Real Estate Marketplace
What is a real estate marketplace?
A real estate marketplace is an online platform that allows homeowners to list their house for sale and homebuyers to browse and buy these homes with or without listing and buyer agent representation. Much like buying a product on Amazon or eBay, a real estate marketplace is a safe and efficient way for sellers and buyers to transact.
Comparison of real estate marketplaces
Real estate marketplaces include:
- Multiple Listing Service (MLS)
- Zillow
- Redfin
- Craigslist
- Facebook Marketplace
- OfferMarket
| Service | Type | Seller Fees | Reach |
|---|---|---|---|
| MLS | Agent | Fixed or % | Fragmented |
| Zillow | Agent, For Sale By Owner | %, Free | Broad |
| Redfin | Agent | % | Broad |
| Craigslist | No | Free | Broad |
| Facebook Marketplace | Agentless, Wholesale, For Sale By Owner | Free | Broad |
| OfferMarket | Agentless, Wholesale, For Sale By Owner | Free | Targeted |
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