Before listing a property for sale, the home seller may request a pre-listing inspection to discover any issues with the house before listing it for sale. Usually, either the seller or the broker will pay for the costs of such an inspection. Though it is not mandatory, a pre-listing inspection is a smart decision for the seller.
Gain the Buyers’ Trust with a Pre-Listing Inspection
An inspection report adds credibility to the sales process. The seller can choose to share the inspection report to gain the buyers’ trust and help them feel more confident in making such a large investment. In some situations, the buyer might opt out of ordering their own inspection, which can speed up closing the sale.
Schedule for Necessary Repairs
A home inspector examines the interior and exterior of the house and details any broken, defective, or hazardous aspects in the inspection report. He or she will look for problems with the structure of the house, HVAC unit, water and plumbing system, roofing, and electrical components. The inspector may also note signs of mold growth, water damage, or pests.
The inspection report helps the seller plan for necessary repairs before the house is listed for sale. The seller may choose to make repairs or else adjust the listing price accordingly to allow for them.
A Pre-Listing Inspection Helps with Accurate Pricing
A pre-listing inspection helps the seller’s real estate agent in pricing the home. With a clear understanding of the condition of the home, the agent can compare the property to similar homes in the area to determine a fair listing price.
An Upper Hand in the Negotiations
By ordering a home inspection, the seller can maintain the upper hand during negotiations. When the seller understands and discloses the condition of the property and has chosen a fair listing price, he or she is more likely to receive an offer close to the asking price.
The benefits of a pre-listing home inspection outweigh the costs. The information an inspection provides is invaluable to the seller and can offer peace of mind to the homebuyer.
Danny Inspections offers home inspections to customers in the Chicago Metro area. If you’re selling a home, contact us to schedule an appointment.