As you’re getting ready to sell your home, it seems easier to cut corners to save time and money. However, it’s better to slow down and make sure you don’t forget critical steps. One important step is having your home inspected before putting it on the market. Let’s discuss all the benefits of a pre-listing home inspection.
Make Repairs Early and Save Money With a Pre-Listing Home Inspection
You may be tempted to wait for the buyer to pay for an inspection. You’ll discover that inspecting before listing your home is the better approach. The first benefit is that you can decide which repairs to make. Getting repairs done before listing helps you sell the home faster and for a higher price. You’ll save money because you get to make all the decisions about how repairs are made.
Waiting to make repairs until after the buyer’s inspection puts you at a disadvantage. A buyer will typically make requests if they find out a roof replacement is necessary or that there are foundation problems. They will want to choose the contractor and how the work is done. Take care of this work before listing so you retain full control over contractors and costs. You’ll find the process less stressful because you won’t be under time constraints approaching the closing date.
Create a More Efficient Transaction
This is one of the major benefits of a pre-listing home inspection. You’ll discover that negotiations go more quickly when you and the buyer understand the home’s condition from the beginning. The contingencies written into an offer sometimes prevent a smooth and fast transaction between buyer and seller. Buyers want to protect their position based on what the inspector uncovers about the home. Handing them your inspection report and invoices from repairs first establishes trust between all parties.
Use a Pre-Listing Home Inspection to Price Your House Accurately
One of the most difficult parts of selling a home is getting the asking price to accurately reflect the home’s worth. If you get your asking price right at listing time, then it’s likely that your home will sell faster. A pre-listing inspection report is a helpful tool when pricing your home.
Market Your Home More Effectively
This is one of the benefits of a pre-listing home inspection that often goes overlooked. Your realtor’s job is to find the most qualified buyer for you. They need to market your home to accomplish this goal. Help make your agent’s job easier by giving them a home that has all the repairs completed, or at least a report showing buyers the true condition of the house.
These benefits of a pre-listing home inspection will work in your favor if you get the process completed before putting your house on the market.