The Guaranteed Sale Agreement

 

What is this Guaranteed Sale Agreement?

We'll give you a written guarantee that clearly states that if your home doesn't sell within 90 days we'll buy it for the guranteed amount. Guarantee is provided through RE/MAX Real Estate Mountain View Ltd. 
 

Why would a home owner need a guarantee?

There could be multiple reasons, for example the sellers can't get mortgage approved on their new purchase without having their existing property sold.
 

How do you come up with the price?

We have a look at your property and consider other factors important to the deal with a goal of getting you a guaranteed price that is acceptable to you.
 

Can I sell for more than my guarantee?

Yes you can. In most cases you have 90 days to sell for higher than the agreed upon guarantee price.
 

So if I sell for higher than the guarantee within the 90 days what happens?

You keep the higher sale price less commissions and the guarantee becomes void.
 

Can I have longer or shorter than 90 days to sell my property?

Longer than 90 days sometimes will be considered, however, less than 90 days is typically 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.
 

Do other agents/buyers know that I have a guarantee?

No.
 

Do you offer guarantees outside Calgary?

Yes we can, but it will depend again on how far out and on the current market conditions.
 

Can I cancel the guarantee after I have signed?

Yes, but come conditions apply. Contact us for more details.
 

Note: Contact us for a no cost or obligation consultation to discuss addtional details and to figure out if a guaranteed sale will work for you.


Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.