Think about it: you’re a buyer in today’s competitive housing landscape, competing against a multitude of other buyers where there’s tight inventory and high interest rates. There are less homes than ever to choose from and most are more expensive than the year before. Or, how about this: you’re a seller with a critical sell timeline and you want top dollar for your life’s biggest investment. But buyers are playing a waiting game, sidelined by high interest rates and high prices. The last thing you want is for your home to languish on the market for too long. Whether you’re a seller, a buyer, or an agent, it is more challenging than ever for everyone to get what they need. This is a never-seen-before market with post-pandemic factors still at play. But believe it or not, a seller’s home warranty can bring some relief and might even help you get the listing. And it also offers protection for your business. Here’s how a Seller’s Home Warranty can help close your listings faster and for more:
REDUCES ANXIETY ABOUT OUT-OF-POCKET EXPENSES FOR THE SELLER
Selling a home can be a time consuming, expensive endeavor. The last thing your seller needs, and the last thing you want as the agent, is to have a major system failure during the listing phase. A Seller’s Home Warranty helps with the repair or replacement of most major systems and appliances. You and your seller have enough things to worry about–don’t let expensive home repairs be one of them.
CONVEYS TO THE BUYER AT CLOSING WHICH OFFERS BUYER PROTECTION
Buyers love knowing there are protections in place for major systems and appliances after the close of escrow. Having a Seller’s Home Warranty in place that conveys to the buyer at closing makes this a non-issue. Especially when the home is older. This is a great selling point, so make sure you advertise your Seller’s Home Warranty on our free sign riders. This could be the difference between a buyer making an offer on your listing or moving forward on a competing one.
MINIMIZES AFTER-SALE HASSLES, WHICH PROTECTS YOUR BUSINESS
There is nothing worse than finally closing a sale only to be bombarded with unhappy buyers or sellers, or both. Protect your business after the sale with a Seller’s Home Warranty. Statistics show that 77% of home buyers experience unexpected maintenance and repair costs of $1000 or more within the first year of home ownership. Instead of upset clients calling you, they can now call Fidelity National Home Warranty to get the help they need quickly, along with great customer service.
IS PAYABLE AT THE CLOSE OF ESCROW
A Seller’s Home Warranty can be easily and painlessly deducted at the close of escrow. It’s a no-brainer. (Coverage varies by state, check with your Fidelity National Home Warranty local sales executive.)
KEEPS HOMES SHOWING WELL DURING THE LISTING PERIOD
It’s summer, it’s hotter than ever outside, and your listing just experienced an HVAC failure. This will not help your listing show well or sell well. With a Seller’s Home Warranty in place you can relax, knowing that repair or replacement is on the way.
COVERS MOST MAJOR SYSTEMS & APPLIANCES
Things like refrigerators, ranges, washers, dryers, hot water heaters, HVAC systems and others are covered. You can also add on options depending on the home and the state you live in. Contact your local sales rep for more details.
PROVIDES COVERAGE UP TO 180 DAYS, CLOSE OF ESCROW, OR TERMINATION OF LISTING
The commencement of coverage could not be simpler or more effective. Coverage varies by state, check with your Fidelity National Home Warranty local sales executive.
BEGINS COVERAGE UPON ISSUANCE OF A CONFIRMATION NUMBER
It’s that easy! Get your Seller’s Home Warranty ordered and receive a FNHW confirmation number in as little as 24 hours.
PROVIDES SERVICE WITH A LOW TRADE CALL FEE
Trade call fees vary by state, check with your sales rep for specific amounts.
MAY HELP YOU WIN THE LISTING
Depending on the type and scale of business you do, adding a Seller’s Home Warranty to your listing package could be the difference between you winning the listing….or not. As importantly, it can add extra incentive to buyers to check out your listing. Again, a Seller’s Home Warranty protects you, your seller and the buyer. It’s a win-win……win.