Why Having a Seller Inspection Is Important
Traditionally, how real estate is sold goes as follows: Houses are put on the market, offers are accepted, and then inspections are performed for Buyers. Upon inspection, deficiencies are discovered and then Buyers and Sellers negotiate repairs. With this process, real estate transactions are negotiated twice, once on the price of the house and once for repairs. Upon negotiating repairs is when all the anger, anxiety, and frustration with the real estate process takes place. MOREOVER, THIS PROCESS ALWAYS COSTS THE SELLER MONEY.
In our experience, never in the history of selling houses has a Seller netted more money or sold the house for a higher price, after the Buyer’s inspection is performed. The Buyer will always demand a repair of an item, replacement of an item, or a reduction in price. AGAIN, THIS PROCESS ALWAYS COSTS THE SELLER MONEY.