What is a Seller Home Inspection?
In today’s economy, buyers have more homes to choose from than ever before. Why should they stop and look at yours? What is different about your home? To catch the buyers attention, you need to offer an eye catcher such as “This home is inspected…no surprises!” Eliminate some natural fears of the buyer right away by letting them know that this home is in generally good shape or better. When buyers are surfing the web, they can pass right over your listing. You need an eye popper link at your web listing that says Click here to see the home inspection. Just because you may think your home is in good shape, it does not separate it from the 100’s of others that you may be competing with for the buyer’s attention.
Attract agents like a magnet to your listing!
If you were an agent and were looking on behalf of your buyers for possible homes to show them, would you be attracted to a home that may sell easier because you know the home’s condition has already been inspected? If the price is right, and the financing is favorable, then the hardest part remaining (the inspection) is already done! Agents work on commission and many times the inspection is the problem. With a seller’s inspection link at your listing, the buyer’s agent can see quickly that this home is a lot more attractive than the other homes on the street ,and is likely to go to closing if the price can be worked out!
Home Sellers need to take back the leverage regarding a home inspection and do it before the buyer comes along!
When a buyer brings the home inspector, they are looking to cut those negotiated prices again. If significant problems are found the buyer may:
- want to terminate the contract
- ask for inflated amounts to have the problem fixed
- be so alarmed by the defect found, will terminate the contract without giving you the chance to fix it
Either way, your house is back on the market and the problem is still there for the next buyer to find. Or, the dream home you wanted, that was contingent on your home selling, is lost.
The problem is the timing of the home inspection.
The trend is changing, and Sellers are having a home inspection at the time of their listing in order to repair or determine the condition of their home, and to use it as a sales tool. A Seller’s inspection will virtually eliminate all the hassles and blown deals inspections cause when the Buyer brings their inspector. It gives the leverage back to the Seller.
- No more renegotiation after the home inspection.
- No more alarmed buyers when the home inspector finds a problem.
- No more does the Seller have to deal with inflated repair estimates that costs him or her money.
- No more countless hours and dollars in energy to get a contract that is “blown out of the water” by surprise defects.
- Above all, a Seller’s Inspection is the ultimate gesture of full disclosure and will help protect the Seller.
How easy is selling a house with a Seller’s Inspection?
If a seller’s inspection is performed and significant damage or defects are found, there will be disappointment, but no hysteria or regret. No deal about to go sour. The agent will discuss the problems with the Seller and will determine if this listing is “AS IS” with full disclosure, or if any repairs need correcting to expedite the sale. The Seller then corrects any problem areas, and calls for a reinspection of the home. The home inspector returns a clean report. Next, a Buyer enters a contract agreement with the Seller. The Buyer will choose to trust the home inspection or will have another. No major problems should be found by the second inspection. The deal coasts downhill to closing. Everyone is happy.