Knock has announced that it’s bringing its Knock Home Swap to Jacksonville, FL as part of the expansion across the country. Knock Home Swap allows homeowners to receive funding for a competitively priced mortgage from Knock to buy their new home and move before listing and selling their current house on the open market.
Knock Co-Founder & CEO Sean Black, said:
“Buying a new home when you have one to sell is fraught with stress and uncertainty.
“At Knock, we take the friction out of the process. With the Home Swap, homeowners get the financing to make a strong non-contingent offer on their dream home and repair their old house. By buying before selling, consumers have the convenience of being able to move on their timeline and then list a fully prepped home on the open market for the maximum price.”
One couple recently used the service to purchase their new home in Arlington, Texas. Kristy and Stan Burchell knew they would have to jump through hoops in order to sell their home in Dallas the traditional way.
“The Home Swap provided the most economical choice. We got the convenience of being able to move without having to live through a traditional home sale and still sell our house on the open market. We were also able to make a non-contingent offer on our new home, which was a huge advantage with the market being so competitive. I see Knock as the future of home buying.”
Working with Knock is Keller Williams Atlantic Partners as part of the Knock Home Swap package.
Margaret Sherrill, Owner/Operating Partner of Keller Williams Atlantic Partners, explained:
“Given the high amount of multiple offer situations we are currently seeing, it is hard for many buyers to be competitive while also trying to sell their home at the same time.
“The Home Swap program is a huge advantage for customers in these situations. We are excited to partner with Knock and look forward to offering this program in Jacksonville.”
With the Jacksonville launch, Knock Home Swap is now available in Atlanta; Austin, Texas; Charlotte, N.C.; Dallas-Fort Worth; Denver; Fort Lauderdale, Fla.; Houston; Jacksonville, Fla.; Miami; Orlando, Fla.; Phoenix; Raleigh, N.C.; San Antonio; Tampa and West Palm Beach, Fla., through 70 brokerage firms with more than 43,000 agents. Knock plans to expand to at least 21 markets by mid-2021.