Project: Condominium Rehab and Sales Listing Table of circumscribe Executive unofficial 3 Project Proposal...4 Risk Management8 budge Management.10 end point.21 References..22 Executive Summary The family currently owns two unfeigned domain properties, a traditional mansion in and a condominium. The family would manage to complete updates and repairs to the condominium and list it for cut-rate sale. The mortgage departure is $28,000 and the listing price is $79,900. The projects duration was eighter workweeks with a bud go away of $2,500 and a realtors compensation of fundamental 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 land agent. Repair items include substitution an interior door frame, installing an exterior doo r, installing strong-armer tiles in one room, replacing electrical plates, and installing carpet.
Yvonne negotiated the deal for and installation of carpet for $1000. The physical repairs cost $300 toil 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 item upon the sale of the property. Market time for condominiums in this community is 6 months. at a time the property sales, the sponsors will return key the mortgage and the realt ors fee of 6 percent. They will bring in ! savings by no longer paying the homeowners connector 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 pocket-sized overrun of $300 repayable to unforeseen labor...If you want to get a full essay, position it on our website:
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