Relocal Move
Relocal Move is a US real estate referral service, founded in 2013 in Kennesaw, Georgia, that connects individual home buyers and sellers with vetted agents from major national brokerages and returns a 20% commission rebate averaging $2,400 per closing.
- Company typePrivate
- Founded2013
- HeadquartersKennesaw, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Relocal Move does
Relocal Move generates revenue through referral fees paid by real estate brokerages when a referred customer closes a transaction, funded out of the standard 3% agent commission structure; the company retains a portion and returns the bulk (the rebate) to the customer. It maintains referral agreements with essentially every major US residential brokerage franchise, including ERA, Century 21, Coldwell Banker, Remax, Keller Williams, Better Homes and Gardens, Sotheby's, Berkshire Hathaway, Long & Foster, and Weichert, as well as a regional relationship with ERA Sunrise Realty near Atlanta. An associated mortgage service is offered through a long-standing partnership with Northpointe Bank (since January 2015), whose loan officers serve Relocal Move customers and provide perks such as free appraisals. The customer base is entirely individual homebuyers and sellers (long-tail consumer/SMB), the company is privately held with 1-10 employees, and buyer-side rebates face legal restrictions in ten US states (Alabama, Alaska, Iowa, Kansas, Missouri, Tennessee, Oregon, Mississippi, Oklahoma, and Louisiana), while seller-side rebates are unrestricted nationwide.
Relocal Move firmographics
Firmographics- Name
- Relocal Move
- Legal name
- Relocal Move
- Website
- https://relocalmove.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Relocal Move is a US real estate referral service, founded in 2013 in Kennesaw, Georgia, that connects individual home buyers and sellers with vetted agents from major national brokerages and returns a 20% commission rebate averaging $2,400 per closing.
- Ownership category
- akta.pro rank
Relocal Move industry classification
Industry- Product category
- Real Estate Referral Services
- NAICS
- Offices of Real Estate Agents and Brokers (53121)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Relocation & Corporate Housing Brokerage (BPAJAAAG)
Keywords
Where Relocal Move is headquartered
LocationHeadquarters
- HQ city
- Kennesaw
- HQ country
- United States
- HQ region
- North America
Markets served
Relocal Move business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D
Revenue model
- Referral Fees from Brokerages: Relocal Move generates revenue through referral agreements with real estate brokerages across the country. When a referred customer closes on a real estate transaction, Relocal Move receives a referral fee as part of the standard 3% commission structure. The company then rebates 20% of the agent's commission back to the customer.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | 20% Commission Rebate for properties $150,000+ |
| Transaction based/ take rate | Pay-as-you-go | 10% Partial Rebate for properties $100,000-$149,999 |
| Transaction based/ take rate | Pay-as-you-go | No Guarantee for properties under $100,000 |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Relocal Move product offering
Product offeringCore offering
Relocal Move operates a real estate referral service that connects home buyers and sellers with pre-screened, vetted local real estate agents from partner brokerages across the United States. In exchange for using the referred agent, customers receive a cash rebate of up to 20% of the agent's commission after closing, with an average rebate of $2,400. The company also partners with Northpointe Bank to offer preferred mortgage lending services with a free appraisal benefit.
Product overview
Relocal Move operates as a single unified referral service, not a multi-module platform. The core offering is its Real Estate Rebate Program, which connects home buyers and sellers with partnered real estate agents and provides cash rebates. The company also offers an associated mortgage service through its partnership with Northpointe Bank to support buyers in obtaining financing. Users move through a five-step process: schedule a call, get pre-approved for a mortgage, connect with a Realtor, close on the transaction, and receive a rebate check.
Differentiator
Problem solved
Functional benefit
Products and services
- Real Estate Rebate Program A referral service that connects home buyers and sellers with vetted local real estate agents from partner brokerages and provides cash rebates of up to 20% of the agent's commission after closing, with an average rebate of $2,400 in 2022. Minimum eligible property sale price is $150,000 for the full rebate; properties between $100,000 and $149,999 receive a partial 10% rebate.
Quantifiable outcome
- Average cash rebate of $2,400 (2022)
- +1 more outcomes
Companies that use Relocal Move
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles2 records
Relocal Move technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Relocal Move partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Northpointe BankcoreNorthpointe Bank is Relocal Move's preferred mortgage lending partner. The bank offers various loan programs including Conventional, Jumbo, FHA, VA, USDA Rural Development, Bank Statement, and 0% Down Equity Builder. Relocal Move customers receive program perks including free appraisals. Chris Britt and David Langan serve as Senior Loan Officers. Since January 2015, Northpointe has helped people with home financing.
- ERA Sunrise RealtycoreERA Sunrise Realty, led by President Greg Martin, has been working with Relocal Move clients for several years. Located near Atlanta, Georgia, the brokerage provides experienced agents who are assigned to customers in their market through Relocation Director coordination.
- Major National Real Estate BrokeragescoreRelocal Move has referral agreements with all major real estate brokerages including ERA, Century 21, Coldwell Banker, Remax, Keller Williams, Better Homes and Gardens, Sotheby's, Berkshire Hathaway, Long & Foster, and Weichert. The company does not use any one brokerage exclusively, providing flexibility across markets nationwide.
Scale indicators3 records
Recent moves6 records
Expansion highlights4 records
Relocal Move competitors and assessment
Company assessmentDirect peers
- Clever Real Estate: Clever is a direct competitor: it matches consumers with vetted agents from major brokerages and returns a portion of the commission as a cash-back rebate. Closely aligned business model, customer base, and rebate mechanic to Relocal Move.
- HomeLight: HomeLight is a real estate referral and agent-match platform that connects consumers with top-performing agents and offers cash-back programs in select markets. Highly comparable as a referral-plus-rebate intermediary.
- UpNest: UpNest (owned by Realtor.com) operates an agent-matching marketplace where consumers receive cash-back or reduced commissions. Same core mechanic as Relocal Move: agent referral plus consumer rebate funded by agent commissions.
- Ideal Agent: Ideal Agent matches buyers and sellers with full-service agents and returns a percentage of the commission to the consumer. Closely mirrors Relocal Move's rebate structure and consumer positioning.
- Rocket Homes: Rocket Homes (affiliated with Rocket Mortgage) connects consumers with affiliated real estate agents and offers cash-back/rebates. Highly comparable referral-and-rebate model with the additional mortgage cross-sell dimension Relocal Move already has via Northpointe Bank.
- Prevu: Prevu is a tech-enabled real estate brokerage that provides buyers with a commission rebate through its agents. Direct overlap on consumer-cashback positioning in the residential real estate transaction flow.
Broad incumbents
- Redfin: Redfin is a large tech-enabled brokerage that offers consumers a commission credit / rebate structure when buying or selling through its own agents. Comparable as a cashback-oriented consumer real-estate brand, but operates its own brokerage rather than a pure referral layer.
- Opendoor: Opendoor is a leading iBuyer and end-to-end home seller/buyer platform. Broader scope than Relocal Move (direct purchase, listing) but adjacent in the consumer cash-rebate / cost-transparency positioning.
Emerging players
- Offerpad: Offerpad is an iBuying and real estate solutions platform that includes agent-matching and home-trade-in programs. Comparable as a consumer-facing home transaction platform with cash-based incentives, though primary model is direct purchase vs. referral.
- Tomo: Tomo is a consumer fintech/real estate platform offering agent referral and cashback-like structures combined with mortgage products. Comparable on the referral-plus-mortgage stack Relocal Move already runs at smaller scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Relocal Move financial estimates
Financial estimateRevenue estimate
Valuation estimate
Relocal Move leadership team
Management profileNumber of profiles
Profiles2 records
Relocal Move funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Relocal Move M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Relocal Move
What does Relocal Move do?
Relocal Move operates a real estate referral service that connects home buyers and sellers with pre-screened, vetted local real estate agents from partner brokerages across the United States. In exchange for using the referred agent, customers receive a cash rebate of up to 20% of the agent's commission after closing, with an average rebate of $2,400. The company also partners with Northpointe Bank to offer preferred mortgage lending services with a free appraisal benefit.
Is Relocal Move a public or private company?
Relocal Move is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Relocal Move founded?
Relocal Move was founded in 2013. It employs 1 to 10 people.
Where is Relocal Move based?
Relocal Move is headquartered in Kennesaw, United States, in the North America region.
How does Relocal Move make money?
One revenue line is on record: referral Fees from Brokerages.
Who are Relocal Move's main competitors?
Direct peers on record are Clever Real Estate, HomeLight, UpNest, Ideal Agent, Rocket Homes and Prevu. Broad incumbents are Redfin and Opendoor. Emerging players are Offerpad and Tomo.
Does Relocal Move have an API?
No public API is recorded for Relocal Move.
What industry is Relocal Move in?
Relocal Move's product category is Real Estate Referral Services. Its primary akta.pro industry code is BPAJAAAG, Relocation & Corporate Housing Brokerage. Its NAICS code is 53121 and its SIC code is 6531.