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What is Knock?

Knock has launched a groundbreaking bridge loan that enables homeowners to secure their next property before completing the sale of their current home. This initiative allows individuals to access up to $500,000 in equity from their existing residence, which can be allocated for various needs like down payments, renovations, moving expenses, or debt consolidation. Notably, this loan is interest-free for a period of up to six months, offering borrowers added financial flexibility during their transition phase. By not factoring in the existing mortgage when calculating the new mortgage, buyers can make more appealing, non-contingent offers, significantly increasing their chances of success in competitive real estate markets. Furthermore, Knock provides up to $35,000 to assist with home preparations, ensuring that properties are optimally positioned for sale. In the event that the home does not sell within the six-month period, Knock guarantees a purchase offer, providing sellers with the assurance of a fixed sale price. The company collaborates closely with real estate agents and lenders to simplify the entire process, aiming to make the transition between homes as hassle-free as possible. This holistic strategy not only mitigates the anxiety associated with moving but also empowers homeowners to make informed and confident choices regarding their real estate endeavors, ultimately enhancing their overall experience in the housing market. Additionally, this innovative approach signifies a transformative shift in how homeowners can navigate the complexities of buying and selling properties simultaneously.

What is HomeLight?

HomeLight operates as a comprehensive real estate platform designed to streamline the home buying and selling experience by connecting clients with elite agents and offering innovative services. By leveraging a sophisticated agent-matching algorithm that analyzes over 27 million transactions, HomeLight pairs users with agents who meet their individual needs, factoring in aspects such as sales success, client reviews, and local market knowledge. For sellers looking for a quick transaction, HomeLight's Simple Sale feature provides a straightforward, all-cash offer, allowing them to skip the traditional listing route and finalize the deal according to their timeline. Moreover, it enables clients to purchase a new home before selling their current one, thus sidestepping the issues that come with contingent offers and facilitating a smoother transition. In addition, HomeLight Listing Management (HLM) offers real estate professionals a powerful suite of tools to manage, market, and close listings more effectively, including digital packages with listing details and insights into buyer interest. This well-rounded strategy not only makes real estate transactions easier but also equips both clients and agents with the tools needed to navigate the market with increased confidence and efficiency. Ultimately, HomeLight's commitment to innovation and client satisfaction sets it apart in the competitive real estate landscape.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Knock

Date Founded

2015

Company Location

United States

Company Website

www.knock.com

Company Facts

Organization Name

HomeLight

Company Location

United States

Company Website

www.homelight.com

Categories and Features

Categories and Features

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