Sellers have their homes inspected prior to placing their homes on the market, and for completely different reasons than buyers, and with more benefits to them.
- A professional inspection report provided up front, as a supplement to the seller’s required disclosures, puts the seller in a stronger negotiating position. It also provides for a smoother transaction, with increased trust, and less headaches and anxiety for all parties.
- By having the property inspected up front, the potential for surprises is greatly reduced. Fewer surprises mean less opportunity for disagreement, and less likelihood that the transaction will fall apart.
- It can also reduce negotiating points, and bypass annoying delays in the transaction.
- A listing inspection also tends to avoid the undesirable situation of the seller having to negotiate repairs within the limited escrow period.
- Since the property is not listed or in escrow, the seller can negotiate repairs any way that they wish, including doing the repairs themselves.
- By having repairs done up front, the home will show better, and may draw a better price.
- Even if they intend on selling the home as-is, the inspection report can serve as a valuable tool to help set and negotiate a realistic and competitive sales price.
- Many homes that have been occupied by the same owners for many years have undergone extensive modification. A pre-listing inspection will reveal whether or not that work was completed at a level consistent with industry standards of the time.
- By obtaining an inspection up front, the seller demonstrates good faith in carrying out their required disclosures. Their pro-active efforts communicate to the buyer that they are willing to disclose something rather than hide it, thereby paving the way for smoother and more agreeable transactions