The Top 4 Reasons to Do a Pre-Listing Inspection

By Jeremy Henley, Founder & CEO of TheQwikFix

With home sales on the decline, more and more listing agents are looking for a way to get the upper hand. Many home sellers are getting pre-listing inspections in order to achieve this. This gives the seller time to make necessary repairs or disclosures, which can help avoid costly delays or cancellations down the road - which have increased to levels seen near the beginning of the pandemic.

A pre-listing home inspection is an evaluation of the property by a professional inspector before it goes on the market. This gives you and your client an idea of any potential problems that could arise during the sale process. It also helps to set realistic expectations for sellers on the price they can expect to get for their home.

The Top 4 Reasons to Do a Pre-Listing Inspection

The Top 4 Reasons to Do a Pre-Listing Inspection

There are many benefits to getting a pre-listing home inspection, here are our top 4:

1. Avoiding costly surprises down the road - A pre-listing inspection can uncover hidden issues that could cause problems later on in the sale process. By addressing these issues upfront, you can avoid last-minute surprises that could potentially scuttle the deal.

2. Offering buyers peace of mind - Buyers will be more likely to feel confident about their purchase if they know that all potential problems have been disclosed upfront. This could help to prevent the deal from falling through at the eleventh hour.

3. Helping to set realistic expectations - A pre-listing inspection can help you and your client to identify any areas where repairs or upgrades may be needed. This information can be used to price the property accordingly and avoid any future misunderstandings.

4. You can avoid giving the buyer leverage by either pricing the repair costs into the price of the home, or better yet, having them repaired beforehand by a licensed professional and sharing that information with the other side of the transaction.

When buying a car, would you feel more comfortable if the dealer's mechanic inspected and repaired or replaced any items prior to listing it for sale? Alternatively, if buying online, would you bring someone who knows cars well with you to inspect it for potential problems? This ensures that your car is in good condition without any major issues. The same idea should apply when purchasing a home but even more so as this is a much bigger purchase.

Bonus tips:

1. Choose a reputable inspector. Not all inspectors are created equal. When choosing an inspector, be sure to check their credentials and ask for references. Many inspectors are using outdated technology or are just not great at what they do, many areas do not even require a license or any training! You don’t want your inspector to miss any issues that will later be found when a buyer does there own inspection.

2. Make sure the inspection is thorough. A good inspector will take their time to thoroughly examine the property inside and out, 2-3 hours on average. They should provide a detailed report that covers all major areas of concern.

3. Be present for the inspection. While you don't need to be there for every minute of the inspection, it's important to be there for at least part of it, generally the last 30 minutes or at a minimum. This will allow you to ask questions and get clarification on any issues that are raised.

If you're looking to give your clients the best possible chance of success, getting a pre-listing home inspection is a wise move.

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