HomeLight Simple Sale

Summary

HomeLight Simple Sale is a marketplace product rather than a direct buyer. Sellers submit property information once, and HomeLight forwards the lead to its network of pre-vetted cash investors, who each submit competing offers within forty-eight to seventy-two hours. The seller compares offers and chooses one, with HomeLight collecting a referral fee from the winning investor rather than from the seller. St. Louis has solid investor depth, so sellers typically receive four to six competing offers from one submission. In an appreciating market like current St. Louis, that competition is valuable because it keeps individual buyers from lowballing, since they know they are bidding against others. No platform fee charged to the seller.