Our Colizza Group Certified Pre-Owned Home program was designed for sellers and buyers alike. For Sellers, listing your home as Certified Pre- Owned, adds value to your home, increases the sales price and provides sellers with cleaner offers that are completed faster. Sellers do not have to deal with conditions on inspection and the risk of reducing the sales price or incurring repair costs given deficiencies found in the inspection report. Buyers love the peace of mind that comes with a Certified Pre-Owned home, together with the one-year home warranty that it provides. An average home inspection turns up anywhere between 15-20 items that need immediate repair. In a traditional transaction, the buyers would renegotiate the agreement for a lower price. In a regular transaction, this is what typically happens.
- The Buyer's agent will request a licensed contractor to make any repairs.
- At this point, Buyers could choose to back out of the deal, sending you back to square one.
- The Buyers will ask for a price reduction (usually $5,000+) as a credit to make the repairs.
With our Certified Pre-Owned Home Program, our Sellers spend on average $300-$500 to fix any issues upfront - and we give sellers a repair credit so that the repairs only have to be paid after the home sells. What's more, is that we make sure that every dollar spent towards repairs is reflected in the selling price so that sellers are never out of pocket. In fact, most of our sellers end up with more money in their pockets after making the repairs. Buyers benefit as well.
Buyers love this program because they don't have to spend the money to do an independent inspection and then pay for the repairs. Knowing about the issues upfront, when the home is listed, prevents a lot of potential problems for both Sellers and Buyers. Buyers love the peace of mind they get with the 1-year warranty.
