Homeshake

The first agent-free marketplace to buy or sell a home

Last Funded January 2023

$1,221,694

raised from 280 investors

Highlights

1
🎉 Customers have saved over $1M in commissions to date
2
🚀 2x Revenue growth for 3 consecutive quarters
3
📈 2x Sales volume growth for 3 consecutive quarters
4
❤️ $200k+ already invested from happy customers

Our Team


Cut out the agents and save big.

Have you ever sold a home and looked at the agent commissions only to wonder, “What exactly did I just pay for?” 

You’re not alone.

The average seller pays over $25,000 in agent commissions at the closing table. That’s real money. 

And for what?

Consumers today are doing much of the work, but still paying those exorbitant commissions once the deal is done.

It’s an outdated system that takes power out of consumers’ hands and creates unnecessary complexity.  

But here's the real kicker: It costs Americans over 100 billion dollars every year.

Homeshake is totally different.

It’s a commission-free real estate marketplace where buyers and sellers work directly without agents in the middle.

Buying or selling a home is not as hard as real estate agents want us to believe. Homeshake replaces the traditional middleman and gives people the tools and support they need to buy or sell a home with confidence.

With Homeshake, anyone can do it.

If you’re thinking, “Wait, isn’t this just For-Sale-By-Owner?” the answer is a resounding no. With FSBO, you’re completely on your own to figure everything out the hard way and you'll still wind up paying a 3% commission to the buyer’s agent.

Likewise, don't mistake Homeshake for just another discount broker. Discount brokers have been around a long time. It's the same old agent-based system repackaged for a cheaper price - lipstick on a pig. And, like FSBO, you're still on the hook for a 3% commission to the buyer's agent.

Homeshake is a new, smarter way to buy or sell a home - blending the right amount of technology with the right amount of real human expertise so people can do it themselves without having to do it all on their own.

Isn’t that the way it should be?

A lot of people assume that hiring an agent is the easy route. But the truth is, agents introduce all sorts of friction, competing interests, and unnecessary complexity.

  • With Homeshake you talk directly to the buyer or seller to schedule a tour when it's convenient for YOU.
  • With Homeshake you can make an offer in minutes by spelling out the 5 key deal points that cover the basics and get the ball rolling. 
  • With Homeshake buyers and sellers are free to focus on a win-win deal without questioning ulterior motives of third-parties. 

Homeshake Is a Marketplace

Homeshake is an online marketplace where sellers can list and buyers can search for their next home.

Homes can be found on the Homeshake marketplace as well as Zillow for maximum reach.

Sellers can list their home on Homeshake in a matter of minutes, plus get additional exposure through done-for-you:

  • Digital ads
  • Search ads
  • Social media posts
  • Mailers
  • Yard signs
  • and more!

The best part? 

No listing contracts. No up-front costs.

Homeshake is More than a Marketplace

Homeshake makes communication super easy. Everything from direct messaging between buyers and sellers to scheduling in-person or virtual tours to making an offer all happen inside the app.

Beyond the convenience, we’ve found that wonderful things can happen when you remove the middleman and people start talking.

Buyers and sellers become more human. They get to meet, and better understand one another’s priorities. All of the sudden, aligning around the key terms of the deal gets a lot easier. Often things fall into place with less friction.

Plus, who can sell your house better than you? You know everything about it - the stories, the charm, and the hidden gems.

Homeshake Simplifies the Process From Start to Finish

Buying or selling a house isn’t as hard as you might think. But it’s still a big deal. There are certain steps you can’t skip and important moments that can’t be overlooked.

The Homeshake app keeps everything organized and in one place. From initial contact to final closing, each step is laid out for you in a clear, intuitive timeline.

Forms are digital so no last minute scrambling to find a fax machine. Whatever you need is all right there. Get it done, and get on with your day.

Is it still work on your shoulders?  Yes.  But Homeshake customers find that it's not much more work than they were already going to have to take on by hiring an agent.  And the savings you get in return are well worth it.

Get Guidance From Real Experts

You’re in control. But sometimes you have questions. Wouldn’t it be great to get advice from an expert? 

You got it.

With Homeshake you can tap into licensed professionals, including real estate attorneys, for advice whenever you need it.

These experts aren’t commission-based, so you can trust they have your best interest in mind and that you’ll show up to the closing with all the I's dotted and T’s crossed.

A Better Deal For Everyone

Typically, agents are going to split a 6% commission once the deal is done. That can add up to tens of thousands of dollars.

Think about what else you could do with that money. College tuition. A new car. A hot tub time machine!

With Homeshake you only pay a 1% Success fee.  That’s a huge difference:

You read that right. If you sold your home for $500k you’d only pay $5k in fees on Homeshake compared to $30,000 in agent commissions.

Homeshake Is Already A Hit

The growth over the past two years has been exciting. Not only has Homeshake saved customers over 1 million dollars in agent commissions, but the response has been overwhelmingly positive.

“This is the way it should be. We saved more than $25k selling through Homeshake.” -Leonard P.

“We discovered that buying a home doesn't have to be so complicated! We recommend Homeshake to all of our family and friends.” -Matt L.

"Our experience with Homeshake was stellar from start to finish. If we ever buy again, we hope it will be through Homeshake!” -Ivy B.

And the most telling review of all? Homeshake customers have invested over $200k of their own money into the business.

When customers become investors you're doing something right.

Homeshake Has Major Growth Potential

Serviceable Obtainable Market: Currently Homeshake is live in Cincinnati, OH where there’s an average of 25k homes sold every year. At an average fee of $6k per transaction that makes the SOM approximately $150M.

Serviceable Available Market: Given that Homeshake is a licensed broker in the state of OH, the natural next step is to expand state-wide. There are approximately 150k homes bought/sold every year in Ohio bringing the SAM to roughly $900M.

Total Addressable Market: There are approximately 6M homes sold in the US every year. The nation-wide opportunity for Homeshake grows exponentially to an estimated TAM of $36B!

Homeshake has big plans.  

But when you're playing in the single largest industry in the US economy, even capturing modest market share is a home run.

Let's say Homeshake reaches 3% market share - meaning 3 out of every 100 people decide to buy/sell their home on our marketplace.  In that scenario, Homeshake would be generating just over $1B in annual revenue.

Wefunder Raise At-A-Glance:

  • Target Raise: Homeshake has already successfully raised funds from friends, family, customers, and partners. Now we’re excited to open the opportunity through Wefunder as we raise $1.5M based on a $12M valuation.
  • Runway: Once fully funded, this round will pour fuel on an already growing top line. Sales volume and revenue have doubled for the past 3 quarters. This Wefunder raise will provide a runway of 18 months to continue that growth.
  • Key Priorities: There are 3 main areas of focus. First, we will hire top talent in areas like marketing, technology, and operations. Second, we will expand geographically to strategic markets in Ohio and Kentucky. Third, we will accelerate product development for next level mobile application and user experience.

Our Founders

Through their decades of real estate experience, Homeshake’s founding team knew there was a better, simpler, and friendlier way to buy and sell homes.

Nearly every other industry has benefitted from new technologies and peer-to-peer business models while the residential real estate industry has remained largely unchanged.

Homeshake was launched in 2020 to give homebuyers and sellers the experience they expect in a rapidly evolving world.

CUSTOMER REVIEWS

Homeshake customers aren't afraid to share the love.  We currently have 100% â­ď¸â­ď¸â­ď¸â­ď¸â­ď¸ Reviews on Google.  Don't believe us?  Click here to see for yourself.  We double-dog dare you.


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