5,112,471
I have not... I write in a seller-paid warranty into my offers for buyers and have never had a seller say no... why jeopardize a good sale over a warranty? I have, however, paid that small premium ($50-75) for seller coverage during a listing period. And I've never had a seller client refuse to offer one as part of the listing. It's cheap insurance.
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Kris Collis, Associate...
East Stroudsburg, PA
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Ron and Alexandra Seigel
Carpinteria, CA
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Lyn Sims
Schaumburg, IL
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Bob "RealMan" Timm
Minot, ND
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Anna "Banana" Kruchten
Phoenix, AZ
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Diana Dahlberg
Pleasant Prairie, WI
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Candice A. Donofrio
Fort Mohave, AZ
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Michael Jacobs
Pasadena, CA
1,506,013
Out in my neck of the woods, these are paid for by the seller and part of 99% of home sales.
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Kris Collis, Associate...
East Stroudsburg, PA
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Ron and Alexandra Seigel
Carpinteria, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
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Anna "Banana" Kruchten
Phoenix, AZ
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Diana Dahlberg
Pleasant Prairie, WI
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Michael Jacobs
Pasadena, CA
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Nina Hollander, Broker
Charlotte, NC
759,485
If you never watched In Living Color (1990-1994) then this will be meaningless to you. If you did watch it then you know
I dont think so! Homey don't play that!
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Lynda White
Louisville, KY
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Kris Collis, Associate...
East Stroudsburg, PA
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Lyn Sims
Schaumburg, IL
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Bob "RealMan" Timm
Minot, ND
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Diana Dahlberg
Pleasant Prairie, WI
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Candice A. Donofrio
Fort Mohave, AZ
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Michael Jacobs
Pasadena, CA
4,582,309
Real estate "presents" opportunities of many varieties.
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Anthony Acosta - ALLAT...
Atlanta, GA
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Ron and Alexandra Seigel
Carpinteria, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Peter Testa
Danbury, CT
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Diana Dahlberg
Pleasant Prairie, WI
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Nina Hollander, Broker
Charlotte, NC
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Bob "RealMan" Timm
Minot, ND
1,056,272
YES sirree! I have put a home warranty on a deal no one wanted to pay for, because the peace of mind for ME is worth a few hundred bucks. Plus, my E/O loves it.
I had one client where seller DID put a BASIC warranty on it but that house had a salt water pool . . . so I added coverage for the salt system 175 that paid off in spades when 6 months later, the system failed. Now THEY maintain that coverage.
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Kris Collis, Associate...
East Stroudsburg, PA
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Michael Jacobs
Pasadena, CA
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Lyn Sims
Schaumburg, IL
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Bob "RealMan" Timm
Minot, ND
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Peter Testa
Danbury, CT
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Diana Dahlberg
Pleasant Prairie, WI
2,400,183
I believe I have but not so much as a gift as somthing that may have been neccessay to get the deal done Peter Mohylsky .
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Anthony Acosta - ALLAT...
Atlanta, GA
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Kathleen Daniels, Prob...
San Jose, CA
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Peter Testa
Danbury, CT
-
Diana Dahlberg
Pleasant Prairie, WI
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
1,846,901
I have but I've never called it a gift per se. I've done it because the buyer was afraid that something will go wrong in the house & they felt better with it. I have also split the cost also.
They have increased in price recently.
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Kathleen Daniels, Prob...
San Jose, CA
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Michael Jacobs
Pasadena, CA
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Peter Mohylsky, Beach ...
Miramar Beach, FL
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Bob "RealMan" Timm
Minot, ND
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Peter Testa
Danbury, CT
613,494
No.
While I do give a gift at closing, I do not want to pay for any of the buyers closing costs.
Eve
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Kathleen Daniels, Prob...
San Jose, CA
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Bob "RealMan" Timm
Minot, ND
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Anna "Banana" Kruchten
Phoenix, AZ
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Diana Dahlberg
Pleasant Prairie, WI
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Michael Jacobs
Pasadena, CA
3,349,404
A few times. It is not something I do routinely.
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Bob "RealMan" Timm
Minot, ND
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Anthony Acosta - ALLAT...
Atlanta, GA
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Dan & Laurie Pittsenba...
Bellingham, WA
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Michael Jacobs
Pasadena, CA
2,071,206
I have done it, but not with any regularity.
And if I'm going to "gift" a buyer something... I'm not going to gift "half" of something... I'll gift the whole warranty.
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
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Michael Jacobs
Pasadena, CA
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Tammy Lankford,
Eatonton, GA
2,672,939
Yes, I have paid for this gift when the seller refuses to provide one. Sometimes I've split it with the seller or seller agent.
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
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Michael Jacobs
Pasadena, CA
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Peter Mohylsky, Beach ...
Miramar Beach, FL
1,323,044
In our market area, the seller typically provides a home warranty to the buyer.
In order to make yourself more attractive as a listing agent, you could offer to cover the cost of the warranty and save the seller $500 or so.
I recently had a buyer's agent decline the warranty offered by the seller and pay for a warranty from a different company.
Different strokes for different folks.
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Kris Collis, Associate...
East Stroudsburg, PA
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Michael Jacobs
Pasadena, CA
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Peter Mohylsky, Beach ...
Miramar Beach, FL
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Bob "RealMan" Timm
Minot, ND
679,404
I have done this as well as other things. Depends on the situation.
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Dan & Laurie Pittsenba...
Bellingham, WA
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Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
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Peter Testa
Danbury, CT
536,943
No, but have asked the seller to provide it.
Most companies will give them a discount in your name if they order it or you can order it on their behalf. Have done that several times.
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Kris Collis, Associate...
East Stroudsburg, PA
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Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
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Diana Dahlberg
Pleasant Prairie, WI
2,221,377
I have not.
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Bob "RealMan" Timm
Minot, ND
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Peter Testa
Danbury, CT
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Anthony Acosta - ALLAT...
Atlanta, GA
5,772,587
I am stumped, if you give a gift it means paying the whole thing...I don't understand splitting in this instance. A
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
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Michael Jacobs
Pasadena, CA
7,401
On all contracts we write in that the seller is to pay for the home warranty.
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
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Michael Jacobs
Pasadena, CA
5,239,546
No never! Not my thing! Some do and that is OK if it works for them!
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
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Michael Jacobs
Pasadena, CA
962,483
Short answer(s), no and no. However, if it made sense and would get them over their concerns about disastrous repairs after they bought the house, I might. I would not routinely do so.
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
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Michael Jacobs
Pasadena, CA
715,782
Some agents do this as standard practice as their closing gift.
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Bob "RealMan" Timm
Minot, ND
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Dan & Laurie Pittsenba...
Bellingham, WA
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Michael Jacobs
Pasadena, CA
902,038
A long time ago, I was urged to do so for sellers by my broker, but I did not see the need.
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Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
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Diana Dahlberg
Pleasant Prairie, WI
921,504
Home warranty crosses my mind ONLY when the house contains 10 year old appliances. It provides some assurance for the buyer. Should anything go Ka-plewy, their agent will hear about their experience with the warranty company.
When you consider a 'closing gift' I encourage you to invest the energy to make it relevant.
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Bob "RealMan" Timm
Minot, ND
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Diana Dahlberg
Pleasant Prairie, WI
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Michael Jacobs
Pasadena, CA
381,662
From what I've seen home warranties are not worth the cost. We rejected an offer when buying a home because it had a home warranty we didn't ask for or want. We had them throw in appliances instead and I'm so glad we did. :)
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Bob "RealMan" Timm
Minot, ND
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Peter Testa
Danbury, CT
1,712,776
That would not be allowed in Oklahoma.
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
1,598,452
Not for condo.
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
231,948
Rarely. If it is my listing, I explain to the seller when we list it, that it is a good idea if the seller pays it when we get an offer and most sellers agree.
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
6,418,126
People dont appreciate things that they dont pay for.
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
5,583,328
tammy and andy often pay for a home warranty ....
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
3,167,614
I have a few times. I did it with a relative, young buying their first house. But mostly we ask sellers to provide.
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
3,589,741
On ocassion I have offered a home warranty - but that was years ago.
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Michael Jacobs
Pasadena, CA
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Bob "RealMan" Timm
Minot, ND
906,197
I have done a home warranty or a survey. It isn't something I do on a regular basis. It's usually because it is someone I know and I strongly feel they need it. Perhaps they can't afford to add one more thing to closing. It cost a lot more than my closing gift and doesn't have the same "wow factor" or remembrance quality. They will forget you did this for them.
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Bob "RealMan" Timm
Minot, ND
637,484
Usually the buyer or the seller pays for it. I learned early on not to offer gifts out of hand. Quite often something comes up right at the end and then sometimes I pitch in. And then its REALLY appreciated.
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Bob "RealMan" Timm
Minot, ND
2,784,566
1,728,156
We have in extraordinary cases particularly when the buyers have been so great to work with.
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Bob "RealMan" Timm
Minot, ND
469,510
Yes many times. No I don't split the cost.
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Bob "RealMan" Timm
Minot, ND
5,877,335
Have bought one, split one and the buyers have bought, depending on the transaction.
4,717,623
Yes, I have on occasion and recently for some good friends that are younger and just bought their first property, it felt like a great housewarming gift to give.
4,960,530