Case Study: Compass achieves $22,860 profit on a Los Angeles home renovation with Revive Concierge

Compass boosts resale value by $130,000 with Revive Concierge

Revive Concierge worked with homeowners Alberto and Lilia, who were based in Mexico City, and their son Alex to overcome the challenge of renovating their tenant-occupied Los Angeles apartment from a distance. Their real estate agent, Adela Buzali from Compass, was navigating her first project using a home concierge service. Together, they needed a clear, managed plan to unlock the property's potential and maximize its appeal for a summer sale.

The solution from Revive Concierge involved a comprehensive renovation package that included new flooring, interior painting, a kitchen and bathroom refresh, and lighting enhancements. Revive provided an interest-free investment of $107,140 for the updates. This strategy increased the home's sale price from an as-is value of $785,000 to $915,000, generating a profit of $22,860 and achieving a 21.34% ROI for the homeowners, while also increasing the agent's commission by 16.56%.

Compass