Sean Black, co-founder and CEO of Knock, talks about his announcement to take the company public in 2020. Knock allows homeowners to sell or trade in their home for a better one. Black says the company decided to announce its IPO plans two years in advance thanks to his affinity for the NYSE. The NYSE also reserved Knock's ticker symbol: KNCK. Black says the difference between Knock and a competitor like OpenDoor is that Knock will help homeowners purchase their next home, while OpenDoor will not. Black says OpenDoor also charges fees on top of the usual 3% for brokers.

Share:
More In Business
Housing Market Reports Are Here: April Insights and Economic Impact
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
Load More