What exactly is a Pre-Listing Home Inspection or Sellers Home Inspection?
A seller’s inspection is the same as a buyers inspection, except, the client is the person selling the home. The seller may make the report available for potential buyers, or they may keep it private.
If the seller chooses to make the inspection report available, this can make the home more attractive to potential buyers by giving them a better idea about the condition of the property before even writing an offer. Besides added peace of mind for buyers, having a sellers inspection will make the negotiation process much easier for all parties involved.
Here are two potential scenarios:
No seller’s inspection
A buyer writes an offer on a home, the seller then accepts the offer, and the sale is contingent upon an inspection. The inspection is usually performed three days later, and several issues are identified. Assuming the buyer still wants to buy the house after the inspection, they now ask the seller to fix the items. Several things can happen at this point, the seller might offer to discount the price of the home, make the repairs, or refuse to do anything, which might kill the deal. None of these options are ideal for the seller, and negotiations will need to take place.
The Seller has home inspected before listing
The inspector identifies issues with the home, and the seller takes their time getting the items repaired. They then list their home, and look forward to the buyer’s home inspection, knowing that nothing is going to come up that they didn’t already know about. If there are items that the seller decides not to fix, they may list those items on a disclosure form, so a buyer knows what they are buying, and there are no negotiations later in the buying process.
Sellers inspections are becoming more and more popular in today’s market because of the number of homes for sale. Many real estate agents have us inspect every house they list because it makes the process go smoother for everyone.
One last thing – make sure you hire an excellent home inspector in Las Vegas. A home inspector that misses or glosses over problems can do more harm than good. Red Rock Home Inspections take pride in being thorough and providing detailed home inspectors. While there can be a large difference in the price for a home inspection, remember; you get what you pay for.
Rick Watkins, Red Rock Home Inspections – Home Inspector in Las Vegas
Author: Reuben Saltzman
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