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Rainmaker
5,054,756
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Fred,

We recommend them.  We have seen the value that they bring.  No favorites, and we paid when we sold our home, even though I left behind warranties, etc.  For us it was additional peace of mind, and that is worth so much more than the price of it. A

Mar 18, 2016 03:11 AM
Ambassador
3,985,894
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I explain the benefit of the home warranty to the seller at listing and the buyer at the time of writing the offer. Most decide to take them or ask for them in the offer.

Mar 18, 2016 01:11 PM
Rainmaker
2,576,002
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Throw it in and let the seller pay. It just goes down so smooth & enables all to point out that you can mke claims down the line. It makes the purchase gel

Mar 18, 2016 07:02 AM
Ambassador
3,717,135
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Home warranties have their place, and sometimes I will fund one at settlement.  I like Old Republic because they include pre-existing conditions without hassling about them.

Mar 18, 2016 03:38 AM
Rainmaker
1,507,325
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Of course, and we always ask seller to pay for min 1 year. Yes, myself and few of my clients requests were rejected by HWs. They all are notorious for dropping a client if some expensive repairs are needed.

Mar 19, 2016 05:33 PM
Rainmaker
3,769,594
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

It is discussed during the listing presentation with the seller and during the initial meeting with the buyer and then again when the offer is prepared. 

It's obviously negotiable but customarily requested by the buyer that the seller pays.

There are many good companies.

Mostly a good experience.  

Mar 18, 2016 11:26 PM
Rainmaker
3,067,662
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Yes. It depends. Old Republic.

Mar 18, 2016 11:23 PM
Ambassador
1,542,390
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I always suggest them and explain why.  In our area the buyer pays for them.  Money well spent.

Mar 18, 2016 10:36 PM
Rainer
436,707
DEANNA C. SMITH CERTIFIED MOBILE NOTARY
Certified Mobile Notary Signing Agent - Smith Mountain Lake, VA
Highest Ranked Certified Mobile Notary in Virginia

My parents had one many years ago and they actually used it to get the appliances replaced when they failed.   In the end, they actually got more benefit out of it than they paid for the policy itself.

I haven't personally recommended them but leave it up to the buyer to decide if they want one.  Since the buyer is the one that will pay for it,  I leave the decision up to them.

Mar 18, 2016 02:04 PM
Ambassador
4,897,258
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I dont recommend them, so far i have never met a warranty that was worth the headaches of trying to collect on them.

Mar 18, 2016 10:26 AM
Rainmaker
1,467,864
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Fred Griffin if I am working with a buyer I wait until inspection report comes back and will suggest if needed.  I would ask the seller to pay.

Mar 18, 2016 10:02 AM
Rainmaker
1,321,643
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I love them!  They're part of the contract out here and the seller usually pays them (within limits) and the buyer chooses the company.  I've had great results with Fidelity and First American.  American Home Shield was horrible, never wanted to do anything.

 

I've gotten new commercial grade water heaters, AC units, water circulating pumps, toilets, etc. from them.

Mar 18, 2016 09:46 AM
Ambassador
1,208,334
Amanda Christiansen
Christiansen Group Realty (260)704-0843 - Fort Wayne, IN
Christiansen Group Realty

We almost always ask for them for our buyers, and for the seller to pay for them. 

Mar 18, 2016 09:08 AM
Ambassador
1,770,705
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

I do Fred. Sometimes when I have a buyer I ask for one as part of the deal. I deal with a lot of parents buying condos for their children going to college and a home warranty is a good idea. We use American Home Shield.

Mar 18, 2016 08:17 AM
Rainmaker
3,571,929
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

One time had a bad experience, they would not replace a furnace.

Mar 18, 2016 06:46 AM
Rainmaker
4,798,978
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For a first time buyer or buyers who are afraid of the condition of appliances and systems, home warranties can be a good way to ease their fears.

Mar 18, 2016 05:25 AM
Rainmaker
3,751,636
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I recommend them. The buyer usually pays. If the home is older, suggest seller offer it at their expense.

Mar 18, 2016 03:28 AM
Rainmaker
803,708
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

They are worth having. Who pays varies. My first choice is HMS. I activate the warranty at time of listing so house is under warranty while it's on market. then at settlement, it gets transferred to buyer.

Mar 18, 2016 03:20 AM
Rainmaker
3,619,433
Richard Weeks
Dallas, TX
REALTOR®, Broker

I do recommend them if I represent the buyer or the seller.  Typically in our market the seller pays.  I do not recommend one particular company but provide a list of 3 to chose from.

Mar 18, 2016 03:06 AM
Rainmaker
385,902
Jill Murty, Realtor - Orange County, CA
Sunset Properties, Powered by Movoto - Laguna Niguel, CA

In my area, a home warranty is commonly requested in the purchase agreement and paid for by the seller.

I think people often have a love-hate relationship with the home warranty companies.  One person will tell you they hate a particular company while another sings their praises.  

Mar 18, 2016 02:49 AM
Rainmaker
784,512
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Some bigger companies that are affiliated with warranty firms in some way encourage agents to offer to sellers (at their own cost) to help close the listing deal.

Mar 20, 2016 08:00 AM
Rainmaker
4,481,514
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

It depends.   Sometimes the Seller, sometimes I buy it for my buyers.   Usually I recommend one if the home is older, and mechanicals are aging.

Mar 20, 2016 12:29 AM
Rainmaker
3,614,063
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I always recommend them to my sellers and I always ask for one paid by the seller for the buyer as part of the offer. I have a warranty on my own home and it's saved me multiples of what I pay annually for the warranty. But you do need to know which companies you recommend.

Mar 19, 2016 11:21 PM
Rainmaker
6,033,890
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

The buyer.

Mar 18, 2016 10:07 PM
Rainmaker
769,997
Peter Mohylsky. Beach Expert
PrimeSouth Properties - Santa Rosa Beach, FL
THE BEACH IS OPEN

I do recommend them but it varies who pays for them.

Mar 18, 2016 09:10 PM
Rainmaker
634,116
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

They can be very helpful. Here it is usually the seller who pays for the first year.

Mar 18, 2016 06:45 PM
Ambassador
2,759,162
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good morning. Like any insurance policy, read the fine print.

Mar 18, 2016 06:40 PM
Ambassador
4,308,044
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Fred Griffin - yes, I do recommend my sellers and buyers the home warranty.

I like HWA, they have always reponded and helped my clients.

Usually the clients pay for it.

Mar 18, 2016 04:34 PM
Rainmaker
504,038
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

We use HSA (Home Security of America) ... have used them for 22 years.  Typically the Seller pays, but I have had a few buyers want a home warranty and if the seller was not willing to negotiate it into the deal the buyer chose to pay.  I've also used a Home Warranty as a Gifting to my client.  Overall my experiences have been good.  Never had a bad experience with HSA.

Mar 18, 2016 02:17 PM
Ambassador
4,322,425
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Typically the buyer requests the seller to pay for a 1-year HW - there are a number of companies to choose from. Old Republic, AHS, and First American are popular

Mar 18, 2016 09:20 AM
Rainer
308,078
Melissa Jackson
Century 21 Alliance Properties - Azle, TX
Helping You Make The Right Move

Buyer chooses, usually agent makes recommendations. Seller pays up to a certain amount. 

Mar 18, 2016 09:19 AM
Ambassador
1,706,764
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

My personal experience has not been good so I don't recommend them but let people know of their existence.

Mar 18, 2016 08:59 AM
Rainmaker
1,682,389
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

We have used several.  My favorite is AHS.  American Home Shield. I have and many of our clients have use them with remarkable results.  I would definately recommend them.

Mar 18, 2016 08:48 AM
Rainmaker
1,421,777
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Fred Griffin Yes, the seller. 2-10 Warranty

Mar 18, 2016 08:40 AM
Rainer
43,931
Stephanie & John Webb
Latte Stone Realty LLC - Albuquerque, NM
Stephanie Webb Co-Owner, Latte Stone Realty, LLC

In NM we ask the seller to pay for the Appraisal, Inspections and Warranty. Before doing so I give the buyer information on the warranty and ask if they want it. If so we ask the seller to pay for it in the offer, but not many buyers care to renew it. 

Mar 18, 2016 07:57 AM
Rainmaker
3,985,637
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

For a seller of an older home with older equipment.  A buyer if the furnace or other large item is old.  Most times only a stove or other appliance goes out and the cost difference is minimal.  Not often does it pay. 

Mar 18, 2016 06:36 AM
Rainmaker
1,106,637
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

100% sales are AS IS.  Try to get the seller pays if it looks like needing work at the new owner one or get one for them. You will hear them complain after movinged in.  I give them a coupon for 1st call free and FAQ where to go.....

Mar 18, 2016 05:53 AM
Rainmaker
1,339,063
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Every home has a different situation; sometimes buyers and other times seller's to help sell an older home.

Mar 18, 2016 04:53 AM
Rainmaker
1,523,816
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

I often ask the seller to pay but if they won't I usually recommend that the buyer get one.

Mar 18, 2016 04:48 AM
Rainmaker
591,430
Abby Stiller
REMAX Realty Group - Cape Coral, FL
Professional Bilingual Realtor (239) 284-8637

We offer in our listings some type of warranty

Mar 18, 2016 03:58 AM
Rainmaker
1,157,329
FN LN
Toronto, ON

Home warranties are available in my area.  Who pays for them depends on any agreements between the relevant parties.

Mar 18, 2016 03:08 AM
Rainmaker
1,638,727
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

I guess they have their place. I offer them obviously & I reimburse the seller or buyer for the referral fee they pay me. I don't believe we should take any form of payment for offering services.

I've used Globe mostly & HWA.

Mar 18, 2016 02:50 AM