As the economy continues to recover, over 5 million homes are being sold across the United States every year.
If you’re getting in on the action, one of the things you should consider doing before you place your home on the market is a home inspection.
While this is something most often done by the buyer, there are several advantages for the seller to do one as well.
Keep reading to find out five major reasons you should have a pre-listing house inspection done.
1. Sell Your Home Faster
If your goal is to sell your home as quickly as possible, then a pre-listing inspection will help do that. It’s one of the best ways to build trust with potential buyers who see that you’ve gone above and beyond what’s expected.
You can also use the information from the inspection to fix anything that needs repaired and make any necessary updates before you even list your home so potential buyers know they can move in right away.
2. Save on Repairs
When problems are uncovered by a buyer, you only have a few days to repair them, which doesn’t give you time to compare prices. Depending on the repair and your skill level, you may also be able to do repairs yourself with enough time.
3. Avoid Unnecessary Repairs
Let’s say you have some dated light fixtures that don’t seem to work as well as they used to. So, you spend money to have both the fixtures and the switches replaced.
Then, a buyer does an inspection and a major electrical problem is uncovered. Now, you have to replace all of the electric wiring throughout your home after wasting money on fixtures that were perfectly fine.
If you had done the 4 point inspection yourself, you only would have had to pay for the repair that was actually needed.
4. Limit Price Negotiations
Since you already know everything that’s wrong with the house, you can set your price accordingly from the beginning if you decide that you don’t want to make the repairs.
Then, once you get to the negotiation process, you can show potential buyers how much lower your asking price is compared to what your home’s value should be.
5. Highlight Strong Selling Points
In addition to pointing out what’s wrong with your home, an inspection will also highlight what’s right in your home. An inspector helps you prove the plumbing works and that your roofing materials are energy efficient.
This is another way your home will sell faster. With these points included in the listings, buyers will be excited to go into a sale knowing what to look forward to.
Ready to Go Beyond the House Inspection?
Now you know five major reasons to have a house inspection done before you try to sell your home. If you want to sell your home even faster, there are other things you can do.
Check out our blog for more tips and tricks to help you sell your home faster and for more money, including a recent post on front yard landscaping projects you should do before placing that for-sale sign.