services. These include property search, preparing contracts, negotiating offers, home tours, etc. at no additional cost.
- Discount Real Estate Brokers: They offer services at commission rates lower than traditional agents. They charge 1% – 2% commission or a pre-negociated flat fee.
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⭐ What is the Average Realtor’s Commission?
The average commission for Realtors is roughly 5% – 6% of the final sales price. The ideal commission for the seller’s agent typically ranges between 2.5% – 3%. Similarly, the buyer’s agent will also charge 2.5% – 3%.
How to Choose a Low-Commission Real Estate Agent?
It is necessary to choose suitable low-commission real estate agents for a hassle-free home selling journey. Following are some tips for you to make a quick decision to choose the best low-commission Realtor:
- Online Reviews: Check customer reviews online to get insight into the type of services you can expect to receive.
- Negotiate: Don’t be afraid to negotiate with the agent or company to reduce the commission. Some may be willing to lower their rates depending on the market conditions or the specifics of your transaction.
- Package Deals: Some real estate companies offer discounted commission rates if you use their services to buy and sell a property. Explore these package deals to maximize your savings.
- Advanced Technology: Choose real estate companies in Florida offering user-friendly websites and mobile apps as a lot of listings happen online.
How Much Can You Save With a Low Commission Realtor?
Traditional real estate agents in Florida often impose hefty commission fees when selling your house, diminishing your profits. In contrast, low-commission agents deliver equivalent service quality while facilitating greater savings.
For example, if you are selling a house for $400,000, your savings with a low commission real estate company will be as follows:
| Traditional Agent (2.5% commission) | Discount (1% commission) | Discount (1.5% commission) | Discount (2% commission) | |
|---|---|---|---|---|
| Seller's Agent | $10,000 | $4,000 | $6,000 | $8,000 |
| Buyer's Agent | $10,000 | $10,000 | $10,000 | $10,000 |
| Total | $20,000 | $14,000 | $16,000 | $18,000 |
| Savings | ❌ $0 | ✅ $6,000 | ✅ $4,000 | ✅ $2,000 |
Pros and Cons of Low Commission Real Estate Agents & Companies
To decide whether real estate agents with low commissions are suitable for selling your home, consider the following pros and cons.
Pros of Using a Low Commission Realtor
Following are the advantages of choosing a low-commission Realtor.
- Savings: Low commission Realtors can help you save on commission fees while streamlining the entire sales process.
- Technology: Platforms like Houzeo and Redfin offer technologically advanced features like online showings, marketing services, virtual home tours, etc. at no added costs.
- Do It Yourself: You have control over your listing, showings, and open houses. You can communicate and negotiate directly with the buyer’s agent.
Cons of using a Low Commission Realtor
Following are the disadvantages of choosing a low commission Realtor.
- Selling for Less Money: You may sell your house for less than what you could have with a full-service Realtor.
- Poor Selling Experience: A discount Realtor will handle multiple clients to compensate for the reduced commission fees. This results in a lack of personalized services and post-sale assistance.
- Dual Agency: Realtors who represent both buyers and sellers are known as ‘dual agents’. The incentive to double-end a deal increases when the agents offer low commission services.
Alternatives to Low Commission Real Estate Agents & Companies
Here are some other options for you to explore before choosing low-cost Realtors:
- Flat Fee MLS Companies: Flat Fee MLS companies list your property on your local MLS for a flat fee of a few hundred dollars. You can save on commissions and also take advantage of their technology for a faster sale.
- For Sale By Owner (FSBO): It basically means you sell your house by yourself, completely eliminating listing agent fees. Sellers with the necessary time and resources can list their house FSBO.
- We Buy Houses For Cash Companies: Companies that buy houses for cash in Florida offer upfront payments within 24-48 hours. However, they typically pay 10% – 30% less than the expected home sale price.
- iBuyers: iBuyers like Opendoor and Offerpad provide full cash offers and technologically advanced platforms. This is a good option if you want to sell your house fast for cash in Florida.
- List With a Full-Service Realtor: If you need hand-holding, we recommend you hire a full-service in-person Realtor. You’ll get all the professional help you need, but you will pay a full 5% to 6% commission.
Final Word
Finding the right balance between price and quality is essential while exploring the real estate market. If you are looking for cost-effective services then working with low-commission real estate agents is the best option.
They offer full-service brokerage at a slightly lower rate (around 2-2.5%). In the end, it depends on your specifics and the plans you select.
Houzeo provides you with flexibility and unique features that no other low-fee Realtor or company offers. It is entirely online and digitized, which streamlines the home selling process. Additionally, Houzeo is widely regarded as the best flat fee MLS platform and FSBO provider in the United States.
» Want to know more? Read these stellar Houzeo reviews to learn why it is one of the best For Sale By Owner websites.
Frequently Asked Questions
1. What changes have the low commission real estate companies brought in the Florida real estate market?
Following are the changes brought by low commission real estate companies brought in the Florida real estate market:
1. More control over home sale
2. Affordable packages
3. Expedited home sale process
2. How do I find low commission real estate agents near me?
To find low commission real estate agents near you, search online for real estate agents in your area and compare their commission rates to find low-cost options.
3. Which low commission real estate agent is the best?
There are multiple factors that need to be considered when you want to find the best low commission real estate brokerage. Real estate brokerages like Houzeo, SimpleShowing, and Ideal Agent top our charts based on different features. However, the list may vary based on your requirements.
4. How to get low commission rates?
You can either negotiate with a realtor or opt for a real estate agent/ brokerages with lowest fees.
5. How low commission real estate agents make money?
Low commission real estate agents make money by charging a reduced commission percentage on the final sale price of a property. This means they earn less per transaction but aim to make up for it by handling a higher volume of sales or offering additional services for an additional fee.
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