BoostUp helps real estate brokerages, agents and lenders crowdfund their way into first-time homebuyers' hearts

  • BoostUp is a savings platform that allows homebuyers to crowdsource their down payment from friends and family and stack additional money from real estate brokerages, agents and lenders in the form of rebates.
  • Agents pay $199 for each deal they close. Brokers pay the same fee, while lenders pay a lead fee.
  • It's free for consumers, who state a savings goal and get a dashboard that shows their progress.

Southern California real estate agent Yvette Thomas is offering a $750 rebate to homebuyers who work with her. The offer comes through crowdfunding startup BoostUp, a savings platform that allows homebuyers to crowdsource their down payment from friends and family and stack additional money from real estate brokerages, agents and lenders in the form of rebates.