Are Pre-Listing Home Inspections Worth It?
Selling
If you’re thinking about selling your home this year, you’re probably already familiar with the financial requirements necessary to get the maximum return on your most prized investment — from commission to staging costs and moving fees. So why add another charge to that list? As it turns out, pre-listing inspections can increase buyer confidence, decrease stress, and ensure that your home sells for the best possible price. In other words: In many cases, these pre-emptive inspections are worth every penny.
Keep reading for our top reasons why conducting an inspection ahead of time is worth it today.
#1 You Learn About Potential Problems: There’s nothing worse than your chosen buyer discovering an issue during a traditional inspection that you didn’t even know was there. And since a regular home inspection typically comes after an offer is already made, the risk of losing a buyer doing things the normal way is unfortunately quite high. The pre-listing inspection will eliminate that fear and stress, since you’ll have a chance to learn about any factors that might impact the sale of your home before it’s too late.
#2 You’ll Have Time To Make Repairs: If time is money, one advantage of a pre-listing inspection is that it allows you to fix any issues before they prevent a new home buyer from following through on their purchase. As a bonus, you’ll even be able to use the repairs as features to attract prospective buyers!
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#3 You’ll Get To Negotiate Less: Home inspections typically result in new negotiations. When you get a pre-listing inspection, the chances of that happening are far lower. And since negotiating can be an exhaustive process, this step may decrease the stress associated with selling your home.
#4 You Attract The Right Buyers: When you can go to the housing market with a pre-listing inspection, buyers know that you’re a serious seller who takes the care of your home seriously. This builds confidence among potential buyers and will help you attract the right one to your home.
#5 You Gain The Ability To Compare: Getting a pre-listing inspection from a trusted inspector is a huge advantage to a seller, because they have the ability to compare the results.This essentially means that if the buyer also decides to get their own home inspection and the results come back with many more defects than the seller’s, the two inspection reports can be compared. The seller can have their inspector come back out and look at the defects the buyer’s inspector found, and verify whether they simply missed them, or if the inspector is being dishonest. While this doesn’t happen frequently, it can save the seller money in negotiation costs if the defects are not as bad as they were reported to be in the buyer’s report.
#6 You’ll Have The Upper Hand: Many homeowners may choose not to get a pre-listing home inspection, and if your home is one of the only ones on the market that has one, this makes your listing more competitive amongst prospective buyers. At the end of the day, buyers want a home that’s safe and secure, and a pre-listing inspection ensures just that. It also means that they might not have to get their own inspection, which can save time and money, also an attractive benefit to buyers who are already likely pinching pennies to buy the home of the dreams.
Ready to make moves? Let’s put together a pricing analysis for your home today. Book a consultation here.