Why Should I Offer a Home Warranty When I Sell My Home?

You receive coverage during your listing period

A home warranty can protect you against the potential cost of repairs or replacement during your listing period. Look for a warranty that covers major mechanical systems such as central heat, central air and water heaters during the listing period. These are the items that could either make or break the on-time closing of your home.

A warranty can help your home sell more quickly.

Warranting your home will enhance the value to prospective buyers. This typically results in a 15% faster sale than similar homes without warranty coverage.

Homes that are marketed with home warranties typically sell at higher prices.

The home warranty can be used as a contract negotiating tool to receive the best possible price for your home. Homes with a warranty sell 3% closer to the asking price than homes without warranties.

Homes that include warranties attract more buyers than similar homes without warranties.

More than 80% of home buyers, nationally, say they prefer to purchase houses that include home warranties. Experience a greater chance of selling your home with a warranty.

Home warranties reduce your liability after the sale.

Protect yourself from the potential of post-sale property conditions that can lead to additional expenses after closing. For your protection, provide a comprehensive warranty that includes the major mechanical failures and structural coverages for the buyer.

Why should I request a home warranty with my new home?

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