All Forum Posts by: Rick Rudman

Hi Jacob,

I'm CEO of Curbio and as a relatively new (and exciting!) business concept I just wanted to clear up confusion and explain what we do. First, we have no partnership with Metropolitan. Many companies are trying to "re-market" Curbio's services - I'm not sure what their angle is.  

Curbio has completely modernized pre-sale renovation and is now operating in ten cities around the country. We renovate homes before they go on the market so the home seller can make a higher profit. We don't get paid until the home gets sold. We often get the "It sounds too good to be true" reaction. It's really very simple. We are the design/build general contractor and all we do is pre-sale renovation. So our company has the process, people and materials all lined up to renovate very quickly and with a laser focus on ROI. We are competitively priced for homeowners, who always make money on our renovation, and love the turn-key approach that reduces almost all the stress for them. We make our profit on labor and overhead efficiencies and on volume purchasing. We will do over 1,500 renovations in the next 12 months. We do work for investors as well, when it's a good fit. As the design/build GC we are more expensive than if you hired and managed subcontractors yourself. However, with our pay at closing model there is no cash outlay for renovation until the home is sold. This trade-off works well for many investors and gets them to a good bottom-line number. In addition, some investors make less on flips by using us, but save the cash and project management time to actually make more overall by increasing the amount of properties they can flip. It's always good to stay educated on the industry and I hope this helps explain our model.