An inspection of your existing home can help you sell it easier and faster, and more profitably by addressing any issues on the front end, rather than in the negotiation process. In El Paso, TX, Las Cruces, NM and other markets, homes sell faster if they have a Pre-Listing Inspection.
Pre-listing Inspection Includes:
- A full inspection meeting or exceeding TREC requirements
- A full inspection of the pool and spa (if applicable)
- A $100 dollar discount on the inspection of the home you intend on purchasing
Pre-listing Home Inspection Benefits.
There are many benefits to having your home inspected before listing. With a pre-listing inspection your home could sell faster and for more money without any renegotiation because results of the inspection will be presented ahead of time. Your potential buyer will be reassured about the condition of the home from the detailed inspection report. A pre-inspected listing will also give you the ability to fix any problems and deal with any issues ahead of time, so there won’t be any surprises.
- Homes with Pre-Listing inspections sell faster!
- Home could sell for more money!
- No more buyers walking away because they think there is a problem with the house.
- No deal-killing home inspector picking your home apart after the deal is done.
- No 11th hour renegotiation’s based on the inspector’s findings.
- No helpless feelings that an inspector has raised an issue that is not a big problem.
- No more buyers getting cold feet when they find out the home is not perfect.
- No more buyers walking away because they don’t have time for an inspection.
- No more parade of inspectors through your home before a multiple-offer situation.
- You choose the inspector based on reputation and credentials.
- You resolve any differences of opinion before the house goes on the market.
- You fix any problems you like or recognize the problem and reflect it in the purchase price – take it off the table as a negotiating tool against you.
Great, but what does all that really mean?
1. If there’s a large problem with the home that you were unaware of, you can then decide whether you can price accordingly or whether you might be able to move at all. Much better to find this out now than when you’re in the middle of selling with a buyer on the hook and possibly involved in your next property as well.
2. It gives you a chance to fix items on the list at your own time and leisure, meaning that you can shop for repair bids or get it done yourself. When a buyer finds it at their inspection, you may only have a week to get items done before closing and they may ask for specific contractors, which could easily cost you more than the inspection would in the beginning.
3. Fixing items before listing helps your home show better as it will appear obviously well maintained and there will be less items that buyers and their agents will notice. Therefore they are more likely to give their best or better offers than if they saw unrepaired items from the get-go.
4. Being able to market your home as pre-inspected gives a nice warm, fuzzy confidence to a buyer that there shouldn’t be any big surprises lurking down the path. You can easily provide the home inspection and evidence of repairs, which again should lead to better and higher offers. Lots of offers hedge against the unknowns that may be found at inspection time.
5. Already having an inspection and repairs done, the buyer’s own home inspection contingency should be a breeze. There may be minor discrepancies between what everyone finds, as inspectors are human and each may miss or catch something the other doesn’t, but anything of big concern should already be known. Since many contracts fall apart at inspection time, having already been through an inspection means that you’re much much more likely to keep your deal together and get to closing.
6. Even if you’re not making any repairs from the inspection, being able to provide this report up front should still mean better offers as buyers see what they are up against. Many buyers who purchase as-is or TLC properties come in quite low because they don’t know the extent of the problems until inspection time. Selling a home is nerve-wracking enough just trying to find a buyer and wondering why all those other ones didn’t like your house. With a pre-inspection, you can negotiate with your buyer in the confidence that you know what’s going on with your home and with a higher likelihood that the deal will stay together and close!