In this current market, is it still valuable to include a home warrantyt?

Hey Carlos, Great Question! Home warranty companies provide protection for both buyers and sellers, and we strongly advise having one for both parties. While some buyers previously skipped home warranties to bolster their offers, I'd say it's highly beneficial to include one in today's market. Feel free to reach out anytime and chat 832-696-8100.

Carlos, in short, yes. Peace of mind will always hold value in any market. 2-10 Home warranty offers free seller coverage under a listing, so that is something extra worth it! Feel free to reach out anytime! codysellsproperty@gmail.com 346-412-6603

Absolutely! As a buyer's agent, I am always going to fight for at least 1yr of home warranty included on my offers. As a seller's agent, I prep my clients to expect a home warranty request on offers we receive. When in contract and working through negotiations, incorporating the home warranty allowance is a creative way to find a solution! Matthew Villaflor :: 713.456.9200 :: #YourAgentofRealEstate

I would certainly discuss the value of adding or asking for a home warranty with a buyer that is my client. I think sellers can use a home warranty as additional leverage and or an added plus to the sale of their home.

Here's my summary towards the Home Warranty and I use this frequently. A home warranty, often mistaken for insurance, is a service contract that covers the repair or replacement of appliances and systems in your home. Here are key points to consider:Coverage: Home warranties typically cover appliances and systems like air conditioning. They come at an extra cost and have different coverage options.Duplicates: Check if the warranty duplicates existing coverage, covers only parts of a product, or makes repairs difficult to obtain.Cost Analysis: Evaluate whether it's cost-effective by considering upfront fees, deductibles, and hidden costs for each service visit.Limitations: Investigate if there are limits on reimbursement amounts, coverage for accidental damage, exclusions, or cancellation fees.Claims Process: Ensure the claims process is straightforward and not excessively time-consuming. Delays can diminish the value of coverage.Reputation: Research the company's reputation by looking for reviews and complaints associated with the company's name, get a feed back from your REALTOR or Sales agent or me Happy to walk you to through. Additional Information: Consider learning more about extended warranties and service contracts to make an informed decision.Beware of Telemarketers: Be cautious of unwanted calls regarding service contracts; they might be telemarketers seeking personal information or your money.In summary, before committing to a home warranty, carefully weigh the costs, coverage, and reputation of the provider to determine if it suits your needs and offers value for your investment.

To most deals it is.

Absolutely! Home warranty companies offer protection for buyers AND sellers. We always recommend a home warranty for both. For a while, some buyers were forgoing home warranties to make their offers a little stronger, but I would definitely say that it is valuable to include one in today's market.

Absolutely. I do for them all.

YES YES YES!!!! It is a layer of protection for your buyer.

The short answer is yes, and I stand to believe it should always remain as such and one of the methods to protect the interests of both buyers and sellers, regardless of the conditions of the home, but excluding distress sales of course.

In the current market, the value of including a home warranty can vary depending on several factors such as the age of the home, its condition, and the level of competition among buyers. If you're in a seller's market where homes are selling quickly and multiple offers are common, you might find that a home warranty isn't as crucial for attracting buyers. However, even in such a market, offering a home warranty can give you a competitive edge, particularly if the home is older or has not been recently updated. For buyers, the assurance a home warranty provides can still be a significant benefit, given the financial investment involved in purchasing a home. Therefore, while the necessity may fluctuate with market conditions, a home warranty often remains a valuable addition.

For me, I usually add home warranty for my buyers to at least protect them for the first year. I see lots of things fail shortly after closing and having home warranty can save buyers.

I was told by a former E&O employee the reason the home warranty is on the contracts is because they found it reduced litigation at least 30. Why wouldnt agents want to introduce their home buyer to the home warranty. Dealing with the time and expense of lawsuit paperwork, can take a toll out of agents day, and for sellers it is the only protection they have in the transaction. If that 30 has to do with repairs and replacements the warranty takes care of then its a benefit for all.

YES. Having it is always a safe bet, and personally, I'd rather have it and not need it than finding myself needing it and not having it. Also, there are many benefits for both buyers and sellers. For sellers, offering a home warranty can make their property more attractive to potential buyers as is provides assurance that any unexpected repairs will be covered for a certain period of time. For buyers, a home warranty can provide financial protection against unforeseen expenses that may arise after purchasing a property. I hope that answers your question!