400 Patrick Way, Los Altos, CA just closed at $3,800,000 — a stunning $400,000 over the listing price.
The seller chose ShopProp and paid a flat fee of $7,995 for full-service representation. A traditional listing agent charging 2.5% would have taken $95,000 in commission.
The seller kept $87,005 that would have gone to a traditional agent.
The Numbers
- Sale price: $3,800,000
- Over asking: $400,000
- Traditional 2.5% commission: $95,000
- ShopProp flat fee: $7,995
- Seller savings: $87,005
Full Service, Flat Fee
This was not a discount listing. ShopProp provided full-service luxury representation — professional photography, staging consultation, MLS listing, open houses, offer negotiation, and closing management. The result speaks for itself: $400,000 over asking price.
The difference? A managing broker handled the entire transaction. Not a junior agent. Not a team lead. The managing broker — with 18 years of experience and over 4,000 completed transactions since 2007.
Why Los Altos Sellers Choose Flat Fee
In a market where homes routinely sell above $2 million, the traditional percentage-based commission becomes absurd. At 2.5%, a $3.8M sale costs the seller $95,000 in listing commission alone. The work involved does not scale with the price — the same marketing, the same negotiation, the same paperwork whether the home is $800K or $3.8M.
ShopProp flat fee tiers: $4,995 for homes under $1M, $6,995 for $1M-$2M, and $7,995 for homes over $2M. Full service at every tier.
Calculate Your Savings
Use our savings calculator to see exactly how much you would keep at closing with ShopProp versus a traditional agent.
ShopProp is licensed in Washington, California, Hawaii, Arizona, Texas, Virginia, Colorado, and Michigan. Learn more or get started today.
As featured in NPR, USA Today, and New York Post.
