Expert guidance from ShopProp — helping home buyers and sellers save since 2007.
The standard real estate commission in the US is typically 5-6% of the home's sale price, split between the buyer's and seller's agents. On a $500,000 home, that's $25,000-$30,000. But you don't have to pay that much.
Flat-fee brokerages like ShopProp charge a fixed amount — $4,495 for full-service listing — regardless of your home's price. The higher your home value, the more you save compared to percentage-based agents.
Traditional agents charge 2.5-3% per side. Discount brokerages like Redfin charge 1-1.5%. Flat-fee services like ShopProp charge a fixed dollar amount. On a $1M home, that's the difference between $30,000 and $4,495.
Not all discount services are equal. Key things to verify: Are they a real brokerage or just a referral service? Do they provide full MLS listing? Will you work with a licensed broker or just an agent? ShopProp guarantees a managing broker on every team.
A managing broker holds a higher license than a regular agent and has more training and accountability. ShopProp puts a managing broker on every team — something even luxury brokerages charging 3% don't always do.
The best time to negotiate is before signing a listing agreement. After the NAR settlement in 2024, commission structures are more negotiable than ever. But why negotiate when you can just pay a flat $4,495?
ShopProp's flat $4,495 fee saves you more than any percentage-based agent. Managing broker on every team.
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