BREAKING NEWS: Post the NAR Settlement, Ramona discount real estate brokers can save you almost the entire 6% commission. That translates to saving up to $48,600 in commission on an average $810,000 Ramona home.
The best discount real estate brokers in Ramona will help you save on the 3% listing agent commission. And an additional up to 2.5% to 3% on the buyer agent commission! That’s a cool $48K on an average Ramona home.
Rankings: Top 5 Ramona Discount Real Estate Brokers
We’ve listed the top 5 discount real estate brokers in the Mountain Gem based on how much you can save on an average $810,000 home.
Rank | Discount Real Estate Broker / Company | Listing Fee | Max Savings | 100% Online | Mobile App |
---|---|---|---|---|---|
1. | Houzeo.com | $349 Flat Fee | ✅ | ✅ | ✅ |
2. | CA Flat Fee | $5,000 Flat Fee | ❌ | ❌ | ❌ |
3. | Redfin | 1.5% Commission | ❌ | ❌ | ✅ |
4. | Prevu | 1.5% Commission | ❌ | ❌ | ❌ |
5. | UpNest | 2.5% Commission | ❌ | ❌ | ❌ |
Types of Real Estate Discount Brokers in Ramona
There are two types of Ramona discount real estate brokers:
- Flat Rate Discount Brokers: Also called Flat Fee MLS companies, these discount realty services let you list your home for a fixed upfront fee. A Flat Fee MLS California listing service costs between $399 to $4,000.
- Fixed Percentage Discount Brokers: These discount Realtors charge a fixed percentage of the home’s sale price. Typically, it is anything lower than the traditional 3% fee: 1%, 1.5%, 2% or 2.5%, etc.
Reviews: 2 Best Flat Rate Discount Real Estate Companies in Ramona
1. Houzeo.com: Max Savings, No Hidden Fees
Houzeo is a top technology-driven real estate platform. It offers 4 different packages:
- Bronze Package ($399 + $350 at Close): List your house for 6 months. You can upload 24 house photos.
- Silver Package ($399+0.5% at Close): List your home for 6 months and post maximum photos. Unlimited open houses and listing modifications are included in this package.
- Gold Package ($429+0.5% at Close): This package offers all the benefits of the Silver package, as well as licensed broker assistance, contract review, and more.
- Platinum Package ($449+1% at Close): This package offers virtual full-service support with a licensed broker. You can list for 12 months. Brokers assist you in negotiations, disclosures, and closing.
👉 Our Take: We recommend Houzeo to all home sellers. The company has an excellent customer rating of 4.9 out of 5 stars. It has extensive coverage across 47 states + DC, a feat achieved by only a handful of other services.
» Houzeo Reviews: Houzeo is 100% online. You can finish listing formalities within 60 minutes.
These are the key features that make Houzeo one of the top discount real estate brokers:
- Significant Commission Savings: You will pay just a small flat fee to list on the MLS. On average, home sellers who used Houzeo saved $12,511.
- No Hidden Fees: All costs are disclosed upfront so you don’t have to worry about hidden charges.
- Near Nationwide Coverage: Houzeo operates in 47 states and DC, with ongoing plans for expansion.
- Max Exposure: Houzeo packages give you access to renowned MLS companies.
- Advanced Technology: Eliminate the hassle of extensive paperwork. E-signature and online forms make house listing quick and easy.
- 5-star Customer Service: Dedicated customer support addresses your every concern easily.
- Mobile App: Houzeo’s mobile app lets you manage showing requests from verified buyers and buyer agents. You can either accept, reject, or reschedule showings at your convenience.
- Home Value Estimator: Houzeo’s Home Worth Estimator is online and quick to know the FMV of your home. It provides free home value estimate within 30 seconds.
There are no dealbreakers with Houzeo.
» Houzeo Reviews: Houzeo is rated “Excellent” by 10,000+ happy customers on Google Reviews and Trustpilot!
Houzeo Reviews: With over 10,000+ happy customers, Houzeo is the most trusted discount real estate broker.
Houzeo is Ramona’s #1 ranked discount real estate company because sellers only have to pay a flat rate. It provides an unbeatable combination of maximum savings and 5-star customer support.
2. CA Flat Fee
CA Flat Fee is a full-service broker that operates in Southern California.
For Home Sellers:
- Basic ($5,500): This package offers full realtor service for $500 upfront + a $5,000 closing fee for a typical listing of $400K or below. Services include offer negotiation, professional photography, MLS, managed showings, full-time agent support, and more.
- Standard ($7,700): This package includes everything from the Basic Package, including Zillow express video, paid social ads, twilight or drone photos, and more. For this package, you must pay $700 upfront and $7,000 at closing for a property between $400K and $900K.
- Deluxe ($11,000): This package includes everything from the Standard package, including an HD property walkthrough video, targeted marketing, property brochures, and a 3D matter port. You must pay $1,000 upfront and $10,000 at closing for this package for a listing of $900K or above.
👉 Our Take: CA Flat Fee provides the same offerings as a traditional agent at a flat fee. However, for lower-priced homes, the flat fee may seem high. If you’re selling a less expensive property, it’s worth exploring options with a more affordable flat fee structure.
CA Flat Fee offers the following advantages:
- Full-Time Agent Representation: The CA Flat Fee agent will assist you throughout your home-selling journey. They will manage showings, negotiations, and purchase contract management. Moreover, the agent will help coordinate with title, escrow, and every dedicated real estate agent service.
- Excellent Customer Service: Many customers have reported that some agents went out of their way to help them sell their homes.
- Market Exposure: CA Flat Fee markets your property on the MLS and other online marketplaces. They also handle all the inbound inquiries.
CA Flat Fee has the following disadvantages:
- Suitable for Expensive Properties: The CA Flat Fee is ideal for expensive properties. However, paying $5,000 may not be the most cost-effective option for more affordable properties.
- Limited Coverage: The CA Flat Fee operates only in Southern California. Sellers from other parts of the country cannot use its services.
CA Flat Fee has a 5-star rating on Google.
CA Flat Fee is a licensed discount real estate company based in California. It offers services in the southern part of California.
CA Flat Fee offers full-service packages at a flat fee. Their services include marketing, photography, home valuations, etc. for a flat fee of $5,000. This $5,000 flat fee will only make sense when selling expensive property.
Reviews: 3 Best Fixed Percent Discount Brokers in Ramona
3. Redfin
Redfin is the largest discount real estate company. Its premier agents, with years of experience, help you buy and sell high-end homes.
- Listing Price: Redfin charges a 1% listing fee if you want to sell a house and buy your next one with them. It charges a 1.5% listing fee if you decide to just sell your house with Redfin.
👉Our Take: Redfin is a technology-based platform. You can expect transparency and an accurately managed database. However, you may not get complete attention due to their high customer volume.
» Is Redfin Legit? Check the legitimacy of Redfin’s discount broker services
Redfin offers:
- Competitive Pricing: You pay a listing fee of 1% if you decide to sell and buy with Redfin.
- Updated Technology: Redfin provides a mobile app, 3D walkthrough, relevant filters, etc. This makes the real estate transaction seamless.
- National Presence: Redfin covers 80+ markets in the US.
» Redfin Pros and Cons: Read about the advantages and drawbacks of Redfin services.
The disadvantages of using Redfin are:
- Pricing Inaccuracy: Many sellers have complained about certain factors like, lot area, a gated compound, or a city location not getting considered during valuation.
- Long Time for Listing: As per Redfin’s agreement, it takes almost 15-18 days to verify the seller’s property and list their house.
- Lack of Customer Service: There has been negative feedback about lack of personal attention by Redfin salaried agents.
Redfin has an average rating of 3.4 out of 5 stars on Yelp and average 3.7 out of 5 stars on Google.
» Redfin Reviews: The reality of 1% fees, pros, cons, and alternatives!
Redfin connects you with real estate agents in your area with guaranteed savings. You can list your house for only 1%, if you also buy a house through Redfin.
4. Prevu
Prevu is a reliable discount real estate agent service. It offers full service to sellers, like a traditional broker.
- 1.5% Commission: Prevu charges a fixed 1.5% commission on the total home sale value. It includes features like home valuation, professional photographs, closing assistance, etc.
👉 Our Take: Prevu offers services from listing your home to its closing. It charges you a non-negotiable commission of 1.5% of the home sale value. However, it could cost you more in commission for a high-value house.
Based on our research, the benefits of Prevu are:
- Advanced Marketing: It includes home valuation, 3D virtual tours, open houses, professional photographs, listing on MLS, and social ad campaigns.
- Market Exposure: Your listing will be displayed on sites like Realtor.com, Zillow, Trulia, etc.
- Closing Costs Calculator: You can get an estimate of their closing costs.
Here are some limitations we found with Prevu:
- Limited Coverage: Prevu serves 13 states and Washington D.C. focusing on metro areas and suburbs.
- Not Ideal for High-Value Homes: Prevu’s model might not be ideal for luxury homes. For example, selling a house worth $500,000 would still mean paying $7,500 in commission.
- Variable Listing Fee: The listing fee with Prevu can vary based on your location, which may result in higher costs depending on the market.
- Mobile App: The company does not provide any mobile application service to its users.
Prevu has a stellar rating of 5 out of 5 on Google.
» Prevu Reviews: Is it a good idea to choose them? Read the comprehensive review to learn more.
Prevu is a full-service real estate brokerage based in New York. They offer their services for a 1.5% commission.
They take on a large volume of clients to compensate for the low commission. Hence, you will compete with a crowd of customers for your agent’s attention.
5. UpNest
UpNest offers agent-matching services. Here’s how it works:
- No Upfront Cost: UpNest connects you with top local real estate agents at no upfront cost. Agents will discuss commission rates, fees, and potential discounts directly with you.
👉 Our Take: With UpNest you get multiple real estate agent options to choose from. However, agents’ commission rates and qualifications can vary significantly, and the quality of service may depend on the broker you select.
Here’s what UpNest offers:
- Multiple Agent Proposals: Get 3–5 commission quotes from top local agents. Compare options easily without contacting agents yourself.
- Quick Turnaround: Receive agent matches within 24 hours of signing up.
- Transparent Pricing: View all commission rates and potential savings upfront. There are no hidden fees or pressure to commit.
- Nationwide Coverage: It offers service throughout the US. It connects you with the local agent who has current market insights.
Here are some of the downsides of working with UpNest:
- No Guaranteed Savings: UpNest does not offer guaranteed savings. Instead, each agent sets their own listing fee.
- No Control Over Agent Selection: UpNest shows you commission quotes from selected agents. As a result, you might miss out on other qualified agents who are part of their network.
UpNest has a rating of 4.7 out of 5 stars on Google.
» UpNest Reviews: Is UpNest actually saving you money in 2024? Read to find out.
UpNest partner with top agents from leading national brokerage firms across the U.S. to connect you with them. However, you may end up paying more commission, or discount rates won’t go as low as you expected.
Discount Real Estate Brokers Ramona: How Much Will You Save?💲
Ramona discount brokers can help you save almost the entire 6% commission, depending on your home’s worth.
If you choose a 6% full-service Realtor, you’d pay $48,600 to sell an average $810,000 house in the Mountain Gem. But, if you choose a flat-rate broker company, you save thousands. With Houzeo’s Gold plan, you only pay $4,479 and save $44,121!
NAR Settlement Saves Sellers Thousands in Commission
The NAR Settlement went into effect on August 17, 2024. Buyer agent commissions can no longer be offered on the MLS. This means sellers will save thousands! But it also means there’s a lot more compliance and litigation risks.
Here’s what this means for you:
- Sellers Can Save Thousands in Commissions: You will likely be paying much less than the traditional 3% buyer agent commission. That’s because buyer agent commissions will be negotiated twice: Once when buyers engage Buyer Agents and again when sellers review offer contracts.
- Seller Priority #1 Will Be Paperwork (to Mitigate Compliance & Litigation Risks): Buyer agents mitigate all types of risks. From seller disclosures, offer contracts, contingencies, inspections, repair requests, appraisal, and closing – Buyer agents keep the paperwork tight. Their state licensing authorities, Realtor associations, and MLS’ audit paperwork compliance. Without buyer agents, sellers will have to learn and adapt. Or risk expensive litigation.
- Negotiations Can Now Feel Like Haggling: Buyer agent commissions will now be part of offer contracts and buyer agency agreements. Buyers may ask sellers to include commissions in the form of seller concessions. That means home buyers and sellers alike will be negotiating commissions. Sellers will need expert licensed brokers to help them with these negotiations.
- Buyer Agent Commissions Can Be Offered Offline: Buyer agent commissions can still be offered outside of the MLS. They just cannot be advertised on the MLS.
Discount Realtors in Ramona: Pros and Cons
Even though cheap Realtors in Ramona will save you thousands in commissions, you should consider the advantages and disadvantages of hiring one:
Pros ✅
- Sell Home for a Discounted Fee: You’ll pay less fees for a discount real estate listing in Ramona than a 6% Realtor. Even if you only want to list your home on California MLS, you pay a much lower fee than the typical 3% listing agent fee.
- Receive Full-Service Realtor Services: Discount real estate agents in Ramona will provide the basic services that any traditional agent would. This includes assistance with pricing your home, marketing, paperwork, and negotiations.
Cons ❌
- You May Become a Victim of Hidden Fees: Some discount brokerages in Ramona may charge hidden fees or sell essential services a la carte. Beware of shady discounted agents who lure you in with significantly low fees. Do your research and look at the best discount realtors in CA.
- Unreliable Service Quality: Discounted real estate brokers in Ramona handle multiple clients at once to make up for the reduced commission rate. They may not be able to provide personalized assistance all the time.
- High Cancellation Fees: An Ramona discount real estate broker can charge a minimum withdrawal fee within a specified period. Remember to carefully review the terms and conditions of the contract before signing.
Alternatives to Discount Real Estate Agents in Ramona
Here are some options if you do not want to opt for a discount Realtor in Ramona:
- Sell Your Home For Sale By Owner: In a FSBO sale, you’ll have to opt for “DIY” marketing strategies like using FSBO signs, word of mouth, open houses, etc. But your listing won’t be on Zillow, Trulia, Realtor.com, and Homes.com! Meanwhile, FSBO websites in California will help you list on the MLS and increase exposure.
- Sell Your House to Cash Buyers: Almost all cash buyers in California scour the MLS for Ramona homes for sale. This includes iBuyers, investors, and home flippers.
- Sell With a Full-Service Realtor: If you are not interested in saving your equity, you can hire a full-service, in-person Realtor in Ramona. You’ll end up paying a full 5% to 6% commission. That’s $48,600 on a $810,000 home gone!
Frequently Asked Questions
Who are the best discount real estate brokers in Ramona?
Houzeo.com and CA Flat Fee are the top discount real estate brokers in Ramona. Both provide an incredible combination of savings and technology. However, CA Flat Fee rating is just 4.8 while thousands of sellers have rated Houzeo as 4.9 out of 5.
» Houzeo Reviews: Find out why 15,000+ home sellers love Houzeo.
How much is the real estate agent fees in Ramona?
On average, traditional agents in Ramona charge 5% to 6% of the sale price as commission. On the other hand, discount real estate brokerage firms in Ramona charge 1% to 3%.
How do I find a discount broker near me in Ramona?
You could choose a discount broker, or list your home using Houzeo. With Houzeo, your home will be listed on the MLS within 24 to 48 hours.
Can you negotiate Realtor fees in Ramona?
Yes, you can! Infact, post the NAR Settlement, you can now also negotiate buyer’s agent commissions.