DreamStyle iBuyer Program
Have you found yourself in a situation where you need to sell your home but haven’t updated or replaced the home’s major components like roof and AC? Have you come to understand the financial impact this will have on your bottom line at closing? Have you considered an instant offer program like our Keller Offers iBuyer program but found the fees associated with it just too high?
Then maybe you should consider our exclusive DreamStyle program, where we work with local home investors who are looking for properties just like yours to purchase, remodel and sell.
DreamStyle allows us to introduce your home’s potential to our investor partners. We do this by determining an ARV (After Renovation Value) of your home.
After an ARV is determined, we introduce your home to Investors, who will determine the purchase costs, remodel costs, and sale costs to see what kind of offer makes sense.
Why do our investor partners want to buy your home? They know the Home Solutions Team takes this one step further by promoting our DreamStyle program to buyers worldwide. In many cases, we can pre-sell a DreamStyle home to one of our buyers before the Investor ever has to put it on the market.
Like in an instant offer scenario where the iBuyer must consider a spread for profit in their purchase offer price, investors will do the same. But the high fees that are associated with an instant offer company are avoided in this scenario. Because we have been able to pre-sell your home to our investor partner, your selling costs are
DreamStyle Profit Share Program
When an Investor is looking to buy properties to flip, they must consider many things. The Investor must consider purchase costs, remodel costs, holding costs, and selling costs. The total costs involved in purchasing, remodeling, and then selling a home determine the maximum amount an Investor is willing to pay for a home. Let’s assume your home needs a new roof, new HVAC, new flooring and paint, and maybe new appliances. With those items addressed, your home’s ARV (After Renovation Value) would be $240,000. In this scenario, an investor will likely limit his offer to no more than $150,00 for the home, here’s why:
If an investor determines it will take about $40,000 to remodel the home, buying and selling expenses are about $24,000, and the purchase price is $150,000, he will have invested $214,000. If the ARV is $240,000, he is anticipating a potential profit of $26,000. In almost all cases, an investor will not touch a project if the profit is less than $20,000. Our Seller would have profited about $24,000 selling their home to an Investor in a recent example. With our DreamStyle Profit Share program, that seller profited close to $40,000 instead!