Houwzer operates a real estate brokerage that utilizes proprietary software and in-house title services to streamline transactions and reduce complexity for buyers and sellers. By charging only 1% in agent commissions, Houwzer saves clients an average of $12,000 compared to traditional brokerages, addressing the high costs associated with real estate transactions.
Funding
$18M 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.
EPFounders
Product
Problem
Traditional real estate brokerages often charge high commission fees, creating a significant financial burden for both buyers and sellers. The complexity of real estate transactions can also be overwhelming, requiring extensive coordination between agents, title companies, and other parties.
Solution
Houwzer is a real estate brokerage that streamlines the buying and selling process through proprietary software and integrated title services. By charging a 1% commission fee for both buyer and seller agents, Houwzer significantly reduces transaction costs compared to traditional brokerages. The company's full-time, licensed agents leverage technology to provide efficient service, while in-house title services ensure seamless integration and reduced complexity throughout the transaction. This approach saves clients an average of $12,000 on a typical home sale.
Target Audience
Houwzer targets home buyers and sellers seeking to reduce commission costs and simplify the real estate transaction process.
Features
- 1% commission for seller agents, significantly lower than traditional 2-3% fees
- 1% commission for buyer agents, with potential rebates if the seller's offer exceeds this amount
- In-house title services for streamlined and integrated transactions
- Proprietary software to organize and manage the buying/selling process
- Full-time, licensed agents with experience in negotiation
- Availability seven days a week
- Unlimited private showings