All potential homebuyers are looking for one thing in a homebuilding company: confidence. Anyone who wants a new home built requires confidence in your abilities as a builder, confidence in the quality of your homes, and the confidence that they’re not going to be left out of pocket, especially if a problem occurs.
As a builder, we’re certain you can provide the expert craftsmanship and high-quality materials required to build a great home, but did you know there’s one simple thing you can do to increase your customer’s confidence?
Why Provide a Homebuilder Warranty?
Despite your abilities and sticking to best practice, problems in new homes can occur. Usually, it’s down to factors beyond your control. Still, should a new homeowner experience a major defect or structural issue, you can be fairly sure the blame will fall on your shoulders.
Protecting yourself and the new homeowner with homebuilder warranties is a way to ensure that you are not left out of pocket should the worst happen.
Protection for the Homeowner
Homebuilder warranties provide extra confidence to your buyers because they prove that the homeowner won’t have to foot the bill for covered major defects or structural problems that happen after they have bought the house.
For this reason, homebuilders that provide warranties are seen as more trustworthy and reputable since they’re taking the extra steps and care to ensure their customers are protected.
Protection for You
Homebuilder warranties also provide a mandatory mediation and arbitration clause, which is the protection you need to continue building homes without the fear of going through a lengthy court case.
The bottom line is that you can spend a bit more and provide homebuilder warranties for your new homes, or you can continue with the knowledge that should something go wrong, it’ll either end up with you in court or vastly out of pocket.
It’s Win-Win
There’s really no downside to providing a homebuilder warranty. Homebuilders that do offer these enjoy an increase in that vital customer confidence and trust. It also means that your homes get sold more quickly and for potentially more money. This helps your business grow and enables you to focus on building more homes.
For over 20 years, StrucSure has provided third-party, insurance-backed warranties to builders and other construction-related contractors across the United States. With re-insurance backing from Lloyd’s of London – the largest, most reputable, and longest-running A-rated carriers in the world – our products are among the financially strongest in the industry.
If you would like to understand more about StrucSure Home Warranty and the warranties we offer, please don’t hesitate to get in touch today.
If you want to enjoy more homebuyer confidence, sell more homes, and continue to build with more peace of mind, then start providing homebuilder warranties today on every home you build. Request a free rate quote today.
