With a shortage of homes for sale over the last several years, shrewd Buyers are getting savvy with the time of year they buy their home! LESS COMPETITION Knowledgeable Buyers are
Should I Get An Inspection Before Listing My Home
When I'm on listing appointments, I often get questions from sellers about what types of repairs or renovations to make. In short...it depends. It depends on variables like the seller's needs, their financial goals, and their budget. When considering the marketability of a listing, a clean and well maintained home goes a long way. Clean appliances, fresh paint, and clean (or new) carpet can make a huge impression on potential buyers. People can generally sense how well a home was loved. Think about the last time you've walked into an open house. A well lit, warm (or cool, if in the summer), and well maintained home that smells fresh is almost always inviting. Add a touch of staging, and a charmed and welcoming environment can be created. We often distill a home's value down to a price per-square-foot, but context matters, which is why this stuff matters.
On one hand, we have marketability and the context that's created with a clean and inviting home. Safety and functionality are also important...arguably more important than the cosmetic details. Before delving into spending money on paint and carpet, perhaps it's a good idea to get a home inspection to flesh out any potential problems that should be addressed; problems that could ultimately prevent a sale from going through if discovered by a wary buyer or diligent appraiser. Think about the problems that can exist if maintenance has been deferred for a few years or more.
On the flip side, waiting for a buyer to get an inspection and request repairs can limit the amount of time and money the seller spends. In other words, a seller may feel inclined to fix everything on a pre-listing inspection report. At the least the seller can draw a line in the sand, indicating in the listing what they're willing to repair. When a buyer hires an inspector and receives a report, they may ask for the seller to repair everything in the report, or only the stuff that's the most important to them. Either way, it's negotiable...which is where the seller can save. It should be noted that a seller's home inspection does not preclude a buyer from getting their own inspection. Also note, that a well maintained home and clean bill-of-health on a pre-listing inspection report can go a long way with the home's presentation and marketability.
When you work with a professional real estate broker, we can gather information about the market to gauge the value of renovations and repairs, create a plan of pre-listing activities, and position the listing for maximum exposure when it's time to show and sell. Whether you decide to get a pre-listing inspection or not, we're here to help you achieve your goals. Our role is to provide information so that you can make the best decision possible.
Chris is a dedicated professional interested in providing the best service to his clients. Energy, knowledge, and timeliness are just some of the strengths he will leverage to provide you with the bes....