The advantages of having a standard residential property inspection completed on your home before you sell are many. The pre sale inspection is fast becoming the inspection of choice for astute vendors and real estate agents. Full disclosure to any potential purchaser not only helps speed up their decision making and due diligence, but it also takes any existing defects off the negotiating table. With full disclosure you are saying to the purchaser “Here’s the house, warts and all, that’s what’s wrong with it so that’s why it’s now at that price”.
Until recently having a pre purchase inspection carried out by the purchaser after their offer has been accepted was the norm. However due to the continued frustration of property owners and their selling agents tired of the re-negotiation process where they’re often being asked to reduce the agreed selling price due to defects found in a pre purchase inspection and quoting unsubstantiated and over inflated repairs costs. By having an independent pre sale inspection the property owner and real estate agent are taking back the control of the sales process.
Having an independent pre sale inspection report available to all potential purchasers is invaluable to the real estate agent as a selling tool and some astute real estate agents are now using the Independent Property Inspections Pre Sale system to give their business an unfair advantage over their competitors when marketing and selling property. The Independent Property Inspections Pre Sale system only multiplies the advantage when used for an Auctioned or a property with a lot of interest and numerous purchasers making offers or submitting tenders. With full disclosure to all potential purchasers the selling price can only go up. Full disclosure also enhances the reputation of the Real Estate agency adopting this strategy and helps speed up the sale process. The pre inspected property will always be more attractive to a purchaser than gambling on a property without a building condition report.