Cinch Inbound Warranty Transfer Process
When an REA or homeowner wishes to transfer their existing warranty, they must be advised of the following:
- There is a transfer form that needs to be completed and a $25 fee that needs to be paid to transfer the balance of the warranty.
- If they wish to transfer the current year and add a year, the $25 transfer fee is waived.
- The additional year is enrolled at the discounted new warranty pricing and not the renewal pricing (renewal pricing is typically much higher).
- The fee and any balance on the remainder of the year must be paid in full prior to the transfer completion.
Here is what you need to do:
- Collect the $25 transfer fee plus any remaining balance on the account.
- Can be paid later, however it will not be transferred until all fees are paid.
- Submit a QuickBase request for transfer form to be emailed to the customer/REA.
- Capture and enter the email address of where to email transfer form.
- Once we receive the completed form, we will notate the account and forward it to Accounting for processing.
- If an additional year is required, Service Center Team will enroll it.
- Accounting will not process the transfer until all fees have been paid.
- In the event the fees or balance due was not paid, it will be sent back to the associate that requested the transfer form to contact the customer and collect the fees/balance.
Please do not change the name on the warranty as this can only be done by accounting.
Related Articles
Cancel Contract System Process
When a customer requests to cancel remember to use your AIM to Save Rebuttals. Save Offer/Cancel Contract is used to assist with retention efforts by displaying an Offer Incentive, and moving forward with cancelling the contract if the customer ...
Acquisition Fee and Process
Acquisition Fee Acquisition fees refer to service or administration fees paid to the real estate company for purchase of warranties. Acquisition fees may be paid up front by the buyer or lessee or added to the loan amount and paid over the term of ...
Homeowner Transfer Warranty Script
Homeowner Transfer Warranty Script This script is used when the homeowner requests the remaining warranty coverage to be transferred to the new buyer. GREETING Thank you for calling Membership Services. This is _______________. Who do I have the ...
Home Sold Guidelines
You may receive a call from a homeowner who is in the process of selling or has recently sold their home. We must first congratulate them and then utilize the following procedure to determine the best solution for the homeowner. Actively listen to ...
Sears Home Warranty: Contact Information and Internal Call Transfer Procedures
Sears Home Warranty customers can request service at https://my.searshomewarranty.com or call (855) 256-2467, 24 hours a day, 365 days a year. All calls are to be greeted and closed with the Sears Home Warranty brand. Web Address The ...