The previous post elaborated on the advantages for the seller concerning pre-listing inspections and reports. Although there are many advantages for the seller the agent also benefits greatly.
In a former post, I mentioned the state of disrepair in a home. I must admit, although it is biased, the state of the home that I walked through, not to mention the odours in the home, did unconsciously tarnish the hosting agents name. When I see the agent’s name, the home and its state immediately come to mind. I personally would have declined showing it.
Like I mentioned before, this could all have been prevented had the seller spent a little before it was too late. They could have sold the home instead of seeing the backs of potential buyers as they turned away. Even if the seller realizes their mistake those potential buyers will likely not return. Opportunities and time lost for all stakeholders involved!
Here are some of the advantages to a pre-listing home inspection for the Agent.
- Sellers can schedule the inspections at sellers convenience, with little effort on the part of agents.
- Sellers can assist inspectors during the inspections, something normally not done during buyer’s inspections.
- The 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.
- Reports hosted online entice potential buyers to tour the homes.
- The pre-listing reports provide third-party, unbiased opinions to offer to potential buyers.
- Clean reports can be used as marketing tools to help sell the homes.
- The reports might relieve prospective buyers' unfounded suspicions, before they walk away.
- Pre-listing home inspections eliminate "buyer's remorse" that sometimes occurs just after an inspection.
- Pre-listing home inspections reduce the need for negotiations and 11th-hour re-negotiations.
- Pre-listing home 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 last-minute problems.
- Reports provide full-disclosure protection from future legal claims.
Upgrade to a Move-In CertifiedTM pre-listing inspection & report, and it truly makes the “Realtors Day”, but more on that in a future post. The next post will be about the advantages to the all-important buyer!