Tuesday, May 25, 2010

Buying a home warranty while your house is on the Market!

What does a home warranty cover when you are taking a home listing? I am very familiar with American Home Shield home warranty products. Offering a home warranty provides the extra sense of value to your client’s homes.

Even though there are several companies offering home warranties, the majority of my knowledge is with the (AHS), American Home Shield. The company offers what is called a flex program. The flex products allow the Seller to pick and choose to make their coverage more suited to their particular needs.

Value is added to your Seller clients listing while the home is being marketed by your agent or Realtor®. Typically I am talking about services relating to Idaho and may be different in your State. I also will not talk about specific costs of the plan because they will differ from home to home. The way it works! When you take a listing you add the home warranty to your description in the MLS. Pick and choose the plan you wish to add and order the warranty. The coverage begins with the time of listing and depending upon your plan may cover the major aspects of the home for the first year.

The payment of the cost will typically be absorbed by the Seller and is added to the HUD for payment at closing. I have used this product several times and it works wonderfully.

Check for AHS in your State for details..

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