Compare Home Bay and Transactly

For Sellers

Listing Rate
$2,500
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. Home Bay flat fee rate modestly increases relative to sale price according to the company’s fee schedule.

For Sellers

Partner Agents
30%
Referral Fee
Transactly does not provide real estate services to home sellers. Instead, this company matches consumers with random real estate agents in exchange for a 30% referral fee.

For Buyers

Buyer’s Savings
50%
Commission Rebate
When Home Bay represents home buyers, it contributes 50% 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

Partner Agents
30%
Referral Fee
Transactly does not provide real estate services to home buyers. Instead, this company matches consumers with random real estate agents in exchange for a 30% referral fee.
Question: What is the difference between Home Bay and Transactly?
Answer: Home Bay is a full-service real estate agent that offers savings to homebuyers and home sellers while Transactly is a referral fee network that enables broker-to-broker collusion with use of blanket referral agreements
Compare Home Bay and Transactly 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: 22 September 2019
Last updated: 25 April 2021

Buying and Selling with Home Bay

Home Bay is a multi-state savings broker, offers consumers listing savings and buyer's refunds in select areas across California, Florida, Georgia, Illinois, Texas, and Colorado.

Home Bay Pricing

Offers savings to sellers (2,500 USD base flat listing fee) and buyers (50% of the Buyer’s Agent Commission).

It should be noted that Home Bay flat fee rates do modestly increase relative to the home's sale price according to the company’s fee schedule, so the final listing rate flat rate will vary.

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

Home Bay Editor's Review:

Home Bay is a consumer-focused flat fee real estate broker. As a listing agent, Home Bay works with a seller to prepare homes for listing, including taking professional photos, pricing home, and publishing marketing materials.

Home Bay lists all homes on the local MLS as well as typical MLS Aggregators. Home Bay maintains a well-designed online platform that allows sellers to communicate with all parties involved in a sale.

As a buyer's agent, Home Bay works with buyers to find a home, schedule inspections, negotiate repairs and finalize the purchase.

Home Bay offers overall great value to consumers looking to buy or sell a home.

Where does Home Bay operate?

Home Bay currently operates in select areas across California, Florida, Georgia, Illinois, Texas, and Colorado..

Buying and Selling with Transactly

HomeOpenly staff is currently updating Transactly Editor's Review. As of September 2019, Transactly, a licensed real estate broker in Missouri doing business as Real Estate Connected LLC license number 2018031097, no longer claims to offer price-fixed 1.5% listing rates and 1% rebates for independent real estate professionals "partner agents" using their network. You may read about Examples of Price Fixing in Real Estate here. (Price Fixing in Residential Real Estate) While we update our Editor's Review, you may easily post your User's Reviews for Transactly.

Transactly Pricing

Transactly revenue comes from 30% referral fees, charged against partner broker commission. Transactly suffers from poor Privacy Policy where consumers’ information may be used for marketing purposes in connection with their request by one or more advertisers, and potentially by use of automated dialing systems and artificial or prerecorded voice messaging.

Listing Services

  • This Service Does Not Represent Sellers

Buyer's Agent Services

  • This Service Does Not Represent Buyers

Transactly Editor's Review:

This review is currently being revised.

Where does Transactly operate?

Transactly currently operates in select areas across United States.