Home Inspection Tips for Sellers

Ordinarily, a buyer pays to have a home formally inspected. But it is more common than ever that sellers have their homes inspected before they go on the market, and for good reason. Here are three home inspection tips for sellers, offering advice on why a pre-inspection may be a good idea.

1. A pre-inspection is a goodwill gesture. It demonstrates your willingness to go beyond expectation, which sets you apart from other sellers. You’re sending a signal that your home is an “open book,” and you’re being upfront about the property. This often gives buyers confidence in you.

2. You may save money. With a pre-inspection, you’ll get a heads-up if there are problems a potential buyer might want repaired. Once you know what’s wrong, you can have the issues fixed before listing. The fewer problems your home has, the faster it’s likely to sell. By disclosing all known issues upfront, you’re protecting yourself against claims the buyer might make later, which sometime result in lawsuits. Also, if your buyer’s inspector discovers problems you didn’t know about, the buyer will likely want to negotiate a lower price. That will cost you money and may delay the sale. The buyer might even cancel the contract.

3. A pre-inspection can highlight your home’s assets. It can shine a spotlight on your home’s selling points, such as any electrical upgrades you might have had made.

When not to get a pre-inspection

If you’re trying to sell a fixer-upper, don’t pay for a pre-inspection. But if you’ve maintained your home and want to sell it quickly and profitably, a pre-inspection is almost always a good idea.

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