There are dozens of real estate companies in Denver. Whether someone is selling a house or buying one, picking the right service could be daunting.
When it comes to sellers, discount real estate brokers Denver are in high demand as they charge lower commissions. This may come in a variety of forms. Such companies may offer a lower rate of commission or use commission rebates. Others are flat fee MLS Denver service providers. This increases profits for sellers.
This article walks you through the top discount real estate brokers Denver. But first, we talk about the types of discount real estate brokers Denver. Let’s begin.
Low-fee realtors are of four types:
a. Flat fee MLS realtors
A flat fee MLS Denver company is a registered realtor that lists your home on the local MLS for an upfront flat fee. The two parties agree on a la carte services and the realtor charges a flat fee rather than taking a percentage of the sale price.
Under this, you will likely pay an average of $300.
b. Virtual full-service agents
Virtual brokers provide all the services of a traditional agent i.e. list your home, market it, price it, negotiate with buyers, and close it, but online.
Due to their online presence, such brokers have many advantages like discounted commissions, lesser fees, and better management.
c. Flat-rate low commission
Flat-rate low commission brokers sell your home for a flat fee that typically ranges from $3,000 to $6,000. The rate is usually based on the property’s value and how well the realtor does their job.
d. Discounted commission full-service agents
A full-service discounted brokerage provides much of the same services as traditional brokerages for a low listing fee. When the property is sold, they reimburse the seller in the form of a discount on their commissions.
Now that we have an understanding of the types of discount brokers, let’s know the cream of the crop.
It is an online real-estate company that offers a good mix of high savings, cutting-edge technology, and great customer support. The company has different packages, which typically cost a small flat fee.
This helps sellers save thousands. And if the buyer is also unrepresented then the homeowners can save on the buyer’s agent commission as well.
The listings get syndicated to the local MLS and hundreds of other sites like Zillow, Trulia, Redfin, and others.
2. HQ Homes
With an average rating of 4.9/5, HQ Homes ranks high on the list of many sellers looking for discount real estate brokers Denver.
It is a BBB accredited firm, whose 1% full-service package has assisted many homeowners to sell their house at a discounted commission.
The package covers everything from listing to finally closing the deal on the house. Brokers at the firm have been in the market for over 20 years, giving them high experience and exposure. Listings also get syndicated on popular platforms like Trulia and Zillow.
The plan also includes professional photography, which can amp up your listing.
3. Fixed Rate Real Estate
Fixed Rate RE is a Colorado-based flat fee real estate firm offering services to homeowners in Colorado.
It charges a flat fee of $5,000 for a full-service transaction. This covers everything from listing to selling the property.
Sellers get expert guidance throughout the sale process. Other features of the package include professional photography, pricing advice, comparative market analysis, social media marketing, yard signs, lockbox special feature cards, showing coordination, and more.
On Google, Fixed Rate RE has an average rating of 5/5.
Another low commission real estate company, Homie charges a flat listing fee of $3,500. This is quite reasonable compared to the traditional commission.
However, this flat fee could be huge for low-value homes.
As sellers, you will not get in-person support, meaning you will have to put in a lot of effort to get the listing rolling. Nonetheless, Homie provides remote low commission broker support. But due to a small number of realtors, the service quality is a bit questionable.
On Google, the company has an average rating of 4.3 out of 5.
This discounted real estate brokerage has two “full-service” plans that charge 1% and 2% commission respectively.
The sellers don’t get a single agent to guide them through the entire process. Instead, different low-cost realtors help them at different stages.
There are a limited number of agents to cater to so many customers. This compromises the service quality at times.
Trelora’s plans include add-on features like marketing, yard signs, professional photos and more.
The company has an average rating of 4.5/5 on Yelp.
The important thing here is to compare rates, experience, attentiveness, and the services offered. You should have a clear picture of the value you will be getting for your money.
For example, if you opt for a discount broker that offers a rate of 4.5% but keeps 3% to himself and passes on just 1.5% to the buyer’s agent then this could be a problem situation. No good buyer’s agent will waste their time showing such homes. It is unaffordable for them. This way, your house gets ignored. So, it’s wise to make the choice having thought about everything carefully.
Read More: What You Should Know About VA Home Loans