Novations
Sell at full retail value — we do all the work.
How Novations Works
A novation is a partnership where Quelark takes full responsibility for preparing, marketing, and selling your property on the open market — at full retail value — and you share in the upside above an agreed baseline.
Is This Right For You?
- Owners whose properties are in good condition but don't want to deal with listings, showings, or repairs
- Sellers who need more than a wholesale or cash offer would provide
- Properties that need light cosmetic work before achieving retail value
The Process
- We agree on a guaranteed net-to-seller baseline price — the minimum you walk away with.
- Quelark invests its own money to clean, stage, repair, or improve the property as needed.
- We handle photography, listing, showings, and negotiations with retail buyers.
- At closing, you receive your baseline price; Quelark is paid from the spread above the baseline; and any remaining upside is split per our agreement.
Why Sellers Choose This Strategy
Full Retail Value
Top of the market pricing instead of a discount-to-resale wholesale number.
Zero Out-of-Pocket
Quelark covers all prep, repair, and marketing costs up-front.
No Showings or Hassle
We handle everything — you just sign at closing.
Aligned Incentives
Because we only get paid from the spread, we work hard to maximize the final price.
Common Questions
How is this different from a real estate agent?
An agent charges 5-6% commission and you pay for repairs. In a novation, Quelark covers prep costs and is only paid from upside above your guaranteed price.
What if the property doesn't sell?
Our agreement defines a maximum marketing period. If we can't deliver your baseline price, the agreement terminates and you retain ownership plus any improvements we made.
Who pays for improvements?
Quelark pays all repair, staging, and marketing costs. We only recoup when the property sells above your guaranteed baseline.
Important Note
This page is educational and describes how Quelark typically structures Novations transactions. Actual terms depend on your property and situation. This is not legal, financial, or tax advice — always consult a licensed attorney and CPA before signing any real estate agreement.
Ready to Explore Your Options?
We'll make you a fair, no-obligation offer within 48 hours. Tell us about your property and let's find the best solution together.