Houwzer Acquires Competitor Trelora
Summary
Houwzer and Trelora are both well known for their ‘flat-fee, full service’ real estate offerings that save consumers thousands per transaction while delivering an industry-leading customer experience. The Trelora acquisition provides meaningful scale and operating leverage driving powerful unit economics.” Maher will maintain his position as CEO and remain on the Board of Directors of the consolidated company. “Like Trelora, Houwzer is a mission-oriented brokerage that shares our commitment to elevating the future of real estate by putting the consumer first, while providing a more efficient and exceptional experience for home buyers and sellers.” Ward will be joining the consolidated company as Chief Revenue Officer, leading the newly formed Enterprise division. This B2B division will pioneer a new vertical in the category that the company describes as ‘Brokerage as a Service.’ Ward’s team will work with institutional clients in the single-family rental (SFR), iBuyer, rent-to-own (RTO), and new home construction segments. Houwzer now has a platform at scale, allowing it to further transform the home buying and selling experience and make it easier and more affordable for consumers across a much wider audience.