A home warranty can provide an added layer of financial protection in the event that a covered appliance or home system suddenly fails.
The benefits of a home warranty don’t stop there. In fact, in a real estate transaction there are many reasons why each party can benefit from having home warranty coverage:
Order a Home Warranty
Sign in to your account to order a First American home warranty.
Buyers Agent
How buyers agents can benefit by making sure every closing includes a home warranty:
- Helps make happy clients
- Increases opportunities for referrals
- Decreases post-sale liability. If a covered item breaks down, the new homeowners can contact their home warranty company
- Increases buyer's confidence in home purchase
Listing Agent
How listing agents can benefit by including a home warranty on every listing:
- Helps make happy clients
- Strengthens ability of listings to stand out in the market
- Reduces risk arising from disputes involving broken systems and appliances
- Decreases stress during the listing period. If a covered item breaks down, the home warranty company will take care of it
- Increases opportunities for referrals
Buyer
How buyers can benefit from having a home warranty:
- Protects budgets from costly repairs on covered items
- Provides an easy, time-saving way to find service providers when a covered item breaks down
- Provides the security of unlimited service calls and flexibility of 24/7 service requests
- Protects covered home systems and appliances for a year or more after closing
Seller
How sellers can benefit from having home warranty coverage:
- Protects against the hassle and reduced marketability that breakdowns can cause during the listing period
- Protects budgets from costly repairs on covered items
- Gives buyers the confidence to submit their best possible offers
- Prevents the sale from being derailed or postponed if a covered item breaks down during the transaction
Predicting when a home system or appliance might suddenly fail is as difficult as predicting the weather. But when those unexpected breakdowns are covered by a home warranty everyone benefits.