HomeLight – Making Real Estate Transaction Simple, Certain, and Satisfying

The Silicon Review

HomeLight is building the future of real estate — today. It is the essential technology platform used by hundreds of thousands of homebuyers and sellers to partner with top real estate agents and win at any step of the real estate journey — whether that's finding a top agent, securing a competitive mortgage, or ensuring on-time, easy close. The best real estate agents rely on HomeLight’s platform to deliver better outcomes to homebuyers and sellers during every step of the real estate journey, whether that's enabling an all-cash offer, unlocking liquidity of their existing home to buy a new one, or creating certainty through a modern closing process. Each year, HomeLight facilitates billions of dollars of residential real estate business on its platform for thousands of agents.

Founded in 2012, HomeLight is a privately held company with offices in Scottsdale, San Francisco, New York, and Seattle, with backing from prominent investors including Zeev Ventures, Menlo Ventures, Group 11, Crosslink Capital, Bullpen Capital, Montage Ventures, Citi Ventures, Google Ventures, and others.

Leveraging Best-in-Class Real Estate Technology Platform

Home Buying and Selling Agents: HomeLight helps top agents make every transaction simple, certain, and satisfying. They've developed the most innovative solutions in proptech so you can be a hero for your clients, no matter what hurdles they may face. HomeLight gives top real estate agents a platform to showcase their skills and experience. They do the backend work to match you with high-quality referrals so you can focus on what you do best: closing deals. HomeLight’s matching algorithm makes it easy to find top dollar real estate agents. The company account for factors like the real estate agent's sale to list price ratio and how that maps to local price trends so that you can find top real estate agents who will put more cash in your wallet when you close.

HomeLight Trade-In^TM: The company will work with your real estate agent to make an offer on your current home. That's the price they'll pay you for your current home as soon as you're ready to move into your new home. When you’ve found the home of your dreams, you’ll be ready to make an offer with no lending or home sale contingency. This means you’re more likely to close and can do so on your own timeline. Once your offer is accepted, everything comes together in days, not months. They buy your home at the purchase price so you get the cash to close on your dream home and control when you move. They work with your agent to list your past home. If your home sells for more than the price HomeLight paid for it, the company will give you the additional cash minus selling costs and program fees.

Home Value Estimator: Most home value algorithms don’t know the little things that make your home different. That’s where you come in. Pair your answers to a few questions with housing market data from multiple trusted sources and they can predict your home’s current value with far greater accuracy. Get all the important parts of a comparative market analysis, throw in a list of the top local real estate agents who are proven to sell homes like yours for more money, and back it all up with your home’s Simple Sale™ price – typically 90-95% of your home’s full market value, if you’d rather skip the listing process entirely.

Commission Calculator: Using real estate transaction data from thousands of home sales each year, you can see how the average real estate agent commission in your area has changed over time and get an idea for how much it costs to hire a top real estate agent to sell your home. Enter your address to see how much your home is worth, and then use the latest commission data for your area to estimate what you'd pay your real estate agent if you sold. Use their calculator to estimate the cost of selling your home and the net proceeds you could earn from the sale. For homeowners who value simplicity, speed, and certainty, they’ve created Simple Sale—a new way to sell your home directly to their network of pre-approved cash buyers—all on your timeline.

The Visionary Leader Upfront

Drew Uher is the Founder and Chief Executive Officer of HomeLight. He has been named one of the 100 Most Influential Leaders in Real Estate by Inman News and was recognized as a Tech Trendsetter in 2019 by HousingWire. Under his leadership, HomeLight has been recognized as one of the fastest growing companies in North America by Deloitte, one of America's Best Startups by Forbes, and a best place to work by both Inc. Magazine and the San Francisco Business Times.

Prior to founding HomeLight, Drew co-founded Gameyola, a distribution and monetization platform for casual Flash games. He is a Venture Partner at 1984 Ventures, focusing on seed and early stage startups, and holds a BA in Management Information Systems from Texas A&M University, as well as an MBA from the Stanford Graduate School of Business.