If you are buying a home in Virginia, there is a good chance you are about to hand your buyer agent $15,000 to $60,000 in commission — money that could stay in your pocket. Most Virginia buyers never question the fee because the old system hid it inside the seller's side of the transaction. That changed in 2024, and now buyer commissions are negotiable and transparent.
At ShopProp, we charge a flat fee starting at $1,995 for buyer representation. No percentage. No surprises. You get a licensed managing broker — not a junior agent — handling your purchase from offer through closing.
Real Virginia Closings: The Savings Are Not Hypothetical
These are actual ShopProp transactions in Virginia, not projections.
Alexandria, VA — $2,295,000 Purchase
A buyer purchased a home on Tauxemont Road in Alexandria for $2,295,000. A traditional 2.5 percent buyer agent commission on that property would have cost $57,375. The ShopProp flat fee was $7,995. That buyer kept $49,380 that would have gone to the agent under a percentage-based agreement.
Glen Allen, VA — $394,820 Purchase
Another Virginia buyer purchased a home on Rivanna Hill Road for $394,820. A 2.5 percent commission would have been $9,870. ShopProp's flat fee was $2,995. The buyer saved $6,875.
Combined, these two Virginia clients saved over $56,000 compared to percentage-based commissions.
Why Percentage Commissions Make No Sense for Buyers
A buyer agent's work does not scale with property price. Showing a $400,000 condo takes the same effort as showing a $2 million home. Writing an offer is the same paperwork. Coordinating inspections follows the same process. Yet under the percentage model, the agent on the $2 million home earns five times more for essentially the same work.
Virginia's median home price is around $430,000. At 2.5 percent, that is $10,750 in buyer agent fees. ShopProp's flat fee for that price range is $1,995 — an $8,755 difference that stays in your pocket or goes toward your down payment.
Managing Broker vs. Junior Agent
Most brokerages assign new buyers to their least experienced agents. ShopProp operates differently. Your transaction is managed by a licensed managing broker with 19 years of experience and over 315 successful closings across eight states.
Rob Lippincott, ShopProp's managing broker, has handled transactions from $150,000 starter homes to a $10.2 million estate in Atherton, California. Every client gets the same level of expertise regardless of price point.
ShopProp Buyer Flat Fees in Virginia
- Under $500K: $1,995
- $500K to $750K: $2,995
- $750K to $1M: $3,995
- $1M to $2M: $4,995
- $2M and above: $7,995
Compare that to 2.5 percent on a $750,000 home ($18,750) versus ShopProp's $2,995. That is $15,755 back in your pocket.
How It Works
- Use the ShopProp savings calculator to see your exact savings based on your target price.
- Sign up on shopprop.com — free, no obligation.
- Search homes, schedule showings, and submit offers through the platform.
- Your managing broker handles negotiations, inspections, and closing coordination.
- At closing, you pay the flat fee instead of a percentage commission.
Virginia Markets We Serve
ShopProp is licensed in Virginia and serves buyers across the state, including Northern Virginia (Alexandria, Arlington, Fairfax, Reston, McLean, Tysons), Richmond, Virginia Beach, Norfolk, Chesapeake, Newport News, Hampton Roads, Charlottesville, and surrounding areas.
See all ShopProp closings and verified savings at the Top Results page.
As reported by NPR, the 2024 settlement made buyer agent commissions fully negotiable. ShopProp has been offering flat-fee buyer representation since 2007 — nearly two decades before the industry was forced to change.