Compass Concierge is now in San Francisco | NorthernSF
Compass Concierge will change Selling a Home Forever.
What is Compass Concierge?
Statistics have shown that by doing basic improvements to a home, prior to selling, can dramatically increase your net sales price. Real Estate Agents at Compass San Francisco now offer a new service to our sellers called Compass Concierge.
Compass Concierge service offers sellers a tailored plan to update and stage your home for prospective buyers. We will cover the upfront costs associated with home-selling improvements and collect a fee for the services rendered at the time of the property’s closing.
House preparation services including home staging, painting, deep cleaning, decluttering and landscaping.
How does Compass Concierge work?
Our team will do a walk-through of your property and come up with a tailored project plan with suggested home improvements and updates to prepare your home for the market. You will then connect with licensed home improvement service providers to start the improvements.
Compass Concierge will pay the associated costs for home improvement work performed subject to your agreements with home service providers.
At the closing of the property, Compass Concierge will collect a fee that covers the cost of the work performed.
How will Compass Concierge benefit Sellers in San Francisco?
According to the 2017 Profile of Home Staging by the National Association of Realtors, 77% of buyers’ agents said staging a home made it easier for a buyer to visualize the property as a future home.
When staging a home, 29% of sellers’ agents reported an increase of 1% - 5% of the dollar value offered by buyers, in comparison to similar homes. 21% of respondents stated that staging a home increased the dollar value of the home between 6% - 10%.
Who can use the Compass Concierge Service?
The Compass Concierge program is available to all sellers with an Exclusive Listing Agreement with Compass. Properties that are short sales or foreclosures are not eligible for the program. Structural or construction services will not be covered.
Prospective sellers interested in participating in the Compass Concierge program must review and execute the Compass Concierge Service Agreement outlining the program services.
When do I pay for the Service?
When your property closes during the term of the Listing Agreement, Compass Concierge will issue you an invoice reflecting the total cost of services rendered.
Payment for the services will be collected using your preferred payment method at the earlier of (a) at the actual closing of the property or (b) the one-year anniversary of your participating in the program.
What happens if my house does not sell?
In the event your property does not sell or the Listing Agreement is terminated for any reason or no reason (including the property going off market), Compass Concierge will collect any actual costs incurred by the home improvement work performed (within 15 days).
Why is this a big deal?
As of December 2018, no other full service real estate brokerage in San Francisco is offering any of their sellers a way to help pay to improve their property for sale. Why should you spend the money up front to clean and stage your home when Compass will front the money for you?
How to get started.
Contact Matt Morgus from Compass San Francisco today at 415-361-9950 to get started.