The ERAŽ Seller SecurityŽ Plan:
"We Will SellYour House, Or ERAŽ WillBuy It!"Ž

Now you can buy a new home before you've sold your old one. That's the promise of the ERAŽ Sellers Security Plan, and it's just one of many exclusive benefits designed to give you peace of mind.

Guaranteed sale, guaranteed price.

When you accept an ERAŽ offer, the ERAŽ Sellers Security Plan assures you that ERA Real Estate will buy your current house if it doesn't sell within 180 days from the application date. The Sellers Security Plan assures you a guaranteed sale price on your current home while giving you the ability to purchase your new home sooner with greater negotiating power. The ERAŽ offer is based in part on two independent appraisals that ERA Real Estate will order for you. This helps assure both you and your ERAŽ professional that your house has been accurately valued.

You realize the profit, ERA Real Estate covers any loss.

You will usually receive more than the price guaranteed by the agreement for two reasons. First, the ERAŽ Sellers Security Plan allows you to accept any higher offer within 180 days of the date your house is listed. Second, if ERA Real Estate purchases your house and then resells it for more than we have invested in it (including holding expenses), the net profits are returned to you. But if they sell it for less you don't take the loss; ERA Real Estate assumes the expense.

ERA Real Estate can even help with your down payment.

Another advantage of the ERAŽ Sellers Security Plan is our policy of allowing qualified buyers to borrow against equity. You may use up to $150,000 of your available equity from the ERAŽ offer to purchase and close on your new home. So if the down payment on your new home is ERAŽ contingent on the proceeds from your old one, we've got you covered.

Here's how to make it work for you:

  1. List your house with a participating ERAŽ broker, submit a Sellers Security Plan application and agree to offer the ERAŽ Home Protection PlanŽ
  2. Select two appraisers from an approved list. ERA Real Estate will then order the first appraisal for you at your expense.
  3. If your home qualifies, ERA Real Estate will provide a preliminary offer to you based on the first appraisal. Contact your local ERAŽ professional on the policies regarding the amount of the ERAŽ offer. If you accept the preliminary offer, ERA Real Estate will order a second appraisal and general home inspection for you at your expense. ERA Real Estate will make a final offer on a qualified home, giving you the ability and assurance to purchase another home.
  4. If you accept the ERAŽ final offer, there may be an activation fee of 2.75% based on the ERAŽ purchase price when: a) you are provided an equity advance from ERA Real Estate or b) ERA Real Estate purchases the property from you, and you are reimbursed the cost of both appraisals and the general home inspection whenever this fee is paid. If your property is sold to a third party prior to the closing with ERA Real Estate and no equity advance was provided, the activation fee is not due.
  5. You also agree to purchase a home through a broker designated by ERA Real Estate. An exception is made for sellers age 55 or over who are moving to a rental property, or military personnel moving into base housing. Not all houses qualify for the ERAŽ Sellers Security" Plan. For complete information, contact your participating ERAŽ professional.
 
 
Worcester Office
2932 W. Germantown Pike   |   P.O. Box 981 Worcester, PA 19490   |   Office: (610) 631-5000   |   Fax: (610) 631-2666
Conshohocken Office
529 Fayette Street   |   Conshohocken, PA 19428   |  Office: (610) 828-3650   |   Fax: (610) 828-0366