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2026 Guide

Lowest Commission Real Estate Agents in 2026

Forget the marketing. Here's what you actually pay — on a $500K home and a $1M home — at every major low-commission brokerage.

ShopProp: As featured in NPR, USA Today, NY Post, MarketWatch, and Mercury News

What You Actually Pay — The Math

Listing (seller-side) fees on a $500,000 home and a $1,000,000 home.

On a $500,000 Home

Traditional Agent (3%)$15,000
Ideal Agent (2%)$10,000
Clever Real Estate (1.5%)$7,500
Redfin (1.5%)$7,500
1 Percent Lists (1%)$5,000
ShopProp Full Service (flat)$4,995

On a $1,000,000 Home

Traditional Agent (3%)$30,000
Ideal Agent (2%)$20,000
Clever Real Estate (1.5%)$15,000
Redfin (1.5%)$15,000
1 Percent Lists (1%)$10,000
ShopProp Full Service (flat)$4,995

On a $2,000,000 Home

Traditional Agent (3%)$60,000
Ideal Agent (2%)$40,000
Clever Real Estate (1.5%)$30,000
Redfin (1.5%)$30,000
1 Percent Lists (1%)$20,000
ShopProp Full Service (flat)$4,995

The higher your home's value, the more a flat fee saves over any percentage — even 1%.

Key insight: Every percentage-based "low commission" agent becomes more expensive as your home price rises. Only a flat fee stays the same. ShopProp's $4,995 is the same on a $400K home as on a $4M home.

Full Comparison

Brokerage Listing Fee Model Managing Broker States Since
ShopProp Flat $4,995 Full service, flat fee Yes — every deal 8 2007
1 Percent Lists 1% Full service, percentage No 30+ 2016
Redfin 1%–1.5% Salaried agents No 45+ 2006
Clever Real Estate 1.5% ($3K min) Agent matching/referral Varies 50 2017
Ideal Agent 2% Agent matching/referral Varies 50 2016
Houzeo $399+ (FSBO) FSBO platform (DIY) No 47 2017
Traditional Agent 2.5%–3% Full service, percentage Rarely — —

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#1 — Lowest Overall
ShopProp

ShopProp is a flat fee brokerage founded in 2007 with 4,000+ closed transactions across 8 states. Unlike percentage-based "low commission" agents, ShopProp charges a fixed dollar amount regardless of home price. Full-service seller listings are $4,995. Buyer representation starts at $1,995 with 100% of the remaining buyer commission rebated at closing.

The critical differentiator: a managing broker — the highest license level in real estate — is involved in every single transaction. Most low-commission brokerages use junior agents with minimal oversight.

Listing Fee: Flat $4,995 (Full Service)
Tiers: $0 / $2,995 / $4,995 / $6,995
Buyer Fee: From $1,995 + 100% rebate
States: AZ, CA, CO, HI, MI, TX, VA, WA

Pros

  • Lowest flat fee in the industry ($4,995 full service)
  • Managing broker on every transaction
  • 19 years in business, 4,000+ deals
  • Full service for both buyers and sellers
  • 100% buyer commission rebate (after flat fee)
  • Featured in NPR, USA Today, NY Post

Cons

  • Available in 8 states (not nationwide)
  • Not ideal if you want a neighborhood-specific agent assigned to you
#2
1 Percent Lists

1 Percent Lists charges a 1% listing fee with full-service representation. Founded in 2016, they've expanded to 30+ states through a franchise model. At 1%, they're cheaper than Redfin and Clever — but still more expensive than ShopProp on homes above $450K. No managing broker guarantee.

Listing Fee: 1%
On $500K: $5,000
On $1M: $10,000
Model: Franchise

Pros

  • Lower than traditional 3% agents
  • Full-service representation
  • Growing nationwide footprint

Cons

  • Still percentage-based — scales with home price
  • Franchise model = inconsistent quality
  • No managing broker guarantee
  • $5,505 more than ShopProp on a $1M home
#3
Redfin

Redfin is a publicly traded brokerage that charges 1%–1.5% for listings with salaried agents. Widely available and well-known, but their fee is still percentage-based. On a $1M home, Redfin's 1.5% fee is $15,000 — more than triple ShopProp's $4,995. Agent assignment is automated; you don't choose your agent.

Listing Fee: 1%–1.5%
On $500K: $5,000–$7,500
On $1M: $10,000–$15,000
Since: 2006

Pros

  • Available in 45+ states
  • Strong technology platform
  • Well-known brand

Cons

  • Percentage-based — expensive on higher-value homes
  • No choice of agent
  • No managing broker on transactions
  • Agent turnover and workload concerns
#4
Clever Real Estate

Clever is an agent matching service that pre-negotiates a 1.5% listing fee ($3,000 minimum) with local agents. They don't employ agents directly — they refer you to agents from RE/MAX, eXp, and other brokerages. Quality depends entirely on which agent you're matched with. No buyer rebate.

Listing Fee: 1.5% ($3K min)
On $500K: $7,500
On $1M: $15,000
Model: Referral/matching

Pros

  • Available nationwide
  • Agents from established brokerages
  • Free to use the matching service

Cons

  • 1.5% still adds up fast on expensive homes
  • No control over brokerage quality
  • No buyer commission rebate
  • $10,505 more than ShopProp on $1M home
#5
Ideal Agent

Ideal Agent matches sellers with agents who agree to a 2% listing commission. While cheaper than a traditional 3% agent, 2% is still significantly more expensive than flat fee alternatives — especially on high-value homes.

Listing Fee: 2%
On $500K: $10,000
On $1M: $20,000
Model: Referral/matching

Pros

  • Nationwide availability
  • Curated agent network

Cons

  • 2% is barely a discount on most homes
  • $15,505 more than ShopProp on $1M home
  • No buyer rebate
Notable Mention
Houzeo (FSBO Platform)

Houzeo charges $399+ for a flat fee MLS listing — the lowest listed price in the industry. But it's a FSBO (for sale by owner) platform, not a brokerage. You handle showings, negotiations, paperwork, and closing yourself. There's no agent representation, no managing broker, and no one negotiating on your behalf. If you're comfortable doing everything yourself, the price is hard to beat. If you want actual representation, it's not comparable.

Fee: $399+ (MLS listing only)
Service: DIY / FSBO
Agent: None

Common Questions

Who is the lowest commission real estate agent?

For full-service representation, ShopProp charges the lowest fees in the industry. Seller listing fees are a flat $4,995 regardless of home price — compared to 1%–3% at other brokerages. On a $750,000 home, that's $4,995 vs. $7,500 (1%) or $22,500 (3%). Buyer representation starts at $1,995 with 100% of the remaining commission rebated.

What is the lowest commission you can negotiate with a real estate agent?

Traditional agents typically charge 2.5%–3% but may negotiate down to 1.5%–2%. With a flat fee broker like ShopProp, there's nothing to negotiate — you pay $4,995 for full service regardless of home price. The higher your home's value, the more you save compared to any percentage-based agent.

Is a 1% commission realtor worth it?

A 1% listing fee is better than 3%, but it still scales with your home price. On a $1M home, 1% = $10,000 — more than double ShopProp's $4,995. On a $2M home, 1% = $20,000. A flat fee saves more the higher your home's value. And ShopProp includes a managing broker on every deal — something 1% agents rarely offer.

Are low commission agents as good as traditional agents?

It depends on the brokerage. ShopProp provides full-service representation with a managing broker — the highest license level — on every transaction. That's more oversight than most traditional brokerages offer. 4,000+ transactions since 2007 and a 4.9-star rating speak to the quality. The low fee reflects an efficient business model, not reduced service.

What about buyer rebates?

Most low-commission companies focus only on sellers. ShopProp also offers the biggest buyer rebates in the industry — starting from $1,995 flat fee with 100% of the remaining buyer commission returned to you at closing. On a $1M purchase with 2.5% commission, that's $23,005 back.

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As featured in NPR · USA Today · New York Post · Brookings Institution · Mercury News · MarketWatch

Featured in discussions on Reddit's r/BayAreaRealEstate

Featured in National Media

ShopProp in the Press

Fresh coverage lives on ShopProp's press page. These are the same outlet links we should keep reusing across the site.

Redfin
How much house can I afford with an FHA loan?
Rob Luecke of ShopProp quoted as the Expert Tip on budgeting an FHA purchase (October 2026).
NPR
Flat-fee brokers offer an alternative
The strongest national citation, including the $247,000 Atherton rebate example.
MarketWatch
How buying a house changed in August
National coverage on post-settlement buyer commission changes and flat-fee alternatives.
New York Post
What to expect from the NAR settlement
A national mainstream reference for ShopProp's anti-commission position and buyer savings story.
Business Wire
Free buyer representation announcement
Direct company news coverage explaining ShopProp's stance on buyer representation costs.
Orange County Register
Home buying a la carte
An older but valuable third-party citation showing this model has real history, not startup hype.
Viral on X
Atherton home post that blew up
The third-party X post about the $10.2M Atherton purchase that drove major organic attention.

Client reviews   5.0★ Google (100+ reviews) · 5.0★ Zillow (200+ reviews) · 4.8★ Yelp (50+ reviews) · 4.3★ Trustpilot

See all press coverage on ShopProp →