Clever Real Estate Leads Referral Program Review 2024
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In this review we evaluated Clever Real Estate Referral Network’s features, plans, pricing and other important aspects to help our readers make a more educated purchase decision.
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What Is Clever Referral Network Program?
Clever Referral Network is an online service that provides real estate agents with buyer and seller leads.
The platform acts as an agent-matching service where buyers and sellers can be matched with agents within their area.
Unlike similar platforms, Clever’s real estate leads are completely free for agents — you won’t have to pay to receive referrals.
The number of referrals you get doesn’t depend on how much you pay. Clever sends you referrals based on your level of experience, type of property, and other factors.
As such, you may wonder how the company makes money. Agents on Clever Referral Network are required to pay referral fees after a successful sale or purchase of a property.
What Is Clever Referral Network Used For?
- Lead generation — Agents using the platform start receiving Clever’s real estate leads after signing up and getting accepted into the referral network. The platform doesn’t charge agents for received leads.
- Hand-picked referral matching — Once you request an agent as a buyer or seller, an in-house team on the other end of the system will handpick the best agents for you based on the information you provide.
- Vetting leads — Every buyer or seller that registers for Clever goes through a vetting process. You will be required to fill out several on-screen forms that collect information about you, your finances, and your property, among other details. After that, a company rep will contact you for further vetting. This process ensures that all referrals that agents receive are willing and ready to sell or buy.
- Comprehensive agent profiles — Clever allows agents to create detailed profiles that include their personal details and work experience. The platform also lets you update your profile as your experience grows. Your agent profile will be shown to sellers and buyers who use the info to decide whether you suit their needs.
- Mortgage services — Clever lets loan providers create accounts and offer loans to buyers on the platform. Clever’s lender-certified agents work with loan officers to deliver a seamless buyer experience for borrowers.
- After-sale services — Clever Real Estate has partnered with several companies, such as Modern Bathroom, to deliver various after-sale services, including moving and maintenance/repair services.
- Access to real estate resources — Clever has many resources for real estate professionals as well as investors and aspiring homeowners. There are built-in calculators, numerous blog articles, buying guides, and much more.
Clever Referral Network Users Breakdown by Specialty
- Real estate agents
- Real estate teams
- Real estate brokerages
- Lenders
- Home buyers and sellers
Is Clever Referral Network Legit?
Yes. Clever Referral Network is a legitimate agent-matching platform that has been in service since 2017, with physical headquarters in St. Louis, Missouri.
Since its launch, Clever Real Estate has grown to become one of the leading agent-matching services in the U.S., with over 14,000 agents actively using the platform to get leads as of 2023.
The platform’s significant popularity can be seen online, where Clever has received more than 2,200 customer reviews on Trustpilot alone, most of which are positive.
The platform has also been featured several times on renowned digital media outlets such as PR Newswire.
When it comes to security, Clever Real Estate implements industry-standard technical and physical measures to keep user data safe from loss and misuse.
Additionally, the company doesn’t sell user data to third-party providers or any other entities.
As a brand, Clever has a public company profile with active social media accounts across all popular social media platforms, including TikTok.
All in all, we can guarantee that the Clever Referral Network is not a scam.
Clever Referral Network Customer Reviews
Clever Referral Network Pricing
Like other platforms providing pay-per-closing real estate leads, and unlike real estate lead generation services, Clever Referral Network does not charge agents upfront.
Buyers and sellers can create accounts and request agents for free. In case you do not like the matched agent, you can request more agent matches at no additional cost.
Still, sellers are required to pay a listing commission of 1.5%, or at least $3,000 to their listing agents after the sale of their property. The cost is significantly lower than the standard market rate of 3%.
There are no sign-up or service fees for real estate agents who join the referral network, which means you will not be charged for the Clever real estate referrals you receive.
Instead, the company charges its agents a referral fee after the successful sale or purchase of a property of a referred lead.
Although Clever Real Estate doesn’t reveal the referral fee amount, customer reviews online indicate that the referral fee is about 30% of your agent’s commission.
Clever Referral Network Coupon & Promo Codes
Clever Referral Network Features
Agent Matching
This real estate broker software offers many functionalities, but at its core, it is an agent-matching service.
On one end, agents and brokers can sign up, create their profiles, and wait for referrals, and on the other end, buyers and sellers can register to get matched with an agent.
While similar platforms use technology for agent matching, Clever Referral Network utilizes an in-house concierge team to match agents with sellers and buyers.
As a result, you will be matched with buyers and sellers that perfectly meet your criteria and work experience.
Agent matching is available for customers in all states.
Lead and Agent Vetting
Clever Real Estate vets all its users, including buyers, sellers, and agents.
Prospective buyers and sellers answer several on-screen questions regarding their property, finances, and mortgage situation.
The questions are intended to assess your readiness and willingness to sell.
Once you have completed the questionnaire, a company rep will reach out to you for further assessment and with suitable agent matches.
Agents using Clever are also vetted before joining the referral network.
To join the network, you will be first required to fill out the Clever Partner Agent form that collects your personal info and work details. Some of the information required includes:
- full name
- zip code
- number of sales within the past 12 months
- the brokerage firm you work for
- years of experience
Once you submit the required information, the company will review it and get back to you in one or two business days.
Mortgage Service
In addition to buyers, sellers, and agents, loan providers can also use Clever Real Estate. The platform allows lenders to create accounts and offer their services to home buyers.
The mortgage and loaning process is managed on Clever Pro, a proprietary mortgage solution that allows loan officers to run their business activities.
Free Real Estate Resources
The Clever Referral Network has a vast library of real estate resources that includes:
- YouTube videos (demos and tips)
- blog posts by industry experts
- buying guides
- rental property calculator
- cap rate calculator
- buying guides
- comprehensive FAQs section
Clever Referral Network Pros and Cons
Pros
- Clever offers low listing fees for sellers (1.5% listing commission), meaning you can save more on your deals.
- The platform has generally received positive reviews from customers.
- The agent-matching process is quick and straightforward, according to multiple customer reports.
- Clever Referral Network has agents across all states.
- There’s a $250 cash back for buyers who purchase a home through a Clever agent. The service is available in 41 states.
Cons
- Clever does not take responsibility for your agent’s actions. Some customers have reported that some agents may compel you to sell below market value.
- Although the platform has nationwide coverage, there are areas where Clever lacks local agents, particularly in rural and less populated regions.
Clever Referral Network Integrations
- DealMachine
- TurboTax
- Total Expert
- Whirlpool
- Miracle
- FlyFin AI Tax
- 360 Training
- HomeAdvisor
- Task Rabbit
- Modern Bathroom
- Choice Home Warranty
Clever Referral Network Alternatives
- ReferralExchange
- Zillow Flex
- Zillow Premier Agent
- HomeLight
- OJO
- AgentAssistant
- SOLD.com
- Opendoor
- Movoto
- Redfin
- HomeOpenly
- Ideal Agent
- MyAgentFinder
- UpNest
- Agent Pronto
- FastExpert
Clever Referral Network Achievements
Awards & Recognition
Best Referral Program for Real Estate Agents (Awarded by Real Estate Bees)
Press & Media
Fastest-Growing Company in the Midwest (Inc. 5000, 2023)
Clever Referral Network FAQs
Does Clever Referral Network have a free trial?
The company doesn’t offer a free trial or money-back guarantee since Clever’s pricing model isn’t subscription-based.
Clever agents only pay after the successful sale of a property. However, Clever offers a cash back for home buyers in certain states.
How many clients does the Clever Referral Network have?
According to the company website, Clever Referral Network has over 14,000 top agents across the U.S. and thousands of customer reviews on Trustpilot, indicating the platform’s wide reach.
Who founded Clever Referral Network?
Clever Real Estate Inc. was launched in 2017 by Luke Babich and Ben Mizes, who are both successful real estate investors with millions of dollars in real estate portfolios.
The co-founders also have an extensive background in sales, digital marketing, and leveraging tech and entrepreneurship. Luke serves in the company’s day-to-day as CEO, while Ben is the President.
What is Clever Referral Network’s customer service number?
Agents, buyers, and sellers using Clever can reach out to the company via the following line: (833) 225-3837.
For written inquiries, customers and prospective users can contact the company via email by writing to [email protected].
What is the Clever Referral Network cancellation and refund policy?
Clever users are free to cancel their account at any time by sending a written request to [email protected].
There are no refunds for terminated accounts since agents use a commission-based subscription model.
However, buyers in certain states may receive cash back under special circumstances.
What awards and recognitions has Clever Referral Network received?
In 2023, Clever Real Estate Inc. was ranked position 65 as the fastest-growing company in the Midwest by Inc. 5000.
Clever Referral Network Tutorials & Training
Is the Clever Referral Network Worth It?
That depends on several factors. For established agents, Clever Referral Network is a great addition to their business, helping them reach their real estate goals.
First, you will continuously be receiving Clever’s real estate referrals, and as a result, you can grow your sales and business considerably.
Additionally, unlike realtor lead generation companies, it only charges you after a successful closing of a deal.
Buyers and sellers can also benefit from using the platform. Clever offers one of the lowest listing fees, at 1.5%, compared to the market rate of 3%.
The platform also has a nationwide reach, with member-agents across all states.
That said, Clever Referral Network isn’t suitable for less experienced agents.
To become eligible for joining the network, you must become a successful real estate agent and have at least five years of experience.
Clever Referral Network Contacts
- Website: Official website
- Phone: (833) 225-3837
- Email: [email protected]
- Address: 6358 Delmar Blvd, Suite 300, Saint Louis, Missouri 63130
- Socials: Facebook, Instagram, Twitter, LinkedIn, TikTok
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About the Author:
Kristina Morales is both a licensed mortgage loan originator and real estate agent in the State of Ohio. Inspired by her years of working with buyers and sellers and seeing a need for more consumer education, Kristina created loanfully.com, an online educational resource for borrowers and industry professionals. In addition to real estate sales and mortgage lending, Kristina had an extensive corporate career in banking, treasury, and corporate finance. She ended her corporate career as an Assistant Treasurer at a publicly traded oil & gas company in Houston, TX. Kristina obtained her MBA from the Weatherhead School of Management at Case Western Reserve University and her B.A in Business Management from Ursuline College.