Virginia home buyers can now keep thousands more at closing thanks to flat-fee buyer representation. After the 2024 NAR settlement, buyers negotiate their agent's fee directly — and choosing a flat-fee managing broker instead of a percentage-based agent means dramatic savings. Here are two real Virginia closings that prove it.
Real Closing #1: Alexandria, VA — $2,295,000
SOLD — SAVED $49,380
Address: 7713 Tauxemont Rd, Alexandria, VA 22308
Sale Price: $2,295,000 | ShopProp Fee: $7,995 | Traditional Agent (2.5%): $57,375
This Northern Virginia buyer saved nearly $50,000 by choosing flat-fee representation over a traditional percentage-based agent. Same MLS access, same negotiation support, same managing broker oversight — just $7,995 instead of $57,375.
Real Closing #2: Glen Allen, VA — $394,820
SOLD — SAVED $8,850
Address: 466 Rivanna Hill Road, Glen Allen, VA 23060
Sale Price: $394,820 | ShopProp Fee: $2,995 | Traditional Agent (3%): $11,845
Even on moderately priced Richmond-area homes, the savings are significant. This buyer kept $8,850 more at closing — money that went toward closing costs and moving expenses instead of agent commissions.
How Virginia Buyer Rebates Work After the NAR Settlement
Since the 2024 NAR settlement took effect, Virginia buyers sign a buyer representation agreement that specifies their agent's fee upfront. This means you can shop for representation on price AND quality. ShopProp's managing broker model charges a flat fee starting at $1,995 — not a percentage — so your savings grow as the home price increases.
Virginia Markets We Serve
ShopProp is licensed and active across Virginia, including:
- Northern Virginia (NOVA): Alexandria, Arlington, Fairfax, Falls Church, McLean, Tysons, Reston, Herndon
- Richmond Metro: Glen Allen, Henrico, Midlothian, Short Pump, Chesterfield
- Hampton Roads: Virginia Beach, Norfolk, Newport News, Chesapeake
- Other Markets: Charlottesville, Fredericksburg, Williamsburg, Roanoke
ShopProp vs. Virginia Flat Fee Competitors
While services like Flat Fee Group and GoToFSBO operate in Virginia, ShopProp offers a managing broker with 19 years experience and 4,000+ completed transactions. Most competitors use junior agents or referral networks. With ShopProp, you get the same managing broker on every transaction — the person who reviews your disclosures, strategizes your negotiation, and oversees your closing.
Calculate Your Virginia Savings →
As featured in: NPR · USA Today · New York Post · Brookings Institution · Mercury News · Featured in discussions on Reddit's r/BayAreaRealEstate