Seller inspections (sometimes referred to as pre-listing inspections) are becoming more popular because they virtually eliminate all the pitfalls and hassles associated with waiting to do the home inspection until a buyer is found. In many ways, waiting to schedule the inspection until after a home goes under agreement is too late. Seller inspections are arranged and paid for by the seller, usually just before the home goes on the market.
The seller is the property inspector’s client. The inspector works for the seller and generates a report for the seller. The seller then typically makes multiple copies of the report and shares them with potential buyers who tour the home for sale. Seller inspections are a benefit to all parties in a real estate transaction. This makes it a win-win situation.
SELLER INSPECTIONS – Q&A
- Does a Seller Inspection "Kill Deals"?
- We Have a Newer Home - Do We Still Need One?
- What Does a Seller Inspection Cover?
Don’t seller inspections kill deals by forcing sellers to disclose defects they otherwise wouldn’t have known about? No – Any defect that is material enough to kill a real estate transaction is likely going to be uncovered eventually anyway. It is best to discover the problem ahead of time before it can kill the deal.
A newer home in good condition doesn’t need an inspection anyway. Why should the seller have one done? The reason is that unlike real estate agents, whose job is to market properties for their sellers, inspectors produce objective reports. If the property is truly in great shape, the inspection report becomes a pseudo-marketing piece, with the added benefit of having been generated by an impartial party.
A seller’s inspection covers all of the items that a buyer’s home inspection does. So the roof, structure, electrical, HVAC, plumbing, and much more. It is a complete report that gives you the information you need to know about your home.