Kingsley's Korner Real Estate Blog

CERTIFY THAT PRE-OWNED HOME!

June 13th, 2008

If you’re looking for a competitive edge in the sale of your home, your real estate agent may have an unexpected suggestion. Although many sellers assume that it is the responsibility of the buyers to pay for an inspection, having one performed before you even list your home can go a long way towards attracting a full price offer from confident buyers.

Think about it. If you’re aware of flaws and needed repairs before you begin marketing your home, you can correct potential problems before the buyers even have a chance to think about negotiating a lower price for repairs. Sellers can expect an offer that is two dollars less for every dollar in needed improvements, so why would you give away that money when you can save it by simply investing in a pre-listing inspection?

A pre-listing inspection also reduces time and stress before closing, because there’s no rushing around trying to get requested repairs done on the buyer’s schedule. You’re also establishing good will right off the bat, creating an atmosphere of trust and honesty up front.

All of these aspects greatly increase the chances that the buyers will offer full price and follow through to closing without any doubts, delays or picky negotiations. Like a quality used car, giving your home the “Certified Pre-Owned” label will encourage the buyer’s seal of approval!

Call me if you need assistance with your real estate decisions. If you prefer, Email me at donkingsley@kingsleyrealestate.com. I will be happy to share my knowledge with you at no cost or obligation.

Entry Filed under: Real Estate Tips, Selling Your Home


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