• Fri. Jan 28th, 2022

Divvy Homes and zavvie empower real estate brokers and

ByWillie M. Evans

Dec 14, 2021

BOULDER, Colo., Dec. 14, 2021 (GLOBE NEWSWIRE) – Aspiring homebuyers have had to look for new solutions if they wanted to step into their own doorstep throughout 2021. Products offered in cash, buy before – you sell deck solutions and other options became increasingly popular as buyers sought to compete for a limited number of homes, helping them craft an offer that could win a bidding war.

Today, another solution for buyers powered by zavvie, the nation’s leading real estate brokerage marketplace that connects real estate agents with buyers and sellers, and Divvy Homes, a leading real estate tech startup rated at 2 billion dollars, will provide a more accessible, affordable and innovative solution. hire-purchase purchasing solution to real estate brokers and their agents.

Divvy Homes uses technology and a people-centered approach to partner with consumers at every stage of the home buying process, helping tenants to become homeowners. Buying a home with Divvy begins with a five-minute online application that provides an approved home purchase budget and the ability to start shopping with a real estate agent.

Divvy Homes’ option-to-purchase rental program is currently available in 16 major metropolitan areas across the United States, including Atlanta; Cincinnati; Cleveland; Dallas; Denver; Fort Lauderdale, Florida; Houston; Jacksonville; Memphis; Minneapolis; Miami; Orlando; Phoenix; San Antonio, Texas; Saint Louis; and Tampa, Florida.

Now part of the recently expanded zavvie brokerage marketing niche, Divvy Homes has the potential to reach tens of thousands of new real estate agents, turning more tenants today into owners of tomorrow.

“Divvy Homes helps ensure that zavvie offers all options for home buyers and sellers of today and tomorrow – and that a trusted real estate agent remains at the center of every transaction,” Lane Hornung said. , co-founder and CEO of zavvie.

Over the next decade, industry analysts estimate that Divvy Homes could help up to 100,000 families become homeowners. It allows tenants to work with a real estate agent and choose which home they want to rent to own. Then Divvy purchases the qualifying home and the tenants move in with 1% to 2% of the prepaid value. A portion of their rent is used to save for a down payment. In three years, these future owners could have accumulated up to 10% of their down payment, allowing them to buy the house from Divvy.

“The path to homeownership today is harder than ever,” said Adena Hefets, Co-Founder and CEO of Divvy Homes. “Divvy is leveling the playing field by accelerating its ability to become a homeowner. We are a new kind of real estate company helping people build wealth while living in a home that they will soon own.

The Divvy Homes app is online, free, and will not affect credit scores. Once a client’s income and savings are verified, a Divvy Homes approved home budget is provided within two business days. Most clients of Divvy Homes become eligible for a mortgage in less than three years. At any time, a Divvy Homes customer can either buy the home back with the money they saved or move out and take any savings with them.

“The affordability and affordability of housing offers exciting new opportunities for brokerage houses and their agents,” said Hornung, “Agents who embrace these new buying options can be successful by doing good. “

About zavvie
zavvie is a brokerage-branded marketplace that connects broker-agents and their clients with new ways to buy and sell homes while keeping agents at the center of the transaction. Over 65,000 real estate agents in 47 states are leveraging the zavvie platform to better serve their clients. zavvie gives modern brokers and agents everything they need to thrive in today’s changing real estate landscape: easy-to-use tools, technology, training, marketing and strategy. Find out more at zavvie.com.

Media contact:
Kevin Hawkins | zavvie
206-866-1220 | [email protected]

The photos accompanying this announcement are available on

https://www.globenewswire.com/NewsRoom/AttachmentNg/6952ca20-080c-47e6-ab2e-976d6e53e9d9

https://www.globenewswire.com/NewsRoom/AttachmentNg/a03d9e00-820b-4487-8a3b-4b3cd2308812


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