You save a whopping $13,521 when selling a median-priced $450,700 home in Arizona. But how? With a discount real estate broker in Arizona, you can skip the hefty 3% listing agent commission. This allows you to list your home for as low as 1% or a flat fee and save thousands of dollars!
That’s not it! These brokers help you list your property on the MLS giving maximum exposure as 43% of buyers search properties online. In addition, discount brokers offer affordability with full service making them ideal for cost-conscious sellers.
Rankings: Top 5 Arizona Discount Real Estate Brokers
As Arizona’s real estate market continues to rebound post-Hurricane Idalia, home sellers are exploring ways to cut costs. With rising repair and insurance premiums, sellers want to retain more of their home sale profits.
One effective way to do this is to sell with a discount real estate broker in Arizona. They offer lower commission rates and services compared to traditional Realtors. We’ve ranked the top 5 discount brokerages in the Grand Canyon for you to choose from.
| Rank | Discount Real Estate Broker / Company | Listing Fee | Additional Charges | Max Savings | 100% Online | Mobile App |
|---|---|---|---|---|---|---|
| 1. | Houzeo.com | $399 Flat Fee | ❌ | ✅ | ✅ | ✅ |
| 2. | AZ Flat Fee | $3,500 Flat Fee | ❌ | ❌ | ❌ | ❌ |
| 3. | Ideal Agent | 2% Commission | ❌ | ❌ | ❌ | ❌ |
| 4. | Redfin | 1% Commission | ❌ | ❌ | ❌ | ❌ |
| 5. | Trelora | 1% Commission | ❌ | ❌ | ❌ | ❌ |
What Are the Types of Discount Real Estate Brokers?
Arizona sellers can choose from two main types of discount real estate brokers. Each of these cater to the unique needs of the home sellers:
- Flat Rate Discount Brokers: Also known as Flat Fee MLS companies, they charge a fixed upfront fee to list your home on the MLS. A Flat Fee MLS service costs between $399 to $4,000. These services offer maximum exposure for a low fee.
- Fixed Percentage Discount Brokers: These discount Realtors charge a fixed percentage of the home’s sale price. Typically, this percentage is lower than the traditional 3%. Depending on the broker, these rates may vary from 1% to 2.5%.
Reviews: 2 Best Flat Rate Discount Real Estate Companies in Arizona
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 a stellar 4.9/5 customer rating. It also provides coverage in 47 states + DC, making it one of the few services with nationwide reach.
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, Houzeo home sellers save $12,231.
- 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 10,100+ happy customers on Google Reviews and Trustpilot!
Houzeo Reviews: With over 10,100+ happy customers, Houzeo is the most trusted discount real estate broker.
Houzeo is the #1 discount real estate broker in Arizona. The company provides features like IntelliList management to simplify your listing process. Besides this, you get 5-star customer support, advanced technology, showings management, and offers all at your fingertips.
2. Ideal Agent
Agent Matching Service
Listing Fee: 2% of Sale Price5/5
Ideal Agent is an agent matching company. It offers a single listing package for sellers:
- 2% Commission: Ideal Agent charges a 2% commission to the listing agent, which is lower than traditional rates (typically 2.5 – 3%). On an average home price of $400,000, you will be charged $8,000.
👉 Our Take: The 2% listing fee is competitive, however, the buyer’s agent still gets a 2.5 – 3% commission, bringing the total commission to around 4.5 – 5%. The savings are notable but not as significant as flat-fee brokers.
Ideal Agent stands out with several attractive offerings:
- Top Agents: The platform only works with experienced agents from major brokerages like Keller Williams Realty and RE/MAX.
- National Network: Coverage extends across the U.S., making it a versatile option for sellers nationwide.
It’s important to be aware of these potential drawbacks:
- Limited Savings: Despite the reduced listing commission, the total commission cost isn’t drastically different from standard agents.
- Agent Pool: In less populated areas there may be fewer agents to choose from, limiting flexibility.
Ideal Agent has a rating of 5 out of 5 on Trustpilot.
» Ideal Agent Reviews: Does Ideal Agent benefit you in the 2024 market?
Ideal Agent is an agent-matching service headquartered in Florida. It connects sellers and buyers with partner agents in its network.
These agents pre-negotiate their commission with Ideal Agent. This fee is higher than the other agent matching services. You will have to pay a 2% commission, from which the broker pays 25% to the company as a referral fee.
Reviews: 3 Best Fixed Percent Discount Brokers in Arizona
3. AZ Flat Fee
TOP RATED
Listing Fee: Starting at $3,5004.9/5
240+ Reviews
AZ Flat Fee is a top-rated discount real estate brokerage based in Phoenix, Arizona. It offers 3 packages:
- Basic – $3,500 + $500: This package includes full-service listing with professional photos, MLS marketing, a sign and lockbox, and an agent to help with showings and negotiations. Suitable for homes listed under $400k.
- Standard – $5,500 + $500: It includes everything from the Basic package plus Zillow Express Video, paid ads, open houses, and twilight or drone photos. Ideal for homes priced between $400k and $900k.
- Deluxe – $9,500 + $500: It includes everything from the Standard package plus 3D Matterport, HD property videos, targeted ads, and a property brochure. Best for homes over $900k.
👉 Our Take: AZ Flat Fee is a great option if you are looking specifically for flat fee real estate brokerages, as they provide full service and have great customer feedback.
AZ Flat Fee offers the following advantages:
- In-House Agents: Full-time agents handle everything from showings to negotiations. This service is included in all packages.
- Flexible Pricing: You can choose from three packages based on your home’s value.
- Professional Photography: Included with the flat fee, ensuring homes are well-represented in listings.
Here are some downsides of working with AZ Flat Fee:
- Upfront Costs: There is a $500 listing fee required upfront with every package.
- Expensive for Higher-Priced Homes: The basic package is affordable, but for homes valued at $900k+, you need to pay $9,500. This cost is close to traditional commission rates.
- Limited Features for Low-Cost Properties: Advanced marketing features like HD walkthrough videos and drone photography are only available in the Deluxe packages.
- Local Market Restriction: AZ Flat Fee focuses on Arizona, limiting its services to that region only.
AZ Flat Fee has a rating of 4.9 out of 5 on Google.
AZ Flat Fee is a Phoenix-based flat fee, full-service Realtor. They provide a range of services to help homeowners throughout the selling process.
AZ Flat Fee has good customer reviews, which makes them more trustworthy.
4. Redfin
#1 Nationwide Brokerage
1% Listing Fee3.7/5
Redfin offers services in 100+ real estate markets across the country in 49 states.
- Redfin Full-Service Agent – 1% Commission: This package includes pricing assistance, listing paperwork, negotiation support, etc.
- Redfin Premier Agent – 1.5% Commission: This package is exclusively for luxury properties and includes everything that comes with the Full-Service package.
👉Our Take: When you opt for Redfin you might get their service 3x faster than the traditional method. However, you may not get personalized attention with less no. of agents for home staging, showings, etc.
Here are some advantages of choosing Redfin:
- Advanced Technology: Redfin is primarily known for its high-tech platform and mobile app.
- Near Nationwide Coverage: Redfin covers 49 states in the US.
- Easy Deal Closings: Redfin agents guide you through paperwork, marketing plans, and negotiations to make your closing easy and faster.
Here are some drawbacks of Redfin based on their customer reviews:
- Pricing Inaccuracy: Many sellers have complained that a lot area, a gated compound, or a city location are not considered during valuation.
- Slow Listing Process: According to Redfin’s listing agreement, a Redfin property takes 18 days to list on MLS. Services like Houzeo will list you on the MLS within 24 to 48 hours.
- Lack of Customer Service: There are a few negative reviews about the lack of personal attention by Redfin agents.
- Limited Agent Selection: As per customer reviews, Redfin lacks an array of agents. This means you get an agent assigned automatically without having any choice in the matter.
- Lack of Personalized Services: Due to agents handling multiple clients at once, customers have often complained that Redfin agents are not able to give personalized service.
Redfin has an average rating of 3.3 out of 5 stars on Yelp and an average of 3.7 out of 5 stars on Google.
» Redfin Reviews: Read more to make an informed decision before selling your home.
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. Trelora
FULL-SERVICE REALTY
Listing Fee: 1% of sale price at closing4.3/5
130+ Reviews
Trelora is a full-service realty. It simplifies home ownership and makes real estate transactions transparent and fair.
- 1% of the Sale Price at Closing: Trelora lists and advertises your home on multiple marketplaces at just 1% of the sale price, which is typically a minimum of $3,000.
- 1% Buyer Broker Commission: Trelora offers just 1% buyer broker commission, with an option to cancel anytime until you go under contract.
👉 Our Take: Trelora is a good choice for sellers who prioritize savings and simplicity, but those who need hands-on agent attention may want to consider alternatives.
Here’s what makes Trelora a suitable option for your real estate transaction:
- Market Exposure: Along with the local MLS, your listing will also be advertised on sites like Realtor.com, Zillow, Trulia, etc.
- No Hidden Fees: Trelora doesn’t charge any hidden fees. The cost of all their services is included in the 1% of the sale price.
- Professional Photographers: Trelora’s listing package includes professional photography of your house to highlight its features.
There are some disadvantages of Trelora that you should consider, including:
- Lack of Personalized Support: Trelora might be less suitable if your situation is complicated and requires more personalized support.
- Limited Coverage: Trelora is available only in Arizona, California, Colorado, Georgia, Illinois, North Carolina, South Carolina, and Washington.
- Weak Customer Support: Customers have experienced a lack of clear communication while working with Trelora agents.
Trelora has an average rating of 4.3 out of 5 on Yelp.
» Trelora Reviews: Check out the customer reviews that can help you know more about Trelora.
Joshua Hunt established Trelora in 2011. It is headquartered in Denver, Colorado. Trelora was acquired by Houwzer, a prominent real estate firm, in December 2022.
Trelora does not assign a dedicated agent to home sellers. Instead, they connect you with a different agent at every step of the process. This may lead to delays, mistakes, and miscommunication.
How Much Will You Save With a Discount Real Estate Broker in Arizona?
You could save up to $10,839 when selling a median-priced $450,700 home with a Flat Fee MLS service in Arizona.
However, if you pay a standard 3% commission fee, you’d have to pay a whopping $13,521 to your listing agent. But, with Houzeo’s Gold plan, you will only pay $429 with a 0.5% charge at closing.
| Details | Traditional Realtor (3%) | Houzeo’s Flat Fee |
| Median sale price | $450,700 | $450,700 |
| Listing Price | $13,521 | $2,682 |
| Savings | $0 | $10,839 |
» Read these exclusive Houzeo reviews to know why it is one of the best discount real estate brokers in Arizona!
How to Find a Discount Real Estate Broker in Arizona Near Me?
Here’s a list of the best discount Realtors in the most popular cities of the Grand Canyon State.
| 1. Phoenix, AZ | Discount Real Estate Brokers in Phoenix, AZ |
Pros and Cons of Discount Realtors in Arizona
Discount real estate brokers in Arizona offer a great way to save. While this cost-saving option sounds good, it’s important to weigh both the pros and cons:
✅ Pros
- Lower Fees: You’ll pay less than a traditional 3% Realtor. And get access to all the features and tools for a much lower fee.
- Full-Service Support: Discount real estate agents in Arizona offer all basic home-selling services. This includes assistance with how to price your home, marketing, paperwork, and negotiations.
- MLS Access: Discount brokers help you list your home on the MLS in Arizona, providing exposure to a maximum no. of buyers.
❌ Cons
- Hidden Fees: Some discount brokerages in Arizona may charge hidden fees for additional a la carte services. You must do your research and opt for the best discount Realtors in FL.
- Inconsistent Service: Some discounted brokers in Arizona handle multiple clients at once, so personalized attention may be limited. They do this to make up for the reduced commission rate.
- High Cancellation Fees: A few of the discount brokers may impose a significant withdrawal fee if you cancel your agreement within a specific time frame.
Alternatives to Discount Real Estate Brokers in Arizona
Here are some other options to consider for selling a house in Arizona:
- For Sale By Owner Companies: In a FSBO sale, you have to handle every step from listing to paperwork. You can choose For Sale By Owner websites in Arizona that provide MLS access.
- Cash Buyers: Cash buyers in Arizona, including iBuyers, investors, and home flippers, actively search on the MLS for the listed properties.
- Full-Service Realtor: If you can’t handle the process yourself, you can opt for the traditional home-selling method. But, you’ll have to pay a 3% commission fee.
Frequently Asked Questions
What are the best discount real estate brokers in Arizona?
The top discount real estate brokers in Arizona are Houzeo.com and Ideal Agent. However, Houzeo stands #1 with its 4.9-star rating based on thousands of customer reviews compared to Ideal Agent's.
How much is the real estate agent fees in Arizona?
On average, traditional agents in Arizona charge a whopping 3% of the sale price as commission. On the other hand, discount real estate brokerage firms in Arizona charge a flat fee or a fixed percent of 1%.
How do I find a discount real estate broker near me in Arizona?
To find a discount Realtor near you, check online reviews and ratings of local discount brokers. Houzeo can list your home on the MLS within 24 to 48 hours and lets you review and compare offers, manage showings everything with mobile app.
