- Ohio Home Inspections offers Pre-sale inspections. It has been proven that pre-sale inspections will help you sell your home much faster than not having one. The report I will deliver to you is a very powerful selling tool.
- Not long ago home inspections were viewed as something that only buyers requested. Recently, inspections ordered by sellers before their home goes on the market have gained in acceptance and popularity. The biggest reason is that savvy Real Estate Agents & savvy sellers recognize the knowledge gained from a pre-sale inspection of their property can offer advantages when it comes to pricing, marketing, negotiating, and dealing with post-sale legal issues.
A professional Inspection report is a very powerful selling tool.
Vew Sample Report
- So, how can a pre-sale home inspection benefit a seller?
- A professional inspection report is a very valuable tool to use when selling a home. There is much more information about the home & it’s systems in the report than on the typical MLS sheet.
- It demonstrates to potential buyers that the seller cares about the condition of the property.
- It allows the seller to see your home through the eyes of a critical third-party
- It helps the seller to price your home realistically.
- It permits the seller to make repairs ahead of time so that…
- Defects won’t become negotiating stumbling blocks later.
- 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 the seller of items of immediate personal concern, such as radon gas or active termite infestation.
- It may relieve prospect’s concerns and suspicions.
- It reduces the sellers liability by adding professional supporting documentation to your disclosure statement.
- Alerting the seller to immediate safety issues before agents and visitors tour your home.
- Eventually the buyers are going to conduct an inspection. You may as well know what they are going to find by getting there first. Having an inspection performed ahead of time helps in many ways.
- More realistic pricing. A professional home inspection helps with pricing in two important ways:
- First – it helps move a seller’s mindset toward increased objectivity. It is no surprise that sellers often have a difficult time remaining impartial about their own property. It is home after all, and that sentimental value can translate into a price higher than the market will bear. The inspection report gives the seller objective information to factor into the pricing decision.
- Second – the inspection report reflects the current condition of the property, good, bad, or ugly. A seller can take the true condition into consideration and set the price lower if the home has deficiencies and higher if the home is meticulously maintained and has been upgraded.
- Enhanced marketing impact. Prospective buyers are likely to find a pre-inspected home more attractive because the “what if” factor is not so prevalent. Their comfort level is increased. Therefore, mentioning the completion of a pre-sale inspection when marketing a home can boost interest levels of both buyers and real estate agents with qualified prospects. It can even tip the scales in the seller’s favor if buyers are looking at similar homes and the competing properties do not have the benefit of a pre-sale inspection report.
- Greater negotiating leverage is achieved.
- Having the details of current property condition is an important advantage.
- Sellers discover any issues that might delay or derail the transaction and can make advance repairs, thus heading off potential price concessions sought by buyers.
- Even if the seller elects not to make repairs, disclosing any defects upfront and pointing out that the price is adjusted accordingly can deflate buyer’s objections.
- Armed with solid knowledge of current property condition and the inspection report to back it up, a seller’s confidence level and leverage in the negotiating process increases.
- More accurate disclosure.
- Many communities require sellers to disclose the true condition of their home. Having a professional home inspection puts a seller in a better position to do that.
- Also having an inspection report from an unbiased third party can help protect the seller should any post-sale legal issues surface from buyers who claim that an adverse condition was not disclosed. While the inspection is no guarantee that the dispute will be settled in the seller’s favor, the fact that it was done demonstrates a good faith effort on the part of the seller to determine the real property condition at the time of the sale.
- Most Buyers are likely still request a professional inspection of their own. And sellers can encourage them to do so with the comfort that any unpleasant surprises that could be “deal breakers” are unlikely.
Copies of the inspection report along with receipts for any repairs should be made available to potential buyers.
