Why you should get prelisting inspection before selling your home?
If you are planning to sell a home in Phoenix, it is important to get a home inspection completed before putting your home on the market. As a seller, you know that buyers are going to need to have a home inspection conducted before they complete the process of buying the property. But what if you were to beat them to it? Getting a pre-listing home inspection offers some advantages to sellers that you may not be aware of. The biggest, of course, finding out the exact condition of your home. Read why you want to consider to get prelisting inspection before selling your home in Arizona.
Fewer surprises
One of the biggest fears of most sellers is that when buyers do get the home inspected that something discovered that kills the sale. Home inspection is often the point where sales fall apart, leaving the seller to pick up the pieces.
But as the seller, you don’t have to wait for the buyer to complete the inspection. You can have your own done, and get ahead of any issues before ever listing the property for sale. The purpose is to uncover hidden and potentially expensive problems that could affect the value of the home.
More time for repairs
For buyers, the home inspection contingency can empower them to request repairs, reopen price negotiations, or cancel the deal without forfeiting their earnest money.
If there are major issue found during buyer’s inspection period, you will be expected to repair them if you want to get full price for your home. The problem is that you will only have until closing to get all the repairs done. The limited time frame tends to put sellers on edge and leave them scrambling to get everything fixed in time.
Pre-inspection give sellers the ability to fix problems ahead of time. Seller can set your own schedule for repairs. There is no rush to list the property until you have made sure the home is in good shape. You will be putting your home on the market with confidence you had corrected any large problems and present buyers with a clean bill of health on the property.
Pricing the home accurately
Determine an accurate listing price for your home is one of the most challenging parts of the home sales process. It takes experience and skill to find the sweet spot – too high and buyers will stay away, too low and you miss out on money from the sale.
The best way to choose a price is to work with a Realtor experienced in your market, but even the best real estate agent will struggle with pricing if the state of the home is unclear. Having an inspection before your house goes on the market ensures that you have all the facts, which makes setting a price much easier.
Less likelihood of negotiations
Quite often buyers will use the home inspection as a point of asking for additional seller’s concessions. They will use the home inspection to renegotiate the sale price. This is because they know that there will probably be one or more issues that will come up warranting to re-considerate the sale price. Negotiating home inspections is a common hurdle in the real estate process.
A pre-listing inspection will help you avoid this situation. You are unlikely to learn anything new about your home from buyer’s inspection. Buyer may still negotiate, but they will probably be minimal.
Read Seller’s Guide to Negotiations when Selling a House in Arizona
Improve the buyer’s confidence
Anytime seller provides buyer with an inspection report that details the present condition of a home, you are probably going to make them feel more confident about the purchase.
Buyers naturally are skeptical about a home’s condition until their home inspection is completed. Knowing that a third party professional has already looked over the home carefully allows the buyer to make a confident offer.
Leads to more offers
Another significant reason to do a pre-home inspection is the fact that it will lead to more offers. With issues found and major repairs being completed, it becomes a strong selling point. This also makes you more honest as a seller (in the mind of the buyer) because you will have a report for them regarding the findings of the inspection. This gives a strong first impression to buyers, who may see your house in a more positive light and boost their offer.
Summary
House values in Phoenix may fluctuate and the market is unpredictable but getting your home both inspected and repaired will greatly increase its value both in the minds of buyers as well as on the open market. Taking these extra steps ahead of time, before you prepare to list your property could be the one factor in the amount of money you get for your home, the number of offers you get, and the final selling price.
Nothing is guaranteed, but getting your home inspected can puts you head and shoulders above the crowd in terms of presenting your home and yourself with the highest standards and allowing potential buyers to feel that they are getting a straight forward and good deal.
Selling your home in Phoenix AZ
Contact Us or call Swee Ng at 480.721.6253 today to discuss your potential Phoenix House Value and our comprehensive marketing plan. We will prepare complimentary competitive market analysis (CMA) to find out what your home is worth at today’s market.
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Swee Ng, Realtor and Resident in Phoenix East Valley specializing in win-win real estate transaction through great communication and fighting for his clients’ best interest. After all, this is more than real estates, this is about your life and your dreams.
If you are looking to buy or sell your home in Phoenix or surrounding area, I would the the opportunity to be interviewed for the job. Contact Us today for complimentary and no obligation consultation. I hope that you will put my experience, knowledge, service and professionalism to work for you.
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