It’s just about making the experience better and faster than all the rest. The Knock algorithms show that Dallas homes priced $500,000 and under have the potential to save 3.79 percent off the listing price, so by making a non-contingent offer on the customer’s behalf, Knock provides an opportunity for its homebuyers to maximize on these potential savings. ĭallas has been a unique market, according to Knock, because home prices are up 5.2 percent year-over-year, with an increased demand from out-of-state buyers attracted to the job market and relatively low cost of living. Knock launched in Dallas in July, and has since seen its most successful month yet. Knock acknowledges that Redfin, a real estate brokerage that uses tech to help people buy and sell homes, is an innovator in the space, but says that the newly hired agents migrated to Knock because they see it as “the next wave in real estate innovation.” “The next wave in real estate innovation.” But, since coming to Texas, Knock says its had its best month to-date - picking up four locally licensed experts, two of whom are the former top-performing Redfin agents, and opening a second space in Plano. In July, Atlanta-founded Knock launched in the Dallas-Fort Worth region with an industrious office, making it the fifth city it’s expanded to. The system is based on buying and selling with certainty, convenience, and cost-effectiveness - which Knock thinks will essentially create a world where consumers can trade in their home as easily as they trade in their car.Īnd the market appears to be picking up on it.
The residential real estate startup says its first-ever Home Trade-In platform offers a painless process of a seamless swap: They’ll buy your new house and allow you to move in, before ever even listing your old one.
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Buying and selling a home can sometimes be a stressful, grueling ordeal full of hassles with repairs, listings, showings, and months of uncertainty.
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