Prevu Review 2024

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By Michael Warford Updated April 3, 2024
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Edited by Ashley Simon

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Prevu is a discount real estate brokerage. While it is especially known for its home buyer rebate, it provides discounts for sellers too. Customer reviews are highly positive, praising the range of services Prevu agents offer and the customer support.

Prevu

Shop Alternatives
On listwithclever.com
4.0
Our rating

Listing Fee

1.5%

Buyer Savings

Up to 1%

Active Since

2017

Editor's Take

Overview

Locations

Prevu may be a good choice if you’re looking to save money and you’re comfortable doing some of the legwork yourself. However, if you want a more hands-on agent, especially during the initial stages, an alternative brokerage may be a better fit. While Prevu real estate agents are good, they tend to be more involved during the latter stages of real estate transactions while you do more of the upfront work.

Pros

  • Prevu offers savings for both home sellers and eligible buyers.
  • You’ll receive the same range of services as a full-service traditional realtor.
  • Customer support is generally very good.

Cons

  • Prevu agents provide less one-on-one support early on.
  • Prevu charges minimum fees and the buyer rebate amount varies.
  • Your agent's commission structure may affect service quality.

What it is: Prevu is a full-service discount real estate brokerage that offers both buyer rebates and low 1.5% listing fees.

How it works: When you sign up for Prevu, you’ll get matched with a local real estate agent. You’ll receive full-service support from your agent, although the service may be less hands-on than what a traditional agent would offer. Agents will provide personal assistance with negotiating, pricing, and closing. If you’re a buyer, you’ll receive Prevu’s Smart Buyer Rebate after closing.

Customer reviews: 

  • Google: 5/5 (591 reviews)
  • Yelp: 4.5/5 (11 reviews)

Prevu is available in the following states: California, Colorado, Connecticut, the District of Columbia, Florida, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Texas, Virginia, and Washington.

Located somewhere else? See our nationwide discount real estate broker picks.

Compare Prevu to some other low commission real estate brokerages to make sure you choose the option that’s best for you. Read on to find out how Prevu ranks and how it works.

Our Prevu rating

⭐️ Prevu: Overall score4.2 🟡
Service quality5.0 🟢
Savings4.0 🟡
Customer experience4.5 🟢
Agent expertise3.0 🔴
Ratings based on 1–5 scale, with 5 being the best. Learn more about our methodology.
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Prevu is known for its discounts and savings, with a listing fee of 1.5% for sellers (up to half the average commission rate) and a home buyer rebate that varies depending on your home sale price. Those savings are especially impressive considering that Prevu offers a full range of realtor services — from both seller’s and buyer’s agents — and gets good marks for customer support.

However, Prevu falls a bit short in terms of agent expertise. While many Prevu reviews from customers highlight the high quality of the agents, they also note that those agents tend to be more hands-off than traditional agents. If you prefer an agent who provides more personalized support throughout the entire process, you may want to consider an alternative service.

Is Prevu right for you?

If your top priority is saving on realtor commission fees, Prevu is worth considering. While the savings do vary, most Prevu Real Estate reviews suggest customers are happy with them. Plus, Prevu agents offer the full range of services as a traditional agent.

However, you’ll be working with a real estate agent who may not be as actively involved with your real estate transaction during the initial stages as you may expect. That setup works fine for some people, but it’s not right for everyone, and other brokerages offer discounts while providing more personalized service.

To make sure you get the agent who’s the best fit for your real estate needs, you should compare your options. A service like Clever Real Estate lets you choose from multiple full-service agents, so you can choose the one who’s right for you, all while paying a listing fee of just 1.5%.

⚡ Compare your local Prevu agent with other top, vetted realtors in your zip code.

Prevu vs. alternatives

Make sure you compare all your options when looking for a real estate agent so that you find the best fit for you. Here are our top alternatives to Prevu.

Company
Best for
Listing Fee
Availability
Best overall
1.5%
Nationwide
Find Agents
On listwithclever.com
Great savings, but some risks
Great savings, but some risks
1.5%
26 states (select markets)
Good agents, but limited choice
Good agents, but limited choice
2%
Nationwide
Best overall

Clever Real Estate

Find Agents
On listwithclever.com
4.8
Our rating

Listing Fee

1.5%

Customer Rating

5/5 (3,180 reviews)

Availability

Nationwide

Editor's Take

Pros & cons

Overview

Clever Real Estate is the best option for most sellers looking for an agent. The company matches you with multiple experienced, full-service agents so you can find the right fit, and it offers a low 1.5% listing fee no matter which agent you choose.

Find top agents near you today!

Pros

  • Get matched with top-producing local agents in minutes.
  • Guaranteed 1.5% listing fee (half the usual rate).
  • Free agent matching service with no obligation to commit to any realtor.
  • Large agent network offers great selection compared to similar services.

Cons

  • No guarantee you’ll get matched with a specific agent or brokerage.
  • Add-ons like professional home staging and drone photography may cost extra.

What it is: Clever Real Estate offers a lower commission without sacrificing quality. Through its free service, you can find top-rated agents in your area and sell for just a 1.5% listing fee (much lower than the average realtor commission rate).

How it works: You take a short online quiz (five questions) to help Clever understand your situation and preferences. Then Clever matches you with vetted, top-performing agents in your market who are a good fit, including realtors from major brands like Compass, Century 21, and Coldwell Banker. If you don’t like the agents Clever recommends, you can request more matches until you find the right fit — or simply walk away.

Customer reviews: 5/5 (3,180 total reviews)

Locations: Clever is available nationwide.

Great savings, but some risks

Redfin

Learn More
On listwithclever.com
4.5
Our rating

Listing Fee

1.5%

Customer Rating

4.8/5 (156,106 reviews)

Availability

26 states (select markets)

Editor's Take

Pros & cons

Overview

Redfin is a reputable discount real estate brokerage that offers significant savings, particularly if you buy and sell with the brokerage. But watch out for high minimum fees, which vary by market and can be high in some areas. Redfin's agents also work with a lot of clients, and they don’t always have time to provide as much hands-on service as you may need.

Read the full Redfin review.

Pros

  • Low 1.5% listing fee offers excellent savings.
  • Clients who buy and sell with Redfin can save even more.
  • Easily manage your listing online or via Redfin’s app.

Cons

  • Agents might not be experienced in your local market.
  • High minimum fees in certain markets may limit your actual savings.

What it is: Redfin is a discount brokerage with salaried agents who work under its brand name.

How it works: All Redfin agents charge a 1.5% listing fee. If you buy and sell with Redfin, you can get a 0.5% rebate, bringing your listing fee down to 1%.

Customer reviews: 4.8/5 (156,106 total reviews)

Locations: Redfin is available in Washington D.C. and most major cities in the following states: Arizona, Arkansas, California, Colorado, Florida, Hawaii, Illinois, Indiana, Maryland, Massachusetts, Minnesota, Nebraska, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, Tennessee, Texas, Utah, Virginia.

Did you use Redfin? Leave a review for the chance to win a $250 Amazon gift card.
Good agents, but limited choice

Ideal Agent

Learn More
On listwithclever.com
4.5
Our rating

Listing Fee

2%

Customer Rating

4.9/5 (7,007 reviews)

Availability

Nationwide

Editor's Take

Pros & cons

At a Glance

Ideal Agent is a solid option if you’re looking for a top agent. The company vets its realtors thoroughly, so you’ll likely get a quality agent. But you won't save as much on realtor fees as you could with other companies.

Read the full Ideal Agent review.

Pros

  • It's easy to get matched with a real estate agent.
  • The 2% listing fee is lower than the traditional rate.
  • Customer service gets excellent reviews.

Cons

  • You likely won't get to choose which agent you work with.
  • There are no savings for buyers and limited savings for sellers.
  • There's limited ability to manage your listing online.

What is it: Ideal Agent is a real estate brokerage that matches buyers and sellers with real estate agents.

How it works: Ideal Agent has strict performance criteria for the agents it lets into its network. This vetting process means you're more likely to be matched with a top agent, although it also means there are fewer agents overall to choose from.

Ideal Agent also has a cash buyer program where it solicits cash offers for your home from various investors.

Customer reviews: 4.9/5 (7,007 total reviews)

» Read our full Ideal Agent review

Locations: Ideal Agent is available nationwide.

Did you use Ideal Agent? Leave a review for the chance to win a $250 Amazon gift card.

How Prevu stacks up

Service quality

📊 Our rating: 5/5

  • Both buyers and sellers get full service, like a conventional brokerage.
  • You get a dedicated agent providing in-person support.
  • Extra services, like 3D virtual tours, are also included.

Prevu gets top marks for the real estate services it offers both home buyers and sellers. As a full-service broker, you’ll get the same range of services with Prevu as you would with a traditional agent. Unlike some discount brokerages, you’ll receive dedicated support from a single agent.

For sellers, services should include:

Additionally, your agent will assist with due diligence (such as help with appraisals), negotiations, and closing. Unlike some discount brokerages, Prevu also offers 3D virtual tours, social ad campaigns, and they’ll conduct showings and open houses.

If you’re using a buyer’s agent, they will also provide full service, such as assistance with preparing offers and negotiating with sellers.

How does Prevu work?

  1. You’ll enter some basic information about your real estate needs on Prevu’s website.
  2. Prevu will contact you shortly afterwards to help match you with a real estate agent.
  3. For the home selling process, your agent will provide a free home valuation and help you market your property, including with an MLS listing. For buyers, your agent will be more hands-off initially and you’ll do more of the house hunting yourself.
  4. Your agent will help with negotiating, due diligence, and closing. Eligible home buyers will also receive their rebate after closing.

Savings

📊 Our rating: 4/5

  • Prevu’s 1.5% listing fee offers solid savings for sellers.
  • Buyers can also get a rebate, but the amount varies.
  • Savings are subject to minimum fees, terms, and eligibility requirements.

Prevu offers good savings for both buyers and sellers. Its listing fee is 1.5%, which is less than the 2.83% average commission fee that traditional realtors charge. On a $700,000 sale, for example, you’d pay a listing fee of $10,500 with Prevu compared to the $21,000 you’d pay with an agent charging 3% — a savings of $10,500.

However, Prevu does charge minimum fees, which you’ll want to be aware of before signing with them. High minimum fees can negate the savings otherwise provided by a supposedly discounted rate. Unfortunately, Prevu doesn’t appear to publish its minimum fees online.

As the seller, you’ll still need to provide a buyer’s agent commission, which is about 2.66%% on average. The buyer’s agent commission comes out of the proceeds of the sale and it ensures that buyer’s agents are incentivized to show your property to their clients.

Prevu also provides a home buyer rebate, called the Smart Buyer Rebate, which is issued as a check after closing. While Prevu says buyers get back an average of $25,000, they don’t provide many details about how the buyer rebate amount is calculated, only to say that it varies by market.[1] According to one recent article, the buyer rebate can be as high as 2%.[2] There are also numerous terms and eligibility requirements for the buyer rebate, including lender approval, minimum commissions, and restrictions on eligible properties.[3]

👋 Get a better agent AND bigger savings

Why pay more in commission fees for less service? Clever offers you bigger savings without sacrificing the service you expect from a traditional realtor.

With Clever:

 ✅ You'll only pay 1.5% to list your home

 ✅ You'll work with a full-service realtor from a top broker

 ✅ It's free, with zero obligation — you can walk away at any time

Saving on realtor fees doesn't have to mean sacrificing service. Find a top local agent today!

Customer experience

📊 Our rating: 4.5/5

  • Customers are overall very happy with Prevu’s service.
  • Positive Prevu reviews focus on the buyer rebate and customer support.
  • Some customers may prefer a company that provides more hands-on support.

Prevu has excellent customer reviews overall: 5 out of 5 based on 602 total reviews between Google and Yelp. Positive reviews tend to highlight the buyer rebate program and the quality of the agents.

For example, one home buyer says that the company is “Much better than a traditional real estate agent. Prevu helps you receive a large refund from buyer commission while doing the most important role of a real estate agent: negotiating and closing a deal.”

Similarly, another customer found Prevu’s team made their real estate transaction smooth and stress-free: “Prevu and Justin Christman who heads up their SoCal/San Diego office are awesome to work with. Always responsive and professional, Justin represented us in our recent property purchase. The transaction was quick and smooth. We'd definitely go back to Prevu and to Justin when we have a need in the future.”

Finally, this customer appreciated Prevu’s excellent service, while also pointing out that the company is a better fit for those who prefer not getting as much one-on-one attention from their agent: “I highly recommend Prevu. It’s ideal for someone who wants to lead their search and be hands on. I equate it to being the kind of person who wants to plan their own vacation vs having a travel agent do everything. (Do travel agents still exist?) If you are the former, Prevu is perfect.“

Agent expertise

📊 Our rating: 3/5

  • All agents are licensed and get good customer reviews.
  • Agents tend to be more hands-off than traditional realtors.
  • Compensation structure for agents may affect service quality.

Prevu’s agents are all licensed and provide the same range of services as traditional real estate agents. However, there are some unique aspects about Prevu’s agents that could affect your experience.

For one, Prevu’s buyer’s agents stay relatively hands-off during the early home search process, as Prevu argues that buyers prefer to do these early steps themselves. As a result of this hands-off approach, Prevu agents close a lot more deals than typical realtors.[4]

If you’re comfortable with doing more of the early stages yourself, then less one-on-one support could work for you. But if you want more guidance throughout your transaction, another real estate brokerage may be a better fit.

Also, like some other discount real estate brokers, real estate agents at Prevu earn a base salary.[5] This is unlike traditional realtors who earn their entire income through commission. There are pros and cons to this income structure. On one hand, since salaried agents get paid no matter what, you may feel like their advice is more trustworthy and that they’re less likely to pressure you into a deal.

However, the potential downside is that the very best agents know they can make more by working entirely on commission. For that reason, they’re less likely to want to work as salaried employees.

Prevu history and news

Prevu was founded in 2017 in New York City. The company has had two funding rounds, the first in 2019 and more recently in 2023.[6][7] Investors include Citi, Winklevoss Capital, and others. In 2022, Prevu also acquired the mortgage technology assets of defunct startup Reali, which Prevu says will allow it to expand into mortgages.[8]

Prevu locations

Prevu is available in California, Colorado, Connecticut, the District of Columbia, Florida, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Texas, Virginia, and Washington.

Next steps: Should I use Prevu?

If you qualify for Prevu's full home buyer rebate, it could be a great option. Its 1.5% listing fee is competitive with other low commission real estate brokerages, making it a good choice for home sellers if you're happy with the agent near you.

If you're considering Prevu, we recommend comparing the Prevu agent in your area with a few other agents who charge the same 1.5% listing fee. 

👋 Next Steps: Talk to an expert

If you're weighing your options for buying or selling a house, Clever can help!

Our fully licensed concierge team can answer your questions and provide objective advice on getting the best outcome with your sale or purchase.

When you enter your info below, we'll ask you a few questions about your situation via a short form. Then our concierge team will be in touch shortly to help.

This service is free, and there’s never any obligation to move forward with us.

Frequently asked questions

How much does Prevu cost?

Home sellers pay a 1.5% listing fee along with the standard buyer's agent commission. While buyer's agent commission comes out of the sale proceeds, eligible home buyers may get a buyer rebate after closing, whose value varies depending on a number of factors.

How does Prevu compare to a traditional realtor?

Prevu offers a lower listing fee than traditional realtors and eligible buyers can get a buyer rebate. While Prevu provides the same range of services as traditional brokerages, actual in-person support may be more limited, especially during the early stages of the real estate transaction.

Related reading

Methodology

We evaluate each low commission real estate brokerage based on four core criteria and create a weighted score:

  • Service quality (30% of final score)
  • Savings (25% of final score)
  • Customer experience (20% of final score)
  • Agent quality (25% of final score)

Service quality

Essential services and support. We evaluate whether the brokerage requires its agents to offer basic services like a CMA, pricing and staging advice, professional photography, MLS listing, for-sale sign, lock box. We also consider whether agents provide hands-on support throughout the sale process (in-person home visits, guidance through due diligence, negotiation support).

Ease of use. We consider how easy it is to find an agent in your area, and we look at customer reviews to determine whether customers have issues with the platform or tools used by the brokerage.

Savings

Pricing model. We compare the company's pricing model (including listing fee, any minimum fees, and buyer's incentives) to its competitors to determine the overall value to customers.

Customer experience

Review analysis. We perform an in-depth analysis of all the available customer reviews to determine trends. We break down the reviews by customer type, sentiment, and filter out spam reviews to determine our rating.

Company responsiveness. Negative reviews are part of doing business; however, we take note of whether a company is actively involved in resolving customer complaints.

Agent quality

Vetting requirements. We compare the company's vetting requirements to its competitors. We also take into consideration the size of the agent network to determine whether customers will have multiple options to choose from.

Article Sources

Authors & Editorial History

Our experts continually research, evaluate, and monitor real estate companies and industry trends. We update our articles when new information becomes available.

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