Get Started By Watching This Video To Learn What We Are All About.
Jim Mcinerney and his team rehab a 2 million dollar home and developed it to a 5.1 million dollar masterpiece, setting a neighborhood record by over one million dollars.
ELEVATE YOUR PROPERTY
No Hidden Costs
WHAT’S CONSIDERED AN OPPORTUNITY FOR PACIFIC ELEVATION?
In general – a 14% cash on cash return for purchases under $1,000,000. A 18% cash on cash return for purchases from $1,000,000 to $2,000,000. All returns are based on cash return after all expenses have been paid, and after rehab is completed. (Special conditions may apply to individual properties).
HOW DO AGENTS GET PAID IF THE PROPERTY IS IN THE MLS?
The agent who brings the deal to Pacific Elevation will split the CBB equally with Pacific Elevation upon close of escrow of the purchase by Buyer, subject to the overrides noted below. Upon close of escrow, the agent who submitted the deal will receive the following additional overrides from Pacific Elevation’s share of the commission, paid at the close of escrow: (i) for purchases with a sales price under $1,000,000, the override is $1,500; (ii) for purchases with a sales price between $1,000,000 and $2,000,000, the override is $3,000; and (iii) for purchases with a sales price over $2,000,000, the override is $5,000. The agent who brings the deal will have no control or input on the rehab once the property is purchased and closes escrow.
HOW DO AGENTS GET PAID IF THE PROPERTY IS NOT IN THE MLS?
Agent bringing the deal will receive the list side commission. Compass will be the buyer’s agent. Compass will write all off-market purchases with a single party agreement with 5% commission- split equally between Compass (as buyer’s agent) and the listing agent. Agents who brings the deal will have no control or input on the rehab once the property is purchased and closes escrow.