In this episode of The Ambitious Broker podcast, Roger Hance is joined by Dalip Jaggi, Co-Founder of Revive. He shares Revive's business model, how it works, and how it has been designed to give both homeowners and agents the best deals for the property. He walks through the process for agents to get represented, as well as for homeowners to get listed. Dalip explains the obvious benefits of renovation but also the less apparent but impactful role of perceived value in getting the most profits for the sale.

HIGHLIGHTS

• Revive is a concierge and more for renovation
• Helping agents close more with more commissions
• Work with Revive: Benefits for homeowners and agents
• Renovations help bump up perceived value

QUOTES

Focusing on one aspect: renovations: Dalip: "We're really focused on just the presale, renovation aspect. And we have no interest, we don't want to be a mortgage broker, we're not a real estate agent. We want to stay in our lane and be brokerage and agent agnostic to this problem that lives today."

Revive's business model: Dalip: "(We offer) pocketbook in terms of financials and in terms of contact. We have the contractors. We front the money with no interest or any fees. Average agent receives 22% more in their commissions because that's how much the average we're bumping up the home. Homeowners, they're the ones taking the money to the bank with another 50, 100, 200, 300 hundred thousand dollars in new profit."

How Revive works contractually: Dalip: "We do one of two things. One, we file a deed of trust on the property and then escrow gives us a call to get that cleared, in which we then render out an escrow pay-off demand. Then, the second thing we'll do if it's under 30,000, I think you would appreciate this, Roger, we do then a UCC-1 filing."

You can reach Dalip through the links below:

• LinkedIn: https://www.linkedin.com/in/dalipj/
• Website: https://www.revive.realestate/
• Email: [email protected]

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Get to know more about Ambitious Broker at https://RogerHance.com.

You can also connect with our host and mentor, Roger, with the links below:

• Linkedin: https://www.linkedin.com/in/roger-hance/
• Call: (818) 718 - 3020
• Email: [email protected]
• Website: https://escrowtech.net/

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