Selling your home is a big deal – emotionally, logistically, and financially. And when you realize how much you might spend on commissions (often around 5–6% of the sale price in average real estate models), it’s natural to wonder:
“Is there a more cost-effective way to sell my home?”
That’s where flat-fee real estate brokerages come in.
If you’ve heard of companies offering to list homes for a set price instead of a percentage-based commission, you’re not alone. In this guide, we’ll explain what flat-fee real estate services are, how they work, and how to assess if they’re right for your situation.
What Is a Flat-Fee Real Estate Agent?
A flat-fee agent charges a set amount for listing and helping you sell your home – instead of earning a percentage of your home’s sale price. This approach can make the cost of selling more predictable.
Here’s an illustrative example:
| Home Sale Price | 6% Average Agent Fee | Flat-Fee Example (plus buyer compensation) |
| $400,000 | $24,000 | $5,000* |
| $600,000 | $36,000 | $5,000* |
*Flat fees vary and may range from $3,000–$11,000 depending on services and region. These examples are for educational purposes only. Buyer broker compensation is typically an additional cost, set by the seller as a marketing decision.
Types of Flat-Fee Services (And What They Include)
Not all flat-fee models are alike. Here’s a breakdown of common types:
1. MLS-Only Listing Services
- List your home on the MLS, but offer limited or no agent support
- Typically priced from $99 to $500
- Best for experienced sellers managing everything themselves
- Sellers take 100% of the liability if things go wrong or in negotiations
2. Flat-Fee Full-Service Brokerages (Like Homie)
- Licensed real estate agents guide you from start to finish
- Services may include pricing strategy, marketing, negotiations, contracts, and closing coordination
- Flat fees range from $3,000-$11,000 depending on location and services
- A middle ground between DIY and full-service traditional options
3. Discounted Percentage-Based Agents
- Charge a reduced commission (e.g., 1-2%)
- May include fewer services than full-service agents
- Still based on sale price, so costs may be higher than a flat fee depending on your home’s value
It is important to note: working with a professional, market-savvy agent – like the ones at Homie – can actually help you save more and spend less, even after paying a commission. Our agents know how to negotiate lower purchase prices, secure seller-paid repairs or concessions, and even reduce loan costs.
Plus, Homie buyers often get access to exclusive deals and special interest rates you won’t find anywhere else. It all adds up to real savings.
What About Savings?
Savings will depend on your home’s price, the services you select, and how you choose to compensate a buyer’s agent.
For example, if your home sells for $500,000:
- An average agent 6% total commission could cost around $30,000 (source: NAR)
- A flat fee of $5,000-$7,000 plus a buyer agent commission of 2-3% could lead to potential savings
* All commission amounts – including buyer agent compensation – are fully negotiable and set by the seller.
Flat-Fee Real Estate FAQs
Do flat-fee agents operate nationwide?
Availability varies. Homie currently offers services in select states with experienced local agents.
Will I still have a dedicated agent?
It depends on the brokerage. Homie clients are supported by licensed, experienced agents throughout the transaction.
Do I still need to offer compensation to the buyer’s agent?
Not necessarily. Buyer broker compensation is entirely up to the seller – though offering one may increase buyer interest.
How to Choose the Right Fit
Here are some helpful questions to ask when comparing flat-fee vs traditional agents:
- What’s included in the fee?
- Will I have a dedicated agent?
- How much local experience does the agent or brokerage have?
- Do they help with contracts, pricing, negotiations, and closing?
- What happens if the home doesn’t sell?
When comparing flat-fee real estate options to percentage-based commission models, it’s essential to consider both cost and service. Homie offers a full-service experience with licensed, local agents who guide you through every step – from pricing and marketing to negotiations and closing – all for a flat fee that helps you keep more of your equity.
With the right support and a transparent pricing model, you don’t have to compromise.
Flat-fee real estate agents like Homie combine expert service with significant savings, making it easier and smarter to sell your home on your terms.
Final Thoughts
Selling your home doesn’t have to mean sacrificing a large portion of your equity. Flat-fee real estate brokerages offer an alternative model that gives you more control over costs, while still allowing for professional support.
At Homie, we believe sellers deserve the benefits of full-service real estate – without outdated commission structures. Our licensed, local agents provide expert guidance for a flat fee ranging from $3,000 to $11,000, depending on your area and needs.
Whether you’re buying, selling, or doing both, Homie is here to help you make smart real estate decisions – and keep more of what’s yours.
*All brokerage fees, including listing and buyer agent compensation, are fully negotiable and determined solely by the seller and service provider.
*Flat-fee pricing and service availability may vary by location.
*Past performance is not indicative of future results.
*Examples and potential savings are for illustrative purposes only.