Is an independent third party home warranty important when you are building a new home?In: Real Estate |
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Answer
Some states require that all builders use a third party warranty (Texas). Check the laws for new construction.
In other markets you need to look at market practices. If all the competition is offering a home warranty then you can be at a competitive disadvantage if you fail to do so.
The perceived value to the buyer can be much greater the physical cost so consider adjusting prices to cover any added cost.
First answer by ID1141894868. Last edit by JohnCorey. Contributor trust: 20 [recommend contributor]. Question popularity: 24 [recommend question]
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