It could be stressful to sell your house. Enlisting it on the market is also a very personal experience for you. Why wouldn’t it be? The potential homebuyers and their real estate agents will be walking through – and criticizing everything. Whether it be the curb appeal or square footage, they will have their opinion about everything. And if you want to secure a great deal, you need your home to appear the finest before them. After all, everyone desires a strong return on their investment.
Like many, your house might also be your most significant investment. Thus, it is important that your property gives back the reward of putting in all the time and effort. But how to ensure that? One way is scheduling a pre-listing inspection. It works like the last nail you need to hit and get the upper hand while making the deal.
This blog will highlight the importance of pre-listing inspection, covering the significant reasons why you need to get one.
Understand Your Property’s Condition
Once you conduct a pre-listing inspection, the inspector provides you with the most accurate evaluation of your house’s state. You will get the vital information that will help you list your home. A great deal about these inspections is that they will enlighten you about major defects in your house. And you can handle these before enlisting your property.
You should know that it’s common for buyers to back out of the deal once their inspector discovers issues with the property during the inspection. In fact, the frequency of buyers backing out for this reason is 3.9% nationwide. Thus, it’s ideal for you to schedule your inspection first. Address the issues found during the inspection. And lastly, put your house on the market.
Eventually, this will reduce your chances of losing any potential buyer. They won’t be able to find the hidden defect, so, no backing out of the deal.
You Can Make Advanced Repairs
Once the inspector discovers the issue, it’s time for you to discuss it with your agent. You can partner with them to decide which ones need fixing before listing. While the ones left, you can disclose them to the buyer, separately.
Furthermore, if you decide to make some home repairs or upgrades, you will have enough time to find contractors and compare prices. This will save you money, time, and stress as you’ll be able to control the projects. Sometimes, it is also best to leave some of the repairs as per the buyer’s choice. This might lead to an unsuccessful sale, though. But that’s not always the case. The new owner also wants to control the repairs per their needs and wants.
Thus, the best way to decide what should be your steps is to work with your agent. They will guide you with the best action plan per your situation. And your home will be ready for sale in no time.
Accurate Pricing of Your Home
No buyer likes a home that’s overly priced. And no seller likes to underprice their home. Therefore, sellers always seem perplexed about choosing the right price for their property. They want to choose a price that might not scare away the potential property. And, of course, they also don’t want to lose their money by settling lower prices. So, pre-listing inspection is the best way to get as close as possible to the perfect price. You can also work with your listing agent and use a pre-listing report not unjustly to set your home’s price. Whereas, if the buyer still criticizes or objects to the price, you can always use the inspection report to justify the listing price.
Avoid a Buyer Home Inspection
Often, buyers plan on getting their own home inspection before buying the house. But, if you provide them with your pre-listing home inspection report, they might think of forgoing their own inspection. After all, what’s the point when the inspector won’t be able to find any significant defects?
This won’t only save the buyer’s time, but they will also be able to save their money. This is a plus; buying a house is as stressful as selling one. Skipping some steps won’t only accelerate the process but will also be advantageous for both parties.
Moreover, if your house is listed as “inspected,” then it will be more appealing to potential buyers. This might work as a catalyst for your deal. Of course, buyers can still choose to get their home inspection and compare their inspection results with yours. This will allow them to buy the house with complete peace of mind, and they might not choose to negotiate the price.
Earn Credibility and Trust
You want your life’s biggest deal to be based on trust and credibility. This is a significant reason to get a pre-listing inspection. During the process, it’s important that you gain the buyer’s trust if you want to close the deal quickly.
A house is a major investment people make in their lives. So, most buyers take every step with utmost precision and remain very careful when buying a home. With your inspection report, they can feel the security and safety in their decision to buy your house. Not to forget, getting the buyer’s trust is an advantage during the home-selling process.
Less Negotiations
One factor that every home seller runs away from is negotiations. This mostly happens when the buyer plans to inspect the house. Most of the time, these negotiations focus on fixing the issues that their inspector finds. But you can skip all of this with a pre-listing inspection on your end. With this, you can account for your home’s condition and work on the disclosure with your real estate agent. This isn’t just a benefit for the seller but also for the buyer as they will get accurate and reliable information. Both of the parties will stay on the same page throughout the transaction.
In case the buyer’s inspection reveals new problems, you can always compare the report and call the inspector. This way, you can have another consultation and clear up any doubts.
Conclusion
We can never overstate the importance of a pre-listing inspection. You can gain invaluable insights into your property’s condition by scheduling an inspection before putting a home on the market. This way, you can address every issue proactively. Not only will this help set a realistic asking price…but it will also foster trust and transparency with potential buyers.
Furthermore, this leads to smoother transactions and possibly even higher offers. You can also gain knowledge and make informed decisions. Eventually, negotiating from a position of strength. On the whole, investing in a pre-listing inspection is a strategic move. This will save you time, money, and stress while maximizing the value of your home sale.
Ready to experience the peace of mind and confidence of a thorough home inspection? Contact West Egg Inspections today to schedule your comprehensive inspection and take the first step towards a smoother, more successful home-selling journey. Don’t wait – book your inspection now!
