BREAKING NEWS: Post the NAR Settlement, Georgia discount real estate brokers can save you almost the entire 6% commission. That translates to saving up to $22,710 in commission on an average $378,500 Georgia home.
Whether you’re selling a house in Atlanta or Athens, the best discount real estate brokers in Georgia 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 $22K on an average Georgia home.
Rankings: Top 5 Georgia Discount Real Estate Brokers
We’ve listed the top 5 discount real estate brokers in the Peach State based on how much you can save on an average $378,500 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 Georgia
There are two types of Georgia 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 Georgia
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 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.
» 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, 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 Georgia’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
You can choose from 3 Flat Fee MLS listing packages to sell your house.
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Basic Package – $99: You can upload up to a maximum of 24 or 48 pictures, depending on your regional MLS. This package offers services in 12 states.
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Enhanced Package – $399: You can post as many photos as you want and also add a virtual tour video to your listing. This package too offers services in 12 states. This package includes a yard sign.
- Concierge service – $599 + 1% Commission: You can access a full immersive 3D tour. This package too offers services in 12 states.
👉 Our Take: Beycome’s prices are reasonable, and their technology is useful. However, keep in mind that you have to pay a minimum closing price of $1,599.
Below are the advantages of listing with Beycome:
- Open House & Marketing Tools: Beycome provides you with free tools, such as an open house scheduler, customizable flyers, and promotional materials, to streamline the selling process.
- Enhanced Digital Advertising: You can benefit from digital advertising tools, including social media sharing and YouTube video tours.
In our research, we came across some drawbacks of listing with Beycome:
- Limited Agent Support: Unlike traditional real estate agents who provide hands-on guidance, the basic and enhanced packages offer minimal agent involvement.
- Regional Availability: Beycome is not available nationwide, and only operates in select states. If you reside outside these areas, you will need to seek other options.
- Limited Negotiation Support: You get professional negotiation support only if you opt for the Concierge package.
Beycome has 4.5 out of 5 stars from 700+ 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 and offer legal forms, seller disclosures, an Open House scheduler, and customer support.
Beycome operates like a traditional realtor which includes manual processes. You’ll have to be very diligent and manage leads manually outside the platform.
Reviews: 3 Best Fixed Percent Discount Brokers in Georgia
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 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. 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 Georgia: How Much Will You Save?💲
Georgia 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 $22,710 to sell an average $378,500 house in the Peach State. But, if you choose a flat-rate broker company, you save thousands. With Houzeo’s Gold plan, you only pay $2,322 and save $20,389!
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 Georgia: Pros and Cons
Even though cheap Realtors in Georgia 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 Georgia 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 Georgia 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 Georgia 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 GA.
- Unreliable Service Quality: Discounted real estate brokers in Georgia 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: A GA 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 Georgia
Here are some options if you do not want to opt for a discount Realtor in Georgia:
- 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 Georgia 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 Georgia. You’ll end up paying a full 5% to 6% commission. That’s $22,710 on a $378,500 home gone!
Frequently Asked Questions
Who are the best discount real estate brokers in Georgia?
Houzeo.com and Beycome are the top discount real estate brokers in Georgia. Both provide an incredible combination of savings and technology. However, Beycome involves a lot of manual processes 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 Georgia?
On average, traditional agents in Georgia charge 5% to 6% of the sale price as commission. On the other hand, discount real estate brokerage firms in Georgia charge 1% to 3%.
How do I find a discount broker near me in Georgia?
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 Georgia?
Yes, you can! Infact, post the NAR Settlement, you can now also negotiate buyer’s agent commissions.