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Why Pre-Sale Property Inspections Matter
Why Pre-Sale Property Inspections Matter
Let’s say a property is valued at $1 million—selling it could cost the owner around $30,000. Despite this significant investment, many owners and agents enter the market without truly understanding the condition of the property they’re selling.
Take this common scenario: a buyer conducts an inspection during the cooling-off period, only to discover active termites and substantial structural damage. The buyer pulls out, the agent is left with an unsold property, and the owner is suddenly $10,000 out of pocket with a now less marketable home. All of this could have been avoided with one simple step—a pre-sale inspection.
Why Conduct a Property Inspection Before Selling?
1. Identify and Fix Issues Early
A pre-sale inspection gives you the opportunity to identify and resolve maintenance or structural issues before listing. This improves the overall presentation and value of the property, giving you a stronger product to market.
2. Improve the Inspection Report
When repairs are completed professionally and to the satisfaction of the inspector, the final report can reflect these improvements. This adds credibility to your listing and gives buyers greater confidence in the property.
3. Provide Transparency to Buyers
By making the inspection report available at the start of your sales campaign, you give buyers immediate access to key information. This can speed up their decision-making process and often reduces the cost of due diligence on their end—benefiting both parties. Just be sure the inspection and reporting are handled by qualified professionals.
What If There Are Major Issues?
Not all problems can be easily resolved—such as rising damp or structural cracks—but being informed allows you to manage these issues transparently with prospective buyers. For example, a structural engineer’s report on cracks can provide reassurance and context.
In our earlier example, the owner could have dealt with the termite problem beforehand. A pest control professional could have eliminated the infestation, a licensed tradesperson could have repaired the damage, and the inspector could have updated their findings accordingly.
Final Thought
If your property is in good condition, why wouldn’t you want buyers to know that?
Providing upfront access to a professional inspection report builds trust and positions your property more competitively in the market. For a relatively low cost, it’s one of the smartest ways to enhance your marketing strategy and attract serious buyers.
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