You’ve probably heard the ads: “Your home sold guaranteed, or we’ll buy it.” But what does that actually mean?
In this episode of The Real Estate Podcast, Ariel Kormendy and Adrian Trott break down how guaranteed home sale programs really work, why the guaranteed price may be much lower than a seller expects, and what conditions may be hidden in the fine print. They discuss why these programs often involve scheduled price reductions, below-market buyout prices, extra fees, and restrictions that may require sellers to buy their next home through the same team. If you’re thinking about selling and a guaranteed sale program sounds appealing, this episode will help you understand what you’re really agreeing to before signing anything.
Have you ever seen or been offered a “home sold guaranteed” program? Let us know in the comments.
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0:00 Intro
3:27 What Does the Guarantee Actually Promise?
4:48 Why the Guaranteed Price Is Below Market Value
5:50 Structured Price Reductions Explained
7:05 The $1 Million Home Example
7:26 How Scheduled Price Drops Work
8:25 Extra Fees, Legal Costs, and Conditions
9:14 Being Required to Buy With the Same Team
10:41 Realtor Incentives vs. Real Selling Strategy
11:28 The $850K Guarantee Scenario
12:38 Is This Just a Lead Generation Strategy?
13:29 Advertising, Fine Print, and Disclosures
14:44 Have You Ever Used One of These Programs?
15:22 Outro/recap
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In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey.
Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT Media, KT Commercial, and our sister company, Renti, allowing us to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area.
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