Lennar Las Vegas creates New Home Trade-Up Program

Lennar Las Vegas

Las Vegas, Nev. – November 2016 – You can trade in your car and upgrade your phone, so isn’t it about time you can do the same with your home? Now you can with Lennar Las Vegas’ revolutionary New Home Trade-Up Program. Lennar Las Vegas has teamed up with Opendoor to create a new program that allows you to sell your current home at an agreed upon price to Opendoor and then purchase a new Lennar quick move-in home, all in a time frame that works for you. It’s a program that’s never been done before and a way to upgrade your life with a new home and a simplified moving experience.

“We are beyond excited about this new program, which makes it easier than ever to sell, buy and move into a brand new home,” said Joy Broddle, Division President for Lennar Las Vegas. “The current process for selling and buying a home can be complicated and puts a lot of obligation on families, such as keeping your home insanely clean, showing your home at inconvenient times and trying to sync the sale of your old home with the closing of the new home. This modern program eliminates those traditional hassles, is more transparent and actually gives the buyer more control.”

Similar to trading in your car for a new one, this is a revolutionary way for families to buy and sell homes. The process is simple and can be summed up in these six easy steps.

Step one is the fun part — choose your new Lennar dream home! Lennar’s Everything’s Included® homes include a high level of standard features, such as home automation technology, energy-efficient features like programmable thermostats, popular features such as stainless steel kitchen appliances, granite countertops and much more.

Step two begins with Opendoor.com/Lennar, a website that gives you a free offer to buy your existing home at an agreed upon price. Working with Opendoor is unlike any other home selling experience and you can sell your home entirely online. You can also sleep safely knowing that your Opendoor offer will be a transparent and competitive one, without the many hidden costs involved in a traditional sale. For the Lennar Las Vegas program launch, Opendoor is offering a reduced flat-rate fee of 6.5 percent for a limitied time only. This fee is similar to what you would pay a realtor to list your home, but WAY more convenient!

Step three, enjoy a seamless home buying and home selling process! Combining Opendoor’s selling process with Lennar’s buying process is not only easier, it saves you time. You can move into your new home in as little as 30 days.

Step four involves a timeline that’s designed for you. Lennar and Opendoor will time the closings of both homes so there is no need to move twice, board pets or put things in storage.

On top of all that, for step five, Lennar will even pay up to $2,000 for their preferred professional movers to move you from your existing home into your new Lennar home.

Step six…Enjoy an upgraded life in your beautiful new Lennar home!

Lennar Las Vegas’ new home trade-up program is designed to create a simplified and hassle free selling and buying experience. To learn more about the program or to receive a free offer from Opendoor on your current home, visit www.opendoor.com/lennar.

Lennar builds homes all over the Las Vegas Valley available in a variety of floorplans, designs, prices and locations. Find the perfect community and home for you today at www.lennar.com/lasvegas.

Opendoor, the consumer marketplace for homes, removes all the headache, uncertainty, and risk from buying and selling real estate. Headquartered in San Francisco with offices in Phoenix and Dallas, Opendoor was founded in March 2014 by Keith Rabois, an investment partner at Khosla Ventures, and CEO Eric Wu.

With hundreds of communities nationwide and homes designed for first-time, move-up and luxury homebuyers, Lennar has grown to become one of the nation’s leading and most respected homebuilders and proudly remains steadfast in their commitment toward quality, value and integrity. Lennar has a longstanding history of building exceptional homes in only the most well planned and desirable locations throughout the country.


*Lennar Homes, LLC (“Lennar”) and Opendoor Labs, Inc. (“Opendoor”) have a financial relationship with each other, in that Lennar has an  investment interest in Opendoor. Because of this relationship, transactions with Opendoor may provide Lennar a financial or other benefit. You are NOT required to use Opendoor as a condition for purchasing a Lennar home. THERE ARE FREQUENTLY OTHER PROVIDERS AVAILABLE WITH SIMILAR SERVICES. YOU ARE FREE TO SHOP AROUND TO DETERMINE THAT YOU ARE RECEIVING THE BEST SERVICES AND THE BEST RATES FOR THESE SERVICES. For additional information about each company, please visit their websites:   www.Lennar.com  and  www.opendoor.com . Opendoor will offer you the value it is willing to pay you for your home. Lennar makes no guarantee of the present or future market conditions and market values. Market rates are based on market trends and other factors and involve risks, variables and uncertainties that cannot be predicted. You should conduct your own independent analysis and consult your own accounting, legal and tax advisor to evaluate risks, consequences and suitability of a home purchase and/or sale. Lennar does not make any representation or warranty as to the Opendoor valuation process, fees, commissions, offers or performance of services. Opendoor combines engineering, data science and valuation models to determine the value of your home. Opendoor does not use appraisals. Timing of closings cannot be guaranteed. You may have to lease your existing home back from Opendoor for a limited period of time. **Reduced flat rate fee of 6.5% for a limited time only. Offer available on select homes if the purchase agreement is fully executed between 11/18/16 and 12/15/16 and closes and fully funds on or before 12/31/16. Purchase agreements fully executed prior to 11/18/16 are excluded. Offers, incentives and seller contributions are subject to certain terms, conditions and restrictions, which may include use of designated lenders and closing agents. Certain incentives could affect the loan amount. Offer good for a limited time only. Lennar reserves the right to change or withdraw any offer at any time. Prices subject to change without notice. Offer is subject to borrower meeting approval guidelines. Rates and terms are subject to change without notice. Contact a Loan Officer for financing details, or a New Home Consultant for home purchase details. Subject to Open-door terms and conditions. ***Available for the Trade-Up Program only: If you use a Lennar preferred moving company, Lennar will pay up to $2,000 in actual preferred moving company expenses; subject to seller contribution limits or other limitations imposed by your lender. Lennar reserves the right to change or withdraw any offer at any time. Price is subject to change without notice. Lennar makes no guarantee as to the availability of homes. Please see your New Home Consultant and home purchase agreement for actual features designated as an Everything’s Included feature, additional information, disclosures, and disclaimers relating to your home and its features. Stated dimensions and square footage are approximate and should not be used as representation of the home’s precise or actual size. Bay size may vary from home to home and may not accommodate all vehicles. Renderings are conceptual in nature should never be relied upon. Models/lifestyle photos do not reflect racial or ethnic preference. This is not an offer in states where prior registration is required. Void where prohibited by law. Greystone Nevada, LLC, NV Contractors License #0048844 and U.S. Home Corporation dba Lennar, NV Contractors License #0050808. Lennar Sales Corp. — Broker. Copyright © 2016 Lennar Corporation. All rights reserved. Lennar, the Lennar logo, Everything’s Included, the Everything’s Included logo, The Home Within a Home, , are registered service marks or service marks of Lennar Corporation and/or its subsidiaries. 11/16

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