Does a Home Warranty Make Sense For Both Buyers and Sellers?

It is pretty apparent that a home buyer can avoid the risk of unanticipated problems by simply purchasing a home warranty and also avoid potential mediation or litigation.

But what about home sellers?

The National Home Warranty Association has reported that, on average, warranted homes sell 50% faster than unwarranted homes.

A Gallup Poll reports almost eight of ten buyers prefer a home with a warranty and feel it makes a home stand out from the competition.

According to Business Week, warranted homes are perceived as a safer investment and sell up to 3% more than unwarranted homes.

The best part is that home sellers can receive seller coverage entirely free and purchase buyer coverage only if the house sells. The only question is, ‘Why wouldn't a seller get this coverage’?

So yes, a home warranty does make sense for both buyers and sellers.