CPO stands for Certified Pre-Owned. The idea came from the Car Industry, which has been using CPO for 30+ years. We'd rather buy a CPO car from a dealership or Carvana for more money for the peace of mind it brings; so Rowena Patton created the CPO Home process in 2006. It means preparing and disclosing key information about your home before it goes on the market so buyers understand what they are buying upfront. This reduces surprises, renegotiation, and the risk of a deal falling apart later, which can happen up to a third of the time, leading to a 'stigmatized' listing. If you have a conventional listing - always consider the Certified Pre-Owned path, which most often leads to more money in your pocket, a faster sale, and a LOT less stress! CPO cars have a 56+ point inspection, Dealership warranty, and a Black book value. So why would we sell a home without this due diligence first? Dealerships created the CPO program for cars decades ago, because we would rather pay a little more for peace of mind. This is the same process we have applied to CPO homes, created in 2006. With a Conventional CPO Listing, the homeowner typically pays for the inspection upfront and, depending on market conditions, may also pay for the appraisal. The third tool is the home warranty, which is usually paid at closing. With CashCPO, the funding partner fronts the cost of the appraisal and inspection, along with the funds needed for any agreed cosmetic improvements or repairs. Get your full market offer at www.CashCPO.com(http://www.CashCPO.com) https://static.wixstatic.com/media/42481c_ddc11245ac71474db00313e17773cee5~mv2.png

Financial differences in short: With a Conventional Listing, the homeowner gets a contract, and waits for the inspection report and most often an appraisal from the buyers before essentially entering back into negotiations at that point. Credits or repairs with this option are usually considerably higher and there is much more risk of contract fall-out with the financial considerations therein. With a Conventional CPO Listing, the homeowner typically pays for the inspection upfront and, depending on market conditions, may also pay for the appraisal. The third tool is the home warranty, which is usually paid at closing. With CashCPO, the funding partner fronts the cost of the appraisal and inspection, along with the funds needed for any agreed cosmetic improvements or repairs. Conventional CPO is a traditional home sale with showings. Inspections, disclosures, and preparation are completed upfront to reduce risk, and those costs are typically paid by the home seller. Check the comparison chart to compare the net profit, or the money you put in your pocket, between a Conventional listing, a Conventional Certified Pre-Owned (CPO) listing, and a CashCPO listing. Once you enter your property, which takes about 5 minutes, we will respond with a comparison chart - similar to the one shown below - customized to your home, after doing a deep dive on the value. Many sellers decide to move away from a Conventional listing (see chart below) because of the estimated advantages of a faster sale and a higher net, with a lot less stress. The comparison sheet also shows the net on a FSBO or For Sale By Owner. Think of CashCPO as a cash out option added at the front of the Conventional CPO option CashCPO provides a full market value offer with no showings and no required repairs. It allows sellers to access most of their equity quickly and move on their own timeline. Closing can take place in as little as 14 days or as long as 90 days, depending on the seller’s choice. https://video.wixstatic.com/video/42481c_587a3c17f7a043c2b41e3b503895d5d1/1080p/mp4/file.mp4 With CashCPO, the seller may access up to 75% of the projected profit in Stage 1, with the remaining balance paid in Stage 2 when the home sells, minus a fee starting as low as 1.5%. Even with that fee, the seller’s net is often higher than with a conventional sale. When you meet with a Certified CPO Agent, you will be shown the four pathways below so you can easily compare the options and choose the one that best fits your goals. https://static.wixstatic.com/media/42481c_026a639b8d2746539fff19c6dd20a3a5~mv2.png Every offer or listing discussion includes a comparison sheet similar to above, to help you evaluate the right path for your home sale, whether that is FSBO, a Conventional Listing, a Conventional CPO or a CashCPO option. Ask your Certified CPO Agent to enter your property details and create your personal comparison chart, free and without obligation, or enter it yourself for a full market offer along with the comparisons at www.CashCPO.com.(http://www.CashCPO.com) Your Agent can get certified free by booking a call at www.6FigureAgents.com(http://www.6FigureAgents.com)

No. CPO is optional. It is one of several selling strategies we offer, and we help you choose the approach that best fits your goals, timeline, and situation. The vast majority of sellers choose the Conventional Certified Pre-Owned path to selling their home which many describe as a 'no brainer' once they understand the difference. All of our team members at AllstarPowerhouse are certified in the CPO process; as well as many of our network of colleagues around the country. Agents from any agency and anywhere in the USA can choose to get certified using our free Certification process. Find your agent here(https://www.cpoexperts.com/find-an-agent) https://static.wixstatic.com/media/42481c_026a639b8d2746539fff19c6dd20a3a5~mv2.png

Sellers and Agents hear about 'novations' and question the difference. These are very different business models. The simplest distinction CashCPO = seller keeps control and upside Novation = investor controls the deal and captures the spread They may look similar at a glance, but they operate very differently. CashCPO (seller-first structure) • Seller receives a real cash offer and then cash out upfront • Seller still lists the home on the open market • Goal is full market value, not an investor spread • Cash offer exists to remove fear and timing risk, not replace the market If the home sells on the open market • Seller gets market price • Cash offer expires unused If it does not (on the guaranteed sale option) • Seller can choose the cash option • All terms were disclosed from day one Seller always knows • The cash number • The retail target • The decision path Novation (investor-controlled structure) • Seller signs a novation agreement • Investor gains control of resale terms • Property is marketed by the investor or their agent • Final resale price determines investor profit Seller often • Does not know the final resale price • Does not know the investor margin • Cannot easily unwind the agreement Investor controls • Pricing decisions • Repairs or credits • Timing of closing The core difference CashCPO asks • How do we protect the seller while pursuing the best possible outcome? Novation asks • How do we control the asset long enough to extract a spread? The bottom line: • A novation transfers control of the sale to an investor. • A CashCPO offer keeps you in control while giving you a guaranteed backup plan, or an offer before even listing your home.