How it is funded
Build and run
Funded by the founders
Set in the proposal
Data licenses
Sites and data companies, one price list
$480,000 a year
Member payouts
What is left after running costs, per listing
$20,000 a listing
Membership
Brokerages and agents
Free
A year, illustrative
License revenue
$480,000
Running the platform
$300,000
Member pool
$180,000
Per listing, 9 listings
$20,000
Payouts by member
| Brokerage | Listings counted | Per listing | Yearly share |
|---|---|---|---|
| Harbor & Pine Realty | 1 | $20,000 | $20,000 |
| Northgate Homes Group | 2 | $20,000 | $40,000 |
| Summit Lane Properties | 2 | $20,000 | $40,000 |
| Bluebird Realty Co | 1 | $20,000 | $20,000 |
| Copperline Real Estate | 2 | $20,000 | $40,000 |
| Westmark Living | 1 | $20,000 | $20,000 |
License revenue by licensee type
- Home search site$288k
- Appraisal$60k
- Data services$72k
- Lender$36k
- Insurance$24k