RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
  • Agents
  • Brokers
  • Teams
  • Marketing
  • Coaching
  • Technology
  • More
    • Headliners New
    • Luxury
    • Best Practices
    • Consumer
    • National
    • Our Editors
Join Premier
Sign In
RISMedia
  • News
  • Premier
  • Reports
  • Events
  • Power Broker
  • Newsmakers
  • More
    • Publications
    • Education
No Result
View All Result
RISMedia
No Result
View All Result

Record-Breaking Home System Usage Makes Home Warranties More Important Than Ever

Home Latest News
By Beth McGuire
March 22, 2021
Reading Time: 2 mins read

Set of household kitchen technics on yellow background. Set of appliance in the new appartments. E-commerce online internet store and delivering of appliance concept. 3d illustration

New Industry Data Shows Finding Best Client Coverage Among REALTORS®’ Top Priorities

Results are in from our latest home warranty survey, co-sponsored by Cinch Home Services, and the numbers bear out what we’re seeing across the country in the new work-from-home environment—that usage and wear and tear of home systems and appliances is the highest it’s ever been and, as a result, home warranties for both buyers and sellers are more important than ever before.

RISMedia collected more than 500 responses last month from a majority of experienced real estate professionals with more than 10 years of experience, from nearly every state in the U.S.

Some highlights from the data show that for both buyers and sellers, nearly 90% of respondents believe a home warranty gives their clients peace of mind during the purchasing and negotiating processes. And 94% of respondents believe that coverage is the most important criteria when choosing a home warranty company to present to their clients.

Brown

We asked Adam Brown, vice president of Cinch Home Services, if these stats reflect what he’s seeing at one of the nation’s leading home warranty companies based in Boca Raton, Florida.

 

“REALTORS® do more than help sell or buy homes; they serve as partners in some of the most critical decisions in their clients’ lives,” Brown says. “With this in mind, real estate agents are placing a higher emphasis in finding the best home protection coverage for clients. It’s not just about price—it’s about what’s in the best interest for their clients.”

Brown adds that like all home warranty companies, Cinch saw an increase in service requests throughout 2020 as more people were forced to stay home due to the pandemic, utilizing their home systems and appliances more than ever.

“The role of the home has changed, perhaps for good. Living rooms have become offices, conference rooms and even classrooms, all open for business 24/7,” adds Brown. “The Cinch team is committed to helping our customers get the most out of their homes amid this new reality, no matter whether they’re enjoying time with family or taking care of business.”

Beth McGuire is RISMedia’s online managing editor.

Tags: Cinch Home ServicesHome WarrantyIndustry News
ShareTweetShare

Beth McGuire

Beth McGuire is RISMedia’s vice president of online editorial.

Related Posts

Great Spaces: A ‘Golden’ Opportunity on Florida’s Intracoastal Waterway
Best Practices

Great Spaces: A ‘Golden’ Opportunity on Florida’s Intracoastal Waterway

February 4, 2023
Jobs Report Shows Increase of 517,000 in January; Unemployment Decreases to 3.4%
Agents

Jobs Report Shows Increase of 517,000 in January; Unemployment Decreases to 3.4%

February 3, 2023
10 Cities That Promote a Minimalist Lifestyle
Agents

10 Cities That Promote a Minimalist Lifestyle

February 3, 2023
Planning for a Successful Exit From Your Brokerage
Agents

Planning for a Successful Exit From Your Brokerage

February 3, 2023
Mortgage Mix: Downward Trend in Rates Persists Amid Market Flux
Agents

Mortgage Mix: Downward Trend in Rates Persists Amid Market Flux

February 3, 2023
Berkshire Hathaway HomeServices FNR Hosting Mega Open House Weekend
Agents

Berkshire Hathaway HomeServices FNR Hosting Mega Open House Weekend

February 3, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Tip of the Day

How to Debunk 4 FSBO Myths

For anyone considering taking on the job of selling their own home, you know that your skills will result in... Read more.

Business Tip of the Day provided by

Recent Posts

  • Great Spaces: A ‘Golden’ Opportunity on Florida’s Intracoastal Waterway
  • Jobs Report Shows Increase of 517,000 in January; Unemployment Decreases to 3.4%
  • 10 Cities That Promote a Minimalist Lifestyle

Categories

  • Spotlights
  • Best Practices
  • Advice
  • Marketing
  • Technology
  • Social Media

The Most Important Real Estate News & Events

Click below to receive the latest real estate news and events directly to your inbox.

Sign Up
By signing up, you agree to our TOS and Privacy Policy.

About Blog Our Products Our Team Contact Advertise/Sponsor Media Kit Email Whitelist Terms & Policies ACE Marketing Technologies LLC

© 2023 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

No Result
View All Result
  • Home
  • Premier
  • Reports
  • News
    • Agents
    • Brokers
    • Teams
    • Consumer
    • Marketing
    • Coaching
    • Technology
    • Headliners New
    • Luxury
    • Best Practices
    • National
    • Our Editors
  • Publications
    • Real Estate Magazine
    • Past Issues
    • Custom Covers
  • Events
    • Upcoming Events
    • Podcasts
    • Event Coverage
  • Education
    • Get Licensed
    • REALTOR® Courses
    • Continuing Education
    • Luxury Designation
    • Real Estate Tools
  • Newsmakers
    • 2023 Newsmakers
    • 2022 Newsmakers
    • 2021 Newsmakers
    • 2020 Newsmakers
    • 2019 Newsmakers
  • Power Broker
    • 2022 Power Broker
    • 2021 Power Broker
    • 2020 Power Broker
    • 2019 Power Broker
  • Join Premier
  • Sign In

© 2023 RISMedia. All Rights Reserved. Design by Real Estate Webmasters.

X