Richr is a FSBO listing platform that helps sellers list their home on the multiple listing service and popular consumer portals without paying a traditional seller's agent commission. Richr also offers flat-rate buyer's agents services.
Sellers listing their home with Richr, and then Richr will post the seller's home on the relevant MLS and consumer portals. The seller will handle all inquiries and the remainder of the sales process. Richr offers additional software tools and concierge service to support closings.
According to most sources, Richr listing prices start at ~$2,500 per listing paid on closing. Richr also offers buyer's agent services for $2,500 after commission rebates.
Richr primarily generates revenue through flat fees paid on each listing. It also generates revenue from its title and insurance services.
Richr is privately held.