If you’re preparing to list your home for sale, you likely have many things to do to make sure the house is ready for the market. While you may not want to add another item, experts recommend ordering a home inspection before offering your property for sale. Here are the benefits of a pre-listing inspection.
Have Time to Make Repairs
After an inspection is completed, you’ll get a detailed copy of the full inspection report. The information in the report will help you determine what items you will spend the time and money to fix before listing.
Completing repairs before the home is under contract allows you to take your time and make minor repairs on your own or choose the best contractor for the work. You might also choose to forego making repairs, adjust your list price accordingly, and share the pre-listing inspection results with potential buyers.
Benefits of a Pre-Listing Inspection Include Preventing Surprises
When an inspector examines your home, you’ll receive information about any problems, defects, or safety concerns. Otherwise, the buyers will discover the issues when they order a home inspection before closing.
A bad or surprising inspection can cause buyers to walk at the last minute, or you may find that the buyer wants to renegotiate the price or asks you to make repairs before the sale is final.
Instill Confidence in Your Buyer
With a pre-listing inspection, you give your buyers the gift of confidence. Having accurate information about the home helps a buyer feel more comfortable putting in a generous offer. While they are still likely to order an inspection, the buyer will have a positive impression of you as a trustworthy and honest seller.
Smoother Negotiations is One of the Benefits of a Pre-Listing Inspection
When the buyer orders a home inspection and nothing unexpected is found, they won’t have much to negotiate with as far as reducing the price of the home. This makes the entire process go much more smoothly, which is less stressful for both the buyer and the seller.
A pre-listing inspection may not have been on your to-do list before you put your home on the market. However, to enjoy the many benefits and a quicker sale, you should put hiring a home inspector at the top of your list.