What cities is Knock working in
and will be expanding:
How many homes has Knock purchased?
Knock has purchased well over 2500 homes in 2018 -2019 and is expected to continue to grow the annual purchase rate significantly as they expand into new markets
What is the medium cost per home?
In looking at the homes Knock has listed, the range seems to be $200K to $400K. However, they do have properties that exceed $800,000 which is different than the other iBuyers.
How quickly do they make an offer?
Knock offers come back quickly if they are interested in purchasing your home.
How quickly do they typically take to close?
Closing take a little longer because there is typically two transactions that need to take place. Knock’s purchase of your new home and then the actual selling of your existing home.