Project Plan: Condo Rehab and Sales Listing

Project: Condominium Rehab and Sales Listing Table of content Executive unofficial 3 Project Proposal...4 Risk Management8 budge Management.10 ratiocination.21 References..22 Executive Summary The family currently owns two unfeigned landed the three estates properties, a traditional foot in and a condominium. The family would homogeneous to complete updates and repairs to the condominium and list it for cut-rate sale. The mortgage electrical outlet is $28,000 and the listing price is $79,900. The projects duration was eighter hebdomads with a bud formulate of $2,500 and a realtors compensation of primaeval 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 switch an interior door frame, insta lling an exterior door, installing hooligan tiles in one room, replacing electrical plates, and installing carpet.

Yvonne negotiated the work for and installation of carpet for $1000. The physical repairs cost $300 parturiency 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 contingent upon the sale of the property. Market time for condominiums in this community is sixer months. at a time the property sales, the sponsors will com ing back the mortgage and the realtors fee o! f 6 percent. They will granary 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 down(p) overrun of $300 repayable to unforeseen labor...If you want to get a full essay, position it on our website: OrderCustomPaper.com

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