Typically home buyers have a property inspected before they purchase it. A great way to stay ahead as a Seller, is to get a pre-listing inspection. That way you know what Buyers are going to find out in advance and save yourself time and hassle when it comes to closing. A pre-listing inspection performed can definitely help negotiations because you will know precisely what the condition of your home is based on the report of a third party professional.
How a Pre-Listing Inspection is beneficial:
The report provides a third-party, unbiased opinion to offer to potential buyers. Sellers who have a home inspection upfront also can identify any major problems that could potentially derail a sale later on. This allows the Seller to be proactive and deal with major concerns beforehand. The report can help the seller substantiate a higher asking price if problems don’t exist or have been corrected.
The report could alert the seller of any items of immediate personal concern. Safety first.
- Reduce your liability by adding professional supporting documentation to your disclosure statement. This really goes a long way and sets the tone of transparency. Not only are you avoiding potential surprises at the negotiating table you are you are clearly complying with disclosure laws.
When you have your home inspected and repaired prior to listing, you are covering your bases in the event you find yourself in a precarious position. Various repair issues can become huge obstacles in negotiating terms of sale. It’s always a great idea to get out in front.