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EquityIQ™ for RealtorsAt Value-builders®, we are experts in getting you the most money possible for your clients homes. With our unique Equity IQ™ program, we repair, remodel; even furnish your listings to get them in prime condition so you can sell for more! Value-builders® pays for all the work, the owner does not pay or owe a penny until the property sells. When it sells, we share the net profit with the owner. With Value-builders®, your listings sell faster, you make higher commissions, your sellers make more money, and all with no added risk. Equity IQ™ ProgramWe believe most homes could be worth more with a little help, and Value-builders® is here to provide that help. With our exclusive Equity IQ™ program, we will pay to get your clients home in the condition in needs to get TOP DOLLAR. From basic repairs, paint and carpet, all the way up to full remodels, Value-builders® pays all the expenses, and gets the work done fast. When the house sells, we share the net profit with the owner between what it was worth before we did the work, and what it sold for afterwards. Your listing sells faster, you make more money, and neither you nor the owner assume additional risk.
Who can benefit from EquityIQ™?
Equity IQ™ is ideal for many types of homeowners:
- Families trying to get more for their house
- Owners trying to sell former rental properties in need of repair
- Banks looking to get more for their bank-owned properties
- Investors interested in doing fix-and-flips who do not have the time, money, or experience to do the work.
- Investors who do a high volume of fix-and-flips often find they make more money with Equity IQ™
- Anyone trying to sell a home in need of a remodel should contact us first to see how much more they could make without taking additional risk.
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EquityIQ™ Example :
Assume you have a listing that needs some updating, requiring new
paint, carpet, a new kitchen, and some new baths. We complete extensive
research on comparable properties in your area that have sold, and
together with you and the owner, we agree the house is worth $400,000.
We call this the reserve price. Value-builders™ determines it
will cost $25,000 to do the work necessary to get top dollar. We believe
(again, based on extensive research and over 15 years experience in
the appraisal business) the house will be worth $500,000 once the
work is complete. If the house sells for $500,000, the sale will generate
an additional $6,000 in commissions, the owner will receive an additional
$30,000, and all with no added risk! Here is a breakdown:
Here is a breakdown:
| Before Value-builders™ |
Sales Price:
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$400,000 |
Commissions (assume 6%):
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$24,000 |
Closing Fees:
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$6,000 |
Net Sales Price:
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$370,000 |
| After Value-builders™ |
| Sales Price: |
$500,000 |
| Remodel Expense: |
$25,000 |
Value-builders™
Fee:
(50% of the net increase before commissions and fees) |
$37,500 |
| Commissions: |
$30,000 |
| Closing Fees: |
$7,500 |
| Net Sales Price: |
$400,000 |
In this scenario, your client netted $30,000 more, the property generated
$6,000 more in commissions, and most likely sold much faster, all
without any additional risk on you or the owner's part. Keep in mind,
if the owner wants to complete the remodel hmself or herself, he or
she will likely spend 1.5 to 2 times the amount we do, because of
our experience and volume discounts. So the same remodel would likely
cost at least $50,000, far more than most owners are willing to spend.
In our experience, most owners do not want to spend a dime. You can
do the math yourself; it makes much more sense to choose Value-builders™. |
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