Freemodel, a leader in pre-sales home renovation, has secured $19.5 million in new funding. This significant investment round will bolster the company's mission to help real estate agents sell homes faster and for more value by transforming properties before they hit the market. Freemodel operates a comprehensive concierge service that manages the entire pre-sale renovation process, from initial funding and design to construction management, simplifying a complex undertaking for sellers.
The company distinguishes itself by providing an in-person local project director for each project. These directors identify the most strategic home updates and oversee a network of trusted sub-contractors, ensuring quality and efficiency throughout the renovation. A key differentiator of Freemodel's model is its no-upfront-payment policy for agents or homeowners. Instead, Freemodel is paid at escrow when the home successfully sells, removing significant financial barriers and risk for sellers and making strategic renovations accessible.
This infusion of capital underscores investor confidence in Freemodel's innovative approach to real estate and its proven ability to deliver tangible value. The $19.5 million will be strategically deployed to accelerate growth initiatives, expand its operational footprint into new markets, and enhance its technology platform to better serve its growing client base. Freemodel aims to continue scaling its unique service, empowering more agents and homeowners to maximize their property's value and streamline the selling process, further solidifying its position in the pre-sales renovation sector.
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