Top 2% commission companies | How real estate commission works | | 2% commission savings | How to find a 2% commission realtor
|
❓ What is a 2% real estate commission ❓ A 2% real estate commission is a discounted rate offered by some seller’s agents to cover the costs of listing, marketing, and closing the sale of a home. The typical seller’s agent fee is 3%. |
Some listing agents advertise 2% real estate commissions in contrast to the standard 3% — but are discount fees worth the potential trade-offs?
The best 2% real estate brokers offer discounted rates and comprehensive, high-quality services. Some discount brokerages and agent matching services, like Clever Real Estate, offer commission rates even lower than 2% without skimping on quality.
When you sell with Clever, you get the full-service experience you’d expect from a traditional agent, but you’ll pay only a 1.5% listing fee — compared to the 2.5–3% that most realtors charge. The average seller who lists with Clever saves $7,000 while working with a trusted local agent!
💰 Find out how much you could save with Clever! 💰
Where to Find the Best Low Commission Realtors — For 2% or Less
|
Discounted Commission Company |
Seller’s Commission Rate |
Avg. Rating |
|---|---|---|
|
1.5% (min. $3,000) |
4.9 |
|
|
2. Redfin |
1.5% (min. fees vary) |
3.9 |
|
3. Ideal Agent |
2% (min. $3,000) |
4.9 |
| 4. SimpleShowing |
1% (min. $3,500) |
4.9 |
| 5. Prevu |
1.5% (min. fees vary) |
5 |
Some 2% commission realtors offer the level of service you’d expect from a traditional agent, but others skimp on service to cut costs. The best options include a full suite of listing and marketing services, regardless of the fee.
Here are some of the top-rated real estate companies that offer low commissions.
Our #1 Pick: Clever Real Estate
|
💲 Listing Fee |
💸 Avg. Savings |
⭐ Avg. Customer Rating |
|---|---|---|
|
1.5% (min. $3,000) |
$7,000 |
4.9/5 |
Clever Real Estate stands out among low commission real estate platforms. It gives you the experience of working with a traditional, local agent for a low 1.5% commission rate.
You can interview multiple pre-vetted agents from trusted brokerages like Keller Williams and Century 21 until you find the right fit. Clever’s agent matches are free, and there’s no obligation to commit.
Clever operates in all 50 states and the District of Columbia, and it has a large network of 18,000 top-rated agents.
👋 Meet your free agent matches and save with Clever today!
2. Redfin
|
💲 Listing Fee |
💸 Avg. Savings |
⭐ Avg. Customer Rating |
|---|---|---|
|
1.5% (min. fees vary) |
$5,550 |
3.9/5 |
Redfin is a discount real estate brokerage that offers homeowners a 1.5% listing fee. The commission goes down to 1% for sellers who also use Redfin to buy their next home. Redfin is available in more than 80 U.S. markets.
However, sellers work with a team of agents rather than a dedicated agent, and a large portion of the process happens on its online platform.
The bottom line: Clever Real Estate offers more personalized guidance for the same fee.
3. Ideal Agent
|
💲 Listing Fee |
💸 Avg. Savings |
⭐ Avg. Customer Rating |
|---|---|---|
|
2% (min. $3,000) |
$3,750 |
4.9/5 |
Ideal Agent matches homeowners with traditional agents who have agreed to a 2% listing fee ($3,000 minimum). The company has strict criteria to ensure its agents are high quality.
However, unlike Clever and Redfin, Ideal Agent connects customers with only one agent. And while Ideal Agent is available nationwide, its network is small (2,000), so you might not find an agent that’s the best fit.
4. SimpleShowing
|
💲 Listing Fee |
💸 Avg. Savings |
⭐ Avg. Customer Rating |
|---|---|---|
|
1% (min. $3,500) |
$6,375 |
4.9/5 |
SimpleShowing is a discount brokerage operating in three states: Florida, Georgia, and Texas. The brokerage offers the lowest listing fee on this list — 1% of your home sale.
However, there are some trade-offs. The company has a small pool of agents to choose from. This means your agent may not be a great fit or may be overburdened and unable to give your home the dedicated support it deserves.
Also, the company isn’t fully transparent about pricing. While it states that $3,500 is the minimum, it also says that minimum fees vary by market. You might end up paying more than $3,500 even if your home sells for only $200,000.
5. Prevu
|
💲 Listing Fee |
💸 Avg. Savings |
⭐ Avg. Customer Rating |
|---|---|---|
|
1.5% (min. fees vary) |
$2,450 |
5/5 |
Prevu is a discount brokerage operating in Los Angeles, San Diego, New York City, Philadelphia, Boston, and Fairfield County, Connecticut.
The company advertises a 1.5% listing fee. However, Prevu has minimum fees that can totally erase your savings.
For example, in New York, Prevu charges a minimum commission of $12,500. That means if you sold a house for $400,000, you would pay $12,500 — roughly 3.125% of the sale price. That’s even more than the traditional 3% rate.
Because of the minimum fees, Prevu is best for sellers with homes valued around or above $1 million.
🔥 Hot Tip: Shop around! Get to know several discount commission agents. It’s completely free to explore your options and find the best fit.
👋 Match with top agents, save thousands
How Does a Real Estate Commission Work?
A realtor commission is the pay a real estate agent receives in exchange for selling a home or representing a buyer. Real estate commissions typically add up to 6% total, with 3% going to the seller’s agent and 3% going to the buyer’s agent.
You can negotiate the real estate commission for your listing agent. Agents may agree to a lower rate for a variety of reasons, including if they expect the house to sell quickly or if the home is listed at a high price point. If you don’t want to negotiate a lower rate yourself, you can work with a company that pre-negotiates lower rates (closer to 1.5% or 2%) for you.
» LEARN: What Is the Average Real Estate Commission?
What You Can Save with a 2% Commission Realtor
The 1% you save with a 2% commission realtor may not seem like a big deal, but 1% of a home can equal thousands of dollars. Here’s what you can expect to save with a 2% commission realtor compared to a 3% conventional listing fee.
2% Real Estate Commission Savings
|
Sale Price |
3% Listing Commission (Standard) |
2% Listing Commission (Discounted) |
Savings |
|---|---|---|---|
|
$150,000 |
$4,500 |
$3,000 |
$1,500 |
|
$350,000 |
$10,500 |
$7,000 |
$3,500 |
|
$500,000 |
$15,000 |
$10,000 |
$5,000 |
|
$800,000 |
$24,000 |
$16,000 |
$8,000 |
💰 Save BIG with Clever! 💰
How to Negotiate a Real Estate Commission
Negotiating realtor fees could save you thousands of dollars, so it’s always worth a try. A seller’s agent may be willing to reduce their 3% commission for a number of reasons, incluidng if your home will sell quickly or it has a high listing price.
Get the most from your commission by following these real estate commission negotiation tips:
- Interview multiple agents to find one that meets your needs, is familiar with the market, and has a record of selling homes similar to yours.
- Familiarize yourself with the local real estate market.
- Let the agent know if you are a real estate investor who plans to purchase multiple homes in the near future.
- Instead of asking for a reduced rate, ask for additional services like free staging, virtual tours, and other perks that aren’t always included.
As you negotiate with real estate agents, keep in mind that they may not choose to work with you if they feel a lower rate won’t adequately cover their services.
If you’re not comfortable negotiating with an agent, you can always work with a company like Clever that’s already done the work for you. Clever pre-negotiates low listing fees of just 1.5% with all its agents. Best of all, you’ll still get full service from agents at top-performing brokerages like Keller Williams, Coldwell Banker, and RE/MAX.
How to Find a 2% Commission Realtor
To find a 2% commission agent in your area, research and compare local brokerages and agent matching services based on these factors:
Total Costs
Look into the total cost of each real estate agent you’re considering, including the advertised commission and minimum fees charged by the broker or platform. Also evaluate whether you’ll be charged up-front fees prior to listing. This can be a red flag, since most reputable agents cover up-front costs like marketing expenses out of pocket.
Services
When choosing a 2% commission realtor, look for a full-service provider who offers the same services as a traditional agent. Many discounted services offer limited service and skimp on in-person support in order to cut costs.
One-on-one service can be the difference between selling your home quickly and letting it sit on the market, so choose an agent that’s hands-on and committed to marketing your property effectively.
Reputation
Research each agent’s reputation by reading online reviews and, if possible, connecting with people who have worked with the agent. Interview each agent to evaluate their experience and sales record in your market and at your home’s price point.
Some 2% commission platforms don’t give you the ability to choose your own realtor — or they match you with only one agent. But remember that you don’t have to commit to the first agent you find. In fact, it’s best to interview at least two to three.
If you want to find local realtors but don’t want to do all the research yourself, try working with Clever. Clever finds top agents in your area for you and pre-negotiates a 1.5% listing fee. Interview as many agents as you like for free, with no obligation.
🌟 Match with local agents and save thousands!
FAQ about 2% Commission
How much commission do realtors make?
Real estate commission is typically around 6% of the home sale price, half for the buyer’s agent and half for the seller’s agent. As the real estate market becomes more competitive, some agents or brokerages are offering lower commissions of 1–2%. Learn how to find a low commission real estate agent.
What is a 2% real estate commission?
A 2% real estate commission refers to a discounted seller’s agent fee that saves sellers money on their home sale. It’s 1% lower than the typical 3% commission. Some real estate companies offer 2% commission, while others offer even lower fees. Find the best 2% commission realtors near you.
Who pays realtor fees?
Traditionally, the seller pays the commissions of both the seller’s agent and the buyer’s agent, for a total fee of 6% of the home sale price. But you can negotiate the listing fee with your agent. Read tips for how to negotiate a real estate commission.