E-Vantage Seller Programs

Elam Instant

1. Elam will make an offer to purchase the home from you.
2. Closing will occur as soon as 21 days up to 60 days for your convenience
3. All is in-house and local

Elam Advantage

1. Specialized listing team fully devoted to working with you and your agent.
2. Professional staging and photography to make your listing the best it can be
3. Top-notch marketing team puts your home in front of more buyers

Elam Prime

Elam Real Estate will:

1. Provide all above features of Elam Advantage
2. Assume project management of all repairs and improvements to get your home ready for listing:

• We will invest up to $15,000 in your home for repairs and improvements
• We will order a home and termite inspection to be performed
• We will create a plan for upgrades and repairs, based on inspections & reports
• We will obtain estimates with our preferred vendors and schedule work to be done
• We will manage vendors for you, as repairs are paid on your behalf
• We will provide a fully transparent accounting of ALL invoices / work completed

Requirements:

• You must have 3x the cost of the repairs in equity at closing (current mortgage statement required)
• You must have no outstanding liens that are significant enough to drop equity below 3x repair cost
• Additional 1% will be added to commission amount to cover project management expenses (commission is typically 6% and would be increased to 7%)
• No interest will be due on the investment of up to $15,000, unless the home is taken off market (Up to 180 days, after 180 days interest of 1% per month is charged)
• Once a home is taken off the market/inactive, the repair funds will be due within 10 days of the inactive date. If repair funds are not repaid within 10 days of inactive date, interest in the amount of 1% per month will be charged on funds due, retroactive to original listing date. 
• You must allow Elam Real Estate to use 'before and after' photos to market the home when projects are complete
• You must sign our Listing Reimbursement Agreement agreeing to the above terms
• You agree to use Elam to purchase your next home.