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Well just to put in some more anecdotes, I sold a home in December and did not offer a home warranty. My agent did not care and the home sold quickly without on
by snowwrestler 4y ago
Well just to put in some more anecdotes, I sold a home in December and did not offer a home warranty. My agent did not care and the home sold quickly without one.
And several friends and family have purchased real estate in the last few months; again no home warranty offered or expected in those transactions.
- snapetom 4y agoI think the market has a lot to do with it. I've bought properties in buyer's markets (recession '08 and '14) and it was barely even mentioned that there was a home warranty included. I got the sense from my agents that it was standard. I've been shopping since September last year and watched the market shift as low interest rates stopped recently. There was a seasonal dip in December 2021, but it was still about 20% higher than even highs of previous years as people scrambled to get good loans before they ended. It was definitely a seller's market. My agent said many winning deals were waiving financing contingencies and even inspection contingencies to sweeten the offer. Home warranties would have been one of the first things dropped.