#Breaking News and Compass Quarter 1 2019 Wrap Up

It just gets better and better….

Compassed welcomed 2,775 agents and 446 employees.
We added 49 offices
We helped 8,659 clients find their place in the world
and we’ve only just begun.

The Compass Concierge Program

How It Works:

• Our team will develop a tailored project plan with suggested home improvements and updates to prepare your home for the market.

• You will contract directly with home improvement service providers.

• Compass Concierge will pay the associated cost for home improvement work performed subject to your agreements with home service providers.

• At the closing of the property, Compass Concierge will collect a fee that covers the cost of the work performed.

Key Eligibility Criteria & Restrictions:

• The program is available to all sellers with an exclusive Listing Agreement with Compass. 

• Prospective sellers interested in participating in the Compass Concierge program must review and execute the Compass Concierge Service Agreement outlining the program services.

• Properties that are short-sales or foreclosures are not eligible for the program. Structural or construction services will not be covered

• Payment for Services:
  Invoices should be sent to your Compass Agent for payment by Compass. 

• When your property closes during the term of the Listing Agreement, Compass Concierge will issue an invoice reflecting the total cost of services rendered. 

• Payment for the program services will be collected using your preferred payment method at the earlier of (a) the actual closing of the property or (b) the one-year anniversary of your participation in the program.

• In the event that your property does not sell or the Listing Agreement is terminated for any or no reason (including the property going off market), Compass Concierge will collect any actual costs incurred by the home improvement work performed (within 15 days).

Interested in more information for The Compass Concierge program? I would love to assist you. You may call me at 206.819.4663, email me at Chris@SeatlesGreatestHomes.com or fill out the form below!

DID YOU KNOW?

DID YOU KNOW? U.S. consumer spending increased by the most in 7 months in October. (Reuters)

DID YOU KNOW? Millennial spending habits are a lot like the generations that came before them, they just have less money at this point in their lives. The group born between 1981 and 1997 has fallen behind because many of them came of age during the financial crisis. (Business Insider)

DID YOU KNOW?  The Fed is expected to raise interest rates a fourth time this year in December, but stated it would be ‘flexible’ on plans to raise rates. (CNN)

DID YOU KNOW? The Comptroller of the Currency, the Federal Deposit Insurance Corp. and the Federal Reserve have proposed loosening real-estate appraisal requirements to enable a majority of U.S. homes to be bought and sold without being evaluated by a licensed human appraiser, potentially opening the door for cheaper, faster, untested property valuations based on computer algorithms. It would increase to $400,000, from $250,000, the value of homes that can be bought and sold without a human appraiser visiting a property. (WSJ)