For making buying or selling a home beneficial for you, you need help from a great real estate agent. However, with over 6,000 agents active in Phoenix, Arizona, finding a reliable discount realtor in Phoenix is easier said than done.
To find the best discount Realtors in Phoenix, you must know what kind of realtors you must look for. Find information on the charges of real estate brokers and discount real estate brokers in Phoenix, different ways in which you can sell your house, and the list of top real estate brokers in Phoenix in this article.
What do real estate brokers in Phoenix charge?
Traditional real estate brokers in Phoenix charge about 6% commission from the selling price of a house. So, for example, if you list your house with an agent and sell it for a gross price of USD 400,000, you would have to pay USD 24,000 just as agent commissions.
However, all the money does not go to a single real estate agent as an individual agent can’t directly accept the money and needs a brokerage to do so. The brokerage splits the commission with its cooperating brokers and also takes its own cut.
So, your USD 24,000 commission is divided equally between four groups, the buyer’s agent, the seller’s agent, the buyer’s broker, and the seller’s broker.
Ways in which you can sell your house
Below are the different options using which you can sell your house:
- Use flat fee MLS services
The city of Phoenix has many companies that offer real estate services at a flat fee. You can list your home on MLS using the hybrid services offered by budget brokers and realtors. Your property also gets syndicated to other popular realtor websites like Zillow, realtor, etc. You can choose one of their packages ranging from USD 100 to USD 700.
Getting your house listed on the MLS is the best way to sell your home. However, you also have to market your property well and offer a competitive commission to buyer’s agents. The commission can come up to at least 2.5% of your home’s sales price.
If you want any more help from the flat fee companies, you need to buy a premium package or pay additionally. You can avail of services like contracts, flyers, lockboxes for showings, listings for over three months, etc. Many good flat fee MLS services like Houzeo also offer tech-capable tools to successfully manage transactions or negotiate home showings.
- Hire discount real estate agents in Phoenix
There are many brokerages and discount realtors in Phoenix that offer you basic real estate services for selling your home at a discounted commission. There are different ways in which companies offer you discounts like it can be a lower commission rate or commission rebates.
You must compare experiences, rates, attentiveness, and the services of discount real estate brokers in Phoenix to choose the best one. You must know what value you are getting for the money spent.
You can use various websites to compare the best discount real estate agents on the basis of stats like closing percentage, commission rates, free services and reviews.
Top discount real estate brokers in Phoenix
Below are the top discount realtors Phoenix:
Houzeo is a tech startup that offers amazing real estate solutions. Get an unbeatable combination of cutting-edge technology, maximum savings, and high-class customer support with Houzeo for home sellers. Houzeo offers listing services at an affordable flat fee and hence saves you from exorbitant real estate commissions.
Houzeo offers small flat fee plans that save you thousands. In case your buyer is not represented by an agent, you also save on the buyer agent commission.
The MLS listing of your house also gets integrated with top sites like Realtor.com, Zillow, Trulia, Redfin, etc. You can also share your home listing on social with Houzeo’s nifty social media sharing tools. Houzeo offers a fully virtual service hence listing is easy and making changes are fast.
Houzeo also offers dedicated services for homebuyers. You get access to listings without hiring any buyer agents. You also get access to all the listings near to you on MLS without any agent’s help. You can also use Houzeo’s unique closing costs calculator to estimate an accurate final cost to you at the end of the buying process. Houzeo is without a doubt a top real estate broker in Phoenix.
- Flat Fee Team
Flat Fee Team is a flat fee real estate broker serving Arizona for the past 15 years. The company offers real estate services to home sellers as well as home buyers. Flat Fee Team charges a flat fee of USD 3950 in place of a traditional realtor commission. However, if your home is worth more than USD 500,000, the company charges a commission of 1%.
You can also avail of additional services like lockbox services, yard signs, professional photography, and even full-time agent representation with the Flat Fee Team. Flat Fee Team offers home buyers a commission split of about 2.5% to 3%.
- AZ Flat Fee
AZ Flat Fee is a full-service real estate broker in Arizona and one of the top discount realtors in Phoenix. AZ Flat Fee does not charge a commission but a flat fee of USD 3500, which can be highly beneficial if your house has a high valuation. AZ Flat Fee is a flat fee realtor that takes care of everything from marketing your property on different platforms to professional photography.
With a commission split, AZ Flat Fee offers homebuyers a percentage of the selling price of a home as commissions, which can range from 2.5% to 3%. AZ Flat Fee has enough local experience to help you find top properties in the best localities in Phoenix.
If you are looking for a flat fee real estate broker in Phoenix, AZ Flat Fee is a great option offering full service and a good review.
Trelora was founded in 2011 and quickly rose to the ranks to become a famous real estate discount brokerage. It has served more than 6000 clients and it claims that it has helped them save over USD 65 million in commissions. Trelora is known for its zero hidden costs and upfront service.
Trelora charges you a commission of only about 1.5% of the listing price, which is much lower than the industry standards helping you save thousands of dollars. The proprietary software of Trelora claims that it makes the process simple for home sellers.
Trelora also offers some good features for home buyers like buyer’s refunds where you get a refund after the completion of the buying process. The amount can add up to USD 3000 in refunds.
Trelora also does not charge any upfront fee from buyers. If you are a homebuyer, the only exchange of money you will have with Trelora would be a refund at the end of the buying process.
If you are looking for an affordable real estate brokerage, Trelora is a great option. Trelora has a good rating and has a team of real estate professionals that can handle the process smoothly.
To sum it up
You can find many other good discount realtor brands in Phoenix but the above list has many low-commission brands. You must check the top discount companies and look at the services they are offering. Thus, there are many top real estate brokers in Phoenix you can work with.