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We Kept Our Word in a Market That Didn't | Pre-listing Renovations paid at close.

11 minutes ago
2 min read

This has been the hardest market for sellers we've worked through. And it turned while several of our homeowners were mid-project, walls open, crews on site, plans already set.


We want to tell you what happened next. Not because it makes us look good. Because it's the reason we exist.


The promise we made

Every JCC pre-listing renovation construction agreement includes a simple commitment: when your home sells, you walk away with at least $20,000 or $30,000 more than you put into the renovation.


We put that in writing because the families we work with are usually going through something big. An estate after a parent passes. A divorce. A downsize after forty years in the same house. They don't need a gamble. They need to know the work will pay off.


When we wrote those agreements, the numbers were solid. Our as-is and after-repair values were based on real comps in a real market.


Then the market moved

Buyers pulled back. Homes sat longer. Prices that looked conservative in the spring looked optimistic by the time our projects wrapped.


On several homes, both the as-is value and the after-repair value came in lower than what we'd projected. In some cases, a lot lower. The renovations were done right. The homes looked great. The market just wasn't paying what it had been a few months earlier.


That put our $30,000 commitment underwater on paper. So we had a choice to make.


What it cost, and why we paid it

We honored every commitment. To do it, we cut our own fees by $50,000 to $75,000.


We won't pretend that was easy. It's real money for a company our size. It meant tough conversations inside our team and a leaner quarter than we planned for.


But the alternative was telling a widow, or a family splitting up an estate, that the promise only counted when the market cooperated. That's not a promise. The market shifting was our risk to carry, not theirs.

It was the right thing to do. We'd do it again.


What this means for pre-listing renovations going forward

For homeowners: our guarantee isn't marketing copy. It held in the worst conditions we've seen. If it held here, it will hold for you.


For agents: when you bring us a client, you're putting your name next to ours. This is what that means in practice. Your client is protected when the market isn't, and your relationship with them comes out of a hard season intact.


We're a little bruised. We're also proud of how our homeowners walked away. If you're working with a seller who needs a partner that keeps its word when it's expensive to do so, we'd love to talk.

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