Listing or Pre-Sale Inspection
The importance of a pre-sale inspection to the seller of property cannot be too strongly stressed. This type of inspection is not only beneficial to the seller of the property, but to the buyer and the real estate agent as well.
Benefits for the seller are:
- firsthand knowledge of needed repairs to the property before a buyer is found enables the seller an opportunity to set a fair price on the property. This also gives the seller added protection and helps eliminate the seller's liability in a law suit due to misrepresented pre-sale condition of the property.
- an inspection performed by an impartial third-party inspector reinforces the perceived value of the property.
Benefits for the buyer are:
- eliminated unexpected surprises after the purchase.
- openly acknowledged flaws in the property helps to lessen the severity of the flaws.
Benefits for the real estate agent are:
- decreases the liability to the agent, and
- sets forth a more professional image for the agent.