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PLAN OVERVIEW
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.
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.
Certain conditions apply. For complete details, see your participating ERA® Broker.
SSP FAQ
Sellers Security Plan Frequently Asked Questions
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. 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. You always have the option to cancel your purchase agreement with ERA Franchise
Systems, Inc. at any time. The appraisal process is described within the application.
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 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 to buy yours can use this program!
Certain conditions apply. For complete details, see your participating ERA® Broker.
Contact an ERA Office for full details.
Contact an ERA Office
| YOUR HOME SOLD GUARANTEED! WITH OUR EXCLUSIVE SELLERS SECURITY PLAN |
EXCLUSIVE REALTY Rancho Cucamonga, California Office |
| Californi a |
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