EASY PEASY
This is the acronym HW uses for offer presentation calls
What is HOP
6%
What is the HW Program Fee
The % sellers are netting additional proceeds on the Market Sale
What is 94%
The tool you take on your appointment
What is the Homeward Estimate tool
$500 per day penalty
What is the fee when a seller doesn't vacate after the 14 day lease back is up
This is the acronym used to describe the HW program - hint its also in your HW appointment record name
SBYL
14 days if no HOA
How quick can we close
% of Homeward sellers did not receive any other investor offers
33%
What do you need to submit for a price reconsideration
A market analysis
Already listed homes
What is a reason HW would not put in an offer
This is the % of equity the seller is able to unlock with this program
What is 89
$1,000 transfer fee in addition to a $10 daily
What is the cost for HW to take over utilities
This is the average % that the market sale price is higher than investor offers
What is 11%
Waived $495 Admin
The main HW buying parameters
What are home should be on < 5acres, not in a flood zone, year built 1950 or newer
Less than 90 Days
What is the expected days on market
7 days free, 7 extra days for a cost
What is the HW leaseback option
ACT IT OUT!
GIVE US YOUR BEST ELEVATOR PITCH
15 days after closing
What is when the first price improvement occurs
The process when you've submitted photos and video assessment, but still don’t see them being submitted to Homeward
If after 24 hours, you don’t see notes in Salesforce or you don’t get a Homeward Offer, please reach out to the investor agent and copy go@markspain.com
Chances are it’s outside Homeward’s buy box (lot size > 5 acres, condo, or flood zone)
$200k-1.5 mil
What is HW purchase price parameters
$4000
What is Seller Leaseback Deposit
ACT IT OUT
PRESENT A HW EST TOOL!
What are the steps for moving forward with an offer!
Occupied by Tenants with a lease
What is a reason HW would not offer