They will still need great agents to produce the best results!

Buying a home will probably be the biggest purchase of your life. Imagine earning airline miles for it.

That idea was the impetus for FlyHomes, an online real estate brokerage and platform that rewards house hunters with airline miles when they purchase a home. Today, the startup is coming out of stealth mode in Seattle, where it has been operating quietly since late last year, and launching a beta version of its product in Boston. FlyHomes plans to expand service to Silicon Valley in early June.

FlyHomes works with Alaska Airlines to provide homebuyers with miles that can then be used with a number of carriers. The startup purchases miles from Alaska at a discounted rate and uses an algorithm to determine how many miles each house is worth. FlyHomes’ goal is to be in the ballpark of one mile per dollar spent on a home.

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