Typically, when talking about home inspections, the buyer orders and pays for the home inspection. However, sellers also have the option to have an inspection done before listing their house on the market.
How does a pre-listing inspection benefit the seller?
A pre-listing inspection gives sellers insight on the condition of their home. This allows them to fix any issues, which can help them when negotiating the sale price later on. The inspection evaluates the major components of the house like the HVAC (heating, ventilation, and air conditioning), plumbing, roof, structure, electrical, doors and windows and the exterior. This gives the seller a heads up on any issues that could cause setbacks during the selling process.
An inspection can also help save sellers money. By disclosing issues that were discovered in the home, the seller can emphasize that they have taken those problems into account when pricing the house. When issues are brought up in a pre-sale inspection, the seller can repair those issues which ultimately gives them more control over the cost of the repairs.
How does a pre-listing inspection benefit the buyer?
For buyers, a pre-listing inspection makes them aware of any issues that could have blindsided them later on. If the seller does not want to repair any issues, the buyer can factor that into their offer for the home and use it to negotiate prices.
Should a buyer have an inspection done even though a pre-listing inspection has been done?
Yes, even if the seller has had an inspection before listing their home, buyers should also consider having their own inspection done. If the sellers had issues repaired that were discovered in a pre-listing inspection, a buyer should want to confirm that the repairs were done correctly with their own inspection.
If you are curious what you can do before a home inspection, check out our How sellers can prepare for a home inspection? blog!