SEATTLE--(BUSINESS WIRE)--Flyhomes, creator of the world’s best home buying and selling experience, has announced that its innovative home buying and selling products will soon be available to lenders and brokers nationwide. The channel will feature a phased rollout, starting today with the launch of the Flyhomes Guaranteed Backup Contract, a ‘buy before you sell’ solution. Future launches will include a comprehensive suite of lending solutions for third party originators and their homebuyers, offered through Flyhomes and Flyhomes’ affiliate lender, Flyhomes Mortgage. The channel will be led by Eric Meadow, who recently joined Flyhomes as the new VP of Partnerships following the acquisition of assets from Meadow’s previous company, Home Sale Assured.
“The mission for all of us in real estate is to make buying and selling a home easier, less stressful, and less costly,” said Tushar Garg, co-founder and CEO at Flyhomes. “Since Flyhomes launched, we’ve revolutionized how consumers buy and sell homes. Now we’re thrilled to announce that the proprietary products and services we built to help our clients close on more than $6 billion worth of homes will also be available to lenders and brokers across the country. There are amazing real estate professionals out there doing incredible work, but it takes resources and innovative financial tools to deliver an exceptional client experience in the face of current market challenges.”
“Our more than 6,000 brokerage transactions and average star rating of 4.71/5 from 1,000+ customer reviews, across Google, Yelp, Trustpilot and Facebook, speak to our market fit and the quality of our products,” said Dan Richards, EVP of Mortgage & Closing at Flyhomes. “Our direct to consumer channel will remain the core function of our business, but this new channel will significantly increase the number of people we can serve by instantly unlocking millions of new customers across the country. Through their local lenders and brokers more people will soon be able to win in any situation thanks to our modular product designs and cost effective solutions. We provide the operations infrastructure and funding of services, and our partners get to unlock new purchase transactions and long term customer relationships.”
“The long term vision for the partner channel is to have our full suite of products available through third-party origination or distributed sales channels,” said Eric Meadow, VP of Partnerships at Flyhomes. “Today’s announcement is just the beginning. We have the talent, experience, infrastructure, and capabilities to provide solutions to problems that a traditional financer can’t. We empower the lender and broker to own the relationship, while we worry about the backend mechanics and associated risks. This first launch phase is a select product rollout, but we encourage everyone to get in touch now to learn more about future plans and how we can help their clients achieve their dreams.”
Details of the Flyhomes Guaranteed Backup Contract and Flyhomes Partner Channel:
- Flyhomes Guaranteed Backup Contract (GBC) provides homeowners with the ability to buy their next home before selling their current home. The unique mechanism of GBC is that it enables the purchase lender to treat the customer’s departing residence as sold, while retaining the freedom to maximize the value of their sale for as long as 90 days after they buy their new home.
- Through the Flyhomes Partner Channel, independent mortgage bankers and brokers can have their customers access the Flyhomes Guaranteed Backup Contract. Additionally, they will soon have the ability to broker transactions to Flyhomes Mortgage for its short-term bridge loan products.
- Upcoming product releases through the Flyhomes Partner Channel will feature lending options also from Flyhomes Mortgage to help buyers unlock their existing home equity for a downpayment.
For more information about the Flyhomes Partner Channel please contact Eric Meadow, VP of Partnerships, at emeadow@flyhomes.com or visit flyhomes.com/partners.
About Flyhomes
Flyhomes is building the world’s best homebuying and selling experience. Launched in 2016, Flyhomes has reinvented the homebuying and selling process at every step, making the process smoother and simpler for consumers with offerings like the Flyhomes Cash Offer and Buy Before You Sell. They back these services with a unique guarantee that gives both buyers and sellers certainty and peace of mind that is unheard of in real estate. To date, they’ve helped clients close on more than $6 billion worth of homes at prices ranging from $150,000 to $7 million.
Flyhomes Mortgage, LLC, NMLS #1733272. 500 Union Street, Suite 325, Seattle, WA 98101. An Equal Housing Lender.
To learn more please visit Flyhomes.com
