I believe that it is in the Seller’s best interest to have a pre-list home inspection done shortly before listing their property. There are three main reasons a seller may elect to do this.
1. Make Minor Repairs Ahead Of Your First Impression On The Market
Sellers know a lot about their home, however a pre-list home inspection reduces the number of red flags that may be found in a buyer’s inspection report. An inspector will help point out minor faults that the Seller may be able to remedy before going to market. Small items such as leaking faucets, missing handrails, electrical cover plates and so on which the owner can quickly and inexpensively fix. An inspection report can be updated once these items are taken care of.
2. Honesty Is The Best Policy
Pre-Listing Inspections tell buyers about the details of your property and that you are willing to ‘show your hand’ as the Seller. An inspection will reveal all that’s known about the home’s condition when it was inspected. An honest seller wants prospective buyers to know what they are walking into so there are no surprises later which will delay or collapse the deal.
3. Seller Convenience
A Pre-Listing Inspection is also a great tool for reducing the inconvenience of having your home inspected. While some Buyers may still want to have their own home inspection done, some Buyers may be comfortable with the Pre-Listing Inspection you had done.
Let's say there are five separate inspections during one week of showings - that’s approximately 15 hours you'll have to be away from your home. You’ll need to give the potential Buyer and inspector privacy and time to look at the property.
The objective in getting the highest dollar amount for your home is to keep the pool of Buyers as large as possible. Giving them a sense of confidence about your property due to your transparency and upfront report will keep them interested, focused and, above all, ready and willing to act.
Having a Pre-Listing Inspection does not necessarily mean there won't be inspections by other parties. But, it will cut back on the total number of inspections to make things a little easier for you and for a prospective buyer to offer on your property.