A pre-listing home inspection is a process that involves the evaluation of a property’s condition before it is listed for sale in the market. Unlike a typical home inspection, where the buyer requests for an inspection. Sellers do pre-listing house inspections to identify and work on the faults before offering their property in the market. This proactive approach by the sellers can help to make the transaction smoother & efficient. However, there are other reasons why sellers prefer to do pre-listing home inspections.
Reveal the hidden issues
In normal cases, after finding out some issues with the property. The buyer has a right to back out from the transaction. But when the seller himself conducts a home inspection, there are the chances of finding hidden issues in the property.
Hence, this allows the seller to make necessary repairs & improvements before the buyer finds out.
Higher competitiveness
This proactive approach encourages confidence in potential buyers, minimising the chances of renegotiations and presenting the home as ready to move in. By providing clear information and fostering confidence, sellers can attract more serious buyers and potentially secure better offers, giving them an advantage in the market.
Pricing Accuracy
Homeowners can determine a listing price that is more accurate and competitive when they have a thorough understanding of the home’s condition. With this openness, serious buyers are more likely to be attracted. And the possibility of price negotiations becomes less when the price is accurately set.
Smoother transaction
Addressing the issues before listing your property can greatly reduce the possibility of unpleasant surprises during the buyer’s inspection. This proactive approach paves the way for a smoother transaction process, as most potential problems have already been taken care of.
Getting a pre-listing home inspection before placing the property on the market can be a smart move for both buyer & seller. By identifying potential issues before the transaction seller can set a fair price and increase the buyer’s confidence.
At Sapphire real estate we believe that a real estate transaction must be smooth and fair.
Conduct a home inspection with our team of experts!
