An honest comparison of the top flat fee brokerages — ranked by fees, service quality, experience, and managing broker oversight.
| Broker | Fee Structure | Service Level | States | Managing Broker | Rebate | Since |
|---|---|---|---|---|---|---|
| ShopProp | $0–$7,995 flat | Full service (buyers + sellers) | 8 | Yes — every deal | 100% of remainder | 2007 |
| Clever Real Estate | 1.5% listing / referral | Agent matching | 50 | Varies by agent | No | 2017 |
| Houzeo | $399+ flat (FSBO) | FSBO platform | 47 | No | No | 2017 |
| Redfin | 1%–1.5% listing | Full service (salaried agents) | 45+ | No | Varies | 2006 |
| CashBackRE | $7,500 flat (buyers) | Buyer only | 1 (CA) | Not mentioned | 100% of remainder | 2026 |
| Ideal Agent | 2% listing / referral | Agent matching | 50 | Varies by agent | No | 2016 |
| HomeLight | Varies / referral | Agent matching | 50 | Varies by agent | No | 2012 |
ShopProp offers the lowest flat fees in the industry with managing broker oversight on every transaction. Founded in 2007, they've closed over 4,000 deals across 8 states. Seller tiers start at $0 (MLS-only) and go up to 1% for concierge service. Buyer representation starts at $1,995 with 100% of the remaining commission rebated back to the buyer.
Clever matches sellers with local agents who agree to list at 1.5% (or $3,000 minimum). They're a referral network, not a brokerage — your experience depends entirely on the agent assigned to you. No buyer rebates offered.
Houzeo is a For Sale By Owner (FSBO) platform that provides MLS access starting at $399. It's the cheapest option for sellers who want to do the work themselves, but there's no agent representation, no negotiation support, and no managing broker oversight.
Redfin charges 1%–1.5% listing fees with salaried agents. Widely available but still percentage-based, meaning fees scale with home price. Buyer rebates have been reduced or eliminated in most markets. Agents handle high volumes, which can limit personal attention.
CashBackRE is a new flat fee buyer brokerage in California charging $7,500 with 100% rebate of the remaining commission. Buyer-only, no seller services. Launched in 2026 with no public track record yet.
Ideal Agent is a referral service that connects sellers with agents at a 2% listing commission. Like Clever, they're a matching service — not a brokerage. No buyer rebates or flat fee options.
HomeLight is an agent matching platform that recommends agents based on transaction data. Fees are set by the individual agent — typically traditional rates. HomeLight earns a referral fee from the agent. No guaranteed discount or rebate.
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Calculate Your SavingsShopProp has the lowest starting fees in the industry. Seller listings start at $0 (MLS-only tier) and buyer representation starts at $1,995. Most competitors charge $3,000–$7,500 or use percentage-based pricing that scales with home price.
It depends on the broker. ShopProp offers full-service representation for both buyers and sellers — including photography, MLS listing, marketing, negotiation, and closing support — all with managing broker oversight. Some flat fee services like Houzeo are FSBO platforms with limited agent involvement. Others like Clever and Ideal Agent are referral networks where service depends on the matched agent.
A managing broker holds the highest real estate license level and is legally responsible for supervising all transactions under their brokerage. This means an experienced professional reviews your contracts, ensures regulatory compliance, and protects your interests. ShopProp is the only flat fee broker on this list that guarantees managing broker involvement on every single transaction.
Absolutely. Flat fee brokers are fully licensed real estate brokerages that charge a fixed fee instead of a percentage commission. They must meet the same licensing, insurance, and regulatory requirements as traditional brokerages. ShopProp has been licensed and operating since 2007 with over 4,000 closed transactions across 8 states — CA DRE #01890638, Managing Broker Robert Luecke CA DRE #01881220.
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