Homelight

Homelight

Real estate platform connecting buyers, sellers, agents

About

HomeLight operates a real estate technology platform that streamlines the buying and selling of homes. It connects home buyers and sellers with top-performing real estate agents by analyzing sales data to identify agents with the best track records. This service is especially useful for those who may not be familiar with the real estate market or want to ensure they are working with reputable professionals. In addition to agent matching, HomeLight provides tools such as a home affordability calculator, a home search tool, and a home value calculator, as well as connections to local lenders and home loan services in select states. Unlike many competitors, HomeLight's business model focuses on lead generation, earning revenue through referral fees from agents and its home loan services. The goal of HomeLight is to simplify the real estate process for clients and provide them with the resources they need to make informed decisions.

Company Stage

Series D

Employees

201-500

Industries

Real Estate

Total Funding

$290.4M

Headquarters

Scottsdale, Arizona

Founded

2012


Simplify Jobs

Simplify's Take

What believers are saying

  • AI adoption in real estate boosts HomeLight's client-agent matching efficiency.
  • 'Buy Before You Sell' programs are gaining traction, indicating growing market demand.
  • Fintech integration in real estate complements HomeLight's acquisition of Accept Inc.

What critics are saying

  • Increased competition from AI-driven platforms could erode HomeLight's market share.
  • Integration challenges with Accept Inc. may disrupt HomeLight's operations.
  • Expansion to 40 new states could strain HomeLight's resources, affecting service quality.

What makes Homelight unique

  • HomeLight uses AI to enhance agent-client matching, improving efficiency in real estate transactions.
  • The 'Buy Before You Sell' program offers unique solutions for simultaneous home buying and selling.
  • HomeLight's acquisition of Accept Inc. integrates fintech solutions, streamlining mortgage processes.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

-6%

2 year growth

-19%

Benefits

Medical, dental, & vision benefits

Office-wide quarterly group wellness events

401k

Commuter & dependent FSA

Quarterly volunteering & community events

Choice of a Dell or Apple laptop

Mental wellbeing

PTO

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