Why REALTORS Give New Homeowners a Home Warranty as a Gift or Incentive
Should REALTORS offer a Home Warranty Plan to New Buyers?
When buying a home, the excitement of finding the perfect place can quickly be tempered by the financial realities of maintaining it. Unexpected repair costs can add up, especially during the first few years of homeownership. This is where a home warranty comes in as an invaluable gift or incentive from REALTORS. Many real estate professionals offer home warranties to new homeowners as a way to provide peace of mind, protect against surprise repair costs, and even make the buying process more attractive. Here’s why REALTORS like to give new homeowners a home warranty.
1. Providing Peace of Mind for New Homeowners
The prospect of moving into a new home is thrilling, but it can also be overwhelming. New homeowners are often anxious about potential repair issues, especially if they’re purchasing an older home. Offering a home warranty coverage as part of the deal is a thoughtful gesture that can ease these concerns. A top rated home warranty offers protection for systems and appliances in the home, such as HVAC systems, plumbing, electrical work, and major appliances like refrigerators and dishwashers. With a warranty in place, homeowners can rest easy knowing they are financially covered if any major systems fail within the coverage period.
2. Attracting Potential Buyers
For REALTORS, offering a home warranty as an incentive can make a property stand out in a competitive market. Many buyers are looking for ways to minimize the financial uncertainty of homeownership. By offering a home warranty plan, REALTORS give potential buyers an added layer of confidence that they won’t face unexpected expenses shortly after purchasing the home. This can be especially appealing to first-time homebuyers who may not have significant savings set aside for repairs. A home warranty can help make a property more enticing, which can potentially lead to a quicker sale.
3. Increasing the Perceived Value of the Home
Home warranties can help increase the perceived value of a property. When a home is covered by a comprehensive warranty, it shows that the seller is committed to maintaining the home’s systems and appliances. This can help attract more buyers and justify asking prices. Even if the home is older or has had some previous issues, the added security of a home warranty can make it more appealing. It’s a way of assuring buyers that they won’t be immediately faced with costly repairs after moving in.
4. Preventing Post-Sale Disputes
One of the most stressful aspects of buying a home can be dealing with post-sale issues. If an appliance breaks down or a system malfunctions shortly after closing, it can lead to conflict between the buyer and seller. By providing a home warranty coverage, REALTORS can help prevent these kinds of disputes. The warranty typically covers repairs or replacement costs for appliances and systems, which can save both parties from dealing with disputes or having to negotiate repairs after the sale.
5. Offering an Extra Layer of Protection for Realtors
Realtors can also benefit from offering a home warranty. It adds a level of professionalism to the transaction and shows that they care about their clients’ satisfaction. Offering a home warranty as part of the deal can help ensure that buyers feel supported and protected, increasing the chances of a positive referral or future business.
Why HomeGuard HomeWarranty is a Top Rated Home Warranty Company
When it comes to selecting the right top rated home warranty provider, HomeGuard HomeWarranty stands out as a leading choice. Known for their excellent customer service and comprehensive coverage options, HomeGuard offers a variety of plans to suit different homeowner needs. Their home warranty plan provides protection for essential home systems and appliances, ensuring that your new home stays in top condition. With reliable service and fast response times, HomeGuard HomeWarranty is the perfect partner for homeowners looking for peace of mind in their new property. Choosing a HomeGuard HomeWarranty plan means choosing quality and reliability for the long haul.
