Win more clients. Close more deals.
We're proud to introduce a unique collaboration between HomeLight, a leader in real estate technology, and New Venture Escrow, your trusted tech-forward escrow partner.
This partnership is exclusively for our California agents, offering privileged access to HomeLight’s innovative tools. These tools are designed to enhance your business, strengthen client relationships, and streamline transactions. Discover below how this exclusive collaboration can benefit your real estate practice.
Buy Before You Sell®
Help your clients move into their new home now and get full market value for their old home. You’ll represent them on both transactions.
How does it work?
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Step 1: Get the client's current property approved
Discover the amount of equity they're able to unlock from their current home.
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Step 2: Make a strong offer on their new home
With the equity unlock, your clients are able to make a stronger offer on their new home, with no home sale contingency.
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Step 3: Your clients can move in on their schedule
They’re able to move in immediately upon closing. You have:
- 10 days to list their prior home on the open market.
- 90 days to get their prior home under contract. -
Step 4: Maximize the home's sales price on the open market
You list the home vacant and are able to maximize its sales price. Once the home sells:
- You get paid!
- HomeLight collects the program fee & reimbursement for the unlocked equity
-
Step 1: Get the client's current property approved
- Discover the amount of equity they're able to unlock from their current home.
-
Step 2: Make a strong offer on their new home
- With the equity unlock, your clients are able to make a stronger offer on their new home, with no home sale contingency.
-
Step 3: Your clients can move in on their schedule
They’re able to move in immediately upon closing. You have:
- 10 days to list their prior home on the open market
- 90 days to get their prior home under contract
-
Step 4: Maximize the home's sales price on the open market
You list the home vacant and are able to maximize its sales price. Once the home sells:
- You get paid!
- HomeLight collects the program fee & reimbursement for the unlocked equity
Why choose Buy Before You Sell®?
Allows for the purchase of the future home BEFORE they sell their current home.
Remove the home-sale contingency on the home.
Tap into the current home's equity for a down payment.
Gives your clients mortgage payment coverage so there's no double mortgage stress.
FAQ's
Its’ free to get started and see how much equity your client can unlock. If your client chooses to transact using the program, the fee is 2.4% of the final sale price of the current home. Minimums apply if the final sale price is less than $375,000.
HomeLight’s Backup Offer is determined by the Loan Payoff Value, which is the client’s outstanding mortgage balance combined with the Equity Unlock funds utilized by the borrower.
If the client’s current home isn’t sold within 120 days of purchasing their new home, HomeLight will step in to buy it. The client will receive 100% of the net profits, less our program fee and any additional costs (taxes, insurance, etc.) incurring during HomeLight’s ownership, after it sells on the market.
There is no catch! Your clients are paying to use the program, but there are real savings and gains created from the program.