In the typical home-buying scenario, a buyer goes out and looks at homes. They fall in love with one, and put in an offer – conditional, of course, on a home inspection. Home buyers want that comfort of knowing someone has verified and certified that the home is okay, or if something isn’t, details about exactly what’s involved.
If the conditional offer is accepted, this creates a five-day hold when the home buyer must find an inspector, get the inspection done, decide if they still want the house, possibly rewrite their offer based on the findings of the home inspection, and then start the negotiating process all over again.
That’s a lot of time, hassle, and red tape for both parties. Some home sellers are getting better results from having a pre-listing home inspection. This provides a full disclosure of the house’s condition, and guides the seller in deciding what to repair or upgrade, and how to price the house.
A sign on the lawn alerts home buyers and their agents that a pre-listing inspection was done, and that a summary report is available. If the seller did choose to make some repairs, that can be verified by a follow-up inspection.
For the buyer, a pre-listing inspection provides peace of mind that there won’t be any surprises in their new home. For the seller, this can result in a selling price that’s an average of $10,000 higher than what they may have gotten with no inspection, or if the buyer had done an inspection that led to a reduced offer.
Pre-listing inspections help the agent and the home seller make a home more attractive to the buyer, get red of red tape and burdens, and protect both buyer and seller.
Tye Parent of Mr. Inspect Detect is a certified home inspector following codes of conducts and ethics established by Internachi (International Association of Certified Home Inspectors). He is also a licensed contractor with over 30 years experience restoring and improving homes, allowing him to “inspect” and “detect” any or all deficiencies in a home.