How often do you have home warranties on your listings?
How often do you write home warranties on your offers?
Which home warranty company do you prefer and why?
What is the cost for the warranty?
What is the deductable for the warranty?
25 years ago I had a difficult time "selling" warranties to my clients. They ran $600, were not very well known, and most people couldn't see the value in them. I had one client, however, who received 2 new furnaces in a 4-plex that saved him over $5,000!
Today, it seems, we have extended warranties on everything from palm pilots to refrigerators and my clients prefer more often than not to protect themselves from unexpected expenses. Two years ago, one of my client's garage door opener failed within a week of the closing. She got a new one. Then the dishwasher leaked and they totally replaced it! Three months later her garbage disposal failed and once again, you guessed it, she got a new one! She's my best spokesperson for home warranties!
Today, over 50% of my clients buying existing homes ask for the protection of a home warranty. Similarly, over 50% of my sellers are requesting the protection as well.
TMI is my current home warranty company of choice. They charge $395 with a $65 deductable. There is an additional charge of $55 is the seller wants the additional coverage of the heating & cooling while they have the property listed.
Home Warranties just solve problems. What do you think?
For info about Real Estate Anywhere in the World, please call:
Lucky Lang, SRES®, RFC, M.I.S.
Licensed in Florida & Iowa
Premiere Plus Realty, 886 Park Ave. #103, Marco Island, FL 34145
Cell: (563) 676-9031
Don't let this great Real Estate buying opportunity pass you by!!!