Certified Resale Home Launched to Protect Buyers and Agents in Hot Market

OAKVILLE, ONTARIO, April 17, 2017 – In time for the busy spring real estate market, FCT has launched Certified Resale Home, a cost-effective, pre-listing home inspection and warranty in partnership with AmeriSpec Inspection Services that will better protect consumers purchasing a resale home.

This innovative new service combines a comprehensive, unbiased home inspection conducted before a seller’s home is put on the market with an 18-month warranty from FCT that is transferable from seller to buyer. Sellers are able to enhance buyer comfort by reducing the risk to home buyers, especially in a multi offer market that often precludes getting a home inspection. The service was successfully piloted last year in the Niagara region and was embraced by local real estate agents and brokers as a valuable service.

The warranty covers important systems and components of the home that may be difficult to assess during the home inspection because of seasonality or accessibility, and often create the most anxiety for home owners, particularly from a financial perspective. The coverage offers a maximum of $20,000 for the repair and/or replacement of the foundation, roof, heating and cooling systems.

Certified Resale Home leverages FCT’s experience in the delivery of a superior customer experience. This new service is built on our 25-year commitment to real estate, and reflects FCT’s mission to make financial transactions simple and secure for Canadians.

Quotes:

“A home is the largest purchase most people will make in their lives. Certified Resale Home offers tremendous value to home sellers and protection to home buyers by streamlining the transaction, providing more information transparency, particularly about “blind spots,” such as the foundation, roof and heating and cooling systems. Certified Resale Home ultimately reduces anxiety and friction points in the transaction,” said Mark Page, head of Certified Resale Home, a service of FCT.

“Certified Resale Home is a game changer … and a welcome one!” said Jay Cupolo, broker, RE/MAX Niagara Realty Ltd.

“Over the past 25 years, FCT has been responding to customer need by lowering risk and delivering superior customer experiences. Our desire to provide consumers with the protection they deserve is what drove us to bring Certified Resale Home to the marketplace,” said Michael LeBlanc, CEO, FCT. “We work in a business where full disclosure is an obligation. Buyers in particular feel more secure knowing that at least four major components of the home have not only been inspected, but are covered under a warranty,” said Shannon Richard, sales representative, RE/MAX Niagara Realty Ltd.

Costs:

This new service is currently being launched in Ontario with plans to expand in the near future. Pricing is currently $689, plus HST* and includes a full home inspection and coverage for the four major home components.

To learn more about Certified Resale Home and about the benefits for Realtors, sellers and buyers, visit thecertifiedresalehome.ca or contact us at 1.855.640.1832.

*Assumes standard inspection and warranty coverage. Optional swimming pool equipment coverage is an additional $30; optional septic tank system coverage is an additional $20. The warranty commences the day of the inspection, applies during the listing and transfers automatically to the buyer on closing. Services by First Canadian Title Company Limited. The services company does not provide insurance products. This material is intended to provide general information only. Prices are subject to change without notice.

About FCT

Founded in 1991, the FCT group of companies is based in Oakville, Ontario, and has over 800 employees across Canada. The group provides industry-leading title insurance, default solutions and other real estate-related products and services to approximately 1,250 lenders, 43,000 legal professionals and 5,000 recovery professionals, as well as real estate agents, mortgage brokers and builders, nationwide. The Great Place to Work® Institute has named FCT one of Canada’s Top 50 Best Workplaces for two consecutive years (2015, 2016) and certified FCT as a Great Place to Work.

For more information on FCT, please visit the company website at www.fct.ca.

About AmeriSpec Inspection Services

AmeriSpec of Canada is a division of ServiceMaster Canada, which also supports household brands including Merry Maids, Furniture Medic, ServiceMaster Restore and ServiceMaster Clean. From its inception in 1987, AmeriSpec quickly became North America’s leading home inspection service. Today, the AmeriSpec name is the industry standard for quality, service and value. With more than 75 franchise licenses from coast to coast, AmeriSpec of Canada conducts more home inspections—and serves more satisfied customers—than anyone else in the country. For more information, visit www.amerispec.ca or call 1-866-284-6010.

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Phillip Notley
FCT
Head of Marketing
905.464.1474
pnotley@fct.ca