NOTE: If you are a buyer looking to purchase a property, reading this post could give you valuable information.
Have you represented a buyer that bought a home with a salt water pool? Did they purchase a home warranty? If yes, did they add pool coverage? If yes, did they add “salt water pool” coverage? Did the home warranty company they chose have salt water pool coverage available? Did one of the other home warranty companies you recommended have the coverage available if the one they chose did not? Did you inform your client of this?
According to an Old Republic Home Warranty Representative I spoke with today, she stated it has happened multiple times where a buyer has bought a home with a salt water pool where a claim arose and was denied, did not know about the “special” optional coverage currently available with at least one warranty company and filed a complaint against the agent stating “they would have purchased had they known.”. Whether or not the buyer is being truthful, more prudence and liability may be put on the agent as the agent is recognized as the professional.
What about other additional coverage options? Are you going through the options with your client? It may be in your and your client’s best interest to review companies and option that are specific to their purchase, have them initial the options were reviewed and either accepted or rejected and keep a copy of this in their file.
Please feel free to add an Ah-Ha or comment on any Ah-Ha given. I don’t have all the answers, but we can learn things together and collaborate to make things better!
Crush it!
Please let me know if you have any questions, anytime!
Jamie Sistek – REALTOR
“That Tickled Pink Girl”
eXp Realty
Email: Jamie@TickledPinkHomes.com
www.tickledpinkhomes.com
480-451-1400 – Direct
480-734-1971 – Cell
“Tickled Pink Is What You’ll be;
My Customer Service Is The Key”
Have you considered moving to the Scottsdale/Phoenix area or looking for a second home? Call Jamie at 480-451-1400 or email Jamie@TickledPinkHomes.com and let’s get started!
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View this article at: http://www.tickledpinkhomes.com/2010/07/ah-ha-of-the-day-home-warranties-salt-water-pooloptional-coverage/
