It is very common for the buyer to arrange for property inspections. However, if you are the seller, you might want to consider having your home inspected before you put it on the market. There are many reasons to do so, all of which are in your favor. Below are the top three reasons to have inspections done before you list your home.
Reason 1: A strong sign that you are transparent, upfront and honest
When you have a presale inspection completed and the written report available to potential buyers, this will instil confidence in them as the ones looking to purchase your home. Seeing the inspector’s report will help filter out the buyers who do not wish to undertake small fixes throughout the house (if there are any) and convince them to make an offer on your property.
Reason 2: Boosts your price and marketability
A presale inspection will let you find and fix issues in desperate need of home improvement, which will help boost your price as well as marketability of your property. For example, if you know that your carpet has gotten mouldy underneath and needs to be replaced, you can have it done before listing or factor the need for replacements into the price. The latter option will help you avoid potential buyers who wish to negotiate down the price even more after the initial negotiation.
Reason 3: Gives you the advantage in negotiations
If you have a presale inspection done, you will gain the upper hand during potential negotiations. The truth is, any serious buyer will eventually find out about any flaws your house may have anyway, so if you actually are honest and upfront in the very beginning, you can negotiate from a place of strength.
There are many good reasons to do a presale inspection of your property before you put it up on your market. Doing so will make any issues with the house transparent to the buyer before his or her offer. Although doing so seems counterintuitive, it is actually in your favor to have your inspection reports done before putting your home up for sale. If you are putting your home up for sale and are wondering about the real-estate markets here in Red Deer, please feel free to browse our reports.