In preparing for your home to be listed on the market, you want to make sure your home stands out from the competition. You will consider aesthetics and curb appeal, but just as important is the property’s condition. Getting a pre-listing home inspection before you sell helps you to better prepare your property for the sales process.
Should You Get a Pre-Listing Home Inspection Before You Sell?
Sellers who are concerned with time and money when listing their home for sale can benefit from a pre-listing home inspection in multiple ways.
1. Discover Your Property’s True Condition
Many sellers feel that they know everything about their home’s condition because they have lived there so long. However, sellers can be caught off-guard when a buyer’s property inspection report cites defects they didn’t know about.
Before you list your home for sale, it is important to learn more about its actual condition from an experienced third party. Ordering a pre-listing home inspection before you sell is a straightforward way to get accurate information about the property.
2. Stay Ahead of the Game
Real estate sales include many back-and-forth negotiations between the buyer and the seller. One of the most common reasons for negotiations is the property’s condition. Buyers often ask a seller to make specific repairs before closing or to provide an allowance for the repair costs.
Ordering a pre-listing home inspection lets you anticipate what the buyer may ask for and have a response already formulated. You can tackle some major tasks preemptively so they do not become an issue in the sales process.
3. Close Promptly
Negotiations between buyer and seller take time. Additional delays will occur if the buyer requests repair work to be completed before closing. A contractor’s work schedule and efficiency will then play a role in your ability to close on time. By knowing about issues in advance, you can address them upfront and avoid delays.
4. Budget Intelligently
If you assume that your property is in good condition, you might be inclined to spend your funds on cosmetic improvements and overlook an issue that should be a higher priority. If you later realize that major and expensive repair work is needed, this can cause financial stress.
In some cases, being unable to meet the buyer’s demands, causes the deal to fall apart. Conserve financial resources by spending carefully on repairs recommended in a pre-listing inspection.
A pre-listing home inspection helps you to manage your expectations and finances throughout the transaction. You can also present a more appealing home to potential buyers. Order a pre-listing inspection before listing your property on the market so that you’re well prepared for the sales process.