If you want to sell your house for 97-105% of your asking price, then it’s a good idea to get a pre-listing home inspection done. When you are getting ready to sell your home, there are a lot of things that you need to think about. One of the most important is making sure that your home is in the best possible condition for potential buyers.
This means fixing any problems that may exist and making sure that everything is up-to-date and looks good. In this blog post, we will discuss what a pre-listing home inspection is, why you should get one, and the benefits of doing so.
What Is A Pre-listing Home Inspection?
A pre-listing home inspection is an inspection of your home that you do before it is put on the market. This inspection helps to identify any problems that may exist with the home.
Once you identify the problem, you can fix it before potential buyers see the home. This can help to make sure that the home is in the best possible condition when it goes on the market. It can help to avoid any issues that may arise during the sale.
What Does It Cover?
A pre-listing home inspection covers all of the major systems in your home. This includes the roof, the foundation, the electrical system, the plumbing system, etc. The inspector will look for any problems that exist with these systems and will provide a report of their findings.
Benefits of Getting a Pre-Listing Home Inspection?
There are several benefits of getting a pre-listing home inspection. Some of these are:
Best Condition For Sale
One of the main benefits is that it can help to get your home in the best possible condition for sale. By identifying and fixing them before potential buyers see the home, you can avoid any issues that may arise during the sale.
Avoid Surprises
Another benefit is that it can help to avoid any surprises that may come up during the sale. This can help to avoid any delays or complications and get your home sold quickly.
Accurate Pricing
Getting a pre-listing home inspection can help to ensure that your home is accurately priced. If there are any problems with the home, they will show up during the inspection and can affect the price of the home. This can help to avoid any issues that may arise later on if the buyer discovers problems with the home after the sale.
Full Disclosure
Pre-listing home inspections help to ensure full disclosure. This can help to build trust between you and potential buyers.
Better Marketing
Yet another benefit of getting a pre-listing home inspection is that it can help to improve your marketing. If the inspector finds any problems with the home, you can use this to market the home.
For example, if the home needs repairs, you can market it as a fixer-upper. This can help to attract buyers who are looking for a project.
Who Is Responsible For a Pre-listing Inspection?
The seller is typically responsible for the cost of the pre-listing home inspection. However, this is something that should talk about with your real estate agent.
When Should I Get A Pre-listing Home Inspection?
It is recommended that you get a pre-listing home inspection done about a month before you plan on listing your home. This will give you enough time to make repairs or improvements before potential buyers see the home.
Whats the Difference Between a Home Inspection and a Pre-Listing Inspection?
A home inspection is an inspection of a home that you do after an offer has been made and accepted. A pre-listing inspection is an inspection of a home that you do before it is put on the market.
Lenders need you to do home inspections in order to get a loan for the purchase of a home. Pre-listing inspections are not necessary but can be beneficial for sellers.
Disadvantages of a Pre-listing Inspection
There are a few disadvantages to getting a pre-listing home inspection. This could include:
Costly Repairs
One of the main disadvantages is that if the inspector finds any problems with the home, you may be responsible for making costly repairs. Also if the inspector finds any major problems with the home, you may have to lower the asking price of the home.
Time-Consuming
Another disadvantage of getting a pre-listing home inspection is that it can be time-consuming. The inspection process can take a few hours to complete. If the inspector identifies any problems you may have to make repairs which can take additional time.
Conflict with Home Inspection Done By Buyers
Another potential disadvantage is that if the buyer gets their own home inspection, they may find different problems than what was found during the pre-listing inspection. This can lead to conflict and may delay or even cancel the sale of the home. This could even lead to legal action.
Cost of a Pre-listing Inspection
The cost of a pre-listing home inspection will vary depending on the size and age of the home. The average cost of a pre-listing home inspection is between $300 and $500.
The cost can be higher or lower depending on the specific circumstances. Inspectors base their pricing on the size of the house being inspected, charging an extra $25 or more per 500 square feet after the first 2,000.
FAQ’s
Still not sure if it’s worth it to get a home inspection done before you sell your home? Here are a few things to consider.
Who Does a Pre-listing Inspection?
A pre-listing inspection is typically done by a professional home inspector. The inspector will look for any problems with the home, both big and small. They will then provide a report of their findings to the seller.
Do I Have to Disclose the Report?
Yes, you must disclose the results of the pre-listing inspection to potential buyers. This is done during the negotiation process.
Are Pre-listing Inspections Required?
No, pre-listing inspections are not necessary. However, they can be beneficial for sellers.
What Does A Pre-listing Inspection Cover?
A pre-listing inspection will cover all major systems of the home, including the electrical, plumbing, HVAC, and more. Additionally, the inspector will look for any signs of pests or water damage.
How Long Does A Pre-listing Inspection Take?
The inspection process can take a few hours to complete.
Schedule A Pre-listing Home Inspection
If youre on the fence about getting pre-listing home inspection services done, we hope this article has helped tip you in favor of taking that step. It could be the difference between a sale and no sale at all.
And remember, if you need help selling your Nashville home fast, contact us today! We buy houses in any condition and can make you an offer within 24 hours.
