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The Best Discount Real Estate Brokers in Paterson, New Jersey (2023)

Discount real estate brokers in Paterson, NJ.

Published October 9, 2023

  • Written by Jon Stubbs

  • Hannah-Warrick-Editor-Photo

    Edited by Hannah Warrick

Written by Jon Stubbs

Jon Stubbs is a Content Writer for Real Estate Witch and its sister publications in the Clever Real Estate family of brands. He's an authority on non-traditional home selling companies, including iBuyers, home trade-in services, and cash home buyers.

Hannah-Warrick-Editor-Photo

Edited by Hannah Warrick

Hannah Warrick is a Content Editor at Clever Real Estate, where she contributes to Real Estate Witch and its sister brands. She’s done extensive research on discount real estate brokers, flat fee MLS companies, and first-time home buying. 

If you’re looking to sell a house and save on realtor commission fees in Paterson, New Jersey, we recommend hiring a discount real estate brokerage. A good discount real estate broker provides the same general services and support as a traditional real estate agent but for a fraction of the price.

Company Our Rating Listing Fee Availability
🏅 Best overall
Clever Real Estate Logo
4.9
Excellent
1.5% ($3,000 min.)
Nationwide
Learn More
Redfin Paterson Logo
4.7
Very good
1.5% ($5,000 min.)
Multi-state
Learn More
Prevu Real Estate Logo
4.2
Very good
1.5%*
Multi-state
Learn More

The Real Estate Witch Team evaluated #N/A discount real estate brokers in the Paterson, New Jersey, area based on a variety of key factors, including fee structures, customer reviews, sales performance, and more. Our guide will help you choose the right brand to fit your budget and desired level of service. 

⚡️ In a hurry? Find top discount realtors near you now.

Why trust us?
We want to help you reach your real estate goals and save money. When you hire a service through a link on this page, we may earn a small commission. This doesn’t influence our rankings or advice. Learn how we researched and ranked these companies.
How discount realtor commissions work
  • Paterson home sellers typically pay a 5.13% average real estate commission.
  • 2.63% goes to the listing agent, 2.50% goes to the buyer’s agent.
  • Discount real estate brokerages offer a lower listing fee (e.g., 1.5%) that yields big savings at closing.
  • Still expect to cover the buyer’s agent fee, no matter who you list with.
How to choose a discount realtor
  • Compare at least 2–3 agents to find the best fit for your situation.
  • Evaluate their past sales, customer reviews, and do an in-person interview, ideally at your property.
  • Focus on finding the right real estate agent vs. the lowest rate to save money and prevent stress.
Which level of service is right for you?
  • Full service: Best option for most people. Same general services and support offered by a traditional agent, including end-to-end, in-person representation.
  • Limited & flat fee MLS service: Only for experienced sellers looking to sell by owner. Includes a flat fee MLS listing in your area and possibly some other add-on services, but zero agent representation or support.

Top full-service discount real estate brokers in Paterson, NJ

🏅 Best overall

Clever Real Estate

Clever Real Estate Logo Learn More
4.9
Excellent

Upfront Fee

None

Listing Fee

1.5% ($3,000 min.)

Customer Rating

5.0 (2,627)

Availability

Nationwide

Overview

Pricing

Reviews

Contact

Our take: If you’re a seller in Paterson, NJ, who wants to cut down on real estate agent fees while still receiving exceptional service, Clever is our top choice for you.

What we like: Clever offers substantial savings of up to 50% compared to standard agent rates. Its matching service is highly rated by customers, and it doesn’t come with any obligations or fees.

How it works: Clever connects sellers with experienced local agents from reputable brokerages like RE/MAX and Compass. You have the freedom to compare and choose the best agent for your specific needs. Regardless of your choice, you benefit from the exclusive 1.5% listing fee (same as Redfin).

Pros

  • Work with an experienced agent from a reputable brokerage (not a discount realtor)
  • Exclusive 1.5% listing fee when you use Clever’s matching service
  • Access a diverse selection of highly rated agents available in Paterson, NJ

Cons

  • No guarantee that you’ll be able to work with your preferred agent or brokerage
  • Additional services like professional staging, drone photos, and 3D tours may come at an extra cost (agents will provide detailed information during their listing presentation)

Fee structure

  • 1.5% listing fee ($3,000 min.) at closing
  • 2–3% buyer’s agent commission at closing
Weighted avg. 5.0 2,627
Trustpilot 5.0 2,402
Google 4.8 225

Website: listwithclever.com
Phone: 1-833-225-3837
Hours: 8 a.m.–8 p.m. EST, 7 days a week
Address: 6358 Delmar Blvd, Suite 300, Saint Louis, MO 63130

Redfin Paterson

Redfin Paterson Logo Learn More
4.7
Very good

Upfront Fee

None

Listing Fee

1.5% ($5,000 min.)

Customer Rating

N/A*

Availability

Multi-state

Overview

Pricing

Reviews

Contact

Our take: If you’re selling and buying a home in Paterson, NJ, Redfin is worth considering, although it does have a higher minimum commission fee compared to other options in the area.

What we like: Redfin stands out with its competitive listing fees, charging just 1.5% of the sale price. Plus, if you use Redfin for both buying and selling within a year, you can save an additional 0.5% on the listing fee. Redfin is a well-established brand that has a wide network of discount realtors. This gives sellers in Paterson more choices compared to other discount real estate brokers.

Things to watch out for: Redfin heavily relies on technology and operates using a team-based model, which may not suit everyone’s preferences. The majority of the process is handled remotely by a Lead Agent and a back-office team. Sellers should be aware that Redfin has a minimum commission fee of $5,000 in Paterson. If your home is valued at $334,000 or less, you’ll pay more than the advertised 1.5% rate.

Pros

  • Significant savings on listing fees
  • Respected company with trustworthy agents
  • Tech-driven approach may be appealing for certain sellers

Cons

  • May not be the best choice for those seeking a more hands-on, personalized agent experience
  • The $5,000 minimum fee in Paterson is higher than other options in the area
  • Redfin has a smaller selection of agents compared to Clever

Fee structure

  • 1.5% listing fee ($5,000 min. in Paterson) at closing
  • 2–3% buyer’s agent commission at closing
  • 0.5% listing fee refund if you also buy with Redfin within 12 months

*Not enough data available at this time

Website: redfin.com
Phone: 1-844-759-7732
Hours: 8 a.m.–5 p.m. EST, 7 days a week
Address: 140 E Ridgewood Ave, Suite 415, Paramus, NJ 07652
Areas served: Bayonne, Elizabeth, Franklin Lakes, Montville, Morristown, Paterson, North Caldwell, Ramsey, Rutherford, Union City and more

Prevu Real Estate

Prevu Real Estate Logo Learn More
4.2
Very good

Upfront Fee

None

Listing Fee

1.5%*

Customer Rating

5.0 (488)

Availability

Multi-state

Overview

Pricing

Reviews

Contact

Our take: If you’re a homeowner in Paterson, NJ, and value affordability, communication, and transparency, Prevu Real Estate is worth considering.

What we like: Prevu’s transparent pricing structure offers a competitive 1.5% listing fee. The company has a well-established presence in multiple states, demonstrating its ability to consistently deliver quality service across different locations. Plus, its online platform ensures easy and seamless communication with its discount agents.

Things to watch out for: We found limited public reviews and transaction data specifically for Paterson. This may suggest that Prevu has less expertise in this specific market compared to other options. Additionally, there’s some ambiguity regarding the minimum listing fee for Paterson, which requires further clarification.

Pros

  • Transparent pricing structure with a competitive listing fee in the market
  • Well-established presence in multiple states
  • Convenient online platform for easy communication with discount real estate agents

Cons

  • Limited public reviews or transaction data specifically for Paterson
  • Unclear information regarding the minimum listing fee for Paterson listings

Fee structure

  • 1.5% listing fee at closing
  • 1.5–2.5% buyer’s agent commission at closing

* There is a minimum commission fee, but the website doesn’t disclose the amount.

Weighted avg. 5.0 488
Google 5.0 478
Yelp 4.6 10

Website: prevu.com
Phone: (646) 603-6868
Address: 110 E 25th St, New York, NY 10010
Areas served: California, Colorado, Connecticut, Florida, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Texas, Virginia, Washington, and Washington DC

Other discount real estate brokerages in Paterson, NJ

Assist-2-Sell, an established discount real estate brokerage offering MLS services, has been a part of the industry for years. However, the company has been in a downturn lately with less information on pricing models and availability. We were unable to obtain data on its current market activity, which is why we have decided to exclude Assist-2-Sell from our Paterson list.

Home Access Realty, a subsidiary of Keller Williams Realty One Legacy Partners, offers a total discounted commission fee of 4%. However, after considering the limited information available regarding its specific services, customer satisfaction, and availability, we decided not to include the company on our list of recommended discount real estate brokers in Paterson.

» MORE: Compare all full-service discount real estate brokers in New Jersey.

Limited-service and flat fee MLS Paterson brokers

Sellers who have more experience in real estate may be interested in using limited-service or flat fee MLS companies. These brokerages offer less support but for a lower fee than full-service discount realtors.

Company Our Rating Listing Fee
Best for sellers wanting local customer support
New Jersey Real Estate Boutique Logo
5
24 reviews
$395
Learn More
On newjerseyhomebuyerrebate.com
Flat Fee Group — New Jersey Logo
4.9
142 reviews
$199–999
Learn More
On realestatewitch.com
Unreal Estate Logo
4.6
111 reviews
$0–599 upfront + 0.5% at closing
Use code “Clever” to save
Learn More
On unrealestate.com

» MORE: Compare all flat fee MLS services in New Jersey.

Next steps: Start interviewing real estate agents

​​

Related articles

Average Real Estate Commission in New Jersey: Knowing the standard commission rate in your area can help you avoid overpaying for a realtor and accurately estimate costs when you sell your home. 

New Jersey Seller Closing Costs and More: Read this guide for a complete breakdown of the costs of selling a house in New Jersey, including tips on how to save on your sale.

How to Sell a House Without a Realtor in New Jersey: Selling your home without a realtor means you won’t have to pay a listing commission, but do the positives outweigh the negatives? Read this guide to find out if FSBO in Paterson is right for you. 

How to Negotiate Realtor Commissions: Negotiating real estate fees centers on knowing the market and your situation, then using that info while talking to multiple agents.

How to Choose the Right Realtor to Sell Your House: When selling a home in today’s market, choosing the right listing agent is key. Most people hire the first traditional agent they interview — here’s a better approach.

Why trust us

Data sources

Our Research Team gathered #N/A discrete pricing and service models to create our initial list of Paterson, NJ discount real estate brokerages. We then compiled and analyzed a further #N/A publicly available data points tied to past transactions, customer reviews, licensing info, and more to categorize each service and create our final list and rankings.

Methodology

The Real Estate Witch Team used public business directories to identify every company in the greater Paterson region calling itself a discount real estate broker or agent. We then filtered that list down and ranked the top Paterson options based on the following criteria: 

  • Service level: We only included and rated full-service discount realtors and brokerages to start, which we think are the best option for most home sellers. These companies offer the same key services you’d expect from a traditional realtor, including in-person representation and end-to-end support.
  • Pricing: We assessed each company’s fee structure and cross-referenced it with the service model to determine who was offering (a) the best overall value — price vs. service — and (b) the fewest unfavorable pricing terms, like high minimums, nonrefundable upfront fees, or other hidden costs.
  • Customer reviews: We evaluated all verifiable customer reviews for each service. We considered not only the total review counts, average customer ratings, and key positive and negative themes, but we also assessed factors like how recent and relevant the reviews were to customers making hiring decisions right now. 
  • Sales activity: We looked at available data about past transactions to gauge sales performance and activity level.
✍️ Editor’s note: Limited or missing data doesn’t disqualify a company from our list, but it does lower the company’s ranking. We base our rankings on objective measurements, and we can only measure what we can see. We regularly try to find missing data to update our rankings accordingly.

Editorial policy

Credible, primary sources power our pages. When you hire a service through a link on this page, we may earn a small commission. But this doesn’t influence our advice or ranking methodology. Learn more about Real Estate Witch here.

The Real Estate Witch content team created parts of this page with the assistance of an AI tool. Our team of humans researched the companies, collected and analyzed the data, and ranked the companies, then used AI to assist in writing about the companies. Our team fact-checked and edited the text, as we do for all of our content.

Filed Under: Save When You Sell Your Home Tagged With: Save When You Sell Your Home

About the Author

Jon Stubbs is a Content Writer for Real Estate Witch and its sister publications in the Clever Real Estate family of brands. He's an authority on non-traditional home selling companies, including iBuyers, home trade-in services, and cash home buyers. Read more

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