Torii’s mobile app allows house-hunters to search for a property, search comps, submit an offer and track their progress. 

Torii Inc. is a real estate brokerage and technology company that serves the Boston and San Francisco Bay areas. Started in the Boston area in June 2017, and expanded to include the Bay Area in January 2020, Torii has streamlined the home buying process from the traditional real estate transaction. 

Born out of frustration for an ineffectual and archaic system, Torii has reimagined the entire way people buy homes from top to bottom, search to close. Torii has created home buying for a new generation of buyers. 

What makes Torii unique? 

Torii’s signature is that it pays closing costs. The amount Torii pays is determined by the home’s purchase price and the required closing costs, and the average Torii homebuyer in the Boston area receives a closing costs payment of over $6,000. Torii typically pays for the real estate attorney, notary, underwriting, title insurance and other fees that the homebuyer would traditionally be responsible for paying.  

An Intuitive Platform for House-Hunting 

Aside from paying closing costs, Torii has a strong network of local partners who have proven to maintain flexibility, honesty and timeliness through home purchases. It is not unheard of for a Torii agent to write up an offer past midnight when a buyer decides she is ready, or for one of its lending partners to turn around a pre-approval within a couple of hours for an urgent deal. Torii’s partner relationships, coupled with the company’s forward-looking systems, allow for efficiencies that most real estate companies do not have. 

Zach Gorman

How does Torii improve the home buying experience? 

Torii was founded because buying a home can be a stressful, frustrating and scary process. One of us, Torii CEO James Rogers, experienced many issues during his own home purchase. Due to issues caused by vendors involved in the purchase, he was unable to close on time and had to spend a weekend in a hotel. His real estate agent was little help during the process and was still paid thousands of dollars in real estate fees. Rogers knew there was a better way. 

Torii’s intuitive platform allows homebuyers to search for a property, submit an offer and track their progress, all from their phones in the Torii app. Homebuyers have access to tools built by Torii that traditional real estate agents don’t  or won’t  share. Comps Chomper, for example, shows a homebuyer the same data a real estate agent would use to provide comparable sold properties when determining an offer price for a home.  

James Rogers

But homebuyers are not on their own: Torii also provides a Torii real estate agent who will go with the buyer on home viewings, discuss potential offer scenarios and negotiate an offer when the buyer is ready. The Torii real estate team continuously receives five-star reviews from clients for their flexibility, responsiveness and knowledge of the real estate market. 

The real estate industry has remained largely unchanged since the 1800s, and Torii has created a new way for home buyers: Torii is quickly becoming the new home buying standard. 

Zach Gorman and James Rogers are co-founders of Boston-based Torii Inc. 

Streamlining the Homebuying Experience

by Banker & Tradesman time to read: 2 min
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