$1,200,000

As-is price

$235,997

Renovations

$1,800,000

Sales price

$364,003

Profit

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Scope of work

Flooring, interior & exterior painting, deck enhancement, doors installation, bathroom remodel, and kitchen remodel.

Before & After's

Summary

Agent Marc J. Robinson of Keller Williams Beverly Hills and Revive Property Advisor Steven Feeko partnered together to overcome some property challenges they faced at an LA listing. Despite its prime location and significant equity, the seller was burdened by a red tag due to unpermitted work, and the team had to navigate through other challenging complexities to prepare the home for sale.

With the homeowner in need of a quick sale but lacking the necessary funds for repairs, he and his agent turned to Revive to help front $235,997 worth of renovations, interest-free, that included updates to flooring, interior and exterior painting, deck and door enhancement, as well as comprehensive bathroom and kitchen remodels, helping bring the property up to code and highlighting its full potential. The well-executed renovations increased the property's market appeal, leading to a sale price of $1,800,000 and securing a profit of $364,003 for the homeowner. The project yielded an ROI of 154.24% and resulted in a 50% increase in commission for Marc, along with a very happy client.