I see Knock as the future of home buying, “said Kristy Burchell.
“Buying a new home when you want to sell one is fraught with stress and uncertainty,” said Knock, Co-Founder and CEO Sean Black. “At Knock, we take the friction out of the process. Home Swap gives homeowners the funding to make a strong, unconditional offer on their dream home and repair their old home. By buying before selling, consumers have the convenience of being able to move on their timeline and then listing a fully prepared home on the open market at the maximum price. “
Kristy Burchell and her husband Stan recently used the Knock Home Swap to buy their new home in Arlington, Texas. The Burchell wanted to get closer Dallas, but knew that if they worked and trained their children from home, they couldn’t go through repairs and demos. Kristy looked into several alternative home selling solutions, including iBuyers, but found these were expensive.
“The home swap was the most economical choice. We had the option of moving without going through a traditional home sale and still selling our home on the open market. We could also make an unconditional offer for our new home, which was a big one The advantage was that the market is so competitive, “she said. “I see Knock as the future of home buying.”
in the JacksonvilleKnock is working with Keller Williams Atlantic Partners to enable homeowners to “trade” their current home for their dream home.
“Given the multitude of multi-offer situations we are currently seeing, it is difficult for many buyers to be competitive while trying to sell their home,” he said Margaret Sherrill, Owner / Operating Partner of Keller Williams Atlantic Partners. “The Home Swap program is a great benefit for customers in these situations. We are excited to partner with Knock and look forward to offering this program in Jacksonville. “
The Knock Home Swap offers a fully integrated mortgage at a competitive price, an interest-free bridging loan to cover the down payment for the new home, as well as mortgage payments and up to $ 25,000 for the preparation and repair of the old house.
With the Home Swap, consumers instantly take ownership and earn equity in their new home. As part of its Home Prep Concierge, Knock provides access to its approved network of contractors and manages the payment of all bills after the client’s approved work is complete. Additionally, 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.
The Knock Home Swap is available in Atlanta;; Austin, Texas;; Charlotte, NC;; Dallas-Fort Worth;; Denver;; Fort Lauderdale, Fla.;; Houston; Jacksonville, Fla .; Miami;; Orlando, Fla.;; Phoenix;; Raleigh, NC;; San Antonio;; Tampa and West Palm Beach, Fla.over 70 brokerage firms with more than 43,000 agents. Knock plans to expand to at least 21 markets by mid-2021.
Knock’s mission is to empower people to move around freely. The Knock Home Swap ™ makes it easy for consumers to buy their new home before selling their old one, skip the hassle of tires with repairs and demos, pay just one mortgage at a time, and do the home prep to cover their old one in advance House sold at the highest possible price. Knock currently offers the home swap in 15 markets in six states and plans to expand to at least 21 markets by mid-2021.
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 Keller Williams Atlantic Partners
Keller Williams Realty Atlantic Partners was founded in 2006 and is one of the top real estate groups in Northeast Florida. KWAP will close with over 650 agents and 9 office locations $ 2 billion in sales volume in 2020. KWAP covers the east coast of Florida of Amelia Island to New Smyrna Beach and has grown rapidly over the years to become one of the largest and most respected real estate companies in Northeast Florida.
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