Leading Tech-Enabled Brokerage Formally Launches in Cape May County After Selling Series of Multi-Million Dollar Listings

CAPE MAY COUNTY, N.J. – (May 22, 2024) – Houwzer, a Newfound Company and next-generation real estate brokerage, announced its official expansion into Cape May County. The launch follows Houwzer closing a series of multi-million dollar home sales in the area this spring at top dollar while saving sellers hundreds of thousands in commissions.

9301 1st Ave in Stone Harbor was among the numerous properties recently sold or put under contract in Cape May County by Houwzer. Listed at $6.5M, this well-known home situated on a massive 110 by 110 corner lot went under contract (over asking) after just two days on the market — blowing away the other active and pending comparables.

The sellers didn’t sacrifice service or expertise in achieving that high price either. Instead, they preserved their hard-earned equity by saving over $150,000 in traditional real estate commissions. “We’ve known Mike and Houwzer for many years and watched their success in Philadelphia and beyond,” said Dr. Michael Saltzburg. “Given the recent settlements by the large traditional brokerages and the National Association of Realtors, we felt like now was the opportune time to choose a firm like Houwzer, and we weren’t disappointed. Houwzer’s model is an absolute game-changer.”

Houwzer’s formal entry into the Cape May County market brings its proven model of securing the maximum sale price for home sellers combined with its full-service, tech-driven client experience and substantial savings. Since 2015, the company has helped sellers maximize profits with over $10 billion in home sales, while saving them over $500 million collectively through reduced fees and commissions.

“Cape May County has always been a target market for us, but the timing was never right,” said Mike Maher, the Cape May County native, who Co-Founded Houwzer and is the CEO of Newfound. “I was born and raised here so launching here has always been a goal of mine. We’ve turned down dozens of listings over the years, but with the experienced leadership of Trish Gesswein as our broker and lead agent, I believe now is the perfect time to bring our disruptive solution to the market. I think it will be interesting to see how the local brokerages and agents respond.”

Houwzer achieves maximum sale values by leveraging cutting-edge technology, pricing strategies, and highly-skilled salaried agents who are incentivized to advise for the clients’ best interest. This approach has resulted in an average 4.9 out of 5-star rating from over 4,000 client reviews online and a Net Promoter Score of 84 – considered world-class. For more information on Houwzer visit houwzer.com.

About Houwzer Houwzer is a next-generation real estate brokerage under the Newfound umbrella of real estate brands. Its full-service, salaried agents help maximize value while saving thousands when buying and selling. Houwzer’s proprietary technology is an end-to-end platform that streamlines the entire transaction from beginning to end with an integrated one-stop shopping experience. Since launching in 2015, Houwzer has saved home sellers over $500 million and helped clients buy or sell thousands of homes worth more than $10 billion. To learn more, visit houwzer.com.

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