HomeOpenly works to transform real estate process with an OPEN Marketplace as the first platform of its kind to advertise closing costs savings to consumers without referral fees. The final output for its service are widely-accepted, current and fluid real estate closing commission rates and services defined by local competitive markets. HomeOpenly is estimated to help save US residential real estate consumers anywhere $10-15 Billion each year in closing costs by allowing competitive local real estate agents an opportunity to fairly represent a much greater number of real estate consumers nationwide.
The start-up operates an algorithm that is free from the influence of any referral fees revenue – all local results provided to users always match their best options. With its platform now successfully running on a national scale, HomeOpenly becomes a cost-saving alternative to referral fee brokers, such as Redfin. HomeOpenly actively advertises actionable and current savings in all 50 States.