September 25, 2023
When you’re sailing into the world of real estate as a seller, you join it full of hope. But the whole market is full of challenges. One of the ways to face those challenges is by surrounding yourself with a lot of experienced specialists. Agents, inspectors, etc., you want them on your team. There are many reasons to consult with experts and get your home inspected before listing it for sale. We picked a few that might be worth your time.
Hit the jackpot with pricing
Putting your house up for sale may be a stressful experience, especially when it comes time to decide what price to ask for it. You don’t want to turn away prospective customers by setting the price too high, but you also don’t want to lose money by setting the price too low.
Also, you’ll need to pay attention to the ROI of all the remodeling you planned so that you don’t lose money in that process too. When the time comes to set a price for your home, making use of the pre-listing inspection report will help you get as near as possible to the sweet spot. The inspection report can be the only valid evidence to back up your claim that the pricing is reasonable.
Paint the image of reliability
Just like you could be concerned about potential buyers, they will have concerns over the state of the property. They’d want to avoid making a purchase that may turn out to be a financial burden.
However, by disclosing the results of the pre-listing inspection, you may increase the likelihood that serious and wealthy buyers will approach you. The real estate market is not a child’s play, and you’ll show yourself as a serious and reliable seller by providing an evaluation on paper.
You won’t have to negotiate much if you get your home inspected before listing it for sale
When the time comes for the buyer to inspect the property, you will be able to sidestep many of the typical negotiations that typically follow. This is because many negotiations revolve around the buyer paying the seller to fix any problems or repairs the inspector discovered.
When both the buyer and the seller have access to the information from the beginning of the transaction, it will be easier to remain on the same page as the process proceeds. And if, for example, the buyer’s inspection unearths any new problems, you will have your inspection report back up to compare it to. Also, you can even bring in the inspector who completed the pre-listing inspection for further consultation on the matter.
You’ll have all the information you need
The best approach to get an understanding of the state that your house is now in is to have a qualified home inspector do an examination on it. When you choose to have a pre-listing inspection done on your home, it gives you access to important information that you should take into consideration as you get ready to put it up for sale. You’ll know:
- what’s in perfect condition
- what needs maintenance
- what needs to be removed
If the inspector finds significant flaws, it is preferable to find out about them beforehand rather than in the midst of a transaction. It is important to have all of the information regarding the property before you begin to construct your listing. That will reduce the likelihood of unpleasant surprises farther along in the process of selling the house.
Stay ahead of repair and maintenance
Let’s say you discovered some issue during the pre-listing inspection. In that case, you and your real estate agent should collaborate to decide which problems, if any, need to be fixed before the property is put on the market. Also, determine which issues, if any, should be disclosed to potential buyers. For example, you won’t want to ignore roof leaking that the inspector may discover.
If you’re going to make any repairs before putting your home for sale, you will have plenty of time to investigate the various contractors that can do the work for the most affordable rates. If you are in charge of these tasks, you won’t have to worry about hiring a contractor at the last minute. This will save you a lot of time, money, and stress.
You’ll have time to get rid of excess when you get your home inspected before listing it for sale
If the inspector finds some stuff in your home that are beyond repair, you might want to find a convenient solution for excess items. You’d want them out of the buyers’ site but close enough to use them for some future DIY project of yours.
In that case, you may turn to moving and storage professionals and ask for options of renting self-storage. That way, you can save those items so you can recycle and reuse them in some other convenient way. Everything can be useful with a bit of imagination!
Decide what to leave up to buyer’s preferences
On the other hand, it is in the best interest of all parties involved to leave some aspects of the repairs up to the discretion of the buyer. Some concerns are not essential to the success of the sale. In other instances, the prospective buyers may choose to have control over the repairs made to their property and have them carried out in accordance with their own preferences.
Maybe they’ll prefer some different roof insulation options than you wanted to install. Again, the best way to get your house ready for sale on the market is to collaborate with your real estate agent. Devise the most effective strategy for making the necessary renovations.
Bottom line – should you get your home inspected before listing it for sale?
If you ask us – absolutely yes. There are so many good reasons to get your home inspected before listing it for sale. But, most importantly, this move will give you security and peace of mind that is crucial in life as well as in any selling process.