HouseMaster Partners with Industry Leader Xactware to Provide Repair Cost Estimates for Homebuyers
Repair Estimate Reports offers home buyers easy-to-access, accurate insights to budget for home repairs
SOMERVILLE, N.J., Dec. 21, 2018 /PRNewswire-PRWeb/ -- HouseMaster has been providing information on the condition of accessible, major elements of for-sale homes for almost 40 years, helping generations of homebuyers make informed purchase decisions. Today, the original home inspection company announced its partnership with Xactware®, a leading technology provider for the property industry, to offer a new way for homebuyers to rapidly estimate home repair costs based on the results of their home inspection.
During the homebuying process, consumers typically need to ask sellers to either make repairs or reduce the price of the home, and investors or buyers interested in homes sold "as-is" need to consider the impact of repairs on their budget. Consumers can now turn to HouseMaster for a new way to get fast, reliable repair estimates — a service called Repair Estimate Reports.
"Getting reliable quotes in a short amount of time is an incredible challenge for homebuyers and real estate investors," said HouseMaster President and CEO Kathleen Kuhn. "Repair Estimate Reports will speed up the transaction and provide consumers with greater peace of mind."
As part of a HouseMaster home inspection, consumers can now simply click "Create a Repair Estimate Report," enter the property information, and begin generating quotes on items to repair. Repair Estimate Report builds estimates using cost information that has been researched and validated by Xactware.
Founded in 1986, Xactware is a Verisk business that specializes in technologies for the property insurance, remodeling, restoration, and mortgage and lending industries. Today, 23 of the top 25 property insurance companies in the United States and all 10 of the top 10 Canadian insurers use Xactware's property insurance claims tools. HouseMaster's Repair Estimate Reports is the most comprehensive personal estimator available because it's the only one powered by Verisk's decades of pricing data on neighborhoods across the U.S. and Canada.
"HouseMaster knows home inspections and homebuyers, and Xactware knows estimating, data and software," said David Obert, Xactware Vice President of Property Solutions. "Together, we've been able to create a tool that gives consumers access to the most in-depth and verified cost estimates in North America."
One repair estimate report is available with every inspection. Consumers can purchase additional reports on the company's website for $29 USD.
About HouseMaster
Founded in 1979 and Headquartered in Somerville, N.J., HouseMaster is the oldest and one of the largest home inspection companies in North America. With more than 315 franchised areas throughout the U.S. and Canada, HouseMaster is the most respected name in home inspections. For almost 40 years, HouseMaster has built upon a foundation of solid leadership and innovation with a continued focus on delivering the highest quality service experience to their customers and providing HouseMaster franchisees the tools and support necessary to do so. Each HouseMaster franchise is an independently owned and operated business. HouseMaster is a registered trademark of HM Services, LLC.
For more information, please visit HouseMaster.com.
SOURCE HouseMaster
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