https://youtu.be/76HhB0zTv70 Hot Areas to Invest in Vancouver February 11, 2021 Christian Dy, Latitude West…
Inspect Your Own House in Vancouver Before Selling it?
Yes! Sometimes Sellers in Vancouver will get their own inspection on their home by a qualified Home Inspector before listing it for sale to get a very clear idea of the mechanical condition of their property. But why?
Why Get a Pre-Listing inspection on a Home in Vancouver?
I recently had the pleasure of talking to Dave Brighton, Home Inspector with Brighton Home Inspections on pre-listing inspections in Vancouver.
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Inspections done on behalf of a Seller are done for several reasons:
- Increased Certainty in Negotiations – Many Buyers in Vancouver use a Subject to Inspection to protect themselves when purchasing a property. Often, once a Buyer has their inspection done, the Buyer will try to use required or other repairs to renegotiate the accepted offer price on the property. With a pre-list inspection, the Seller and the Listing or Sellers Agent can know what issues the property has and price the property accordingly. Also, the Sellers will have a clear idea of the cost of the repairs that may be needed. So if a Buyer attempts to re-negotiate price based on the problems with the property, the Seller can have a realistic idea of the cost of the issues and negotiate accordingly.
- Marketing Power of a “Problem-Free Home” – If a Seller can be certain the house has no issues or requires no repairs the property can be realistically marketed as a problem-free house not needing any repairs. This increases Buyer confidence in the property and can be particularly powerful in a soft market when there is a lot of competition among Sellers.
How is a Pre-List Inspection Done?
Just like a standard home inspection is done for a Buyer. The Home Inspector will check all the mechanical systems of the property, the envelope, the foundation, the drainage systems to give a very clear picture of what is happening with the property from a physical perspective.
When is a Pre-List Inspection Done?
Usually, a week or so before the property is due to be listed, so if any repairs are needed there is time before listing to take care of them.
How Much Does a Pre-Listing Inspection Cost?
Dave Brighton can help you with that question at 604-290-5557.
Want to know EXACTLY how much you will end up with when Selling Your Home?
Check out this great Vancouver Realtor Commission Calculator!