Project: Condominium Rehab and Sales Listing Table of circumscribe Executive unofficial 3 Project Proposal...4 Risk Management8 budge Management.10 finding.21 References..22 Executive Summary The family currently owns two unfeigned ground properties, a traditional abode in and a condominium. The family would care to complete updates and repairs to the condominium and list it for cut-rate sale. The mortgage government issue is $28,000 and the listing price is $79,900. The projects duration was octad hebdomads with a bud tolerate of $2,500 and a realtors compensation of scarlet tanager percent. If sold for the listing price, the expected revenue from the sale of the home is $49,400 less realtor fees of $4,794 leaving $44,606 to the sponsors. The project sponsors are the owners and the team consists of their son, a handyman, and a real demesne agent. Repair items include substitution an interior door frame, installing an exteri or door, installing yob tiles in one room, replacing electrical plates, and installing carpet.
Yvonne negotiated the swop for and installation of carpet for $1000. The physical repairs cost $300 limitation and $1500 in supplies. The realtor has a proven sales record and go out post photographs of the property on real estate clear sites, MLS, and Facebook. While the project is completed, the monetary benefits are contingent on(p) upon the sale of the property. Market time for condominiums in this community is six-spot months. at a time the property sales, the sponsors will retort the mortgage and the realtors fee of 6 percent. They will meet savings by no lon ger paying the homeowners connective fees, ! utilities, and insurance for the property. The project was managed sanitary closing one week in advance and with feel upgrades. The budget had a little(a) overrun of $300 repayable to unforeseen labor...If you want to get a full essay, position it on our website:
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