Top 1% commission companies | How do 1% listing fees work? | How much can I save? | Find 1% commission realtors near me
Hiring a 1% commission realtor is one of the best ways to save money when you sell your home.
In a typical home sale, real estate commission is likely the biggest cost you’ll face. On a $500,000 home sale, a standard 3% listing commission costs $15,000. Finding an agent who offers a 1% listing fee would save you up to $10,000!
The best 1% commission companies offer huge discounts on listing fees without compromising on service. They provide a customer experience that’s comparable to working with a traditional agent β but charge a fraction of the price. Keep reading for an in-depth look at our top recommendations.
π More sections: How to get a 1% listing fee | Companies to avoid | 1% commission calculator | FAQs | Methodology
The best companies with 1% commission realtors
1% commission company | Average rating |
---|---|
π₯ Clever Real Estate | 4.9 (1,512 reviews) |
π₯Β SimpleShowing | 4.9 (238 reviews) |
π₯Β Redfin | 3.9 (416 reviews) |
Looking for 1% commission real estate agents in your area that provide high-quality services at a discount? Our team has spent hundreds of hours researching discount brokerages to help you find the right fit for your needs and budget.
π 1. Clever Real Estate
National
- Listing Fee: $3,000 or 1%
- Available Nationwide
- Full Service, Zero Tradeoffs
Sellers save an average of $7,375 when they list with Clever, compared to a traditional 3% listing fee.*
*Average savings based on listing fees at four common price points: $100,000, $250,000, $500,000, and $750,000.
Clever has a 4.9 out of 5 rating (1,512 total reviews) on popular review sites like Google, Facebook, and Trustpilot.
Clever is available to sellers nationwide.
The best 1% commission real estate company for most home sellers is Clever Real Estate. Clever offers a free service that connects you with top-rated local agents and pre-negotiates discounted listing fees. When you sell with Clever, you’ll pay a flat $3,000 listing fee, or just 1% if your home sells above $350,000.
Clever’s partner agents come from traditional brokerages, including major brands like Keller Williams, Coldwell Banker, and RE/MAX. Since Clever helps them find a steady stream of new customers with zero upfront cost, agents can pass on the savings with huge discounts on commission.
With Clever, you’ll pay thousands less in commission while still getting the same best-in-class service you’d expect when working with a top agent from a trusted brokerage.
There’s never any obligation to work with any of the agents Clever recommends for you, either. You can try Clever’s service for free, request additional agent matches until you find the right one, or walk away at any time.
2. SimpleShowing
Regional
- Listing Fee: 1% (min. $3,500)
- Limited Service Area
- Full Service, Few Tradeoffs
Sellers save an average of $7,125 when they list with SimpleShowing, compared to a traditional 3% listing fee.*
*Average savings based on listing fees at four common price points: $100,000, $250,000, $500,000, and $750,000.
SimpleShowing has a 4.9 out of 5 rating (238 total reviews) on popular review sites like Google, Yelp, and Zillow.
SimpleShowing is available in the following areas: FL, GA, TX.
SimpleShowing is a discount brokerage that offers 1% listing fees in a handful of markets in Florida, Georgia, and Texas.
While Clever connects you with traditional realtors and negotiates lower rates for you, SimpleShowing hires its own in-house agents. It offsets its discounted commission fees by requiring agents to handle roughly 5x as many customers as the average realtor.
This approach allows SimpleShowing to sell more homes with a smaller team of agents. But handling so many different sales at once could limit how much personalized service and support your agents can give you.
Receiving less agent support isn’t necessarily a deal breaker if you’re selling a desirable home in a hot market. But it could lead to issues if you need immediate assistance and your agent is overextended.
3. Redfin
National
- Listing Fee: 1.5% (min. fees vary)
- Available in 80+ U.S. Markets
- Listings Featured on Redfin App
Sellers save an average of $5,550 when they list with Redfin, compared to a traditional 3% listing fee.*
*Average savings based on listing fees at four common price points: $100,000, $250,000, $500,000, and $750,000.
Redfin has a 3.9 out of 5 rating (416 total reviews) on popular review sites like Google, Yelp, and Consumer Affairs.
Redfin is available in 100+ U.S. markets, giving it near-nationwide coverage.
Redfin is best known for its home search website and app, but its core business is helping people buy and sell homes at reduced rates. Redfin charges sellers a 1.5% listing fee. But, it will drop that commission rate to 1% if you also buy your new house through a Redfin agent.
Like SimpleShowing, Redfin hires its own salaried agents and creates savings by having those agents handle more customers at once than a typical realtor.
Redfin has fewer built-in trade-offs than some more expensive discount companies that offer less hands-on support. That said, its customer service approach could increase the risk that you’ll face mistakes, delays, and other issues β especially if your selling situation is complicated.
Overall, Redfin is worth considering if you’re selling and buying within the company’s service area. But remember, other 1% commission realtors offer their low fees without the requirement to buy.
Many sellers will find better dollar-for-dollar savings by selling with Clever or SimpleShowing and then purchasing their new house with the company offering the best home buyer rebate in their area.
4. Houwzer
Regional
- Listing Fee: $5,000
- Limited Service Area
- Premium Marketing
Sellers save an average of $7,000 when they list with Houwzer, compared to a traditional 3% listing fee.*
*Average savings based on listing fees at four common price points: $100,000, $250,000, $500,000, and $750,000.
Houwzer has a 4.8 out of 5 rating (1,300 total reviews) on popular review sites like Google, Yelp, and Zillow.
Houwzer is available in the following areas: FL, MD, NJ, PA, VA, DC.
Houwzer is a discount real estate brokerage available in five states on the East Coast. It charges a flat $5,000 listing fee, regardless of your home price.
This pricing model could mean big savings on higher-priced homes. If your house sells above $500,000, you’ll essentially pay a 1% listing fee β or less!
At lower price points, Houwzer’s flat $5,000 listing fee offers less overall value. On a $250,000 house, selling with Houwzer costs 2% of the sale price, making it less affordable than other discount companies on this list.
There are also potential service quality trade-offs to consider when you sell with Houwzer. Some Houwzer reviews warn that agents provide less hands-on support than traditional realtors, which could be frustrating if you’re expecting a conventional selling experience.
5. Redefy
Regional
- Listing Fee: $3,500 or 1%
- Upfront Fees
- No Open Houses
Sellers save an average of $8,500 when they list with Redefy, compared to a traditional 3% listing fee.*
*Average savings based on listing fees at four common price points: $100,000, $250,000, $500,000, and $750,000.
Redefy has a 4.7 out of 5 rating (319 total reviews) on popular review sites like Google, Yelp, and Zillow.
Redefy is available in the following areas: CO, FL, GA, IL, NC, SC, TN, TX, VA.
Redefy charges a 1% commission on homes above $1 million, but it also offers a flat $3,500 listing fee for lower-priced properties. This means that, depending on your home’s value, you may actually pay less than 1%.
Despite the potential for great savings, Redefy has some major drawbacks. When you sign your listing agreement, you’ll have to pay an upfront, nonrefundable $500 commission deposit.
A nonrefundable deposit isn’t a standard practice in the industry. Real estate agents typically don’t charge you anything until your house sells.
Redefyβs team-based approach to customer service could also limit the personalized attention you receive, making a complicated process even more stressful. And while the company mostly offers the same services as a traditional brokerage, it doesn’t host open houses.
Overall, these tradeoffs make Redefy a riskier option than other 1% commission real estate companies, so weigh your options carefully to see if another service offers better value in your area.
1% commission real estate brokers to avoid
Our top picks for discount brokerages offer low rates without compromising on service quality. Unfortunately, some 1% real estate commission brands couple their attractive fees with substandard service and support. Based on our research and customer reviews, we recommend steering clear of the companies below.
π« Trelora
Trelora Real Estate is a discount real estate brokerage that advertises low commission rates. Depending on the market, it charges a 1% commission rate or a flat $3,000β4,000 listing fee.
Those savings look good on paper, but Trelora offers considerably less hands-on service and support than other 1% commission companies like Clever and Redfin.
π« REX
REX Real Estate claims it charges the lowest commission rates of any discount brokerage. In reality, REX charges a 2.5% listing fee but says it will help you avoid paying buyer’s agent commission.
If that sounds too good to be true, that’s because it is. REX’s approach involves marketing directly to buyers instead of listing on the MLS. If that strategy fails β and it often does β you may have to offer a buyer’s agent fee anyway.
If you need to pay a buyer’s agent commission, youβll be stuck paying upwards of 5.5% in total commission fees β not much of a discount compared to selling with a traditional realtor!
π« Assist-2-Sell
Assist-2-Sell is one of the oldest discount real estate franchises in the United States. Each location sets its own rates, and some offices offer 1% listing fees.
Although Assist-2-Sell once ranked as a solid option for home sellers looking to save on commission, the vast majority of its offices have closed over the past 15 years. This suggests its competitors offer better overall value.
π« Faira Real Estate
Faira Real Estate advertises a 1% listing fee and promises an easy home selling experience. Both of those claims are misleading.
Due to hidden fees, Faira actually costs more than its advertised rates. And the company’s convoluted listing platform makes your home selling experience anything but simple.
How can I find 1% commission realtors near me?
Looking for a 1% commission realtor in your area? Select your state in the table below to find out what discount brokerages near you offer 1% listing fees. Click on a company name to to learn more and find customer reviews from real buyers and sellers.
Company | Avg. Savings* | |
---|---|---|
Clever Real Estate | $7,375 | Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Washington, D.C., Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
SimpleShowing | $7,125 | Florida, Georgia, Texas |
Redfin | $5,550 | Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Washington, D.C., Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
Houwzer | $7,000 | Florida, Maryland, New Jersey, Pennsylvania, Virginia, Washington, D.C. |
Redefy | $8,500 | Colorado, Florida, Georgia, Illinois, North Carolina, South Carolina, Tennessee, Texas, Virginia |
How does a 1% real estate commission work?
In a conventional, full-price home sale, real estate commission costs around 5β6% of the sale price. It’s common for the listing and buyer’s agents to split the commission 50/50, with each realtor earning around 2.5β3%. Commission fees are deducted from your sale proceeds at closing.
When you sell with a 1% commission company, you’ll pay your listing agent a 1% listing fee. This reduces your total commission costs to 3.5β4%, depending on what fee you offer the buyer’s agent.
Fee | Rate |
---|---|
Listing agent commission | 1% |
Buyer's agent commission | 2.5-3% |
Total commission | 3.5-4% |
Why do agents work for a 1% listing fee?
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% without compromising on customer service or support.
For example, our top recommendation β Clever Real Estate β helps agents at conventional brokerages reduce their marketing expenses. These agents can pass their savings on to you.
However, while top discount brokers offer a home selling experience thatβs comparable to working with traditional realtors, others come with major tradeoffs. Companies like REX and 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 for your home sale.
To learn more, check out our list of top picks and companies to avoid.
Can I offer the buyer’s agent a 1% commission too?
As the seller, you’re free to 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 is a sort of “bounty” that incentivizes realtors to show your home to qualified buyers. If you’re offering a smaller fee than the seller down the street, which house do you think realtors will show to their buyers first?
Β» Find the average commission rate in your area
Watch out for minimum fees
When comparing 1% commission companies, pay close attention to minimum fees.
If you’re selling a lower-priced home, these fees could limit β or even eliminate β 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% β even if the company advertises a 1% rate.
How much can I save with a 1% real estate commission?
Home Price | 1% Commission Savings* |
---|---|
$250,000 | $5,000 |
$500,000 | $10,000 |
$750,000 | $15,000 |
$1 Million | $20,000 |
Selling with a 1% commission real estate agent could save you thousands of dollars compared to listing with a realtor who charges the traditional 2.5β3%.
Here’s how much you could save, depending on your home’s sale price:
1% real estate commission calculator
Note: Listing fees do not include the buyer’s agent commission, which typically costs an additional 2.5β3% of the sale price.
How to get a 1% listing fee
1. Work with a low commission realtor
The easiest way to get a 1% listing fee when you sell your home is to work with a low commission real estate company. The top discount brands β like our 1% brokerage recommendations above β offer huge savings as well as full support that matches what youβd get from a traditional realtor.
However, some discount brokerages offer more value than others. Many low-fee companies offset their cheap rates with serious trade-offs in terms of service quality. Others surprise you with hidden fees and conditions that chip away at your savings.
Β» Find the best discount real estate broker for your home sale!
2. Negotiate a 1% listing fee with your agent
If you want a 1% real estate commission but also want to sell with a specific agent, you can try to negotiate a discount yourself. But if your preferred agent charges a 2.5β3% listing fee, you’ll likely have a tricky time talking them down to 1%.
βοΈ Editor’s Note
Companies like Clever can negotiate 1% listing fees because they offer their partner agents a steady stream of new business at no upfront cost. As an individual customer, you don’t have that kind of negotiating power. Learn more about how Clever works β and read real customer reviews.
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 upfront 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 won’t lower their fee.
Β» Learn more tips and tricks for negotiating realtor commission
FAQs
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 hands-on service and support youβd get from a traditional realtor, but charge listing fees as low as 1%! See the full list of the top 1% commission brokerages.
How can I find a 1% commission real estate agent near me?
Two 1% 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 a 1% listing fee fair?
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 who are willing to offer full service for 1% commissions instead of the traditional 3%. Check out our guide to the top low commission companies.
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 youβd pay across four common home values β $100,000, $250,000, $500,000, and $750,000 β 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 there are other options worth considering. Check out our other 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 youβve heard, real estate commission is always 100% negotiable. Learn proven tips and tricks for persuading your agent to sell your house for less than the typical 3% listing fee.
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