One way to increase your chance of a quick and successful transaction is the inclusion of a home warranty when selling a home. Learn more right here!

As a home seller, you want to sell your home as quickly as possible and receive the highest return on your investment. Let’s take a closer look at how offering a home warranty could help you reach those goals.

🏘️ Why offer a home warranty?

Most new construction communities offer a home warranty when a newly constructed house is purchased. You want to be able to compete with them when it comes to selling an established home.

New Construction home warranty - inside of home

πŸ“ƒ What is a home warranty?

There’s a difference between a homeowner’s insurance policy and a home warranty. It’s important to know the difference so that you can present the correct information to potential buyers.

A home warranty usually covers the first year that the home is in the hands of the new owner and covers things like major systems and appliances that need to be repaired or replaced. A homeowner’s insurance policy provides financial protection against things like crime, accidents, and weather-related issues.

A homeowner’s insurance policy is typically mandatory for buyers, but a home warranty is usually not a requirement. For this reason, adding a home warranty as an incentive is a selling point that offers the new buyer a cushion of comfort in case something goes wrong the first year.

πŸ’΅ How much does a warranty cost?

While we can’t give you an exact price because of area factors, we can tell you that most policies cost between $300 and $500 for a year of protection. The cost of the policy may seem like an addition to the sale that you don’t need but considering that it could be an investment that helps seal the deal on a sale, it may be worth the extra money spent.

Buyers become cautious when it comes to older homes because it’s hard to tell what kind of issues are waiting just below the surface. First time home buyers may prefer a newer home unless the addition of a home warranty acts as a buffer against future expenses.


home warranty - shaking hands over contract

πŸ“² Contact Brock Realty Inc.

We can help!
Your real estate agent is the best source of information about the local community and real estate topics. Give Brock Realty a call today at πŸ“² 941-313-1234 to learn more about local areas, discuss selling a house, or tour available homes for sale.

πŸ€” How does a home warranty work?

The warranty company has authorized service providers that offer assistance when a homeowner calls about an item that has malfunctioned. Typically, the warranty holder pays a service fee for the contractor to arrive, but they do not pay for the services that are provided for the repair.

There may be a deductible but when you consider that the cost of some repairs is in the hundreds of dollars, the deductible is a small price to pay. Choose a home warranty company that holds high standards when it comes to selecting service providers.

πŸ•΅οΈβ€β™€οΈ How do I find a home warranty company?

Choosing a home warranty company requires the same diligence that you would show when choosing any other service provider. Over the years, home warranty companies have received a reputation of being difficult to use, so you want to choose one that is highly rated and makes good on their promises.

You owe it to the new owner to be a thorough as possible when conducting research on home warranty providers. Start by asking your real estate agent who they recommend based on their positive experiences.

Compare prices between companies and gauge what systems and appliances qualify for coverage, deductibles, and exclusions. Choose a warranty provider whose terms and coverage are both clear and affordable.

Home warranty - couple looking at contract

🀝 Offering a Home Warranty When Selling a Home

Offering a home warranty when selling a home is a great way to offer reassurance to potential buyers that you are invested in making sure they are not left with unexpected expenses. You’re sending them the message that you care about the quality of the home and property.

By taking care of necessary maintenance and repair before the home inspection done by the buyer, you are setting the next owner up for success and providing them a good foundation for the use of the home warranty should it be needed.
Offering a Home Warranty When Selling a Home
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Offering a Home Warranty When Selling a Home
One way to increase your chance of a quick and successful transaction is the inclusion of a home warranty when selling a home. Learn more right here!
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Brock Realty Inc
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