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

Homes for Sale Under $500K in Tempe: Where Buyers Still Have Options

Homes for Sale Under $500K in Tempe: Where Buyers Still Have Options

September 01, 202617 min read

Finding homes for sale under $500K in Tempe can feel a little different than it did a few years ago. Buyers are still looking for the same things they have always wanted, a comfortable home, a good location, a manageable monthly payment, and a neighborhood where they can actually enjoy living, but the homes that fit into that price range may require a little more thought than simply searching for a three-bedroom house and choosing the one with the nicest photos.

That does not mean there are no good options.

Far from it.

If your budget is around $500,000, Tempe still gives you several ways to buy into the area, but you need to understand what that budget can realistically get you and where you may need to make a tradeoff. In some cases, that tradeoff might be square footage. In another home, it could be the age of the property, the size of the yard, the number of updates, or whether you are looking at a single-family home, townhouse, or condo.

And that is actually good news for buyers who are willing to look beyond the perfect listing.

A home does not have to check every box to be a great fit. Sometimes the better opportunity is the house that has a solid location, a functional layout, and good bones but needs some cosmetic work. Other times, a smaller home in the right part of Tempe can make more sense than stretching your budget for extra space you may not really need.

If you are trying to stay under $500,000, the goal is not simply to find the cheapest home available. It is to figure out where your money will give you the lifestyle you want.


Start Here: What Does $500K Actually Buy in Tempe?

Before you start scrolling through listings, it helps to reset your expectations a little.

A $500,000 budget in Tempe does not mean you are limited to one specific type of property, but it also does not mean every part of the city will offer the same choices. Tempe has a mix of older established neighborhoods, townhome communities, condos, smaller single-family homes, and properties in areas where location carries a significant part of the price.

That variety is one of the reasons buyers continue to look here.

You might find an older single-family home with a decent-sized lot that needs updating. You might find a remodeled townhouse with less outdoor space but a more modern interior. A condo could give you a desirable location and lower maintenance responsibilities, while a smaller detached home may give you more privacy and the feeling of having a traditional house.

The right choice depends heavily on what you want your day-to-day life to look like.

This is also why I would not recommend setting your search to $500,000 and assuming that everything below that number is automatically a bargain. A $475,000 home that needs a new roof, major HVAC work, plumbing repairs, and thousands of dollars in cosmetic improvements is a very different financial decision from a $495,000 home that has already been maintained and updated.

The listing price is only the beginning of the conversation.


Tempe Is a Location-First Market for Many Buyers

One of the biggest reasons buyers are willing to consider a smaller or older home in Tempe is location.

You are buying into a community that puts you close to major roads, employment centers, Arizona State University, restaurants, shopping, parks, recreation, and other parts of the Valley. Depending on where you live in Tempe, you can also have relatively easy access to Scottsdale, Mesa, Chandler, Phoenix, and the airport.

That convenience has real value.

For some buyers, being able to spend less time driving is worth giving up an extra bedroom or a larger backyard. If you work nearby, commute regularly, or simply like having restaurants, coffee shops, trails, and other activities within a short drive, the location can become one of the biggest advantages of buying a home in Tempe.

It is also worth remembering that a neighborhood can change the way your home feels more than the interior finishes do.

A beautifully renovated kitchen is nice, but if you spend an hour commuting each way and rarely have time to enjoy the area around your house, you may eventually wish you had prioritized location differently.

That is one reason I encourage buyers to spend time driving through neighborhoods before making an offer. Look at the streets during the morning commute. Come back in the evening. See how easy it is to get to the grocery store, your favorite restaurants, work, school, parks, or whatever places are part of your normal week.

Those details become very real once you live there.


Where Buyers May Need to Compromise

Under $500,000, you will probably need to decide which features matter most to you.

That does not necessarily mean you have to settle. It means you need to know what you are willing to trade and what you are not.

For example, maybe you want a detached home but do not care if it is smaller. In that case, an older Tempe neighborhood with modest homes could be worth a closer look.

Maybe you want a newer interior and do not care about having a large backyard. A townhouse could give you a more updated living space without pushing you far beyond your budget.

Maybe location is your top priority and you are perfectly comfortable with a condo because you would rather be close to the places you enjoy than spend your entire budget on square footage.

Or perhaps you are downsizing and actually do not need the extra bedrooms and maintenance that come with a larger house. In that situation, understanding whether a condo or townhouse makes more sense when downsizing in Tempe can help you think through the decision before you get too attached to a particular property.

The key is to decide your priorities before you fall in love with a house.

That sounds simple, but it can save you a lot of frustration.


Older Homes Can Be Worth a Look

When buyers hear that a home is older, they sometimes assume that means the property is going to be a problem.

That is not always the case.

Tempe has many established neighborhoods where homes were built decades ago, and those properties can offer something newer developments often cannot: location, mature landscaping, established streets, and a sense that the neighborhood has had time to develop its own personality.

You may find a house with an older kitchen but a great floor plan. You may find original bathrooms that are perfectly functional but not particularly exciting. You may find a backyard with mature trees that would take years to recreate somewhere else.

Of course, older homes need to be evaluated carefully.

The age of the roof matters. So does the HVAC system, electrical panel, plumbing, windows, insulation, and overall maintenance history. A home inspection becomes especially valuable because you want to understand what you are buying before you commit to the property.

There is a big difference between buying a house that needs new countertops and buying a house that has expensive systems nearing the end of their useful life.

Cosmetic work can often be handled over time.

Major systems are another story.


A Home That Needs Cosmetic Work Could Be Your Opportunity

This is where buyers with a little patience can sometimes find something interesting.

A home does not need to look perfect on the day you buy it to become a great place to live. Paint colors can change. Flooring can be replaced. Light fixtures can be updated. Cabinets can be refreshed. Landscaping can be improved.

Those projects may not be particularly glamorous, but they can completely change how a house feels.

The trick is knowing the difference between cosmetic work and expensive structural or mechanical issues.

If the house has an awkward paint color and worn carpet, that is one thing. If it has foundation concerns, major water damage, an aging roof, or significant electrical problems, that is a very different situation.

This is where having someone who understands the local market can help you put the property into context. You want to know whether the price reflects the condition and whether the improvements you are considering make sense for the neighborhood.

You do not want to spend $60,000 renovating a home in a way that the surrounding market will never support.

That is how a “good deal” can become an expensive lesson.


Condos and Townhomes Open Up Another Part of the Market

If your search is strictly for detached houses, you may be overlooking some of the best opportunities available under $500,000.

Tempe's condo and townhouse market can make sense for buyers who care more about location and convenience than having a large lot.

There are also buyers who simply do not want the responsibility of maintaining a large property. They would rather spend their weekends doing something else than worrying about landscaping, exterior maintenance, or a long list of home projects.

That can be a perfectly reasonable choice.

The part you need to understand is the HOA.

Monthly HOA dues are a real housing expense, and you should look carefully at what they cover, how much they cost, whether the community has adequate reserves, and whether there are any upcoming assessments or major projects planned.

A property with a lower purchase price can still have a higher monthly cost if the HOA fee is substantial.

You also want to understand the rules. Some communities have restrictions involving rentals, pets, parking, exterior changes, or other things that may matter to you later.

The right condo or townhouse can be a great fit, but you need to evaluate the entire ownership picture rather than looking only at the list price.


Think About the Cost of Staying Too

There is another side of the affordability conversation that buyers sometimes overlook.

You may be thinking about how much it costs to buy a home, but it is also worth thinking about how much it costs to stay in your current home if it no longer works for your life.

Maybe your family has changed. Maybe the house is too large. Maybe maintenance has become a constant headache. Maybe you are spending money on repairs for a property that no longer fits the way you actually live.

If that sounds familiar, the hidden costs of staying in a Tempe home that no longer fits your family are worth considering before deciding that moving is too expensive.

Sometimes the more expensive decision is not moving.

Sometimes it is continuing to pay for space, maintenance, utilities, and repairs that do not give you much value anymore.

That does not mean everyone should move. It simply means the comparison should be based on your real numbers and your real life, not just the sticker price of a new home.


Neighborhood Matters More Than the Listing Photos

One of the easiest mistakes to make when searching for homes under $500,000 is getting too focused on the listing itself.

You see new flooring, a remodeled kitchen, fresh paint, and a beautifully staged living room, and suddenly you are emotionally attached to the house.

Then you drive around the neighborhood and realize it is farther from work than you thought, the street is busier than you expected, or the surrounding area does not feel like somewhere you want to spend the next several years.

That is why I always tell buyers to look beyond the house.

Walk around if the neighborhood allows it. Drive the streets. Check nearby businesses. Pay attention to traffic patterns. Think about where you will go for groceries, exercise, coffee, dinner, and weekend activities.

Tempe has a lot to offer outside the walls of the house, and that is part of what you are paying for.

If outdoor access is important to you, it is worth looking at the best parks and outdoor spots in Tempe before you choose a neighborhood, especially if you want walking, biking, green space, or easy places to get outside without driving across the Valley.

Your home should fit into your life.

It should not make your life harder just because the kitchen looked great in the listing photos.


What About the Tempe Lifestyle?

For buyers who have not lived in Tempe before, the appeal can be difficult to understand from a listing search alone.

Tempe has a different personality from many of the surrounding East Valley communities. It has an established feel, a strong connection to Arizona State University, a mix of residential and commercial areas, and a location that makes it easy to get around much of the Valley.

There is also more variety than you might expect.

One neighborhood can feel quiet and residential, while another is closer to restaurants, entertainment, and busier streets. Some buyers want that energy. Others want to be tucked away from it.

That is why it helps to think about what you actually want your life to look like after the move.

If you want a quieter suburban environment with newer homes and large floor plans, Tempe may not always be the obvious first choice.

But if you want convenience, an established community, access to amenities, and a location that keeps you connected to several parts of the Valley, Tempe can make a lot of sense.

If you are still trying to figure out whether the city fits the kind of lifestyle you want, taking a closer look at the pros and cons of moving to Tempe can help you weigh the bigger picture before you start making offers.


Do Not Forget the Monthly Payment

A $500,000 purchase price can sound manageable until you calculate the actual monthly cost.

Your payment may include principal and interest, property taxes, homeowners insurance, and potentially HOA dues. If you put less than 20 percent down, mortgage insurance may also be part of the equation depending on your loan.

Then there are the costs that do not show up in the mortgage payment.

Utilities.

Maintenance.

Repairs.

Landscaping.

Appliances.

And the occasional expense that seems to arrive at exactly the wrong time.

This is why I would rather see a buyer purchase a $450,000 home comfortably than stretch to $500,000 and have no financial breathing room after closing.

Owning a home should feel sustainable.

You should have enough room in your budget to enjoy your life, handle normal maintenance, and deal with the occasional surprise without feeling like every repair is a crisis.


What Should Buyers Look for Under $500K?

When I am helping a buyer search in this price range, I would rather have them focus on the things that are difficult or expensive to change.

Location is one.

Lot position is another.

The overall layout matters too. You can change flooring and paint much more easily than you can change the basic structure of a home.

I would also pay attention to the condition of the major systems, the amount of natural light, parking, storage, outdoor space, and how the home fits your actual furniture and routine.

Then look at the cosmetic details.

If the countertops are ugly but the floor plan works, that may be fine. If the bathroom needs updating but the plumbing is in good condition, that may be a manageable project.

But if you walk into a house and immediately start making excuses for the location, layout, commute, and neighborhood because you love the kitchen, take a step back.

You may be trying to talk yourself into something that does not actually fit.


The Best Deal May Not Be the Cheapest House

This is probably the biggest mindset shift I would encourage buyers to make.

The cheapest house is not automatically the best deal.

A $420,000 home that needs $70,000 of work is not necessarily better than a $475,000 home that is well maintained and needs very little attention.

Likewise, a $490,000 home with a perfect interior may not be the right purchase if the neighborhood, commute, HOA, or long-term resale potential does not work for you.

Value is personal.

For one buyer, value means a big backyard. For another, it means being five minutes from work. Someone else may care most about having a low-maintenance property that they can lock up and leave when they travel.

That is why there is still room for buyers under $500,000 in Tempe.

You just have to define what “good value” means to you.


Who Should Consider Buying Under $500K in Tempe?

This price range can work particularly well for buyers who are willing to be flexible about the home itself while staying firm about the things that actually affect their lifestyle.

That could mean a first-time buyer who wants to get into Tempe without taking on a larger mortgage than necessary.

It could be a couple who would rather have a smaller home in a convenient location than a larger house farther away.

It could be someone downsizing who no longer wants to spend weekends maintaining a big property.

It could even be an investor or future rental owner, although that requires a completely different analysis involving rental restrictions, projected income, expenses, and long-term numbers.

The common thread is flexibility.

If you need a brand-new, fully renovated, large single-family home in a highly sought-after part of Tempe and you want to stay comfortably below $500,000, your choices may be limited.

If you are open to different property types, older homes, smaller footprints, or homes that need cosmetic improvements, the search becomes much more interesting.


A Little Patience Can Go a Long Way

The Tempe market is not static.

Listings come and go. Some homes attract immediate attention. Others sit because buyers overlook them due to dated finishes or less-than-perfect photos.

That is where patience can help.

You do not need to buy the first home that looks good online.

You need to be ready when the right one appears.

That means having your financing lined up, knowing your comfortable price range, understanding your must-haves, and being clear about what you are willing to compromise on.

It also means looking at the numbers instead of letting emotion make the decision for you.

There will probably be a few houses you love that do not work.

That is okay.

There will also be houses that do not look particularly exciting online but make a lot more sense once you see them in person.

Those are the ones worth paying attention to.


Final Thoughts

Homes for sale under $500K in Tempe are still out there, but finding the right one takes a little more than sorting listings from lowest to highest price.

You have to look at the neighborhood, the condition of the home, the monthly costs, the commute, the property type, and the way you actually want to live.

Maybe your best option is an older single-family home with a good layout and a yard. Maybe it is a townhouse with fewer maintenance responsibilities. Maybe a condo makes more sense because location matters more to you than having extra space.

There is no single answer for every buyer.

What matters is finding the combination that works for your budget and your life.

And if you are shopping around $500,000, do not assume that you have missed your opportunity to buy in Tempe. You may simply need to search a little differently, look past the cosmetic details, and be honest about which features matter enough to pay for.

The right home may not be the biggest one you can afford.

It may be the one that gives you a comfortable payment, a location you enjoy, and a lifestyle that still feels good long after the excitement of closing day wears off.

That is a much better way to think about buying a home.

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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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