01/15/2022
Pros of doing a home inspection before listing
There’s a laundry list of to-dos that most sellers are encouraged to tackle before putting a home on the market, including things like decluttering and deep cleaning, staging, and finding a great agent. What’s often not on that list however is a pre-listing home inspection.
Whether or not getting a home inspection before listing makes sense for you depends on a number of factors. Keep these pros and cons in mind as you decide if it’s a good next step.
Pros
You can get ahead of repairs
No home is perfect, and chances are there are a number of things about your home that a buyer might want fixed before closing. Doing a home inspection in advance of listing gives you an opportunity to get ahead of those requests, especially anything major that could forestall—or even squash—a deal.
Another benefit to getting in front of repair requests: you might be able to save yourself a good deal of cash. Buyers who want repairs may ask for you to lower the sale price to accommodate, or they may put you in a position where you have a very limited amount of time to put in a fix and end up having to pay a premium. Do your repairs in advance and you’ll have more control over how things get fixed and how much you spend in doing so.
You might be able to close faster
Your buyer is almost certainly still going to want to do a thorough home inspection themselves, even if they know you had one performed already. So while you probably can’t skip that step altogether in order to move the sale along at a faster pace, you can get more assurance that they’re not going to stumble upon huge issues that seriously slow you down.
You could list your home for more
Any improvement that you make to your home has the potential to increase its value, even if that improvement is a necessary one based on your home inspector’s findings. This is especially true for big ticket repairs like new appliances, roofs, and furnaces, but it also applies to smaller things, like getting rid of mildew in the bathroom or fixing faulty blinds. You won’t always get a 100% return on what you spend, but you can make your home a lot more attractive to buyers, and thus a lot more likely to sell for what you want it to.