Does anyone know who the best home warranty company is? Or should I even be recommending a certain one even if the client asks?
My opinion at the moment is to stay clear. Most of the warranties I have heard of are not worth the paper they are printed on. If you sell the client a warranty, or even give it to them for free, you are a now a representative of the crappy warranty company. And guess who the client will call to complain to?
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Thanks for the clear thinking, Ryan. I lost my senses for a bit there. She sounded so sweet.
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My personal experience is that the home warranty companies sell you on an alluring “fix or replace” sales pitch. But, what that means in reality is they will find the cheapest person available to do the absolute minimum “fix” possible that keeps your appliance running until the warranty period runs out. They are not going to willingly “replace” any appliance, unless they figuratively run out of duct tape and bailing wire.
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My Mom got sold a warranty on the advise of her realtor. Years later her freezer stopped working, they sent 3 different people to “fix” it and all 3 said it needed to be replaced. I believe they offered her $300 to buy a new one. The comparable model was almost $2000. she went months with no freezer, fighting with them to honor their “warranty”. I finally bought her a new one. So she didn’t have to goto her clubhouse everytime she wanted something from the freezer. I would steer clear, YMMV
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I also pass on this…Many agents will procure one as part of their service.
Homeguage wanted me to offer one for a cost of $20 or so per job, and I stated that my verbiage is very clear that I am testing the appliances for function on the day of inspection and nothing beyond that. I have no way to predict the future, but I am also not down with taking money out of my pocket for something that is not predictable. With 300+ inspections per year, and never having had someone expect me to replace something that worked (or was called out as non-functional at the inspection), I just do not see it as a value that I need to present. Some folks may feel different, but I could not wrap my head around the concept if you are truly testing things for function while on the job.
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I always left the warranty business to the realtors…selling things was their job, not mine…
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Yeah but then you have to speak up/retort back when the agent starts spewing the almighty-warranty-will-cover-everything nonsense to the homebuyer after every issue you bring up.
FWIW, I also have a narrative that I include with every report regarding warranties.
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I always hear the agents spewing the “warranty will cover” bs. Can you share the narrative if you don’t mind please?
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