Gone are the days of homes flying off the market regardless of their condition. Buyers are definitely still out there and inventory is low so now can still be a great time to sell your home. But, buyers today are looking for a specific type of home, at least in the Napa market (remember, real-estate is hyper-local). Even though sales have declined year over year, some homes here are still selling fast (within days) and receiving multiple offers. So what's the secret to selling fast and at a higher price? 3 magic words...MOVE-IN READY.
Buyers, especially millennials who now comprise 43% of the population, are looking for homes that they do not have to invest more money into, and that show beautifully. Among the millennial homebuyers, 70% will choose a smaller move-in-ready home over large homes that need work done on them. One of my favorite programs at Compass is our Concierge program which allows you to transform your home into the move-in ready home buyers are waiting for without having to pay anything up-front. With limited inventory right now and plenty of eager buyers, your home is guaranteed to get noticed if you present it well and price it right. This collection of homes have all gone into contract fast, in under 20 days, and you can see what almost all of them have in common: they are move-in ready and show well. View Collection
Compass Concierge allows you to borrow money, interest-free, so that you can make renovations, repairs, and so much more. Traditional Concierge allows you to collaborate with your Compass agent to decide which projects will increase your home's value the most and set an estimated budget for the work. When you are ready to start the work you choose your own vendors and commission them to do the work. Once the transformation is complete your home goes on the market. You'll pay for the services when your home sells.
With our newest Concierge offering through Revive, you can have your home renovated without lifting a finger. Revive provides a professionally curated, turn-key experience where they do everything from formulating a renovation strategy and budget to providing vetted contractors to do the work. They front all of the costs for pre-sale renovations, focusing on getting you the highest ROI when you sell. It's a win-win!
Here are some quick stats on Revive:
- 92% of Revive projects sold for $74K or more above the projected renovation value
- Revive renovations were completed 65% faster than self-managed renovations
Why Concierge?
- 70% of buyers would sacrifice square footage for a move-in ready home
- Home sellers often lose out on 15-20% of their potential profits when their homes are not renovated or move-in ready (Revive)
- $400 the potential return of every $100 you invest in staging your home
- 53% the percentage of sellers' agents who say staging decreases a property's time on market
If you'd like to learn more about how Compass Concierge can help you sell your home fast, even in today's market, I'd love to tell you more about how I can help. The coffee's on me! 
Share:
