LABOR CREDIT PROGRAM
The Market Ready Process
As part of the program, listing agents have the ability to provide sellers with a labor credit that can help offset part of the labor needed to prepare the property for sale.
The listing agent chooses the amount they want to contribute toward helping their seller prepare the home.
A simple way an agent may explain the program to a seller is:
I want to help you prepare your home for market. I provide a labor credit to help improve your home's presentation and help make sure it reaches the market looking its best.
HOW PAYMENT WORKS
The seller is responsible for upfront material costs associated with preparing the property. The labor credit helps cover part of the labor expense involved in getting the property ready for market.
At closing, the listing agent's labor credit amount is paid through title from their commission proceeds, while any remaining labor balance is paid by the seller from the proceeds of the sale.
Jeffrey Carlston
Construction Specialist
Phone: 801-548-2627
Email: [email protected]
Inspection and Appraisal Repair Introduction: https://www.youtube.com/shorts/xo2R6Bvi3BQ
Market Ready Repair Program: https://nordichomerepair.com/marketready
