Trade In - Shelburn Realty Corp - Bayside Real Estate Partners

How HomeLight Trade-In Works

Step 1

Get HomeLight’s Purchase Price

We'll work with your real estate agent to make an offer on your current home. That's the price we'll pay you for your current homes as soon as you're ready to move into your new home.
Step 2

Make a Strong Offer on Your New Home

When you've found the home of your dreams, you'll be ready to make an offer with no lending or home sale contingency. This means you're more likely to close and can do so on your own timeline.
Step 3

Move In on Your Schedule

Once your offer is accepted, everything comes together in days, not months. We buy your home at the purchase price so you get the cash to close on your dream home and control when you move.
Step 4

Get Full Market Value When We Sell Your Home

We work with your agent to list your past home. If your home sells for more than the price HomeLight paid for it, we give you the additional cash minus selling costs and program fees.

What It Costs

Pricing could not be simpler. In addition to paying typical Real Estate commissions, closing costs, and repair expenses, there is a fee that typically runs about 1.5% of the home you are selling.

We find that most clients will recoup some or all of this fee by being able to make a stronger non-contingent offer on a new home AND getting top dollar for the existing home being vacant and all cleaned up. Below is a cost breakdown from an actual client.

Market Valuation $ 800,000

Homelight Guaranteed Price   $ 720,000

Estimated Homelight Trade-in Fee   $ (12,000)

Estimated Commissions, Closing, and Repair Costs   $ (88,000)

Estimated Loan Payoff   $ (343,000)

Equity for new home purchase   $ 277,000
Actual Sales Price   $ 830,000

Actual HomeLight Trade-In fee*   $ (12,450)

Actual Commissions, Closing, and Repair Costs   $ (72,210)

Additional proceeds after market sale   $ 97,550

Total equity received from sale   $ 374,550

Who is Homelight?

HomeLight is a venture backed Real Estate technology firm based in San Francisco. Its mission is to empower people to make smarter decisions during one of life’s most important moments: buying or selling their home. It does so by leveraging technology to identify the BEST Real Estate agents in the area and connect them with buyers and sellers. Through Homelight’s lending arm it has also created innovative products to take the pain and uncertainty out of the home buying process.

Learn More

HomeLight Trade-In™️: The Cowing Family

Brent and Agneta Cowing, along with their two young daughters, buy their dream house with HomeLight's Trade-In™️ program.

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Address of Home to Sell

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Don’t Just Sell Your Home.

How HomeLight Trade-In Works

Get HomeLight’s Purchase Price

Make a Strong Offer on Your New Home

Move In on Your Schedule

Get Full Market Value When We Sell Your Home

What It Costs

Market Valuation $ 800,000

Who is Homelight?

HomeLight Trade-In™️: The Cowing Family

Get Started

Don’t Just Sell Your Home.

How HomeLight Trade-In Works

Get HomeLight’s Purchase Price

Make a Strong Offer on Your New Home

Move In on Your Schedule

Get Full Market Value When We Sell Your Home

What It Costs

Market Valuation $ 800,000

Who is Homelight?

HomeLight Trade-In™️: The Cowing Family

Get Started

Get in Touch

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