Ownli has launched its commission-free real estate platform across 43 states, marking a significant expansion of its alternative listing service. The platform now features 500,000 listings as it scales its business model that eliminates traditional real estate commissions.
The nationwide rollout represents a direct challenge to the conventional real estate brokerage model, where sellers typically pay commission fees to both their listing agent and the buyer's agent. Ownli's platform allows homeowners to list their properties without paying these traditional commission structures.