Clever Real Estate is a national brokerage that pairs agents with consumers looking to buy or sell a home. Unlike other brokerages, Clever is an entirely online service (listwithclever.com). Rather than having agents pay for leads, agents pay Clever a referral fee (a portion of the home’s selling price) when their agents successfully help clients buy or sell a home.
Clever Real Estate offers full-service listings for 1.5%. Clever doesn’t alter the buyer agent’s commissions, so that agent typically receives the standard 3%.
Note: this is an updated fee, as Clever used to charge sellers 1%.
Are Clever agents trustworthy?
In many ways, Clever Real Estate is like a matchmaking service of real estate agents. They find someone they think can help you buy or sell your house, then connect you to each other. These agents are traditional agents who already work for other brokerages like Coldwell-Banker or RE/MAX. For the most part, though, what happens after that is between you and the agent/their brokerage – Clever won’t be involved.
Clever relies on a referral network of agents. Here’s what they look for in agents:
- Professional, full-time agents
- Positive reviews from past clients
- Experienced negotiators
- Local market know-how
- Tech-savvy agents
So what’s the downside to working with a Clever agent?
One of the main issues with a traditional commission setup (which Clever ultimately relies on, just with a different commission split) is that agents are motivated by commissions first, rather than client satisfaction. Why? If they don’t close your deal quickly, they don’t get paid – period.
- From the buy side, agents working on a 100% commission structure are incentivized to get their clients into a home as quickly as possible so they can move to the next client. They also make more money on the home sale if they show clients homes at the top of their budget range (or maybe even a little beyond it).
- From the sell side, agents working on a 100% commission structure are incentivized to sell the home as quickly as possible so they can move to the next client. They are also more likely to recommend renovations, even though data shows that most people lose more money on renovations than they make in the sale. The agent, though, wins because they don’t have to pay for the renovations – but they still benefit when the home sells for more.
By comparison, brokerages like Houwzer are moving away from the traditional commission structure. Houwzer agents are paid a full salary with benefits. This means that clients can take a year to look at homes if that’s how long they need, and agents aren’t incentivized to push them into the most expensive homes they can afford. And because Houwzer’s agents are employees, rather than contractors like traditional agents, agents receive extensive training, support, and are backed by a logistics coordinator and full-support team.
Is Clever Real Estate legit?
Clever Real Estate is a legitimate real estate brokerage. Clever essentially serves as a referral company, connecting home buyers and sellers to agents in their area. Participating listing agents have to agree to Clever’s commission terms (1.5% listing fee, with a minimum of $3,000).
There are hundreds of reviews for Clever online – mostly positive and some negative – indicating that this is not a fly-by-night company offering one thing and giving consumers another. Although they operate out of St. Louis, Missouri, their services are offered nationwide through their online platform listwithclever.com.
As HomeOpenly points out in their review of List With Clever, “Clever Real Estate operates as a licensed real estate brokerage… but it does not produce any services that are typically offered by real estate agents, and does not represent consumers when buying or selling real estate in any State. Clever Real Estate operates with a sole purpose to collect referral fees.”
This is worth emphasizing because many people believe Clever Real Estate to be a brokerage similar to Coldwell Banker or Houwzer, but in reality, it operates as a referral fee network. Clever isn’t training agents or creating technologies for them to use; it’s simply connecting clients to agents at existing brokerages that do the heavy lifting of marketing the homes and overseeing the transaction.
Clever real estate reviews
On the Better Business Bureau (BBB) website, List With Clever has a customer review rating of 3.4 out of 5 stars based on 5 reviews. The BBB is a nonprofit organization that helps consumers find businesses they can trust.
On Trustpilot, a popular consumer review site, Clever Real Estate has a rating of 4.9 out of 5 stars based on 1,157 reviews. Here are some of the reviews you can find there:
- “The process was very straightforward. I was matched with an agent within just a few hours and had the home on the market quickly. My agent answered all my questions and represented my interests well with the buyers’ agent.” -User JMT
- “You get what you pay for. Our Realtor used his phone camera to take pictures. He did the same for the video and never attached it to the site. He put it on YouTube. We thought all our new renovations would sell the place when people saw it. We lost 4 months in the hottest market.” -User Deanie Benedetto
- “We had a really good experience with Clever. They got us in touch with a knowledgeable real estate agent who helped us get our house listed and sold quickly. Would definitely recommend.” –Issa Lee-Hall
- “The 1.5% fixed agent fee was great. However, that’s it. Clever didn’t put much guardrails around agent and the collaboration was a bit ‘wild’ and I had to direct the sell to a direction that was going to work.” -User Lex
It’s worth noting that List With Clever was responsive to both positive and negative reviews, indicating that they are not ignoring the issues any clients have with their services.
For example, in response to a negative review where the agent requested money beyond the 1.5% Clever promised, Clever co-founder Luke Babich replied: “Clever is constantly investing in our Agent Network… As we make those investments, fewer and fewer customers will have a negative experience where a newer agent doesn’t get the program.”
Does List With Clever save you money?
If this is your first time buying a home, keep in mind that it’s usually the seller who pays the commission fees for both agents as part of their closing costs.
Houwzer offers additional savings for sellers who buy with them – by bundling their mortgage and title services, you’ll receive $2,500 back at closing.
When it comes to sellers, it really depends.
- According to Clever’s website, they save listing clients an average of $7,000
- By comparison, Houwzer’s website says, “On average, we save people $12,000 from eliminating outdated commissions.”
You also need to consider that Houwzer recommends 2-3% commission for the buyer’s agent, but Clever doesn’t set a number. If the standard 3% is used, then some of the money sellers save on the sell side with Clever then has to be used on the buy side.
For a $600,000 home:
- A seller working with Houwzer would pay: $6,000 (1%) + $12,000-$18,000 (2-3% for the buyer’s agent) = $18,000-$24,000
- A seller working with Clever would pay: $9,000 (1.5%) + $18,000 (standard 3% commission for the buyer’s agent) = $27,000
- A seller working with a traditional brokerage would pay: $18,000 (3%) +18,000 (3%) = $36,000
Clever is going to be more affordable than a traditional brokerage, but sellers are ultimately going to pay a little more than they would working with Houwzer – for the same services.
Find out how much you’d save with us
How Clever Real Estate Works
Clever Real Estate isn’t a brokerage in the traditional sense — it’s a nationwide referral service that matches home sellers and buyers with agents from partner brokerages. You tell Clever Real Estate about your home and goals, and it introduces you to a local agent who has agreed to Clever’s discounted commission in exchange for the referral. The agent you actually work with is employed by a partner brokerage, not by Clever itself.
That structure is the key to understanding every Clever Real Estate review: your experience depends far more on the individual agent you’re matched with than on Clever as a company. Two sellers in different markets can walk away with very different impressions for exactly that reason.
Clever Real Estate Fees and Pricing
Clever Real Estate advertises a 1.5% listing fee (with a $3,000 minimum in many markets) instead of the traditional 2.5–3% listing commission. On a $400,000 home, that’s roughly $6,000 versus $10,000–$12,000 — a real saving. Keep in mind the buyer’s agent commission is separate and still negotiated as part of the deal, so the 1.5% covers the listing side only.
Because the savings come from a reduced listing commission, the math works best on higher-priced homes. On lower-priced homes the $3,000 minimum can erase much of the percentage discount, which is something most Clever Real Estate reviews gloss over.
Clever Real Estate Pros and Cons
Pros: a genuine commission discount, full-service agents from recognized brokerages, no upfront cost, and a simple matching process. For sellers who want a conventional agent experience at a lower price, Clever Real Estate can deliver.
Cons: you don’t choose your agent directly, agent quality varies by market, the discount shrinks on lower-priced homes, and you’re one referral in a high-volume pipeline. If hands-on attention matters most to you, weigh that carefully.
Clever Real Estate vs. a Low-Commission Brokerage
The main alternative to a referral service like Clever Real Estate is working directly with a low-commission brokerage that employs its own agents. Going direct means you know exactly which brokerage stands behind your sale and can vet the agent before you commit, rather than being matched after the fact. Both routes can save money; the difference is how much control you have over who represents you.
Clever Real Estate FAQ
Is Clever Real Estate legit?
Yes — Clever Real Estate is a legitimate, established referral company that connects sellers with licensed agents at a reduced commission. The agents themselves work for partner brokerages.
How much does Clever Real Estate cost?
Clever Real Estate charges a 1.5% listing fee with a common $3,000 minimum, versus the traditional 2.5–3%. The buyer’s agent commission is negotiated separately.
What’s the catch with Clever Real Estate?
You don’t pick your agent directly and quality varies by market, so the experience hinges on the specific agent you’re matched with. Always interview the agent before signing.
