An HMS Home Warranty is key to making your transactions go smoothly, unhindered by the myriad factors that can delay a closing, create client dissatisfaction or ruin a deal. When you recommend the HMS Home Warranty to your clients, you are recommending a valuable product that will reduce their home repair headaches and save them time and money.
The HMS Home Warranty can help you get homes to closing. It is an effective sales tool and marketing differentiator for your listings, while it can also minimize the chance that a system, component or appliance failure could delay a closing. As an added benefit, using warranties can also lower your E&O liability.
So how does it work? If a covered item breaks in a warranted home, your client calls our
24/7/365 no-hassle call center to file their claim. Then, each time we pay for a claim, HMS will send you notification. This provides you with the opportunity to contact them when they’re thrilled to have saved time and money – a perfect time for referrals.
Here are some specific benefits that your home buyers and home sellers can take advantage of when they use an HMS Home Warranty.
Benefits For Your Buyers An HMS Home Warranty helps home buyers avoid unexpected home repairs which are often extremely expensive. The warranty provides coverage against mechanical failures for major systems and appliances, coverage that is not provided by most homeowners insurance.
- Save Money – Customer pays only a standard deductible per service call, per trade, on covered components.
- Leveraging the network – Our customer service center is available 24 hours a day, 365 days a year and provides access to a nationwide network of qualified contractors.
- Save with the Appliance Buyline® –Even if items in their home are running great, they may decide to remodel or upgrade. With the HMS Home Warranty they can take advantage of HMS’ buying power and get great savings on brand name appliances. One call can save them up to 30% off and there is no limit on the number of appliances they can purchase!
- Never get locked out – They are covered for up to $50 per year for locksmith services if they get locked out of their home.
- More choices – Optional coverages are available for additional protection.
- Easily renew their warranty – They can enjoy the protection for as long as they own their home (eligibility subject to underwriting criteria.)
- Avoid Closing Delays - Minimize the chance that a system, component or appliance failure could delay closing.
- New home advantage – Multi-year coverage is available for newly constructed homes.
- Industry Leading Workmanship Guarantee - Covered repairs are guaranteed for 180 days because at HMS it's our job to provide quality service and save your customers money.
Benefits For Your Sellers When a home is listed with the HMS Home Warranty it stands out! It also provides protection before, during and after the sale.
- Make the home a preferred home – 8 out of 10 buyers prefer to buy a warranted home. (Source: Gallup Poll)
- Sell the home faster – Homes with warranties sell up to 50% faster than unwarranted homes. (Source: National Home Warranty Association)
- Sell the home for more – On average, homes with a home warranty increase sales prices by up to 3% by making them safer investments for buyers. (Source: Business Week)
- Save money – Seller’s coverage can protect the seller against costly repairs while the home is listed for sale and no money is due until closing!
- Avoid Closing Delays - Minimize the chance that a system, component or appliance failure could delay closing.
- Industry Leading Workmanship Guarantee - Covered repairs are guaranteed for 180 days because at HMS it's our job to provide quality service and save your customers money.
With all of these benefits for you and your clients, adding an HMS Home Warranty to every transaction makes sense. Start today!
