When you are putting your home on the market, it can be tempting to rush the process if the market is hot. However, it’s necessary to prepare to recoup as much value as possible. One of the most effective ways to streamline the sales process is investing in a pre-listing inspection. An inspection from an experienced home inspector can shed light on the strengths and weaknesses of your property and provide you with a variety of other benefits.
What You’ll Learn From a Pre-Listing Inspection
When you put your home on the market, you may already know about some needed repairs. However, if you wait for a buyer’s inspection, you may discover a problem you weren’t aware of when the buyer does. When your home needs significant repairs, it lowers the value and provides the buyer with more bargaining power. A pre-listing inspection puts the control back in your hands by giving you information about your home ahead of time.
Skip the Second Inspection
Particularly in competitive real estate markets, buyers want to act as quickly as possible to get their dream home. A pre-listing inspection shows buyers that you took care to learn about the condition of your home before listing it, and some buyers will accept it instead of having their own inspection performed. This saves both you and the buyer money, and it can dramatically speed up the sale process.
Get Control Over the Repair Process
If you skip a pre-listing inspection, the buyer is the one to choose their inspector for their inspection. If they find significant deficiencies, you may be responsible for working with the buyer’s electrician, contractor, or plumber and paying their rates. When you make repairs ahead of time, you choose the contractors and may save money by shopping around.
Stand Out in a Competitive Market
Most homebuyers have showings at dozens of different houses before choosing a home to place an offer. When you have a pre-listing inspection performed ahead of time, it can help make your house stand out from others on the market. The inspection is a low-cost way to help give you an edge.
Make Pricing Your Home Easier With a Pre-Listing Inspection
The more information your real estate agent has ahead of time, the easier it will be to price your home accurately. If your home has not been inspected since you bought it, it is challenging to price the property. The inspection gives them the information they need to price the home correctly the first time and prevent the house from lingering on the market.