One of the first things most potential home sellers do is view their home with a critical eye to determine what, if any, changes or renovations they should make before listing. Buyers love a turn-key home and often a few simple changes can mean thousands of dollars in profit for the seller.
Currently, these sellers are finding it very difficult to find contractors and tradesmen to help make these changes. Most of the country is experiencing a labor shortage and this has made finding help for home projects extremely difficult.
Pre-listing renovation companies have emerged to fill this void in skilled labor. Working with real estate agents to identify the right kind of renovations, these companies will perform the work before the home is listed for sale and the cost of the changes is paid from the proceeds at the time of closing.
Sellers with equity can upgrade their homes without draining their bank accounts or maxing out their credit cards. There are companies that specialize in this and, work directly with real estate agents pitching these renovations as a value-added service to their clients.
Seeing the value of pre-listing renovations, some real estate companies have launched their own brands. One already offers a Concierge packaged service, and another is piloting a program of its own. Pre-listing renovation companies offer an easy way to address the needs of sellers ready to list their home who are in need of some upgrades to maximize their profit.