This company provides end-to-end presale renovation management services for real estate listings. They offer local project directors to scope, manage, and execute necessary upgrades to maximize property value before sale. Financing options allow homeowners to defer all renovation costs until the closing of the home sale.
Funding
$47.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many homeowners lack the capital to invest in pre-sale renovations that could significantly increase their property value and sale price. This financial barrier prevents them from maximizing their return on investment when selling their homes.
Solution
Freemodel provides upfront funding and manages pre-sale home renovations, enabling homeowners to enhance their property's market value without any initial out-of-pocket expenses. The company employs local project directors who oversee the entire renovation process, from design to execution, ensuring the renovations align with local market preferences. By removing the financial and logistical hurdles associated with pre-sale renovations, Freemodel helps homeowners sell their properties faster and at higher prices. Homeowners only pay for the renovations upon the successful closing of the home sale.
Target Audience
Freemodel primarily targets homeowners looking to sell their properties and real estate agents seeking to provide added value to their clients by facilitating pre-sale renovations.
Features
- Upfront funding for pre-sale renovations, eliminating the need for homeowners to pay out-of-pocket.
- Local project directors who manage the entire renovation process, ensuring projects are tailored to local tastes and market demands.
- Design and execution of renovations aimed at maximizing property value and sale price.
- No arbitrary caps on the scope or size of renovation projects.
- Payment for renovation services is deferred until the home sale closes.