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Best Options for Home Warranty Plans for Sellers

Jen Marley Bright February 26, 2024

Best Options for Home Warranty Plans for Sellers

In a competitive real estate market, sellers are constantly looking for ways to make their homes stand out. One effective strategy is to offer a home warranty plan, which can provide peace of mind to potential buyers about the maintenance and repair of major home systems and appliances. This gesture not only elevates your home above others but also demonstrates a commitment to the property's quality and the buyer's satisfaction. In this guide, we'll explore the best options for home warranty plans for sellers to boost their home's appeal and smooth the path to a successful sale.

The Basics of Home Warranty Plans

A home warranty plan is a service contract that covers the repair or replacement of major home systems and appliances that fail due to normal wear and tear. Unlike homeowners insurance, which covers damage from events like fires and storms, home warranty plans focus on the everyday operation of your home, making them an attractive proposition for buyers concerned about unexpected repair costs.

Benefits for Sellers

Offering a home warranty plan can make your property more appealing to buyers, potentially speeding up the sale process and even increasing the sale price. It reassures buyers that they are making a sound investment and reduces the likelihood of post-sale disputes over malfunctioning systems or appliances. For sellers, it means a competitive edge in the market.

Top Home Warranty Options for Sellers

When considering home warranty plans for sellers, it's essential to evaluate the coverage, cost, reputation, and service quality of various providers. Here are some top options renowned for their comprehensive coverage and customer satisfaction:

1. American Home Shield: AHS offers customizable plans that allow sellers to cover exactly what they think will be most appealing to buyers, from major appliances to critical home systems like HVAC and electrical. Their flexibility and reputation make them a popular choice among sellers.

2. Liberty Home Guard: Known for its value and comprehensive plans, Liberty Home is a great option for sellers looking for cost-effective solutions that don't skimp on coverage. They specialize in appliance protection, making them ideal for homes with newer systems but older appliances.

3. Choice Home Warranty: With a focus on simplicity and affordability, Choice Home Warranty offers comprehensive coverage with straightforward terms. This makes them a good fit for sellers who want to provide a clear, valuable proposition to potential buyers.

4.Select Home Warranty: Select is renowned for its free roof coverage and additional incentives, including giving buyers two extra months of coverage at no additional cost. This unique offering can be a significant selling point.

5. Elite Home Warranty: Elite Home stands out for its transparent coverage options, BBB accreditation, and clear, hassle-free claims process. They offer a wide range of plans, including options that cover items often excluded by other plans, such as pre-existing conditions.

How to Choose the Right Plan

Selecting the right home warranty plan for your sale involves considering the specific needs of your home and potential buyers. Evaluate the age and condition of your home's systems and appliances, and consider which plan offers the best coverage for those elements. It's also wise to research the provider's reputation for service and reliability, as a warranty is only as good as the company that backs it.

Marketing Your Home with a Warranty Plan

Once you've chosen a home warranty plan, it's crucial to integrate this into your marketing strategy. Highlight the warranty coverage in your listing descriptions, feature it prominently in any marketing materials, and be prepared to explain the benefits to potential buyers during viewings. This can significantly enhance the perceived value of your home.

Tailoring the Warranty to the Buyer's Needs

For an even more compelling offer, consider how you might tailor the home warranty plan to suit the needs of your target buyer. For example, if your home is in a region known for hot summers, emphasize the HVAC coverage in your plan. This level of thoughtfulness can make your home even more attractive to buyers.

Offering Peace of Mind

Home warranty plans for sellers provide peace of mind to both parties. Buyers can move forward confidently, knowing that they are protected against unforeseen repair costs, while sellers can enjoy a smoother sale process with potentially higher offers and faster closing times.

Leveraging Your Home Warranty for a Successful Sale

Implementing a home warranty plan as part of your selling strategy is not just about covering appliances and systems; it's about selling a promise of care and reliability. This approach can set your home apart in competitive markets and create a more trusting negotiation environment. Remember, the goal is to present your home as the best choice for potential buyers, and a home warranty plan is a powerful tool for achieving that objective.

Seeking Professional Help for Your Home Sale?

When navigating the sale of your home and choosing the best home warranty plans for sellers, partnering with a knowledgeable real estate professional can make all the difference. Jen Marley is dedicated to helping sellers navigate the real estate market with confidence, offering expert advice on how to enhance your home's appeal and secure the best possible outcome. With a deep understanding of the local market and a commitment to personalized service, Jen is the ideal partner for sellers looking to make their homes stand out. If you're ready to explore your best options and take the next step in your real estate journey, reach out to Jen Marley for guidance and support tailored to your unique needs.

*Header image courtesy of Unsplash

Work With Jen

If you are a buyer or seller who lives in Santa Clara, San Mateo, Santa Cruz, Sacramento or Placer County or if you are looking to relocate, Jen would be honored to assist you. Jen has a global referral network through Coldwell Banker Realty and she can connect you with the best local agent anywhere nationwide.