Hometap

Account Executive

Remote

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, FintechIndustries

Requirements

Candidates should possess at least 3 years of sales experience in a closing role, with a preference for experience selling financial products. Strong communication skills, both written and verbal, and attention to detail are essential, along with technical aptitude for mastering CRM systems like Salesforce, which is a plus.

Responsibilities

The Account Executive will engage with homeowners interested in a Hometap investment, educating them on the product and connecting with empathy to understand their circumstances, guide homeowners through the investment process, serving as a single point-of-contact and providing updates, collaborate with internal team members to ensure an efficient process, provide ongoing communication to homeowners via various channels, develop a deep understanding of the Hometap product, utilize Salesforce to document sales activities, learn and utilize Hometap’s Hub, meet and exceed sales goals, stay informed about the competitive landscape, and collaborate with colleagues across the organization to provide an excellent experience for homeowners.

Skills

Sales
Customer Engagement
Communication
Empathy
Lead Management
Closing Sales

Hometap

Provides cash for home equity access

About Hometap

Hometap provides homeowners with a way to access their home equity without selling their property or incurring additional debt. The company offers a lump sum of cash in exchange for a share of the future value of the home, allowing homeowners to unlock up to $600,000 of their equity without monthly payments or interest. Hometap earns revenue by sharing in the appreciation of the home's value when it is sold or when the homeowner repurchases Hometap's share. This approach sets Hometap apart from traditional home equity loans, as it offers a flexible and debt-free solution. The company's goal is to simplify the financial process for homeowners, helping them achieve their financial objectives, such as paying off debt or funding education, while maintaining a high level of customer service.

Key Metrics

Boston, MassachusettsHeadquarters
2017Year Founded
$405.6MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

401k plan with match
Commuter benefits
Healthcare coverage
Flexible work schedule
Paid parental leave
Unlimited PTO
Learning & development
Generous share package

Risks

Rising interest rates may make traditional loans more appealing.
Increased competition from fintechs could erode market share.
Potential regulatory changes could impact Hometap's business model.

Differentiation

Hometap offers debt-free home equity access, unlike traditional loans.
The company provides a lump sum for a share of future home value.
Hometap's Home Equity Dashboard aids homeowners in managing their equity.

Upsides

Growing interest in alternative financing boosts Hometap's market potential.
Hometap's $278 million securitization shows strong investor interest.
Expansion into New York City taps into a large financial market.

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