In addition, it offers a Knock Home Certification and an extended warranty, to further increase the home’s value while delivering a painless home selling experience to homeowners. This is made possible through the company’s use of data, including a home pricing algorithm, neighborhood analysis and its proprietary 200-point on-site inspection to ensure homes are priced right the first time. Rolling out across Metro Atlanta as its launch market with plans to expand nationally in the coming months, Knock is fundamentally changing the real estate industry by leveraging technology to sell homes in six weeks or less, guaranteed. We believe that this market is finally ripe for disruption, and there exists no better team to execute against Knock’s vision than founding team members of Trulia.” “Until now, there has been no true tech-enabled marketplace for residential real estate. “Together, we’re fundamentally changing the face of home selling by utilizing data science to price homes accurately, technology to sell them quickly and a dedicated team of professionals to guide homeowners through the selling process.”ĭespite the proliferation of new marketplace businesses, one space has been left behind,” said Raju Rishi, General Partner at RRE Ventures. We sought funding and advisors from business leaders who successfully transformed industries at iconic, multi-billion dollar companies like Netflix, TiVo, Trulia and Houzz,” said Sean Black, co-founder and CEO of Knock. “From our experience working in online real estate at Trulia and Yahoo, we recognized the need to utilize technology to streamline the home selling process. And if, for whatever reason, your home doesn’t sell, Knock will buy it. ![]() Unlike legacy sellers, though, Knock promises you market-rate returns on your house in advance. ![]() The new company, founded by former Trulia executives, promises to handle the details of home sales in exchange for the traditional six percent commissions. ![]() Online real estate service Knock is finishing up a $32 million Series A round led by RRE Ventures.
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