There are a lot of moving pieces when it comes to selling your home. You have got to find a realtor who is right for you, determine your home’s asking price, prepare your home for sale, not to mention getting your finances all prepared for your next steps. With all that there is to do, you might be wondering, why you would be bothered to obtain a home inspection. After all, isn’t the buyer going to do that anyway?
While it is true, that a smart prospective buyer will still want to conduct their own inspection, it still makes sense for sellers to get a pre-inspection before they list. Yes, it going to cost some money, but it can actually save you quite a bit of hassle when it comes time to negotiate with buyers.
Here are a few reasons to consider getting a home inspection before putting your house up for sale:
- Catch problems upfront
Home inspections ultimately make you aware of any problems that exist within the house before they are brought to the attention of prospective buyers. Minor problems can be repaired, meaning that there will be a smaller list of defects when a buyer gets their inspection done.
For major repairs, it might not be worth it for you to fix them. It may make more sense to simply disclose them and factor them into your listing price. Either way, it will give you more control knowing about potential problems in advance.
- You will be in a better position to negotiate
Even if you decide not fix problems found during your home inspection, knowing they exist – and knowing the approximate cost to repair them – will put you in a much better position to negotiate.
For example, say there is a leak in the roof and a buyer asks for $10,000 off the asking price to compensate. Since you have had a home inspection, you will know that the cost to repair this leak will only be around $2,000. You can inform the buyer of this and mention that you have already brought your list price down by $2,500 to account for this.
- Gain an edge over the competition
Now suppose there is nothing (or very little) wrong with your house. Here too, having a pre-inspection can benefit you because it may help your home to sell more easily than others in your neighbourhood. If your home inspector gives your house a stellar report, then why not use it as a sales tool?
If you need help finding a qualified home inspector, talk to us for a referral.