Why You Should Inspect Your Home before Listing

Typically, the buyer pays for and arranges the real estate property inspection. But if you're the seller, you might want to jump the gun and have your home inspected—weeks or even months before you go on the market.

Why? Having an inspection done before listing will give you the leg up when it comes to pricing and negotiating your home's sale. It's also a sign to buyers that you're being transparent, upfront and honest.

Cosmic India

Here are three reasons sellers should have inspections before they list their homes:

Buyers will be more confident in your property.

When you have a presale inspection done, make the written report available to potential buyers. Seeing the inspector's report up front will give buyers the added confidence to make an offer on your property. Plus, you'll weed out the buyers who may not be into small fixes.

Unfortunately, this isn't the way it normally plays out. Usually, the seller has no inspections or reports. The buyer makes an offer, assuming that the property is in good condition. The seller accepts the offer, and the buyer begins his due diligence. The earnest money is deposited, and the inspections and loan processes begin.

However, if you'd done a property inspection before going to market, any issues would become obvious to the buyer before his or her offer. And both parties could have avoided wasting time and energy.

A presale inspection helps you price and market your property.

A presale inspection can enable you to fix glaring home improvement issues, which in turn helps you properly price and market your property. For example, if you know your home needs to be re-roofed, you can either have it fixed before listing or factor the need for repairs into the price. The latter option can spare you from dealing with buyers under contract who want to negotiate the price down or receive a credit after the inspector informs them about the roof.

Buyers Will Be More Confident in Your Property

When you have a pre-sale inspection done, make the written report available to potential buyers. Seeing the inspector's report up front will give buyers the added confidence to make an offer on your property. Plus, you'll weed out the buyers who may not be into small fixes.


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