Local comparable sales
Comparable homes help establish a market context. Differences in location, layout, condition, and sale timing matter. An assessed value is not the same as an offer or a current market valuation.
Condition and repair assumptions
A buyer considers what the home needs now and what work may be required for a later sale. Ask which assumptions were used and how the scope affects the proposal.
Costs, risk, and expected margin
Carrying, repair, and resale expenses can affect a direct buyer’s offer, along with uncertainty and an expected margin. This explains why a direct purchase may be below a renovated retail sale price.
Illustrative example, not a valuation
Suppose a hypothetical buyer expects a $240,000 resale price and allows $45,000 for repairs, $25,000 for carrying and resale costs, and $30,000 for risk and margin. That would leave a $140,000 purchase amount. These invented figures demonstrate arithmetic only; they are not Revolve’s fixed formula or an offer for your home.
What you actually receive
Your net proceeds also depend on agreed seller costs and your own payoff obligations. Request a written estimate from the title company and review the actual contract.