Reali

About Reali

Reali was a real estate and fintech platform that facilitated home transactions by allowing users to buy a new home before selling their current one, thereby reducing the financial burden of dual mortgage payments. The company aimed to simplify the homeownership process in California, making it more affordable and less stressful for buyers and sellers.

<problem> The traditional process of buying a new home while simultaneously selling an existing one often creates a significant financial burden for homeowners due to the need to manage dual mortgage payments. This complexity can make homeownership less accessible and more stressful, particularly in competitive real estate markets. </problem> <solution> Reali aimed to streamline the home buying and selling experience by enabling users to purchase a new home before selling their current one. This approach sought to alleviate the financial strain associated with managing two mortgages concurrently. By providing a platform that facilitated a more seamless transition between homes, Reali aimed to make the homeownership process more affordable and less stressful for individuals in California. </solution> <features> - Platform to facilitate buying a new home before selling the existing one. - Services aimed at reducing the financial burden of dual mortgage payments. - Streamlined process for home transactions. </features> <target_audience> The primary target audience was homeowners in California looking to buy a new home while selling their current one, seeking to minimize financial stress and simplify the overall transaction. </target_audience>

What does Reali do?

Reali was a real estate and fintech platform that facilitated home transactions by allowing users to buy a new home before selling their current one, thereby reducing the financial burden of dual mortgage payments. The company aimed to simplify the homeownership process in California, making it more affordable and less stressful for buyers and sellers.

Where is Reali located?

Reali is based in San Mateo, Philippines.

When was Reali founded?

Reali was founded in 2016.

How much funding has Reali raised?

Reali has raised $75.0M.

Location
San Mateo, Philippines
Founded
2016
Funding
$75.0M
Employees
228 employees
Investors
Zeev VenturesAlsop Louie PartnersSodena

Reali

10
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

Reali was a real estate and fintech platform that facilitated home transactions by allowing users to buy a new home before selling their current one, thereby reducing the financial burden of dual mortgage payments. The company aimed to simplify the homeownership process in California, making it more affordable and less stressful for buyers and sellers.

reali.com5K+
Founded 2016San Mateo, Philippines

Funding

No specific funding rounds found.

Total Funding

$75.0M

Backed by

Alsop Louie PartnersSodenaZeev Ventures

Team (100+)

No team information available.

Company Description

Problem

The traditional process of buying a new home while simultaneously selling an existing one often creates a significant financial burden for homeowners due to the need to manage dual mortgage payments. This complexity can make homeownership less accessible and more stressful, particularly in competitive real estate markets.

Solution

Reali aimed to streamline the home buying and selling experience by enabling users to purchase a new home before selling their current one. This approach sought to alleviate the financial strain associated with managing two mortgages concurrently. By providing a platform that facilitated a more seamless transition between homes, Reali aimed to make the homeownership process more affordable and less stressful for individuals in California.

Features

Platform to facilitate buying a new home before selling the existing one.

Services aimed at reducing the financial burden of dual mortgage payments.

Streamlined process for home transactions.

Target Audience

The primary target audience was homeowners in California looking to buy a new home while selling their current one, seeking to minimize financial stress and simplify the overall transaction.

Sources:

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