Close More Sales with Deposit Power’s Home Equity Option

Are your buyers asset rich but cash poor? If the answer is yes, Deposit Power can help set you apart from the crowd by providing them with the freedom to purchase property today.

As an agent, it is important to provide a high level of service in order to remain competitive as well as maintaining the loyalty and trust of your buyers. The most successful agents go beyond the basics of buying and selling a home and look for ways to simplify and speed up the sales process, which in turn allows you to sell more properties. This often means that you will be required to assist your buyers with financing solutions. With Deposit Power’s new Home Equity Deposit Option, you are one step closer to helping your buyers secure their property quickly and easily.

A Home Equity Deposit Guarantee allows your buyers to move quickly to secure their next property as it removes the need to have a preapproved loan prior to purchasing a property. Potential buyers with established equity in their home can now access a deposit guarantee without the delay of waiting for their loan to be approved. It also allows you, as their agent, to open up the discussion around the listing of their existing home. In this scenario, you are not only securing the sale but potentially a new listing too.

The Deposit Power Home Equity Option also provides your buyers with a flexible cash deposit alternative. Depending on the amount of equity a buyer has in their existing property, a Deposit Guarantee can be issued for a maximum settlement term of six months and for up to 10 per cent of the purchase price on residential homes and investment properties.

Alongside the Home Equity Guarantee, Deposit Power offers a wider range of flexible deposit solutions to assist your buyers to secure their next property and you the sale. Deposit Guarantees can be issued for up to 10 per cent of the purchase price on residential homes, investment and commercial properties.

Using a Deposit Power Guarantee is a valuable tool for agents to sell more properties and provide their clients with a complete sales solution.

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