HomeSphere: Bridging the Gap between Builders and Product Manufacturers

These two key offerings are the result of a 19-year evolution of our guiding principle to create a powerful digital community of builders and product manufacturers that simplifies construction processes and improves ROI.

While there are numerous construction technology solution providers out there, what makes HomeSphere distinct?

We are in a class of our own. We are positioned to change the builder-building product-homeowner relationship. Currently, buying decisions are made based on long-standing relationships with a third-party distributor in a closed environment. Our platform is opening up this closed environment with a flow of informative data to all stakeholders along the entire value chain from home construction to ownership and beyond. Our platform delivers value to product manufacturers by enabling them to target builders for awareness-building and sales, while builders are connected with products that are suited to their geographical market, demographics, product price, and style. In a nutshell, HomeSphere is creating intelligent connections for both builders and manufacturers, opening up a one-on-one communications channel, and streamlining the buy-sell process.

Share a customer success story illustrating HomeSphere’s role in helping a client mitigate the challenges they faced?

Our unique data insights are helping many organizations clear major business roadblocks. An example of how access to this type of data changes thinking is our collaboration with a financial industry partner. The partner relies on credit scores to evaluate its buyers but does not use the same approach to evaluate homes due to the lack of data on the home itself. Clients now are evaluating how to use this new data on the home and products in the home in their evaluations. Home inspections are performed simply as a contract event between the buyer and seller, and the focus is primarily on either non-functional items or those areas at high risk for failure.

We stepped in and provided them with data on products used in construction. By using it, they were able to obtain insights into often overlooked aspects such as foundation and infrastructure work. Additionally, our platform also enabled them to compare product information to a product’s expected lifecycle or mean time between failure to predict maintenance bubbles, home quality indexes, and more.

Moving forward, give us some insights into HomeSphere’s landmark achievements and the company’s plan for the future.

HomeSphere is the winner of two construction technology awards and is lauded by customers across the country. With our platform, which leverages rebates and incentives to create a digital inventory of products used in every home built by a community of more than 2,500 participating builders, we intend to change how the homebuilding industry uses detailed channel data to the benefit of all.

As a natural extension of our rebate processing, we have also started digitizing the whole U.S. home inventory— home by home, product by product—throughout a home’s lifecycle. This drives collaboration and communication from the contractor to the builder, to the manufacturer, their sales teams, and finally to the homeowner.

In the days to come, with our highly-differentiated data on product usage, we are uniquely positioned to provide powerful insights to a wide market including builders, contractors, distributors, and building product manufacturers.