PRE-LISTING INSPECTION
Whether you’re upgrading to a new home for your growing family, downsizing to a new location that better fits your lifestyle, or leaving Greater Victoria altogether, a pre-listing home inspection can help you identify issues that could prevent you from selling your home quickly at the price you want for it.
WHY HAVE YOUR HOME INSPECTED BEFORE LISTING?
Completing a thorough inspection of your home before you list it on the Victoria real estate market can help you sell your home faster, for the price you’re asking. Many of the issues discovered in a professional home inspection are superficial or cosmetic, but these concerns could be a hot-button for a prospective buyer: for example, if you’ve ever had to deal with a leaky basement you’re likely to be sensitive to this in the homes you’re looking at in Victoria. A pre-listing inspection can help remove some of the concerns in advance.
WHAT IS THE HOMEWORX PRE-LISTING INSPECTION?
When you contact Homeworx to come to your home to complete a pre-listing inspection, your professional experience starts from the moment you book your appointment. Our inspectors will work with you to find a time that fits your schedule, and then arrive on time with the equipment needed to thoroughly inspect your home– from roof vents to crawlspace, and everything in between.
Following the assessment, you will receive a detailed inspection report that outlines the areas of opportunity. Completing these repairs before listing your home can help you make the buying process much smoother, alleviating the concerns of the new buyers and reducing the opportunity for negotiations based on deficiencies in your property.
You only get one chance to make a great first impression
Book your Homeworx Pre-Listing Inspection today to help sell your home quickly in Victoria
The following content is used by permission from the following site: http://www.carsondunlop.com/resources/articles/pre-inspected-listings-the-future-of-real-estate/
Pre-Inspected Listings, The Future of Real Estate
May 20, 2014
Home inspections have traditionally been for the benefit of the purchaser. Pre-inspected listings benefit all parties – purchasers, vendors and Realtors.
Deals Won’t Fall Through
Home inspections, performed as a condition of the offer, can kill deals. Sometimes this is because the purchaser gets cold feet; sometimes there’s a big problem no one knew about. Sometimes it is because the house has been mis-represented; sometimes it is because the home inspector scared the purchasers by not explaining that minor and typical problems are just that – minor and typical.
If the home inspection is performed prior to the house being listed, all parties will be aware of the physical condition of the house before an offer is drawn. There will be no surprises after the fact. Deals will not fall through.
Pre-inspected Listings Avoid Renegotiation
In a buyers’ market, most houses have to be sold twice. It takes a lot of work to get a signed Agreement of Purchase and Sale. Then the home inspection is done and the purchaser wants to renegotiate.
If all parties know the condition of the house prior to the offer, there is no need for renegotiation. As most real estate agents know, renegotiation is very difficult. Vendors have already mentally sold the house; purchasers are suffering buyers’ remorse. Egos, pride and frustration can muddy the already emotional waters.
A vendor who pays for a home inspection will be further ahead than one who has to renegotiate. He of she may even sell the house faster.
Unrealistic Vendors
An inspection at the time of listing can also help a Realtor deal with a vendor who has unrealistic expectations. The inspection report is good ammunition for explaining why you can’t ask top bucks for a house which is not in top condition.
Repairs Prior To Sale
Sometimes, the home inspection will reveal items which should be repaired immediately. A pre-inspected listing allows the vendor to repair the problem prior to putting the house on the market.
If the inspection occurs after the Agreement of Purchase and Sale, the purchaser could walk, renegotiate or, depending on the inspection clause, the vendor may have the option to repair. A repair done by an unmotivated vendor may not be the best repair and may not meet the purchasers’ expectations. This has caused more than one deal not to close.
For The Purchaser
There is no doubt that part of the value of a home inspection is a guided tour of the house for the prospective purchaser. The inspection company can return to do a walk-through with the purchaser, if requested.
Reputable Inspection Companies
Pre-inspected listings will only have value if the home inspection company is perceived to be reputable, qualified and properly insured. Prospective purchasers will have little or no faith in a report done by someone they perceive to be in the vendors’, or Realtors’ pocket.
Summary
We believe that the future of home inspection lies in pre-inspected listings. Offers are cleaner and deals are less likely to be renegotiated or fall through. Pre-inspected listings afford purchasers, vendors and Realtors the information and protection they all deserve.
