Home Bay is a discount real estate brokerage that offers reduced price listing fees for sellers along with buyer rebate for buyers. Home Bay is owned by one corporate entity and does not operate franchises in the US.
Buyers and sellers work with Home Bay to buy or sell their home. Home Bay provides the buyer or seller with an agent team who helps them with every stage of the process for buying and selling.
Home Bay has a flat fee that translates to a 0.5-2.0% commission service for sellers. Home Bay offers a rebate of up to 10% for buyers who work with them. Home Bay also offers a flat rate transaction management service for $2,000.
Home Bay primarily generates revenue through real estate commissions from buyers and sellers paid on a successful home purchase or sale.
Home Bay is privately held.
Home Bay acquired a fifty percent stake in OnTitle National Settlement Services, a title and escrow business, in May of 2018.