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Trelora

Full company profile

uuid0003gow

Namestring
Trelora
Legal namestring
Trelora, Inc.
Websiteurl
trelora.com
Company typeenum
Private
Founded yearint
2011
Descriptiontext

Trelora is a Denver-based residential real estate brokerage founded in 2011 that offers full-service home buying and selling representation at a flat 1% listing fee, well below the 2.5-3% charged by traditional brokerages. The company serves individual home buyers and sellers across more than 20 U.S. states plus Washington DC, with operational concentrations in Colorado, Washington, Arizona, Georgia, North Carolina, and South Carolina. In November 2021 Trelora merged with competitor Houwzer under a newly formed parent company, Newfound, which also houses the companion brands HomeRise, Dash, and Newfound Enterprise; Trelora continues to operate as a consumer-facing brand within this structure.

The core product is a discount brokerage service built around specialized agent roles (pricing, negotiation, showings, closings) rather than generalist agents. This team-based architecture is supported by a proprietary in-house platform used for digital onboarding, consultation scheduling, workflow coordination, and daily market analytics distributed to pricing agents. Trelora complements its brokerage offering with in-house title and escrow services through subsidiary Newfound Title & Escrow, enabling end-to-end transaction handling and a second transaction-fee revenue stream. The company reports that its agents handle 100+ transactions per year versus 0-6 for traditional agents, undergirding the low-fee economics.

Trelora generates revenue through transaction-based commissions: sellers pay a 1% listing fee at closing, while buyers either pay a 1% commission when seller-paid buyer commissions are unavailable or receive a cash rebate of up to $6,000 when offered commissions exceed 1%. Title services provide a secondary fee stream. Customer acquisition runs through direct-to-consumer digital channels — organic search, blog and content, email, social, and earned media — with phone-based inside sales for conversion. The company reports cumulative sales of 10,000+ homes and approximately $68 million in aggregate customer commission savings across its markets.

Short descriptiontext

Trelora is a Denver-based discount residential real estate brokerage providing full-service home buying and selling at a 1% listing fee versus the traditional 3%. It serves individual consumers across 20+ U.S. states and operates under the Newfound parent company.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersDenver, United States
HQ citystring
Denver
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
discount real estate brokerage, residential real estate services, home buying services, home selling services, commission rebate brokerage
Industry3 codes
1Traditional Residential Brokerage (Existing Homes)
CodeBPAJAAAAPrimaryYes
2Buyer Representation Services
CodeBPAJAAAJPrimaryNo
3Closing Coordination & Transaction Management (Broker/Agent Support)
CodeBPAJAOAHPrimaryNo
NAICS code1 code
  • Offices of Real Estate Agents and Brokers531210
SIC code1 code
  • Real Estate Agents & Managers (For Others)6531
Product category
Discount Real Estate Brokerage
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Seller Listing Services
TypeTransaction Fee
Description

Sellers pay a 1% listing fee at closing (compared to traditional 3%). This includes full-service real estate representation with professional photography, MLS listing, marketing, negotiations, and closing support. No upfront payment required.

trelora.com
2Buyer Services
TypeTransaction Fee
Description

When seller-paid buyer agent commissions are not offered, buyers pay 1% commission at closing (compared to traditional 3%). Buyers may also receive commission rebates of seller-offered commissions over 1%, providing cash back up to $6,000.

trelora.com
3Title Services Integration
TypeTransaction Fee
Description

In-house title services through Newfound Title, providing seamless integration and additional revenue stream from closing/settlement services.

trelora.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Technology or R&D
Pricing details2 tiers
1Full Service 1% Listing Fee
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Sellers pay 1% listing fee at closing. Traditional agents charge 2.5-3% for listing. On a $500,000 home, Trelora charges $5,000 vs traditional $15,000. Fee covers professional photography, MLS listing, digital marketing, open houses, negotiations, and closing support.

trelora.com
2Buyer Agent Services 1%
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Buyers pay 1% commission if seller-paid buyer agent commission is not offered. This is compared to traditional 3% buyer agent commission. Trelora rebates seller-offered commissions over 1% back to buyers (up to $6,000 cash back at closing).

trelora.com
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 3 records shown
1HomeRise
Description

Brand launched under Newfound parent company for real estate services.

trelora.com
+2 more records
Core offering1 text field

Trelora operates as a full-service discount residential real estate brokerage that sells home for a 1% listing fee at closing (versus the traditional 2.5–3%) and provides buyer-side representation with commission rebates of up to $6,000 cash back when seller-offered commissions exceed 1%. Services span professional photography, MLS listing, digital marketing, pricing strategy, negotiation, transaction coordination and closing support, delivered by team-based specialized agents across 20+ U.S. states.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • Average savings of $12,000 per transaction for buyers and sellers
+4 more records
Product overview1 text field

Trelora operates as a full-service discount real estate brokerage offering a unified platform for home buying and selling. The core offering is the Trelora Full-Service Brokerage, which provides both the Home Selling Service (1% listing fee) and Home Buying Service (commission rebates up to $6,000). Supporting services include Newfound Title for in-house closing services and a Multiple Cash Offers feature. The company differentiates through a proprietary technology platform that enables agent efficiency while maintaining full-service capabilities including professional photography, MLS marketing, negotiation, and transaction support.

Product and service3 records
1Home Selling Service
CategoryDiscount Real Estate Brokerage
Description

Full-service home selling representation at a 1% listing fee paid at closing (instead of the traditional 2.5–3%). Includes professional photography, MLS listing, digital and open-house marketing, pricing strategy, experienced negotiation, multiple-cash-offer capability, and transaction support through closing for residential homeowners.

2Home Buying Service
CategoryDiscount Real Estate Brokerage
Description

Full-service home buying representation for residential buyers with unlimited private showings, experienced negotiators, and 7-day-a-week availability. When seller-paid buyer commissions exceed 1%, Trelora rebates the overage to the buyer as cash back up to $6,000 at closing; otherwise buyers pay a 1% commission at closing instead of the traditional 3%.

3Newfound Title
CategoryTitle and Escrow Services
Description

In-house title and escrow services offered to Trelora clients via subsidiary Newfound Title, providing seamless integration with the brokerage transaction process and an additional revenue stream from closing/settlement services.

Scale indicator9 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-11-04
Description

Trelora and Houwzer established parent company Newfound, launching new brands HomeRise, Dash, and Newfound Enterprise. This merger created a unified platform addressing evolving real estate market needs.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Newfound Title is Trelora's in-house title and escrow company providing seamless integration of title services into the transaction process. This partnership enables streamlined closings and addresses a key pain point in real estate transactions.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Houwzer is a full-service discount real estate brokerage offering a flat-fee model. Houwzer merged with Trelora in November 2021 to form parent company Newfound, making it the most directly comparable peer in product, model, and customer base.

TypeDirect peer
Description

Redfin is a publicly-traded tech-enabled residential brokerage offering a discount commission model with both listing and buyer services. Direct competitor in the discount brokerage space with stronger brand recognition and capital base.

TypeDirect peer
Description

eXp Realty operates a cloud-based brokerage with a low-fee, high-agent-commission-share model serving residential buyers and sellers. Direct peer in low-fee brokerage model with massive agent network and global scale.

TypeDirect peer
Description

The Real Brokerage is a tech-enabled residential brokerage offering high commission splits and low fees to agents. Comparable tech-driven discount brokerage model serving similar residential buyer/seller customers.

TypeBroad incumbent
Description

Compass is a large national residential brokerage leveraging technology and agent tools. While Compass positions as premium rather than discount, it competes directly in many of Trelora's markets and represents the broader tech-enabled brokerage space.

TypeEmerging player
Description

Offerpad is an iBuyer that provides instant cash offers for homes, competing with traditional and discount brokerages for seller-side transactions. Comparable in the seller-services segment with a different (principal-buying) model.

TypeBroad incumbent
Description

Opendoor is the largest iBuyer, purchasing homes directly from sellers and reselling them. Competes with Trelora for seller-side listings in many shared markets, representing a different but overlapping solution for home sellers.

TypeBroad incumbent
Description

Zillow is the dominant real estate portal that previously operated Zillow Offers iBuying. While now primarily a portal/lead-generation business, Zillow shapes consumer expectations and competes indirectly with Trelora for seller-side customer attention.

TypeOthers
Description

HomeLight is a real estate platform connecting consumers with agents and providing agent tools. Adjacent enabling technology in the same residential transaction ecosystem but not a direct brokerage competitor.

TypeOthers
Description

Side provides technology and back-office infrastructure to real estate agent teams. Adjacent technology provider enabling agent teams to operate more efficiently, comparable to Trelora's team-based model focus.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks1 record

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers13 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Trelora

Discount Real Estate Brokeragetrelora.com

Trelora is a Denver-based discount residential real estate brokerage providing full-service home buying and selling at a 1% listing fee versus the traditional 3%. It serves individual consumers across 20+ U.S. states and operates under the Newfound parent company.

What Trelora does

Trelora is a Denver-based residential real estate brokerage founded in 2011 that offers full-service home buying and selling representation at a flat 1% listing fee, well below the 2.5-3% charged by traditional brokerages. The company serves individual home buyers and sellers across more than 20 U.S. states plus Washington DC, with operational concentrations in Colorado, Washington, Arizona, Georgia, North Carolina, and South Carolina. In November 2021 Trelora merged with competitor Houwzer under a newly formed parent company, Newfound, which also houses the companion brands HomeRise, Dash, and Newfound Enterprise; Trelora continues to operate as a consumer-facing brand within this structure.

The core product is a discount brokerage service built around specialized agent roles (pricing, negotiation, showings, closings) rather than generalist agents. This team-based architecture is supported by a proprietary in-house platform used for digital onboarding, consultation scheduling, workflow coordination, and daily market analytics distributed to pricing agents. Trelora complements its brokerage offering with in-house title and escrow services through subsidiary Newfound Title & Escrow, enabling end-to-end transaction handling and a second transaction-fee revenue stream. The company reports that its agents handle 100+ transactions per year versus 0-6 for traditional agents, undergirding the low-fee economics.

Trelora generates revenue through transaction-based commissions: sellers pay a 1% listing fee at closing, while buyers either pay a 1% commission when seller-paid buyer commissions are unavailable or receive a cash rebate of up to $6,000 when offered commissions exceed 1%. Title services provide a secondary fee stream. Customer acquisition runs through direct-to-consumer digital channels — organic search, blog and content, email, social, and earned media — with phone-based inside sales for conversion. The company reports cumulative sales of 10,000+ homes and approximately $68 million in aggregate customer commission savings across its markets.

Trelora firmographics

Firmographics
Name
Trelora
Legal name
Trelora, Inc.
Website
https://trelora.com
Company type
Private
Founded year
2011
Operating status
Operating
Headcount range
51–100 employees
Short description
Trelora is a Denver-based discount residential real estate brokerage providing full-service home buying and selling at a 1% listing fee versus the traditional 3%. It serves individual consumers across 20+ U.S. states and operates under the Newfound parent company.
Ownership category
akta.pro rank

Trelora industry classification

Industry
Product category
Discount Real Estate Brokerage
NAICS
Offices of Real Estate Agents and Brokers (531210)
SIC
Real Estate Agents & Managers (For Others) (6531)
akta.pro primary industry
Traditional Residential Brokerage (Existing Homes) (BPAJAAAA)
akta.pro secondary industries
Buyer Representation Services (BPAJAAAJ), Closing Coordination & Transaction Management (Broker/Agent Support) (BPAJAOAH)

Keywords

  • Discount real estate brokerage
  • Residential real estate services
  • Home buying services
  • Home selling services
  • Commission rebate brokerage

Where Trelora is headquartered

Location

Headquarters

HQ city
Denver
HQ country
United States
HQ region
North America

Offices3 records

Markets served

Trelora business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

  1. Seller Listing Services: Sellers pay a 1% listing fee at closing (compared to traditional 3%). This includes full-service real estate representation with professional photography, MLS listing, marketing, negotiations, and closing support. No upfront payment required.
  2. Buyer Services: When seller-paid buyer agent commissions are not offered, buyers pay 1% commission at closing (compared to traditional 3%). Buyers may also receive commission rebates of seller-offered commissions over 1%, providing cash back up to $6,000.
  3. Title Services Integration: In-house title services through Newfound Title, providing seamless integration and additional revenue stream from closing/settlement services.

Pricing tiers

ModelBillingPrice
Transaction based/ take ratePay-as-you-goFull Service 1% Listing Fee
Transaction based/ take ratePay-as-you-goBuyer Agent Services 1%

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Trelora product offering

Product offering

Core offering

Trelora operates as a full-service discount residential real estate brokerage that sells home for a 1% listing fee at closing (versus the traditional 2.5–3%) and provides buyer-side representation with commission rebates of up to $6,000 cash back when seller-offered commissions exceed 1%. Services span professional photography, MLS listing, digital marketing, pricing strategy, negotiation, transaction coordination and closing support, delivered by team-based specialized agents across 20+ U.S. states.

Product overview

Trelora operates as a full-service discount real estate brokerage offering a unified platform for home buying and selling. The core offering is the Trelora Full-Service Brokerage, which provides both the Home Selling Service (1% listing fee) and Home Buying Service (commission rebates up to $6,000). Supporting services include Newfound Title for in-house closing services and a Multiple Cash Offers feature. The company differentiates through a proprietary technology platform that enables agent efficiency while maintaining full-service capabilities including professional photography, MLS marketing, negotiation, and transaction support.

Differentiator

Problem solved

Functional benefit

Brands

  • HomeRise: Brand launched under Newfound parent company for real estate services.
  • Dash
  • Newfound Enterprise

Products and services

  • Home Selling Service Full-service home selling representation at a 1% listing fee paid at closing (instead of the traditional 2.5–3%). Includes professional photography, MLS listing, digital and open-house marketing, pricing strategy, experienced negotiation, multiple-cash-offer capability, and transaction support through closing for residential homeowners.
  • Home Buying Service Full-service home buying representation for residential buyers with unlimited private showings, experienced negotiators, and 7-day-a-week availability. When seller-paid buyer commissions exceed 1%, Trelora rebates the overage to the buyer as cash back up to $6,000 at closing; otherwise buyers pay a 1% commission at closing instead of the traditional 3%.
  • Newfound Title In-house title and escrow services offered to Trelora clients via subsidiary Newfound Title, providing seamless integration with the brokerage transaction process and an additional revenue stream from closing/settlement services.

Quantifiable outcome

  • Average savings of $12,000 per transaction for buyers and sellers
  • +4 more outcomes

Companies that use Trelora

Customer profile

Named customers13 records

Segments3 records

Ideal customer profiles2 records

Trelora technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Trelora partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • HouwzercoreStrategic or Co-development Partner · 4 November 2021Trelora and Houwzer established parent company Newfound, launching new brands HomeRise, Dash, and Newfound Enterprise. This merger created a unified platform addressing evolving real estate market needs.
  • Newfound TitlecoreStrategic or Co-development PartnerNewfound Title is Trelora's in-house title and escrow company providing seamless integration of title services into the transaction process. This partnership enables streamlined closings and addresses a key pain point in real estate transactions.

Scale indicators9 records

Recent moves9 records

Expansion highlights5 records

Trelora competitors and assessment

Company assessment

Direct peers

  • Houwzer: Houwzer is a full-service discount real estate brokerage offering a flat-fee model. Houwzer merged with Trelora in November 2021 to form parent company Newfound, making it the most directly comparable peer in product, model, and customer base.
  • Redfin: Redfin is a publicly-traded tech-enabled residential brokerage offering a discount commission model with both listing and buyer services. Direct competitor in the discount brokerage space with stronger brand recognition and capital base.
  • eXp Realty: eXp Realty operates a cloud-based brokerage with a low-fee, high-agent-commission-share model serving residential buyers and sellers. Direct peer in low-fee brokerage model with massive agent network and global scale.
  • The Real Brokerage: The Real Brokerage is a tech-enabled residential brokerage offering high commission splits and low fees to agents. Comparable tech-driven discount brokerage model serving similar residential buyer/seller customers.

Broad incumbents

  • Compass: Compass is a large national residential brokerage leveraging technology and agent tools. While Compass positions as premium rather than discount, it competes directly in many of Trelora's markets and represents the broader tech-enabled brokerage space.
  • Opendoor: Opendoor is the largest iBuyer, purchasing homes directly from sellers and reselling them. Competes with Trelora for seller-side listings in many shared markets, representing a different but overlapping solution for home sellers.
  • Zillow: Zillow is the dominant real estate portal that previously operated Zillow Offers iBuying. While now primarily a portal/lead-generation business, Zillow shapes consumer expectations and competes indirectly with Trelora for seller-side customer attention.

Emerging players

  • Offerpad: Offerpad is an iBuyer that provides instant cash offers for homes, competing with traditional and discount brokerages for seller-side transactions. Comparable in the seller-services segment with a different (principal-buying) model.

Others

  • HomeLight: HomeLight is a real estate platform connecting consumers with agents and providing agent tools. Adjacent enabling technology in the same residential transaction ecosystem but not a direct brokerage competitor.
  • Side: Side provides technology and back-office infrastructure to real estate agent teams. Adjacent technology provider enabling agent teams to operate more efficiently, comparable to Trelora's team-based model focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks1 record

Key highlights7 records

Customer concentration

Trelora social profiles

Digital presence

Trelora financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Trelora leadership team

Management profile

Number of profiles

Profiles12 records

Trelora subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Trelora funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors1 record

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

Trelora M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Trelora

What does Trelora do?

Trelora operates as a full-service discount residential real estate brokerage that sells home for a 1% listing fee at closing (versus the traditional 2.5–3%) and provides buyer-side representation with commission rebates of up to $6,000 cash back when seller-offered commissions exceed 1%. Services span professional photography, MLS listing, digital marketing, pricing strategy, negotiation, transaction coordination and closing support, delivered by team-based specialized agents across 20+ U.S. states.

Is Trelora a public or private company?

Trelora is a private company. It is classified as corporate owned and is currently operating.

When was Trelora founded?

Trelora was founded in 2011. It employs 51 to 100 people.

Where is Trelora based?

Trelora is headquartered in Denver, United States, in the North America region.

How does Trelora make money?

Three revenue lines are on record. Seller Listing Services are the primary driver. The others are buyer Services and title Services Integration.

Who are Trelora's main competitors?

Direct peers on record are Houwzer, Redfin, eXp Realty and The Real Brokerage. Broad incumbents are Compass, Opendoor and Zillow. Offerpad is listed as an emerging player. Others are HomeLight and Side.

Does Trelora have an API?

No public API is recorded for Trelora.

What industry is Trelora in?

Trelora's product category is Discount Real Estate Brokerage. Its primary akta.pro industry code is BPAJAAAA, Traditional Residential Brokerage (Existing Homes), with a secondary code of BPAJAAAJ, Buyer Representation Services. Its NAICS code is 531210 and its SIC code is 6531.

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Live signals
HouwzerHouwzer Acquires Competitor TreloraHouwzer has acquired Denver-based real estate brokerage Trelora, expanding its operational footprint to 14 states and adding key management personnel including Trelora's CEO Rod Ward. The combined entity aims to leverage shared learnings to scale its 'Brokerage as a Service' vertical and accelerate national expansion in the next-generation real estate market.American City Business JournalsDenver real estate brokerage Trelora acquired by Philadelphia competitorDenver-based real estate brokerage Trelora has been acquired by a Philadelphia competitor. The two companies share a strategic mission to reduce costs for homebuyers and sellers through flat fees or lower agent commissions.TechnicalTech-enabled real estate brokerage Houwzer has acquired competitor TreloraTech-enabled real estate brokerage Houwzer has acquired its competitor Trelora, expanding its operational footprint to 14 states and adding Trelora's flat-fee services to its portfolio. The acquisition allows Houwzer to launch a new B2B 'brokerage as a service' vertical and marks its transition from a mortgage broker to a fully delegated lender. Key executives from Trelora, including CEO Rod Ward, will join Houwzer's leadership team to drive this expansion.PR NewswireTrelora Opens in Phoenix and RaleighTrelora, a Denver-based real estate company, announced its expansion to Phoenix, Arizona and Raleigh, North Carolina, with new offices now open and fully operational in both markets. With this expansion, the company now serves four states with potential access to over 30 million people. Both Phoenix and Raleigh represent high-growth markets, with home values increasing over 45% and 35% respectively in the past five years, areas where Trelora plans to offer its low-fee alternative to traditional real estate commissions.PR NewswireTrelora Opens Up in RaleighTrelora, a Denver-based real estate company, announced its expansion to North Carolina with a new fully operational office in Raleigh, marking its first entry into a third state alongside Colorado and Washington. The company offers sellers a low flat fee model and provides buyers with an average refund of $12,500 at closing, positioning itself as an alternative to traditional real estate commission structures. Trelora claims to have saved customers over $65 million in agent commissions since 2011 and sees Raleigh, one of the fastest-growing real estate markets in the country, as a significant growth opportunity.PR NewswireTRELORA Celebrates First Anniversary in SeattleTRELORA, a real estate agency using a low flat fee model instead of traditional commissions, is celebrating its one-year anniversary in Seattle, having saved western Washington customers over $1.5 million in real estate commissions. The company combines proprietary technology with full-service agents to offer buyers and sellers an alternative to the typical 6 percent commission structure. The CEO cited positive customer reception and expressed commitment to expanding savings for the local market.PR NewswireBighorn Crossing Rejects Conventional Broker Model with TRELORA PartnershipTRELORA, a Denver-based real estate brokerage, announced a partnership with Bighorn Crossing, a residential development in Georgetown, Colorado, to serve as lead brokerage using its flat-fee model. The partnership is described as the first of its kind in Colorado and is expected to save Bighorn Crossing $500,000 in traditional sell-side commissions, or up to $10,000 per home. Bighorn Crossing, which broke ground last spring and expects Phase One completion by September 2018, plans to expand across Colorado with additional developments in the next year.PR NewswireMonty Moran Joins TRELORA as Chairman of the BoardTRELORA, a flat-fee real estate brokerage headquartered in Denver, announced the appointment of Monty Moran as Chairman of its Board of Directors on July 11, 2018. Moran previously served as co-CEO of Chipotle Mexican Grill from 2007 to 2017, where he oversaw growth from 8 to over 2,100 restaurants and a team of 65,000 employees, bringing extensive leadership experience to support TRELORA's planned national expansion. The company reports having saved consumers over $41 million in real estate commissions and was recently recognized with a Colorado Companies to Watch award.PR NewswireTRELORA Report: Seattle Metro Homeowners Paid $2.26 Billion in 2017 Real Estate CommissionsTRELORA, a technology-powered real estate company, released its 2018 Commissions Report showing that Seattle Metro homeowners paid $2.26 billion in traditional real estate commissions in 2017, with $468 million from the city of Seattle alone based on a 6% national average commission rate. The company promotes its flat-fee model of $2,500 per transaction as an alternative, claiming buyers and sellers would have saved $407 million in Seattle in 2017 using their service instead. TRELORA launched in Seattle in early 2018 and has saved clients over $40 million in total commissions across Denver and Seattle since its founding in 2011.PR NewswireTRELORA Launches in Seattle to Provide Lower Commissions for Buyers and SellersTRELORA launched its flat-fee real estate brokerage service in Seattle, offering a $2,500 fee for buying or selling homes. The company reports that this model allows clients to save an average of $18,500 compared to traditional 6 percent commission structures.