Knock, a fairly popular prop-tech startup offering people a way to buy and sell homes, is the latest company to get drawn to the center of rumors of a planned IPO. It’s recruited investment bank Goldman Sachs to advise it on a bid to go public, according to a Bloomberg News report.

Quoting the report, Knock is considering a plan to raise between $400 million to $500 million through an initial public offering. The prop-tech startup is also weighing a direct listing, or of course, the hot way to go public now which’s a merger with a special-purpose acquisition company (SPAC).

• In an interview with Bloomberg, Knock’s CEO Sean Black confirmed that his startup hired Goldman Sachs to advise it on its consideration to go public. Per chatters, Knock is aiming for a valuation in the ballpark of $2 billion on the public markets.

• Knock is a homebuying startup with its major offering known as Knock Home Swap, entailing lending money to customers to buy a new home while helping them shop around and sell their old ones. The design of this model is to help home buyers make non-contingent offers giving them an advantage in competitive real estate markets, according to Knock’s website.

• Knock was founded by startup veterans including someone who was a founding member of the popular real estate site Trulia. It’s part of a crop of startups that emerged to make real estate transactions more friendly to consumers, with others in that crop including Opendoor, Compass, and Offerpad, the last two of which are set to go public soon.

• Knock was founded in 2015. It’s raised more than $600 million in equity and debt funding over its existence. Its investors include Greycroft, Redpoint Ventures, RRE Ventures, Foundry Group, and FJ Labs.

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