Did you know that pre-sale building and pest inspections are not only for buyers, but sellers can benefit from them too?
Properties in top tip condition can quickly sell at a high price. As a vendor, you’ll want to get the best market price for your property, and a full disclosure of the state of the home can help you achieve that.
A pre-sale pest and building inspection report helps buyers make an informed decision about any conditions that can assist in negotiating a realistic sale price.
The value of a pre-sale pest and building inspection to sellers
- Getting a professional’s point of view on the condition of the property will help you assess the best price of the home you are selling.
- If repairs are needed, you will have the time to look for contractors with competitive bids rather than hiring someone on a rush.
- Pre-sales property inspections help avoid a broken or delayed sale that might arise from “surprises” uncovered by the buyer’s inspector.
- You can negotiate with the client to accept the property as it is, resulting in a simple transaction.
Pre-Sale property inspection reports can attract potential buyers
Having a pre-sale property inspection report at hand can be an incentive because potential clients will appreciate your transparency. In fact, some lenders and solicitors require a pre-sale inspection as part of the sale agreement because it can act as an assurance that the property is a sound investment.
Top 3 tips for seller during a pre-sale pest and building inspection
- Do your research and find a reputable and independent unbiased inspector.
- If possible, attend the inspection yourself so you can get the full picture if the report highlights any problems.
- Read the inspection report thoroughly and don’t hesitate to ask your inspector clarifying questions or recommendation on certain issues.