Tech startup is making waves in housing market

Bouts of brutally cold weather have not kept Alison Benoit, a real estate agent in the Pepper Pike office of Keller Williams, from writing six accepted offers on homes last month. That figure is as much as the 20-year veteran of the residential market says is typical for hot sales months in summer.”For me it’s not been all that different than working with a buyer who is pre-qualified with a lender,” Benoit said of searches she has undertaken from Cleveland Heights to Medina that resulted in two closings.However, the difference is that Benoit is working with people who will lease a home they select for three years from San Francisco-based tech startup Divvy Homes. After that time, if they want to stay, they will get to buy the house with a bonus for appreciation as well as credit for part of the equity they contribute.

Source: Tech startup is making waves in housing market