BREAKING NEWS: Post the NAR Settlement, San Antonio discount real estate brokers can save you almost the entire 6% commission. That translates to saving up to $16,050 in commission on an average $267,500 San Antonio home.
Whether you’re selling a house in Leon Valley or Tobin Hill, the best discount real estate brokers in San Antonio 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 $16K on an average San Antonio home.
Rankings: Top 5 San Antonio Discount Real Estate Brokers
We’ve listed the top 5 discount real estate brokers in the Alamo City based on how much you can save on an average $267,500 home.
| Rank | Discount Real Estate Broker / Company | Listing Fee | Additional Charges | Max Savings | 100% Online | Mobile App |
|---|---|---|---|---|---|---|
| 1. | Houzeo.com | $399 Flat Fee | ❌ | ✅ | ✅ | ✅ |
| 2. | Rebate Haus | $1,499 Onwards | ❌ | ❌ | ❌ | ❌ |
| 3. | Red Pear Realty | 1.5% Commission | ✅ | ❌ | ❌ | ❌ |
| 4. | Redfin | 1% Commission | ❌ | ❌ | ❌ | ✅ |
| 5. | UpNest | 4.3% Commission or As Decided by the Agent | ❌ | ❌ | ❌ | ❌ |
Types of Real Estate Discount Brokers in San Antonio
There are two types of San Antonio 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 Texas 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
Reviews: 2 Best Flat Rate Discount Real Estate Companies in San Antonio
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.
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 San Antonio’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. Rebate Haus
FLAT FEE SERVICES
Listing Fee: $1,499 Onwards
5/5
(60+ Reviews)Rebate Haus, rebranded as Housifitx, is a discount real estate broker in Texas offering home sellers flat-fee listing services.
For Home Sellers:
- Flat Fee Packages ($1,499 – $5,999): This flat fee rate ranges from below $200K to $499K. The flat fee includes services like professional photography, 3D virtual tours, professional staging, contract negotiations, and more.
👉 Our Take: Housifitx is a good option for selling your home in Texas. Their services, like consultations, staging, and marketing, could save you thousands. However, ensure their approach fits your needs.
Housifitx offers the following advantages to home sellers:
- No Obligation Listing Appointment: Housifitx agents meet with home sellers to discuss property listing and home preparation. These free sessions give the sellers a chance to decide how to proceed.
- Multiple MLS Listings: They list your property not only on the local MLS but also on the surrounding MLS systems. This can increase exposure and get you more offers quickly.
In our research, we did not come across any red flags associated with Rebate Haus. However, the only scope for improvement is in terms of the use of technology in services.
Rebate Haus has a 5-star rating on Zillow and Google Reviews.
Rebate Haus is a discount broker providing services to various locations in the state of Texas. They have different flat fee rates for home sellers based on the value of the property and several types of rebates that home buyers can avail of.
Although they have received great reviews from clients, there is scope for increasing the use of technology in services.
Reviews: 3 Best Fixed Percent Discount Brokers in San Antonio
3. Red Pear Realty
BUYER REBATE
Closing Fee: 1.5% of the sale price5/5
Red Pear Realty is a discount realty based in Texas. They offer full-service representation at a low commission.
- 1.5% Commission: This is a full-service package that includes MLS listing, contract preparation, assistance with negotiation, home inspection, and closing.
👉 Our Take: Red Pear Realty can be beneficial for both buyers and sellers. The buyer rebate offered is significant and it can be used to cover closing costs, lower the purchase price, or lower the mortgage rate.
Red Pear Realty offers the following advantages to home sellers:
- Professional and Knowledgeable Agent: Clients have reported that Felipe Mendoza, the main broker at Red Pear Realty, knows a lot about market trends and provides guidance at every step.
- Quick Home Sale: Customers who have worked with the firm have claimed that their homes got sold very quickly.
- Assistance with Home Purchase: Home buyers are also satisfied with the service provided in finding the ideal home at the right price.
In our research, we came across some red flags associated with Red Pear Realty:
- Chargeable Services: The firm charges $100-$150 to arrange showings. They also charge $250 for the CMA Report and $150 for Sales Comparables. Please note that most firms do not charge an additional fee for these services.
- Limited Coverage: Red Pear Realty only offers its services in Texas.
Red Pear Realty has a 5-star rating from 24 reviews on Google.
Red Pear Realty provides its services to home buyers and sellers in every city of Texas. They have excellent reviews from customers. They provide low-commission packages for sellers and a substantial rebate for buyers.
However, they have additional charges for services which are generally included in full-service packages. This can increase the overall cost of their services.
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. 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 connects you with agents in your area by utilizing technology and market data. They partner with top agents from leading national brokerage firms across the U.S.
However, your savings are not guaranteed. Your ability to negotiate would be the key factor in the deal. In other words, you may end up paying more commission, or discount rates won’t go low as you expected.
Discount Real Estate Brokers San Antonio: How Much Will You Save?💲
San Antonio 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 $16,050 to sell an average $267,500 house in the Alamo City. But, if you choose a flat-rate broker company, you save thousands. With Houzeo’s Gold plan, you only pay $1,767 and save $14,284!
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 San Antonio: Pros and Cons
Even though cheap Realtors in San Antonio 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 San Antonio than a 6% Realtor. Even if you only want to list your home on Texas MLS, you pay a much lower fee than the typical 3% listing agent fee.
- Receive Full-Service Realtor Services: Discount real estate agents in San Antonio 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 San Antonio 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 TX.
- Unreliable Service Quality: Discounted real estate brokers in San Antonio 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 TX 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 San Antonio
Here are some options if you do not want to opt for a discount Realtor in San Antonio:
- 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 Texas will help you list on the MLS and increase exposure.
- Sell Your House to Cash Buyers: Almost all cash buyers in Texas scour the MLS for Texas 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 San Antonio. You’ll end up paying a full 5% to 6% commission. That’s $16,050 on a $267,500 home gone!
Frequently Asked Questions
Who are the best discount real estate brokers in San Antonio?
Houzeo.com and Red Pear Realty are the top discount real estate brokers in San Antonio. Both provide an incredible combination of savings and technology. However, Red Pear Realty has additional charges on services, 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 San Antonio?
On average, traditional agents in San Antonio, charge 5% to 6% of the sale price as commission. On the other hand, discount real estate brokers charge 1% to 3% commission.
How do I find a discount broker near me in San Antonio?
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 San Antonio?
Yes, you can! Infact, post the NAR Settlement, you can now also negotiate buyer’s agent commissions.
