Orchard

Orchard

Streamlines home buying and selling process

About

Orchard operates in the residential property market, focusing on making the process of buying and selling homes more efficient and less stressful for clients. Their main service is the 'Move First' approach, which allows clients to purchase a new home before selling their current one, alleviating the pressure of coordinating both transactions. This is supported by a guaranteed back-up offer that provides security for sellers. Additionally, Orchard offers free home valuations that are claimed to be 30% more accurate than typical valuations, helping clients understand property values better. Unlike traditional real estate agencies, Orchard's unique services and focus on client convenience may allow them to charge a premium for their offerings. The goal of Orchard is to simplify the home buying and selling experience for individuals and families.

Company Stage

N/A

Employees

501-1,000

Industries

Real Estate

Total Funding

$228.6M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • Orchard's rapid growth, as evidenced by its ranking in the Inc. 5000 list, indicates strong market acceptance and potential for career advancement.
  • Expansion into new markets like Arizona, Oregon, and Washington opens up opportunities for employees to work in diverse and dynamic environments.
  • The company's innovative services, such as cash offers in competitive markets, empower employees to provide high-value solutions to clients.

What critics are saying

  • The competitive nature of the real estate market means Orchard must continuously innovate to maintain its edge.
  • Expansion into new markets carries the risk of overextension and operational challenges.

What makes Orchard unique

  • Orchard's 'Move First' approach allows clients to buy a new home before selling their old one, a unique offering in the real estate market.
  • Their free home valuations claim to be 30% more accurate than other valuations, providing a significant advantage in setting realistic expectations.
  • Orchard's guaranteed back-up offer provides a safety net for sellers, reducing the stress and uncertainty typically associated with home transactions.

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Growth & Insights
Headcount

6 month growth

20%

1 year growth

14%

2 year growth

-17%

Benefits

Comprehensive benefits - We offer medical, vision, and dental benefits for employees and dependents, with some plans fully sponsored by Orchard.

Paid parental leave - We offer new parents up to 18 weeks paid leave to bond with their newborns—plus a customized one-month transition period to ease into life as a working parent.

Paid family leave - We offer up to 10 weeks paid leave for employees who need to care for sick family members.

Flexible paid time off - We count your contributions, not vacation days. Take the time you need to recharge and refresh.

Team events - From monthly town hall meetings to team lunches and gatherings outside of the office, we make time to celebrate wins and unwind together.

Paid industry certification - We cover dues on licenses and renewal fees for brokers, realtors, and more.

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