Realtors
- Construct it Yourself offers you a trusted cost-free way to raise the listing price and shorten the time on market for dated homes.
We Help You: - Renovate When Staging is Just Not Enough
- Take Listings You Might Otherwise Decline
- Turn 'Design' Suggestions to Complete Projects
- Work with Difficult Homeowners
- Get Top Dollar for Dilapidated Listings
The housing market is TOUGH right now
Changes to commission structures, perpetually high interest rates, and unrealistic seller expectations — amidst a "recession" — make this a brutal time to sell a house and make a profit.
More people face the reality that to sell a house with any urgency, they must put money into their home to refresh and modernize it; or lower the price. Similarly, buyers wanting to move to Central Texas are negotiating giant price drops because houses built pre-2000 are frozen in time and desperately outdated. Without enough new construction to drastically drive down prices, updated houses sell faster and earn their asking price.
Both buyers and sellers are caught on opposites of the same coin: inadequate houses/low prices. The worst part is that both sides lower the amount of money realtors stand to make, while also making realtors work harder. Which can lead to no one getting what they want.
Inadequate homes bring lower offers
When the obvious solution to selling a home is slashing the price or renovating, do you help the homeowner renovate, convince them to dump the property, or walk away from the listing?
Some realtors have a rolodex of handymen and trades people they will, or will not, recommend. Some realtors try to transform reliable handymen into general contractors and mostly fail, It turns out managing a multi-trade renovation and staying on time and budget is just not in most handymen's wheelhouse. Some decide to avoid the problem house all together. Some may refer to a General Contractor.
Great GC's are busy
Homeowners who look for General Contractors (GC's) find quality GC's are not interested in jobs 'that are too small', or are scheduled months in advance and feel expensive. That's because GC's charge 30% or more than working directly with the trade contractor.
Seeking the easy way, homeowners often accept the cheapest GC or try to DIY, both of which end up taking more time and money than planned, while leaving quality lacking.
Conduct It Yourself empowers homeowners to be Owner-Builders and bypass the General Contractor to work directly with trade (sub)contractors.
Studies show 80% of homeowners hire general contractors, and 85% of projects go over budget an average of 30% and take up to 20% longer than planned.
The numbers show an underserved need int he form of 80% of homeowners losing time and money because of thier approach to renovating.
Understandably, homeowners often lack the vernacular to communicate clearly or specialized knowledge to properly manage contractors.
That is why we have transformed the process and flipped the relationship in its' head to meet homeowner needs.
We work hand-in-hand with homeowners to guide the project step-by-step through planning, bidding, and completion.
Conduct It Yourself – Accelerate service relies on your expertise to suggest finish level and which parts of a property will benefit most from a refresh (i.e., where the greatest bang for the buck is).
You know the market and your clients tastes to this point. Through your relationship, they rely on you to guide them and trust you to choose the right aesthetic, if they do not know what they want. We leverage that expertise to expedite the planning phase, which can otherwise be the most time consuming phase.
The homeowner is the 'boots on the ground', taking some measurements, reviewing information, communicating and monitoring the work with us. The Conduct It Yourself team equips them with the systems, tools, and knowledge needed to quickly and confidently make the right decisions.
The price of our service is often less than the cost of a single price reduction of that stale property. Avoid the blood in the water that brings offers from low-balling sharks looking to exploit your clients' urgency.
At roughly 7.5% of the cost of their renovation, it pales in comparison to the over 30% that will needlessly be absorbed by a general contractor, and the quality far exceeds what the homeowner can expect to manage themselves without professional guidance. Conduct It Yourself––Accelerate offers one-on-one guidance, because time is of the essence and a single misstep can blow their profitability.
The math is simple: If a $600,000 house has the potential to sit unsold for 30 - 60 days before you risk lowering the price 5% – that's $30,000 off the top. And what if it sits another 30 - 60 days before lowering again, when finding buyers gets harder the longer a property sits on the market. The next 5% price drop cuts the price to 542,500 and with each price drop you keep losing commission. Not to mention the money you would have invested in showings, advertising, and other expenses related to carrying the listing.
No doubt, before ever listing the house, you will have assessed if a refresh can prevent price drops or extended time on market. An investment roughly equal to the initial price drop could make that house sell faster while keeping the sale price high. That means your commission stays high, while homeowners often recoup thier investment and can sell the house faster.
That benefits you both more than lowering the price AND having it sit.
This process is intense, requiring prompt commitment from homeowners to do their part. There will be forms to fill out, measurements to take, and decisions to make, which we guide every step of the way.
Because of the time involved in providing this level of personal project managment service, we are currently able to offer this to a small number of people each month.
Meaning, we are currently only able to help 25 homeowners each month get thier houses market-ready.
Slots fill quickly, so if you have houses that have been sitting too long or clients looking to make a fast move while maximizing your income and their profits, plese refer them and urge them to begin quickly.
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