HomeLight is an agent-matching platform and iBuyer. Show & Disclose is a free tool for FSBO sellers who want to manage their own sale. Very different approaches to selling your home.
HomeLight operates two main services: an agent-matching platform that connects sellers with top-performing real estate agents, and HomeLight Simple Sale — an iBuyer program that makes cash offers on homes. HomeLight earns referral fees from agents (typically 25-33% of the agent's commission) and profits from the spread on iBuyer purchases.
HomeLight is designed for sellers who want a traditional agent experience or a fast cash sale. It is not designed for sellers who want to manage their own listing.
| Feature | Show & Disclose | HomeLight |
|---|---|---|
| Primary Function | Showing & disclosure management | Agent matching / iBuyer |
| Cost to Seller | Free | Free (agents pay referral fees) / iBuyer takes discount |
| Agent Required? | No — seller manages directly | Yes — connects you with agents |
| Showing Management | Yes — full scheduling, confirmation, feedback | No — agent handles |
| Disclosure Management | Yes — digital sharing and tracking | No |
| Cash Offer Option | No | Yes — Simple Sale (below market value) |
| Commission Savings | Yes — no listing agent commission | No — full traditional commission (5-6%) |
| Seller Control | Complete — you manage everything | Minimal — agent handles the sale |
| Buyer Agent Communication | Yes — built-in messaging | No — agent handles |
HomeLight and Show & Disclose represent opposite approaches to selling a home. HomeLight believes sellers need a top agent to get the best price. Show & Disclose believes informed sellers can manage much of the process themselves — and save thousands in commissions by doing so.
HomeLight is free for sellers to use, but the agents they refer charge standard commissions (2.5-3% listing side). On a $500K home, that's $12,500-$15,000 in listing agent commission alone. HomeLight's Simple Sale iBuyer program typically offers 10-15% below market value for speed and convenience.
Show & Disclose is free and helps you avoid the listing agent commission entirely. Combined with a flat-fee MLS service ($200-$500), you get MLS exposure and professional showing management for a fraction of the traditional cost.
The math: On a $500K home, HomeLight connects you with an agent who charges 2.5-3% ($12,500-$15,000). Show & Disclose + a flat-fee MLS service costs under $500 total. The question is whether the agent's expertise is worth $12,000+ to you — for many sellers, the answer is no.
HomeLight is for sellers who want a traditional agent experience and are willing to pay full commission. Show & Disclose is for sellers who want to manage their own sale, keep more of their equity, and use professional tools to do it right. If you're reading comparison pages like this one, you're probably the type of seller who can handle it yourself — and save a fortune doing it.
Watch how sellers manage showings, disclosures, and buyer agents from one platform.