NestReady is a mortgage and lender referral service. NestReady offers lead generation tools for mortgage lenders. In addition, it enables partner real estate agents to receive referrals from NestReady for buyers and sellers that have been qualified by loan consultants.
Lenders us NestReady's platform to help generate leads and support home buyers and sellers during their search process. Partner real estate agents can receive referrals from these lenders for home buyers and sellers looking for an agent.
While there is little public information on NestReady's revenue model, it likely charges partner real estate agents for closed transactions. In this model, the agent who received the lead pays a referral fee. This fee is likely around 25-40% of the gross commission of the transaction. Most services seem to be free for consumers. Partner lenders also likely pay for introductions to pre-qualified customers, leads, or platform access.
NestReady is privately held.