Clever Real Estate

Clever Real Estate

Nationwide referral service that helps you sell your home and save on commission.

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$2.0m

Valuation: $40.0m

Late VC
Total Funding000k
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More about Clever Real Estate
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Clever Real Estate is a service that connects home buyers and sellers with top-rated real estate agents across the United States. Operating in all 50 states and Washington, D.C., Clever pre-negotiates lower commission rates with these agents, allowing clients to save significant amounts on their real estate transactions. The company primarily serves home sellers and buyers looking for professional, full-service real estate assistance at a reduced cost. Clever's business model involves partnering with experienced local agents who agree to offer their services for a flat fee of $3,000 or a 1% commission, compared to the traditional 6% rate. Clever makes money by charging these agents a referral fee for each client they successfully close a deal with. The platform also provides ongoing support through its Concierge Team, ensuring a smooth and efficient process for its users. By leveraging data-driven processes, Clever matches clients with the best agents suited to their specific needs, resulting in faster sales and higher customer satisfaction.

Keywords: real estate, commission savings, top-rated agents, home buyers, home sellers, nationwide service, flat fee, data-driven, concierge support, referral fee.

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Investments by Clever Real Estate

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Gravy Technologies
ACQUISITION by Clever Real Estate Jan 2024