Compare Savvy Lane and Jovio

For Sellers

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

For Sellers

Listing Rate
1%
Commission
A minimum listing fee of $3,995 and other terms may apply. Buyer's Agent Commission (2.5%-3%) is not included, but sellers may be able to negotiate this as well.

For Buyers

Buyer’s Savings
60%-67%
Commission Rebate
When Savvy Lane represents buyers, it contributes 60%-67% from its total Buyer's Agent Commission (2.5%-3%) 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. Commission rebates are not allowed in Oregon.

For Buyers

Buyer’s Savings
33%
Commission Rebate
When Jovio Real Estate 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 buyer’s business. Home buyers do not pay any taxes on the amount, the refund amount is always tax-free. A minimum commission and other terms may apply.
Question: What is the difference between Savvy Lane and Jovio?
Answer: Both Savvy Lane and Jovio function as a full-service real estate agent that offers savings to homebuyers and home sellers.
Compare Savvy Lane and Jovio 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: 31 August 2019
Last updated: 25 April 2021

Buying and Selling with Savvy Lane

Savvy Lane is a multi-state broker, offers consumers flat fee listing savings and buyers refunds in Washington, Oregon (listing savings only), and California.

Savvy Lane Pricing

Savvy Lane offers listing savings (1% listing) and buyer’s refunds (60%-67% of the Buyer’s Agent Commission)

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

Savvy Lane Editor's Review:

Savvy Lane is a consumer-focused real estate agent that successfully represents consumers across Washington, Oregon, and California and offers sizeable savings. Savvy Lane service includes posting home on the MLS and MLS Aggregator services, professional photos and a virtual tour in addition to all typical services offered by a traditional real estate agent.

If a seller accepts an offer from a buyer represented by Savvy Lane, the full buyer agent commission (2.5%-3%) amount is waived. Savvy Lane says that this process favorably lowers overall transaction costs, but it also requires a buyer to accept the potential downside of dual representation.

For buyers Savvy Lane offers one of the best in the industry buyer’s refund savings, depending on the total amount of the buy-side commission offered by the seller (Savvy Lane keeps 1% of what is typically 2.5%-3% Buyer's Agent Commission.)

Overall Savvy Lane offers an excellent proposition to Buyers and Sellers alike.

Where does Savvy Lane operate?

Savvy Lane currently operates in select areas across Washington, Oregon, California.

Buying and Selling with Jovio Real Estate

Jovio is a full service real estate agent based in Austin, TX. Jovio offers consumers listing savings and buyer's refunds in select service areas across Texas.

Jovio Real Estate Pricing

Offers consumers listing savings to sellers (1% listing fee) and buyer’s savings (33% buyer’s commission rebate)

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

Jovio Editor's Review:

Jovio offers excellent representation services for buying and selling a home. Jovio is a tech-enabled brokerage with the knowledge and tools built to help consumers archive an excellent real estate transaction experience.

Jovio listing service includes posting home on the MLS and MLS Aggregator services, professional photos, and all typical services offered by a traditional real estate agent. Jovio charges a listing fee of 1% of the final sales price of your property. A minimum listing fee of $3,995 applies. If at any point during the term of the listing agreement the seller decides to terminate the said agreement, she is only responsible for paying $495 setup fee.

Jovio recommends offering a cooperating buyer agent commission that helps to attract buyers who are already working with an agent. Sellers are free to offer any amount they like to buyer’s agents, but 2.5% - 3% Buyer’s Agent Commission is recommended. Buyers can easily negotiate a rebate with their agent to reduce the costs of the Buyer’s Agent Commission amount. Eventually, all closing costs are paid by the buyer.

Jovio claims to list a home in as little as 24 hours. The majority of Jovio sellers get their home listed within several days of meeting with Jovio. To determine your home’s listing price, Jovio first gathers local information about comparable properties in your neighborhood. Jovio furthers helps to evaluate your home’s condition and any recent upgrades or improvements to come up with the best listing price for the home.

When self-represented buyers approach Jovio about the seller’s listing, Jovio reduces the 3% Buyer’s Agent Commission to 2% in favor of the seller and then splits its commission with the buyer, meaning buyers receive 1% (33% buyer’s commission rebate) back on their new home. This allows all parties to save a significant amount in buy-side commissions, but it also requires the buyer to accept the potential downside of dual representation.

For buyers, Jovio Real Estate offers on-demand home tours and an excellent client web portal for monitoring the purchase process. Jovio offers overall great value to consumers looking to buy or sell a home.

Where does Jovio operate?

Jovio currently operates in select areas across Austin, TX; Houston, TX; San Antonio, TX; Dallas, TX; Barton Creek, TX; Bee Cave, TX; Del Valle, TX; Garfield, TX; Hays, TX; Hornsby Bend, TX; Lost Creek, TX; Manchaca, TX; Mc Neil, TX; Onion Creek, TX; Pflugerville, TX; Rollingwood, TX; San Leanna, TX; Shady Hollow, TX; Sunset Valley, TX; West Lake Hills, TX; Cedar Park, TX; Round Rock, TX; Lakeway, TX; Westlake, TX; Elgin, TX; Leander, TX; Georgetown, TX; Hutto, TX; Taylor, TX; San Marcos, TX, and Kyle, TX..