A pre listing home inspection (seller’s) is generally done before putting your home on the market. This type of inspection is normally paid for by the home seller or listing agent. This type of home inspection is becoming more popular with home sellers because of the many benefits it comes with. For one, it can help remove any doubt the buyer might have regarding any initial concerns. It may also reduce the stress associated with selling a home. Aside from that, there are a number of other good reasons why you should get a pre listing home inspection.
Once you get the report from your pre listing home inspection, go over the results with your listing agent. Your agent is an expert who has seen many houses and has been involved in many real estate transactions. They can use their knowledge to help guide you with repairs and upgrades. Having the inspection performed well enough in advance, gives you time to make the necessary changes without being rushed before you list your home for sale.
You can choose the home inspector you want to perform the home inspection. It can also assist in providing details of equipment maintenance, supply dates of improvements and explanations for current conditions.
You have more time to make repairs when your house is off the market and you're not in the middle of a real estate transaction. This time allows you more flexibility for completing the necessary changes. You can contact multiple contractors and compare bids for the work to be done, potentially saving you money.
A pre listing home inspection helps your agent to set a realistic price expectation based on the condition of the house. Whether there are deficiencies that you decide to have repaired, or the inspection does not uncover any big issues, the end result is the information gained from the inspection report can be used to justify a higher asking price once you do put your house up for sale.
Buyers will usually place a conditional offer on your house, and that condition allows them to have a home inspection performed before finalizing the deal. One of the last things you as a home seller want to deal with, is an unexpected house defect that could either cost you money in additional repairs, a lower selling price to account for the cost to have the defect repaired, or the buyer backing out of the sale altogether. If you have your own inspection performed beforehand, that will eliminate any last minute surprises, and allow for a smooth real estate transaction. Your agent will have fewer issues to negotiate at the last minute, and buyers may even waive their home inspection condition.
You can use the report from your pre listing home inspection as a selling tool. By having a copy accessible during any open houses or viewings, buyers will see that you are a seller that has nothing to hide. By providing full disclosure of any known deficiencies, could result in a much quicker selling process with fewer negotiations.
Buyers’ benefits include receiving a third-party review of the home’s condition before making an offer which can help in acquiring financing.
As you can see, there are many good reasons why you should get an inspection before listing your house. If you would like to take advantage of these many benefits, then book your pre listing home inspection today!