Zeehaus is an online platform that makes buying a home more affordable.
It enables a process called equity sharing, which connects homebuyers with investors who purchase shares of properties and collect “rent” from the buyers. In doing so, this company pairs homebuyers who wouldn’t otherwise be able to afford a home with investors seeking to invest in real estate.
Zeehaus generates revenue through management fees, investor fees, and funding/application fees. The company launched its platform in the San Francisco area and is now ready to expand. Target areas include Dallas, Santa Fe, Los Angeles, Phoenix, and Seattle.
Six million properties are sold every year in the U.S., at an average price of $543,000. At an estimated revenue per property of $3,600, Zeehaus’ total attainable market is $216 billion.