Real estate purchases as they are today, have a very high transaction cost and none of the parties involved in a deal are happy. Whether you are a lender or a brokerage, a home buyer or an insurance agent, a seller or a title company – the time consuming and costly process leaves most parties wishing there was a better way.
Today, people can buy an awesome car (second biggest purchase of their life) with a few clicks. It is built to their specs and delivered to their door steps in a few weeks. Even our food (3rd largest expense in the developed world) is delivered to our homes, saving us time (and money). And yet, the average transaction cost of a US home purchase (largest lifetime expense) is about 10% and it takes upto 60 days before the deal is closed. This is unacceptable.
Our goal is to bring a digital first, modern way to execute real estate purchases and make it easy and seamless while reducing the total transaction cost and execution time.
“We want to modernize the way people buy, sell and own real estate by 2030.”
Like every company out there we have certain traits that define us and also act as our guiding principles to help us whenever we have difficulty in making decisions. These can be broadly grouped into the following and what each one means is further broken down, making a total of 9 guiding principles.
Take Ownership — Don't complain, assign blame, instead find solutions as if you own the company.
Solve Customer's Problem — They are the gods and pay for everything we have, worship them.
Create Exceptional Products — Create magical stuff that you will be proud of forever.
Magnify your Strengths — If you are a fish, let others climb the trees but take lead in deep waters.
Practice Humility — No one did it all alone, play to make the team win, help us win together.
Develop Tenacity — Unreasonable success is hard, learn to be comfortable being uncomfortable.
Act with Integrity — Speak the truth, do the right things right, not just because law says so.
Be Ultra Efficient — Use resources effectively, strive to produce results not count hours.
Actively Communicate — Ask questions fearlessly but politely, participate, push the boundaries.
Everyone has their own reasons for joining a particular company. This preference doesn’t mean one option is better than another, but just that your situation, personality, risk tolerance, personal ambition and what you want out of your time investment will dictate the ideal match.
We believe primary reasons (or potential benefits) to work in a startup are to 1. gain exponential career growth, 2. accelerate your personal career best and 3. acquire unreasonable wealth. We articulate this as follows and believe most arguments for joining us (or any startup) can be related to one of these categories.
You would get constant opportunities to grow and autonomy to chart your own path, oftentimes being in uncomfortable situations that force you to think on your feet and learn fast. This is just not possible in any process driven large entity (this includes all big tech names or large organizations).
This is the only way you can accelerate and achieve your career best in the shortest amount of time. (you can join a big tech and slowly build to get there in 20+ years but only if you out-compete other extremely talented folks at these organizations)
If there is a legitimate get rich quick scheme, this is it (but not so quick … it still takes some time). Recognizing and getting the opportunity is only part of the story, only you control how to maximize its benefits and those who stay the course for several years, success is inevitable (even if the startup fails). If you want to truly turbocharge your career in a relatively short span of time, there is just no other legal way but to work in an early stage startup.
So now that we have sold you on the fun ride, we suggest you think about the following to ensure you best balance the risk-reward if you do consider us.
Are people involved committed, are they taking any personal risk, would founders take cash compensation now or in future, are they putting their own hard earned money on the line or it’s someone else’s money, are they working full time or is this a side hustle, and if they are taking risks: how risky is it really (someone older is taking a significantly higher risk than someone right out of college).
Are the people involved persistent? how long have they been at it despite failures, are they no-matter-what kind of people or will they give up after a few years (life has a way to bend and break people), what sacrifices can or would they really make or have made?
Most startup pitch decks will have top down assessment of a potential market size, you need to combine the team vision to create your own bottom-up assessment of where the company could grow. You are looking for a long, narrow and hard but possible path that can go past the moon.
How far the imagination of the people involved stretches, higher the vision, greater the chance of unreasonable success. Don’t confuse this with a search for novelty, less than 2% of startup ventures have a truly novel idea (leave this to deep-pocketed companies) - most startups are merely solving an existing problem, just better or differently!
Is the company primarily focused on building an amazing product and helping the customers or the focus is more on hype, media, marketing and how much capital they have raised (which is also critical but with some caveats)
Is it a company in Europe with Founders sitting in Asia trying to build for Customers in the US or key people are sitting next to the customers? Being close to the market matters.
Is the world ready for this now or will it be in the next 10 years or this is a 30+ year pay off? Look for under a decade pay off.
Is the culture frugal, focused on improving product and helping the customers, do they have a realistic path to profitability or a lot of money is spent on fluff and hype takes the front row.
Think like an investor and make an educated assessment of what returns you may get by investing your time.
Bhumio has come close to dying multiple times and the product itself has been built from scratch several times with many pivots and a new tech-stack each time. Yet, every single time, we made it a tiny bit better. We course corrected only an inch - but we got a little closer to our end goal. People involved, have made sacrifices (both professional and personal) and we have learned to deal with continuous failures and difficult situations.
Present day super easy to use platform that our users rave about, is a result of persistent dedication and hard work by the team and we are just getting started. We are not saying its easy but its worth it. If you can find a better group of people to work with - go for it, otherwise this is your chance to potentially build something bigger than yourself - we suggest you give it due consideration!
We evaluate continuously based on the following three core points of view. We call it FIT:
Will this person move us forward as a team collectively or keep it about same or will end up slowing us down? Can the person do the job better than any of us, now or in near future or will the person Require significant training?
Is this person kind, has a strong character or a sense of integrity? if I am struggling with something, Will this person help me or watch from the sidelines? Would the person be comfortable the way we work? Does the person have a good personal work ethic?
What is this person’s best natural talent and is it something that would far outshine anyone else among us? If this person joined us, can we help this person develop their talent and become a star? Can we somehow facilitate this person to achieve their best?
Use one of the following avenues to reach out or indicate your interest in working with us even if there are no open publicized opportunities. If we are a match, we will come rolling the red carpet for you when the time is right.
We use AngelList for open and active job postings. You can see currently available positions at:
https://angel.co/company/bhumio/jobsSubmit your information using the following form:
https://forms.gle/jvrXKc24goUxvcrm8Non-public/all other opportunities:
Send your latest resume to jobs[at]bhumio.com.
Please contact us using the information provided below, and we will get back to you as soon as possible.
To verify a prior business relationship with Bhumio Inc. of a former personnel (employee, contractor, affiliate, service provider etc.), please use the following link to initiate a request. Typically such a request is made in connection with a background check, government request, prior employment/work verification, legal proceedings etc. Bhumio only confirms the dates & periods of engagement and no other information will be provided.
Non-refundable data processing fees per request per individual will apply regardless of the outcome. Bhumio will do its best to process your request in a timely manner (up to 30 days or less) but is not a guarantee. We will email the information to the payee’s email address.
We may also ask the requestor for additional information to establish their identity, legitimacy and reason for their request. Failure to provide this information, may result in denial of the request and all fees will be forfeited. By making this request, the requesting entity agrees to Bhumio’s Terms and Conditions and indemnifies Bhumio Inc. from all liabilities whatsoever
Note : This is the ONLY approved way to request this information. Please DO NOT directly contact or send any communication (email, phone call, chat, SMS etc.) to any current Bhumio individual(s) and/or business units contacts such as HR, Operations, Customer Support etc. regarding employment/prior engagement verifications or reference letters. All such requests will be ignored without any explanation.
