We ranked 8 discount real estate brokers in Minneapolis, Minnesota. Read on for the full list of companies, or use our free matching tool to compare top discount realtors near you.
What is a discount real estate broker? (more)
- Minneapolis discount real estate brokers offer a similar range of services and support as conventional realtors for a lower price.
- The average home seller in Minnesota pays 3.15% in listing fees.
- Discount realtors typically deliver savings by charging lower listing fees (e.g., 1.5%) at closing.
- You should still expect to offer a competitive seller concession, usually 2-3%, to help buyers cover the cost of hiring an agent.
How to choose a discount realtor (more)
- Stick with companies that offer in-person representation and "full service" (including an on-site comparative market analysis and professional photography). Avoid brands that only provide "remote" or "virtual" broker support.
- We recommend brands with success-based fees (you only pay at closing) and transparent pricing models. Watch out for upfront, nonrefundable fees and high minimum fees.
- Don't just rely on the advertised commission rate. Calculate your actual estimated commission fee based on your estimated home value. This is especially important for companies with flat fee models or high minimum fees to avoid paying more than advertised.
- Customer ratings are generally more important than small differences in pricing models. Look for companies with high average ratings based on large numbers of reviews.
- Be sure to interview the specific agent you'll be working with and evaluate them based on the same criteria you'd use to choose a conventional realtor.
Should I sell with a discount realtor? (more)
- Consider a discount real estate broker if saving on real estate commission fees is a top priority but you still want a real estate agent to guide and support you through the process.
- Discount realtors sometimes handle more customers at once to offset their lower rates. Some sellers say this can lead to less hands-on, personalized service compared to a conventional realtor. (Try Clever: list with top local realtors, save up to 50% on listing fees.)
- We recommend sellers with more complicated properties or circumstances stick with conventional realtors with experience that fits their needs.
- That being said, discount brokerage service models and customer experiences vary widely, which is why throughly interviewing and vetting any agent is so important.
Discount real estate broker alternatives (more)
- Clever Real Estate gets you special discounted rates from top, conventional realtors representing major brokerages like RE/MAX, Century 21, and Compass. Take our simple quiz to get personalized agent recommendations and save up to 50% on listing fees.
- You can try to negotiate a lower commission rate with a conventional realtor yourself, but this can be difficult to do (only about 22% of sellers who try to negotiate are successful). Negotiating is easier if you have a pricier home, are selling in a particularly hot market, or already have a buyer lined up.
- If you're selling your house by owner and just want a marketing boost, a flat fee MLS service may be a better fit. Basic flat fee MLS plans get your listing on the local MLS for around $150. Premium plans include more services, like pro photography, but can cost well over $1,000.
- If you want to sell your house fast or are listing a home in poor condition, consider a cash home buyer company. Cash home buyers will purchase almost any home in any condition. You typically don't have to pay realtor commissions and many will actually cover your closing costs. And because they pay cash, they can usually close in a matter of days.
Top discount real estate brokers in Minneapolis, Minnesota
- Answer 5 simple questions about your sale
- Get matched with 2-3 top local agents in minutes
- Compare options, choose the best fit, save up to 50% on fees
Explore all discount real estate brokerages in Minneapolis, Minnesota
Our Rating
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Listing Fee
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At a glance
Pricing & services
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Company info
Things to know: Available statewide in Minnesota | Active in Minnesota since 2020 | Most competitive rates
Potential concerns: None found
Our Rating
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At a glance
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Company info
Things to know: Locally operated in Minneapolis | Active since 2019 | Most competitive rates
Potential concerns: Charges a $600 upfront fee
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Things to know: 209 transactions in Minnesota in past 18 months | Locally operated in Minneapolis | Active since 2007 | Most competitive rates
Potential concerns: No new verified customer reviews in last 6 months
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Things to know: Locally operated in Minneapolis | Most competitive rates
Potential concerns: No new verified customer reviews in last 6 months
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At a glance
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Things to know: Available statewide in Minnesota | Active since 2014 | Most competitive rates
Potential concerns: Charges a $399 upfront fee | No new verified customer reviews in last 6 months
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At a glance
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Company info
Things to know: Available statewide in Minnesota | Active since 2021 | Most competitive rates
Potential concerns: Charges a $3,504 upfront fee | No new verified customer reviews in last 6 months
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At a glance
Pricing & services
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Company info
Things to know: 10 reviews and 4.2 average rating in past 6 months | Available statewide in Minnesota | Active since 2019 | No verified pricing details
Potential concerns: None found
Our Rating
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Est. total fee*
At a glance
Pricing & services
Reviews
Company info
Things to know: Available in 21 Minnesota markets | Active since 2020 | Limited savings
Potential concerns: No new verified customer reviews in last 6 months | Fee structure may offer limited savings
Find discount real estate brokers near you
- Answer 5 simple questions about your sale
- Get matched with 2-3 top local agents in minutes
- Compare options, choose the best fit, save up to 50% on fees
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Why trust us
Data sources
Our team evaluated 8 discount real estate brokerages serving Minneapolis, Minnesota. We analyzed over 18,267,797 data points tied to customer reviews, transaction history, pricing details, and more to determine the best Minneapolis discount real estate brokers.
Methodology
Using public business directories, our team identified companies and agents serving Minneapolis, Minnesota calling themselves discount real estate brokers or discount realtors. We ranked each company based on the following criteria:
- Pricing: Does the company's pricing model offer significant potential savings compared to rates conventional realtors charge? We estimate the listing fee and total commission rate for each brand across four different price points. We use this universal "savings index" to compare non-apples-to-apples pricing models (percentage-based fees, flat fees, tiered pricing, etc.). We also penalize companies for upfront, nonrefundable fees and other hidden costs.
- Services: Does the company offer full service and support? We try to verify if each discount real estate brokerage offers full, in-person representation. We're currently working on assessing the scope and quality of individual services discount brokers offer and will be adding this data to our rankings soon.
- Customer Reviews: Does the company consistently receive positive customer reviews from home sellers? We gauge how reliable, professional, and fair each brokerage is by evaluating all public reviews for average rating, total number of reviews, and percentage of negative reviews.
- Recent Activity: How active has the brokerage been lately? We check recent reviews and transaction history to determine whether or not each company has an established presence in your market.
✍️ Editor’s note: Limited or missing data doesn't disqualify a company from our list, but it does lower the company’s ranking. We base our rankings on objective measurements, and we can only measure what we can see. We regularly try to find missing data to update our rankings accordingly.
Editorial policy
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