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Homeowners » Benefits
An Old Republic Home Warranty Plan provides many excellent benefits for all parties in a real estate transaction!
As a Home Seller Our Home Warranty Helps You:
- Sell Faster - by providing a competitive edge over other homes on the market.
- Sell For A Higher Price - because when a buyer feels protected from unknown after-sale problems, it can discourage downward price negotiations.
- Sell With Peace of Mind - knowing that after you have moved out, covered service problems will be taken care of - offering you additional after-sale liability protection.
- Peace of Mind - knowing you're protected against unexpected repair or replacement costs.
- Budget Protection - from the high cost of home repair.
- Convenience - you can call us toll-free 24 hours a day, 365 days a year to request service. A local, qualified service technician will contact you to schedule a convenient appointment.
Gallup Poll Findings
- Both sellers and buyers felt that a home warranty provided valuable protection against the high cost of repairing or replacing unforeseen breakdowns of a home's mechanical systems and built-in appliances.
- 3 out of 4 homeowners surveyed agreed that having a home warranty provides buyers and sellers with "peace of mind," knowing that their responsibility for payment of covered repairs or replacements is limited to the service fee amount.
- 92% of survey respondents that had requested a service call stated that the problem was covered by their home warranty contract.
- 9 out of 10 homeowners surveyed were satisfied with the home warranty service provided under their contract.
- 91% of all homeowners surveyed would likely recommend the purchase of a home warranty to another home buyer.
- Nearly 8 out of 10 of those surveyed said they would likely purchase a home warranty for the buyer of their home when they plan to sell it.
- About 75% of those homeowners surveyed agreed that a home warranty would give them a greater level of confidence in a previously-owned home that they might purchase.
- 7 out of 10 real estate professionals surveyed agreed that a home warranty helps avoid "after-the-sale" problems.
