Like any business endeavor, preparation is an integral part of selling your home. There are so many things to be done along the way, and it's essential to make a timeline of what the process will be. You must decide on when exactly you will list your home, and you'll also need to research the local market. Next, you have to know the value of your home, and scheduling a pre-listing inspection is the most critical part of that. As with all business transactions, being well-informed is the only way to successfully negotiate the best price for the sale of your home.
Know Your Home
A pre-listing inspection gives you an
awareness
and an understanding of any potential problems with the property you intend to sell. Buyers will almost certainly have their own inspection done, and its a good idea to know beforehand what the outcome of their inspection will be. On the buyer's end of the transaction, a home inspection is performed to learn as much as possible about the home. In many instances, the inspection is required by the loan provider. An inspection lets the buyer know if anything should be fixed by you. Issues uncovered during this inspection might lead the buyer to seek a price reduction as well.
Make Plans
When you get ready to sell your house, there's a good chance that you already know about a few little problems that need to be addressed. A pre-listing inspection will give you a more
comprehensive picture
of the property's condition. It's possible that other issues exist that you were not aware of. The inspection should be done far enough in advance that you can address any of the problems before you list the house. However, your selling agent can help you discern what exactly might need to be fixed, and what will not prevent your home from being listed.
Everybody Wins
A pre-listing inspection helps not only you, but the listing agent, and potential buyers as well. The more information the agent has, the better they can come up with a comprehensive plan for the marketing and sale of your house. Confidence in the condition of the property can also help when it comes to negotiating the price in a contract. It's easier for them to stand firm at a particular price point when they know that the house is in top shape.
Even though buyers may ultimately have an inspection done regardless of your inspection, it helps them to be informed about the condition of the house before making an offer. For buyers, there is an emotional benefit to you doing an inspection. It helps to build trust and lets them know that you are an honest person who they can be comfortable doing business with.
More and more people realize that a pre-listing inspection helps everyone involved in the sale of your house. To be the most well-informed seller, help your real estate agent gain helpful information, and build buyer confidence. Contact the More You Know Inspections for a high-quality professional inspection.