Selling a Luxury Home - Part 4 - The Team - Home Inspector
This is Part 4 in a Series. You may wish to look at the other parts first:
Selling a Luxury Home - Part 1 - Defined
Selling a Luxury Home - Part 2 - A State of Mind
Selling a Luxury Home - Part 3 - Make a Plan
In part 3 of Selling a Luxury Home we already covered why you should use a Realtor to get the most for your home in the least amount of time. The Realtor is going to help you put together a team. Remember this is a high Luxury Home and we have to show it as such. The three things that will build value are Uniquness, Status, and Luxury in Luxury Home Sales.
One of the first team members you need to get is a Home Inspector. In this market lately many sellers balk at this expense; expecting the seller to pay for any inspection they want once we are in contract. There are several good reasons to have your own home inspection completed first:
- It is better to find embarrassing issues first and get them out of the way before showing the home.
- It better allows you to control the cost of any repairs that will be needed as a result of the inspection.
- It demonstrates to buyers that you are serious and ready to go. It assures them about the quality of the property.
- It will save time and eliminate potential problems when you move into escrow. The buyer does not have to get an inspection and all repairs can be taken care of in advance. (A buyer can still get their own inspection if they want.)
Ok so the inspection is complete, but don't get too excited and run off and start repairs yet. We are going to coordinate this with the other team members. No sense in doing a job twice. Let's do it all right the first time.
When you actually put it on the market the home inspection should be part of the package for buyers to examine along with documentation of repairs before the buyer puts in an offer.
There are any number of inspections you can have done on a home, roof inspectors, soil inspectors, pool inspectors, electrical inspectors, plumbing inspectors, well inspectors and testers, septic inspections, etc.. A buyer can inspect anything they want. How many and what specialized you need when buying or selling is up to you. As an agent I will never recommend anyone not get an inspection they feel they need. If I were buying a home I would always get a home inspector, termite inspector (that is the next part), and get the others as issues presented themselves.
Subscribe for next time when we look at Termite Inspectors.
