Provides a real estate platform that eliminates traditional listing commissions by offering sellers customizable compensation models, including 0% commission when the platform represents the buyer. Buyers benefit from up to 1% cashback on purchases, online access to property disclosures, and tools to tour, make offers, and manage transactions digitally, streamlining the buying and selling process.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional real estate transactions involve high commission fees for both buyers and sellers, reducing potential savings and profits. Buyers often lack easy access to property information and efficient tools for managing the buying process.
Solution
Doorlight is a real estate platform designed to streamline the buying and selling process while minimizing costs. Sellers can choose from various compensation models, including a 0% listing commission option when Doorlight represents the buyer. Buyers benefit from cashback rewards on purchases and have online access to property disclosures. The platform provides tools for property tours, offer submissions, and digital transaction management, creating a more transparent and cost-effective real estate experience.
Target Audience
Doorlight primarily targets home buyers and sellers in the Bay Area seeking cost-effective and streamlined real estate transactions.
Features
- Customizable commission models for sellers, including a 0% listing commission option
- Cashback rewards for buyers, providing a percentage of the broker fee
- Online access to property disclosures and reports
- Digital tools for writing offers and negotiating online
- Secure portal for managing real estate transactions
- Premier Property Match service to uncover off-market properties
- Market Whisper service to gauge potential interest in a property before listing