Historical review. UpEquity wound down consumer operations in 2022. This page describes the former buy-side cash-offer product for reference; it is not an active program recommendation.
UpEquity was founded in 2019 and was headquartered in Austin, TX. The consumer-facing power-buyer product wound down in 2022.
UpEquity's core product was backward from what most of our reviews describe. It wasn't a way to sell your current home — it was a way to buy your next one. The program made the cash offer on the house the buyer was purchasing, closed with its own money, and sold the contract to the buyer about two weeks later when their mortgage funded. The seller saw certainty; the buyer got the house. The cost was roughly 2% of the purchase price plus a $500 admin fee, paid at the reimbursement close.
We rated this a 5.8 at the time because most buyers who thought they needed it probably didn't. An appraisal-gap guarantee or a 30-day close commitment from a lender solves a huge share of multiple-offer losses at far lower cost.
Qualify, get a reimbursement commitment up to a stated purchase-price cap. Make an offer on a home with UpEquity as the buyer of record. Close at that price with UpEquity's funds. The mortgage closed 14–21 days later; the buyer purchased the home from UpEquity at the original price plus the 2% fee. In most states, this was structured as a double-transfer close, with transfer-tax treatment varying by jurisdiction.
Historical: 5.8 / 10. No longer an active program. Buyers seeking similar mechanics today should look at HomeLight Buy Before You Sell, Flyhomes, or Calque (The Trade-In Mortgage).
We'll model it against an appraisal gap and a fast-close mortgage commitment for your market.
Get matchedProgram launches, PSA revisions, and the two rankings shifts we think are worth acting on. No affiliate offers, no spam.