Zip Code
 Company
 Inspector Name 
 City  
    Home  |  Home Buyer & Seller  |  Real Estate Professionals  |  Inspectors  |  Online Store  |  Contact Us    
    Referring a Home Inspector  
    Inspector Associations  
    Inspection Types  
    Sellers Inspection  
    Inspection Photos  
    Inspection Information  
    Contact Us  
 
      
  
Quick Links

    Eventually your buyers are going to conduct an inspection. You may as well know what they are going to find by getting there first. Having an inspection performed ahead of time helps in many other ways:
 
  • It allows you to see your home through the eyes of a critical third-party.

  • It helps you to price your home realistically.

  • It permits you to make repairs ahead of time so that ...

    •           a. Defects won't become negotiating stumbling blocks later.

              b. There is no delay in obtaining the Use and Occupancy permit.

              c. You have the time to get reasonably priced contractors or make the                repairs yourself, if qualified.

  • It may encourage the buyer to waive the inspection contingency.

  • It may alert you of items of immediate personal concern, such as radon gas or     active termite infestation.

  • It may relieve prospect's concerns and suspicions.

  • It reduces your liability by adding professional supporting documentation to your     disclosure statement.

  • It may alert you to immediate safety issues before agents and visitors tour your     home.

    		•
     
        Copies of the inspection report along with receipts for any repairs should be made available to potential buyers.
     

    Seller Inspections: Streamlining Real Estate Transactions.
     
         Seller inspections (sometimes referred to as pre-listing inspections) are becoming more popular because they virtually eliminate all the pitfalls and hassles associated with waiting to do the inspections until a buyer is found.
      
         In many ways, waiting to schedule inspection until after a home goes under agreement, is too late. Seller inspections are arranged and paid for by the seller, usually just before the home goes on the market. The seller is the inspector's client. The inspector works for the seller and generates a report for the seller
     
         Seller then typically makes multiple copies of the report and shares them with potential buyers that tour the home for sale. Seller inspections are a benefit to all parties in a real estate transaction. They are a win-win-win-win for everyone involved in the transaction.
     

    Advantages to the real estate agent:

  • Reports help sellers see their homes through the eyes of a critical, third-party,thus making sellers more realistic about asking price.

  • Agents are alerted to any immediate safety issues found, before other agents    and potential buyers tour the home. Repairs made ahead of time might make homes show better.

  • The reports provide third-party, unbiased opinions to offer to potential buyers.

  • Clean reports can be used as marketing tools to help sell the homes.

  • Reports might relieve prospective buyer's unfounded suspicions, before they walk away.

  • Seller inspections eliminate buyer's remorse that sometimes occurs just after an inspection.

  • Seller inspections reduce the need for negotiations and 11th-hour renegotiations.

  • Seller inspections relieve the agent of having to hurriedly procure repair estimates or schedule repairs.

  • The reports might encourage buyers to waive their inspection contingencies.

  • Deals are less likely to fall apart the way they often do when buyer's inspections unexpectedly reveal problems, last minute.

  • Agents can recommend certified NACHI inspectors as opposed to being at the mercy of buyer's choices in inspectors.

  • Sellers can schedule the inspections at seller's convenience with little effort on the part of agents.

  • Sellers can assist inspectors during the inspections, something normally not done during buyer's inspections.

  • Sellers can have inspectors correct any misstatements in the reports before they are generated.

  • Reports provide full-disclosure protection from future legal claims

    		•

    Advantages to the seller:

     A seller inspection reveals problems ahead of time which might make the home show better.

  • It gives the seller time to make repairs and shop for competitive contractors, permits the seller to attach repair estimates or paid invoices to the inspection reports, removes over-inflated buyer procured estimates from the negotiation table.

  • It might alert the seller of any items of immediate personal concern, such as radon gas or active termite infestation.

  • The seller can assist the inspector during the inspection, something normally not done during a buyer's inspection.

  • The seller can have inspector correct any misstatements in the inspection report before it is generated.

  • The report can help the seller realistically price the home if problems exist.

  • The report can help the seller substantiate a higher asking price if problems don't exist or have been corrected.

  • The report might alert the seller to any immediate safety issues found, before agents and visitors tour the home.

    • The report provides a third-party, unbiased opinion to offer to potential buyers.

  • A seller inspection permits a clean home inspection report to be used as a marketing tool.

  • A seller inspection is the ultimate gesture in forthrightness on the part of the seller.

  • The report might relieve a prospective buyer's unfounded suspicions, before they walk away.

  • A seller inspection lightens negotiations and 11th-hour renegotiations.

  • The report might encourage the buyer to waive the inspection contingency.

  • The deal is less likely to fall apart the way they often do when a buyer's inspection unexpectedly reveals a problem, last minute.

  • The report provides full-disclosure protection from future legal claims..

    		•

    Advantages to the home buyer:

  • The inspection is done already.

  • The inspection is paid for by the seller.

  • The report provides a more accurate, third-party view of the condition of the home prior to making an offer.

  • A seller inspection eliminates surprise defects.

  • Problems are corrected or at least acknowledged prior to making an offer on the home.

  • A seller inspection reduces the need for negotiations and 11th-hour renegotiations. The report might assist in acquiring financing.

  • A seller inspection allows the buyer to sweeten the offer without increasing the offering price by waiving inspections.

    •  

    Common myths about seller inspections:

    Q. Don't seller inspections kill deals by forcing sellers to disclose defects they otherwise wouldn't have known about?

    A. Any defect that is material enough to kill a real estate transaction is likely going to be uncovered eventually anyway. It is best to discover the problem ahead of time, before it can kill the deal.

    Q. Isn't a home inspector's liability increased by having his/her reports be seen by potential buyers?

    A. No. There is no liability in having your seller permit someone who doesn't buy the property see your report. And there is less liability in having a buyer rely on your old report when the buyer is not your client and has been warned not to rely on your report, than it is to work directly for the buyer and have him be entitled to rely on your report.

    Q. A newer home in good condition doesn't need an inspection anyway. Why should the seller have one done?

    A. Unlike real estate agents whose job it is to market properties for their sellers, inspectors produce objective reports. If the property is truly in great shape the inspection report becomes a pseudo marketing piece with the added benefit of having been generated by an impartial party.
     
    Home |   Home Buyers & Sellers |  Real Estate Agents |  Inspectors |  Contact Us |  Privacy Policy
    Master Inspector Network
    7700-2 Square Lake Boulevard
    Jacksonville, Florida 32256.
     
    Copyright @2000- 2007 -  Inspection Deport - All Rights Reserved
     
    Email webmaster@masterbuildinginspector.com for questions or concerns