An Agent s Guide to Pre-Sale Renovation

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Marcia Hancock
5 years ago
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1 An Agent s Guide to Pre-Sale Renovation

There are many downsides to foregoing presale renovation, including: More days on the market and less negotiating power Lower sales price A higher chance of a

2 Why work with Curbio? Nationwide, sellers give up $28 billion dollars each year by selling cheap to flippers, investors, and wholesalers. Many sellers are reluctant to renovate because they think the hassle and costs will outweigh the benefits. As a realtor, you know that this is far from the truth. There are many downsides to foregoing presale renovation, including: More days on the market and less negotiating power Lower sales price A higher chance of a deal-breaking inspection Low-ball offers from flippers By working with Curbio, you and your sellers can avoid the hassle and upfront costs of pre-sale renovation and get the home on the market in weeks, not months.

How We re Different Curbio eliminates the biggest challenges of pre-sale renovation. Our renovations are fast, hassle-free, and don t require any upfront payment from your client.

From kitchens and baths to HVAC and mold remediation, Curbio does whatever is necessary to get your client s house market-ready.

3 How We re Different Curbio eliminates the biggest challenges of pre-sale renovation. Our renovations are fast, hassle-free, and don t require any upfront payment from your client. Sellers Pay for Renovations at Settlement We renovate homes before they re listed, and sellers don t pay for the work until settlement. No fees, no interest, no time limits. We know what buyers love. From kitchens and baths to HVAC and mold remediation, Curbio does whatever is necessary to get your client s house market-ready. We ve curated a portfolio of materials that we know buyers love, and we ll never upsell your client or convince them to do work that won t deliver value. Turn-key renovations. You and your client will never have to visit a showroom, step foot into a hardware store, or write single check. Your dedicated Project Manager that will handle everything: ordering materials, scheduling deliveries, hiring subcontractors, pulling permits, etc.

4 Why Agents Choose Curbio Win More Listings and Earn More Referrals. Agents face fierce competition not only from other realtors but from wholesalers, investors, and discount brokerages. Make working with you the best choice by offering Curbio as a unique value-add to your sellers. Plus, introducing Curbio s services will help you convert homeowners who have delayed listing because they don t want to, or can t afford to, renovate. Our stress-free renovations reduce days on market, increase seller proceeds, and maximize client happiness. They ll sell their home fast and leave the closing table with more money in their pocket -- you ll earn a referral source for life.

5 Why Agents Choose Curbio Avoid Losing Listings and Turn Around Failing Ones When you re working with a seller who is eager to get their home on the market, it s tempting to avoid a conversation about presale renovations and updates. Why delay getting the home listed, right? But the truth is that failing to advise your clients on the benefits of pre-sale renovation could not only decrease their proceeds, but also cost you the listing. Today s buyers are looking for move-in ready homes: more than 70% are afraid of purchasing a home that needs work. Move-in ready properties attract more buyers and ultimately sell for higher prices. When their outdated home sits on the market or receives low-ball offers, your sellers will blame you, and one unhappy client can cost you a lifetime of referrals. By leveraging Curbio s pre-sale renovation expertise, you re ensuring that your client sells quickly at their target price point. They ll love the results they get with Curbio (and love you for telling them about us). After we work with you to show sellers the benefits of pre-sale renovation, we eliminate the roadblocks to making it happen. With no upfront payment and no need for your seller to hire contractors, select materials, and manage the project, renovating before listing is fast and easy.

6 Why Agents Choose Curbio Don t waste your valuable time managing your sellers renovation. When a client needs to update their home before listing, do you find yourself serving as the general contractor chasing down painters and roofers, scheduling estimates, selecting materials, or even fronting money for renovation? With Curbio, you can take off your GC hat and focus on your day job. We handle everything so you don t have to: selecting and ordering materials, hiring subcontractors, and communicating with your client. As specialists in pre-sale renovation, we ve curated a portfolio of materials that maximize appeal and allow our crews to move quickly. Buyers will love the renovations, and your sellers will love the list price. And, of course, your clients won t pay for the work until settlement, so you ll never have to put your own funds at risk. We use innovative technology throughout the entire renovation process to accelerate timelines, reduce inefficiencies, and make the entire renovation process easy and painless for homeowner and their agent. While our Project Managers and Home Improvement Consultants each have decades of experience in home renovation, our company was founded by software visionaries who are using technology to help your project start quickly, run smoothly, and cost less.

7 Homes we renovate spend fewer days on market and sell at higher prices than the average listing. Curbio clients typically see a 200% ROI.

8 Success Stories Hanah Desherow Pearson Smith $40k investment $100k higher sale price Under contract for full list price within 3 weeks Leon Williams Long & Foster $65k investment $165k higher sale price Under contract for full list price in 3 days

9 Success Stories Cameron Dunlop Weichert $25k investment $95k higher sale price Under contract in 10 days Deidre Paige Keller Williams $50k investment $120k higher sale price Under contract in 2 days

The Process Call 844-944-2629 or visit for a

we ll virtually walk through the home with you

Based on our virtual walkthrough, we ll send

A Curbio Project Manager will call your client

10 The Process Call or visit for a free project estimate. Our video technician will capture a high-resolution 3D video of the property, then we ll virtually walk through the home with you and your client. Based on our virtual walkthrough, we ll send your client a proposal and contract. A Curbio Project Manager will call your client within 48 hours of contract execution and begin work within 5-7 days. Curbio is paid for our work from the proceeds of the sale at settlement.

Frequently Asked Questions But what if the home never sells? All homes will eventually sell, at the right price. We ll wait as long as it takes to get paid. There is no time limit.

Nope. There are no additional fees or interest charges. The only thing the homeowners pays us for is the home improvement project itself.

11 Frequently Asked Questions But what if the home never sells? All homes will eventually sell, at the right price. We ll wait as long as it takes to get paid. There is no time limit. We do require, though, that the list price of the house is reduced by 2% after 30 days on the market, and an additional 2% every 30 days thereafter. Are there additional fees or interest charges? Nope. There are no additional fees or interest charges. The only thing the homeowners pays us for is the home improvement project itself. We are paid for our work from the proceeds of the sale at settlement. Before we begin work, we make sure the homeowner has enough equity in the house to cover the costs, and we work with the agent to ensure that the renovations we plan on doing will result in a higher sale price, based on comps. What type of work do you do? We handle all types of pre-sale renovation projects, from kitchen remodels to roof repairs, bathroom upgrades to flooring replacement. Anything that s required to get the house move-in ready, we take care of. Our minimum project size is $15,000.

12 Let s get started. Visit curbio.com to access the resources, including webinars, co-brandable marketing materials, and tip sheets

Winston Ho (508) compliments of: Winston Ho Keller Williams Realty 124 Grove St, #240 Franklin, MA 02038

Winston Ho (508) compliments of: Winston Ho Keller Williams Realty 124 Grove St, #240 Franklin, MA 02038 Winston Ho (508) 613-2882 Winston@HoHomes.com compliments of: Winston Ho Keller Williams Realty 124 Grove St, #240 Franklin, MA 02038 selling your home It s all about you The home selling process Frequently