HomeLight powers the best real estate agents and lenders across the country to compete and win. It is building a future where every transaction is simple, certain and satisfying.
HomeLight’s financial flagship product — HomeLight Buy Before You Sell — has been the main driver of helping the company achieve that goal. In 2023, it helped thousands of agents, lenders and clients unlock equity from their home with ease, buy their dream home with confidence and sell their current home with peace of mind.
HomeLight’s Buy Before You Sell addresses a critical challenge faced by agents, lenders and potential sellers — the ability to make a new home purchase before selling their existing one, all while maximizing the market value of their property. Through Buy Before You Sell, HomeLight collaborates with agents and lenders to present a backup offer for their client’s home. Upon acceptance of this offer, the accrued equity can be directed towards an interest-free down payment loan, coverage for mortgage payments or handling transactional expenses related to the departing residence — all prior to the actual sale of their home.
This unique approach grants the agent or lender a 90-day window to successfully sell their client’s home on the market before HomeLight’s backup offer comes into play. This innovative product launch empowers HomeLight agents and lenders to effectively compete and emerge victorious for their clients in the face of a challenging real estate market.
Real Estate Sales