BREAKING NEWS: Post the NAR Settlement, North Dakota discount real estate brokers can save you almost the entire 6% commission. That translates to saving up to $20,832 in commission on an average $347,200 North Dakota home.
Whether you’re selling a house in Bowman or Grafton, the best discount real estate brokers in North Dakota 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 $20K on an average North Dakota home.
Rankings: Top 5 North Dakota Discount Real Estate Brokers
We’ve listed the top 5 discount real estate brokers in the Roughrider State based on how much you can save on an average $347,200 home.
| Rank | Discount Real Estate Broker / Company | Listing Fee | Additional Charges | Max Savings | 100% Online | Mobile App |
|---|---|---|---|---|---|---|
| 1. | Houzeo.com | $399 Flat Fee | ❌ | ✅ | ✅ | ✅ |
| 2. | Entry Only | $399 Flat Fee | ✅ | ❌ | ❌ | ❌ |
| 3. | List with Freedom | $149 Flat Fee | ❌ | ❌ | ❌ | ❌ |
| 4. | Ideal Agent | 2% Commission | ❌ | ❌ | ❌ | ❌ |
| 5. | UpNest | 4.3% Commission or As Decided by the Agent | ❌ | ❌ | ❌ | ❌ |
Types of Real Estate Discount Brokers in North Dakota
There are two types of North Dakota 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 North Dakota 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: 3 Best Flat Rate Discount Real Estate Companies in North Dakota
1. Houzeo.com
#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.
» 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 $12,511.
- 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 10,100+ happy customers, Houzeo is the most trusted discount real estate broker.
Houzeo is North Dakota’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. Entry Only
Flat-Fee MLS Listing Service
Listing Fee: $3994.8/5
Entry Only is a discount real estate brokerage with national coverage. They mainly cater to home sellers but have some services for buyers as well.
For Home Sellers:
Entry Only offers 2 flat fees MLS packages and a full representation package:
- Basic ($399): Includes a 6-month MLS listing, 20 photos, transaction coordination, flyers, buyer lead forwarding, and a yard sign.
- Enhanced ($699): All features of the Basic package + contract review.
- Premium ($999): This is a full-service package. It includes all services of the Enhanced package + negotiations before/after inspections and closing assistance.
For Home Buyers:
- Buyer’s Rebate: The buyers who choose Entry Only as their representative get up to 50% of the buyer agent’s commission as a rebate.
👉 Our Take: EntryOnly is ideal for sellers who are comfortable managing their sale process and looking to save money on listing commissions. If you’re new to selling, you might find the process challenging.
Entry Only offers the following advantages:
- Buyer Lead Forwarding: All email inquiries will be forwarded to the sellers. In addition to this, Entry Only has a 24/7 receptionist service to redirect buyers and agents to sellers.
- Closing Assistance: Entry Only strives to make the closing process smoother by coordinating with buyer agents, lenders, appraisers, home inspectors, attorneys, and title companies.
- Buyer Services: Home buyers get assistance with property search, tours, offers, negotiation, contracts, and closing.
Entry Only offers the following disadvantages:
- Expensive Upgrades: Entry Only offers a significant number of listing upgrades. However, the ones that may boost the sale of your house, like expedited MLS entry, and secondary MLS listing, are steeply-priced.
Entry Only has a rating of 4.8 out of 5 on Trustpilot.
Entry Only is a part of the HomeZu network. With more than 20 years of experience, Jason Saphire, the managing broker, has cultivated an excellent reputation in the industry.
However, the company’s add-on services are not as competitively priced as their packages. Past sellers appreciate their low turnaround time and prompt service.
3. List With Freedom
NO PRICING ASSISTANCE
Listing Fee: $89 Onwards3.9/5
List With Freedom is a MLS listing service provider. It offers 3 packages for home sellers:
- Gold Package ($89): This package allows you to list your house for 6 months. You can upload only 6 photos with unlimited changes. Add-on services like open houses and upload home virtual tours are charged separately.
- Platinum Package ($195): Sellers prefer this package. It allows you to upload maximum photos with unlimited changes.
- Platinum+ Package ($395): You can list your house for 12 months with maximum photo uploads. This package covers online showing service with no additional charge.
- Additional Services: For both Gold and Platinum packages, sellers can opt for a Personal Transaction Coordinator Service for $395, open houses at $25 each, and a virtual tour for $40. The Platinum+ Package includes all these features in its base price.
👉 Our Take: List With Freedom can be a decent choice for experienced sellers who do not require any assistance.
List With Freedom is one of the oldest Flat Fee MLS service providers. It offers certain advantages:
- Unlimited Listing Changes: You can make an unlimited number of modifications to your listings with any of their packages.
- Buyer Leads Forwarded: All buyer leads are directly forwarded to you with no agent involvement. This means you can avoid back and forth of any information and directly negotiate with the buyer.
- Quick Listing: It allows faster house syndication to real estate websites compared to other brokerages.
List With Freedom has certain shortcomings:
- Additional Costs: List With Freedom charges a 0.25% to 0.5% compliance fee. Gold and Platinum packages charge additional fees of $25 and $40 for open house and virtual home tours respectively.
- Limited Support: It primarily operates as a self-service platform, offering minimal customer support. Sellers needing hands-on guidance may find this insufficient.
- Negotiation Challenges: Sellers may find it difficult to negotiate offers without the guidance of an experienced agent.
List With Freedom has a rating of 3.9 out of 5 stars on Trustpilot.
» List With Freedom Reviews: Read the customer’s feedback before choosing them.
Jim Tyminski established ListWithFreedom in 2005. It offers its services across all the US states. ListWithFreedom offers a quick and simple listing process.
You can only list your house on MLS. It does not provide any pricing or negotiation assistance.
Reviews: 2 Best Fixed Percent Discount Brokers in North Dakota
4. 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?
Steve Johnston established ldeal Agent in 2016. It is headquartered in Tampa. It offers all the traditional realtor services with a 2% commission on home sale value.
Ideal Agent lacks a modern technology system. Customers who have used their services have complained about hidden charges.
5. UpNest
Negotiable FEES
Listing Fee: Varies as per the agent4.7/5
UpNest offers agent-matching services. Here’s how it works:
- No Upfront Cost: UpNest connects you with top local real estate agents at no upfront cost. Agents will discuss commission rates, fees, and potential discounts directly with you.
👉 Our Take: With UpNest you get multiple real estate agent options to choose from. However, agents’ commission rates and qualifications can vary significantly, and the quality of service may depend on the broker you select.
Here’s what UpNest offers:
- Multiple Agent Proposals: Get 3–5 commission quotes from top local agents. Compare options easily without contacting agents yourself.
- Quick Turnaround: Receive agent matches within 24 hours of signing up.
- Transparent Pricing: View all commission rates and potential savings upfront. There are no hidden fees or pressure to commit.
- Nationwide Coverage: It offers service throughout the US. It connects you with the local agent who has current market insights.
Here are some of the downsides of working with UpNest:
- No Guaranteed Savings: UpNest does not offer guaranteed savings. Instead, each agent sets their own listing fee.
- No Control Over Agent Selection: UpNest shows you commission quotes from selected agents. As a result, you might miss out on other qualified agents who are part of their network.
UpNest has a rating of 4.7 out of 5 stars on Google.
» UpNest Reviews: Is UpNest actually saving you money in 2024? Read to find out.
UpNest is a licensed agent-matching brokerage. It is headquartered in California. Move, Inc.,(Realtor.com the parent company) acquired Upnest in June 2022.
UpNest pairs you with local agents with a proven sales record. However, you may end up fixing a high commission for the agent.
Discount Real Estate Brokers North Dakota: How Much Will You Save?💲
North Dakota 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 $17,967 to sell an average $299,450 house in the Roughrider State. But, if you choose a flat-rate broker company, you save thousands. With Houzeo’s Gold plan, you only pay $2,165 and save $18,667!
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 North Dakota: Pros and Cons
Even though cheap Realtors in North Dakota 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 North Dakota than a 6% Realtor. Even if you only want to list your North Dakota home on MLS, you pay a much lower fee than the typical 3% listing agent fee.
- Receive Full-Service Realtor Services: Discount real estate agents in North Dakota 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 North Dakota 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 ND.
- Unreliable Service Quality: Discounted real estate brokers in North Dakota 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 ND 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 North Dakota
Here are some options if you do not want to opt for a discount Realtor in North Dakota:
- 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 North Dakota will help you list on the MLS and increase exposure.
- Sell Your House to Cash Buyers: Almost all cash buyers in North Dakota scour the MLS for North Dakota 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 North Dakota. You’ll end up paying a full 5% to 6% commission. That’s $17,967 on a $299,450 home gone!
Frequently Asked Questions
Who are the best discount real estate brokers in North Dakota?
Houzeo.com and Entry Only are the top discount real estate brokers in North Dakota. Both provide an incredible combination of savings and technology. However, Entry Only's add-on services are not competitively priced, 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 North Dakota?
On average, traditional agents in North Dakota charge 5% to 6% of the sale price as commission. On the other hand, discount real estate brokerage firms in North Dakota charge 1% to 3%.
How do I find a discount broker near me in North Dakota?
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 North Dakota?
Yes, you can! Infact, post the NAR Settlement, you can now also negotiate buyer’s agent commissions.
