User107062_2_t W Michael (Mike) Chris - the HouseNspect guy
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One question I'm almost always asked on home inspections is, in fact I think every inspector out there is asked the same . . . what will it cost to repair/replace such and such. Well on yesterdays inspection the buyer seemed a little put out that I didn't know the cost to repair a stone (not talking little stones) retaining wall that was crumbling . . . he really wants to purchase the home but is worried about repair costs . . . property is bank owned as is . . . basically all I could do was point him to the yellow pages and the internet to seach for local companies who could be hired to do the repairs.

Inspectors: How do you answer this type of inquires?  Realtors: Do you try and help as well, or defer to yellow pages/internet?

 
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10 Comments on One question I'm almost always asked . . .

I always help and my inspector will give verbal ballpark costs and tells them to consult a contractor with expertise

05/23/2008 12:51 AM by Jean Powers CRS,PMN,ASP Broker, Northern California (Kane & Associates)


Inspectors are not contractors. They shouldn't know the prices. Its not like you are going to do any repair work. I say make sure the agent is involved in the conversation. A prepared agent will have already explained that the buyer will have to consider all the aspects of the inspection after it is completed. And on a bank owned property, that will mean repair work bids.

05/23/2008 12:52 AM by Sarah Nopp, REALTOR(R), CRS. RE/MAX Four Seasons, Olympia WA (RE/MAX Four Seasons)


My inspector is very hesitant to give any prices.  I have a list of service providers who can help in many areas.

05/23/2008 12:56 AM by Christine Donovan Costa Mesa Real Estate (Broker/Attorney) (Donovan Blatt Team - Donovan Group Realty)


Unless you're an EXPERT and licensed in whatever the questions pertains to if a license is required. it is never a good idea to give advice.  It could very well come back to bite you in the #$$.  If I were you, I would begin the inspection with a comment made to the buyer that as you find things needing repair, you are not in a position to give advice.  This should nip it in the bud.

05/23/2008 12:58 AM by Christine Howlett - Lake County Ohio Real Estate (Howard Hanna Smythe Cramer)


Mike - I am a Realtor, not a building contractor. You're an Inspector, not a building contractor. Don't be shy to tell this to the client.

05/23/2008 01:02 AM by Stewart Penn - Los Angeles Condo Specialist (Penn Properties)


Mike, I agree with with Sarah, inspectors are not contractors.  I do try to have a short list of contractors and such to get them started.  I will admit that I don't have a short list of everything that clients come up with.  Thats when I say, I am an expert at marketing and selling real estate, someone else is an expert at rebuiding rock walls, etc.  Tough postition to be put into!

05/23/2008 01:04 AM by Tony & Darcy Cannon - The C Team (ERA Realty Center)


I will give my client a rough estimate on repairs or updates.  With a lot of contracting experience, I feel comfortable doing this.  However, I make it VERY clear that they need to get a couple of estimates from the appropriate contractor for the project.

05/23/2008 08:22 AM by David Holden DRH Home Inspection Akron, Ohio Summit (DRH Home Inspection Akron, Ohio Summit County Home Inspector)


I also am quite comfortable giving my clients ballpark figures. There is no harm in "guesstimating". No one is going to come back and sue you because you said it should cost 300.00 and it cost them 600.00. I do tell them that it is just a ballpark figure and costs can vary depending on the contractor hired to do the work. Like David I tell them to make sure they get several estimates from qualified contractors.

05/23/2008 12:20 PM by Mike Chamberlain MC2 Home Inspections, Indianapolis (MC2 Home Inspections)


Jean: Thanks for your comments . . . Sarah: Good to know about bank owned properties . . . Christine D: Many of the seasoned agents seem to have/want to help assist buyers by having a list of service providers . . . Christine H: Good tip, thanks . . . Stewart: I agree I'm not a contractor and not current with costs . . . Tony & Darcy: Seems like agents collect lists of contractors/service providers to assist their clients . . . David & Mike: I agree, several estimates needed from appropriate contractors

 

05/24/2008 02:08 AM by W Michael (Mike) Chris - the HouseNspect guy (HouseNspect)


I tell them it would be unfair of me to give them a price when I won't be the one doing the work.  We will try to give a ballpark if possible, but are sure to tell them we are not the experts and they should talk to the professionals.

05/24/2008 10:09 PM by Rob Kleinschmidt (Pillar To Post Professional Home Inspections)


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Inspector: W Michael (Mike) Chris - the HouseNspect guy (HouseNspect)
W Michael (Mike) Chris - the HouseNspect guy
Saint George, UT
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