Sellers purchase listing services from Houzeo, and then Houzeo will list the seller's home on the relevant MLS. The seller will handle all inquiries and the remainder of the sales process.
According to most sources, Houzeo listing prices start at ~$200 per MLS listing.
Houzeo primarily generates revenue through flat fees paid on each listing as well as additional services for sellers such as photography, signs, and lockboxes.
Houzeo is privately held.