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Our View of Pre-Listing Inspections It’s a Buyer’s MarketJust a few short months ago it was a seller’s market -- quick turnover and multiple offers were notuncommon. In today’s market, buyers have the opportunity to be choosy and are looking for homes in pristine condition. Having a property thoroughly inspected before it goes on the market may be a smart strategy.

It’s a Matter of ConditionSometimes having a home inspected by an independent professional helps both the current homeowners and prospectshave a better understanding of the home’s true condition. Providing a professional inspection before the house goesunder contract allows both sellers and buyers to objectively consider the property without worrying about hidden issuesthat could ultimately kill the deal.

It’s a Matter of ValueHaving a property inspected before the listing can help in establishing a fair, competitive price. Some homeowners mayhave an unrealistic view of the condition of their homes and after a pre-listing inspection will have a better perspective.

Having the home inspected before the listing helps to eliminate any last minute surprises (and costly repairs) that couldderail a transaction. Plus, it provides an impartial, professional assessment of the condition of the property so you keepthings in perspective with your clients when recommending a listing price. Repairs and estimates to correct critical itemscan be considered in the pricing process to avoid having the buyer discount the asking price after the contract is written.

It’s a Matter of Time and MoneyBy having a property inspected before the listing, the seller hastime to carefully shop for the best value in repair contractors andnot be forced to make rash decision in order to meet a buyerscontract deadline. The savings in both money and stress can besignificant. Logically, it just makes more sense to carefully manage any required work repairs -- and not be forced intomaking quick repair decisions with vendors that you don’t knowor trust.

It’s a Matter of Liability and Disclosure One critical area of litigation in the real estate arena is the

failure to disclose property deficiencies. Even after living in their homes for many years, sellers often don’t have full understanding of their homes to make accurate disclosures. By inspecting a property before it is listed, the inspectionreport can be used to create a more accurate seller’s disclosure statement and help reduce the potential liability risk forsellers and their agents. In fact, based on our experience many buyers waive any additional inspections if the pre-listinginspection was performed by a reputable inspection company. Our pre-listing inspections help protect both the seller andthe buyer.

It’s Matter of DistinctionProfessional information and disclosure creates a higher level of trust, differentiates your home from competitive listingsand eliminates some of the unnecessary tension associated with the purchasing process. By prominently displaying copiesof the pre-listing inspection you can relieve some of the natural concerns potential buyers have when considering a purchase. We also recommend you provide any repair receipts to create a powerful package. In fact, at BPG we offer aspecial pre-listing bundle that includes our standard 90-day inspection guarantee, a 12 month home warranty, and a fullyear of our Extended Advice -- to help your buyers and sellers on any issues that may arise after the inspection.

We’re working to be your expert--we’re working to earn your business.

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Home Warranty is offered and administered through BPG Home Warranty Company. ©2010 BPG is a registered trademark of BPG Holdings, LLC.

Provided by:

Rob RehmBuyers Protection GroupLicensed Home InspectorLicensed WDO InspectorNACHI Certified

800-285-3001

The Best Inspectors. Anywhere.