Real Estate Price Negotiator
- Instruction Manual -

Chapter 4 [Listing Agent]
Pre-Inspection         


One way to find out the true condition of the property is by getting a pre-inspection by a professional inspection company. You should verify that such a company uses inspectors who carry the proper insurance, including professional liability (errors and omissions) and general liability.

With a home pre-inspection, sellers have the opportunity to address any defects an inspector might find and have them repaired before a potential buyer even sees the property. A pre-inspection is also an effective promotion tool, reassuring buyers that what they see is what they get. It also eliminates the buyer-beware thoughts.

A professional pre-inspection puts a printed record in the hands of the buyer, attesting to the reputability of the listing salesperson and the serious intent of the seller. It not only explains any defects that exist but also highlights the assets of the home, pointing out what has recently been updated. In addition, it estimates how long the home’s equipment, structure, and finishes will last.

The "Home Inspection" condition has moved to the top of the list for real estate agents and buyers, and without a home pre-inspection by a competent professional, all involved in the transaction are put in jeopardy.

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The Pre-inspection has many benefits.

Sellers will know the true condition of their property before they put it up for sale. If an inspector discovers any problems this gives the sellers time to correct them without the buyers knowing about the problems. This results in less stress for the sellers and you, the agent. If buyers know the property is in good condition, they will not use problems discovered by the inspector as a bargaining tool to decrease the price. An inspection certificate can go a long way toward reassuring buyers as to the condition of the property. Buyers will not make low bids/offers if they have seen the inspection certificate. 

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