Voro

What Voro does

Voro (legal name VORO, INC, Florida-domiciled) operates a cloud-based real estate brokerage targeting licensed residential and commercial agents in the United States. Founded in November 2012 in Garden City, NY by Daniel Shamooil and now headquartered in Boca Raton, FL, Voro provides a virtual office platform with listings search, agent portal, transaction management, and marketing tools, supplemented by four wholly-owned service lines: VORO Lending (mortgage origination, since 2015), VORO Abstract (title insurance and settlement, launched 2024), VORO Academy (coaching and mentorship), and a team-leader program for agents building sub-teams. The company is licensed in 11-12 states (NY, NJ, CT, MA, PA, FL, AR, RI, TX, CA, GA) and reports $10B in cumulative sold transactions, 50,000+ closed transactions, and $250MM in lifetime commissions paid to its 1,500+ agents.

Voro monetizes through a two-tier membership model — Basic (free, 85% commission retention with an $8,000 annual cap and $200 signup fee) and Pro ($150/month or $1,500/year, 100% commission retention with no cap) — supplemented by fees from its in-house title and lending operations. The go-to-market combines self-serve digital sign-up with inside-sales discovery calls, supported by content marketing, PR coverage in Forbes/Fortune/WSJ, and the free VORO Academy coaching funnel. The platform has no disclosed external funding, appears founder-owned and bootstrapped, and operates with a thin corporate headcount (1-10 employees) over a distributed agent network. Its differentiation rests on commission economics for agents and a "contract to closing" integrated service stack rather than proprietary technology or AI capability, neither of which is evidenced in the source data.

Name

Voro

Legal name

VORO, INC

Website

https://voro.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Voro is a cloud-based U.S. real estate brokerage offering licensed agents 100% commission retention, virtual office tools, and integrated title, lending, and coaching services across 11-12 states.

Ownership category

akta.pro rank

Product category

Real Estate Brokerage Services

NAICS

Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Residential Real Estate Brokerage (Buy/Sell) (FSAEAJAA)

akta.pro secondary industry

Closing Coordination & Transaction Management (Broker/Agent Support) (BPAJAOAH)

Keywords

• Cloud real estate brokerage
• Virtual real estate office
• Commission-based brokerage
• Real estate agent platform
• Real estate transaction services

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Agent Membership Subscriptions: Monthly subscription fees from agents for Basic ($0/month) or Pro ($150/month) membership plans. Basic members keep 85% commission with $8,000 annual cap; Pro members keep 100% commission with no cap.
2. Real Estate Transaction Commissions: VORO earns revenue through real estate transaction volume as a licensed brokerage. Total sold transactions of $10B and 50,000+ transactions closed demonstrate significant transaction-based revenue.
3. Title Services (VORO Abstract): Full-service title insurance agency offering commercial & residential title insurance, real property searches, settlement services, escrow, recording services, and 1031 exchange services. White-label title services also available.
4. Lending Services (VORO Lending): Mortgage lending services through third-party NMLS-licensed sponsors including residential mortgage products, private bridge lending, and commercial loan brokerage. Offers FHA, Conventional, VA, Jumbo, Reverse Mortgage, Non-QM, DSCR, and Bridge loan products.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

VORO operates a cloud-based virtual real estate brokerage that enables licensed agents to run their business remotely while keeping up to 100% of their commissions. Its offering bundles brokerage services with an integrated ecosystem of title and settlement (VORO Abstract), mortgage lending (VORO Lending) and coaching/mentorship (VORO Academy), covering the full transaction lifecycle from contract to closing. Agents subscribe via Basic (free, 85% commission) or Pro ($150/month, 100% commission) membership plans, with no transaction fees, built-in E&O insurance and same-day onboarding.

Product overview

VORO is a cloud-based real estate brokerage platform offering a comprehensive ecosystem for real estate agents and clients. The core platform provides a virtual online Realty Office enabling agents to work remotely while accessing brokerage support. The product portfolio includes: VORO Listings (property search marketplace), VORO Agents (agent directory and matching), VORO Title (title insurance and settlement services via VORO Abstract LLC), VORO Lending (mortgage and loan products), VORO Academy (coaching and mentorship programs), and team-building tools for team leaders. The platform operates on a membership model with Basic (85% commission) and Pro (100% commission) plans, covering the full transaction lifecycle from contract to closing.

Differentiator

Problem solved

Functional benefit

Brands

• VORO Abstract: Full-service national title insurance agency providing title searches, title insurance, settlement services, escrow services, 1031 exchange services, and white-label title services.
• VORO Lending
• VORO Academy

Products and services

• VORO Cloud-Based Real Estate Brokerage A licensed, cloud-based virtual real estate brokerage that allows agents to operate remotely under the VORO brand with up to 100% commission retention, virtual transaction management, E&O insurance, marketing templates, Slack collaboration and access to physical offices in Boca Raton, Manhasset, Great Neck and Garden City. Licensed in 12 U.S. states and operated via Basic ($0/month, 85% commission) and Pro ($150/month, 100% commission) membership tiers with no transaction fees.
• VORO Title (VORO Abstract) Full-service national title insurance agency (operated via VORO Abstract LLC, acquired 2024) providing commercial and residential title insurance, real property searches, settlement services, escrow, recording services, 1031 exchange services and white-label title services. Compliant with RESPA, HUD, ALTA and CFPB guidelines and SOC I / SOC II Type II certified, offered to VORO agents and external clients.
• VORO Lending Mortgage lending platform (operated via VORO Lending, LLC, founded 2015) offering FHA, Conventional, VA, Jumbo, Reverse Mortgage, Non-QM, DSCR and Bridge loan products nationwide through third-party NMLS-licensed sponsors. Includes residential mortgage products, private bridge lending and commercial loan brokerage for individuals, investors and fix-and-flip clients.
• VORO Academy Free coaching, mentorship and on-demand learning program for VORO agents providing 1-on-1 coaching, structured mentorship from senior VORO mentors (including Bella Kahlon and Charles Bianco), orientation training sessions, and a learning library covering market shifts, client relationships and sustainable business building. Built to support agent development, retention and team-leader pipeline.
• VORO Teams Team-building offering for experienced agents (minimum 3 years, $5MM gross sales volume, Associate Broker's License) to form teams under the VORO brokerage with custom branding, commission structures, dedicated onboarding and transaction management support, and operational infrastructure — positioned as a lower-cost alternative (~$3,150 startup cost) to building an independent brokerage (~$72,000+).

Quantifiable outcome

• $10B total sold transactions processed
• +5 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Scale indicators10 records

Recent moves14 records

Expansion highlights5 records

Direct peers

• eXp Realty: Public, cloud-based real estate brokerage with commission split-based agent economics, agent-attraction model, and integrated ancillary services. Closely comparable to Voro's 100% commission, virtual office, and team-leader model—eXp is the category leader Voro competes with most directly.
• The Real Brokerage: Public, cloud-native brokerage offering high commission splits and a technology platform to independent agents. Directly comparable to Voro in business model, target customer (independent agents), and tech-enabled, low-overhead approach.
• Fathom Realty: Public, cloud-based brokerage targeting independent agents with high commission splits and a tech stack. Closely aligned with Voro's value proposition of giving agents more earnings and flexible, virtual operations.
• Compass: Tech-forward real estate brokerage with proprietary platform, agent-centric tools, and national scale. Competes with Voro for high-performing agents, though Compass is more technology-platform-led and more capitalized than Voro.
• HomeSmart: Large flat-fee and high-split brokerage with a strong agent-attraction message. Comparable to Voro in emphasizing agent economics and providing a technology platform to independent agents across multiple states.
• United Real Estate: National 100%-commission brokerage with a virtual model and emphasis on agent support and training. Directly comparable to Voro in commission structure, virtual operations, and multi-state licensing strategy.

Broad incumbents

• Redfin: Tech-enabled residential brokerage and portal that competes for both consumers and agents. Overlaps with Voro in the brokerage layer and in using technology to differentiate, though Redfin is consumer-led and employs many agents directly rather than relying on a 100% commission model.
• RE/MAX: Large global franchised brokerage. Voro competes for the same agent pool by offering higher commission splits and a virtual model, positioning itself as a more flexible alternative to the traditional franchise structure.
• Coldwell Banker: Established national brokerage brand with a franchise model. Voro's cloud, high-split approach is positioned against the more traditional commission-split and brick-and-mortar model of incumbents like Coldwell Banker.

Others

• Lofty: Technology vendor providing CRM, marketing, and back-office tools to independent brokerages and teams. Comparable to Voro as part of the same cloud-brokerage enablement ecosystem, even though Lofty is a software provider rather than a competing brokerage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/voro_doctors
• YouTubeyoutube.com/c/vororealestate
• Facebookfacebook.com/vororealestate
• LinkedInlinkedin.com/company/vororealestate
• Instagraminstagram.com/vororealestate

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds2 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Voro