We Will
Sell Your Home, or ERA Will Buy It
Guaranteed
sale, guaranteed price.
When you accept an offer from ERA
Franchise Systems, Inc., the Sellers
Security® Plan assures you that ERA
Franchise Systems, Inc. will buy your
current house if it doesn't sell within
180 days from the application date. ERA
Franchise Systems, Inc. guarantees the
purchase price offer, so you'll know in
advance the minimum you can expect from
the sale of your house. You'll also have
plenty of time to see if any other buyer
is willing to pay more.
You get the profit, ERA
Franchise Systems, Inc. covers any loss.
Almost always, you will receive more
than the price guaranteed by the
agreement. If ERA Franchise Systems,
Inc. ends up purchasing your house and
then resells it for more than we have in
it (including holding and closing
expenses), the net profits are returned
to you. But if ERA Franchise Systems
Inc. sells it for less, you don't take
the loss, ERA Franchise Systems, Inc.
does.
ERA Mortgage Equity
Advance Option can even help with your
down payment.*
The ERA Mortgage Equity Advance Option
allows qualified buyers to borrow
against equity. You may use up to
$500,000 of your available equity from
the ERA® offer to purchase and close on
your new home or for any other reason.
So if the down payment on your new home
is contingent on the proceeds from your
old one, the ERA Mortgage Equity Advance
Option has you covered. For more
details, e-mail us at
Equity.Option@ERA.com for more
information.
Increased Buying Power.
The ERA® offer eliminates the
uncertainty of contingency offers giving
you the flexibility to move when you
want. You are in a better negotiating
position than other buyers who may still
have to sell a home.
Sellers Security Plan
qualification.
Your house must be a single-family
primary residence. Houses must have an
average appraised value of at least
$50,000 and not more than $750,000.
Mobile homes, co-ops, or multi-family
homes are not eligible for the plan.
Properties that have an abandoned
storage tank on site are also not
eligible.
Sellers Security
Plan FAQ
What
will ERA Franchise Systems, Inc. offer
for my house?
If your home qualifies for the plan, ERA
Franchise Systems, Inc. will offer you
90% of the appraised value. ERA
Franchise Systems, Inc. will order the
appraisal but you will select a local
appraiser from an approved list. If at
any time another offer is presented to
you for more money than the offer you
accepted from ERA Franchise Systems,
Inc. you close with that buyer at a
higher price.
What
will I be required to do?
-
Agree to implement the ERA
Five-Point marketing plan
-
List your house with an ERA Broker
for at least 180 days
- Buy
another house through a Broker
designated by ERA Franchise Systems,
Inc. (Not required for sellers age
55+ moving to a rental property or
military moving to base housing)
Does
this mean I have to buy a new home
listed with ERA® Broker?
No. You are only required to purchase
your next home through a Broker
designated by ERA Franchise Systems,
Inc.
What
expenses will I have?
Your cost for participation in the
Sellers Security® Plan will include the
same expenses due in any other home
sale, including the sales commission and
other closing costs customary in your
market area. In addition there are
certain other costs including an
independent appraisal and home
inspection.
Am I
required to submit an application
immediately upon listing with an ERA®
Broker?
No, one of the benefits listing with an
ERA® Broker is the program remains an
option for you to use at a later date.
Also keep in mind that by listing with
an ERA® Broker, a prospective buyer who
needs to sell their current home
Buyer
Protection
When you're buying a
home, buy with no major repair worries
– choose a house covered by the ERA Home
Protection Plan® *. It's your best
protection against costly, unexpected
repair bills after closing.
The ERA
Home Protection Plan is an exclusive
ERA® program to protect you against
expensive repair or replacement costs
when the major working components in
your new home break down: water
heater...furnace...built-in
appliances...electrical wiring...central
air conditioning...exposed duct
work...interior plumbing system and
fixtures. Your protection lasts for a
full year from the date of purchase on a
previously owned home, with the option
to renew.
Homes
protected by the ERA Home Protection
Plan sell 15% faster on average. As an
added bonus, the plan also protects
sellers the same way. While your home is
on the market, the same major components
are covered until the day of sale – or a
maximum of 180 days.
So
relax. Not only will you have peace of
mind regarding unexpected repairs, but
you also increase the chances that your
home will sell faster at a better value.
The ERA Home Protection Plan is another
reason why we say, at ERA, "We're
Selling Houses."®
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