An inspection report brings more buyers to the table and creates a better negotiating environment for both sellers and buyers. With the home’s condition disclosed at the beginning rather than the end of the process, things move more quickly and smoothly.
These also allow the seller to identify any problems before putting their home on the market, providing the opportunity to rectify any issues before the buyer even gets involved.
Doing repairs ahead of time may also be more cost-effective than having to pay for a buyer’s contractors. Once these issues have been addressed, the selling price can be altered to reflect this, allowing the seller to request a higher asking price. The report itself can even become a powerful marketing tool for the realtor!
Most buyers want a home inspection to understand what they are buying and often want to renegotiate based on inspection results. It makes sense to put the inspection at the beginning of the sales process. Before home inspections were common, sellers had no reason to disclose the condition of their property.
Avoid conditional offers or renegotiations at the last minute. It is a win-win situation, with less liability for all.