This proptech company facilitates the buying and selling of existing residential properties, focusing on secondary market transactions. They offer services to sellers, including guaranteed purchase contracts and end-to-end renovation management to enhance property value. For buyers, the platform provides curated, renovated homes and AI-matched listings below market value, often ready for immediate occupancy or rental investment.
Funding
Funding not disclosed
Founders
Product
Problem
Selling residential properties in Bangkok through traditional methods can be a slow and uncertain process, often requiring extensive listings, negotiations, and waiting for buyer financing. This can create liquidity challenges for homeowners who need to sell their properties quickly and efficiently.
Solution
Homerun Proptech offers an AI-driven iBuyer solution that provides homeowners in Bangkok with immediate cash offers for their properties, eliminating the need for traditional listings and protracted negotiations. The company's proprietary AI technology analyzes market data to generate competitive pricing, enabling sellers to receive quick approvals and close deals within 14 days. Homerun purchases properties in their current condition, removing the burden and expense of pre-sale renovations. By streamlining the selling process, Homerun provides homeowners with a fast, convenient, and reliable way to unlock the value of their real estate assets.
Target Audience
Homerun's primary customers include homeowners in Bangkok seeking a fast and reliable way to sell their properties, as well as real estate agents and investors looking for undervalued properties with renovation potential.
Features
- AI-powered valuation model for rapid and accurate property pricing
- Expedited approval process with cash offers within 14 business days
- Purchases properties in "as-is" condition, eliminating renovation requirements
- Flexible deal structures to accommodate varying seller timelines
- Streamlined closing process for quick and efficient transactions
- Option to explore "Homerun Collection" of renovated properties for immediate move-in or rental
- "Homerun Matching" service identifies undervalued properties for renovation opportunities