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It's a common misconception that home inspections are only done for someone looking to purchase a home. However, almost everyone involved in the real estate transaction can benefit greatly from having a pre-listing inspection done, thus avoiding potential problems during purchase negotiations.
When is the Pre-Listing Inspection Done?
A pre-listing inspection is performed before the home is listed on the market. This gives the seller a heads up to any significant issues with the home, which can be addressed before a potential buyer discovers them during their own home inspection. Many conditional purchase offers fall through as a result of problems found during the home inspection, which is frustrating and time consuming for everyone involved.
What Are the Other Benefits of a Pre-Listing Inspection?
The benefits are numerous, but the following are typical positives of pre-listing inspections.
- Disclosing the condition of the home upfront will help to eliminate conditional offers, price reductions, or other issues with negotiations.
- Purchase offers dissolving because the buyer changed their mind, are greatly reduced. This in itself is extremely beneficial for everyone involved.
- The seller can leave the inspection report out for buyers to review. Buyers often remove the home inspection as a purchase condition once they see that it has already been done.
Additionally, if the home is found to be in better condition than originally thought, the listing price can reflect this. Everyone wins!
If you’re selling your home, we highly recommend considering a pre-listing inspection to make your sale as quick and easy as possible!
Check us out online for more information on Home Inspections!
Pre-Listing Home Inspection is very important because its give seller the opportunity to make repairs or improvement themselves or at cost that is likely less what the potential buyer may ask off of the asking price for the home
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