BREAKING NEWS: Post the NAR Settlement, Marco Island discount real estate brokers can save you almost the entire 6% commission. That translates to saving up to $56,100 in commission on an average $935,000 Marco Island home.
Whether you’re selling a house in Tigertrail Beach or Goodland, the best discount real estate brokers in Marco Island 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 $56K on an average Marco Island home.
Rankings: Top 5 Marco Island, FL Discount Real Estate Brokers
We’ve listed the top 5 discount real estate brokers in the La Isla de San Marco based on how much you can save on an average $935,000 home.
| Rank | Discount Real Estate Broker / Company | Listing Fee | Additional Charges | Max Savings | 100% Online | Mobile App |
|---|---|---|---|---|---|---|
| 1. | Houzeo.com | $349 Flat Fee | ❌ | ✅ | ✅ | ✅ |
| 2. | Houwzer | $5,000 Commission | ❌ | ❌ | ❌ | ❌ |
| 3. | GetMoreOffers.com | 1.5% Commission | ❌ | ❌ | ❌ | ❌ |
| 4. | HomeLight | 2.5% Commission | ❌ | ❌ | ❌ | ❌ |
| 5. | Ideal Agent | 2% Commission | ❌ | ❌ | ❌ | ❌ |
Types of Real Estate Discount Brokers in Marco Island, FL
There are two types of Marco Island 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 Florida 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 Marco Island, FL
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.
» 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 Marco Island’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. Houwzer
BEST FOR LOW VALUE HOMES
Listing Fee: 1% of Sale Price4/5
Houwzer is a full-service discount Realtor. It offers:
- 1% Commission: It charges a fixed 1% listing fee on the total home sale price. That’s huge, for a $500,000 home, you’ll pay around $5,000. This 1% fee includes the charges for signs, photography, open houses, negotiation, etc.
👉 Our Take: The 1% commission is a little steep for MLS access. You can consider a Flat Fee MLS alternative for more savings and better tech.
Based on our research, the benefits of Houwzer are:
- Market Exposure: Your listing will be displayed on sites like Realtor.com, Zillow, Trulia, etc.
- Unlimited Showings: Houwzer’s agents are available seven days a week. You can schedule as many private showings as you want.
- Proprietary Software: You can organize your sale easily with Houwzer’s tech tools
Here are some limitations we found with Houwzer:
- Not Ideal for High-Value Homes: Houwzer’s model might not be ideal for luxury homes. For example, selling a house worth $1 million would still mean paying $10,000 in commission.
- Less Personalized Service: Houwzer agents handle multiple clients due to the flat-fee model, which means you might not get one-on-one attention.
Houwzer has an average rating of 4.0 out of 5 stars on Yelp.
» Houwzer Reviews: Check out our detailed reviews on Houwzer.
Houwzer was established in Philadelphia, in 2014. Its easy-to-navigate dashboard lets you chat with the agent and track your listings. Moreover, other services like photography and closing assistance, make your home-selling journey easy.
Houwzer does not provide personalized assistance.
Reviews: 3 Best Fixed Percent Discount Brokers in Marco Island, FL
3. GetMoreOffers.com
66% BUYER REBATE
Listing Fee: Starting at $99Get More Offers is a real estate software management system with a discount real estate broker e-commerce website. They offer three plans:
- FSBO Plan – ($99 upfront): 1-year listing on MyStateMLS (optional) and major real estate sites like Realtor.com, Zillow, etc.
- Solo Plan- ($299 upfront): Ideal for experienced sellers, includes expert transaction management and professional photography.
- Pro Plan – ($699 upfront): Includes full-service representation, expert pricing consultation, and professional photography.
👉 Our Take: Some plans can be counted as budget-friendly options, but they lack hand-holding support. However, they might be better for experienced sellers than for first-time home sellers.
Based on our research, the benefits of Get More Offers are:
- Fast Listing Entry: They have same-day listing to quickly get on the market.
- Control for Sellers: Self-representation options let sellers manage their own listings.
- 100% Online: The paperless system makes the process efficient and hassle-free.
- Market Exposure: Your home gets listed on the local MLS and displayed on all major real estate websites like Realtor.com, Zillow, Trulia, etc.
In our research, we found some red flags of Get More Offers, that could make your experience less satisfactory.
- Cancellation Policy: The PRO plan requires a 60-day cancellation notice, which might be inconvenient for those needing more flexibility.
- Limited Reviews: Even though Get More Offers has been here since 2005, it has no credible reviews.
- Limited Service Area: They are only available in New York and Florida.
No credible reviews were found.
Keith Robert Gordon and his partner, Erin Knorr, started GetMoreOffers.com in 2005. The company is a combination of a real estate software management system and a discount real estate broker e-commerce website.
Get More Offers gives your home far-reaching exposure. Their ‘PRO’ plan includes services like pre-listing consultation, contract negotiations, and professional photography.
4. HomeLight
GOOD AGENT COVERAGE
Listing Fee: 2.5% of sale price4.6/5
HomeLight has a network of thousands of successful real estate agents and brokers. It is an agent-matching tech-platform.
- Standard Commission: HomeLight is a free agent-matching platform. The agent you get through this platform will charge the standard commission of 2% to 3% for listing.
👉 Our Take: HomeLight provides decent agent-matching services. However, the standard listing commission means zero savings for you.
» HomeLight Reviews: The Truth You Need To Know
HomeLight offers a number of advantages to both sellers and buyers:
For Home Sellers:
- Free Agent Matching: The agent matching service from HomeLight is free for home sellers. HomeLight furnishes details of the best real estate agents in your neighborhood. Depending on the agent, the traditional 5% to 6% commission is charged.
- Estimators and Calculators: HomeLight offers Home Value Estimator, Best Time To Sell Calculator, Agent Commissions Calculator, and Net Proceeds Calculator to home sellers.
- HomeLight Simple Sale: HomeLight has a network of pre-approved buyers. If you want to sell your house fast, this option allows you to sell it to a cash buyer within 7 days.
For Home Buyers:
- Home Search Feature: Buyers can search for homes by city, zip code, or address.
- Estimators: HomeLight offers estimators like Home Affordability Calculator, Down Payment Calculator, and Closing Costs Calculator for home buyers.
In our research, we have found some red flags associated with HomeLight.
- Inconsistent Agent Quality: The agents they assign may not work at your convenience. Even the listing speed will be based on the agent selected.
- Off-market Restriction: Registering on HomeLight will get you offers from agents instantly. Although the process is fast, only homes that are off-market are allowed.
HomeLight has an average rating of 4.6 out of 5 from 237 reviews on Sitejabber.
HomeLight is a reputable discount real estate broker company established by Drew Uherwebsite in 2012. It is a common platform where sellers meet the buyers.
They have a huge agent database that handles multiple clients at a time. This could lead to miscommunication and a lack of personalized support.
5. 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.
Discount Real Estate Brokers Marco Island, FL: How Much Will You Save?💲
Marco Island 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 $56,100 to sell an average $935,000 house in the La Isla de San Marco. But, if you choose a flat-rate broker company, you save thousands. With Houzeo’s Gold plan, you only pay $5,104 and save $50,996!
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 Marco Island, FL: Pros and Cons
Even though cheap Realtors in Marco Island 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 Marco Island than a 6% Realtor. Even if you only want to list your home on MLS in Florida, you pay a much lower fee than the typical 3% listing agent fee.
- Receive Full-Service Realtor Services: Discount real estate agents in Marco Island 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 Marco Island 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 FL.
- Unreliable Service Quality: Discounted real estate brokers in Marco Island 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 Marco Island 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 Marco Island, FL
Here are some options if you do not want to opt for a discount Realtor in Marco Island:
- 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 Florida will help you list on the MLS and increase exposure.
- Sell Your House to Cash Buyers: Almost all cash buyers in Florida scour the MLS for Marco Island 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 Marco Island, FL. You’ll end up paying a full 5% to 6% commission. That’s $56,100 on a $935,000 home gone!
Frequently Asked Questions
Who are the best discount real estate brokers in Marco Island, FL?
Houzeo.com and Houwzer are the top discount real estate brokers in Marco Island, FL. Both provide an incredible combination of savings and technology. However,Houwzer does not provide personalized assistance.
» Houzeo Reviews: Find out why 15,000+ home sellers love Houzeo.
How much is the real estate agent fees in Marco Island, FL?
On average, traditional agents in Marco Island charge 5% to 6% of the sale price as commission. On the other hand, discount real estate brokerage firms in Marco Island charge 1% to 3%.
How do I find a discount broker near me in Marco Island, FL?
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 Marco Island, FL?
Yes, you can! Infact, post the NAR Settlement, you can now also negotiate buyer’s agent commissions.
