A home seller's only competitive advantage is the condition of the home when seeking maximum market value. Compass Concierge helps sellers gain that advantage by covering the upfront costs associated with updating your home for sale. Here's a quick look at how Compass Concierge can improve a home's market value with staging. The before and after video shows the difference.
1 min read
In today's real estate market buyers are demanding move-in ready homes. Buyers are extremely well informed and have strong opinions about a home's peak market value. When a home is not in peak condition buyers tend to deduct 2-3 times the actual cost to bring the home to peak value. They don't want to deal with the hassle and are unsure of the actual cost. For sellers this means the condition of the home is really their only competitive advantage.
1 min read
Strategically improving the condition of the home achieves higher profits for the seller from the sale of the home. However, in the past, not every seller could afford the up front costs of these renovations. Determining which project to do, and which vendors to do them, presented additional obstacles for home owner.
Compass has created a process called Compass Concierge to solve this issue. The Compass Concierge program will pay the up front costs associated with preparing a home for sale. The costs are repaid from the sellers net proceeds at settlement. There are no interest charges, or additional mark up fees to the costs of the pre-sale renovations. The Compass agent helps the seller determine which projects represent the higher return on investment, and help find vendors to do the work for the seller.
Compass recently announced the following guidelines for the program.