Hometap NPS & Customer Reviews | Comparably
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Hometap
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About Hometap's Brand

Hometap is a smart new loan alternative, enabling homeowners to be paid today for the equity they’ve accumulated in their property, without any monthly payments.

Brand at a Glance

60%
Customer Loyalty
2.5/5
Product Quality
2.6/5
Pricing
2.3/5
Customer Service

Hometap NPS

Hometap's Net Promoter Score (NPS) is a -75 with 0% Promoters, 25% Passives, and 75% Detractors. Net Promoter Score tracks whether Hometap's customers would recommend using the product based on a scale of -100 to 100.

Hometap Overall NPS

-75
NPS
0%Promoters
25%Passives
75%Detractors
Hometap Overall NPS

Hometap NPS Trend

-100
-50
0
50
100
Apr 2021
0
Apr 20210
Jun 2022
-50
Jun 2022-50
Sep 2023
-66
Sep 2023-66
Oct 2023
-75
Oct 2023-75

What is NPS

Net Promoter Score (NPS) is a management tool that can be used to gauge the satisfaction of a firm's customer relationships. NPS has been widely adopted as a key metric often linked to the revenue potential of a company’s product or service. The metric is based on customer responses to the question: "On a scale of 0 to 10, how likely are you to recommend the product to a friend?"

Those who respond with a score of 9 to 10 are known as Promoters, and are widely associated with behaviors that create value, including actively encouraging others to use the product or service. Those who respond with a score of 7 or 8 are categorized as Passives, and they are believed to be less likely to exhibit the value-creation traits of Promoters having a largely neutral effect on other consumers. Detractors are those who fall in the score range of 0 to 6 and represent dissatisfied customers of the product sometimes actively recommending against using the product.

Hometap Customer Reviews

What can this brand most improve?
They lie about timing. I made a deposit on something. They were well aware I had to be done in 5 weeks. No delay on my end. Followed up every week. They scheduled my notary signing then cancelled it. Which now put me into 6 weeks. I losing 3k deposit. Home tap is a joke

Hometap Customer Loyalty

60%

Customer Loyalty is a strong indicator of whether or not a customer will choose a brand repeatedly over a competitor that offers similar products/services.

60% of Hometap users/customers answered "Yes" when asked: "Would you consider yourself a loyal user/customer?"

Sign Up to see the full customer demographics data and the people that answered "Yes" when asked "Would you consider yourself a loyal user/customer?"

60
60%
40
40%
Hometap Customer Loyalty

Hometap Product Quality

2.5/5

Hometap has an overall Product Quality score of 2.5 out of 5 stars rated by its users and customers.

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Hometap Product Information

Hometap’s product quality score is a 2.5 out of 5 as rated by its users and customers.

Website
https://www.hometap.com/
Company Size
201-500 Employees

Industry

Banking and Financial Services

Hometap Pricing

Hometap ROI & Value For Money

2.6/5

Hometap has a value for money and ROI score of 2.6 out of 5 stars rated by its users and customers.

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Hometap Customer Satisfaction (CSAT)

Very Satisfied0%
Satisfied0%
Neither Satisfied nor Dissatisfied0%
Dissatisfied33%
Very Dissatisfied67%
Very Satisfied
0%
Satisfied
0%
Neither Satisfied nor Dissatisfied
0%
Dissatisfied
33%
Very Dissatisfied
67%

What is Customer Satisfaction (CSAT) Score

Customer Satisfaction Score (also known as CSAT), is a metric used to quantify how satisfied customers are with a company or brand’s products and services. The Customer Satisfaction Score is based on customers response to the question: “How would you rate your overall satisfaction with the service you received?” The score is calculated using the formula: (The total number answer of “Very Satisfied” and “Satisfied”) ÷ (The total response) x100, and it is generally displayed in percentages. Some of the main benefits of the CSAT for businesses are tracking retention, identifying happy customers and growing relationships, and gaining repeat business to build a sustainable brand.

Hometap Customer Service

2.3/5

Hometap has an overall Customer Service score of 2.3 out of 5 stars rated by its users and customers.

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About Hometap's Customer Service

Address

75 Arlington St, Suite 500, Boston, MA 02116


Website

https://www.hometap.com/

Hometap as an Employer

4.9/5

Hometap has a 4.9/5 stars for its overall company culture rated by their employees

  Hometap CEO
top
5%
CEO of Hometap

In the Top 5% of Similar Sized Companies on Comparably.

Consumer vs. Employees

Hometap scored a -75 for Net Promoter Score and a 76 for Employee Net Promoter Score. NPS gauges how likely a customer of Hometap would recommend the brand to a friend. ENPS measures how likely Hometap employees would recommend working at Hometap to a friend.

Net Promoter Score

-75
NPS Score
0%Promoters
25%Passive
75%Detractors

Employee Net Promoter Score

76
eNPS Score
79%Promoters
18%Passive
3%Detractors

Global Ranking Snapshot

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