In the dynamic world of real estate, standing out in a crowded market is a challenge many sellers face. Corcoran’s innovative RealVitalize program offers a compelling solution, providing sellers with an opportunity to enhance their property’s appeal without the immediate financial burden. This unique program partners with Angi, formerly known as Angie’s List, to offer home improvement resources during the listing period. Here’s a deeper look into what makes RealVitalize a standout choice for sellers.
What is RealVitalize?
RealVitalize is a program designed to assist home sellers in making necessary improvements and staging their homes effectively, all with no upfront costs. The expenses for these services are settled at closing, ensuring sellers can maximize their home’s market potential without initial outlays.
Key Benefits of RealVitalize:
- No Upfront Costs: Sellers enjoy the benefit of home improvements without the need to pay upfront. Costs are covered by the program initially and are repaid from the settlement proceeds at closing.
- No Interest Fees: The program offers these services interest-free, which can be a significant saving and relief for sellers.
- Access to Top Professionals: Through Angi, sellers gain access to a network of pre-screened, highly-rated home service professionals, ensuring quality work and reliable service.
How It Works:
- Consultation and Enrollment: An agent introduces the RealVitalize program during a listing consultation. Upon agreement, the seller signs a participation agreement.
- Project Execution: A dedicated Angi Project Consultant coordinates with selected vendors to carry out the needed improvements, managing the entire process to ensure timely and satisfactory completion.
- Settlement of Costs: The costs incurred are then settled from the sale proceeds at closing. If the sale proceeds are insufficient, the seller must cover the shortfall within 15 days post-closing.
Ideal Scenarios for Utilization:
- Pre-listing Enhancements: To address any issues that might affect the property’s marketability and price.
- Reviving Stale Listings: To refresh the property’s appeal if it’s been sitting on the market for an extended period.
- Post-inspection Renegotiations: To handle any necessary repairs identified during the home inspection process without burdening the seller with immediate costs.
Program Accessibility:
RealVitalize is available nationwide, with exceptions in states like Rhode Island, Delaware, North Dakota, South Dakota, and Louisiana due to specific regulatory restrictions. All residential properties with active listings qualify, except for undeveloped land and properties under certain distressed conditions like foreclosures or bankruptcy.
Conclusion:
Corcoran’s RealVitalize program empowers sellers with a practical and financially sensible tool to enhance their property’s value and appeal. By removing the upfront cost barrier and providing access to top-tier home improvement professionals, RealVitalize not only simplifies the selling process but also potentially increases the property’s market value, benefiting both sellers and agents. For those looking to sell their homes in today’s competitive market, engaging with RealVitalize could be the strategic advantage they need.
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Jupiter Dream Life Team | eXp Realty
Team Lead — Heather E Towe, PA
Broker Associate, REALTOR®, CRS®, CLHMS®, e-PRO®, PSA®
(561) 778-1642 | hello@jupiterdreamlife.com
Licensed to Sell Real Estate in Florida
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