Jovio is a discount real estate brokerage that offers reduced price listing fees for sellers. Jovio is owned by one corporate entity and does not operate franchises in the US.
Buyers and sellers work with Jovio to buy or sell their home. Jovio provides the buyer or seller with an agent team who helps them with every stage of the process for buying and selling.
Jovio charges 1% listing fee for sellers. Sellers that also buy with Jovio pay a 1% commission on the home purchase.
Jovio primarily generates revenue through real estate commissions from buyers and sellers paid on a successful home purchase or sale.
Jovio is privately held.
As of early 2021, Jovio had under 20 agents.