Knock and HomeLight CEOS are witnessing a sea change as the market shifts, but they said that doesn’t necessarily mean buyer and seller appetites for cash offers will change anytime soon. Continue reading
Mortgage, proptech, investment and property management companies ranked high among Inc.’s annual list of the fastest growing U.S. companies, including names like Orchard and Ribbon. Continue reading
While funding may be scarce for real estate startups, Power Buyers Knock and HomeLight CEOs Sean Black and Drew Uher said at Inman Connect, that they aren’t having trouble securing capital. Continue reading
After expanding into eight new states and more than doubling its market footprint this year, the Power Buyer is laying off 136 employees in search of an “achievable path to profitability.” Continue reading
HomeLight announced on June 29 that it planned to cut an unspecified number of jobs. Uher is confident in Power Buying and shares his views ahead of Inman Connect Las Vegas. Continue reading
The layoffs come after a rapid expansion into new markets including Texas, Colorado and Idaho following a $150 million Series C funding round. Continue reading
Already in 17 markets, the alternative sales platform secured $10 million in a Series A round led by M13 and Homebrew. It’s the second flat-fee or discount service to earn financing this month, joining HomeLight. Continue reading
The company announced job cuts Wednesday, saying it needed to focus on growing in a “sustainable way.” Numerous other companies have also cut jobs as the housing market shifts. Continue reading
Scottsdale, Arizona-based HomeLight announced that its all-stock deal raises the company’s valuation to $1.7 billion and makes it the largest “agent-focused” cash offer program in the U.S. Continue reading
Guild’s CashPass program is available for primary residences, second homes or investment properties, with down payments depending on occupancy. Continue reading