The
Listing Inspection
An alternative
to:
Reduce stress
Eliminate conflict
Create a pleasant, cooperative atmosphere and relationship
FACT:
Home
Inspections:
Creates conflict
Conflict creates stress
Stress creates displeasure
Most people
(buyers, sellers, agents, attorneys, mortgage corporations) would agree:
1. Home inspections are essential when
buying or selling a home.
2. Everyone benefits when trouble free,
fully disclosed homes are conveyed.
So, why
do home inspections cause conflict?
Home inspections cause conflict because they are placed in the worst
possible place in the real estate transaction.
Look where home inspections are placed
in the transaction. They're placed right after the most highly emotional
event of the transaction, negotiation and ratification of the contract.
Right after the emotional give and take. Right after the compromise
no one anticipated.
Let me ask a general question, if you have an emotionally charged situation
and you want to make it even more stressful, what do you do?
Of course, put a deadline on it and bring in an "expert" to examine
the situation. Bring in an expert who is perceived to be biased - working
only for one side.
What are
the possible results of a home inspection at this time?
1. No requested repairs - the contract
stands as negotiated. No one benefits. Very rare.
2. Repairs required by the contract are
uncovered and requested to be repaired.
3. Repairs outside the terms of the contract
are uncovered and requested to be corrected.
4. Because of the home inspection report,
the buyer decides to "WALK" - not buy the home.
So, the
expectation is set up; the seller is going to loose something and the
buyer is going to gain something from the home inspection.
If we
agree home inspections are, Essential, Inevitable, Beneficial
Wouldn't it be a good idea to place the Home Inspection at a point in
the transaction where it could benefit "all parties" to the transaction?
Take it out of the emotionally charged position it now occupies and
move it to a place in the transaction where it is viewed as a "necessary
service", not a threat to the seller.
Where
is this logical place for the Home Inspection to fall to be of the most
service and cause the least stress?
Right
after listing.
Now, lets
look at how this changes the dynamics for the seller.
1st - Removal of all unknowns
Can pick a "good" inspector
Can schedule at a convenient
time
Report stands alone
No pressure from the buyer
or selling agent.
2nd - Unknown problems won't come up and scare off a prospective buyer!
3rd - If problems are uncovered, the seller has the option of
Correcting
Eliminating
Disclosing
Correcting
What - How - Who - When
The seller
gets to make the decision (with no pressure from a prospective buyer)
"What" they feel they are going to correct or not correct.
The seller
gets to decide "How" they are going to correct reported problems with
no pressure from the prospective buyer. No arguments over repair or
replacement options.
The seller
gets to make the decision "Who" will make the repairs and has the time
to shop around for the best deal. "When"
Problems
and alternatives:
No "conflict"
No stress
No displeasure
Eliminating
In many
circumstances, the seller has the alternative to eliminate many reported
problems. Many reported problems involve systems or components which
are not essential. If you have a bad garbage disposal, humidifier, attic
fan, garage door opener, you can simply remove it.
Again,
problems and alternatives - No conflict.
Disclosing
Finally,
the sellers can choose not to repair a reported problem - disclose it
- and state the price has been adjusted to compensate for this condition.
When the buyer gets the inspection, the price is already negotiated
and then this problem no one knew about comes up.
The buyers assumed there were no major problems; they negotiated on
this expectation. If the seller doesn't fix it, it's not fair. They
are being taken advantage of.
The seller assumed there were no major problems; they negotiated on
this expectation. If they would have known about these additional costs,
they wouldn't have lowered the price so much. It's not fair, they are
being taken advantage of.
Confrontation, Conflict, Stress, Displeasure.
Home
Inspections determine the TRUE condition of the home's systems and components.
Rarely are the buyers and sellers expectations correct.
Almost always, the home inspection uncovers a problem (whether small
or major) the buyer and seller were not aware of.
When expectations are not met, then conflict is created.
Conflict disrupts a smooth, amicable real estate transaction.
No one enjoys conflict, stress, confrontation, not the buyer-not the
seller-not the Real Estate agents- not the home inspector.
What
can be done?
Take control of the situation. When you have control, the Home Inspection
becomes stress free. Honesty IS the best policy. Any property condition
unknowns and objections are eliminated for the prospective buyer.
The benefits
of a Listing inspection are:
Buyers feel more comfortable making an offer.
Buyers have more TRUST in the selling and listing agent.
Buyers perceive added value. They don't have to pay for the inspection.
take off work to attend the inspection. negotiate repairs, etc.
Conflict,
stress and confrontation are gone.
So, if
I sold you on the concept of listing home inspections, how are you going
to make it work? Just call us and set up a listing inspection.
757-467-7328 (INS-PECT) | 804-288-3885
| 800-531-1400
This
is what we can do for you:
1. No up front cost. We believe you will more than save the cost of
the inspection by taking control of repairs, eliminating or disclosing
problems. Pay out of closing or at the end of the listing period.
2. We are a well known Home Inspection company. We are well respected
in the real estate community. We have been in business since 1982 and
completed about 4,000 inspections last year. Selling agents and buyers
will accept our reports.
3. We will provide a computerized report which describes all the positive
things about your home, not just the negatives. The report will be bound
in a handsome binder for display to all prospective buyers.
4. We will UPDATE your report if you have items repaired or eliminated.
If you decide to disclose an item in need of repair, we will incorporate
bids from contractors in the report.
5.
We will place a distinctive sign in your front yard letting all prospective
buyers know your home was pre-inspected and is a trouble free/fully
disclosed home.
6. We will answer any questions prospective buyers may have.
7. We are willing to be responsible to both the buyer and seller. If
we do the walk thru inspection for the buyer, at 1/2 the fee of the
listing inspection, we will transfer the inspection to the buyer.
Also we
will give the buyers:
1. THE HOME MAINTENANCE GUIDE which details a series of simple but important
tasks that require only a few hours per year that will save you time,
money and frustration. The Guide includes: a monthly maintenance schedule
and a detailed description of the maintenance tasks presented in the
schedule.
2. CONSUMERS GUIDE, NEW COMPLETE HOME REPAIR MANUAL. This 384 page hard
back book claims to provide "Everything you need to know about home
maintenance and repair". These two aides will help you get started on
properly maintaining your new home. Take control, call us today to set
up an appointment for your listing inspection and make home selling
a less stressful experience.