A residential deal is short and intense. A buyer's agent writes an offer with an escalation clause and a personal letter the listing agent may or may not pass on. The inspection comes back with forty items and the agents trade a repair request and a counter. The appraisal comes in low and someone has to find the gap. The transaction coordinator tracks every deadline in a checklist and chases signatures until the closing disclosure is out. Then the file is reviewed for compliance and the commission is split.
A brokerage that closes a few hundred homes a year accumulates a library of these negotiations, each documented in the transaction platform, the inbox and the text threads agents forward to the TC. Mercor lists listings and inspection reports for real estate, and Nyne has advertised that old real estate deal files could be worth six figures. Most of the writing comes from agents, which is why agent status is the question every residential brokerage meets first.
This page is for independent and franchised residential brokerages and large teams with ten or more employees. It covers a week of deal-file activity, which buyers fit, how independent contractor agents affect headcount and ownership questions, and what to keep out of a first package.
Worth
What a brokerage's data may be worth
Set for a typical brokerage, 20 staff and 12 years of records. Move the sliders to match yours. Our estimate, not an offer.
Buyers
Which buyers want this data
Buyers whose own published rules fit residential real estate brokerages. We can introduce you to the ones we work with.
Featured partners
Polyshares
Buys CRM, email and Drive, asks only for real operating history, and excludes data held on behalf of clients.11,12,13
- $100K to $2M+, Polyshares says9
- None, Polyshares says14
- An offer in 1 to 2 weeks, then paid in 30 to 60 days15
Watch out for: Exclusive by default, and every deal it lists is exclusive with no end date.16,17
Everyone else we reviewed
By score, with full reviews. We have no referral agreement with these companies, so we do not link out to them.
Mercor
Names real estate and lists listings and inspection reports, two documents in every residential deal file.4
Watch out for: It confirmed a cyberattack in 2026, and class actions followed.21,22
Nyne AI
Has advertised for old real estate deal files and buys Salesforce and HubSpot data, though its 20 W-2 employee rule may not count contractor agents.3,23,6
- $100K or more, Nyne says24
Watch out for: Pays only after the dataset is accepted, and publishes no timeline.25
Who wants this
Do buyers want residential real estate brokerages?
No buyer publishes prices by industry, but their own intake forms show which industries they rate higher.
- Troveo puts real estate or property in its second of four demand tiers: "Your industry carries above-average buyer demand."26
- Polyshares takes real estate and property management, without marking it premium.27
- VMS, a broker, gives real estate or property management standard weight when it estimates value.28
Which buyers take a brokerage your size
Shown for 20 staff, a typical brokerage. Ask whether contractors and part-time staff count.
micro1
Polyshares
No headcount rule; the length and texture of the record matter more31
Mode
20+ full-time US office staff (accounting firms 10+, law firms 6+)32
Pewter
20+ staff and 3+ years; by industry, from 10+ (healthcare) to 50+ (manufacturing, finance)33,34,35
Grepped
No headcount minimum stated36
Ventra
30+ US employees and 3+ years of records37
Mercor
None stated38
Troveo
No minimum stated; its estimator starts at 2039
Nyne
20+ US W-2 employees and 3+ years6
Endless
Roughly 30+ employees40
Supersoniq
50+ employees and 5+ years41
What buyers value
What in a brokerage's records buyers value
What buyers look for in your records, and what to talk through with your buyer before anything leaves your systems.
| Data | Where it lives | Why a buyer values it | Raise with the buyer |
|---|---|---|---|
| Offer and counteroffer packages | Transaction platform, email | Terms proposed, countered and accepted, with the reasoning agents wrote to each other. | Buyer and seller names, financing details and personal letters. |
| Inspection responses and repair negotiations | Inspection reports, email, addenda | A technical report turned into a negotiation, item by item, with the outcome. | Property addresses and photos of the inside of homes. |
| Transaction coordinator checklists | Dotloop, SkySlope, TC software | Deadlines and tasks for every deal, the repeated workflow behind each closing. | Nothing specific |
| Lead follow-up history | Follow Up Boss, kvCORE, Lofty | Years of conversations that did and did not become clients. | Consumer contact details and agents' personal lead lists. |
| Agent onboarding and scripts | Shared drive, LMS | How the brokerage trains new agents to price, list and negotiate, written by the brokerage. | Nothing specific |
A week of records
A week of data at a brokerage
- Monday: three offers on one listing, with a summary sent to the sellers comparing terms.
- Tuesday: an inspection response with twelve repair requests and a seller counter by evening.
- Wednesday: an appraisal comes in low and the agents trade emails on splitting the gap.
- Thursday: the TC's checklist flags a missed HOA document, chased and received.
- Friday: two files reviewed for compliance, one sent back for a missing disclosure.
Process
How it works with each buyer
In each buyer's own words. Where a buyer publishes nothing, we say so.
Polyshares
Mercor
Selling or closing
Selling or closing your brokerage? License its data first
When a residential brokerage joins a franchise, merges or is sold, the deal usually centres on agents and market share. The closed-deal files and training material are a different set of records from the agent roster. Ask each licensing company which files it would treat as the brokerage's, and whether a license can be completed before any change of ownership.3,4
FAQ
Residential real estate brokerages: questions, answered
Volume of short, high-stakes negotiations with consumers. Mercor names listings and inspection reports, and both are in every residential file. Commercial brokerage, by contrast, revolves around leases and longer deal cycles.4
It is one of the cleanest items. micro1 says it looks for well defined workflows employees execute repeatedly, and a TC checklist is exactly that, with little client detail once deal names are removed.49
Every business is different, so this one is best talked through with the buyer you're working with. Their team goes over it with you before anything is signed.
Every business is different, so this one is best talked through with the buyer you're working with. Their team goes over it with you before anything is signed.
Before you sign
Questions to talk through with your buyer
Every business is different, so these are best talked through with the buyer you're working with. Their team goes over them with you before anything is signed.
Questions for this kind of business
- Which files belong to the brokerage and which to individual agents?
- How is MLS-sourced content excluded from listings and CMAs?
- How are consumer names, financial details and home photos removed?
- Who owns this data: the company, an estate, or someone else?
- How do CCPA, GDPR, UK GDPR and state privacy laws apply, and is de-identified data still personal information?
- Do customer, vendor or platform contracts, NDAs or API terms restrict this?
Questions for any buyer
- Is the license exclusive, and for how long?
- Can you sublicense the data, and to whom?
- Which AI labs will receive it, and will you tell us?
- How long do you keep it, and how is it deleted?
- What is your liability cap, and who indemnifies whom?
- Will the contract ban re-identification of people in the data?
- Who removes personal data, by what method, and do we approve it first?