I value a pre listing home inspection, here's why

By
Real Estate Agent with Montana Homestead Brokers, Broker, CRS, GRI, SFR, RN

One of the biggest, most gut wrenching parts of a home sale experience has got to be the inspection contingency.  Most home buyers want to and should hire their own home inspection, but sellers should have one before they list the home as well, and here's why:pink panther and friends

  • You reduce the stress of loosing a really good buyer who was in love with your home until something caught them off-gaurd on the home inspection, and they changed their minds.  This hurts you 10 fold when you put your home back on the market as "the deal that fell through due to a home inspection".  This is a RED FLAG EVENT
  • You can fix any problems that are found with the home before it's listed and then disclose what you found and how you fixed it.  People love to see a property disclosure that includes things that have been found and fixed on a pre-listing home inspection.  Something almost always needs a little tweak.
  • Got big problems?  These can be revealed and if you can't fix them you can at least price the property to sell with the problems right out there in the open.  You would be amazed at how many people love fixer-uppers.
  • I love to have the pre-listing home inspection right on the kitchen counter for any buyer to see.  Another inspector may disagree or find something else, but at least a seller has an opinion from their own home inspector to consider.
  • Buyers are very thoughtful and they appreciate knowing up front what's been done to the property.  I think it actually helps them make a stronger offer.  People can be very suspicious, (someone they know has always got a horror story), and they like to make choices based on things they know rather than things they don't know.
  • No home is perfect, even brand new ones.  Sellers can advertise a pre-listing home inspection and enhance the sale-ability of their home.
Posted by

The Quilting Realtor

Wanda Thomas

Many Dream Of Living In Montana

I'm One of the Lucky One's That Already Do!

Wanda Thomas

2wandathomas@gmail.com

Call or Text 406-698-8640 for help with all things Montana.

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Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

I wouldn't think of selling a home without a pre-listing home inspection.  But, I have only seen a couple in the past 5 years and one of them was mine.

 

Feb 01, 2009 07:36 AM #1
Rainer
34,084
Zilkia Olmeda-Martins
RE/MAX North - San Antonio - San Antonio, TX
GRI, Realtor, San Antonio Texas Luxury Homes

I always encourage my sellers to order the pre-listing home inspection, especially with older homes.  This expense is always included in the net sheet that I provide sellers with the listing presentation.

Feb 01, 2009 07:38 AM #2
Rainer
20,780
Jen Olson
First Weber Group Realtors - Marshfield, WI

I couldn't agree more about how important prelisting inspections are.  I hope more agents catch on to the reasons you listed above and have their sellers do the same.

Feb 01, 2009 07:46 AM #3
Rainmaker
71,671
David Timm
Coldwell Banker Residential Brokerage - Fort Collins, CO
CRS, EcoBroker, GRI, ABR

Work up a new listing presentation this week, I like adding in the cost.

Keep sharing

Feb 01, 2009 07:52 AM #4
Rainmaker
272,675
Ross Quintana
Real E Smarter - Spokane, WA
Real E Smarter Real Estate Coach - 509-362-1966

Spokane Wa Real Estate Expert There is things I like and don't about it. the pros is you can know what is going on before you list, but you also have to pay to find out what the buyer may find out later. I wouldn't leave it on the counter because most buyers first reaction is look at all the things wrong before they love the home. I would make it available to them which could save them money out of pocket, but then it can be shown after they write the deal. I'm on the fence of their net value. It also depends if the seller is going to pay for repairs then it is good.

Feb 01, 2009 07:57 AM #5
Rainmaker
184,234
Wanda Thomas
Montana Homestead Brokers, Broker, CRS, GRI, SFR, RN - Billings, MT
Billings Montana Real Estate

Some of my best and smoothest deals had a pre-listing inspection.  I felt it was one of the suggestions that brought a sense of control to my sellers.  Just imagine the decrease in anxiety about what a buyer may "find", and what it's gonna cost to fix, if you can hold the deal together. 

The sellers inspection report is just that, contracted by the seller.  It doesn't transfer to the buyer unless the inspector agrees upfront or signs on with the buyer as well. 

When I show a property to a buyer and there is a pre-listing inspection, I find it to be a deal maker, not something that should be withheld in hopes of a deal.

Feb 02, 2009 07:24 AM #6
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Rainmaker
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Wanda Thomas

Billings Montana Real Estate
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