Launching BidWell
March 3, 2025
We launched BidWell in 2024 in the wake of the NAR Settlement that ended collusion and price fixing by the real estate industry.
No one knows what the new normal for commissions will look like. That's why BidWell is helping to promote creative new commission structures, provide transparency about commission structures to homebuyers and homesellers, and matching buyers and sellers with agents by commission structure.
When you're looking to find a hotel room, a flight, or a high interest savings account, you can easily see prices and shop around. That does not exist for homebuyers and homesellers. That's why BidWell is building the first-of-its-kind database recording how much commission people are paying to their real estate agents. This data will empower homeowners and homebuyers to find the agent that meets your budget.
Have you bought or sold a home as a homebuyer, homeseller, or agent? Or have you negotiated those terms recently? We need your help to make commission structures more transparent. Please contribute to our database!