Concierge Capital for Sellers
Upon aUent confirmation, ftnds will Je disJtrsed to sellers via a ConcierUe Capital eJit cardà virttal card will Je issued immediately and physical card will be delivered within ø business days. /sOlÚ dal_OsO;dto+od]OKs You will select vendors to complete the work on your Concierge project. Using Concierge Capital, sellers are able to pay vendors as work is completed. !otaJle is aJle to ma^e C deposits to yotr accotnt shotld yot need to pay a vendor via chec^à 2o process this, please send the vendor invoice to stpportŒnotaJlefiàcomà eposits can ta^e tp to Jtsiness daysà
HOW CAN CONCIERGE HELP YOU? ú
ConcierUe Capital, provided Jy !otaJle fronts the cost of home improvement services with no interest and no fees. Concierge is the hassle-free way to sell your home faster and for a higher price! To get funds directly in your hands, Compass has partnered with Notable, an independent lender to provide Concierge Capital, an interest-free loan.
COMMON USE CASES ú
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• • • • • • • • • •
Staging & Decor
Appliances LiUht fi{ttres
/sOlÚ!dsWT|!dsBJ_OdT _dpWbUœ.OlB|aObs tnds Jorrowed from !otaJle are dte at close of sale, or the first applicaJle milestone in yotr lendinU aUreement îfor e{ample, delistinU the home, if months pass from JorrowinU date etcà) When a Concierge listing is about to go into contract, sellers must notify !otaJle ø wee^s prior to closinU Jy emailinU stpportŒnotaJlefiàcom or by calling 833.615.0252. YOUR QUESTIONS, ANSWERED ú -tOpsWdb : Does applying for Compass Capital affect my overall credit score and future loan eligibility or hit my credit report? Answer: No ÛisshotldnosiapaKsshis ! -tOpsWdb : How long does the Concierge Capital application take? bpzOo : ost areyer|ntiK^Ý or some Jorrowers, additional doctments îmortUaUe statements, trtst aUreements, etcà) may Je rentestedà a^e stre|otrespondso!osaJleinasiael|aannersoenstreshingsarenos dela|ed.
; Pro]ects or fle{iJle tse of vendor
Landscaping elements
Painting
Open house materials
Inspection Items Moving & Storage
& many more! HOW C #! . CAPITAL WORKS ú Step 1: Apply For A Loan Work with your agent on a Compass Concierge refresh plan, budget and siUn an E{cltsive ListinU Ureement îEL)à Complete the loan application through Notable’s website at httpsÚææ concierUeànotaJlefiàcomæapplyæstart to determine loan eliUiJilityà Rentired fields in the application incltdeÚ listinU address, Compass agent, listing price, requested loan amount, seller contact name, email, phone number, birthday, social security number, annual income, and outstanding debt on the property. Please note Sellers must submit applications, having an agent do this on your behalf will delay application processing.
-tOpsWdb : Are there any upfront fees or interest? bpzOo : No! This is a no upfront fee, 0% APR loan.
*This information is collected for a soft credit check which does not WalBKs your credit score.
-tOpsWdb : What if my vendors don’t take debit card? bpzOo : !otaJle will allow sellerssoreKeiye ftnds directly in sheir Jan^ accotntà ll remaininU rentests after the first ĝ^, rentire proof of invoice pr estimate from the vendorà Please allow tp to Jtsiness days for deposits t o reach yotr accotntà WANT TO LEARN MORE ABOUT COMPASS CONCIERGE? ú Visit www.compass.com/concierge For any loan related questions, please contact !otaJle directly at stpportŒnotaJlefiàcom or call ø 615-0252.
fter yot fill in the application fields, yotr application will Je ptshed into reviewà ;ot will hear Jac^ from !otaJle within Jtsiness daysà Please note some applications may rentire ftrther ownership or deJt verification and additional doctments will Je rentestedà f yotr home is in a trtst or estate the leUal aUreements will Je rentired so please have those handy prior to applicationà Please note LLCs are ineliUiJle for ConcierUe Capital at this timeà /sOlÚUObs dbTWoaBsWdbœtbMp.O_OBpOM Once you are conditionally approved, your Compass agent will receive an attomatic rentest via email and te{t messaUe to confirm yot have a siUned E{cltsive ListinU Ureementà
Loans are provided by Notable Finance, LLC, NMLS# 1824748 and are made or arranged pursuant to a California Finance Lenders Law license. Loan eligibility is not guaranteed and all loans are subject to credit approval and underwriting by Notable. Compass is not a lender and is not providing loans as part of the Compass Concierge program.
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