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What About A
Home Warranty?
Sell with Confidence…
...Home Warranties can help give you a competitive edge. A
home warranty will reduce the seller's after-sale liability and the buyers will feel a
sense of security for the first year of their ownership of the home. Studies show that
homes listed with a home warranty have a better chance of selling faster, and for more
money!
Benefits of a Seller
Warranty
* It offers you, the seller, Peace of Mind--they'll know that
the warranted components of your home are covered while the home is for sale.
* Reduces the likelihood of future legal action caused by
an after-sale break-down.
* Provides coverage to the seller at no out-of-pocket cost
during the listing period*, except for a minimal deductible with their agreement to
purchase a one-year warranty plan for the buyer at closing.
* 74% of all sellers consider a home warranty "very
important" to a sale. (Source: Gallup Poll.)
* Helps to keep the house marketable by quickly repairing
covered components that break down while the home is for sale.
* Reduces the chance of a delayed closing due to a
breakdown of a covered component.
Benefits of a Buyer
Warranty
* It offers buyers peace of mind--they'll know that the
warranted components of the home they have just purchased are covered for one full year.
* Prevents large repair expenses for covered components
during the first year of ownership, protecting their cash flow.
* Reduces the chance of a delayed closing due to a
breakdown of a covered component.
* 79% of all buyers want a warranted home. (Source: Gallup
Poll).
* Provides the buyer with a network of qualified
contractors who are only a phone call away.
(*Subject to terms and conditions.)
I recommend that a warranty be included in the
transaction, if there are mechanicals that are out of warranty time. For the agent,
nothing is nicer than finding out, by mail from the warranty company, that work was
completed and paid for, and the buyer has received benefit from the warranty. And, how
happy one of our sellers was when, during their listing period, their furnace died. They
got a new one for close to the cost of the warranty and the deductible.
All home warranty programs are not the same. Read the
brochures and the fine print carefully before making your choices. For a copy of the
Coldwell Banker Home Warranty Brochure call Sheryl at 845-638-1081.
Seller Tips
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