Sellers Advantage
MYTH: Buyers should schedule a home inspection. Sellers do not have to worry about this part of the process.
TRUTH: Pre-listing inspections take the stress out of listing your home by strengthening your negotiating position and can even speed up the sales process.
Let’s face it, the most stressful part of the home selling process for the seller is often the negotiations. A buyer contracts an inspector and uncovers major issues with the home structure that they then use to negotiate a lower rate, and you are left wondering what to do next. This reactive approach costs sellers money each and every time, simply because most sellers don’t know that they have another choice.
Pre-listing inspections are not an every-day thing in Austin, Texas. Only the most savvy sellers understand the benefits.
Having a list of problems up front allows you to decide what to do. You can basically make one of two choices: Fix the issues and thus raise the value of your home, or Set an appropriate price for the home based on those issues and be transparent in the pricing. Depending on the issue, you may not need or want to fix it— often times certain repairs aren’t necessary or won’t impact the sales price. Your Realtor can advise you on which path might be the best for you.
Either choice helps you set an appropriate value for your home & limits negotiating on price. The most heated price negotiations happen when major issues that weren’t disclosed up front are uncovered during an inspection. You can completely eliminate this stressful ocurrence by disclosing up front.
Pre-listing inspections can be an advertising point. Most real estate agents can provide a sign or note letting buyers know that an inspection report is available. Buyers knowing important facts about your home up front gives you as the seller an edge in the process over other potential homes the buyer is considering.
Pre-listing Inspections can help speed up the process and build trust. The peace of mind for the client is invaluable. Furthermore, an inspection report can help your Real Estate Agent explain how the you arrived at the asking price with full-transparency, leaving no doubt in the buyers mind as to the value of the home.
Of course, any buyer in Central Texas will still want to get the home inspected on their own. But rather than being bombarded with a laundry list of unknown defects and issues, you’ll find that the up-front knowledge on your home has given you a powerful advantage in the selling process.
If you’re interested in taking the stress out of negotiations and selling your home quickly, schedule your pre-listing inspection with Butch from Precision Property Inspections here.