BREAKING NEWS: Post the NAR Settlement, Las Vegas discount real estate brokers can save you almost the entire 6% commission. That translates to saving up to $26,039 in commission on an average $433,975 Las Vegas home.
Whether you’re selling a house in Henderson or Summerlin, the best discount real estate brokers in Las Vegas 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 $26K on an average Las Vegas home.
Rankings: Top 5 Las Vegas Discount Real Estate Brokers
We’ve listed the top 5 discount real estate brokers in the Sin City based on how much you can save on an average $433,975 home.
| Rank | Discount Real Estate Broker / Company | Listing Fee | Max Savings | 100% Online | 5-Star Reviews* | Mobile App |
|---|---|---|---|---|---|---|
| 1. | Houzeo.com | $349 Flat Fee | ✅ | ✅ | ✅ | ✅ |
| 2. | Vegas Flat Fee | $2,399 commission | ❌ | ❌ | ❌ | ❌ |
| 3. | Sell My Home LV | 1% commission | ❌ | ❌ | ❌ | ❌ |
| 4. | Home Rebate Nevada | 1% commission | ❌ | ❌ | ❌ | ❌ |
| 5. | Redfin | 1.5% Commission | ❌ | ❌ | ❌ | ✅ |
Types of Real Estate Discount Brokers in Las Vegas
There are two types of Las Vegas 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 Las Vegas
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 America’s #1 ranked real estate brokerage company. It provides an unbeatable combination of max savings, 5-star customer support, and cutting-edge technology.
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 Las Vegas
3. Sell My Home LV
1% COMMISSION
Listing Fee: 1% of the sale priceSell My Home LV is a 1% commission realtor that is part of the Platinum Real Estate Professionals group.
- 1% Commission: This package includes full-service representation, a professional photo shoot, and more. They also offer professional online virtual tours of some listed properties.
👉 Our Take: Sell My Home is worth considering for its low commission services. However, it has no online reviews or ratings, making it less reliable.
Sell My Home LV offers certain advantages:
- Market Exposure: In addition to Michigan MLS, Sell My Home LV lists your home on websites like Zillow, Redfin, and more than 1,100 others.
- Experienced Team: Their agents have been in business for over 20 years, demonstrating good knowledge and significant experience in local real estate market.
- Cashback for Short Sale: Sell My Home LV offers cashback on short sales. Their experienced agents guide you throughout the process.
Sell My Home has certain disadvantages:
- Limited Coverage: Sell My Home LV offers services in Las Vegas and nearby regions, limiting the customer base. This reduces the probability of attracting potential buyers.
- No Credible Reviews: Sell My Home has not been rated on credible review sites, so the quality of its services cannot be ascertained.
We couldn’t find any credible reviews on Sell My Home LV.
Sell My Home is part of the Platinum Real Estate Professionals group. They sell your home for a 1% commission, considerably less than the market average of 3%
However, Sell My Home has no ratings on credible review sites. This makes them less reliable.
4. Home Rebate Las Vegas, NV
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 Las Vegas, NV, 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
5. Redfin
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.
Discount Real Estate Brokers Las Vegas: How Much Will You Save?💲
Las Vegas 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 $26,039 to sell an average $433,975 house in the Sin City. But, if you choose a flat-rate broker company, you save thousands. With Houzeo’s Gold plan, you only pay $2,599 and save $23,440!
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.
Lara Shane Saved $24,000 With Houzeo, You Can Too!
Start Your Home Selling Journey
Discount Realtors in Las Vegas: Pros and Cons
Even though cheap Realtors in Las Vegas 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 Las Vegas 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 Las Vegas 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 Las Vegas 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 Las Vegas 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 MI 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 Las Vegas
Here are some options if you do not want to opt for a discount Realtor in Las Vegas:
- 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 Las Vegas scour the MLS for Las Vegas 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 Las Vegas. You’ll end up paying a full 5% to 6% commission. That’s $26,039 on a $433,975 home gone!
Frequently Asked Questions
Who are the best discount real estate brokers in Las Vegas?
Houzeo.com and Vegas Flat Fee are the top discount real estate brokers in Las Vegas. Both provide an incredible combination of savings and technology. However, Vegas Flat Fee doesn't have any credible reviews 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 Las Vegas?
On average, traditional agents in Las Vegas charge 5% to 6% of the sale price as commission. On the other hand, discount real estate brokerage firms in Las Vegas charge 1% to 3%.
How do I find a discount broker near me in Las Vegas?
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 Las Vegas?
Yes, you can! Infact, post the NAR Settlement, you can now also negotiate buyer’s agent commissions.
