$900,000

As-is price

$111,755

Renovations

$1,100,000

Sales price

$88,245

Profit

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Scope of work

Flooring, baseboard & trim, interior painting, bathroom refresh, kitchen remodel, and softscaping.

Before & After's

Summary

Compass agent Rabia Alizai had a listing at 1160 Pomeroy Ave., in Santa Clara, CA. The property needed some work, so she contacted Revive Property Advisor Jon Salas to help her tackle the job. Rabia’s client had been dealing with personal and financial difficulties and needed to sell his home for the most money possible. Initially valued at $900,000, the property underwent a complete renovation totaling $111,755 that was fronted by Revive – a change from Rabia's traditional approach of funding and managing the renovations herself.

Some of the improvements included new flooring, a kitchen remodel, and softscaping. This partnership turned the seller’s pre-foreclosure situation around, leading to a sale price of $1,100,000 and netting him a profit of $88,245. The deal saved the seller from his financial struggles and increased Rabia's commission by 22.22%, highlighting the benefit of working with the right partners. The project yielded an ROI of 78.96% and helped Rabia’s client have a fresh new start.