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Selling Your Home?
Buyers want leverage.
Inspections give them leverage.
Appraisals reinforce their leverage.
Cost for repairs are high.
Knowing what to fix is harder.
Concessions aren't favorable.
Standard Deferment
Standard Deferment adds a fixed amount to the total cost of Service.
Standard Deferment Example:
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$3000 Labor | $2000 Materials
$5000 Total
Labor Deferment (20%)
Material Deferment (30%)
Total Due @ Closing
| $600
| $600
| $6200
Partnership Deferment
Partnership Deferment achieves the maximum reasonable value of a home.
Buyers want turnkey and flippers need a deal. What benefits you?
Step 1:
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Base Value
Assessment
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The base value is calculated in one of three ways:​
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1. Mutual Agreement
Seller and Super Curb agree on a value based on current condition and the local market value.​
2. Independent Appraisal
A licensed appraisal to reflect the current condition can be provided by a third party. This will be provided at the expense of the seller.​
3. Assess Current Offers
Third party offers on the active listing can be used to calculate the base value. (some exclusions apply)
Step 2:
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Renovation
Cost & Scope
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Different for each property, all sharing the same goal. Value.
A detailed list of renovations, materials, and timeframes will be outlined. The focus is high ROI alterations to maximize value.
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The total cost for service will be agreed upon (including deferment) and work can begin without a single dollar up front.​
Step 3:
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Profit Split
& Deferment
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The base value is added to the renovation cost.
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Once the sale price exceeds the base value + renovation cost, the additional profit is split 50/50.
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The buyer or the seller will cash in on the needed upgrades. We give sellers the leverage to win.
Partnership Deferment Example
To understand the value we create,
consider the following example.
Hal's property, though promising with its great location and potential, requires major repairs.
Hal
It needs new flooring, updated cabinets, and the landscaping has seen better years.
Housekeeping has been slightly neglected, and there's mold causing an unpleasant odor.
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Hal lacks the funds to make needed renovations and may have to accept less for his home.
Hals Home Stats
ARV (Turnkey) Market Value
$300K
The comparative value of your home against recent properties sold in close proximity.
Expected sale price.
See the partnership details for additional information.
Appraisal (As is) Market Value
$200K
The value of your home's current state. Cost for repair is the primary factor.
The concession value of items requiring remedy will exceed the cost to repair.
Closing Cost
$15K
Buyers pay 3 - 5 %. Sellers pay 5 - 10 %. Total Fees 8 - 15 %.
Avg. 8% - 15% of the selling price. Offers from flippers can't avoid this overhead.
Market
Renovation Cost
$90K
If local third party contractors provide renovations to to reach turnkey status.
Unless you are friends and family list, this will be the cost to repair with local pros.
Flipper
Renovation Cost
$65K
If flippers purchase your home, this is their assumed cost to renovate.
Flippers have a low cost to renovate. Closing fees & capital gains limit their offers.
Partnership Deferment
Base Value
$200K
The highest likely As-is sale price you can expect for your home. This will likely align with the appraisal value.
Renovation Cost
$55K
The total cost for all work performed. This is special pricing for Pay @ Close Partnership Deferments only.
Selling Price
$305K
This is the selling price of the home in its best condition. It exceeds the ARV with its valuable location and detail.
Deferment Total
$55K
+ 50% of profit
The total amount we collect at closing. This will be a fixed amount OR based on the final sale price.
The Numbers
Hals Deal with Super Curb
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$200k Base Value + $55k Renovation Cost.
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Hal starts making profit at $255k.
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Hal is paid 50% of earnings over $255k.
Hals House Flipper Deal
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Flippers will offer a maximum of $175k
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Hal will receive the lowest possible offer.