Home inspections provide a detailed list of what can be improved – cosmetically or functionally – so the homeowner can determine whether to conduct the repairs, or to adjust their asking price if the home will be sold “as is.” If repairs will be made by the homeowner in order to make their listing more attractive, it also helps identify the key areas where repairs should be focused.
A pre-listing home inspection can help a listing stand out and attract buyers to view the home. Also, if repairs are made or upgrades are conducted to large systems (like the roof, plumbing, or HVAC), then homeowners can get top dollar for their home while making the home more marketable for their realtor. Realtors can attract more buyers who are looking for a move-in ready home when they can tout the home as having had recent remodeling and upgrades.
- Reduce Contract Cancellations
Most contracts that are cancelled or backed out of are usually following the potential homebuyer’s home inspection. Sometimes, the issues discovered in a home inspection can turn buyers away from a property (even if they are minor), since many buyers in the market don’t want to handle repairs or upgrades after such a large purchase. Pre-listing home inspections provide all potential buyers a clear view of the property before they make an offer.