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Clever Real Estate
Clever Real Estate matches home buyers and sellers with top local real estate agents. Sellers can work with a top agent for a 1.5% listing fee, and Clever’s...
Clever Real Estate
Clever Real Estate matches home buyers and sellers with top local real estate agents. Sellers can work with a top agent for a 1.5% listing fee, and Clever’s service is free with no obligation. The company has a nationwide network of 14,000 top agents and has helped more than 23,000 people buy or sell a home, saving over $150M in real estate fees. Clever’s service is available in all 50 U.S. states and Washington, D.C.
General information
Firm type
Asset Manager
Year founded
2017
Location
Region
North America
Country
United States
City
St. Louis
Corporate office
4625 Lindell Blvd, 2nd FL, St Louis, MO 63108, United States
Principals
Luke Babich
CEO
Ben Mizes
Founder
Jake Cardenas
Product Manager, Partner Experience
Tony Chahal
President, Closings
Tim Gaasch
VP of Partner Success
Tommy O'Shaughnessy
VP of Consumer Marketing
Trent Seigfried
Head of Data
Drake Shadwell
Manager, Clever Offers
Sector focus
Frequently asked questions
Who runs investment decisions at Clever Real Estate?
Clever does not operate as an investment manager or family office — it is a real estate marketplace and technology company. Strategic and product decisions are led by CEO Luke Babich and the executive team, which includes leaders for consumer marketing, partner success, title and escrow, and data. Co-founder Ben Mizes remains involved as Founder.
How does Clever source proprietary deal flow, and is it available to co-investors?
Clever's deal flow is not an investable asset class. The company generates transaction volume by marketing directly to home sellers and buyers through its website, content library, and concierge outreach — then routes those consumers to its network of 18,000+ pre-vetted real estate agents. It does not offer co-investment opportunities.
Does Clever participate in fund commitments or direct real estate deals?
Clever itself does not make fund commitments or acquire real estate directly. Its Clever Offers arm facilitates cash transactions by connecting sellers with institutional buyers, but Clever acts as an intermediary rather than a principal. The company carries no inventory or balance-sheet risk on homes.
What investment stages does Clever Real Estate typically target?
Clever is not an investment firm. It targets the consumer real estate transaction itself — primarily mid-market residential resales — by negotiating lower listing fees for sellers and cash-back rebates for buyers. The company earns a fee when a matched agent closes a deal.
Which sectors does Clever explicitly avoid?
Clever does not manage third-party capital or operate in commercial real estate, private credit, or large-scale multifamily acquisitions. Its focus remains on the residential brokerage referral market and consumer cash-offer facilitation, leaving institutional investing and property management to external partners.
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