Strategic shift follows sale of AI search portal and closing of Series D funding
September 24, 2025 – BELLEVUE, Wash. – Flyhomes, a leader in real estate lending innovation, announced it will exit the real estate brokerage business and focus exclusively on distributing its flagship Buy Before You Sell products through wholesale channels. As part of the shift, the company will transition its real estate agents to another brokerage platform, making the final step in the company’s strategic shift to a third-party distribution model.
“We invented and refined our products through years of serving consumers and gaining a deep understanding of their needs and pain points,” said Tushar Garg, co-founder and CEO of Flyhomes. “After completing billions of dollars in transactions, this move completes our shift and focus to wholesale lending and lets us scale Buy Before You Sell through the professionals homebuyers already trust.”
All Flyhomes brokerage operations will be discontinued by the end of the month as the company’s agents transition to another brokerage. All currently active brokerage clients will transition with their agents. Going forward, the company will concentrate its efforts exclusively on enabling lender partners to offer Flyhomes’ bridge financing solutions, including through third-party real estate agents.
“Nearly two years ago we eliminated our direct-to-consumer mortgage business to avoid channel conflicts with our loan officer partners,” said Adam Hopson, COO of Flyhomes. “Today we’re doing the same on the brokerage side. We’re now laser-focused on driving the success of all loan officers and agents by giving their clients a simpler, more cost-effective path to buying their next home.”
Flyhomes’ Buy Before You Sell program allows homebuyers to purchase their next home without the burden of waiting for their existing property to close. By securing a backup offer on their current home, borrowers can exclude that payment from DTI, use their equity for the next down payment, and make cash-equivalent, noncontingent offers with as little as 5% down. After moving, they can sell the old home on a normal timeline to seek full market value.
The move to exit the brokerage business follows the recent sale of the company’s AI-powered home search portal in July and is fueled by a recently closed $15M Series D funding round led by existing investors. The funding and sale proceeds, along with a new warehouse facility with financing capacity of more than $200 million, are supporting the nationwide rollout of Buy Before You Sell and annual production of over $1 billion.
The company’s loan products are currently available in 36 states, with plans to expand into more markets in the coming months. Flyhomes currently works with a network of more than 30,000 loan officers across many of the nation’s top lenders.
About Flyhomes
Flyhomes is a leading provider of innovative homebuyer financing solutions. Since 2016, the company has facilitated over $7 billion in transactions with its signature products, including Buy Before You Sell and Cash Offer. In 2024, Flyhomes launched a wholesale lending model, partnering with loan officers and real estate agents to distribute its market-leading financial solutions nationwide. With Flyhomes, borrowers can make competitive, non-contingent offers while reducing stress and unlocking additional funds for down payments and closing costs. Flyhomes offers its solutions in all 50 states, and its loan products are currently available in 36 states, with ongoing expansion into additional markets. For more information, visit www.Flyhomes.com.
Flyhomes Mortgage, LLC, NMLS #1733272, an affiliate of Flyhomes, Inc. 160 NW Gilman BLVD, Ste 441, Issaquah, WA 98027. An Equal Housing Lender.