Christine Kankowski North SD and Temecula, Excellent Sales and Property Management (House Match Inc)

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Ambassador
3,158,329
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Mixed bag with me.  I recently escalated a claim to the Office of the President of a home warranty company.  Heads started to spin and they paid the claim! 

Dec 15, 2017 07:21 AM
Ambassador
4,743,745
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It's standard protocol in my area for buyers to request seller provide a 1 year warranty, and sellers do.

Dec 15, 2017 07:34 AM
Ambassador
5,753,642
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I have never met a warranty that was worth the paper it was written on, I certainly would not have paid for one for this long.

Dec 15, 2017 01:27 PM
Ambassador
2,608,498
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     They get tacked onto most sales here.  I've got stories, too.  Some good stories, some not so good stories.

Dec 15, 2017 07:39 AM
Rainmaker
4,491,440
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Rarely see a sale without them. I love them. They save my clients a ton of money (and me, as well), on my own house.

Dec 15, 2017 07:36 AM
Rainmaker
4,568,190
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

They have served me well in the past!

Dec 15, 2017 07:33 AM
Rainmaker
1,708,245
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I do not recommend them. Once upon a time they were good but now with the lowest common denominator service people and denial off full replacement costs, I think it is better to go direct.

Dec 15, 2017 07:32 AM
Rainmaker
1,430,371
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

100% unless waived by buyer (very rare outside of investors).  I've had very good results with them, just depends on the company and the sales rep behind them!  I do a fair amount of business with primarily one company.  That rep bends over backwards to help me resolve issues for my clients.  That's why I keep using them.

Dec 15, 2017 05:26 PM
Rainer
225,515
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

We got a home warranty on the home we bought this year. The oven would not pre-heat, so we called them up. They came out 3 times, and still could not fix it. The offered to replace it with a like model. We looked up that model and it was listed for $1099. Siince we wanted to upgrade, we asked them to give us the cash instead. They gave us a check for $600, and when we questioned it, they said "oh, we don't pay those prices"

Dec 15, 2017 09:34 AM
Rainmaker
945,676
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

For rental properties, home warranties are essentially WORTHLESS. Time is SO of the essence, and management needs to have maintenance guys at the ready to handle ESPECIALLY HVAC issues (in my area, huuuuge) and anything else that would impact habitability. Like, yesterday.
Waiting for the contractor to get back to you in 24-48 business hours, then they come up, assess, wait forever for authorization, then they need to go back out for parts and another 24-48 . . . it just creates too many problems that should have been solved.
For an owner-occupied residence . . . well . . . I am glad to have always had them. I am running out of companies to fire, though. LOL

Dec 15, 2017 09:21 AM
Rainer
247,500
Macy Babb ... North Georgia Realtor
Re/Max Around Atlanta Realtor - 404-234-6166 - Cartersville, GA
Realtor, SFR, HUD/REO Certified

They are pretty stnadard here... I recommend them, they are great when they pay and I often find the little loop holes for what they don't want to pay on is aggravating

Dec 15, 2017 07:47 AM
Rainmaker
508,854
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

In Dallas it's common for buyers to ask for home warranty coverage from sellers.  I have a personal experience with one and am not very happy with it.  That doesn't mean all home warranties are bad, though. 

Dec 15, 2017 07:40 AM
Rainmaker
1,056,253
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Not to prevelant in my case. Our office requires us to offer it.

Dec 15, 2017 07:36 AM
Rainmaker
1,247,454
Joyce Marsh
Joyce Marsh Real Estate LLC - Daytona Beach, FL
Joyce Marsh Real Estate LLC - Coast & Luxury

Moderately popular here.

Dec 15, 2017 07:35 AM
Rainmaker
2,154,002
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Dec 15, 2017 08:51 PM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I see very few bought.  Very few used and about half had to argue with them

Dec 15, 2017 08:37 PM
Rainmaker
1,357,642
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Love or Hate? Too strong...I refer them, yes.

The buyer/seller says yes or no, no skin off me either way. I think they are good idea when you use AHS.

Dec 15, 2017 04:41 PM
Rainmaker
1,525,405
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

The sellers paid for a home warranty when we closed on this house 12/20/16.  We paid a little extra to get the upgraded warranty.  We have had four claims since February.  As a result of the first claim, we got a new refrigerator; and the one in this house was not very old, I guess it was just a lemon!  My answer is a resounding yes especially if the house has any age to it.

Dec 15, 2017 01:47 PM
Rainmaker
554,078
Francine Viola
Coldwell Banker Evergreen Olympic Realty, Olympia WA - Olympia, WA
REALTOR®, In Tune with your Real Estate Needs

In our area, it's tough to get contractors who will service our area.  I think it's a false sense of security, a waste of money but then again you do hear stories where it saved the consumer a ton of cash.  

Dec 15, 2017 12:25 PM
Rainmaker
576,657
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

Pretty standard practice here that Seller pays for a one year warranty, has saved my clients many dollars over the years. A couple of glitches that required intervention but claims were paid.  Some are better than others and some are downright worthless, good to have a Sales Manager to contact, give them enough business and things get worked out rather quickly in my experience.

Dec 15, 2017 12:04 PM
Rainmaker
1,558,508
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I agree, they are all not rely-able. I had few rejections as well.....But usually Seller pay for 1-2 years of home warranty, a local custom. 

Dec 15, 2017 11:54 AM
Rainmaker
7,037,313
Roy Kelley
Retired - Gaithersburg, MD

They have little impact in our current market.

Dec 15, 2017 11:25 AM
Rainmaker
1,466,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Christine Kankowski North SD and Temecula It has been customary here for the seller to provide a home warranty.

Dec 15, 2017 10:34 AM
Rainmaker
2,691,332
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

They work psychologically & physically  do more good than harm

Dec 15, 2017 10:33 AM
Rainmaker
1,766,686
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

I probably do 2 a year or so. Mostly for homes around 20 years old with an original furnace & AC system. Most buyers are afraid of the big ticket items so this gives peace of mind. Is it 'good' peace of mind? Maybe not.

I offer them if needed. What do you mean rejected? I've never had an app get rejected on a home.

Dec 15, 2017 10:29 AM
Ambassador
3,077,230
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

not very common in my market and I find them mostly worthless

Dec 15, 2017 09:44 AM
Rainer
150,216
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

Some sellers offer them, but I don't push them myself.

Dec 15, 2017 09:16 AM
Rainmaker
4,351,300
Richard Weeks
Dallas, TX
REALTOR®, Broker

It is very standard in our market.

Dec 15, 2017 08:26 AM
Rainmaker
870,798
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I think they are overrated and losing their appeal. Some sellers still offer them though, and some buyers still request them. Sellers can activate them at beginning of the listing so they are covered during the listing period. That worked well for me once when a seller with little money had his heat pump go bad during the listing. The warranty company replaced it for a fraction of what ti would have cost if we hadn't activated the warranty at start of listing.

Dec 15, 2017 08:21 AM
Rainmaker
612,606
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

worthless...

Eve

Dec 15, 2017 08:20 AM
Rainmaker
5,580,884
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

the team members promote their use... .... 

Dec 15, 2017 08:03 AM
Rainmaker
849,352
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Not sure how actually practical they are. The manager in my very first brokerage strongly encouraged all the agents to buy them for prospective listing clients as an incentive to list with them. Not sure anyone did; I did not.

Dec 15, 2017 08:03 AM
Rainmaker
5,767,466
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

We have had great experiences.

Dec 15, 2017 08:01 AM
Ambassador
1,900,972
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Still quite prevalent as far as I know. 

Dec 15, 2017 07:57 AM
Rainmaker
1,183,950
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

For sellers I do not even provide a warranty. Inform them everything has been checked out. I have several other buyers offers on my desk who did not ask for anything. For buyers I may toss one to avoid getting calls. I often tell them they have a choice cash and a list of handyman.

Dec 15, 2017 07:28 AM
Rainmaker
801,368
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

None of our vendors will honor them... they arent worth the money here... 

Jan 13, 2018 09:56 PM
Rainmaker
4,334,856
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Wow 26 years, my dishwasher is only 11 years old and I am replacing it already.

 

Dec 18, 2017 04:08 PM
Rainmaker
5,324,726
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We see them on occasion, and usually with first timers that have no money for repairs, and their parents have told them they should have them.   I have seen many not pay out anything or little to nothing.

Dec 18, 2017 07:59 AM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I recommend them.

Dec 16, 2017 11:28 AM
Rainmaker
598,824
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

I hear of them occasionally during sales but see very few of them in action.

Dec 16, 2017 06:50 AM
Rainmaker
3,070,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

We place a Seller's Home Warranty from Old Republic on all of our listings - most recently they paid for $1,500 of repairs prior to close of escrow!

Dec 16, 2017 06:32 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I'm not a fan of home warranties.  It is not prevalent in my area, but some Realtors offer them.

Dec 16, 2017 05:02 AM
Rainer
231,174
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

i use them, always do, and they may not be more than the paper they are written on, but they are a good sales and closing tool

Dec 15, 2017 10:08 PM
Rainer
352,876
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

The vendors and services that are contracted are the worst in most cases.  I’m always calling our rep who gets the job done for clients but it’s just a nuisance. 

 

Dec 15, 2017 10:01 PM
Ambassador
3,987,010
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I believe in them and offer them as an option to my clients. When I am selling my properties I include one for the buyer.

Dec 15, 2017 09:06 PM