In today’s episode of the Notorious Interview, I talk with Jarred Kessler, Founder & CEO of EasyKnock, the most interesting company in our space I had never heard of. I corrected that oversight, obviously, and I thought you should too.
EasyKnock is hard to classify: it’s kind of like a blend between a bridge loan lender and an iBuyer with a rather intriguing value proposition for sellers and for real estate agents alike. Basically, EasyKnock will buy your house at your asking price, rent it back to you, while you look for a new house with the cash in your pocket, then settle up at the end. Its fees are substantially lower than a market maker like Zillow or Opendoor, and there is an interesting (although a bit tricky) value proposition for the real estate agent.
It’s hard to describe more than that, so you should just listen to the Interview.
Conversation with Jarred Kessler, EasyKnock
Bio of Jarred Kessler, :
Jarred Kessler is a vision-driven entrepreneur with over fifteen years of experience in the financial services industry, where he performed for industry stalwarts such as Morgan Stanley, Credit Suisse, and Goldman Sachs. Throughout successful endeavors with these companies, Jarred witnessed firsthand the effects of technological change on the industry. Where others failed, he became adept at evolving his career to align effectively with emerging trends. Since then, Jarred has spotted similar changes occurring in other industries. As CEO of EasyKnock, Jarred now applies this sharp awareness of change and his vision of a new and improved world to real estate.
“We exist to create financial opportunities out of financial pressures, bringing flexibility and freedom to homeowners through innovation and understanding.”
Life is fluid, and many times unexpected. People find themselves navigating new and unexpected roads needing to adjust their finances to accommodate these changes. Whether starting a new business, sending kids off to college, paying down debt, our products empower people to make meaningful life decisions on their terms while remaining in the comfort of their own home. We want homeowners to achieve the financial freedom they deserve.
WHAT WE DO
Our Sell & Stay product offers an alternative method of accessing home value to traditional home equity line of credits (HELOCs) and reverse mortgages without the challenges associated to qualify. Sell & Stay is the first product in the USA allowing homeowners to sell their home, accessing the money they need and remain in their home as a tenant. People have the ability and flexibility to repurchase their home or move at any time, releasing the full value of their home.
WHY WE DO IT
Millions of Americans are property rich, but cash challenged. As a result of the credit crisis, lenders have strict requirements that disqualify homeowners from refinancing. Without viable alternative options, homeowners are forced to sell their homes and move. People deserve the chance to establish financial stability. We created Sell & Stay to provide homeowners with a new way to access their home value, without having to move, or who aren’t ready to move.
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