With the changes resulting from the recent NAR settlement, Rayse is helping agents demonstrate their true value to their buyers in a collaborative and transparent experience.
Rayse has already seen commission pressure in 2024 resulting from the NAR settlement — pressure that will also have a heavy impact on a brokerage’s bottom line and how many agents stay in the industry. Rayse is helping agents articulate their value with real data — helping them stand by their fees. The platform also provides brokerages with key insights and data on agent activities, helps track lead conversions, pushes ancillary services and provides consumers with a professional and uniformed experience across the brand. But most importantly, consumers have an elevated collaborative and transparent experience.
In the first 45 days post the third quarter go-to market date, Rayse launched over 150 brokerages and continues to grow as new partnerships, such as California Regional MLS and others across the country, roll it out to their broker members. As transactions begin closing in the platform, Rayse will have the unique ability to track dozens of data points from the transaction, including commission rates, conversion and capture to ancillary businesses.
Company Website:
Markets Served:
Real Estate Sales, Single Family Investment and Property Management, Real Estate Data and Analytics
Company HQ:
Redwood City, CA