| Porter's
Wisconsin Inspections is an inspection company for most of
your real estate related needs..
Located and
Serving South Western Wisconsin
How a Pre-Listing or Pre-Sale
Inspection can be a big help in selling your home
Seller
inspections (sometimes referred to as pre-listing inspections) are
becoming more popular because they virtually eliminate the pitfalls
and hassles associated with waiting to do the inspections until a buyer is
found. In many ways, waiting to schedule inspections until after a home
goes under agreement is too late. Seller inspections are
usually arranged and paid for by the seller, usually just before the home
goes on the market. Sometimes the Real Estate Company contracts or pays
the Inspector to inspect the properties that they list, especially if the
seller does not want to foot the extra cost involved. The seller is
usually the inspector's client, but it depends on the way it is set up.
The inspector works for the client and generates a report for them. The
client typically makes multiple copies of the report and shares them with
potential buyers that tour the home for sale or can be placed by the
inspector to a web service for viewing by prospective buyers. Seller
inspections are a benefit to all parties in a real estate transaction.
Advantages to the seller:
- The seller can choose the inspector rather than
be at the mercy of the buyer's choice of inspector.
- The seller can schedule the inspections at the
seller's convenience.
- It might alert the seller of any items of
immediate personal concern that they should deal with.
- The seller can assist the inspector during the
inspection, something normally not done during a buyer's inspection.
- The seller can have the inspector correct any
misstatements in the inspection report before it is generated.
- The report can help the seller realistically
price the home if problems exist.
- The report can help the seller substantiate a
higher asking price if problems don't exist or have been corrected.
- A seller inspection reveals problems ahead of
time which:
- might make the home show better.
- gives the seller time to make repairs and shop
for competitive contractors.
- permits the seller to attach repair estimates
or paid invoices to the inspection report.
- removes over-inflated buyer
procured estimates from the negotiation table.
- The report might alert the seller to
any immediate safety issues found, before agents and visitors tour the
home.
- The report provides a third-party, unbiased
opinion to offer to potential buyers.
- A seller inspection permits a clean home
inspection report to be used as a marketing tool.
- A seller inspection is the ultimate gesture in
forthrightness on the part of the seller.
- The report might relieve a prospective
buyer's unfounded suspicions, before they walk away.
- A seller inspection lightens negotiations and
11th-hour renegotiations.
- The report might encourage the buyer to waive the
inspection contingency or contract with their contracted inspector to
review the report on site..
- The deal is less likely to fall apart the way
they often do when a buyer's inspection unexpectedly reveals a problem,
last minute.
- The report provides full-disclosure protection
from future legal claims. The inspection will need to be every bit as
thorough as a regular pre-purchase inspection and possibly more, so no
surprises show up later in the sale completion process.
Advantages to the real estate agent:
- Agents can recommend inspectors as opposed to
being at the mercy of buyer's choices in inspectors.
- Sellers can schedule the inspections at seller's
convenience with little effort on the part of agents.
- Sellers can assist inspectors during the
inspections, something normally not done during buyer's inspections.
- Sellers can have inspectors correct any
misstatements in the reports before they are generated.
- The reports help sellers see their homes through
the eyes of a critical, third-party, thus making sellers more realistic
about asking price.
- Agents are alerted to any immediate safety issues
found, before other agents and potential buyers tour the home.
- Repairs made ahead of time might make homes show
better.
- Reports hosted online entice potential buyers to
tour the homes.
- The reports provide third-party, unbiased
opinions to offer to potential buyers.
- Clean reports can be used as marketing tools to
help sell the homes.
- The reports might relieve prospective
buyer's unfounded suspicions, before they walk away.
- Seller inspections eliminate buyer's remorse that
sometimes occurs just after an inspection.
- Seller inspections reduce the need for
negotiations and 11th-hour renegotiations.
- Seller inspections relieve the agent of having to
hurriedly procure repair estimates or schedule repairs.
- The reports might encourage buyers to waive their
inspection contingencies.
- Deals are less likely to fall apart the way they
often do when buyer's inspections unexpectedly reveal problems, last
minute.
- Reports provide full-disclosure protection
from future legal claims.
Advantages to the home buyer:
- The inspection is done already.
- The inspection is paid for by the seller.
- The report provides a more accurate, third-party
view of the condition of the home prior to making an offer.
- A seller inspection eliminates surprise defects.
- Problems are corrected or at least
acknowledged prior to making an offer on the home.
- A seller inspection reduces the need for
negotiations and 11th-hour renegotiations.
- The report might assist in acquiring financing.
- A seller inspection allows the buyer to sweeten
the offer without increasing the offering price by waiving inspections.
- NOTE:
Doing a pre-listing whole house inspection does not guarantee that a
buyer will not opt to have another done at the time of the contract.
Nor does it guarantee that the second inspector will not find items
that first did not discover (or think important enough to note). What
it does guarantee, though, is evidence that you have spent the time
(and the money) to make sure that the house is without defect. In
addition, if you get into a contract squabble over repairs at contract
time, you will have evidence backing up your position.
Move In Certified

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