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Orchard Raises Another $100M to Become NYC’s Newest Unicorn

AlleyWatch
 2021-09-14

Cover picture for the articleThe housing market has been red-hot with buyers looking for new spaces in a remote-first market. In some popular markets, the median number of days a home sits on the market is as low as 3 days. More than 68% of sales come from situations where there is a competing offer. With such dynamics, time is of the essence especially for buyers that already have existing homes that need to be sold. Orchard is a home buying and selling platform that allows homeowners to manage this delicate balancing act by allowing buyers to purchase a new home before they have sold their existing properties. Through the Orchard Dashboard, homeowners can manage the entire purchasing transaction with integrated options for mortgages, title, and insurance as well as managing the sale of the existing property by setting up listings, showings, cleanings, and light repairs.

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