$875,000

As-is price

Purchase price

$46,808

Renovations

$950,000

Sales price

Resale price

$28,191

Profit

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Scope of work

Flooring, baseboard & trim, interior painting, fireplace refresh, bathrooms refresh, kitchen new countertops and lighting enhancements.

Before & After

Summary

Meet Realtor Steve Mun. He had a 2bd/2ba listing in Santa Clara, CA, previously used as a rental property, and now its owner was looking to sell. The trouble for Steve’s seller was that the property had undergone a lot of damage while it was a rental, and it needed some work before hitting the market, so Steve turned to Revive. Revive was able to cover the cost of renovations for Steve’s client, provide renovation guidance, and supply the contractors, making it as easy as 1-2-3. Plus, the seller didn’t have to pay anything out-of-pocket and wasn’t hit with interest charges, added fees, or a credit check to qualify. After a kitchen and bathroom refresh, new flooring, paint, and some enhancements around the house, the property's as-is value shot up from $875,000 to selling for $950,000. With some modest renovations done in the right places, the sales price increased by $75,000, helping Steve’s seller increase his profit by $28,191 and increasing Steve’s commission by 12%.