E-Real Estate Homie 9/13

E-Real Estate Homie 9/13


Categories: Commercial Real Estate, Finance, Real Estate
Headquarters Regions : Western US
Founded Date : 2015
Founders : Johnny Hanna, Matt Thorne, Mike Peregrina, Mike Trionfo
Operating Status : Active
Funding Status : Seed
Last Funding Type : Seed
Number of Employees : 11-50

The new way
In early 2015, we came together to build a technology company that automates and streamlines real estate transactions. This much-needed option helps buyers and sellers handle much of the transaction online, provides experts when you need them, and keeps fees affordable. Since we launched, the Homie team has grown to over 75 people who all share the same passion for transforming home buying and selling. Homie has proven to skeptics that home buying and selling can be simple and inexpensive while making a real difference in people’s lives. Homie has become a household name in Utah and has just launched in Phoenix, AZ.

How much does Homie cost?
Sellers pay a flat fee to list, $199 at setup, and $1,299 at closing. This fee covers Homie’s listing services. Seller may pay an additional buyer agent commission if they choose to list on the MLS.

Buyers don’t pay anything. There is no cost to use Homie as a buyer and buyers can qualify for either the Homie-2-Homie deal or up to $5,000 through the Homie Buyer Refund.

Can Homie help with the paperwork?
Yes. If you want help negotiating the ins and outs of the real estate purchase contract, you’re in luck. Homie has licensed real estate attorneys and agents who will walk you through the contract and help you draft your addenda, making sure everything is worded correctly and nothing is missing.

Does Homie also handle home loans?
Homie has a sister company, Homie Loans, that is owned and operated by the same owners. Homie Loans provides some of the most competitive loans in the state. It uses technology to streamline the loan process and has an app that increases transparency into the loan process. Homie Loans loan officers are paid different than others, reducing commissions in order to save you thousands on your home loan.

Where does Homie operate?
Homie is now serving the states of Utah and Arizona. We plan to expand to other states soon.