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Reply to "Any disadvantages to using Compass Concierge to prep for sale?"
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[quote=Anonymous]Compass agent who has used the Conceirge program with clients and with my own home. There are no "cuts" arranged as anyone claimed. If there are any cuts, the agents must be paying them directly from their portion of the commission. I will say I use people from what some might call my "flipping team" and helped them get vetted and approved for the program. Just makes it easier for me to use them, and to get them paid at the end. The contractors are vetted and have certain license and insurance/liability requirements. I like the program, but it's really only as good as the agent managing it and the people they have working for them in the program. I think most are reliably good, although I'm sure with some issues pop up that may take longer or require special steps to be taken. That's just the deal with any house work. I will say most of the Concierge projects I do are smaller- like painting, cleaning out, and staging. That's what gets my clients the most bang for their buck. Sometimes, a kitchen or a bath if it's really needed. Buyers are picky these days! And if something isn't off market after 10 days, everyone seems to start worrying there is some bigger issue with the property. There is value in selling quickly! Concierge is really a free loan to do the work and preserve your capital until the property closes. I like free money to use for that purpose, so in my mind it is a great value. Just work with the agent to figure out the costs and what will really make a difference. My two cents. [/quote]
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