Based on the premise that properties for sale should be certified, just like cars are certified …
First, certified cars are NOT guaranteed against anything except it’s within certain mileage and conditions, and that’s provided you’re get one from the big boys like Lexus, Mercedez, or perhaps also premium lower price cars like Honda. Else, the “certified status” really mean nothing.
Do I know ?
Well, I helped to source a certified pre-owned Lexus before. Mind you, Lexus is supposed to be one of the #1 brand names in quality. It ended up, the car is never inspected properly because it has several very obvious malfunctions that should have been detected if only the car has been inspected as claimed. Unless the dealer wanted to help you, there is nothing you can do because Lexus apparently doesn’t stand behind what their dealers certify ! And you also cannot return the car like what you purchase from the big stores, no such thing in used car business.
And this is Lexus, can you imagine the rest of the Tom, Dick and Harry used car dealers that also claim their cars are “certified” ?
Long story cut short … a certified car is just that – a car that is within certain mileage without very serious visible and or noticeable damage, especially criminal records in report like CarProof (where you can find records like accident reports and claims).
From what I have experienced, the car dealer never do anything except some basic stuffs like oil change, wheel alignment, and of course, cleaning up with some shining wax. That’s all.
Coming back to this “Certified Home” … Who is certifying the house in the first place ? An online startup ? And what guarantee do they provide ?
I am not very convinced there is any need for such a service because a house is never a car, wear and tear are never the same or as critical, not even close. And how does this eSolds Internet based operation even know if a house is rotten from inside out or not ? Whereas a “Lemon Home” can be detected by home inspectors who are supposed to inspect the real estate physically … And as for the paperwork, well, I think that is what the lawyers are supposed to do.
So, what exactly can this “Online Home Certification Authority” do that is not already done and can be done better by people like Home Appraisers, Home Inspectors and even just the salesmen – Realtors ?
eSolds Announces Groundbreaking Innovations that are Set to Transform the Canadian Real Estate Market.
eSolds Inc. utilizes groundbreaking innovations in order to provide 3rd party real estate services to smart home sellers, buyers and Realtors®, and in the process, transform the Canadian real estate market.
Mississauga, Ontario (PRWEB) June 23, 2013
In 2011 eSolds Inc. was founded with the purpose of providing 3rd party real estate services to smart home sellers, buyers and Realtors®. eSolds Inc. has come up with two innovative new products that are going to change the way real estate is bought and sold in Canada.
The first product, eCertificates®, simply creates confidence for the home buyer and creates leverage to the home seller. The goal for eSolds is to make the home purchase transaction a more satisfying experience. By eliminating any buyer’s remorse, an eCertificate provides confidence within the buyer to submit an offer, and at the same time, it markets the home for sale in an innovative way, keeping customers ahead of the competition.
Based on the premise that properties for sale should be certified, just like cars are certified, eCertificates® are meant to be irrefutable proof that buyers will get what they have been promised. Sellers benefit from this because it increases the salability of their home. Real estate agents benefit in the fact that they will be able to sell homes faster. Home buyers will benefit in the security of knowing that they are getting exactly what they paid for.
Sellers can have a home certified by submitting a collection of documents to eSolds. The first document is a Comparative Market Analysis, or a Letter of Opinion prepared by a licensed and insured real estate agent. The second is a Home Inspection Report or for condominiums, a Status Certificate provided by a Home Inspector. Finally, the last document needed is Seller Property Information (SPIS), which is a current document by the Ontario Real Estate Association (OREA).
The eCertificate is issued only after a thorough review of all the documents above. Once issued, the home seller is assured of having something to show to not only real estate agents, but potential home buyers, that will assure that the home for sale, as listed, is exactly what it says it is.
The second product by eSolds is eSolds Listings®. This is a customized Sold MLS® Listings that helps buyers, sellers and Realtors® determine the fair and logical price of a property in any given area.
eSolds’ Sold MLS® Listings® is a highly useful tool for anyone involved in a real estate transaction. It is available in four different packages. The listings provide important information that includes market statistics, original list price, sold price and sold date. By using this tool, smart buyers will know exactly how much to pay for a property, and will be able to calculate the most reasonable initial price tag that can be put on a property, which allows Realtors® to give accurate advice to clients.
eSolds Inc. has one goal, which is simply to make the home purchase transaction a more satisfying experience. By eliminating any buyer’s remorse, an eCertificate provides confidence within the buyer to submit an offer, and at the same time, will market the home sellers/Realtor’s® home for sale in an innovative way. With eSolds’ Sold MLS® Listings®, home sellers will be able to list a home for sale at a reasonable price, by analyzing data and trends, and therefore ensuring that the home for sale will be sold in a prompt manner, and at a fair price.
eSolds’ two innovations, Sold MLS® Listings® and eCertificates®, are expected to lay down a new paradigm in the Canadian real estate market, and give more control to home sellers and home buyers, without taking away the important role Realtors play in the buying and selling process. These tools will give both home buyers and sellers direct access to the GTA market and elsewhere in Canada for a mutually beneficial transaction.
About eSolds Inc.
eSolds Inc is a division of Search Realty Corp.,Brokerage, which provides comprehensive Real Estate solutions in the Greater Toronto Area. Founded by Sterling Wong, eSolds Inc. provides 3rd party real estate services to smart home buyers, sellers and Realtors®. The company’s official website is http://www.eSolds.ca