BREAKING NEWS: Post the NAR Settlement, Atlanta discount real estate brokers can save you almost the entire 6% commission. That translates to saving up to $25,770 in commission on an average $429,495 Atlanta home.
Whether you’re selling a house in Midtown Atlanta or Belvedere Park, the best discount real estate brokers in Atlanta 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 $25K on an average Atlanta home.
Rankings: Top 5 Atlanta Discount Real Estate Brokers
We’ve listed the top 5 discount real estate brokers in the Gate City based on how much you can save on an average $429,495 home.
Rank | Discount Real Estate Broker / Company | Listing Fee | Additional Charges | Max Savings | 100% Online | Mobile App |
---|---|---|---|---|---|---|
1. | Houzeo.com | $399 Flat Fee | ❌ | ✅ | ✅ | ✅ |
2. | Beycome | $399 Flat Fee | ❌ | ✅ | ❌ | ❌ |
3. | Legends Realty Atlanta | 1% Commission | ❌ | ❌ | ❌ | ❌ |
4. | Redfin | 1% Commission | ❌ | ❌ | ❌ | ✅ |
5. | Trelora | 1% Commission | ❌ | ❌ | ❌ | ✅ |
Types of Real Estate Discount Brokers in Atlanta
There are two types of Atlanta 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 Georgia 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 Atlanta
1. Houzeo.com
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 Atlanta’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. Beycome
Beycome offers three Flat Fee MLS listing packages to home sellers:
- Basic Package – $99: This package will get your home listed on the MLS with free unlimited changes to your listing. This package offers services in AL, CA, CT, FL, GA, IL, IN, MI, MN, NC, SC and TX.
- Enhanced Package—$399: This package includes a yard sign, a featured listing on Beycome’s website, customizable flyers, and a brochure. You can also add a virtual tour video to your listing. As in the basic package, this package offers services in all states.
- Concierge Service – $599 + 1% Commission: This virtual full-service package includes assistance until closing. They charge 1% of the sale price at closing with this package. It offers services in all the states as in the other packages.
👉 Our Take: Beycome’s prices are reasonable, and their technology is useful. However, they own a title company which will be pitched to you repeatedly.
Below are the advantages of listing with Beycome:
- Open House & Marketing Tools: Beycome provides free tools, such as an open house scheduler, customizable flyers, and promotional materials, to streamline the selling process.
- Fast Listing on MLS: Properties are listed on the MLS in as little as 36 hours, ensuring quick market entry.
- Enhanced Digital Advertising: Sellers can benefit from digital advertising tools, including social media sharing and YouTube video tours.
In our research, we came across some deal breakers with Beycome:
- Limited Agent Support: Unlike traditional real estate agents who provide hands-on guidance, the basic and enhanced Beycome packages offer minimal agent involvement.
- Regional Availability: Beycome is not available nationwide, and only operates in select states. Sellers outside these areas will need to seek other options.
- Limited Negotiation Support: Unless you opt for the Concierge package, sellers may lack professional negotiation help, which could result in missed opportunities to maximize the sale price or navigate complex buyer demands.
Beycome has 4.5 out of 5 stars from 600+ reviews on Google Reviews.
» Beycome Reviews: Know why it might not be a good idea to sell with Beycome.
Beycome’s MLS listing packages are reasonably priced. The company offers legal forms, seller disclosures, an Open House scheduler, and customer support. We recommend the $399 Enhanced Package for FSBO home sellers.
Beycome operates like a traditional Realtor, which involves manual processes. This can delay the listing process significantly. You’ll have to be very diligent and manage leads manually outside the platform.
Reviews: 3 Best Fixed Percent Discount Brokers in Atlanta
3. Legends Realty Atlanta
Legends Realty Atlanta is a discount real estate brokerage.
For Home Sellers:
- 1% Commission: Legends Realty Atlanta charges a 1% commission of the total home sale value at closing. This package includes services like a customized marketing plan, MLS listing, and experienced agent guidance.
👉 Our Take: Legend Realty Atlanta offers traditional home-selling services at just 1% commission. However, it has no online reviews or ratings. This makes them less reliable.
Legends Realty Atlanta offers certain advantages:
- Low Commission: You pay a 1% agent commission. It is subsequently lower than the traditional brokerages that charge 3%.
- Maximum Market Exposure: In addition to the local MLS, FMLA, and GAMLS, Legends Realty Atlanta lists your home on websites like Zillow, Realtor, Redfin, Trulia, etc, for maximum market exposure.
Here are some red flags of Legends Realty Atlanta:
- Limited Coverage: Legends Realty Atlanta offers services only in Atlanta. This reduces the chances to attract prospective buyers.
- No Credible Reviews: Legends Realty Atlanta has not been rated or reviewed on any online platforms, which could make its service questionable.
We couldn’t find any credible reviews on Legends Realty Atlanta.
Mr. Bob Bennett is the owner of Legends Realty Atlanta. He provides his unmatched personal service throughout the transaction. The company focuses on servicing north Atlanta home sellers, and home buyers.
Your property gets maximum exposure on local and national real estate websites. However, they do not confirm about offering other services like HD photographs, home showings, etc.
4. 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 was headquartered in Seattle in 2002 by Mr. David Eraker. It covers 80+ markets in the US. They have an operating business license in New York as Redfin Real Estate.
It provides an elaborate listing agreement with a marketing plan for your home. However, this agreement specifies an 18-day timeframe for listing your property. Additionally, some customers have expressed concerns about the agent’s professionalism.
5. Duffy Realty
Duffy Realty is a low-commission brokerage based in Atlanta.
- 1% Commission: For a 1% commission you get benefits such as price recommendations, listing paperwork assistance, house showing instructions, etc. The company provides all disclosures needed and resolves any last-minute issues.
👉 Our Take: Duffy Realty provides you with information on current zonal laws and local market updates. You also get a free mobile app to handle your transactions with ease. However, you will not be able to use their services out of Atlanta.
Duffy Realty offers certain advantages:
- Low Commission: The company charges a 1% listing commission, less than the average market rate of 3%. Also, you get access to various services, from house listing to deal closing.
- Local Listing: Duffy Realty lists your property on Metro Atlanta’s multiple listing services. This helps you get maximum visibility from local buyers.
- Free Mobile App: Android and iOS users can download their mobile app for free. You can keep track of your transactions at all steps.
Duffy Realty has a few deal breakers:
- Restricted Coverage: Duffy Realty offers its services only in Atlanta. This may limit the potential buyer pool.
- Additional Expenses: You need to pay extra to hire a real estate photographer. House photos are priced at $175 while land photos cost you $250.
Duffy Realty has a rating of 4.3 out of 5 stars on Google.
Duffy Realty has established itself as a reputable real estate firm with a strong presence in California, Colorado, and South Carolina. They specialize in coastal properties, offering a wide range of options from beachfront homes and condos to commercial spaces.
While Duffy Realty has a strong track record of success, there have been instances where clients have expressed concerns about the speed of the transaction process.
Discount Real Estate Brokers Atlanta: How Much Will You Save?💲
Atlanta 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 $25,770 to sell an average $429,495 house in the Gate City. But, if you choose a flat-rate broker company, you save thousands. With Houzeo’s Gold plan, you only pay $2,576 and save $23,193!
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 Atlanta: Pros and Cons
Even though cheap Realtors in Atlanta 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 Atlanta than a 6% Realtor. Even if you only want to list your home on Georgia MLS, you pay a much lower fee than the typical 3% listing agent fee.
- Receive Full-Service Realtor Services: Discount real estate agents in Atlanta 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 Atlanta 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 Atlanta.
- Unreliable Service Quality: Discounted real estate brokers in Atlanta 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 Atlanta 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 Atlanta
Here are some options if you do not want to opt for a discount Realtor in Atlanta:
- 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 Georgia will help you list on the MLS and increase exposure.
- Sell Your House to Cash Buyers: Almost all cash buyers in Georgia scour the MLS for Atlanta 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 Atlanta. You’ll end up paying a full 5% to 6% commission. That’s $25,770 on a $429,495 home gone!
Frequently Asked Questions
Who are the best discount real estate brokers in Atlanta?
Houzeo.com and Legends Realty Atlanta are the top discount real estate brokers in Atlanta. Both provide an incredible combination of savings and technology. However, Legends Realty Atlanta does not have other services confirmed, 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 Atlanta?
On average, traditional agents in Atlanta charge 5% to 6% of the sale price as commission. On the other hand, discount real estate brokerage firms in Atlanta charge 1% to 3%.
How do I find a discount broker near me in Atlanta?
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 Atlanta?
Yes, you can! Infact, post the NAR Settlement, you can now also negotiate buyer’s agent commissions.