A sea change is coming to home financing
A slew of newer companies are trying to reinvent the way people finance home purchases. That doesn't mean the 30-year mortgage is disappearing, but it does hint at more choices for consumers of the future
by Jim Dalrymple II Mar 16
One week after LA launch, Knock blankets Southern California
A rapid expansion from Los Angeles into San Diego, Santa Barbara and markets inland puts Knock well ahead of its '21 in 21' available markets goal
by Craig C. Rowe Mar 4
Knock: How agents can lean into alternative lending in uncertainty
Alternative lending model Knock is growing quickly by offering homesellers Home Swap, a product that lets them buy before they sell. Here's what you should know about its unique model
by Craig C. Rowe Mar 1
Knock partners with The Agency for Home Swap's expansion
Los Angeles represents Knock's largest market for its 'buy-now-sell-later' alternative mortgage model. It's expected to especially help buyers in the under $2M market be more competitive
by Craig C. Rowe Feb 25
Knock hires mortgage industry vet Laura Gray as head of lending
A mortgage industry veteran with more than 3 decades of expertise will head operations for Knock's unique home lending program as it expands into more markets. Knock Home Swap is already available in 17 cities
by Craig C. Rowe Feb 22
Knock expands to Colorado Springs and Tuscon, now in 17 cities
Now available in 17 markets across the country, Home Swap helps sellers sell before they buy and move without worrying about showings, vendors and other traditional hassles of having a home on the market.
by Craig C. Rowe Feb 11
Knock adds Airbnb executive to its board of directors
Vijaya Kaza, Airbnb's chief security officer and head of engineering and data science for trust and safety, will help Knock scale its Home Swap service
by Marian McPherson Feb 4
Buyers and their agents have to be nimble amid low supply
At Inman Connect, eXp agent and team leader Renee Funk said buyers and their agents need to be able to move quickly and adapt to a market in which inventory remains tight
by Jim Dalrymple II Jan 27
Knock names former Lyft and Uber executive as chief financial officer
In 2019, Michelle DeBella, Lyft's former vice president of finance, was named one of the 50 Most Powerful Women in Technology by the National Diversity Council
by Lillian Dickerson Jan 14
Knock launches new sale-leaseback program, Knock Nest
A spin-off of Knock Swap, Knock Nest formalizes Knock's longtime leaseback option and allows homeowners to access home equity without the need to move
by Marian McPherson Dec 9
Knock launches its Home Swap service in North Carolina
Home Swap lets real estate consumers buy a new home without having to repair and list their existing residence
by Jim Dalrymple II Nov 19
How agents can take advantage of new business models in 2021
Adena Hefets of Divvy Homes and Sean Black of Knock talk about how their platforms help agents increase their addressable market at Connect Now
by Andrea V. Brambila Oct 20