When listing a property, one of the most common tasks overlooked by the seller and real estate agent is the pre-listing home inspection. Whatever the reasoning, this simple step can pay off big for both the seller and agent.
In Southern California, the home inspector is more commonly hired by the Buyer and arrives at your property after a contract is negotiated to inspect and list any defects, safety issues and future maintenance. When significant problems are found by the Home Inspector the buyer may:
-Terminate the contract.
-Ask for inflated amounts to have the problem fixed.
-Be so alarmed by the defect found, they terminate the contract without giving you the
chance to fix it.
Either way your house is back on the market and the problem is still there for the next buyer to find.
A pre-listing Inspection makes selling your home an easier process. More often your pre-listing home inspection will show a few minor issues easily repairable. If your pre-listing inspection is performed and significant damage or defects are found, there may be disappointment, but no hysteria or regret. No deal about to go sour. Your agent will discuss the problems with you and will determine if this listing is "AS IS" with full disclosure, or what repairs are in need of correcting to expedite the sale. You can correct any problem areas, and have your home re-inspected. Hammond Inspection Services returns a clean revised report. When your buyer enters a contract agreement with you, the Buyer can choose to have another inspection performed. No major problems should be found by the second inspection. The deal coasts downhill to closing. Everyone is happy.
REAL ADVANTAGES to the Pre-Listing Home Inspection:
-You can choose your own CREIA Certified inspector rather than be at the mercy of the buyer's choice of inspector.
-You can schedule the inspection at your convenience.
-It may alert you of any items requiring immediate personal concern.
-The report can help you and your agent realistically price your home if any issues exist.
-The pre-listing inspection report will help prepare you for the appraiser; your home may appraise for more.
-The report can help your substantiate a higher asking price if there are no issues or if they have been corrected.
Your Pre-Listing Inspection Can Reveal Issues Ahead of Time Which:
-Gives you time to make repairs and shop for competitive contractors.
-Can permit you to attach repair estimates or paid invoices to the inspection report.
-Removes over-inflated buyer procured estimates from the negotiation table.
-The report might alert you to any immediate safety issues found, before agents and visitors tour the home.
-Repairs made ahead of time will help homes show better.
-A pre-listing inspection is the ultimate gesture in forthrightness on the part of the seller.
-A pre-listing inspection lightens negotiations and 11th - hour renegotiations.
-Seller inspections relieve the agent of having to hurriedly procure repair estimates or schedule repairs.
Bottom line: Your home sells faster and for a higher price. Now, isn’t that reason enough to invest a little to gain more?
I'm a CREIA certified home inspector. I have built Hammond Inspection Services to be more than just an inspection company. I started this blog to be more of a resource to home buyers, sellers and real estate agents.