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Technology has disrupted the real estate industry, and buyers and sellers have high expectations for a smooth, glitch-free experience. Never was this truer than during Covid lockdowns, when agents and brokers were forced to figure out, literally overnight, how to market properties virtually.
At Compass, the technology we embrace goes way beyond the virtual open house. In fact, we offer a program called Compass Concierge, designed to help our clients sell their home faster and for the best possible price. Because many sellers face the same issue over and over again—their money is tied up in their home and therefore it isn’t available to make upgrades to the property—we came up with a solution that gives Compass agents a true advantage over the competition. We are the only brokerage to be able to offer this program on a national scale.
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So, what is Compass Concierge? Provided by our lending partner Notable, this program allows Compass clients to apply for an interest-free loan, with no upfront costs or hidden fees. Using these funds, agents then help clients come up with a refresh plan, to identify the items that will successfully prepare their home for the market.
Here’s how it works:
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- Clients and agents decide on a home refresh plan, identify budget requirements, and sign an Exclusive Listing Agreement.
- Clients apply through our partner Notable, to request the desired amount to cover these services.
- Funds are advanced directly to sellers via the Concierge debit card, and sellers can begin to engage vendors.
- Costs are collected at the sale of the property, or other applicable milestone.
Common uses for these funds include staging and décor, upgraded appliances, new light fixtures, refreshed landscaping elements, painting, open house materials, inspection Items, and moving costs.
Our goal at Compass is to help clients sell their homes for higher prices, and in less time, which results in increased value for clients. In fact, we know that 55% of homes listed on Compass Concierge sell within 60 days, as opposed to 33% of all MLS listings.
To learn more about the Compass Concierge offering, please visit compass.com/app/concierge.
About Maryanne Elsaesser
Maryanne Elsaesser is known for individualized strategic planning and solving complex matters with calmness. Her clients say she is a "brilliant negotiator," tenacious, helpful, smart, creative, focused and has an amazing ability to read people. Consistent hard work puts Maryanne in the top 1% of brokers in the country. Maryanne is well-versed in contractual elements and understands the intricacies of navigating the most profitable net gain in each transaction. She can be reached at 551.206.9264 or maryanne.elsaesser@gmail.com.
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