Pros of a Pre-Listing Home Inspection
Wondering whether to go for a Pre-Listing Home Inspection? It’s not only you who thinks this way. Many people seem to be confused while hiring their own home inspector. Being a real estate agent, many people come to me asking if getting a home inspection is a good idea before they put it on the market, so I thought it is a must and important topic to discuss with my readers. There are both pros and cons of pre-listing home inspection in Howard. In this blog, I am sharing the pros of pre-listing home inspection.
You can find out the actual condition of your home
One of the biggest concerns that prevail in the seller’s mind while selling the home is “What will happen if the buyer gets its inspected and finds a problem?”. It may kill the sale, and this concern is undoubtedly justified. So, if you can afford, it you don’t need to wait for the buyer to get it inspected. You can get it done on your own and get rid of any serious issue before listing it for sale. It is always recommended to choose a professional home inspector who can give you an exact report after analyzing your home properly. There is no point of hiring a home inspector if he only catches a fraction of the issues.
You can opt for repairing your home
The buyer’s inspection will uncover some notable defects which you cannot ignore and are expected to repair. So, if you want to get a good price for your home, pre-listing home inspection can prove to be beneficial for you. This way you will be able to make the major repairs before you list your home for sale. If you wait for buyer’s inspection, you will be trapped in the limited time frame and will put yourself on the edge to get everything fixed in time. With a pre-listing inspection, you set your own schedule for repairs. There will be no rush to list the property until you have made sure the home is in good shape. Moreover, you can put your home on the market with more confidence if you’ve corrected the major problems.
You can price your home accurately
One of the most important things while selling your home is pricing your home at the accurate price. It is the most challenging parts of the home selling process. If you set the price too high, the buyers will stay away, and if you set the price too low, you will end up losing money. You may be wondering so what’s the best way? The most recommended approach is to work with a Realtor experienced in your market. But, even the expert real estate agent won’t be able to give you the exact price if the state of the home is unclear to him. Hence, having an inspection before your house goes on the market assures that you have all the details, which makes setting a price much easier.
Less possibility of negotiations
Usually buyers ask for additional concessions in order to cover the charges of the home inspection. They will use the home inspection to renegotiate the sale. Negotiating is a frequent hurdle in the real estate process. A pre-listing inspection helps you in avoiding the typical interactions that follow the buyer’s inspection. You are not going to learn anything new about your home, and neither is the buyer because you have already had an inspection done! You can get the repairs done before listing it on the sale and probably the negotiations would be minimal.
With all that said, the home inspection is the most prominent obstacle to clear in a real estate transaction. After Home Inspection, you will breathe a sigh of relief, and your real estate agent can help you in getting the best price for your home.
And read the cons of Pre-Listing Home Inspection in the next blog.