A next-generation real estate brokerage firm that leverages technology to provide home buyers and sellers a superior service.
Dallas, Texas, US
Founder: Alex Doubet
Founded Date: 2015
Operating Status: Active
Funding Status: Early Stage Venture
Last Funding Type: Series A
Number of Employees: 11-50
Company Type: For Profit
Door is a real estate brokerage company that leverages technology in order to sell or buy our clients’ homes for a flat fee of $5,000 per side, paid at close.
We believe that the 6% (3% on the buy side, 3% on the sell side) traditional commission structure for selling/buying a home is a holdover from the days before the internet and is completely divorced from today’s reality. Between 90% and 95% of consumers now use internet search engines (Zillow, Trulia, etc.) to find homes. Agents are no longer the gatekeepers between sellers and buyers and there is no need to pay exorbitant commissions to sell or buy a home.
Number of Funding Rounds: 3
Total Funding Amount: $3,600,000