New Online Marketplace for Consumers Is Also for Remodelers

Free leads for good behavior 

January 19, 2018

Home improvement finance company Renovate America is launching a new online all-in-one marketplace designed to help connect homeowners with contractors and get financing. And while the marketplace is for consumer use, the benefits promised to remodelers are substantial. For one, it’s another channel through which to generate (free) leads. Renovate America expects “tens of thousands” of property owners to visit the platform monthly. 

“Our marketplace helps contractors stand out from the competition and be seen by more qualified homeowners,” a spokesperson for the company told Pro Remodeler, adding, "Every listed contractor gets a personalized storefront page, giving customers the ability to reach out to them directly via a contact form and phone number.”

But getting a marketplace listing isn’t guaranteed, and it isn’t a matter of money. Being listed is free, but only if the contractor is qualified. “Contractors need to register with Renovate America and then be approved through a background evaluation to validate that they are good actors,” the spokesperson explains, adding that search results will ultimately be organized by job type and how well remodelers offering those services have performed for clients in the past. 

By establishing a vetting process, Renovate America hopes to counter some of the hesitation homeowners have shown about hiring a contractor found online (something other companies such as HomeAdvisor are also trying to do). It hopes to pass the benefits on to contractors. 

“Our quality testing is good for a contractor’s exposure,” the spokesperson says, “and especially so given that these business leads convert at a higher rate than industry average.” 

About the Author


About the Author


James McClister is managing editor for Professional Remodeler.

Comments

Great article. Contractors be careful when signing up for this program.

Great projects take a great client - and yes - a great contractor - and.... you seem to be forgetting where this all begins - a great architect. We have programs for lenders that can put together guarantees that there will not be cost over-runs during a project - one might think that'd be valuable to lenders. Let clients benefit much more by getting them started with their architect.

Hi Scott, 

Thanks for the response! It has me intrigued. I'd love to hear a little more about why contractors should be careful when signing up. Please email me at jmcclister@sgcmail.com(link sends e-mail)

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