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Homie commits $100K to the United Way to help Southern Nevadans stay in their homes

ADDING MULTIMEDIA Academic Study Reveals Homie Is Selling Homes Faster and for More Money Than Traditional Real Estate Brokers
Posted at 3:24 PM, Apr 10, 2020
and last updated 2020-04-10 19:33:59-04

Homie, a real estate tech disruptor that launched just two weeks ago in Las Vegas, has partnered with the United Way of Southern Nevada (UWSN) to help provide relief to those most impacted by COVID-19 through a new Homie Fund.

This Homie Fund is part of the UWSN Emergency Assistance and Community Needs Fund, which assists those impacted by COVID-19. Donations to the Homie Fund will be directed to help Las Vegans avoid home foreclosure and pay utility bills.

Homie has seeded the fund with a $10,000 cash donation and is committing $500 to the Fund with every home bought or sold with the company over the next three months.

For those in Las Vegas that were directly impacted by this crisis and need to sell their homes due to COVID-19, Homie will rebate the entire $2,500 listing fee back to the seller at close. Selling a home has traditionally required paying a percentage-based fee to a local real estate agent, averaging three percent of the sales price of the home.

The real estate company uses technology and charges a flat fee without sacrificing the full-service real estate experience.

“Las Vegas has always had a special place in my heart,” said Mike Peregrina, Homie’s co-founder and CFO, who grew up in Las Vegas and studied at UNLV. “Over the course of the last few weeks the home has become more important than ever and we want to do our part to help more people stay in their homes or keep more of their equity when they sell.”

“We are incredibly inspired to see the genuine caring spirit of Homie, a company that is new to Las Vegas, as they have stepped up for our community in such an amazing way,” said Kyle B. Rahn, United Way of Southern Nevada President and CEO.

To learn more, visit www.homie.com.