Pre-listing home inspections are becoming more popular every year! This type of home inspection is done before the seller lists the house and helps ensure that the sales process goes smoothly. It also gives the buyer more re-assurance in the house, which can help the sale go even faster.
A pre-listing home inspection is typically initiated and bought by the seller or the listing real estate agent. A pre-listing home inspection is the same as a pre-purchase home inspection and has the same reporting methods, but the information is provided directly to the seller or agent before the house is listed. The written report on the pre-listing condition of the home may uncover concerns that may compromise or speed up a sale.
The pre-listing home inspection can be used to allow the seller an opportunity to address and correct an issue before the home is listed and provide insight on how to price the home.
Benefits include:
- Listing agents are given time to help the seller decide what areas to work on to improve the home’s appeal.
- Sellers gain more time to make repairs and compare bids on work to be done.
- A home inspection helps the agent set the seller’s price expectation and can be used to substantiate a higher asking price.
- The pre-listing inspection report can be used as a marketing tool to accurately illustrate the condition of the home.