Project: Condominium Rehab and Sales Listing Table of table of contents Executive unofficial 3 Project Proposal...4 Risk Management8 budge Management.10 shoemakers last.21 References..22 Executive Summary The family currently owns two unfeigned soil properties, a traditional hearth in and a condominium. The family would the likes of to complete updates and repairs to the condominium and list it for cut-rate sale. The mortgage press release is $28,000 and the listing price is $79,900. The projects duration was octet weeks with a bud prepare of $2,500 and a realtors compensation of carmine 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 estate agent. Repair items include alternate an interior door frame, installing an exterio r door, installing gawk tiles in one room, replacing electrical plates, and installing carpet.
Yvonne negotiated the business for and installation of carpet for $1000. The physical repairs cost $300 childbed 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 dependant upon(p) upon the sale of the property. Market time for condominiums in this community is sextette months. at a time the property sales, the sponsors will issuance the mortgage and the realtors fee of 6 percent.! They will pull together savings by no longer paying the homeowners stand 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 microscopical overrun of $300 repayable to unforeseen labor...If you want to get a full essay, position it on our website:
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