Pre-lisiting Inspections- a new marketing tool for selling a home – a home inspection at the time of the listing – is gaining popularity as the residential real estate market grows less driven by demand. While professional home inspections are not a new concept, the idea that sellers can benefit by them is beginning to gain acceptance as the number of seller facing difficult negotiations over repairs escalates. Research shows that homebuyers negotiate $2 for every $1 worth of repairs found during the home inspection.
For example, if your roof needs replacement at a cost of $1,500 your buyer will begin the negotiation at $3,000! While you can certainly walk away from the deal, you will be under pressure to close and valuable market time may be lost.
Eventually your buyers are going to conduct an inspection. You may as well know what they are going to find by getting there first.
It allows you to see your home through the eyes of a critical third-party. It helps you to price your home realistically.
It permits you to make repairs ahead of time so that ... Defects won't become negotiating stumbling blocks later. There is no delay in obtaining the Use and Occupancy permit.
You have the time to get reasonably priced contractors or make the repairs yourself, if qualified. It may encourage the buyer to waive the inspection contingency.
It may alert you of items of immediate personal concern, such as radon gas or active termite infestation. It may relieve prospect's concerns and suspicions.
It reduces your liability by adding professional supporting documentation to your disclosure statement.
Alerting you to immediate safety issues before agents and visitors tour your home.
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