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3 Comments on Pre-Inspections
I always recommend a pre-listing home inspection as a way to sweeten the offering. It has many benefits:
*reveals any hidden issues so seller can deal with them up front
*justifies your list price
*eliminates any further negotiations after the buyer would have done an inspection
*lays all your cards on the table
*expedites the sale
*shows you have nothing to hide
*saves the cash-strapped buyer some money
Better than offering a Home Warranty in my book and the attorneys love them.
Sometimes you can get an inspector to agree to a very reduced price IF you let him do a pre-inspection on ALL of your listings! It's a win-win!
Many of our inspectors will do an inspection at a reduced price. It is definitely a win-win. I had a transaction where I was representing the buyer and we negotiated the price to the seller's bottom line. After inspections, the seller had to do several thousand dollars in repairs. I use this as an example to encourage sellers to do inspections, it helps eliminate those surprises.