I owned a Traeger for years, gave it to my daughter and upgraded to a very expensive Memphis Grill. It's a nice unit which I love for jerky, long smokes etc., and it will sear too, but it's kind of a pain re-configuring it to do so.
I wanted something to add to the collection, which would be usable to easily sear and hit high temps, and somewhat portable too so I could throw it in the trailer and use it away from home, but I wasn't interested in a tiny "tailgater" type unit.
So I got looking around and found the Rec-Tec Bullseye:
https://www.rectecgrills.com/bullseye-rt-b380-wood-pellet-grill/
It's really designed as a full size grill, but it's lightweight, and has a fairly small footprint so it is pretty easily transported. It gets as hot as you would ever want it to, (much hotter than a Traeger, up to 600* - you won't need searing plates to get a good sear) and will go low temp for "low and slow" cooking. The only downside is that it doesn't have a algorithm type controller to keep a certain temperature that you set. So you have to learn where on the dial gets you to a particular temperature, which can change depending on ambient temps, so if you're primary use is low and slow, jerky etc. under a wide variety of ambient temps, it probably wouldn't be the best choice. But it lights and heats up very quickly, and turns out great food. So far for me it's been solid. (about a year now and I probably use it at least once a week average).
I haven't really used it for low temp stuff since I have the Memphis for that, so I view it as my "charcoal/gas bbq grill", but with the advantage of super easy fuel and killer smoke flavor.
I actually use it far more than I do the expensive unit. And they sell for $399 shipped. After owning it for a year, I'd buy another in a heartbeat and to me it's worth far more than the asking price.
Hope that helps...