You've decided it is time to leave your current home in Frisco TX and upgrade to a new one. You have contacted me and I come out to help you list your home. Everything looks great and we are going through the paper work
and on page 4 of the listing agreement you are asked to initial whether you will buy a Residential Service Contract (RSC) at your own cost or not. What do you do?
Scenario
We are two weeks into the listing and your water heater blows a leak. You had the check valve installed and it is also located in the garage, the water damage is minimal . However, now you have to repair or replace the water heater. Are you prepared to pay for all the parts and labor associated with that work? Would you rather pay for the one call to your RSC supplier and have them do everything?
Listing Insurance
When you decide to purchase an RSC, you are providing a home warranty for your listing. That means that depending on the agreed upon contract you may simply need to pay the service charge (typically from $50 - $90) for any repairs on your covered systems. These systems will vary from company to company but some typical systems that are covered include: heating system.furnace, air conditioning, ductwork, plumbing, clogs,
water heater (even tankless), electrical system, ceiling and exhaust fans, alarm systems, door bells, dishwashers, garbage disposals, and on and on.
If that wasn't enough you an usually get a seller's coverage policy for free with a minimal $50 - $100 for an upgraded version to cover even more such as refrigerators, washer, dryer, and your garage doors. You may wonder why a company would do this.
The model is that if you already have it covered and you accept a contract from a buyer, you can now say that they can now use the same company that has been covering your listing. When that is agreed upon, you will pay for the contract at the time of closing.
The next time you decide to sell your home, you can call me, and when I come out to help you sell your home and we get to this decision, what's it going to be? Since you decided on me and I am looking out for your best interests, I will recommend you purchase the RSC. The last thing you want to have to do is replace any of these systems out of your own pocket when you are trying to sell your home. Unexpected expenses like this can significantly reduce the amount of money you will walk away from the closing. Avoid the expense and protect your home throughout the listing period.
My clients have already been through this learning experience and they all know at least one thing, when you work with me: Your Success is My Focus

Comments (5)Subscribe to CommentsComment