Homeowners can earn a Bonus!
At this point in my career after so many startups, a new startup idea has to really grab me to be compelling enough to capture some of my attention. Bonus Homes was an idea that started building momentum around me over several months, and just couldn’t fade into the background. One of its most exciting aspects was that it would work and be a better solution for customers in any market condition - a true all-weather business opportunity. And that attribute of an opportunity should not be under-appreciated.
Bonus was a company that clearly needed to exist. And as we identified some key people ( Kyle Kamrooz Jason Whitt Mallory Maske Josh Hemsley Adam Zeffer ) to join us to co-found it, it was remarkable how things worked out - their availability, their complementary skills, and their personal connections to the idea. We literally solved the right founding team and right timing challenges up front. So you can probably understand why my early excitement is so high.
So what is Bonus?
Bonus is a new way to build more wealth by being a multi-time homeowner, which is the path many of us take along our homeowner journey.?
I’ve had the good fortune of being a homeowner for over 25 years in 3 different cities, and it’s been a profitable endeavor, as any property I’ve sold has been worth a lot more than what I paid for it. I’ve also been able to navigate through a couple economic downturns as well, and not sell a house at bottom of the market, even when it may have appeared in the short term that I overpaid for the house.
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Every year, millions of existing homeowners buy a new house, and in order to do it, the vast majority sell their current house, so they can buy their next one. And for most of them, this seems like the only option they have - sell their house. Over the last decade new companies have emerged to make it even easier and more convenient to sell, knowing that their eye is now on the new prize - the new house. And yet one thing is certain - if you sell your house today, you’ll never receive any additional value from it. And when you check online in 5 years to answer “what ever happened to that house?,” you’ll be frustrated that you didn’t hold onto it. I’ve experienced that multiple times.
We believed that there had to be a better way to help homeowners capture at least some future value from their homes while still allowing them to buy additional homes. We created Bonus as a partnership instrument with homeowners, so they can both buy their next home and keep their current one, without any hassles or challenges. And it’s been so fulfilling to know we’re becoming a long-term wealth-building partner with homeowners. The gratitude and excitement we’ve already felt from our first set of partners (mainly young couples) has been remarkable.
When you’re a homeowner, value from it compounds over time, and too often we don’t retain that ownership for as long as we could or should. Bonus is going to build incremental wealth for tens of thousands of homeowners, by enabling them to earn a bonus for holding onto their homes for 5, 10 or more years longer. And when you do that, and it appreciates in value, you can earn your Bonus!
I also appreciate Bonus for its purpose -?Home ownership has been a foundational aspect of America for a long, long time, and its role in the American Dream has been clear. Millions of people around the world have come here to participate in and own a piece of America, and many more want to do so. Owning a home has also been a significant wealth creator for those who bought the right homes in the right markets, and that should only continue. The American Dream now includes a Bonus!
You can learn more at www.bonushomes.com.
Account Executive at Full Throttle Falato Leads - We can safely send over 20,000 emails and 9,000 LinkedIn Inmails per month for lead generation
4 个月Carey, thanks for sharing! Would love to learn more...
GTM Expert! Founder/CEO Full Throttle Falato Leads - 25 years of Enterprise Sales Experience - Lead Generation and Recruiting Automation, US Air Force Veteran, Brazilian Jiu Jitsu Black Belt, Muay Thai, Saxophonist
5 个月Carey, thanks for sharing!
COO-CFO | PE/VC | Indispensable Team Member | Proactive, Trustworthy, Kind
1 年Love it. Will be excited to see it grow and help many. I may become a customer myself!
Chairman at Crown Bank | Inspirational Visionary Focused on Integrity, Performance & Attentive Service
1 年That is really an outstanding idea. Beside regular long term additional home appreciation you can provide , consider here and now with stale/lower home prices, think of future upside to a homeowner you can deliver if someone wishes to move into a different house when prices are at the bottom of a cycle, especially in more volatile areas like CA . Kudos for exceptional web design = great grab you marketing - Can't wait to hear more great news on this one !
Chief People Officer | VC | People Connector | Startup Coach and Champion | Always Be Building ??
1 年There's our Chairman! Reporting for duty ??