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THE VALUE OF A SELLER INSPECTIONMore and more home sellers are opting to have their house inspected before a buyer comes along. Pre-Inspections (seller inspections) are gaining great momentum in both soft and hot real estate markets. While professional home inspections are not a new concept, the idea to have an inspection done at listing is beginning to gain acceptance. After all, why wait until there is a real estate contract on the line to find out if there are any significant defects in the home? Seller disclosure requirements are also causing sellers to take proactive measures to protect themselves during the sales process. Today`s seller wants to close their deal knowing they made a full disclosure of the condition of the home sold. THE VALUE OF A HOUSEMASTER® PRE-INSPECTIONSellers who arrange for a HouseMaster Pre-Inspection enjoy several marketing, legal, and financial advantages.
Marketing Once your HouseMaster Pre-Inspection is complete, a prominent HouseMaster Pre-Inspected logo can be posted to your on-line listing and a Pre-Inspected sign can be placed on your lawn. Prospective buyers and real estate agents understand a Pre-Inspected home`s unique benefit over other similar homes. At your request, tent cards can be placed throughout the home so that buyers and agents touring the home are reminded that a recent professional HouseMaster inspection report is available for review. A HouseMaster Pre-Inspection can give your home the edge! And buyers definitely appreciate knowing the condition of the major elements of the home upfront. Legal
The legal implications of seller disclosure requirements often put sellers in a difficult position. If a condition is found after a home has sold and was not disclosed, sellers may be asked to "prove" they were unaware of the problem - not an easy task. By having your home PreInspected, you have documentation to supplement your Seller Disclosure form regarding what you did, and did not, know aboth the condition of your home. And HouseMaster provides, at no additional cost, Seller Liability Protection for home sellers. This program reduces financial exposure in the event of a lawsuit based on the inspection's findings. Financial One of the most significant benefits of having your home inspected by your local HouseMaster office is the ability to enjoy an upper hand in negotiations. Here`s why: Without a pre-inspection, your home will be listed at what you consider to be a fair price. Interested buyers will then put in offers which are generally lower than the listing price. Most sellers expect to accept a price reasonably less than the listing price. This is where a problem can arise. After the buyer has an accepted offer on the home, the buyer will hire a home inspector. Our research has shown that over 40% of all homes have at least one significant defect. Click here to view our Home Defect Survey. When that defect is detected, most buyers will want the seller to fix defects found or try re-negotiate the price of the home. Experience shows that buyers generally try and negotiate two times the actual cost of repairs needed. By having a professional home inspection report available to the buyer, sellers now have several valuable options:
BUYERS BENEFIT TOO!Buyers of a HouseMaster PreInspected home can arrange to have HouseMaster come back to the property at a reduced rate to review and update the original inspection report and answer all the buyer's questions. During this walk thru inspection, the inspector can educate the buyer on the various types of systems in the home, show them how they are operated, answer any questions they may have, and provide valuable maintenance suggestions. And the best part is that buyers who opt for this walk thru will get the HouseMaster Limited Inspection Guarantee so they are assured that HouseMaster is committed to their satisfaction. |
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