This is what buyers want… to feel confident in their purchase. When you prepare your home ahead of time using the Certified Pre-Owned Property (CPO) program it increases the value of your home to potential buyers. Most people are familiar with the term Certified Pre-Owned as it refers to a car. They understand that if the car is Certified it has been inspected and meets the company’s guidelines for quality and excellence.
So do consumers pay more for Certified Pre-Owned Vehicles? Absolutely!!! Will they pay more for Certified Pre-Owned Homes? Absolutely!!!
As I’m sure you know, potential buyers want to purchase a home that is in excellent condition regardless of its age. Finally, there is one secret all Sellers should know. Buyers make their decision to purchase a home based on emotion and whether or not they love the home. Another thing is just as true, buyer’s can fall out of love with a home just as quickly as they fell in love. Nothing can make this happen faster than an Inspector giving them a long list of items that need to be repaired.
Providing a home warranty can benefit the seller as much as the buyer. A home warranty is a policy on the property, covering items such as the appliances, air conditioning and heating systems, electrical, plumbing and more.
Normally the policy is for the first year the new buyer owns the home. If something breaks down in the house, the new owner pays a reasonable service call. Covered items are paid for by the warranty company. This can help the new owner significantly considering the cost of repairing or replacing systems in a property.
Home warranties benefit the seller in two ways. Should something go wrong with the house within the first year, such as the air conditioning failing, the buyer will be covered to the extent of the warranty and will be less likely to seek damages against the seller. As well, many of the properties systems are also covered for the seller during the listing period.
Once you have completed the CPO process, The Scott Smith Realty Group will add the CPO badge to the amazing marketing that we do for your property. This will ensure that the buyers see that your property has been certified and is therefore a step above the competition!
To complete the steps to have your home meet the Certified Pre-Owned property criteria simply complete the inspections and appraisal. You are welcome to use any IN licensed inspector and appraiser who will provide you with complete documentation. The Scott Smith Realty Group will help you get the home warranty set up when we list your property for sale.
As an added service to our clients we have negotiated preferred rates from IN licensed inspector(s) and appraiser(s). Please be understand that The Scott Smith Realty Group doesn’t represent, endorse, suggest or receive any compensation from these service providers. They are offered as an option for our clients. Should you choose to use one of them you will be working with them directly and The Scott Smith Realty Group will not be involved with that portion of the process. Click Here to Download the check list.