TERMS OF USE

Last Updated: April 2023

 Please read these Terms of Use carefully before continuing on with your use of the Services. By accessing and/or using the Services (including without limitation our websites and mobile applications) You are agreeing to these Terms of Use. IF YOU DO NOT AGREE WITH THESE TERMS, DO NOT ACCESS OR USE THE SERVICES. By registering with or accessing the Service you are acknowledging and accepting these Terms of Use (these "Terms"). Capitalized terms are defined below.THESE TERMS OF USE CONTAIN A MANDATORY INDIVIDUAL ARBITRATION AND CLASS ACTION/JURY TRIAL WAIVER PROVISION THAT REQUIRES THE USE OF ARBITRATION ON AN INDIVIDUAL BASIS TO RESOLVE DISPUTES, RATHER THAN JURY TRIALS OR CLASS ACTIONS. BY AGREEING TO THESE TERMS OF USE AND THE ARBITRATION AND CLASS ACTION WAIVER PROVISION, YOU WAIVE YOUR RIGHT TO BRING A LAWSUIT IN COURT.Coldwell Banker Real Estate LLC (“We”) fully support the principles of the Fair Housing Act and the Equal Opportunity Act.Some words used in these Terms of Use have a specific definition. You can find these definitions at the end of these Terms of Use.

1. These Terms
This is a legally binding agreement. The terms "you" and "your" refer to an individual registering with or accessing the Service. You represent that you have the full right, power, and authority to enter into and perform these Terms without the consent of any third party.We may, in our sole discretion, amend these Terms from time to time upon notice. Your continued use of the Service after any such change constitutes your acceptance of the amended Agreement. If you do not agree to any portion of these Terms at any time, you must cease your access and use of the Service.

2. Use of the ServiceA. Accounts
You may register, maintain, and create an Account for the Service. You are responsible and liable for all activities conducted in connection with your Account, for maintaining the security of your username and password, and for the accuracy of all information relating thereto, including contact, technical and payment information, and your login credentials. You will promptly (i) update any Account information when it changes, and (ii) notify us of any unauthorized use of your Account, including any security or data breach. You may only connect to the Service through your Account and in accordance with our access procedures. You will not allow an Account to be shared or used by more than one individual. By providing us with your email address you consent to us sending you Service-related notices. You must be eighteen (18) years of age or older to use the Service.

B. Service Rules
You will use the Service strictly in accordance with these Terms, all Documentation, the Privacy Policy, and Applicable Law. You will not engage in any of the following activities:

(i) use the Service in violation of any third-party license or agreement;

(ii) use the Service to collect, process, or store bank account information, credit or debit card information, personally identifiable information pertaining to children under 13, or health or medical information (including 'Protected Health Information' as defined in the Health Insurance Portability and Accountability Act of 1996);

(iii) sublicense, sell, transfer, assign, distribute, republish, rent, lease or transmit in any form or by any means any part of the Service;

(iv) use, modify, copy, or create derivative works from the Service or Marks without the applicable owner's written permission, including without limitation using automated or manual means to access Content from the Service;(v) frame, mirror, embed or otherwise incorporate any portion of the Service in any other service or product;(vi) scrape or use any automated means to collect data from the Service or any website;

(vii) reverse engineer, decompile, or disassemble any part of the Service, or use or access any part of the Service in connection with any other product or service using features, functions or graphics similar to any part of the Service;

(viii) remove, obscure, or alter any Intellectual Property Rights notice related to any part of the Service or Marks;

(ix) send or store unsolicited, infringing, harassing, obscene, threatening, harmful, defamatory, or otherwise unlawful Content;

(x) facilitate the transmission or use of any: (a) malicious code (including malware, viruses, worms, and Trojan horses); (b) traps, time bombs, or other code with a latent ability to disable or cripple software or services; or (c) code that would allow any party to interfere with or access any of portion of the Service;

(xi) interfere with, disrupt, or overburden the integrity or performance of the Service, or interfere with any other use of the Service;

(xii) attempt or assist others to attempt to gain unauthorized access to the Service or its related systems or networks; or(xiii) use the Service in any way not expressly authorized by these Terms.

C. Service Changes; Suspension
We may, without prior notice, change the Service, stop or suspend access to any or all of the Service,

or create usage limits for the Service. Your continued use of the Service after any change or limitation constitutes your acceptance thereof.

D. Monitoring; Records
We have the right, but not the obligation, to review and monitor your use of the Service at any time, with or without notice, including Communications, to ensure compliance with these Terms.

E. User Content and Behavior
Because we do not control Content, you acknowledge and agree that we are not responsible for any Content and we make no guarantees regarding the accuracy, currency, suitability, or quality of any Content. Your interactions with Users are solely between you and such Users and we are not responsible or liable with respect to any such interactions. If there is a dispute between you and any User, we are under no obligation to become involved. We reserve the right to change, condense or delete any content, information, or other materials on the Service (including your Content).

F. Your Representations You represent and warrant that you:

(i) are entitled to grant the rights and licenses to your Content under these Terms and none of your Content will infringe any party's Intellectual Property Rights or violate Applicable Law;


(ii) will not sublicense, sell, license, assign, or transfer to any party any information obtained through the Service or engage in any other commercial exploitation of the Service;

(iii) have the right and authority to enter into these Terms, and that by entering into or executing your obligations under these Terms, you will not be in breach or violation of the terms of any agreement with or obligation to any third party;


(iv) are a prospective purchaser or seller of real property in the geographic areas where we are licensed and operating with a bona fide interest in the purchase or sale of such real property;

(v) have not signed any agreement with a real estate broker or agent that would prevent you from using one of our offices as your sole and exclusive broker or agent, and you do not have a contract or agreement with any third party that would interfere with our representation of you;


(vi) will limit your search on the Service to properties within your anticipated purchase ability or price range and to the properties that meet your other criteria;

(vii) will not (a) contact the owner or seller of any property from information gained through the Service or (b) attempt to enter the property or speak with an owner or seller without an appointment set by us;

(viii) will abide by all copyright restrictions placed on the content of the Website including, but not limited to, any material or data compilations where we or others may hold the copyright;

(ix) agree that we may also represent other prospective buyers seeking to purchase properties that may meet your criteria;

(x) authorize us to review and provide copies of various documents in any of your transactions relating to the Service, including without limitation home inspection reports and closing papers;

G. Agent Users
Any User that holds any type of real-estate license, including, but not limited to a brokers, associate brokers or salespersons license other than Agents must immediately advise us before that User may access any password protected material including, without limitation, house listing data or other data compilations. We reserve the right to deny or terminate access to any real-estate agent who is not an Agent, except for the real-estate agent's limited purpose of accessing the Website for verifying compliance with MLS rules.

H. Property Data Restrictions
In addition to other restrictions herein, for the avoidance of doubt, all property data provided on the Service is for your personal, sole and private, non-commercial use and not available for redistribution, retransmission or copying. You may not sell or use such data for any purpose, other than the purpose of attempting to evaluate properties or properties for sale or purchase. You acknowledge that the MLS data on the Service is owned by the respective MLS, and you acknowledge the validity of the MLS's copyright to such data.

3. Licenses

A. License to You
Subject to these Terms, we grant you a non-exclusive, non-sublicenseable, nontransferable, limited

right, solely during the term of the Agreement, to access and use the Service solely for your non- commercial purposes related to searching for real estate for personal use.

B. License to Us
You grant to the us a non-exclusive, sublicensable, transferable, perpetual, irrevocable, royalty-free, worldwide license to use, develop, transmit, distribute, modify, reproduce, publicly display, and create derivative works of any of your Content to provide, develop, maintain, support, and improve the Service and the Affiliated Entities services.

C. Maps
The Service may feature Microsoft Bing Maps and Google Maps. Use of Microsoft Bing Maps is subject to the Bing Maps Terms of Use and use of Google Maps is subject to the Google Maps Terms of Use and Privacy Notice. Such services are not under the control of Affiliated Entities. Please review the terms of use or privacy policies of these services for rights and restrictions.

4. Ownership Rights

A. Our Ownership Rights
As between you and us, (i) we solely and exclusively own and will continue to own all right, title and interest in and to the Service and Marks; (ii) you will do nothing inconsistent with such ownership, including by challenging title or registering or attempting to register Marks or any similar trademarks; (iii) no title to or ownership in the Service or Marks, or any associated Intellectual Property Rights embodied therein, is transferred by implication to you under these Terms; and (iv) any use of Marks by you that is permitted under these Terms will inure to the benefit of and be on behalf of the applicable owner. You will promptly notify us of any use of the Service or Marks by any party that is not authorized by these Terms. If you provide us or any affiliate with Feedback, you assign to such entity all right, title and interest in and to such Feedback, including all Intellectual Property Rights therein, waiving all claims thereto, including claims of payment and credit.

B. Your Ownership Rights
As between you and us, and subject to Sections 3(B) and 4(A) above, you own all right, title and interest in and to your Content.

5. Data
You agree that the Affiliated Entities, including us, may collect, store, use, and distribute information in accordance with the Privacy Notice, including in respect of your information and data. You will comply with the Privacy Notice. Without limiting the rights contained in the Privacy Notice, You understand and agree that we may use both the data you input into as well as usage data (such as search criteria) to provide and improve our real estate services.

6. Compliance
We do not provide compliance services.You agree that the Service is provided for your convenience only, and not for purposes of enabling you to meet your obligations under Applicable Law and third-party agreements. You are solely responsible for ensuring compliance with such obligations.

7. Payment
If any amounts are due hereunder, you will pay us in accordance with statements issued by us or otherwise as agreed within the Service. Pricing for any portion of the Service is subject to change upon our notice. Pricing excludes, and you will pay, all taxes, but neither party will pay income taxes of the other party. For any amount you fail to pay by its due date, we may charge you a late penalty on the amount overdue each day it is overdue until it is paid, equal to the lesser of (a) the maximum legally permissible interest rate, and (b) an interest rate of five percent (5%), which reflects the cost of our efforts to collect your payment. You will pay amounts through the means determined by us, including without limitation through a payment service provided by us or a PSP. If a PSP is used, you may also be required to register with the PSP, agree to the PSP's terms of service and privacy policies, and go through a vetting process at the request of the PSP. Please note we are not a party to the PSP's terms of service and privacy policies and we have no obligations or liability to you under any such terms or policies.

8. NO WARRANTIES
THE SERVICE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, EXPRESS, IMPLIED, OR STATUTORY. USE OF THE SERVICE HEREUNDER IS AT YOUR SOLE RISK. THE AFFILIATED ENTITIES DISCLAIM ALL WARRANTIES, EXPRESS, IMPLIED, OR STATUTORY INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY , FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON- INFRINGEMENT, AS WELL AS ANY IMPLIED WARRANTY ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OF TRADE. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, NO AFFILIATED ENTITY, INCLUDING US, AND EACH OF THEIR LICENSORS AND SUPPLIERS DO NOT WARRANT THAT ANY PORTION OF THE SERVICE, CONTENT THEREIN OR MLS FEED IS ACCURATE, RELIABLE OR CORRECT; THAT THE SERVICE WILL MEET YOUR REQUIREMENTS OR COMPLY WITH LAWS APPLICABLE TO YOU; THAT ANY PORTION OF THE SERVICE WILL BE AVAILABLE AT ANY PARTICULAR TIME OR LOCATION, UNINTERRUPTED, BACKED UP, SECURE, OR FREE FROM BREACH OR INTERCEPTION OF DATA OR YOUR CONFIDENTIALITY INFORMATION; THAT ANY DEFECTS OR ERRORS WILL BE CORRECTED; OR THAT THE SERVICE IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. ANY CONTENT DOWNLOADED OR OTHERWISE OBTAINED THROUGH THE SERVICE IS DOWNLOADED AT YOUR OWN RISK. NEITHER US NOR ANY AFFILIATED ENTITY WARRANT, ENDORSE, GUARANTEE, OR ASSUME RESPONSIBILITY FOR ANY PRODUCT, SERVICE, LINK OR ADVERTISEMENT OFFERED BY ANY THIRD PARTY THROUGH THE SERVICE OR ANY LINKED WEBSITE OR SERVICE, AND NEITHER US NOR ANY AFFILIATED ENTITY WILL BE A PARTY TO OR IN ANY WAY MONITOR ANY TRANSACTION BETWEEN YOU AND ANY SUCH THIRD PARTY.

9. LIMITATION OF LIABILITY
IN NO EVENT WILL ANY AFFILIATED ENTITY, INCLUDING US, OR ANY OF THEIR EMPLOYEES, LICENSORS, CONSULTANTS, CONTRACTORS, OR DIRECTORS, BE LIABLE FOR COSTS OF PROCUREMENT OF SUBSTITUTE GOODS, LOSS OF REVENUES, LOSS OF PROFITS, LOSS OF DATA, ERRORS, OMISSIONS, MISCALCULATIONS, MISREPRESENTATIONS OF VALUE, OR FOR ANY DIRECT, INDIRECT, SPECIAL, CONSEQUENTIAL, INCIDENTAL, EXEMPLARY, OR OTHER DAMAGES. THIS LIMITATION OF LIABILITY APPLIES WHETHER THE ALLEGED LIABILITY IS BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR ANY OTHER BASIS, EVEN IF ANY AFFILIATED ENTITY, INCLUDING US, HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. THIS LIMITATION ON LIABILITY DOES NOT APPLY TO PERSONAL INJURY. OUR LIABILITY TO YOU FOR USE OF AND/OR ACCESSING THE SERVICES OR WEBSITES SHALL IN NO EVENT EXCEED THE GREATER OF THE FEES, IF ANY, YOU HAVE PAID FOR THE SERVICES OR TEN(10)DOLLARS. THEREFORE GOING LIMITATION OF LIABILITY WILL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW IN THE APPLICABLE JURISDICTION.

10. Indemnification
You will indemnify, defend and hold us, including any Affiliated Entity, harmless from and against any and all Claims to the extent arising out of or in connection with your (i) breach of these Terms; (ii) conduct involving fraud, negligence, omissions, or willful misconduct; and (iii) misuse of the Content or any other misuse of the Service.

11. Third Parties
We may, in our sole discretion, (a) delegate or subcontract the performance of any portion of the Service to third party service providers, and (b) make available one or more Third Party Products to you in connection with the Service. Third-Party Products may be separately licensed to you by their respective providers. If you access a Third-Party Product from the Service, you do so at your own risk, and the User understands that these Terms and the Privacy Notice do not apply to your use of such sites. You expressly relieve us from any and all liability arising from your use of any Third-Party Product, and we make no representations or warranties of any kind in respect thereof. PLEASE ALSO VISIT THIRD PARTY WEBSITES TO REVIEW THEIR TERMS OF USE. ADDITIONALLY, THERE MAY BE LINKS TO THIRD PARTY SITES WHICH ARE NOT UNDER OUR CONTROL AND WE ARE NOT RESPONSIBLE FOR THE CONTENTS OF ANY LINKED SITE.

12. Confidentiality
Recipient may use Disclosing Party's Confidential Information solely to perform Recipient's obligations or exercise its rights hereunder. Recipient will not knowingly disclose, or permit to be disclosed, Disclosing Party's Confidential Information to any third party without Disclosing Party's prior written consent, except that Recipient may disclose Disclosing Party's Confidential Information solely to Recipient's employees and/or subcontractors who have a need to know and who are bound in writing to keep such information confidential pursuant to confidentiality agreements containing nondisclosure obligations substantially similar to those in these Terms. Recipient agrees to exercise due care in protecting Disclosing Party's Confidential Information from unauthorized use and disclosure, and in any case will not use less than industry standard security measures and the degree of care a reasonable person would use. The foregoing will not apply to any information that: (i) is in the public domain through no fault of Recipient; (ii) was properly known to Recipient, without restriction, prior to disclosure by Disclosing Party; (iii) was properly disclosed to Recipient, without restriction, by another person with the legal authority to do so; (iv) Recipient independently develops without use of Disclosing Party's Confidential Information; (v) is expressly permitted to be disclosed pursuant to the terms of these Terms; or (vi) is required to be disclosed pursuant to a judicial or legislative order or proceeding; provided that, where possible, Recipient provides to Disclosing Party prior notice of the intended disclosure and an opportunity to respond or object thereto. Our Confidential Information includes these Terms, our pricing, our Intellectual Property Rights, and the Service. Notwithstanding the foregoing, our obligations under this section are subject to the disclaimers set forth in Section 8 above.

Our obligations with respect to your Confidential Information under these Terms are subject to the Privacy Notice. Please review our Privacy Notice.

13. Termination
These Terms will continue in full effect unless and until your Account or these Terms is terminated as described herein. We may terminate these Terms for convenience upon notice. Upon termination of the Agreement, the rights and licenses granted to you hereunder will immediately terminate. Upon termination of these Terms, you grant to us a non-exclusive, non-sublicenseable, non-transferable, irrevocable, and perpetual license to use the data and information collected by the Service under your Account during the term of these Terms, and to use such data and information in accordance with the Privacy Notice.

14. Third Party Beneficiary
You expressly acknowledge and agree that we have the right (and will be deemed to have accepted the right) to enforce these Terms against you as a third-party beneficiary thereof, and that we will have the full benefits of these Terms. These Terms do not and are not intended to confer any rights or remedies upon any person other than the parties and as otherwise expressly stated herein.

15. Assignment
These Terms, and any rights and licenses granted hereunder, may not be transferred or assigned by

you without our prior written consent, but may be assigned by us without restriction. Any attempted transfer or assignment in violation hereof will be nil and void.

16. General

A. Nature of Relationship
The relationship of the parties under these Terms will be that of independent contractors. Neither these Terms as a whole or any part of these Terms will render either party the agent, representative, servant, or employee of the other party. Neither party has the power, express or implied, to bind the other party in any manner or to make representations on behalf of the other party regarding any matter. Except as stated in the Agreement, we will in no way be restricted from using or commercializing all or any portion of the Service or performing or receiving any services from any third-party including services the same as or similar to the Service provided or received in connection with these Terms.

B. MODIFICATION
We may modify any of these terms and conditions at any time, in our sole discretion, by posting the updated Terms. The changes will become effective no sooner than 30 days after posting, please check the Terms from time to time for updates. YOUR CONTINUED USE OF AND/ACCESS OF THE SERVICES OR THE WEBSITES FOLLOWING A CHANGE WILL CONSTITUTE YOUR ACCEPTANACE OF THE CHANGE.

C. AGREEMENT TO ARBITRATE DISPUTES
PLEASE READ THIS SECTION CAREFULLY - IT MAY SIGNIFICANTLY AFFECT YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT AND TO HAVE A JURY HEAR YOUR CLAIMS. ARBITRATION IS A WAIVER OF THE RIGHT TO BRING SUIT IN COURT.

THIS SECTION CONTAINS PROCEDURES FOR MANDATORY BINDING ARBITRATION AND A CLASS ACTION WAIVER. IF YOU ARE A U.S. RESIDENT, YOU ALSO AGREE TO THE FOLLOWING MANDATORY ARBITRATION PROVISIONS:

WE BOTH AGREE TO ARBITRATE:

You and all Affiliated Entities agree to resolve any claims relating to these Terms through final and binding arbitration, except that, to the extent you have in any manner violated or threatened to violate our intellectual property rights (for example, trademark, trade secret, copyright, or patent rights). Under such circumstances, any Affiliated Entities may bring a lawsuit solely for injunctive relief to stop unauthorized use or abuse of the Site, or intellectual property infringement (for example, trademark, trade secret, copyright, or patent rights) without first engaging in arbitration or the informal dispute resolution process described above.

WHAT IS ARBITRATION: Arbitration is more informal than a lawsuit in court and seeks to resolve disputes more quickly. Instead of a judge or a jury, the case will be decided by a neutral arbitrator who has the power to award the same damages and relief that a court can. Thus, you agree that you are waiving your right to sue or go to court to secure relief, and instead agree to the arbitration process as stated in this provision. If any provision of this arbitration agreement is found unenforceable, the unenforceable provision shall be severed, and the remaining arbitration terms shall be enforced.

ARBITRATION PROCEDURES: The Federal Arbitration Act governs the interpretation and enforcement of this dispute resolution provision. Arbitration shall be initiated through JAMS. Any dispute, controversy, or claim arising out of or relating to these Terms shall be referred to and finally determined by arbitration in accordance with the JAMS Streamlined Arbitration Rules and Procedures.If there is a conflict between JAMS Rules and the rules set forth in this Agreement to Arbitrate, the rules set forth in this Agreement to Arbitrate will govern. The JAMS Rules and instructions for how to initiate an arbitration are available from JAMS at http://www.jamsadr.com or 1-800-352-5267. To initiate arbitration, you or we must do the following things:

• (1) Write a demand for Arbitration. The demand must include a description of the Claim and the amount of damages sought to be recovered. You can find a copy of a Demand for Arbitration at www.jamsadr.com.

• (2) Send three copies of the Demand for Arbitration, plus the appropriate filing fee to your local JAMS office.

• (3) Send one copy of the Demand for Arbitration to the other party.

Payment of all filing, administration and arbitrator fees will be governed by the JAMS Rules, except that for claims of less than $1,000, you will be obligated to pay $25 and we will pay all other administrative costs and fees. In addition, for claims of less than $1,000, we will reimburse you for the $25 fee if the arbitrator rules in your favor. Arbitration under this agreement shall be held in the United States county where you live or work, New Jersey, or any other location we mutually agree to, subject to New Jersey law. The arbitration may award on an individual basis the same damages and relief as a court (including injunctive relief). Any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction.

AUTHORITY OF ARBITRATOR: The arbitrator will decide the rights and liabilities, if any, of you and us, and the dispute will not be consolidated with any other matters or joined with any other cases or parties. The arbitrator shall have the authority to grant motions dispositive of all or part of any claim. The arbitrator shall have the authority to award monetary damages and to grant any non-monetary remedy or relief available to an individual under applicable law, the Arbitration Rules, and the Terms. The arbitrator shall issue a written award and statement of decision describing the essential findings and conclusions on which the award is based, including the calculation of any damages awarded. The arbitrator has the same authority to award relief on an individual basis that a judge in a court of law would have. The award of the arbitrator is final and binding upon you and us. The arbitrator's decision may be entered as a judgment in a court of competent jurisdiction.

NO CLASS ACTIONS: You may only resolve disputes with us on an individual basis and may not bring a claim as a plaintiff or a class member in a class, consolidated, or representative action. Class arbitrations, class actions, private attorney general actions, and consolidation with other arbitrations are not allowed.

WAIVER OF JURY TRIAL: THE PARTIES HEREBY WAIVE THEIR CONSTITUTIONAL AND STATUTORY RIGHTS TO GO TO COURT AND HAVE A TRIAL IN FRONT OF A JUDGE OR A JURY, instead electing that all claims and disputes shall be resolved by arbitration. Arbitration procedures are typically more limited, more efficient and less costly than rules applicable in court and are subject to very limited review by a court. In the event any litigation should arise between you and the Affiliated Entities in any state or federal court in a suit to vacate or enforce an arbitration award or otherwise, BOTH PARTIES HEREBY WAIVE ALL RIGHTS TO A JURY TRIAL, instead electing that the dispute be resolved by a judge. YOU ACKNOWLEDGE THAT YOU HAVE BEEN ADVISED THAT YOU MAY CONSULT WITH AN ATTORNEY IN DECIDING TO ACCEPT THIS AGREEMENT TO ARBITRATE.

 OPT-OUT OF AGREEMENT TO ARBITRATE: You can decline this agreement to arbitrate by emailing us at [email protected] and providing the requested information as follows: (1)Your Name; (2) the URL of Terms of Use and Agreement to Arbitrate Disputes; (3) Your Address; (4) Your Phone Number; (5) and clear statement that you wish to opt out of this arbitration provision in the Terms of Use. The Opt-Out Notice must be emailed no later than 30 days after the date you first accept the Terms of Use by using the website.

Choice of Law/Forum Selection In any circumstances where the Agreement to Arbitrate Disputes permits the parties to litigate in court, these Terms shall be governed by and construed in accordance with the laws of the State of New Jersey, excluding its conflict of law rules. You further expressly consent and agree to submit to the exclusive jurisdiction and venue of a court of competent jurisdiction in the United States District Court for the District of New Jersey or in state court in Morris County, New Jersey.

D. Notices

All notices and other communications to be given to any party hereunder will be sufficient for all purposes hereunder if in writing, properly addressed as set forth below in this section and delivered (a) by hand or courier (delivery of notice deemed to occur upon delivery), (b) if sent electronically on the date delivered to the authorized email address, (c) by overnight delivery service (delivery of notice deemed to occur upon delivery and written confirmation thereof by such service), (d) by certified or registered mail, return receipt requested, with appropriate postage prepaid (delivery of notice deemed to occur upon signature of the receipt by the recipient), or (e) if from us to you, posted to your Account on the date posted. If to us, notices may be sent to [email protected]. If to you, your email and mailing address as identified in our records.

E. Headings; Interpretation
Section headings used in these Terms are used for convenience only and are not to be considered in construing or interpreting these Terms. As used herein, "including" means "including without limitation."

F. Severability
The provisions of the Terms are intended to be interpreted in a manner which makes them valid, legal, and enforceable. In the event any provision of the Terms is found to be partially or wholly invalid, illegal or unenforceable, such provision shall be modified or restricted to the extent and in the manner necessary to render it valid, legal, and enforceable. It is expressly understood and agreed between the parties that such modification or restriction may be accomplished unilaterally by us, or alternatively, by disposition of an arbitrator or a court of law. If such provision cannot under any circumstances be so modified or restricted, it shall be excised from the Terms without affecting the validity, legality or enforceability of any of the remaining provisions.

G. Waiver
A waiver of any provision of these Terms must be made in writing to be effective, and our waiver of a

breach of any provision or right contained in these Terms will not constitute a continuing waiver or waive any subsequent breach or right.

H. Force Majeure
Except with respect to your payment obligations, neither party will be liable for failures or delays in the performance of its obligations hereunder due to causes beyond its reasonable control, including, in respect of the provision of the Service, failures or delays caused by our service providers, any act of God, sabotage or terrorist attacks, inclement weather, accidental damage, vandalism, failure or shortage or power supplies, flood, drought, lightning or fire, strike, lock-out, trade dispute or labor disturbance, or any act or omission of government or other competent authorities, including those related to communicable diseases, epidemics, pandemics or other dangers to public health.

I. Entire Agreement
These Terms, and documents incorporated herein, comprises the entire agreement between us and

you and supersedes all prior or contemporaneous negotiations, discussions, or agreements, whether written or oral, between the parties regarding its subject matter.

J. Survival
Sections 1, 2(E), 2(F), 2(G), 2(I), 3(B), 4-17 will survive any termination or expiration of these Terms.

Definitions.

"Account" means the account provided by us that you to manage and access the Service."Affiliated Entities" means, collectively, us, and our parent, subsidiaries, affiliates, and, where applicable, our and their service providers and licensors.


• "Agent" means a real estate-broker, salesperson, agent, associate broker, or similar state licensed real-estate professional licensed with one of our franchisees."App" means a mobile application that may be provided as part of the Service."Applicable Law" means any statute, law, ordinance, rule, regulation, or requirement of a governmental entity that applies to a party or its business.


• "Claim" means, collectively, claims, costs, damages, losses, liabilities, Fines, and expenses (including reasonable attorneys' fees and costs).


• "Communications" means parts of the Service that includes electronic communications services, and document storage and management services, all as provided by us (or, at your selection, by a third party through a Third-Party Product) for your use.


• "Confidential Information" means any information that (i) a party ("Disclosing Party") discloses to the other party ("Recipient"), either directly or indirectly, in writing or orally or by inspection of tangible objects, and (ii) identified as confidential at the time of its disclosure or that should reasonably be understood to be confidential in nature.


• "Content" means any content, data or information provided by a party for inclusion in the Service or uploaded to, transmitted or submitted by a party through the Service, including Communications.


• "Documentation" means the technical and operational documentation made available to you by us regarding any portion of the Service."Feedback" means ideas, suggestions, or recommendations on the Service provided by you."Fine" means any and all fines, penalties, refunds, charges, debits, deductions, legal fees and costs incurred by or other sums payable to any party.


• "Intellectual Property Rights" means all patent rights, copyright rights, mask work rights, moral rights, rights of publicity, rights of privacy, trademark, trade dress and service mark rights, goodwill, trade secret rights, and other intellectual property rights as may now exist or hereafter come into existence, and all applications therefore and registrations, renewals and extensions thereof, under the laws of any state, country, territory, or other jurisdiction.


• "Marks" means an Affiliated Entity's proprietary trademarks, trade names, and service marks, including registrations and applications for registrations thereof and all renewals, modifications and extensions thereof."MLS Feed" means a local listing service ("MLS") feed(s) provided through the Service."Privacy Notice" means the Privacy Notice for a Website or App and other portions of the Service, as provided and modified by us from time to time in our discretion.

• "PSP" means a third-party payment service provider selected by us.

• "Service" means our hosted service (including Websites and Apps), software, Documentation, and any services made available to you by us hereunder, all as may be modified by us from time to time in our discretion.


• "Third Party Products" means the third-party applications and/or services, if any, which may be offered, made available or integrated by us to you for use as part of, or in connection with the Service.

"User" means users of the Service.

"We," "our," and "us" means Coldwell Banker Real Estate LLC.

"Website" means a website that may be provided by us as part of the Service.

"You" and "your" means the individual entering into these Terms with us.

PRIVACY POLICY

Buying Your First Home in Tempe: Resale vs. New Construction

Buying Your First Home in Tempe: Resale vs. New Construction

October 08, 2026•17 min read

Buying your first home in Tempe can be exciting, but it can also get confusing pretty quickly once you start comparing resale homes with new construction. At first, the choice can seem simple. A brand-new home has fresh finishes, modern layouts, and that feeling of being the first person to live there. A resale home may be older, but it could be in a neighborhood you already love, closer to the places you visit every week, and priced in a way that gives you more room in your budget.

The tricky part is that the difference goes much deeper than whether the kitchen cabinets are new.

You are really deciding how you want to live, how much maintenance you are comfortable taking on, where you want to spend your weekends, what kind of commute you can live with, and how much flexibility you want after you close. For a first-time buyer, those details matter because your first home is not just a purchase. It is where your routines start to take shape.

Tempe gives buyers an interesting mix because the city has established neighborhoods, older homes with character, condos and townhomes, newer developments in and around the area, and easy access to places throughout the East Valley. You can find a home that feels established and full of personality, or you can choose something newer where fewer things feel like they need attention right away.

So, which one makes more sense for you?

Let’s look at the real tradeoffs.


Start With How You Want Your Life to Feel

Before you compare countertops, floor plans, or monthly payments, think about what you actually want from your first home.

Do you want to walk into a house where most of the finishes already look current and you do not have a long list of projects waiting for you? Or would you rather buy in a neighborhood you really like, even if the home has an older kitchen, dated flooring, or a backyard that needs some work?

That answer can tell you a lot.

New construction tends to appeal to buyers who want convenience and a clean slate. You get newer systems, current design choices, and a home that was built with today's buyer in mind. A resale home can give you something different. You may get a larger yard, a more established neighborhood, mature landscaping, or a location that puts you closer to the parts of Tempe you already enjoy.

And location is worth paying attention to because two homes with similar prices can create completely different daily experiences.

One might put you close to your favorite restaurants, parks, work, and the places you normally run errands. The other might give you a newer home but add twenty minutes to your drive every day.

That difference adds up.


What Makes a Resale Home Attractive in Tempe?

There is something appealing about buying a home in a neighborhood that has already had time to develop.

With a resale property, you are not guessing what the area will feel like years from now. You can drive through the neighborhood at different times of day, see how busy the streets get, look at the surrounding homes, and get a much better sense of whether you actually like being there.

That can be especially helpful in Tempe because the city has so many established areas with their own personalities.

Some neighborhoods feel quiet and residential, while others put you closer to restaurants, shopping, Arizona State University, major roads, parks, and other everyday conveniences. Mature trees and established landscaping can also make an older neighborhood feel completely different from a newly built community where everything is still taking shape.

There is also the possibility of getting more house for your money.

That does not happen automatically, of course, and resale prices vary widely depending on the neighborhood, condition, size, and location. But an older home may give you features that are harder to find in newer construction at the same price, such as a larger lot, a more established backyard, a separate living area, or a location that would be difficult to recreate with new development.

The tradeoff is that you need to look beyond what you see during the showing.

An updated kitchen can make a home feel move-in ready, but that does not tell you everything about the roof, HVAC system, plumbing, electrical work, windows, or other major components. A good home inspection becomes especially valuable because you want to know what you are buying before you commit to it.


Resale Homes Can Have More Personality

One of the biggest advantages of buying resale is that you can find homes that feel different from one another.

Maybe one has a great backyard with mature trees. Another has an unusual floor plan that happens to work perfectly for the way you live. Another might have been remodeled while still keeping some of the original character that made the house interesting in the first place.

You have more variety to work with.

That can be a big deal if you are the kind of buyer who walks into a home and immediately starts imagining how you would use the space. You might be willing to paint, replace flooring, update lighting, or slowly remodel a bathroom because you like the neighborhood and the overall layout.

The important thing is knowing the difference between a cosmetic project and a major expense.

Replacing light fixtures is one thing. Discovering that the roof is nearing the end of its useful life is another.

That is why first-time buyers should not automatically assume that the least expensive home is the best deal. The purchase price is only one part of the financial picture.


The Appeal of New Construction

New construction has a different kind of appeal, and it is easy to understand why so many first-time buyers are drawn to it.

Everything feels fresh.

The appliances are new, the flooring has not been worn down by years of use, the paint is clean, and the floor plan often reflects the way people want to live today. You may also get energy-efficient windows, newer HVAC equipment, modern insulation, and other features that can make the home more comfortable and easier to maintain.

There is also something nice about not inheriting someone else's list of repairs.

With a resale home, the previous owner may have replaced certain systems recently, or they may have put those projects off. With new construction, you are starting at the beginning of that ownership cycle.

That does not mean nothing will ever break. New homes can have problems too. Construction defects, settling, appliance issues, landscaping concerns, and warranty repairs can still come up. The difference is that you generally have builder warranty coverage that can help address certain issues, depending on the builder and the terms of the warranty.

That is one reason it is worth understanding exactly what the builder warranty covers instead of simply assuming that “new” means “problem-free.”


New Does Not Always Mean Better

This is where first-time buyers sometimes get caught off guard.

A new home can look incredible in a model or listing photo, but you still need to pay attention to the things that are not immediately visible.

For example, a builder may offer a base price that looks attractive, but the home you actually want could cost considerably more after you add upgraded flooring, countertops, cabinets, appliances, lighting, window coverings, landscaping, or other features.

Those upgrades can add up quickly.

You also need to look at the lot and the surrounding development. Is the home backing up to a busy road? Will there be additional construction nearby? Are there future phases planned? How much landscaping will you have to complete yourself? Are there HOA fees, special assessments, or community amenities that affect your monthly costs?

None of those questions mean you should avoid new construction. They simply mean you should look at the whole purchase instead of focusing on the shiny kitchen.

If outdoor space is important to you, it is worth looking beyond the size of the backyard and thinking about how you actually spend your free time. A newer home might have a smaller yard, but if it puts you close to parks, walking paths, trails, and other outdoor spots you enjoy, that could be a better fit for your lifestyle. Best parks and outdoor spots in Tempe can also give you a better idea of what is nearby and help you decide whether having a larger backyard is really worth giving up a more convenient location.


What About Maintenance?

This is one of the biggest differences between resale and new construction, especially for someone buying their first home.

A newer home will usually require less immediate maintenance simply because the major components have not been in service for decades. You are less likely to move in and immediately wonder when the roof was last replaced or whether the air conditioner is going to survive another Arizona summer.

That peace of mind has value.

At the same time, a resale home is not automatically a maintenance nightmare. Plenty of older Tempe homes have been carefully maintained and updated over the years. In some cases, the previous owner may have already replaced the roof, HVAC system, windows, water heater, or other expensive components.

You just need to find out what has been done.

Ask for receipts when they are available. Look at permits when appropriate. Review seller disclosures carefully. Pay attention during the inspection. If something looks old, ask how old it is rather than assuming it has recently been replaced.

Those questions may not feel exciting when you are house hunting, but they can save you from a very expensive surprise later.


Think About Your Monthly Payment, Not Just the Purchase Price

First-time buyers often start with one number: “How much house can I afford?”

A better question is, “What monthly payment feels comfortable for my life?”

Those are not always the same thing.

A home that technically fits your lender's approval amount may still leave you feeling stretched every month. Remember that your housing costs can include the mortgage, property taxes, homeowners insurance, HOA fees, utilities, maintenance, and sometimes additional expenses tied to the property.

New construction can create another budgeting issue because buyers sometimes spend more than expected on upgrades. That $400,000 base price can become something very different once you choose the finishes and features you actually want.

Resale homes can have the opposite issue. You might get a lower purchase price, but you may need to set aside money for updates or repairs.

Neither option is automatically cheaper.

The better choice is the one where you understand the full cost and still feel comfortable with the payment.


Location Can Matter More Than Age

If you find yourself choosing between a 2026 home in a less convenient location and a 25-year-old home five minutes from everything you use, do not automatically choose the newer house.

Think about your normal Tuesday.

Where do you work? How long do you want to spend in the car? Where do you grocery shop? Do you like going out for dinner? Do you want easy access to parks? Are you close to friends or family? How often do you use major roads or public transportation?

Those questions are more useful than asking whether one home has newer cabinets.

A home is something you experience every day, and the neighborhood becomes part of that experience.

That is also why it helps to spend some time thinking about what everyday life in Tempe would actually look like for you before making a decision. The city has plenty to offer, but things like traffic, location, pace of life, nearby amenities, and the overall feel of the area can make a big difference once you are living there day after day. The pros and cons of living in Tempe can give you a better sense of what to expect and help you decide whether the city really fits the lifestyle you want.


What About Resale Value?

Nobody can guarantee what your home will be worth years from now, and you should be careful with anyone who tells you otherwise.

Still, there are certain things that can make a property easier to sell when the time comes.

Location is one of them.

A home that is convenient to employment, transportation, shopping, recreation, and other everyday needs can have a broader appeal than a property that requires a long drive for everything. The condition of the home matters too. Buyers tend to notice when a property has been well maintained.

With new construction, the biggest question can be how much nearby inventory exists when you eventually decide to sell. If the builder is still selling brand-new homes in the same community, you could be competing with a newer product that comes with builder incentives and customization options.

With resale homes, you may have more flexibility because your property can stand out based on its lot, upgrades, mature landscaping, location within the neighborhood, or other features that are difficult to duplicate.

Again, there are no guarantees. The goal is simply to buy a home that makes sense for your life today while keeping tomorrow in mind.


What If You Are Not Sure You Will Stay Long-Term?

This is a question first-time buyers should ask themselves honestly.

Maybe you are buying a starter home. Maybe you expect your job to change. Maybe marriage or children are somewhere in your future. Maybe you simply do not know what the next five years will look like.

That does not mean you should avoid buying.

It means you should think carefully about flexibility.

A smaller resale home in a strong location could make sense if you want a lower purchase price and do not expect to need much space right away. A new construction home with a modern floor plan might make more sense if you expect your household to grow and want a layout that can adapt.

If you are already questioning whether you really need all the space you are considering buying, it is worth thinking about how your housing needs might change over time. A home that feels perfect today may eventually become more space than you need, and holding onto a property that no longer fits your lifestyle can come with its own costs. The hidden costs of staying in a home that no longer fits your family are easy to overlook, especially when moving feels like a hassle, but they are worth considering before you decide how much house you actually need.


Resale vs. New Construction: Which Buyer Usually Prefers What?

There is no perfect choice, but your priorities can make the decision much easier.

A resale home may be a better fit if you care most about an established neighborhood, a convenient location, a larger lot, more architectural variety, or the chance to buy a home with character and improve it over time.

New construction may be a better fit if you want modern finishes, newer systems, fewer immediate maintenance concerns, an updated floor plan, and the ability to choose certain finishes before the home is completed.

If you are considering a smaller home because you want less maintenance or simply do not need as much space, it is worth looking at different property types before settling on a single-family home. Choosing between a condo and a townhouse when downsizing in Tempe can come down to how much privacy, outdoor space, maintenance, and monthly expense you are comfortable with. For some buyers, a condo or townhouse can make everyday life easier while still giving them the benefits of owning a home.

New construction may win if the idea of spending your first few years as a homeowner dealing with repairs sounds exhausting.

Neither preference is wrong.

You just need to be honest about what matters to you.


Do Not Forget About the HOA

This deserves its own conversation because HOA fees can affect your monthly budget and your overall experience.

Many newer communities have HOAs, and some established neighborhoods do too. The monthly cost can vary, but the fee itself is only part of the equation.

You should also understand what the HOA covers, what the rules are, whether there are restrictions on exterior changes, how the community handles common areas, and whether there are any additional fees you should know about.

If you are buying a resale home, review the HOA documents carefully.

If you are buying new construction, ask for the documents before you commit so you have time to understand what you are agreeing to.

You do not want to discover after closing that the neighborhood rules affect something you had planned to do with your property.


What Should First-Time Buyers Look at During a Showing?

Try not to spend the entire showing looking at the pretty stuff.

Yes, look at the kitchen. Look at the flooring. Picture your furniture in the living room.

But then slow down.

Open the cabinets. Check the windows. Look at the age and condition of major systems. Pay attention to the smell of the home. Look for signs of water damage. Listen for unusual noises. Check the storage space. Think about where you will put your everyday things.

Then walk outside.

How does the backyard feel? Is there enough privacy? How much maintenance will it require? Does the lot back up to something you are comfortable with?

And after you leave, drive around the neighborhood.

You might love the house and realize you do not like the street. That is valuable information to have before you make an offer.


Your First Home Does Not Have to Be Your Forever Home

There is a lot of pressure around buying your first home because people sometimes treat the decision like you are supposed to find the perfect house that will work for every stage of your life.

That is not realistic.

Your first home can simply be the right home for the life you are living now and the future you can reasonably see.

Maybe that means buying a smaller resale home in a neighborhood you love. Maybe it means choosing new construction because you want a low-maintenance place where you can settle in without taking on a list of projects.

The key is not making the decision based on what you think you are supposed to want.

Make it based on what actually matters to you.


Final Thoughts

When you are buying your first home in Tempe, the resale-versus-new-construction decision comes down to more than age and appearance.

A resale home can give you location, character, mature neighborhoods, larger lots, and the chance to find a property that feels different from everything else on the market. New construction can give you modern design, newer systems, fewer immediate maintenance concerns, and a home that feels fresh from the day you move in.

Both can be great choices.

The better option is the one that fits your budget, your daily routine, your plans, and your comfort level with maintenance.

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Nancy Wittenberg

Nancy Wittenberg is a trusted REALTOR® serving Chandler, Gilbert, and the East Valley of Arizona. She helps buyers and sellers navigate the local housing market with clear guidance, honest advice, and strong advocacy. Her signature Buyer Care Plan™ walks clients step by step from the first consultation through closing and beyond, helping buyers feel confident and informed at every stage. For homeowners preparing to sell, Nancy acts as a Strategic Market Guide, helping sellers manage pricing strategy, buyer psychology, and negotiations that determine how a home sale actually unfolds. Nancy holds designations including GRI, ABR®, and SRS, reflecting her commitment to professional excellence and client advocacy in the East Valley real estate market. If you're thinking about buying or selling a home in Chandler, Gilbert, or the East Valley, reach out to Nancy for a conversation, not a pitch.

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