Curbio Inc., the fast-growing real estate technology company that specializes in pre-sale home renovations, announced a working relationship with Berkshire Hathaway PenFed Realty, a nationally ranked full-service real estate services firm.
Curbio is one of the only turn-key solution that makes pre-sale renovation fast, easy and profitable for home sellers. The company renovates homes before they are listed so they can sell quickly for the best possible price and defers payment until the home is sold—with no deposit, fees, or finance charges. Founded in the Washington DC Metro Region, the company now offers its services in 12 cities nationwide, with plans to expand to 40 cities by the end of 2020.
Curbio's technology platform simplifies and accelerates every stage of the renovation, from the initial estimate to the materials acquisition and project management phases. Its on-the-ground Project Managers handle the renovations from beginning to end, including ordering materials, hiring subcontractors, and monitoring project progress. They communicate real-time photo, text, and video updates to homeowners and agents via the Curbio app.
"As part of our overall innovation strategy, we constantly seek to provide the most powerful and effective tools and programs to help our agents grow their business and achieve success. Our work with Curbio promises to take an enormous project like pre-sale renovation and make it faster, less expensive and simpler for sellers while maximizing the sale price and minimizing days on market."
— Berkshire Hathaway PenFed Realty Mid-Atlantic CEO and President Kevin Wiles
While some real estate brokerages have launched concierge-type services or vendor-matching programs to finance and/or facilitate renovation, Curbio is the only company that both defers payment and serves as the licensed design/build contractor.
"Curbio doesn't just defer payment until settlement, we're transforming renovation into an easy, on-demand service. We're helping homeowners across the country sell faster and make more money, without the stress of a typical renovation."
— Rikki Rogers, Vice President of Marketing at Curbio
Curbio, through its close work with Berkshire Hathaway PenFed Realty, will provide agents with an array of marketing resources and training to help them win listings and educate their seller clients on the benefits of renovating before selling their homes. Working with major real estate brokerages supports Curbio's strategic decision to work exclusively with homeowners who are represented by a licensed agent.
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