Compare Flyhomes and TRELORA

For Sellers

Listing Rate
1%
Commission
Minimum commissions and other terms may apply. Buyer's Agent Commission (2.5%-3%) is not included, but you may be able to negotiate this as well. Flyhomes charges 1% to list a home.

For Sellers

Trade-in Program
1%
Service Fee
Minimum commissions and other terms may apply. Buyer's Agent Commission (2.5%-3%) is not included, but you may be able to negotiate this as well. Flyhomes does not provide Trade-in program participants a rebate on the buy-side.

For Sellers

Listing Rate
$3,000-$4,000
Flat Fee
Minimum commissions and other terms may apply. Buyer's Agent Commission (2.5%-3%) is not included, but you may be able to negotiate this as well. TRELORA asks for a fee of $3,000 in Denver, CO and $4,000 in Seattle, WA. TRELORA’s $500 Initial Listing Fee is non-refundable.

For Buyers

Buyer’s Savings
33%
Commission Rebate
When Flyhomes represents home buyers, it contributes 33% of its Buyer's Agent Commission (2.5%-3%) to the buyer as a way to financially compete for a buyer’s business. Home buyers do not pay any taxes on the amount, the refund amount is always tax-free.

For Buyers

Cash Offer
1%
Service Fee
It costs 1% to make a Flyhomes Cash Offer, but buyers working with Flyhomes also receive 1% of cash rewards to apply towards closing costs. Cash Offer is not free since the buyer will not receive a commission refund when using a stand-in program. Cash Offers stand-in program is highly selective and may come with added risks in case a buyer decides to back out of the sale. Buyers should carefully review their agreement with Flyhomes.

For Buyers

Buyer’s Savings
$3,000-$4,000
Flat Fee
When TRELORA represents home buyers, it keeps only $3,000 in Denver, CO and $4,000 in Seattle, WA of its entire Buyer's Agent Commission (2.5%-3%), the rest of the amount is refunded to the buyer as a way to financially compete for buyer’s business. Home buyers do not pay any taxes on the amount, the refund amount is always tax-free. Minimum commissions and other terms may apply.
Question: What is the difference between Flyhomes and TRELORA?
Answer: Flyhomes is a full-service real estate agent and stand-in cash program for buyers while TRELORA is a full-service real estate agent
Compare Flyhomes and TRELORA for home buying and selling. HomeOpenly is an impartial and an open resource focused on trending real estate services, portals and start-ups.

First published: 17 February 2019
Last updated: 29 March 2020

Buying and Selling with Flyhomes

Flyhomes is a multi-state full-service real estate agent offers consumers listing savings and buyer’s refunds in select areas across Washington, Oregon, Illinois, Massachusetts, and California.

In Oregon state law currently does not allow Flyhomes to offer buyer’s rebates to consumers.

Flyhomes Pricing

Flyhomes offers listing savings to sellers (1% listing fee) and commission refunds to buyers (32% estimated rebate where allowed by State law.)

Flyhomes also offers buyers Cash Offers stand-in program, where the company either assures buyer’s offer or buys a home and resells it to the buyer for an added fee (1% service fee).

A similar Trade-in Program is available for sellers.

Listing Services

  • MLS Listing
  • Zillow, Trulia, etc. Listing
  • Accept and Deliver All Offers and Counteroffers
  • Hold Open Houses
  • Professional Photography
  • Professional Floor Plans
  • Yard Signage Installation
  • Spare Key Lock-box Installation
  • Schedule Inspection Services
  • Schedule Private Showings
  • Closing Duties

Buyer's Agent Services

  • Find the Property
  • Accept and Deliver All Offers and Counteroffers
  • Recommend Other Professionals
  • Attend Inspection Services
  • Schedule Private Showings
  • Negotiate Needed Repairs
  • Closing Duties

Flyhomes Editor's Review:

Flyhomes is a consumer-focused saving real estate broker that offers a wide variety of value-added propositions for home buyers and sellers in select areas where it operates.

Agent Listings
As a listing agent, Flyhomes works with a seller to prepare their home for listing, including taking professional photos, pricing home, and publishing marketing materials. Flyhomes lists all homes on the local MLS as well as typical MLS Aggregators.

Trade-in Program for Sellers
Flyhomes is not an iBuyer. Flyhomes offers sellers a Trade-in Program where the company runs a pricing analysis on seller's current home and sets a conservative price guarantee for the amount that it will pay to buy it outright.

Once a seller selects a new home and her purchase offer is accepted, the company lists the seller's current home on the market in order to sell it for more than the price guarantee amount. Once the home sells company accounts for its expenses. Flyhomes Trade-in Program is a value-added proposition and a viable alternative to iBuyer Offers. Unlike Flyhomes, with an iBuyer seller inevitably loses a lot of their home net equity in the process due to the risk of holding and re-selling the home by the iBuyer. Sellers using Trade-in Program do not lose equity and only pay a moderate fee in the process. Granted, Flyhomes does not offer "quick cash" iBuyer proposition, where the seller still needs to list their home in the open market and wait for better offers to come in and pay expenses back, but the equity savings is why we rate this program as genuinely consumer-focused.

Sellers who use Flyhomes Trade-in program do not receive a rebate on the buy-side and Flyhomes charges sellers 1% commission as a service fee (this does not include the buy-side agent commission) to list their home. Flyhomes evaluates seller's home before the seller can participate in Trade-in Program and reserves the right to request repairs prior to seller's inclusion in the program.

Buyer's Agent
As a buyer's agent, Flyhomes works with buyers to find a home, schedule inspections, negotiate repairs and finalize the purchase. Flyhomes offers overall great value to consumers looking to buy or sell a home including a convenient "request tour" option on the Flyhomes website in order to easily schedule home viewings with their service team.

Guaranteed and Cash Offers for Buyers
Flyhomes offers buyers a unique Cash Offers stand-in program where Flyhomes purchases a home outright from the seller on a buyer's behalf in as few as 2 days and sells it back at the same price to the buyer on an agreed upon closing date.

When a Cash Offer is not available, buyers can utilize Guaranteed Offer instead. For the Guaranteed Offer program, Flyhomes guarantees the seller that the home will close, and if it doesn't, Flyhomes will then buy the home for the same terms.

Cash Offers stand-in program is not free, it is also highly selective. Cash Offers program may come with added risks in the event the buyer decides to back out of the sale. Buyers should carefully review their agreement with Flyhomes before participating in Cash Offers stand-in program so to fully understand the fees and potential penalties for backing out of the Cash Offer once it is made.

Buyers can only utilize Cash Offers when working with Flyhomes, which means that if there is another local real estate agent who offers a buyer a better commission refund, such as a flat fee option, the buyer cannot take advantage of these larger savings with Cash Offers.

In some cases, an alternative savings model may better serve buyers financially than Cash Offers proposition due to a sheer price tag of standard real estate commissions.

Flyhomes Service Areas:

Greater Seattle, Chicago, Portland, San Francisco Bay Area, and Boston

Buying and Selling with TRELORA

TRELORA is a multi-state savings broker, offers consumers flat fee listing savings and buyer’s refunds in Denver, CO, and Seattle, WA.

TRELORA Pricing

TRELORA offers listing savings to sellers ($3,000 in Denver, CO and $4,000 in Seattle, WA - flat listing fee) and commission refunds to buyers (2.5%-3% Buyer’s Agent Commission refund minus $3,000 in Denver, CO and $4,000 in Seattle, WA - buyer representation fee.)

TRELORA’s $500 Initial Listing Fee is non-refundable.

Listing Services

  • MLS Listing
  • Zillow, Trulia, etc. Listing
  • Accept and Deliver All Offers and Counteroffers
  • Hold Open Houses
  • Professional Photography
  • Professional Floor Plans
  • Yard Signage Installation
  • Spare Key Lock-box Installation
  • Schedule Inspection Services
  • Schedule Private Showings
  • Closing Duties

Buyer's Agent Services

  • Find the Property
  • Accept and Deliver All Offers and Counteroffers
  • Recommend Other Professionals
  • Attend Inspection Services
  • Schedule Private Showings
  • Negotiate Needed Repairs
  • Closing Duties

TRELORA Editor's Review:

TRELORA is a consumer-focused flat fee real estate broker. As a listing agent, TRELORA works with a seller to prepare homes for listing, including taking professional photos, pricing home, and publishing marketing materials. TRELORA claims that its agents are in the top 1% nationwide, where every agent handles 30x the number of home sales as the industry average.

TRELORA lists all homes on the local MLS as well as typical MLS Aggregators. When self-represented buyers approach TRELORA about seller’s listing, TRELORA waives the 2.5%-3% Buyer’s Agent Commission in favor of the seller or the buyer. This allows parties to save a significant amount in buy-side commissions, but also requires the buyer to accept the potential downside of dual representation.

As a buyer’s agent, TRELORA works with buyers to find a home, schedule inspections, negotiate repairs and finalize the purchase. TRELORA offers overall great value to consumers looking to either buy or sell a home.

TRELORA Service Areas:

Denver and Seattle.