Five reasons to have a pre-listing inspection
More aggressive offers
If a buyer suspects there could be hidden problems, their offer will reflect it. Knowing the home has already been inspected and any issues addressed, allows buyers the confidence to make a more aggressive offer.
Stronger negotiating position
A pre-listing inspection can help sellers avoid potential conflicts with buyers over the condition of the home and strengthen your position during negotiations.
Reduces the chance of a deal falling through
Getting an acceptable offer is just the start of the home selling journey. According to the National Association of Realtors, the average percentage of homes listed that sell is 52%. That means almost half of the homes listed do not sell and the most often cited reason is the condition of the home.
Informed decision making
There may be projects that you’re just not willing to take on. A pre-listing home inspection allows you to work with your real estate professional to reflect the needed repairs in the home’s price. This puts you in the driver’s seat instead of responding to a buyer’s reaction.
Maintaining a DIY option
For simple repairs, the pre-listing inspection provides the opportunity to take care of projects yourself. When buyers are negotiating home repairs, they typically want proof that licensed professionals performed the work.