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Compass Concierge
The hassle-free way to sell your home faster and for a higher price, Compass Concierge helps you maximize its value by fronting the cost of home improvement services like staging, flooring, painting, and more.
No upfront costs, no interest, no hidden fees — ever.
HOW IT WORKS
You and your agent work together to decide which services can increase your home’s value the most and set an estimated budget for the work.
When you're ready to start, your Compass agent will be by your side as you engage vendors and commission work.
Once the transformation is complete, your home will go on the market.
You'll pay for the services when one of the following happens — your home sells, you terminate your listing agreement with Compass, or 12 months pass from your Concierge start date.
COVERED SERVICES
Floor repair
Carpet cleaning & replacement
Staging
Deep-cleaning
Decluttering
Cosmetic renovations
Landscaping
Interior & exterior painting
HVAC
Roofing repair
Moving & storage
Pest control
Custom closet work
Fencing
Electrical work
Seller-side inspections & evaluations
Kitchen improvements
Bathroom improvements
Pool & tennis court services
Water heating & plumbing repair
Sewer lateral inspections & remediation
More than 100 other home improvement services
HOW IT WORKS
Inquire directly with a bridge loan lender, such as Better Mortgage or Freedom Mortgage, to see financing options and if you qualify.
Apply to get pre-approved for a bridge loan with the lender of your choice, while searching with your Compass agent for your next home.
If approved for a bridge loan, learn more about getting the first six months of your bridge loan payments fronted via the Bridge Loan Advance by Notable, an independent lender.
If needed, use your approved bridge loan to strengthen your bid on a new home.
Move into your new home while your Compass agent works to sell your current home.
Use Compass Concierge home improvement services to sell your home faster and for more money.
When your old home sells, simply use the proceeds to pay back the bridge loan and Bridge Loan Advance.
• IS YOUR MONEY TIED UP IN THE EQUITY OF YOUR CURRENT HOME?
If you want to move but your money is tied up in the equity of your current house, a bridge loan can help you secure funding to facilitate the transition to a new home — like for a down payment or mortgage payments. Once your current home sells, you can use the proceeds to pay the bridge loan back.
• DO YOU NEED TO MOVE WITHIN A SPECIFIC TIMEFRAME?
If you're relocating for a new job or other reason, a bridge loan can afford you the freedom to move on your own terms and secure a new house when you need to, without having to wait for your old home to sell.
• DOES YOUR HOME REQUIRE RENOVATIONS OR OTHER WORK?
Whether you're using Compass Concierge to increase your home's value, or are making improvements on your own, it may be easier to have construction work done when you're out of the house. A bridge loan can help you move faster so you're out of the house while those improvements are being completed.
• WHAT RATES AND FEES ACCOMPANY A BRIDGE LOAN?
The rates and fees for each bridge loan are determined by the lender. We recommend reaching out to a bridge loan lender directly to learn more. As a reminder, the bridge loan itself can be from any lender of your choice. If you are approved for the Bridge Loan Advance, it has a 0% APR for the life of the loan and has no additional application or closing fees.*
• WHAT IS COVERED BY THE BRIDGE LOAN ADVANCE?
The Bridge Loan Advance can equal up to 6 months of monthly payments and eligible closing costs incurred from the bridge loan.* Eligible closing costs include: (1) the dollar value of any points paid upfront, (2) origination or application fees where applicable; and (3) appraisal fees.
• WHO IS ELIGIBLE FOR THE BRIDGE LOAN ADVANCE?
The Bridge Loan Advance is available exclusively for qualified clients with a traditional bridge loan who are working with a Compass agent to sell their existing primary residence.*