Are you losing real estate deals because of outdated kitchens and bathrooms? Do you have picky buyers who just can’t find a house they like? Do your buyers want to do renovations but don’t have the extra cash? We feel your pain as we have all lost Real Estate Deals because of these problems.
We have a solution for you. Why not offer your buyers the opportunity to customize their new house using a 203(k) Renovation Loan. Becoming part of our Affiliate Real Estate Program, specifically for Real Estate Agents in the Philadelphia area,, will help solve this problem.
In this article we will tell you how to never lose Real Estate Deals because of an outdated kitchen or bathroom again!
How Outdated Kitchens and Bathrooms Lose Real Estate Deals
Many buyers just do not want to purchase a house with outdated rooms. And many sellers do not want to invest in updating just to sell. But who wants a kitchen from the 80’s or a bathroom from the 70’s. These looks are not only outdated but tend to push buyers into looking for something more modern.
You know how it is, you show your buyers tons of houses in their desired neighborhood. They finally find a house in the perfect location, it’s the ideal size for their family, and is within their budget. But one or both of the most important rooms in the house are old and outdated. Of course we are talking about the kitchen, also called the heart of the home, and the bathroom. The buyers cannot see themselves living with these outdated rooms. The seller is unwilling to update or reduce the selling price, so your buyers chose to walk away and keep looking. And you have lost Real Estate Deals. Sound familiar? Keep reading….
How to Never Lose Your Buyer Again
No more worrying about an outdated kitchen or bathroom again; you now have an available solution. By offering your buyers the ability to customize their new house using a 203(k) renovation loan you will save many Real Estate Deals. A 203(k) loan allows your buyer to not only buy that perfect house but have all the renovation work done by a Renovation Contractor and do it using just one loan. Plus these loans are insured by the FHA. How exciting is that?
So now you can show your buyers just a few houses in their desired neighborhood knowing that the excitement of customizing parts of the house will lead them to making the decision to purchase. According to Mymortgageinsider.com (July 25, 2022), the buyer can borrow up to “110% of the expected market value once all work is complete, less the 3.5% down payment”. This solves the problem of them not having the cash to do the renovation work. Suddenly, you have buyers envisioning a new kitchen and new bathrooms. They see all the possibilities of the renovation and you now have a solid Real Estate Deal that will go to settlement.
Affiliate Real Estate Agent Program
Let’s solve those picky buyer problems together. Put yourself in a position to never lose a deal because of an outdated kitchen or bathroom again. We will partner with you. We are Matrix Company Solutions Corp. and have over 25 years of experience with 203(k) loan construction. We are currently offering an exciting program to all Real Estate Agents looking to not only grow their business but those who want to give their buyers the option to customize their new house. At this time we are looking to partner with Real Estate Agents in the Philadelphia area. There are many advantages to partnering with us on your 203(k) deals. Click here to check out what we will do for you and your buyer. And the best part of partnering with us: we are Philadelphia’s Number One Reno Contractor!
So what does all this mean? First you will have many more Real Estate Deals going to settlement; meaning you will be making more money. But just as important is the ability to get your buyers super excited knowing they can buy their dream home and it will be customized to their liking. Before you even show the house, you can let your buyers know there are outdated rooms, such as the kitchen or bathroom, but assure them they won’t have to live with it; that you already have the perfect solution. This makes you a Rock Star Agent.
So what are you waiting for? Click here for all the details or to sign up using our online form. Rather speak with an Account Executive, call us at 215-501-7566.
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