Renovate America Introduces New Online Marketplace
Renovate America has launched an online marketplace that gives homeowners a one-stop shop for browsing helpful renovation project advice, finding and selecting highly rated, quality-tested contractors, and comparing multiple financing options.
With Harvard University’s Joint Center for Housing Studies expecting healthy growth in homeowner spending on remodeling through 2025, and with sustainability and energy-efficient upgrades among the fastest-growing market segments, the marketplace at the revamped renovateamerica.com is positioned to capitalize on key trends in home improvement.
The new renovateamerica.com connects homeowners to vetted, performance-monitored contractors in three states – California, Florida, and Missouri – while also providing helpful tips on home-improvement projects that can save energy and water. Homeowners can search by project type for contractors that do projects in their zip code and the surrounding area, and view a detailed profile page for each contractor.
While on the site, homeowners can also check their eligibility for HERO, a form of Property Assessed Clean Energy (PACE) financing, as well as Benji, Renovate America’s unsecured home-improvement loan product for well-qualified borrowers.
“As we aim to become the most trusted resource in home improvement financing, our new marketplace enhances the customer experience while giving small businesses the tools they need to grow,” said Dan Stevenson, SVP of product, marketing and technology at Renovate America. “Homeowners can access financing solutions like HERO and Benji while seeing social-media ratings for quality contractors in their communities. And contractors participating in the marketplace potentially can gain access to hundreds of new business leads.”
All contractors listed on the website must maintain a passing grade in the company’s landmark Contractor Quality Rating (CQR) system to remain listed. In addition to the company’s own behind-the-scenes vetting and rating system, the marketplace provides homeowners access to each contractors’ customer ratings from Google, Yelp and Facebook, directly in search results and on the contractor’s storefront page.
Publication date: 1/29/2018