Photo - Hōmbaez
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Hōmbaez

AI-powered home-matching marketplace

USA
Market: Real estate, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 27.05.2024
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Idea

AI-powered Home Matching Marketplace that gives buyers AI DIY tools to identify and purchase a home confidently without representation. Giving them more control, power, and savings in their purchase.

Current Status

*IP Status: Patent Pending
* Launch the Hombaez App on the App Store for iOS
* Launched the Hombaez App on the Google Play Store for Andriod
* Current weekly User Growth Rate of 120%
*Over 2k users in the first couple weeks on App Stores

Market

Homebuyers in the US.

Problem or Opportunity

Real estate is undergoing significant changes. Transactions will be restructured due to the decoupling of commissions, increasing out-of-pocket fees for buyers, and making homebuying more expensive and time-consuming.

Solution (product or service)

Our AI-powered Home Matching Marketplace aligns with the recent industry changes, enabling homebuyers to purchase a home without an agent using our AI-powered DIY tools, giving buyers more control, power, and savings. Our specialized AI gives each user a personalized assistant, helping them through their purchase from search to close, identifying homes, and unlocking their purchase power by connecting them to lenders for financing, creating a cheaper and faster way to purchase a home.

Competitors

Zillow, Homes.com, Redfin, and traditional real estate brokerages.

Advantages or differentiators

We place the consumer first. We are placing them in the driver's seat of the transaction and giving them more control and power than ever before.

Finance

Privileged information.

Business model

B2B2C: Marketplace
* We make the buyer-lender connection at the front end of the search process— helping lenders grow their business by capturing leads at the start of the buyer’s journey.
* We attract buyers with AI-powered DIY tools and new search methods. Leading high-intent buyers to financing with lenders to unlock their purchase power.
* Lenders purchase a share of a zip code to connect with buyers. When a buyer is interested in a home and clicks our call to action, they are connected to the lender who purchased the zip code in which the house is located.

Money will be spent on

Hiring, Data, Upgraded systems

Offer for investor

Contact for details.

Team or Management

Risks

Privileged information.

Incubation/Acceleration programs accomplishment

TBD

Invention/Patent

SYSTEM AND METHOD FOR ASSET OR PROPERTY SEARCH OF COMMON INTEREST
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video
Presentation