Simply Homes utilizes a machine learning-powered automated underwriting platform to provide accurate, data-driven offers for outdated homes without requiring repairs or cleanup. The service addresses the affordable housing crisis by enabling homeowners to sell as-is with zero fees, ensuring a streamlined process and optimal pricing.
Funding
$24.5M 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 find it difficult and costly to sell homes that require repairs or updates through traditional real estate channels. The process often involves significant upfront investment in renovations, staging, and agent fees, creating a barrier for those seeking a quick and hassle-free sale.
Solution
Simply Homes offers a streamlined solution for homeowners to sell their properties "as-is," eliminating the need for repairs, cleaning, or staging. Their data-driven "Offer Engine" leverages market data and repair estimates to provide transparent, competitive offers, often within seconds. By removing traditional agent fees and closing costs, Simply Homes aims to provide a simpler, more cost-effective way for homeowners to sell outdated or damaged homes. The company also provides support throughout the selling process and offers flexible closing timelines to accommodate the seller's needs.
Target Audience
The primary target audience includes homeowners with outdated or damaged homes who seek a quick, hassle-free sale without incurring renovation costs or agent fees.
Features
- Instant online offers generated using a proprietary "Offer Engine"
- As-is sales, eliminating the need for pre-sale repairs or renovations
- Zero seller fees, including no agent commissions or closing costs
- Flexible closing timelines, ranging from 10 days to several months
- Dedicated advisor support throughout the entire selling process
- Data-driven offers based on market analysis and repair cost estimations