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Real Estate News Real Estate News

Curbio: Renovate Your Home for Sale Now, Pay for It Later


Written By: Jaymi Naciri
Friday, July 05, 2019

nbsp;

Itrsquo;s all about the money, Honey.

According to HomeAdvisor, renovating multiple rooms in a home can cost up to 75,000 or more. Just want to do your kitchen? ldquo;The average cost of kitchen remodels comes in atnbsp;20,474,rdquo; with homeowners spending up tonbsp;ldquo;49,000nbsp;or more for high-end projects,rdquo; they said.

Enter Curbio.

Billed as an ldquo;affordable pre-sale home improvement solution for realtors and homeowners,rdquo; Curbio is a new real estate technology company that offers a home renovation service sellers dont have to pay for until after theyrsquo;ve sold their home. There is no deposit required, nor is there a finance charge or a credit score or income requirement, for that matter. The bottom line for sellers: They can reap the benefits of a renovated home by getting it market-perfect now, and use their profits to cover the cost.nbsp;

So, does it work? According to the company, thatrsquo;s a big ldquo;Yesrdquo; Per their numbers, using Curbio results in:

middot;nbsp;A 209 average renovation ROI for sellers
middot;nbsp;Homes that spend 58 fewer days on the market
middot;nbsp;A 50k average profit increase

How it works

nbsp;Curbio works together with sellers and real estate agents, assigning a Project Manager to oversee the homersquo;s renovation and handle ldquo;everything:nbsp;ordering materials, scheduling deliveries, hiring subcontractors, pulling permits, and serving as a single point of contact for the homeowner,rdquo; they said.

The company has announced marketing partnerships with real estate companies, includingnbsp;Better Homes and Gardens Real Estate Metro Brokers innbsp;Atlanta, and, most recently, Ebby Halliday Companies in Dallas, which includes Ebby Halliday Realtors, Dave Perry-Miller Real Estate, and Fort Worth-based Williams Trew.

Not yet nationwide

Curbio is not yet available to sellers across the country but is in expansion mode, with services currently available in several markets. Home sellers can partner with Curbio in:

middot; Washington DC
middot; Northern Virginia
middot; Maryland
middot; Orlando
middot; Philadelphia
middot; Southern New Jersey
middot; Atlanta
middot; Dallas-Ft. Worth
middot; Houston
middot; Phoenix

The next round of expansion will bring the companyrsquo;s services to Chicago.



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