Reasons to Order a Pre-Listing Home Inspection
Selling a home is a time-consuming process that is stressful at times. This is especially true when selling an older house. If you’re planning to put your house on the market, a pre-listing inspection will help you streamline the process. Here are some of the benefits of ordering a home inspection before you list your house.
A Pre-Listing Inspection Identifies Issues
During a pre-listing inspection, a professional will inspect your home and prepare a report showing any problems in the home. Knowing about these issues gives you enough time to make repairs before presenting your property to buyers. Alternatively, you may instead choose to sell the home as-is, but disclose the defects in your listing.
If you wait for the buyers to order a home inspection, be prepared to deal with requests for repairs. Some buyers will close the deal only when repairs have been completed. Many times a buyer will assign the task to a contractor of their choice and you’ll be responsible for the costs of repairs.
If you wait until the buyer orders an inspection, they may walk away from the sale or choose to begin negotiating repairs. When you order an inspection ahead of time, you’ll know the condition of the property and will be prepared for negotiations. You can also set a fair price that reflects any issues you choose not to repair. This will help the sales process move along more quickly.
Attract More Buyers and Higher Offers
A home purchase is a significant investment and a pre-listing inspection report showing the home in excellent condition gives you a competitive edge. It is a great marketing tool for building trust with a prospective buyer. If they feel you’re a trustworthy seller, the buyer will be more likely to place an offer on the home.
Price the Home Correctly with a Pre-Listing Inspection
While closing deals in real estate usually takes time, pricing a property too high is a common reason a seller receives few offers. You might underestimate the value of your home because you’ve lived there for many years. A pre-listing inspection will find any problems and you can adjust your price accordingly. If the inspection findings are positive, use that information in your favor.
A pre-listing inspection is a valuable tool for a smooth home-selling process. The benefits of hiring a home inspector exceed the cost. You’ll see your home through the buyer’s perspective, allowing you to prepare for the sale more strategically. With the right information, you’ll avoid unpleasant surprises and other issues that may derail a sale.