HomeLight vs UpNest
The largest US agent-matching platform — matches consumers with top local agents based on transaction history, with referral fees paid at close.
Free to join (25-33% at close)
Agent-matching with commission-competition — consumers receive competing proposals from local agents, selecting based on terms and credentials.
Free to join (30% at close)
HomeLight vs UpNest: feature comparison
| Feature | HomeLight | UpNest |
|---|---|---|
| Buyer Referrals | ✓ | ✓ |
| Seller Referrals | ✓ | ✓ |
| Pay-at-Close Model | ✓ | ✓ |
| Data-Driven Matching | ✓ | ✓ |
| Exclusive Leads | ✗ | ✗ |
| National Coverage | ✓ | ✓ |
| Consumer-Facing Brand | ✓ | ✓ |
| Free to Join | ✓ | ✓ |
HomeLight — Pros & Cons
Pros
- ✓Data-driven agent matching from MLS transaction history
- ✓Pay-at-close — no upfront cost
- ✓Strong consumer brand recognition
- ✓National coverage
Cons
- ✗25-33% referral fee is a meaningful commission haircut
- ✗Non-exclusive leads in some markets
- ✗Top-agent bar is high — newer agents may not qualify
UpNest — Pros & Cons
Pros
- ✓Commission transparency attracts motivated consumers
- ✓News Corp / Realtor.com backing
- ✓National coverage
- ✓Pay-at-close model
Cons
- ✗Commission competition can pressure margins
- ✗30% referral fee is on the higher end
- ✗Not a fit for agents unwilling to discount
Realty Software