Guaranteed Sold
Guaranteed SOLD!
Why Do I Need a Sold Guarantee?
Many homeowners are initially surprised by the guaranteed price of their home, as it often seems lower than the property's true market value. However, this price is strategically set below the current market value to ensure we can deliver on our guarantee.
At RE/MAX Real Estate (Mountain View), we offer a unique program designed to guarantee your home will be sold, no matter the circumstances. This guarantee serves as a financial safety net for those who need to sell their home quickly. Most homes sell above the guaranteed price within 90 days, making the guarantee rarely necessary.
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When you work with a RE/MAX Real Estate (Mountain View) Agent, you're not just getting a real estate agent; you're partnering with a dedicated team that understands the local market and is committed to achieving the best possible outcome for you.
They can’t get their mortgage approved on their new purchase without having their existing property sold or the owner just wants to sell and wants the reassurance they have a firm deal.
In most cases you have 90 days to sell for higher than the agreed upon guarantee price.
We use similar sales of properties in your area to determine the overall price of your home and then 12 to 15% will be taken off the approximate sale price that the value shows.
Example: if your property was worth $500,000 on the open market,. In this scenario the guarantee would be $440,000 when based on 12%. The percentage that is removed is based on market conditions and where the property is located.
Example: if your property was worth $500,000 on the open market,. In this scenario the guarantee would be $440,000 when based on 12%. The percentage that is removed is based on market conditions and where the property is located.
Yes we have offered this service outside the city, but it will depend again on how far out and on the current market conditions.
The maximum guarantee price is subject to change, but again it’s best to have us come out and give you a current evaluation on your property.
You keep the higher sale price less commissions and the guarantee becomes void.
Longer than 90 days sometimes will be considered, however, less than 90 days is not as acceptable. From time to time there may be an exception to this rule which we would be more than happy to discuss with you.
No.
Yes, but you will have to pay half of the agreed upon commissions as a penalty for breaking the contract.
In most cases the home owner does not like the guarantee value, but the main thing to remember is this is not a reflection of what your home is worth. The guarantee price is slightly lower than market value but provides home owners with the assurance of knowing their home will indeed be sold.
Many home owners choose to take the guarantee because they feel comfortable that they will sell for a higher dollar and will be able to keep the higher amount when the property does sell. Best of all, it gives home owners peace of mind. We have found on numerous occasions that the home owner benefits by not having to move 2 times. It is very rare that the guarantee ever has to be used by the owner as the home typically sells within the 90 day period for a higher amount than the guarantee.
Although there may be some restrictions and some conditions may apply, the best way to figure out if a guaranteed sale will work for you is by having me come out and give you a no cost or obligation market evaluation and let you know what the guarantee price would be.
Thinking About Selling?
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