Advantages of a Pre-Listing Home Inspection

By
Real Estate Agent with Keller Williams SP30603503

During the process of selling your home, one of the biggest nail-bitting moments can be when you are waiting for the inspections to come back on your home. If you are like most of us, you haven't thoroughly inspected your roof or electrical work with a fine toothed comb. Some of us have no idea what the inspector will have to say or what they will find. Some repairs that need to be made can be pretty pricey. 

When you start to add up the repairs the buyer has requested, you can watch your net profit plummit quickly.

Why not know what is coming before you are blind-sided?

Conducting a Pre-Listing Home Inspection can help improve your list price, your net profit, and your piece of mind.

Here are some ways that a Pre-Listing Home Inspection can only help you in the long run.

No Surprises

This eliminates the waiting game and the suspense of receiving a repair request from your buyer. When you receive your report back from your home inspection prior to even putting it on the market, you will be fully aware of all of the major issues with your home (if any). You will be provided with a full report so that you can determine what needs to be repaired, or replaced, prior to listing your home.

Take Your Time 

When you are made aware of any issues before you even list your home, you are not on anyone else's schedule. You can take all of the time you need to get quotes and schedule repairs. Many times when you receive a repair request from your buyer, you are on a time crunch. This can make your already stressful moving process, even more chaotic. Take your time, find the right people and the right prices for what you need to have repaired. 

The Right Price

Once you have made any repairs necessary, you know that your home is "up to par". This can assist you when pricing your home for the current market know that you will make the maximum net profit possible. You can price your home accordingly so that you are not surprised by any last minute expenses due to home repairs. 

It Can Help Your Buyer

In most cases, choosing to have a home inspection is at the discretion of the buyer. It is also at their expense. Providing your buyer with a customized report and proof of repairs could assist in the buyers actually waiving a second inspection. This will save them time, money and could help speed up the closing process.

It's All About the Buyers

Marketing your home at the time you list it as "Certified Move-In Ready" gives you a leg up in the market. This will also give your buyer a piece of mind when they are deciding on their new home and writing an offer. They are confident that there won't be any scary surprises. There have been cases where inspections have completely killed a deal because of their severity. This will ensure your buyers that your home is good to go!

 

Let us know if you are interested in a Pre-Listing Inspection. 

 

 

 

 

If you are selling, or thinking about selling your home, here are some other blog topics you may be interested in. 

What Makes a Spectacular Listing Agent?

The KITCHEN Sells the House

Closing Cost: What Does the Seller Pay? 

You're Selling Your Home, Not Your Stuff 

 

 

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When you are looking to purchase a home it is important to know the steps involved in the buying transaction. Take a look at this article on the 10 Important Steps to Buying A Home

 

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Show All Comments
Rainmaker
529,128
Paul Antonelli
NextHome Antonelli Realty - Saint Cloud, FL
Broker Owner; NextHome Antonelli Realty

Great advice. Thanks for sharing the information. 

Jan 19, 2017 08:09 AM #1
Rainmaker
985,771
Will Nesbitt
Nesbitt Realty at Condo Alexandria - Alexandria, VA
Nesbitt Realty is a family-run brokerage.

502.681.6282, message Grant Howard Real Estate Agent with Keller Williams with service to New Albany, IN.

Jan 19, 2017 08:10 AM #2
Rainmaker
2,609,167
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Many sellers do not want to pay for one, but it can be a great idea!

Jan 19, 2017 08:32 AM #3
Ambassador
2,478,587
Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

I often suggest a pre-listing inspection for my sellers that have owned the house for a long time.  If they do not need the detailed report it is cheaper but more importantly it helps decide what they may want to fix and what they will allow for concessions to have the new buyer do the work.

Jan 19, 2017 09:07 AM #4
Rainmaker
138,171
Kelly Turbeville
Keller Williams - Lake Forest, CA
Turning Real Estate Dreams into Reality

After a recent listing when some major surprises popped up, I will always recommend and almost insist on it..

Jan 19, 2017 09:30 AM #5
Rainer
13,985
Brian Shriver
Shriver Home Services - Branchport, NY
NYS licensed Home Inspector #16000059671

The truth is a seller that is well prepared and does there due diligence will sell their home faster. It's not unusual for a listing agent that is working with a home inspector for the prelisting to request copies of the inspection report with an addendum listing all the repairs and upgrades to be available at the open house. Most home inspectors will do the re-inspect and addendum for a fraction of what the initial home inspection cost. I provide as many copies of the report as the listing agent needs, it's great marketing. Also I'm not afraid to defer my fee until closing. Not all home inspectors will do this, but it never hurts to ask.

Jan 28, 2017 05:07 PM #6
Rainmaker
1,499,613
Charles Stallions Real Estate Services
Charles Stallions Real Estate Services Inc - Gulf Breeze, FL
Buyers Agent 800-309-3414 Pace and Gulf Breeze,Fl.

Thanks Grant for sharing such great stuff on home inspections, I always have mixed feeling as some inspectors try to kill a deal while others are so so at best. 

May 05, 2017 06:17 PM #7
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