There are many benefits of a pre-listing inspection when selling a home. In this article, we’ll go over why it is helpful for home sellers to request this service.
What is a Pre-Listing Inspection?
A pre-listing inspection is like a buyer’s home inspection, but a seller orders it before listing a property for sale. You’ll learn about issues in the home that could cause your buyer to reconsider or negotiate.
An inspector will go through your house and detail the condition of everything he or she sees. Having all of this documented prior to listing the home can help when it comes to setting your price and prioritizing home improvements.
Gain an Understanding of the Home’s Condition
You might think you have a firm grasp of what’s needed around your house before you list it. Don’t assume this is true. There are certain things that may not be apparent to you that can be found by a trained and certified home inspector
The worst time to get blindsided with a needed repair is after your potential buyer orders an inspection. The buyer might get scared off and back out of the deal, which puts you back at square one.
One of the main benefits of a pre-listing inspection is that you learn about possible repairs before any deals are on the line. You might save money by using the contractor of your choice or fixing smaller issues yourself.
Your Buyer May Decide Ordering Their Own Inspection
The buyer may decide they don’t need their own inspection done if the pre-listing inspection didn’t reveal major problems. This saves time and money for the buyer, which they will appreciate.
One of the most effective benefits of a pre-listing inspection is you’ll look more favorable over other sellers. Trust is an important factor for a quick and successful real estate transaction. Buyers always feel better knowing that you’ve been proactive with finding defects and fixing them prior to putting the house on the market. Even if you don’t get them fixed, it shows credibility when you lower the asking price based on issues that you’ve disclosed to them.
A Pre-Listing Inspection Will Help Price Your Home Properly
Setting your price is one of the most important aspects to selling a home quickly. Buyers won’t look at your property if it’s priced too high. You’ll lose profit if you price the home too low.
How can you price correctly if you don’t know the exact condition of the property? You can price more effectively after a pre-listing inspection because you gain full understanding of its strengths and weaknesses. You might also find that you can price a little higher in the event that the inspection reveals nothing wrong.