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Best 1% commission realtors | How do 1% commissions work? | Find 1% commission realtors near me
A 1% commission realtor can save you thousands of dollars in listing fees when you sell your home. For example, on a $450,000 home sale, you’d save around $8,000 by paying a 1% listing fee instead of the average 2.83%.
Only a handful of real estate brokers offer true 1% listing fees. The best discount real estate brokers we found charge rates around 1–1.5% and have strict screening criteria for their agents. They provide an outstanding customer experience while still offering major savings.
💰 Just looking for low commission real estate agents near you? Fill out this short form to get matched with top local agents offering a 1.5% listing fee!
The best 1% commission realtors for 2024
Company | Our Rating | Listing Fee | Best for | Availability | |
---|---|---|---|---|---|
Best overall
Clever Real Estate |
Our rating
|
1.5%
Min. $3,000
|
Comparing multiple top-producing agents, realtor fee savings
|
Nationwide
|
Find Agents |
Redfin |
Our rating
|
1.5%
Min. fee varies
|
Buy & sell savings, digital marketing
|
26 states and Washington, DC
|
Learn more |
SimpleShowing |
Our rating
|
1%
Min. $5,000
|
Sellers and buyers of homes over $500k
|
FL, GA, TX
|
Learn More |
Houwzer |
Our rating
|
1%
Min. $2,500
|
Listing fee savings
|
DC, FL, MD, NJ, PA, VA
|
Learn More |
Listing Fee
Active Since
Buyer Savings
✍️ Our take
Pros and cons
Company details
Clever Real Estate is the best option for sellers looking to save on realtor commissions. Its 1.5% listing fee is among the lowest of any full-service, nationwide brand. You save thousands on commission and work with top local realtors from well-known brokerages, like RE/MAX and Keller Williams.
Pros
- 1.5% listing fee is half the typical rate.
- Agents have strong sales records and great customer reviews.
- Free agent-finding platform with no obligation to sign with a realtor.
Cons
- Add-ons like drone photography and staging may cost extra.
- May not get matched with a specific realtor if they’re not in Clever’s network.
- Service that matches sellers and buyers with full-service real estate agents
- Sellers pay a pre-negotiated 1.5% listing fee (half the average rate) to their realtor after a successful home sale
- Sellers are responsible for paying a competitive buyer’s agent commission, usually 2.5-3% depending on the market
- To join Clever’s network, real estate agents must be top performers in their local market, have 5+ years of experience, and demonstrate a track record of positive customer reviews
- Clever has a 5/5 rating across 3,180 online reviews
- Accredited through the Better Business Bureau and holds an A+ rating
- Agents offer full service and support, including pricing advice, photography, MLS listing and description, negotiation support, etc.
- Eligible buyers receive $250 cash back
Listing Fee
Active Since
Buyer Savings
✍️ Our take
Pros and cons
Company details
Redfin is an established discount brokerage that offers impressive savings — especially if you buy and sell with the brokerage. But some of its agents are inexperienced. And while Redfin’s tech-focused approach comes with some neat features, it also means you may get less hands-on support than you need.
Pros
- 1.5% listing fee provides good savings.
- Extras (like 3D walk-throughs) can help sell your home.
- Significant savings if you buy and sell with Redfin.
Cons
- Agent quality and customer service are not always great.
- High minimum fees in some markets.
- Agents may not have expertise in your local market.
- Full-service discount brokerage with licensed, salaried agents
- Sellers pay a 1.5% listing fee to their agent after a successful home sale
- Sellers who also buy a home with Redfin will receive 0.5% cash back, bringing their total commission to 1%
- Minimum fees vary by market but are $4,000 on average, meaning that sellers of homes priced $250,000 or below may pay more than the 1.5% listing fee
- Sellers are responsible for paying a competitive buyer’s agent commission, usually 2.5-3% depending on the market
- Redfin has a 1.6/5 rating across 220 third-party review sites — but you can find reviews of individual agents on Redfin.com
- Not accredited through the Better Business Bureau
- Redfin agents provide free photography and a 3D walkthrough to market your home to potential buyers, as well as traditional services like pricing advice, negotiation support, yard sign, open houses, etc.
Listing Fee
Active Since
Buyer Savings
Our take
Pros and cons
Company details
SimpleShowing offers great value for sellers of homes over $500,000 with its 1% listing fee. Its $5,000 minimum commission means that sellers of homes below $500,000 will pay more than a 1% listing fee. Buyers can also save with SimpleShowing, though the buyer rebate comes with numerous restrictions.
Pros
- Solid listing fee savings for homes over $500,000
- Eligible buyers receive a rebate after closing
- Customers report a positive experience with agents
Cons
- Savings are not great for homes under $500,000
- Home buyer rebate decreases if a buyer sees more than 10 homes
- Small agent network means your agent may not have local expertise
- Full-service discount brokerage with licensed agents in Florida, Georgia, and Texas
- Sellers pay a 1% listing fee to their agent after a successful home sale. Listing fee is subject to a minimum commission of $5,000 (sellers of homes under $500,000 will pay more than 1%)
- Buyers can receive up to 1% of the home price as a rebate after closing. The rebate is subject to a minimum commission of $5,000, and the rebate decreases to 0.5% if the buyer tours more than 10 homes
- Sellers are responsible for paying a competitive buyer’s agent commission, usually 2.5-3% depending on the market
- SimpleShowing has a 4.9/5.0 rating across 270 reviews on the Better Business Bureau, Google, Trustpilot, and Zillow
- Not accredited through the Better Business Bureau
- SimpleShowing agents provide all the same services you’d receive from a traditional agent, including pricing guidance, in-person representation, MLS listing, and professional photography
Listing Fee
Active Since
Buyer Savings
Our take
Pros and cons
Company details
Houwzer has a 1% listing fee, which is among the lowest of any low commission brand. Its commission is capped at $10,000, which makes it especially appealing for higher-valued homes. Like Redfin, Houwzer has a few potential service risks, but if you’re selling an expensive house, the savings may be worth the tradeoffs.
Pros
- Low 1% listing fee
- Agents provide full service and support
Cons
- Limited agent options
- No guaranteed buyer savings
- Discount real estate brokerage with a network of 51-200 salaried real estate agents
- Houwzer agents charge a 1% listing fee, which is significantly less than market value (2.5-3%)
- Sellers are responsible for paying a competitive buyer’s agent commission, usually 2.5-3% depending on the market
- Houwzer has a 4.8/5 rating across 617 reviews
- Not accredited through the Better Business Bureau
- Agents are expected to offer full-service and support, including pricing advice, photography, negotiation support, etc.
- No guaranteed buyer savings
How can I find 1% commission realtors near me?
Looking for a 1 percent commission realtor in your area? Select your state in the table below to find out what discount brokerages near you offer low listing fees.
If you don’t see your state listed, check back soon: we’re currently writing pages for all fifty states.
Discount Brokers Near Me | State |
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Discount real estate brokers in Alabama | Alabama |
Discount real estate brokers in Alaska | Alaska |
Arizona | |
Arkansas | |
California | |
Colorado | |
Connecticut | |
Florida | |
Georgia | |
Idaho | |
Illinois | |
Indiana | |
Iowa | |
Kansas | |
Kentucky | |
Louisiana | |
Discount real estate brokers in Maine | Maine |
Maryland | |
Massachusetts | |
Michigan | |
Minnesota | |
Mississippi | |
Missouri | |
Nebraska | |
Discount real estate brokers in Nevada | Nevada |
Discount real estate brokers in New Hampshire | New Hampshire |
New Jersey | |
New Mexico | |
New York | |
North Carolina | |
Ohio | |
Oklahoma | |
Oregon | |
Pennsylvania | |
Discount real estate brokers in Rhode Island | Rhode Island |
South Carolina | |
Discount real estate brokers in South Dakota | South Dakota |
Tennessee | |
Texas | |
Utah | |
Discount real estate brokers in Vermont | Vermont |
Virginia | |
Washington | |
Wisconsin | |
Discount real estate brokers in West Virginia | West Virginia |
How does a 1% real estate commission work?
When you sell with a 1% commission realtor, you pay your agent a listing fee of just 1–1.5% instead of the typical 2.5–3%. Your total commission costs, which usually include a 2.5–3% buyer’s agent fee, go down to 4–4.5% instead of the traditional 5–6%.
On a $500,000 home, a 1.5% listing fee saves you about $7,500 in realtor commissions.
You don’t have to pay realtor fees out of pocket. Instead, they’re deducted from your sale proceeds at closing.
Fee | Traditional rate | Low rate |
---|---|---|
Listing agent commission | 2.5–3% | 1.5% |
Buyer's agent commission | 2.5–3% | 2.5–3% |
Total commission | 5–6% | 4–4.5% |
Why do real estate agents work for lower listing fees?
Today, the real estate industry is more competitive than ever. Commission rates are falling across the board as agents compete for listings, making the standard 3% realtor fee a thing of the past.
Discount brands have also found ways to make the home selling process more efficient, allowing them to charge lower rates. The best low commission companies offer listing fees as low as 1–1.5% without compromising on customer service or support.
For example, our top recommendation — Clever Real Estate — helps traditional real estate agents reduce their marketing expenses. These agents can pass their savings on to you.
Other discount real estate brokers have major trade-offs. Companies like Trelora cut their fees in risky ways that could cost you money on your sale. Always compare your options to find a local agent who offers the right combination of savings and hands-on service.
Check out our list of top picks to learn more.
Can I offer a 1% buyer’s agent fee too?
As the seller, you can offer the buyer’s agent whatever commission rate you want (or even none at all). However, advertising a lower buyer’s agent commission than other sellers in your area could put you at a competitive disadvantage.
The buyer’s agent fee incentivizes buyer’s agents to show your home to their clients. If you’re offering a smaller fee than the seller down the street, which house do you think realtors will show their buyers first?
» MORE: Find the average commission rate in your area
Watch out for minimum fees
When comparing low commission companies, pay close attention to minimum fees.
If you’re selling a lower-priced home, these fees could limit — or even eliminate — your commission savings.
For example, if you sell a $250,000 home with a brokerage that charges a $5,000 minimum fee, your listing commission will actually cost 2% — even if the company advertises a 1.5% rate.
How to get a 1% listing fee
1. Work with a low commission realtor
The easiest way to get a lower listing fee when you sell your home is to work with a discount real estate brokerage. The top discount brands — like our low commission brokerage recommendations — offer huge savings and full support that matches what you’d get from a traditional agent.
However, some discount brokerages offer more value than others. Many low-fee companies offset their cheap rates with serious trade-offs in service quality. Others surprise you with hidden fees and conditions that chip away at your savings.
» MORE: Find the best discount real estate broker for your home sale!
2. Negotiate a lower listing fee with your agent
If you want a reduced real estate commission and you want to sell with a specific agent, you can try to negotiate a discount yourself. But if your preferred agent charges a 2.5–3% listing fee, chances are you won’t convince them to drop it down very far.
That said, realtor fees are always 100% negotiable, so there’s no harm in asking your agent before you sign your listing agreement. In general, you’ll have more success negotiating a cheaper listing fee when:
- You’re in a seller’s market where homes like yours are selling quickly
- Most homes in your area are selling above their list price
- You’re selling an expensive home
- Your home is in pristine condition or you’re willing to invest in up-front repairs
- You offer to do more of the work yourself (e.g., host your own open house)
- You commit to working with the same agent to buy your new home
- You’re willing to walk away if the agent doesn’t lower their fee
⚡ Save on realtor fees; no negotiation required. Find all the top-producing agents in your zip code who charge a 1.5% listing fee. Compare agents from the best discount brokerages, as well as well-known brands like Keller Williams and Century 21. |
FAQ
What are the best 1% commission real estate brokers?
The best 1% commission real estate brands include Clever Real Estate, SimpleShowing, and Redfin. These discount companies offer all the same real estate services and support you’d get from a traditional realtor, but they charge listing fees as low as 1%! See our full list of top low commission brokerages.
How can I find a 1% commission real estate agent near me?
Two low commission companies that we recommend, Clever Real Estate and Redfin, are available in all or most states. Depending on where you're located, you may have even more options. Click here to find all the 1% commission realtors near you!
Is it fair to get a lower commission rate?
Real estate commissions are negotiable, so a fair listing commission is whatever you and your agent agree is reasonable. Competition in the industry is pushing down commission rates nationwide, so it's easier than ever to find listing agents willing to offer full service for less than the traditional 3%. Check out our guide to the top low commission companies.
What does a 1% listing fee mean?
A 1% listing fee is a real estate agent commission equal to 1% of a home's final sales price. In any real estate transaction, agents make money by charging the home seller a percentage of the sales price as commission. While a traditional real estate agent typically charges 2–3% of the sales price, commissions are negotiable — meaning a realtor can theoretically charge just 1%. Looking to save on your next real estate transaction? Check out the top 1% commission realtors near you.
Methodology
We spent hundreds of hours researching discount real estate companies to help you find the best combination of savings and service for your home sale. We ranked these discount brands based on their dollar-for-dollar value compared to other brands in categories such as savings, service quality, and overall customer experience.
Since most companies that offer 1% listing fees charge minimum commissions on homes below a certain price point, we calculated average savings based on what you’d pay across four common home values — $100,000, $250,000, $500,000, and $750,000 — compared to a standard 3% listing agent commission.
Note: Pricing data, locations, and other data points are current as of when this article was last updated.
Related links
Working with a 1% commission realtor is one of the best ways to save on real estate commission, but other options are worth considering. Check out these resources to learn more.
The Best Discount Real Estate Brokers for Every Budget: Listing your home with a discount real estate broker is one of the easiest ways to save money. Check out our top picks for low commission brokers, as well as companies to avoid.
What Companies Offer the Lowest Real Estate Commission Fees? After hundreds of hours of research, we compiled a definitive ranking of the best low commission real estate companies. Compare savings, service quality, and pound-for-pound value to find the right option for you.
How to Negotiate Real Estate Commission: No matter what you’ve heard, real estate commission is always negotiable. Learn proven tips and tricks for persuading your agent to sell your house for less than the typical 3% listing fee.
How to Sell Your House without a Realtor: This guide outlines the steps to selling without a realtor, the pros and cons, and the costs.
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