Revolutionizing Real Estate: Hyyve Launches Online Platform for Home Sellers to Find Top Listing Agents

Hyyve, a new Canadian real estate platform, connects homeowners with a network of agents who compete through a bidding system for the right to create the property's listing. This allows homeowners to compare agent proposals and choose the best one for their situation, maximizing the chance of selling their home for the highest price possible. Agents have an additional incentive to sell the home as they made an upfront deposit to the seller.

Hyyve, a new Canadian real estate platform, has launched in Toronto, marking a significant shift in how homeowners connect with real estate agents. The platform, which allows homeowners to receive upfront cash offers and choose their agent based on merit, data, performance, and value, is Canada's first real estate agent listing-bid and performance-driven platform [1].

Hyyve operates on a free model for sellers, enabling them to receive upfront cash and compare side-by-side proposals from top agents competing to earn their listing. This innovative approach puts transparency and performance at the center of the home-selling process. The platform is backed by a powerhouse advisory board, including former RE/MAX Canada President Christopher Alexander, Right at Home Realty Co-founder Howard Drukarsh, and Luxe Listings Toronto star Peter Torkan [1].

The platform's launch coincides with a strong demand for innovation in residential real estate. According to Hyyve's 2025 Home Seller Insights Survey, over half of Canadians surveyed (55%) plan to sell their homes within the next two years, with 70% of those not influenced by the ongoing Canada-U.S. trade war [1].

Hyyve aims to address the knowledge gaps in the real estate market. On average, Canadians spend less than 4 hours researching their real estate agent, compared to the time spent researching significant purchases like a new car or post-secondary education [1]. The platform's AI-powered virtual staging and secure ID verification with Stripe ensure trust for both sellers and agents.

The platform's success is underpinned by its partnership with iCommission, which allows agents to access commission advances on both signed listings and sales, empowering them to bid upfront without impacting cash flow. Hyyve also offers integrated legal, financing, renovation, inspection, moving, and insurance services through trusted partners, streamlining the entire home-selling experience [1].

Hyyve's model is a stark contrast to the traditional real estate landscape, where agents often treat listings as found business. By introducing competition and aligning interests, Hyyve empowers homeowners to sell confidently and agents to stand out in an increasingly competitive market.

References:
[1] https://finance.yahoo.com/news/hyyve-launches-canada-first-residential-120000635.html
[2] https://www.zawya.com/en/economy/north-africa/egypt-bonyan-ipo-bringing-a-new-real-estate-investment-model-to-egx-hlf51u65