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Real Estate
Reply to "Any disadvantages to using Compass Concierge to prep for sale?"
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[quote=Anonymous][quote=Anonymous]A flipper crew is not a company. They are subs who work off the books. My crew I hired does estate sales, divorces, homes bought at auction and foreclosures mainly purchased by Small investors. They don’t do full renovations or anything with permits. My guys Basically looked quickly like a home inspector and punched out all the small easy to fix things that could be flagged. Then paint, deep cleaning. And yes they don’t care about issues. For instances daughter bedroom like three years earlier some rainstorm with wind water got in around AC unit and bubbled up Sheetrock. My possible lead paint pealing sunroom concrete floor painted over with heavy floor paint. Honestly I sold house one year ago and neighbor told me they absolutely love it. I am not doing lead abatement or root cause analysis to sell a home. Only think that is funny I literally had four Interior doors from 1955 all beat up I was going to replace. They painted and repairs doors as we are selling. Nothing major. Another think I had water in garage and cut bottom three feet of Sheetrock five years earlier was going to do new Sheetrock one day but they patched and painted. I was shocked how great it looked. I got a 3,000 quote all new Sheetrock in garage after I cut it. They patched it $300 bucks . These guys were from NY and suprised they have done Potomac mansions. They move in fit two to three weeks and crew bangs out house. I spent $3,800 on my 1,600 square foot house. It looked amazing. They even cleaned every mirror, washed all windows and scrubbed inside oven. [/quote] OP, this is a very reasonable approach. The Compass person I talked to was suggesting spending tens of thousands of dollars, which wouldn't be worth it. When we sold, we spend about $3K to repair things, paint most of the house, deep clean, restain the deck, and clean windows. I'm sure we made that back on our 3,600 sq ft home that sold for $1.225M. Once you start spending $10K, it's unlikely that you'll make that back. At that point, you're just making it easier for the agent to sell it for the same price it would have sold for if you didn't sink the $ into it.[/quote]
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