Innovative Linkhome Makes Home Buying and Selling Easier for All
The Wall Street Journal recently highlighted how mortgage buyers in the U.S. housing market face difficulties competing against cash buyers. When properties receive multiple offers, Linkhome’s Cash Offer transforms mortgage buyers into cash buyers, increasing transaction reliability and providing a significant edge in competitive bidding scenarios.
From Offer to Closing, Every Step Becomes Easier with Linkhome Cash Offer, Helping Buyers Save Money!
Cash Offer: The Competitive Edge
In the first half of this year, data shows that buyers using Linkhome Cash Offer secured their homes at an average price 3% lower than the highest competing offer.
“Our bid wasn’t the highest, but our terms were the most competitive because we made an all-cash offer,” a Linkhome client shared with the Wall Street Journal, explaining how they beat out five other buyers.
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How Does Linkhome Cash Offer Work?
Linkhome’s Cash Offer is a financial tool designed to quickly transform buyers into cash buyers:
- Partnering with Linkhome: Buyers collaborate with Linkhome to make a competitive cash offer on their desired home.
- Purchase and Close: Linkhome facilitates the transaction as an all-cash deal.
- Post-Closing: Buyers finalize their mortgage and move into their new home.
Is There a Cost for Linkhome Cash Offer?
If buyers choose Linkhome to handle their mortgage, Cash Offer is entirely free of charge.
Revolutionizing Real Estate with Financial and Technological Innovation
As one of the most promising startups in the PropTech sector, Linkhome has received several rounds of venture capital funding and is preparing to go public on Wall Street. The company is currently undergoing the approval process to list on NASDAQ.
Additionally, Linkhome recently secured $50 million in funding for its Cash Offer program, backed by top-tier financial institutions, including Genesis Capital, supported by Goldman Sachs.
Linkhome is not your traditional real estate agency. By leveraging financial and technological expertise, the company simplifies the complex home-buying process, offering an integrated “one-stop-shop” solution for buying, selling, title transfer, and mortgage services. Linkhome’s mission is to provide clients with a more professional and seamless real estate experience.
New Funding Will Be Allocated to the Following Areas:
- Expanding Cash Offers: Empowering buyers in cities across the U.S. to secure better deals with all-cash offers.
- Scaling Trade Up Program: Making it easier for homeowners to “trade up” and transition into new homes.
- Geographic Expansion: Launching services on both the East and West coasts, utilizing data analytics and advanced technology to enhance offerings.
- Team Growth: Doubling team size by 2025.
Linkhome’s Achievements in Four Years
Founded in 2021, Linkhome has experienced rapid growth, achieving the following milestones:
- 1,000+ Transactions: Helping over 1,000 clients buy and sell homes, with a transaction volume exceeding $1 billion.
- 68% Win Rate Advantage: Cash Offer clients win bidding wars 68% more often than traditional buyers.
- California Success: A doubling of transaction volume in California in the first half of 2024 compared to the second half of 2023.
- Mortgage Expansion: After launching Linkhome Mortgage in June 2023, completing over 300 mortgage transactions.
- Zillow Reviews: A five-star rated, professional one-stop home-buying experience.
