Special offer

Inspection Response. How Much Do You Share?

By
Real Estate Agent with Windermere Real Estate

 An interesting debate surfaced last week at my office and I thought I would throw it out to the Active Rain community.  When you are representing a buyer and have just completed an inspection, how much information from the inspection report do you share with the seller and listing agent?  Some, will send a complete copy of the report, some will cut and paste only the parts that are pertinent to the counteroffer.  Others will not forward any part of the inspection report. 

The dilemma is that you want to provide enough information to the seller to support your counter offer assuming there is one.  On the other hand, sending the entire report can be seen as an attempt to leverage your position due to the fact that any information in the report is now known to the seller and should your offer fall through, the seller would need to disclose any new information on the disclosure form for all future potential buyers.

So what do you do?  I for one, have a tendency to ask the listing agent if they would prefer the entire copy.  If not, I will typically cut and paste only the sections that support the counter offer.   On the other hand, I have to admit that I have been in very hostile negotiations and in order to demonstrate that we are in fact being generous in not asking for more, sent the entire report. 

Thoughts?

Posted by

Rob Graham, Managing Broker

Windermere Real Estate

206-321-6349

robgraham@windermere.com

Audrey June-Forshey
RE/MAX Realty Services - Darnestown, MD
GRI, Gaithersburg, MD
Rob, I have always sent the entire report to the listing agent.  One of my thoughts has been more along the lines of "look, we aren't asking you to fix everything that is wrong with the house."  The fact that it is now material information is the listing agent and seller's responsibility?  I think being forthright and clear are the best policy.  I have to watch out for my buyer.
Apr 07, 2008 09:11 AM
Ryan Bretzel
Keller Williams Premier - Stillwater, MN
Most of the time the listing agent will want to see the inspection report if you are asking for a reduction in purchase price or things to be fixed based on the report.  I normally don't provide it unless I know that agent is hard to convince and will need proof.  It is always easy to leverage your side by using what the inspector said.  I would have to say most of the time it will be a case by case situation.  No really rules or guidelines to follow.
Apr 07, 2008 09:11 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

If we ask for repairs, we verify the defect with a copy of that page only.  Pages that aren't a part of the notice for repairs don't go. 

I believe that the home inspection report is the property of the home buyer.  If the seller wants it, they can buy it. 

Apr 07, 2008 09:11 AM
Bryant Tutas
Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL
Selling Florida one home at a time
Rob, That's a good question. As a listing broker all I want is an addendum with the requested repairs. Whenever a REALTOR(R) sends me over the entire report I just send it back and ask for the addendum. It's not my job to decipher the inspection report. Usually by doing this the buyer will eliminate quite a bit of the stuff that they don't care about. Then the seller can just concentrate on the items the buyer is concerned about.
Apr 07, 2008 09:14 AM
Debbie Summers
Charles Rutenberg Realty - New Smyrna Beach, FL

Rob - I send an addendum with the repair requests and I send a copy of the inspection report as supporting evidence.  I don't cut and paste, I give them the summary only. 

I once had a buyer's agent send me the inspection report saying the buyer wants everything fixed, I laughed and said send me an addendum, this report means nothing to me.

Apr 08, 2008 02:07 PM
Kevin Gyllenblad
Edina Realty Crosslake - Crosslake, MN
Broker - Brainerd Lakes Area

Hello Rob,

With just about all inspections reports I have seen over my brief 6 years in Real Estate it seems that you will have something come up on a inspection.  When you look at all of the aspects to a home, in deed something will surface, whether it be new construction or a 100 year old home.  When it comes to providing a report I feel all homes sales are dealt with differently.  Have a great day.

Apr 08, 2008 02:20 PM
Joseph Michalski
Precision Home Inspection - Lansdale, PA
PA Home Inspector

Just my 2 cents here - but blogs like this one are helpful in providing some insight for an inspector (like me) who wants to give you a report in the most useful format.  I already include a summary (synopsis of the report) but have been thinking about adding it in a bullet point fashion rather than the brief narrative style it is currently in.

It sounds like this may be more helpful to any agents who would like to send an addendum as they can just cut and past from the bullet point list.

Thanks again for helping me rethink what I do to make it more useful to my clients and you (their agents).

Also, I may be wrong on this (and I am sure a sage PA agent will correct me if I am) but here in PA the report is the property of the client (buyer) but the seller has the right to a copy of the full report upon request.

Apr 08, 2008 02:26 PM