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PRE-LISTING INSPECTIONS

By Doug Aegerter

Real Estate Agent with Keller Williams Realty St. Louis

April 24, 2007 01:57 PM

We are honored to have our first guest post from not only an experienced home inspection professional. . .but also the current president of the St. Louis ASHI Chapter and MAHI director, Harry Morrell.

Today's buyers have a large amount of previously owned homes from which to choose. Standing out from the crowd is more important than ever for today's sellers. One way to make a buyer more comfortable with the purchase decision and hopefully choosing your home rather than the neighbors, is to show the confidence in your home that a pre-sale inspection will offer. . .here's Harry's advice.

PRE-LISTING INSPECTIONS
All the players in a Real Estate transaction want the deal to go through smoothly without any surprises right before closing. A mechanical or structural defect that was not known or disclosed by the seller, and discovered by the buyer's inspector, can sometimes result in a buyer walking away from the deal. This scenario can almost always be avoided by a pre-listing inspection.
Read the rest of this article at the St. Louis Real Estate Voice

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1~Judi Barrett

Integrity Real Estate Services 116 SE AVE N, Idabel, OK 74745 - Idabel, OK

BS Ed, Integrity Real Estate Services -IDABEL OK

Listing inspections seem like such a good idea. Do you know what percentage of sellers do that?

Apr 24, 2007 02:18 PM

No name No name

Whitby, ON

Doug.

Thanks for the article, Great read. I do have my pro's and cons about Pre-inspections.

I think that any home buyers will get there own home inspection to get peace of mind. I am not sure that the buyer will be completely satisfied unless they get their own report. From my point of view as an inspector, that would be wonderful, twice as much work one for the buyer and one for the seller.... $$$$

But if the buyer was to buy the home based on the Inspection on the table, and it turns out that something is wrong with the home. What recourse will the new owner have. Can he go after the Home Inspector or does he go after the original owner. The inspection, I assume would be between the seller and the Inspector, and the report is for the use of the seller only and is not transferable. This could lead to major legal issues.

Now put yourself in the first Inspectors shoes, and having all you inspection basically being re-examined by the second Home Inspector. You better not have missed anything, because the buyers , and possibly other could consider the first report flawed.

Though I offer the service of Pre-Sales inspection, I make it clear that the report is intended to be used just by the Seller, to identify the good and the deficient of the home. It should be used to help strengthen the sale of the home by showing where work could be done to improve the home. I would never really use it for a potential show for the buyer. Let the buyer get their own independent inspection.

I could continue, but I will let other try and get a word in edge-wise.

Apr 24, 2007 02:23 PM

PRE-LISTING INSPECTIONS

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