Gold Shield Home Protection Plans

Both Sellers and Buyers can benefit by purchasing a Home Protection Plan from Gold Shield Home Protection. On this page, we have provided a number of reasons why sellers and buyers alike should consider purchasing a home protection plan.

» Why a Seller Should Purchase a Home Protection Plan

A Home Protection Plan Increases your Home’s Marketability

Last year, less than 50% of the homes listed in MiRealSource MLS sold. A Home Protection Plan can help separate a home from the competition. According to a Gallup Poll, 8 out of 10 home buyers prefer a home with a protection plan. The National Home Warranty Association has reported that on average, warranted homes sell 50% faster than unwarranted homes.

A Home Protection Plan May Increase the Sale Price

According to Business Week Magazine, warranted homes are perceived as a safer investment and on average offer a selling price of up to 3% more than an unwarranted home.

Home Protection Plans Limit the Seller’s Liability

If a buyer experiences unforeseen problems with the home, such as a leaky roof or a furnace that will not run, the problems are likely to be covered by the home protection plan, limiting the potential for litigation or arbitration.

Free Seller Coverage

Home owners with their home listed for sale can receive free Gold Shield protection coverage on specific items during the listing period (limitations apply). In the event of an appliance or other mechanical failure the item can be serviced promptly preventing the loss of valuable marketing time.

You Pay Only if the Home Sells

Receive the Seller Coverage entirely free and purchase the buyer coverage only if the home sells. The fee will be deducted directly from the proceeds without any inconvenience or upfront costs.

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» Why a Buyer Should Purchase a Home Protection Plan

Peace of Mind

Moving into a new home, buyers invest a lot of their resources on closing costs, moving companies, painting, remodeling, furniture, landscaping and the list goes on and on. Buying a Home Protection Plan positions a home buyer to be able limit unforeseen expenses. A Gold Shield Home Protection Plan protects buyers from the unexpected failures of most the homes systems (see buyer coverage).

Sellers Will Often Pay for the Protection Plan

It is very common for sellers to provide a home protection plan to the buyer purchasing their home. If a seller is NOT offering a home protection plan with their home ask your Realtor to negotiate for the seller to provide a Gold Shield Home Protection Plan. If the seller is offering a protection plan, ask your Realtor to make sure that it is the protection plan of your choice, as the seller may select a protection plan based on the price or the seller coverage and not on the benefits the buyer receives.

24 Hour Claim Reporting

Submit your claims 24 hours a day, 7 days a week by phone or Internet. We will then make arrangements for a local contractor to repair or replace the covered item as quickly as possible.

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Gold Shield Home Protection | 15501 Metropolitan Parkway | Clinton Township, MI 48036