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Subject: Product/Service

Flyhomes Announces Expansion Into Texas


Flyhomes, creator of the world's best homebuying experience, announced today they expanded operations to three new housing markets in Texas. Flyhomes is now superpowering the way people buy homes in Austin, Dallas, and Houston, TX. These three markets join Flyhomes existing areas of operation?Seattle, WA, Boston, MA, Portland, OR, the Bay Area, and Southern California?where they have already closed on more than $3 billion worth of homes bought and sold.

"A home is the single biggest purchase most people will ever make, and the traditional process of making that purchase is fraught with obstacles, stress, and worry," said Tushar Garg, Flyhomes CEO and Co-Founder. "Our approach?which brings every step of the process under one roof?helps buyers separate fear from risk to make more informed homebuying decisions. We are thrilled to bring our reimagined real estate process to create radically different experiences for homebuyers in Austin, Dallas, and Houston, TX."

According to U.S. Census Data, 4.2 million people have moved to Texas since the last census in 2010. People are flocking to the Lone Star State for the job opportunities, lower cost of living, and tax incentives. This influx of new residents has created increased competition for housing across the state. The three new Texas locations were selected due to the relatively competitive nature of their housing markets. The average home in each of these markets is snatched up 1.5-3 times faster than the U.S. average.

In competitive markets, where houses are on the market for shorter periods of time and have more offers, cash offers give buyers the ability to negotiate better prices. Buyers with cash offers consistently edge out traditional buyers. Unfortunately, very few homebuyers have the capital to do this on their own. Enter Flyhomes.

For current homeowners planning a move to Texas, the Flyhomes Buy Before You Sell program makes the transition even easier. The innovative program frees homeowners to shop for their next home without any worries about contingencies, timing, or moving logistics. For example, armed with a Flyhomes Cash Offer, a California homeowner can buy their dream home in Texas and move in before selling their current home in California. Once settled in the new home, Flyhomes gets the California home show worthy and sells it, enabling the owner to skip the house showings and maximize their profit from the comfort of their new home in Texas.

Flyhomes has reinvented the homebuying process with their highly competitive services. Both the Flyhomes Cash Offer and Buy Before You Sell are backed by the Flyhomes Guarantee for Buyers, giving homebuyers an edge in any market. Their one-stop approach gives buyers a team of research analysts, loan officers, tour specialists, and a dedicated Flyhomes Agent to guide them throughout the process.

For more information, visit Flyhomes.com.

About Flyhomes

Flyhomes is building the world's best homebuying experience. Launched in 2016 by Tushar Garg and Stephen Lane, Flyhomes has reinvented the homebuying process at every step. To date, we have helped homebuyers close on more than $3 billion worth of homes at prices ranging from $150,000 to $5 million. To offer clients a truly seamless experience, the Flyhomes family of companies includes Flyhomes, Inc., and its wholly-owned subsidiaries: Flyhomes Brokerage, LLC, Flyhomes Mortgage, LLC, Flyhomes Closing, LLC, among other entities. For more information, visit www.flyhomes.com.



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