
When you are ready to sell your home, the top online real estate companies can help meet all your immediate needs. Online real estate companies are great tools for sellers because of their convenience. As a seller, you will be able to find a top agent, market your home’s amenities, provide photos, and give valuable information about your property to a large audience of potential buyers. Online real estate companies use the power of the internet to facilitate buying, selling, renting, or trading properties. There is no doubt that online real estate services dominate the way people look for homes to purchase. In 2021, 95% of buyers used online tools in the search process, and 41% of recent buyers’ first step was to look online for properties, according to a National Association of Realtors (NAR) Report. Keep reading for an overview of some of the top online real estate companies and the services they provide. The real estate market is complex and ever-changing. Like all industries, the internet has had a significant impact on how we conduct real estate transactions. Online real estate companies provide: Overall, top online real estate companies provide massive convenience for buyers and sellers. As the market continues to change, an online real estate company is another tool in your toolbox that will help you conduct your transaction quickly and efficiently. The following list compiles some of the best online real estate companies for home sellers. HomeLight provides a number of valuable real estate services, the most popular being a 100% free service that matches you with a top-rated local real estate agent. With 28,000 agents in-network, HomeLight commands the most extensive matching service in the United States, making it one of the top online real estate companies. You can take the hassle out of researching and locating an agent because HomeLight will do it for you. The service is free, fast, and convenient. The comprehensive network of agents provides you with the flexibility and information to make the right choice for your needs. HomeLight offers home sellers a convenient and reliable way to sell your home faster by matching you with the right agent for your market and circumstances. It takes only two minutes to connect you with a trusted, proven agent that can sell your home faster and for more money. HomeLight’s transaction data shows the top 5% of agents across the U.S. help clients sell their homes for as much as 10% more than the average real estate agent. Use HomeLight to get data-backed recommendations at no cost to you. HomeLight offers: *Some services like Trade-In and Cash Offer are not available in all states HomeLight makes money through agent matching by charging the network agent a referral fee. Agents pay the company a portion of their commission when the real estate transaction is finalized. This is standard for all agent matching services in the industry. The referral fee enables HomeLight to offer its matching service to sellers for free. HomeLight does not cost you anything to connect with a top local real estate agent. Other HomeLight programs, such as Trade-In, may charge service fees. All in all, almost everyone uses a real estate agent to make the home selling process more accessible. According to the National Association of Realtors, 90% of sellers were assisted by an agent last year when selling their home. Finding a top real estate agent is the most valuable and crucial step you’re likely to take when you sell your home. HomeLight’s Agent Match service makes the process of finding a competent and local real estate agent easy. You can find a top agent in your area in less than two minutes and start planning the sale of your home. Redfin is a Seattle-based discount real estate brokerage company. Redfin lists the seller’s home for a modest fee and offers money back for buyers. One thing to note is that Redfin does not allow FSBO (for sale by owner) listings. Redfin charges sellers a listing fee of 1%-1.5%. The company may also make money from reselling the homes it has acquired through its iBuying arm called RedfinNow. It buys properties, cleans them up, and then resells them on its websites. There is a cost for home sellers. To use Redfin, sellers typically pay 1%-1.5% of the home’s value as a listing fee. Sellers may need to pay up to a 2.5% listing fee for additional services. Opendoor is the largest iBuying company in the U.S. It’s in the house-buying business – the company makes cash offers online and relists the home for sale on its website. Opendoor deducts repair costs from the seller’s net proceeds so the seller avoids the typical home preparation expenses. Opendoor says, “We do the work. You think about repairs only once.” It offers a mobile app and financing to make the home selling and buying process more manageable. Opendoor gets your home’s information, and then you do a video walkthrough of your home. The company makes a cash offer, and if you decide to accept it, they’ll close and pay within days. Opendoor will also connect you with an agent if you prefer to take a more traditional home selling route. Opendoor collects a service charge similar to an agent’s commission. Typically, the amount is between 5%-8% but can be as high as 14% in some cases. The company may also make money from reselling the homes it has acquired through its iBuying efforts. If you sell to Opendoor, there is a 5%-14% service charge that Opendoor levies on each sale. If you list on Opendoor, they generally estimate a 5% service charge, 1% closing costs, and 0%-2% seller concession costs. Realtor.com is a real estate listing website maintained by the National Association of Realtors. It offers a list of for-sale properties, information, and services to assist with real estate transactions. It is the 2nd most visited real estate listing website in the U.S. The parent real estate company, Move, Inc. (owned by News Corporation), also owns: Along with its vast MLS listings reach and a solid reputation, Realtor.com offers home sellers a seller guide for planning and a Seller’s Marketplace. Realtor.com makes money from sponsored posts and referral fees from agents it matches. If you find a property on the website, you get connected with a representative that takes your information and contacts a Realtor. The Realtor pays the company a referral fee. Realtor.com gets all its listings from the MLS. As a seller, you cannot post or share a listing on Realtor.com. You need to be a real estate agent or professional to use their listing services. If you are dead-set on being a FSBO seller, an MLS company can list your home on the local MLS for a flat fee. Launched in 2015, Offerpad is another major player in the iBuyer industry. The company buys and sells homes in 16 states and is working to expand. Offerpad has a larger transaction presence in the metro areas in the southern U.S. With the service, you avoid showings, pick your closing day, and stay in your current home for up to three days after you close. If you do not accept the cash offer, you can list your home with Offerpad. If your home needs repairs and renovations, Offerpad will advance you the money and recoup it when the house sells. You can also use this service to sell your home and buy your next home. Offerpad charges sellers a service fee that ranges from 6%-10%. In addition, Offerpad may make money from the homes it buys and sells from cash purchases. Offerpad charges a service fee to sell the home. Offerpad Express is 5% of the final sale price; Flex is 6% of the final sale price. If you choose the Flex option for repairs and renovations, you may incur additional expenses. The Flex program allows you to make repairs and renovations with a cash advance from Offerpad. Still, upon the sale of your home, you must pay that advance back. Offerpad has tips and guides to using their services: Zillow Group, Inc. is the most visited real estate website in the U.S. Established in 2004, the company launched its website in 2006. The website offers customers full-service options for buying, selling, renting, and financing. Zillow enables you to sell with a real estate agent, a Premier agent, or by yourself: The primary way Zillow makes its money is with the Premier Service for agents. Here’s how it works: Another way Zillow tried to make money in the past was with its now-defunct Zillow Offers program. The program would let customers input their home data and receive a cash offer similar to other iBuyer platforms. If the customer accepted the offer, the company would buy the home and sell it in a 90-day window. In November 2021, after $880 million in losses for the year, Zillow discontinued its Zillow Offers program. Zillow also makes money by selling ads to landlords, mortgage companies, and other real estate adjacent businesses like contractors, interior designers, and home staging companies. It’s free to list your home on Zillow. The company makes money from listings in other ways, including getting ad revenue from your listing and partnering you with a Premier agent. You will likely have to pay the Premier agent broker’s fee. UpNest is an online real estate website that connects real estate agents with home buyers. To access the connection, real estate agents pay UpNest a referral fee. Using UpNest, you can quickly compare real estate agents’ experience, reviews, and commission rates to select the best agent for your needs. UpNest is a no-obligation and free service. You fill out your preferences for a real estate agent, and within 24 hours, 3-5 real estate agents send you commission rate quotes. Then, you compare those proposals, interview, and hire the best agent for you. UpNest earns money by taking a percentage of the partner agent’s commission. If you get referred to an agent and complete a transaction, the agent receives a commission. As with most agent-finding services, UpNest takes a portion of that commission as a referral fee. UpNest’s agent matching is free to use as a seller. However, you’ll still pay the real estate agent’s commission if you are selling. A typical commission is 5%-6% of the final sale price. However, UpNest says it strives to identify agents willing to offer competitive, lower-than-average commission rates. Clever is an online national brokerage service that connects agents with customers looking to buy or sell their homes. Unlike other companies, agents do not pay for leads but instead pay a referral fee when the agent successfully helps a customer purchase or sell a home. Clever offers home sellers the ability to connect with real estate agents. Here is how Clever works: Clever makes its money via referral fees paid by agents to the online real estate broker. There is no cost to the seller as Clever’s agent match service is 100% free. Successful home sellers using Clever will need to pay the agent’s flat fee of $3,000 or a reduced fee of 1%, and the buyer’s agent’s 3% fee. For homes over $150,000, Clever also offers home buyers 0.5% of the purchase price back at closing. Clever does not provide additional services. The company is primarily a referral service that connects home sellers with agents in a local market. Movoto is a brokerage service that provides information and tools to customers selling their homes. The company has a team of agents who facilitate the home selling process. It is among the fastest-growing home listing websites in the U.S. Movoto provides tools and expert guidance for you to sell your home. First, they offer a free home valuation based on their market analysis. Second, Movoto matches you with an agent who walks you through the selling process. AI-powered real estate firm OJO Labs acquired Movoto in 2020. The acquisition transformed Movoto into a full-service company that provides a team of experienced agents in local markets. The agents can help you in all facets of the homebuying process and charge a standard fee when you sell your home with them. There is no cost to use Movoto, but you will still need to pay the standard agent’s commission fee. Movoto’s CEO Imitiyaz Haque says the company’s greatest strengths can be found in their fully optimized search site, personalized consumer experience, and their real estate network, which they bring together to form a scaled end-to-end solution. In other words, the convenience and value that Movoto provides for consumers is their number one service. Trulia is a subsidiary of Zillow that uses local data and maps to assist buyers and renters in finding homes. Trulia offers unique data, including commute times, crime statistics, schools, churches, and local businesses. Through Zillow, Trulia provides an opportunity for FSBO sellers to use their service. For the most part, Trulia functions as an additional listing for Zillow. Trulia does not offer much for sellers other than the advice to go to the partner site, Zillow. Trulia makes its money with advertising. As part of the Zillow ecosystem, buyers can see listings from real estate agents. Those real estate agents and property owners pay a tiered subscription fee to Trulia to have their properties advertised on the website. Home sellers cannot use Trulia to sell their homes. It is primarily a website for homebuying and rentals. The three services that Trulia delivers are: Zillow is the most popular website for sellers. Other websites are gaining in popularity since the company closed down Zillow Offers. Zillow has about 36 million visits per month; Trulia is second with 23 million; and Yahoo! Home is third with around 20 million, according to Statista.com. The real estate industry has an enormous market value. By some estimates, the U.S. housing market is $33.6 trillion. With that much money involved, there are scams. Make sure that you know the most common ones to protect yourself. One scam to watch for is a fake deed copy letter sent to new homeowners telling them they only have days to send money to obtain a copy of their deed. The answer depends on the company or agent, and your selling objectives. You may save on fees with a discount commission. In some selling situations, you could also miss out on higher proceeds you might have received from the sale by using a proven real estate agent. Our data shows that the top 5% of real estate agents across the U.S. sell homes for as much as 10% more than the average real estate agent. A 10% higher selling price could trump a 1% or 2% commission savings. All in all, each of these top online real estate companies listed has some benefits for sellers. Your specific situation dictates which option is right for you. Some things to consider: After you determine the answer to these questions, you will better understand what company is right for you. If you are ready to start your home selling journey, find out how much your home might be worth in two minutes with our Home Value Estimator. Once you have a ballpark idea of your home’s worth, see who the top agents are in your area by using our Agent Match platform. These and other HomeLight resources are quick, easy, and 100% obligation-free.What are online real estate companies?
How can home sellers take advantage of services these companies offer?
10 of the top online real estate companies
1. HomeLight
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2. Redfin
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3. Opendoor
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4. Realtor.com
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5. Offerpad
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6. Zillow
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7. UpNest
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8. Clever
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9. Movoto
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10. Trulia
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Frequently asked questions about online real estate companies
What is the most popular real estate website for sellers?
What is the most popular real estate website for buyers?
Are there scams with online real estate companies?
Do sellers save money using discount commission real estate companies?
Home sellers have more high-tech options than ever: try one today