Unlike a concierge service, which makes the agent and the client find people to do the renovation work, Curbio assigns a dedicated project manager to handle the entire project from start to finish while providing all the materials and stock.
The venture backed PropTech company was founded in 2017 and has so far undertaken more than 1,000 projects. With a presence across 30 states, Curbio also works on the buying side by partnering with 800 brokerages and helping new buyers carry out pre-moving renovations.
Read more: Curbio deploys ‘no-contact’ renovation program in Denver
According to the company, real estate agents and their clients who have used Curbio have experienced an average of 60% faster renovation time, 58% fewer days on the market, and seen a $50,000 profit increase.
“There’s a lot of companies trying to be an all-in-one platform for buying and selling, but nobody was really tackling home improvement. Yet, if you look at all the surveys, nearly 90% of sellers do some work to their home before listing, so there’s this opportunity to really capitalize on that. It’s a huge market,” Mariani said.