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Seller inspections (pre-listing inspections) could eliminate some of the pitfalls and hassles associated with waiting for the buyer to have a home inspection. Waiting to schedule the inspection until after a home goes under agreement could cause a delay or worse the buyer backs out. Seller inspections are arranged and paid for by the seller. The home inspector works for the seller and generates the inspection report for the seller. The report is then uploaded to a web site and only those allowed by the seller will be able to view it, including prospective buyers who provide their e-mail address. Seller inspections are a benefit to all parties in a real estate transaction.
Advantages to the Seller:
- The seller can choose a certified home inspector from the American Society of Home Inspectors (ASHI) or the International Association of Certified Home Inspectors (InterNACHI) .
- The seller can schedule the inspection at their convenience.
- The seller will be alerted to any items of concern.
- The report can help the seller realistically price the home if a problem exists.
- The report can help the seller substantiate a higher asking price if problems don’t exist or have been corrected.
- A seller inspection reveals problems ahead of time, which:
- might make the home show better;
- gives the seller time to make repairs;
- permits the seller to provide paid invoices for work performed as a result of the seller inspection; and
- removes the possibility of over-inflated buyer repair estimates.
- A seller inspection would permit a clean home inspection report to be used as a marketing tool.
- A seller inspection lightens negotiations and 11th hour re-negotiations.
- The deal is less likely to fall apart if the buyer’s inspection reveals a problem.
- When the seller purchases a new house in Passaic, Bergen, Morris or Sussex Counties they get a $100.00 discount off there new house inspection
Advantages to the Real Estate Agent:
- Agents can recommend a certified home inspector from ASHI or InterNACHI .
- The seller can schedule the inspection at their convenience, with little effort on the part of the agent.
- The report allows the seller to see their homes through the eyes of an unbiased third-party.
- Agents will be alerted to any issues found, before other agents or buyers tour the home.
- Repairs made ahead of time will make homes show better
- Clean home inspection report to be used as a marketing tool.
- A seller inspection lessens the need for negotiations and 11th hour re-negotiations.
- The deal is less likely to fall apart if a buyer’s inspection reveals a problem.
Advantages to the Home Buyer:
- The inspection is paid by the seller.
- The report will provide an unbiased third-party view of the home prior to making an offer.
- A surprise defect is eliminated.
- Problems are corrected, or acknowledged, before an offer is made.
- A seller inspection lightens negotiations and 11th hour re-negotiations.
- Nothing prevents the buyer from having their own home inspection.
Some Myths About Seller Inspections:
- Don’t seller inspections force sellers to disclose defects they wouldn’t have known about?
- Any defect that is enough to terminate a real estate transaction is likely going to be uncovered anyway. Better to discover the problem ahead of time.
- Should an inspection be done on a newer home?
- If the property is in great condition, the inspection report becomes a marketing tool.
Covering all of Passaic, Bergen, Morris and Sussex Counties.
