BREAKING NEWS: Post the NAR Settlement, Nevada discount real estate brokers can save you almost the entire 6% commission. That translates to saving up to $27,948 in commission on an average $465,800 Nevada home.
Whether you’re selling a house in Las Vegas to Reno, the best discount real estate brokers in Nevada 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 $28K on an average Nevada home.
Rankings: Top 5 Nevada Discount Real Estate Brokers
We’ve listed the top 5 discount real estate brokers in the Silver State based on how much you can save on an average $465,800 home.
| Rank | Discount Real Estate Broker / Company | Listing Fee | Max Savings | 100% Online | Mobile App |
|---|---|---|---|---|---|
| 1. | Houzeo.com | $399 Flat Fee | ✅ | ✅ | ✅ |
| 2. | Vegas Flat Fee | $2,399 commission | ❌ | ❌ | ❌ |
| 3. | Home Rebate Nevada | 1% Commission | ❌ | ❌ | ❌ |
| 4. | Redfin | 1% Commission | ❌ | ❌ | ❌ |
| 5. | Homie | $5,000 Flat Fee | ❌ | ✅ | ✅ |
Types of Real Estate Discount Brokers in Nevada
There are two types of Nevada 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 Nevada 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 Nevada
1. Houzeo.com: Max Savings, No Hidden Fees
#1 Discount Real Estate Service
Listing Fee: $399+$350 at closing4.9/5
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 Nevada’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. Vegas Flat Fee
PERSONALIZED OPTIONS
Listing Fee: $999 & $2,399Vegas Flat Fee provides 2 Flat Fee MLS packages to home sellers in Nevada.
- Silver – $999: This package offers a listing for 6 months and 35 photos. You get a complimentary home price analysis, unlimited broker support, and a virtual tour video for your listing.
- Gold – $2,399: You can list your property for 12 months with 25 professional real estate photos. It offers complete assistance from listing to closing.
👉 Our Take: Vegas Flat Fee offers two expensive flat fee packages. While these packages do offer full support for first-time sellers, there are many cheaper alternatives available to consider.
Here are some key highlights of listing with Vegas Flat Fee:
- Market Exposure: Your listing gets syndicated to Realtor.com, Redfin, Trulia, Zillow, and other local MLS.
- Virtual Tour: Your listing gets posted on the company’s Facebook page with the online tour video of your property.
- Unlimited Changes: You can make multiple updates to your MLS listing information and photos.
Here are some drawbacks of Vegas Flat Fee MLS:
- Expensive Packages: The most basic package priced at $999 allows you to list for 6 months with 35 photos. You need to pay $599 to extend the listing term for 6 months.
- Additional Fees: They charge a $995 compliance fee at the closing of escrow in all the packages.
- Limited Coverage: Vegas Flat Fee is not available in all of the counties of Nevada.
- No Credible Customer Reviews: They do not have customer reviews on trustworthy websites like Google, Yelp, and others.
Vegas Flat Fee has no credible customer reviews on popular review sites like Google or Trustpilot.
Enrique Moreno the founder of Vegas Flat Fee MLS has more than 20+ years of experience in real estate. He brings experience and professionalism to the table and has helped over 3,700 home sellers.
However, Vegas Flat Fee packages are not affordable. Their basic package starts at $999 which is expensive compared to other Flat Fee MLS companies.
Reviews: 3 Best Fixed Percent Discount Brokers in Nevada
3. Home Rebate Nevada
GREAT SAVINGS
Listing Fee: 1% of the sale price5/5
Home Rebate Nevada is one of the local Las Vegas real estate companies. They offer the following packages:
For Home Sellers:
- 1% Flat Listing Fee: It includes listing on multiple MLS websites, professional photography, an electronic key box, a front yard sign, and open houses.
For Home Buyers:
- Buyer Rebate: They offer buyer rebates of 50% to 80% of the commission received on the purchase of a new home. Along with it they also offer full real estate agent support and help secure builder incentives.
👉 Our Take: Home Rebate Nevada offers a 1% listing fee and high buyer rebates. While these sound good, we couldn’t find many customer reviews to back up their service quality.
Home Rebate Nevada offers certain advantages:
- Higher Rebate: They offer a high percentage of buyer rebates compared to other Realtors.
- Professional Photographs: They provide up to 35 professional photographs.
- Full-service representation: They provide full-service representation throughout the home buying process, including negotiation and contract review
Home Rebate Nevada has certain disadvantages:
- Limited Coverage: Home Rebate Nevada only offers services in Nevada.
- No Credible Reviews: They do not have reviews on websites like Zillow, Trustpilot, and Yelp.
- Requirements for buyers: Their rebate program is only for buyers who are pre-approved for a mortgage and ready to buy a home quickly.
- Limited information available: There is no information available on their website about qualifications for agents or the company’s experience.
Home Rebate Nevada has a rating of 5 out of 5 stars from 1 review on Yelp.
Home Rebate Nevada, established in 2017, is a full time real estate agency serving the Las Vegas Valley. Specializing in home listings and purchases, they offer up to an 80% rebate on new home sales, dependent on the home’s sale price and the percentage of commission paid by the builder at closing.
4. Redfin: 1% Listing Fee, Statewide Coverage
BEST TECH-ENABLED BROKERAGE
Listing Fee: 1% of Sale Price4.2/5
Redfin does not disclose its pricing on its website. Sellers will have to pay common closing costs.
- It offers 0.5% buyer’s rebate. To avail this, you’ll have to buy and sell with them.
👉 Our Take: Redfin offers 1 rebate option but with a strict clause. While, other real estate companies are willing to offer a higher rebate.
» Redfin Reviews: The reality of the buyer’s rebate.
Here are some advantages of choosing Redfin:
- Advanced Technology: With 3D walkthroughs and 40+ filters to narrow down your search, the Redfin app makes it easy to find the right home from anywhere.
- Paired With Local Agents: Local agents know their market better. This can help you secure a good deal.
- Home Tour: You can see updated listings every 5 minutes on their website. You can also schedule a home tour for the same day.
- Nationwide Coverage: Redfin covers 80+ markets in the US.
Here are some limitations we found with Redfin.
- Strict Rebate Criteria: Clients who sell and buy with Redfin within one year get a rebate of 0.5%.
- No Freedom in Agent Selection: You get an agent assigned automatically without having a choice in the matter.
- Agents Are Less Incentivized: Unlike traditional agents who work for commission, Redfin agents get a fixed salary. This can demotivate them from offering you additional services.
- Poor Customer Reviews: Customers have complained that agents are often unreachable and unprofessional.
Redfin has an average rating of 4.3 out of 5 stars from 60+ reviews on Google.
» Redfin Reviews: The Reality of the 1% Fees, Pros, Cons, and Alternatives!
Redfin, founded in Seattle in 2002 by Mr. David Eraker, covers 80+ markets in the US.
It provides an elaborate listing agreement with a marketing plan for your home. However, this agreement specifies a long 18-day timeframe for listing your property on the MLS. Additionally, some customers have expressed concerns about the non-availability and unprofessionalism of their agents.
5. Homie
FLAT FEE PACKAGE
Listing Fee: $5,000 to $10,000 Flat Fee4.4/5
Homie serves as a comprehensive real estate solution:
- Listing Price ($ 5,000 to $10,000): Homie sellers pay a flat fee, which varies based on the price of the home. For sellers, it charges a flat fee rate.
👉 Our Take: Homie offers a single flat fee package to sellers and multiple in-house services to buyers. It benefits buyers with better mortgage rates, suitable insurance, and hassle-free paperwork. Hence, you may consider buying a house through a Homie instead of selling.
Below are the key advantages of choosing Homie for your home sale:
- Manage Buyer Tours: Coordinate buyer tours from anywhere, ensuring convenience.
- Expert Homie Agent: You will meet a dedicated agent who will guide you throughout the process.
- Home Value Report: Receive a personalized home value report to help you set the right price.
- Professional Photos: Homie helps you get high-quality professional photos to showcase your home.
- Social Media Marketing: Homie promotes your home on social media to reach more potential buyers.
Below are the Homie drawbacks:
- Limited Coverage: Homie provides services in Arizona, Colorado, Idaho, Nevada, and Utah.
- Customer Support: As per the customer reviews, Homie agents cannot respond with proper guidance.
- No Advanced Tech: Some clients are disappointed with their slow and outdated technology.
Homie has a 4.4 out of 5 stars rating on Google.
» Is Homie Worth It? Read to know Homie benefits when selling your house.
Mike and Johnny founded Homie in 2015 in Utah. The company claims to have saved clients over $100 million in fees and commissions. Sellers frequently praise Homie for its full-service model and savings.
Homie’s combination of convenience and cost-saving options makes it stand out in the real estate market.
Discount Real Estate Brokers Nevada: How Much Will You Save?💲
Nevada 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 $27,948 to sell an average $465,800 house in the Silver State. But, if you choose a flat-rate broker company, you save thousands. With Houzeo’s Gold plan, you only pay $2,758 and save $25,190!
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.
How to Find Discount Real Estate Brokers Near Me in Nevada?
Here’s a list of the best discount Realtors in the most popular city of the Silver State:
| Las Vegas, NV | Discount Real Estate Brokers in Las Vegas, NV |
Discount Realtors in Nevada: Pros and Cons
Even though cheap Realtors in Nevada 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 Nevada than a 6% Realtor. Even if you only want to list your home on Nevada MLS, you pay a much lower fee than the typical 3% listing agent fee.
- Receive Full-Service Realtor Services: Discount real estate agents in Nevada 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 Nevada 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 NV.
- Unreliable Service Quality: Discounted real estate brokers in Nevada 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 NV 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 Nevada
Here are some options if you do not want to opt for a discount Realtor in Nevada:
- 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 Nevada will help you list on the MLS and increase exposure.
- Sell Your House to Cash Buyers: Almost all cash buyers in Nevada scour the MLS for Nevada 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 Nevada. You’ll end up paying a full 5% to 6% commission. That’s $27,948 on a $465,800 home gone!
Frequently Asked Questions
Who are the best discount real estate brokers in Nevada?
Houzeo.com and Vegas Flat Fee are the top discount real estate brokers in Nevada. However, Vegas Flat Fee offers expensive package as compared to Houzeo. Also around 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 Nevada?
On average, traditional agents in Nevada charge 5% to 6% of the sale price as commission. On the other hand, discount real estate brokerage firms in Nevada charge 1% to 3%.
How do I find a discount broker near me in Nevada?
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 Nevada?
Yes, you can! Infact, post the NAR Settlement, you can now also negotiate buyer’s agent commissions.
