Knock Home Swap™ Expands to 25 Markets; Now Available Throughout Southern California from Santa Barbara to San Diego
Consumers and real estate professionals alike love the security, convenience, and cost savings that the Knock Home Swap offers
“Knock was founded with the belief that if we could remove the stress and uncertainty surrounding the process, people would buy and sell homes freely,” said Knock, Co-Founder and CEO Sean Black. “Today, five years later, homeowners have more options than ever to sell a home. Only the Home Swap, however, offers the opportunity to make an unconditional offer to win your dream home and move in before you buy a home Top set sale terms for the maximum sale price. Consumers and real estate professionals love the security, convenience, and cost savings that the Knock Home Swap provides, which fuels our rapid growth. In less than eight months, we have more than tripled our market coverage. “
Knock has partnered with more than half a dozen brokerage firms to bring the home swap Southern Californiaincluding the agency; Berkshire Hathaway HomeServices Perrie Mundy and California Realty; Keller Williams Realty Anaheim Hills /Yorba Linda, N. Tustin and Brea Fullerton;; HomeSmart Evergreen; Realty One Group West; Seven Gables Real Estate and Century 21 Award.
“In the midst of coronavirus and an extremely low inventory real estate market, many sellers fear the prospect of selling their home and not finding a suitable replacement home in time,” he said Dave Corey, Managing Broker of Berkshire Hathaway HomeServices Perrie Mundy Realty Group and California Realty. “Knock has created a solution to this problem with a platform that enables our property sellers to offer their customers more security and even more purchasing power when they sell and buy a home at the same time. We are delighted to be able to offer this unique proposition to us see it as an important part of our strategy to offer our customers innovative solutions. “
“The Knock Home Swap program is an innovative, yet conservative way to make the home buying process easier with much less stress,” he said Colleen Rogers, Operations Manager at Keller Williams Realty Anaheim Hills /Yorba LindaN. Tustin. “The Home Swap reduces the need to stick to contingencies and the very stressful schedule of selling your current home and closing your new home while you have a smooth experience through this program. We are excited to be working with Knock, to ensure this. ” Sellers with a real competitive advantage. “
The Knock Home Swap includes a fully integrated mortgage at competitive rates as well as up to $ 250,000 in an interest-free bridging loan to cover the down payment for the new house in addition to house preparation and up to six month mortgage payments for the old house.
With the Home Swap, consumers instantly take ownership and begin earning equity in their new home avoiding the hassle of living through repairs and demonstrations. As part of its Home Prep Concierge, Knock provides access to its network of approved contractors and manages payment of all bills after the client completes the work. In addition, Knock offers a backup offer for the old house in the unlikely event that it isn’t sold within six months. Ninety percent of Knock Homes sell in 90 days or less.
In addition to the eight markets throughout Southern Californiathe Knock Home Swap is available in Atlanta;; Austin, Texas;; Charlotte, NC;; Colorado Springs, Colorado.;; Dallas-Fort Worth;; Denver;; Fort Lauderdale, Fla.;; Houston;; Jacksonville, Fla.;; Miami;; Orlando, Fla.;; Phoenix;; Raleigh, NC;; San Antonio;; Tampa, Fla.;; Tucson, Ariz. and West Palm Beach, Fla. through more than 120 real estate agents with nearly 70,000 agents. Knock plans to offer the home swap in 75 markets by 2023.
Knock’s mission is to empower people to move around freely. The Knock Home Swap ™ makes it easy for consumers to buy their new dream home before they sell their old one, get through repairs and demos, pay just one mortgage at a time, and get home prep coverage to keep their old home selling at the highest possible price. Knock currently offers the home swap in 25 markets across seven states and plans to nearly double the number of markets it serves in 2021 and be in 75 markets by 2023.
Knock was launched in 2015 by founding members of Trulia.com and has more than collected $ 600 million in debt and equity from world-class investors including RRE Ventures, Foundry Group, Redpoint, Greycroft, Corazon Capital, Correlation Ventures, Great Oaks Venture Capital, and FJ Labs.
About Berkshire Hathaway HomeServices Perrie Mundy Realty Group and California Realty
Berkshire Hathaway HomeServices The Perrie Mundy Realty Group and California Realty have 4 offices and over 320 agents in the Southern California Inland Empire. With sales of over $ 435 million In 2020 and over 1,000 pages closed, BHHS Perrie Mundy Realty Group and California Realty have grown over 300% in the last 2 years and enjoy the # 1 market share in the luxury market in Redlands, CA. where its headquarters are located.
About Keller Williams Realty Anaheim Hills /Yorba Linda, N. Tustin and Brea Fullerton
Keller Williams Realty Anaheim Hills /Yorba Linda, N. Tustin and Brea Fullerton are among the top manufacturing companies in Southern California. The organization’s 700+ representatives provide a full range of residential and commercial real estate services to clients across the region, including orange, The angel and River bank Counties.
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