Savvy Lane is a FSBO listing platform and discount brokerage that helps sellers list their home on the multiple listing service and popular consumer portals without paying a traditional seller's agent commission. It also offers full-service real estate agent offerings similar to traditional brokerages.
Sellers purchase listing services from Savvy Lane, and Savvy Lane then lists the seller's home on the MLS. The seller will handle all inquiries and the remainder of the sales process. For full-service offerings, Savvy Lane agents will support the buy or sell process from end-to-end.
According to most sources, Savvy Lane's listing fees start at ~$100 per listing. Listing services with support from a virtual agent start at ~$2,900, and full-service agent services start at a 1% commission. Buyer's agent services start at a 1% commission but can be higher for service beyond help with offers.
Savvy Lane generates revenue through flat fees paid on each listing service sale as well as commissions on any full service transactions.
Savvy Lane is privately held.