Sellers should not leave property inspections up to the buyers. With a completed building inspection before you list your property, you will know whether you have mould, leaking pipes, electrical wiring issues, water damage or any other issues. With this information in hand, you as the seller get the chance to set yourself up for a more successful sale.
So why should you consider a pre-sale property inspection?
Get more interested buyers
As a seller, you want to attract more interested buyers, and with a property inspection report provided upfront, it gives buyers a comprehensive overview on the general condition of your property.
Buyers will have confidence your property has no issues they need to address. It also gives them confidence that work that needed to be done was completed properly. All those details would be outlined in this report, and buyers will be able to proceed with confidence knowing exactly the state and condition of the home they want to buy.
With the report in hand at the beginning of your property selling journey, it could also accelerate the deal process. Since you have had the opportunity to address issues before going to market, you can avoid delays during negotiations. You remove any surprises that may arise from a potential buyer’s inspection.
Understand the current conditions of your property
After a thorough inspection under the floorboards, in the ceiling and everywhere else around your property, you will have an accurate understanding of its condition. During this process, minor and major issues, such as cracks and drainage problems, can be noticed and easily fixed to avoid bigger problems down the track.
With a professional inspection you can correct any issues right away. This gives you an advantage during price negotiations. It allows you to back up your claims about the condition of your property with an independent report from a professional.
Also, with a clear understanding of your property’s condition, you have a better picture to determine its value. This will help set a more accurate and realistic expectation for your price range.
Understand potential future expenses
With a complete property inspection, you will get an insight into future costs with a high degree of accuracy. Ensuring you and the future owner understand when various systems, such as piping and plumbing, may need updating.
Also, it could be helpful to get these systems assessed for wear and tear to understand their expected lifespan. This gives you confidence they are still in good working order at the time of sale.
Whether you sell or not, this information helps you better budget and plan for these costs. It also puts you in a strong position during negotiations. You might end up having a faulty system replaced before listing your property. And for those that are in good working order and do not need attention, you can highlight this fact to buyers and potentially get you a better price.
Firm up your expectations
A well educated view of your property’s value gives you added confidence during the selling process. With a comprehensive property report, you will be able to set your own expectations around the price and the sale of your home with confidence.
You will have a solid foundation for answering any questions that a prospective buyer could have. With an independent, professional inspection report, you can give buyers more confidence.
Rest assure – you have peace of mind
With a detailed report full of critical information on the ‘health’ status of your home, you can be at ease. When you know your home is structurally sound and in good condition, you can attract a higher price.
With an inspection that puts your property in the clear, you can start marketing your property and negotiate with confidence. You will know that prospective buyers won’t find any issues because you have turned over every rock.
Additionally, if any problems do crop up from the buyer, they should not be a surprise. This will allow you to address any matters on your terms. With a move-in-ready house that has a clean bill of health, keen buyers will be more comfortable knowing they can put in an offer with ease.