Buyers and sellers need to familiarize themselves with the home inspection process. However, home inspection knowledge is just as important for real estate agents. Regardless of whether you are the listing or buyer agent, keep the following tips in mind during the process.
Prepare the Seller
If you are the listing agent, you will want to close the deal on the house as fast as possible. It is important that you inform the seller what needs to be done on their end. Staging and cosmetic home improvements are part of the preparation process. You should also make sure that your client has prepared their home for the inspection.
Stress the Importance of the Inspection
You should not downplay the home inspection for your client. The inspection can make or break a deal. Additionally, buyer agents and buyers will leverage any issues to seek a lower price. The role of listing agent is in part to avoid these pitfalls. Help your client prepare by identifying areas that need improvement. Doing so will save the time of everyone who is involved.
Make the Inspector’s Job Easier
As the listing agent, make sure that the home inspector can access every part of the house. Inspectors should be able to access the attic, basement and any crawl spaces. Ensure your client clears a path to mechanical items. These can include the furnace, water heater, and electrical panel. Additionally, make sure that all furniture is removed from exterior walls. The walls will need to be examined for cracks.
Know Your Place
Many people are on the fence if a buyer agent should attend a home inspection. The decision is best made on a case-by-case basis. First and foremost, work with your client to ensure that the home inspection is official. Do not simply tell the seller about requiring an inspection. Write the inspection in as a contract contingency.
As for your presence, make yourself an asset for your client. If you know about red flags during a home inspection, inform the buyer of these issues. Act as the bridge between the buyer and inspector if your client needs clarification.